Solving Word Problems with Money


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question 1 of 3

Elena babysits on weekends. On Saturday, she earned $13.25, and on Sunday, she earned $20.50. How much money did she earn over the weekend?

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1. Elena went shopping with her mother and took $20.00 of the money that she earned babysitting. She bought a shirt that cost $7.50. How much change did she have left?

2. With the science fair approaching, Elena knew that she had to buy some pieces of colored paper to cover her display. Each piece of the colored paper that she wanted costs $0.30. She bought 9 pieces of colored paper. How much money did she spend?

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About This Quiz & Worksheet

In this quiz, we'll see if you can solve word problems about money. You'll be asked to solve a variety of word problems using arithmetic and a basic understanding of dollars and cents.

Quiz & Worksheet Goals

The goals of the quiz are to see if you can:

  • Decide the appropriate method for solving word problems related to money
  • Use addition, subtraction, division and multiplication to solve word problems
  • Accurately make change

Skills Practiced

In this quiz, you'll practice the following skills:

  • Reading comprehension - see if you understood the material from the lesson on word problems that involve money
  • Problem solving - solve word problems that involve determining earnings, splitting up cash and making change
  • Distinguishing differences - decide the appropriate method for solving different word problems, including when to use addition and when to use multiplication

Additional Learning:

For more math practice, check out our associated lesson called Solving Word Problems with Money. We'll teach you all about:

  • The steps to take when tackling a word problem
  • Estimating
  • Checking your answer