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Worksheets

Solve Problems Using Money

Total questions: 20

Worksheet time: 20mins

Name
Class
Date
1.

Maria has 25 dollars.  She has to buy a gallon of milk which costs $3.50.  She wants to spend the rest of her money on cereal.  If each box of cereal costs $4.50, how many can she purchase?

a)

4 boxes

b)

5 boxes

c)

6 boxes

d)

7 boxes

2.

Scott works on cars. He charges $35 for each car plus $7 per hour. Write an equation that represents this scenario if Kylie's car bill was $63.

a)

7x + 35 = 63

b)

7x = 63

c)

7x - 35 = 63

d)

35x + 7 = 63

3.

Penelope is going to the carnival to ride the rides. It costs $20 to get into the carnival and ride tickets are $0.50 each. Write an equation that represents this scenario if she spends $35 in all.

a)

.50x + 20 = 35

b)

.50x = 35

c)

.50 + 20x = 35 

d)

.50x - 20 = 35

4.

WRITE AN EQUATION Aliyah had $24 to spend on seven pencils. After buying them she had $10. How much did each pencil cost?

a)

24-10=7x

b)

24+7x=10

c)

10+7x=24

d)

10+x=14

5.

Imagine you're on a vacation in the USA and you have 500 GBP in your wallet. You spot a camera you've been wanting to buy, priced at 700 USD. Given the exchange rate is 1 GBP equals 1.4 USD, do you have enough money to purchase the camera?

a)

Yes

b)

No

6.

A car costs 20,000 USD in the USA. The same car costs 18,000 EUR in Europe. If 1 USD equals 0.85 EUR, where is the car cheaper?

a)

USA

b)

Europe

c)

The price is the same

d)

Cannot be determined

7.

If 1 USD is equivalent to 74 INR, how much is 1000 INR in USD?

a)

13.51 USD

b)

13.55 USD

c)

13.45 USD

d)

13.60 USD

8.

John is planning a trip to Europe and needs to exchange his money. If 1 USD equals 0.82 EUR, how much will John get for exchanging 50 USD?

a)

41 EUR

b)

45 EUR

c)

40.5 EUR

d)

41.5 EUR

9.

Imagine you're planning a vacation and you need to save 2400 AUD for the trip by the end of the year. If you decide to save the same amount each month, how much do you need to save monthly?

a)

20 AUD

b)

200 AUD

c)

120 AUD

d)

240 AUD

10.

Imagine you are planning a trip to the United States and you have 100 GBP. If 1 GBP equals 1.38 USD, how much USD will you have for your trip?

a)

138 USD

b)

140 USD

c)

135 USD

d)

145 USD

11.

You want to convert 250 AUD to GBP, and the exchange rate is 1 AUD = 0.56 GBP. How much GBP will you receive?

a)

140 GBP

b)

145 GBP

c)

138 GBP

d)

150 GBP

12.

If you buy a laptop for 800 EUR and the sales tax is 20%, how much do you pay in total?

a)

960 EUR

b)

950 EUR

c)

980 EUR

d)

1000 EUR

13.

If you have 200 CAD and the exchange rate is 1 CAD = 0.75 USD, how many USD will you get?

a)

150 USD

b)

155 USD

c)

145 USD

d)

160 USD

14.

Convert 3000 JPY to USD, knowing that 1 USD equals 110 JPY.

a)

27.27 USD

b)

25 USD

c)

30 USD

d)

28.5 USD

15.

Exchange 500 EUR to JPY, with the exchange rate being 1 EUR = 130 JPY.

a)

65000 JPY

b)

64000 JPY

c)

65500 JPY

d)

66000 JPY

16.

John has $200. He wants to exchange it to EUR, with an exchange rate of 1 USD = 0.85 EUR. How much EUR will John get?

a)

170 EUR

b)

180 EUR

c)

160 EUR

d)

175 EUR

17.

The Roaming Cell Phone Company charges $15.00 per month plus $0.20 per minute of airtime usage.  If Juanita uses x minutes of airtime, what is an equation that can be used to determine her monthly cell phone bill (C)?

a)

C = 0.20x + 15

b)

C =15 (0.20x)

c)

C = 15 + x + 0.20

d)

C = 0.20 + 15x

18.

WRITE AN EQUATION
Imani spent half of her weekly allowance playing mini-golf. To earn more money her parents let her wash the car for $4. What is her weekly allowance if she ended with $12?

a)

0.5x+4=12

b)

x+4=12

c)

12-4=x

d)

12-4=0.5x

19.

Phone Company A charges $.07 per minute for phone calls and has no monthly fee.  Company B charges $.04 per minute plus an $8.31 monthly fee.  How many minutes would you need to talk on the phone to make Company B the best deal?

a)

More than 280 minutes

b)

More than 197 minutes

c)

More than 277 minutes

d)

More than 240 minutes

20.

A pile of 68 coins consists of quarters and dimes.  If the value of the pile is $15.05, how many dimes are there?

a)

23 dimes

b)

13 dimes

c)

15 dimes

d)

20 dimes