Real World Math Problems with Money Flashcard

Front

What is the formula to calculate change when making a purchase?

Back

Change = Amount Given - Cost of Item

Front

If a book costs $8.99 and you pay with a $20 bill, how much change do you receive?

Back

$11.01

Front

How do you determine how much more money you need to buy an item?

Back

More Money Needed = Cost of Item - Amount You Have

Front

If a video game costs $59.99 and you have $45.00, how much more do you need?

Back

$14.99

Front

What is the formula to calculate total earnings based on hourly wage and hours worked?

Back

Total Earnings = Hourly Wage x Hours Worked

Front

If you earn $10.50 per hour and work 8 hours, what is your total earnings?

Back

$84.00

Front

How do you calculate the number of items you can buy with a certain amount of money?

Back

Number of Items = Total Money / Cost per Item

Front

If you have $10.00 and ice creams cost $2.50 each, how many can you buy?

Back

4

Front

What is the formula to calculate total cost when buying multiple items?

Back

Total Cost = Number of Items x Cost per Item

Front

If you buy 3 notebooks at $2.50 each, what is the total cost?

Back

$7.50