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Making Change from a Purchase

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What is the largest bill or coin that can be taken out of $8.55?

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1. Make change for $5.15 using the least number of bills and coins.

2. How much change is needed if the cost of the item is $13.22 and the total paid is $15?

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About This Quiz & Worksheet

These resources will guide you along as you find out what you know about making change. You'll need to understand the largest bill or coin that can be taken out of a given amount of money and using the least number of bills and coins to make change.

Quiz & Worksheet Goals

Make use of these study assessments to:

  • Figure out how much change is needed for a given cost that is already partially paid
  • Calculate change for a given amount
  • Identify change for a given amount of dollars, dimes and pennies

Skills Practiced

This worksheet and quiz will help you to practice the following:

  • Critical thinking - apply relevant concepts to examine information about the largest bill or coin that can be taken out of a given amount of money in a different light
  • Problem solving - use acquired knowledge to solve practice problems that ask you to make change
  • Interpreting information - verify that you can read information regarding how much change is needed for a given amount with some of it already paid off and interpret it correctly

Additional Learning

This lesson will help you to learn more about making change. The lesson is entitled Making Change from a Purchase and it will guide you along the following objectives:

  • Define change
  • Understand who might make use of this information in real life
  • Analyze the purchases and change for different customers in the examples
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