Solving Money Word Problems

The video tutorial by Mighty Owl takes place in Mia's Mighty Magic Shop, where viewers practice solving word problems involving money. The video guides through scenarios with customers Jenny, Latiffa, and Will, teaching how to calculate the total value of coins, determine if there's enough money to make a purchase, and calculate change. The tutorial emphasizes using the largest coin value first and skip counting to simplify calculations. By the end, viewers learn to solve money-related word problems and understand the concept of change.

What types of coins and bills are used in the video to solve money word problems?

• Quarters, dimes, nickels, pennies, and dollar bills

• Half dollars, quarters, dimes, and pennies

• Dimes, nickels, pennies, and two-dollar bills

• Quarters, nickels, half dollars, and dollar coins

How much money does Jenny have in total with her 2 dimes and 5 nickels?

• $0.35

• $0.40

• $0.50

• $0.45

Which item can Latiffa buy with her $0.80?

• Magic potion

• Book on card tricks

• Mini pink crystal

• Magic wand

What combination of coins should Latiffa use to pay exactly $0.50 for the book?

• 1 quarter, 1 dime, 3 nickels

• 5 dimes

• 2 quarters

• 1 quarter, 2 dimes, 1 nickel

How much change will Will receive after buying the magic wand with a $1 bill?

• $0.10

• $0.15

• $0.25

• $0.20

Which of the following is a possible combination of coins for Will's change?

• 1 dime and 1 nickel

• 1 quarter

• 3 nickels

• 15 pennies

What is the main concept learned from Will's scenario?

• Using the largest coin first

• Choosing the right item to buy

• Calculating change from a purchase

• Adding up the value of coins