Making Change

Flashcard
•
Mathematics
•
9th - 12th Grade
•
Hard
+2
Standards-aligned
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15 questions
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1.
FLASHCARD QUESTION
Front
What is making change in a financial transaction?
Back
Making change refers to the process of returning the correct amount of money to a customer after a purchase, based on the amount they paid and the cost of the item.
Tags
CCSS.4.MD.A.2
2.
FLASHCARD QUESTION
Front
If you have $10 and buy an item for $4, how much change do you receive?
Back
$6
Tags
CCSS.4.MD.A.2
3.
FLASHCARD QUESTION
Front
What is the formula to calculate change?
Back
Change = Amount Paid - Cost of Item
Tags
CCSS.2.OA.A.1
4.
FLASHCARD QUESTION
Front
If a customer pays with a $20 bill for an item costing $15.75, how much change do they get back?
Back
$4.25
Tags
CCSS.5.NBT.B.7
5.
FLASHCARD QUESTION
Front
What is the importance of making change accurately?
Back
Accurate change ensures customer satisfaction, maintains trust, and prevents financial discrepancies.
Tags
CCSS.4.MD.A.2
6.
FLASHCARD QUESTION
Front
If you buy a drink for $2.50 and pay with a $5 bill, how much change do you receive?
Back
$2.50
Tags
CCSS.4.MD.A.2
7.
FLASHCARD QUESTION
Front
What do you do if you do not have enough change to give back?
Back
You can ask the customer if they have a smaller bill or provide an alternative solution, such as rounding the price.
Tags
CCSS.4.MD.A.2
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