Money Word Problems

Front

What is a money word problem?

Back

A money word problem is a mathematical problem that involves calculations related to money, such as finding change, total costs, or expenses.

Front

How do you calculate change from a purchase?

Back

To calculate change, subtract the total cost of the purchase from the amount paid.

Front

If a ticket costs $7.21 and you pay with $20.00, how do you find the change?

Back

Change = Amount Paid - Cost of Ticket = $20.00 - $7.21 = $12.79.

Front

What is the total cost of purchasing multiple items?

Back

Total Cost = Cost per Item x Number of Items.

Front

If a ticket costs $112.00 and you buy 2 tickets, what is the total cost?

Back

Total Cost = $112.00 x 2 = $224.00.

Front

How do you find the total cost of multiple tickets?

Back

Multiply the cost of one ticket by the number of tickets purchased.

Front

What is the formula to calculate total expenses?

Back

Total Expenses = Sum of all individual costs.

Front

If you buy 5 tickets at $78.25 each, how do you calculate the total cost?

Back

Total Cost = 5 x $78.25 = $391.25.

Front

What is the process to find out how much money is left after a purchase?

Back

Subtract the total cost from the amount of money you had before the purchase.

Front

If you pay $500.00 for a class that costs $456.00, how do you find your change?

Back

Change = $500.00 - $456.00 = $44.00.