Calculating Correct Change

The video tutorial teaches how to calculate change using two methods: counting on and subtraction. It begins with a story about buying socks and receiving change, then explains each method with examples. The tutorial includes practice problems involving gas, drinks, movie tickets, and popcorn to reinforce the concepts. The video aims to enhance money counting skills and ensure correct change is given in transactions.

What are the two methods introduced to verify the correct change?

• Multiplication and division

• Subtraction and division

• Counting on and subtraction

• Counting on and multiplication

In the counting on method, what is the first step to calculate change?

• Subtract the cost from the amount paid

• Divide the amount paid by the cost

• Start with the cost and count up to the amount paid

• Multiply the cost by the number of items

How do you use subtraction to find the correct change?

• Subtract the cost from the amount paid

• Subtract the amount paid from the cost

• Multiply the cost by the amount paid

• Add the cost to the amount paid

If you buy an item for $7 and pay with a $10 bill, how much change should you receive?

• $4

• $3

• $2

• $5

You have $3 and buy a drink for $2. How much change should you get back?

• $2

• $0.50

• $1

• $1.50

Three movie tickets cost $3 each. If you pay with a $10 bill, what is your change?

• $0

• $2

• $3

• $1

Can you buy three popcorns costing $2 each with $5?

• Yes, with $1 change

• Yes, with no change

• No, you need $1 more

• No, you need $2 more