Change from a Purchase

Change from a Purchase

Assessment

Flashcard

Mathematics

9th - 12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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15 questions

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1.

FLASHCARD QUESTION

Front

What is change in a purchase?

Back

Change is the amount of money returned to a buyer after they pay for an item, calculated as the difference between the amount paid and the total cost of the items purchased.

2.

FLASHCARD QUESTION

Front

How do you calculate change?

Back

To calculate change, subtract the total cost of the items from the amount paid. Change = Amount Paid - Total Cost.

3.

FLASHCARD QUESTION

Front

If Dan pays $20 for items costing $16.27, how much change does he receive?

Back

$3.73

4.

FLASHCARD QUESTION

Front

What is the total cost of items if one item costs $10 and another costs $5?

Back

The total cost is $15.

5.

FLASHCARD QUESTION

Front

If Mary buys two games for $14.12 and $11.75, what is the total cost?

Back

The total cost is $25.87.

6.

FLASHCARD QUESTION

Front

How much change does Mary get if she pays with two $20 bills?

Back

$14.13

7.

FLASHCARD QUESTION

Front

What is the importance of knowing how to calculate change?

Back

Knowing how to calculate change helps in budgeting, understanding transactions, and ensuring accurate financial exchanges.

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