Money Word Problems Knowledge Check

Front

What is money?

Back

Money is something that people use to buy things. It can be coins or paper bills.

Front

What are coins?

Back

Coins are small, round pieces of metal that are used as money.

Front

What are dollars?

Back

Dollars are paper money used to buy things. They come in different amounts like $1, $5, $10.

Front

How do you count coins?

Back

You count coins by adding their values together. For example, 1 quarter (25 cents) + 1 dime (10 cents) = 35 cents.

Front

What is a word problem?

Back

A word problem is a math question written in words that tells a story.

Front

How do you solve a money word problem?

Back

To solve a money word problem, read the question, find out what is being asked, and use math to find the answer.

Front

What does 'cost' mean?

Back

Cost is how much money you need to pay to buy something.

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What is change?

Back

Change is the money you get back after you pay for something if you give more money than the cost.

Front

What is a penny?

Back

A penny is a coin worth 1 cent.

Front

What is a nickel?

Back

A nickel is a coin worth 5 cents.