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## Addition and Subtraction

28 money word problems worksheets.

Addition and subtraction word problems for money.

## Multiplication and Division

20 money word problems worksheets.

Introductory word problems for multiplication and division.

## Mixed Operation Money Word Problems

16 money word problems worksheets.

Mixed operation word problems with money.

## Addition and Subtraction with Extra Facts

Addition and subtraction word problems for money with extra unused facts in the problem.

## Multiplication and Division with Extra Facts

Word problems for money multiplication and division with extra unused facts in the problem.

## Mixed Operation Money Word Problems with Extra Facts

Mixed operation word problems with money with extra unused facts in the problem.

## Word Problems to Introduce Money Skills

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## How to Earn Money by Solving Math Problems

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## 1. Money Math Games

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## Get Paid To Solve Math Problem Online: 15 Websites that pay you to do Homework Online

## List of 15 Websites that pay you to do Homework Online

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## Solve Math Problems Online And Earn Money From These 7 Top Sites In 2021

## How To Solve Math Problems Online And Earn Money

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## Math Money Word Problems

## Learning Outcomes

On successful completion of this lesson your child will be able to:

- Solve money problems using all four operations (addition, subtraction, multiplication, and division)
- Solve multi-step problems (e.g. first multiply, then subtract)
- Solve money problems using simple fractions

## Operations and Key Words in Word Problems

The chart below shows common terms for the 4 operations found in many word problems.

Below are some examples of key words in word problems.

- Jackson has 250 baseball cards and 175 football cards. How many baseball and football cards does he have in all ? (Add 250 + 175 = 425 cards).
- How many more baseball cards than football cards does Jackson have? (Subtract 250 – 175 = 75 cards).
- Mrs. Silver has 5 rows of daisies in her garden. There are 6 daisies in each row. How many total daises are in Mrs. Silver’s garden? (Multiply 6 x 5 = 30 daisies).
- Mrs. Silver also has lilies in her garden. She planted 18 daisies. She has 6 rows of daisies. How many daisies are in each row ? (Divide 18 ÷ 6 = 3 daisies in each row)

## Money, Decimals, Fraction Connections

The chart below shows you connections between money, decimals, and fractions

## Pre-assessment worksheet

Have your children try the assessment worksheet below before starting the main lesson.

## Main Lesson: Money Word Problems

## Example 1 of 8: Money Word Problem With Addition

## Example 2 of 8: Money Word Problem With Subtraction

## Example 3 of 8: Money Word Problem With Multiplication

- Step 1: Underline important information and { bracket} important numbers.
- Step 2: Ask: What is this question asking me to do? (Determine how much total money will Sol spend?).
- Step 3: Write a number sentence ($0.75 x 4)
- Step 4: Count the number of decimal places in 0.75. There are 2 decimal places. The 7 is in the tenths place and the 5 is in the hundredths place.
- Step 5: Multiply 75 x 4 = 300
- Step 6: Put the decimal point back into the product. 3.00
- Step 7: Write the answer. Sol will have to spend $3.00

## Example 4 of 8: Money Word Problem With Division

- Step 1: Underline operation key terms and {bracket} important numbers.
- Step 2: Ask: What is this question asking me to do? (How much will Rudy put into each group?).
- Step 3: Write a number sentence ($24.75 ÷ 3)
- Step 4: Divide whole dollars first (24 ÷ 3 = 8)
- Step 5: Divide cents next (0.75 ÷ 3 = 0.25)
- Step 6: Add dollars and cents. $8 + 0.25 = $8.25
- Step 7: Write the answer. Rudy will put $8.25 in each group.

Remind your children that 0.75 is 3 quarters. Three quarters divided by 3 is one quarter or 0.25.

## Example 5 of 8: Multi-step Money Word Problem

- Step 2: Ask: What is this question asking me to do? (How much will Talia have after she goes shopping?).
- Step 3: First, add the total amount that she spent ($10.99 + $8.25 + $9.50 = $28.74)
- Step 4: Then, subtract the total amount Talia spent from the amount she started with ($50.00 – $28.74 = $21.26)
- Step 5: Write the answer. Talia spent $21.26

## Example 6 of 8: Multi-step Money Word Problem

## Example 7 of 8: Money Word Problem With Fractions

- Step 2: Ask: What is this question asking me to do? (How much money did Todd make raking leaves?).
- Step 3: First find ½ of $100. $100 ÷ 2 = $50
- Step 4: Since half divides the $100 into two equal amounts, Todd made $50 from raking leaves and $50 from shoveling snow.
- Step 5: Write the answer. Todd made $50 shoveling snow.

## Example 8 of 8: Money Word Problem With Fractions

- Step 2: Ask: What is this question asking me to do? (How much money did Spencer make tutoring math?).
- Step 3: First find ¼ of $240. Since one-fourth (¼) means to divide by 4, you are now dividing by a whole number: $240 ÷ 4 = $60.
- Step 5: Write the answer. Spencer made $60 tutoring math.

## Money Word Problems: Worksheets

Listed below are the 3 worksheets included in the above lesson

- Word Problems: Decimals Worksheet – with addition, subtraction, multiplication, & division
- Word Problems: Multi-step
- Word Problems: Money With Fractions

## Test Questions

## Additional Theory:

The worksheets below are the mostly recently added to the site.

## Probability of Compound Events (Black Friday Sale Themed) Math Worksheets

## Sample Space (Spring Festival Golden Week Themed) Math Worksheets

## Trapezoid (World Tourism Day) Math Worksheets

## Collinear Points (Construction Themed) Math Worksheets

## Estimating Difference (Be Eco-Friendly Themed) Math Worksheets

## Factoring Perfect Square Trinomials (Earth Day Themed) Math Worksheets

## Additive Inverse (Valentine’s Day Themed) Math Worksheets

## Imperial System of Measurement (National Baking Week Themed) Math Worksheets

## Estimating Product (Climate Change Themed) Math Worksheets

## Multiplying By 11 (Word Games Themed) Math Worksheets

## Place value and value of decimals

## Place Value: Decimals

## Decimal Place Value Chart, Examples, FAQs

## Place Values After the Decimal Point

## Causes of mental illness in adolescence

Here, we will show you how to work with Causes of mental illness in adolescence.

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## Get paid by solving maths problems

## 4 Ways to Earn Money by Solving Maths Problems

Doing math equations is a great way to keep your mind sharp and improve your problem-solving skills.

Math can be difficult, but with a little practice, it can be easy!

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## What are the sites on which I could earn by solving math

How to earn money by solving math problems.

## Accessibility links

## Solving money problems

Learn how to solve questions involving money using a problem-solving method.

Remember that RUCSAC can help you solve word problems:

RUCSAC is an acronym that helps us to remember the order to tackle word problems:

U NDERLINE and U NDERSTAND key words.

C HOOSE the correct operation (+ - x ÷) and method.

Now let's take a look at some money problems and use RUCSAC to help us solve them.

Have you read the question carefully?

Underline or highlight the important information. Do you know what the problem is asking?

'Altogether' tells us that we need to add the amounts together.

You can use the column method to work out this sum.

You’ve worked out how much Charlotte saved altogether so you have answered the question.

A cake costs £2.10. How much do 5 cakes cost?

Read the question again and make sure you understand it.

Now highlight the important information:

A cake costs £2.10 . How much do 5 cakes cost ?

This question is asking you what 5 lots of £2.10 is, so the operation to choose is multiplication .

Turn the pounds into pence first so it’s easier to multiply.

Turn the pence back into pounds.

Always check your working out!

You could also use visual images to help you solve this question through repeated addition.

Here are our 5 groups of £2.10 using a two-pound coin and a 10p coin.

Now add up all the two-pound coins and 10p coins to see how much there is altogether.

Both answers are the same. There's usually more than one way to solve a problem!

You may need paper and a pen or pencil for some of these activities.

Using a pen and piece of paper and remembering the RUCSAC method, try to work out the following:

For her birthday, Amelia receives £5.00 from her grandfather and £10.00 from her aunt.

With the money, she decides to buy a book for £7.99 and then some chocolates on offer for £3.90.

Does she have any birthday money left, and if so, how much?

Try this quiz to see how well you understand multiplying amounts.

## There's more to learn

## More Maths Guides

Take a look at our other Maths guides.

Explore more Bitesize guides on number and place value.

## Primary games

## There's more to learn ...

## Estimating money

What is financial decision making?

## How much have I spent?

## Earn money by solving maths problems

This Earn money by solving maths problems helps to fast and easily solve any math problems.

## Top 15 Websites For Solving Maths Problems To Earn Money

Doing math equations is a great way to keep your mind sharp and improve your problem-solving skills.

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No matter what level you're at, math is a subject that requires both understanding and practice.

## What are the sites on which I could earn by solving math

How to earn money by solving math problems.

## Make Money with your Mathematical Skills: 5 Websites that Pay

Doing homework can help improve grades.

Get detailed step-by-step solutions

## Photomath: Earn $300 a Week by Solving Math Problems Online

In just 5 seconds, you can get the answer to your question.

We can help you determine the math questions you need to know.

## Top 15 Websites For Solving Maths Problems To Earn Money Online

## 1. Study.com

## Feature of Payment:

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## 3. Math Cash App

## 5. PaperCoach

## 6. OneClass

## 7. Preply

## 8. HelpWithAssignment

## 9. Growing Stars

## 10. School Solver

## 11. HashLearn

## 13. Eduboard

## 15. Photomath

Photomath is a math answer app that you may download here .

## Conclusion:

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## Here’s How You Can Earn Money By Solving Maths Problems Online

See also: Why are English and Maths Important?

## Become a Math Tutor

There are many ways you can pursue this career online:

- Apply for an online tutoring site. There are many online tutoring platforms that allow students and parents alike to connect with qualified and vetted math tutors. TutorMe is an example of one such platform.
- This can also be a successful marketing method if you were interested in starting your own tutoring business because it will allow you to show students and parents alike how good you are at explaining the various steps required to solve any given problem.
- View online classifieds for virtual tutoring openings. Potential clients often search for freelance math tutors on websites like Angie’s List .
- Contact professors in the math department about peer tutoring opportunities. This is especially useful for college students looking to make part-time income. Although peer tutoring has not traditionally been offered as online tutoring positions, it’s worth a try to see if remote jobs exist within the realm of higher education.
- Connect with parents and prospective students on social media. One of the best ways to drum up interest is to post your interest in offering tutoring services among your network using social media platforms. Parents are likely to be more trustworthy of a tutor who they already know outside of the internet.

See also: 14 Ways to Drastically Improve and Expand Your Vocabulary

## Get Paid to Answer Student Questions

See also: 11 Best FREE Apps to Learn English Vocabulary

## How to Use Math Skills to Make Money Without Tutoring

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If you look at this page , you will see various job openings for math freelancers entitled:

## Become an Online Course Expert or Curriculum Developer

See also: Is Being an ESL Teacher a Good Career?

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Here are the various ways that you can make a little money on the side with the Math Cash App :

- Math Cash Duels: You can earn money by attempting to solve 20 sets of arithmetic expressions in a minute in a duel against an opponent. The player with the higher score is the one who cashes out.
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- Inviting Friends: You can also earn commissions when a friend you invited to play the app also solves math problems and completes sponsor tasks.

## Look for Paid Research Opportunities

See also: Is ESL Teaching Hard? Here’s What You Need to Know

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One to one maths interventions built for KS4 success

Weekly online one to one GCSE maths revision lessons now available

In order to access this I need to be confident with:

Using the four operations; addition, subtraction, multiplication and division

## Money Problems Maths

## What are money problems?

We will explore different types of money problems that can be used in lots of different situations.

For the purposes of these examples we will use Pound Sterling.

£1 is made of 100 pence (or 100p ).

Pounds can be written as pence, for example £3.15 can be written as 315p.

Pence can be written as pounds, for example 27p can be written as £0.27.

UK coins are 1p, 2p, 5p, 10p, 20p, £1 and £2.

The UK notes are £5, £10, £20 and £50.

## How to work out money problems

In order to solve money problems in maths:

Read the question carefully and work out how to solve the word problem.

Write the answer with the correct units.

## Explain how to work out money problems

## Money problem maths worksheet

## Related lessons on arithmetic

## Money problem maths examples

A chocolate bar costs 45p and a bottle of lemonade costs £1.20.

Frankie buys 3 bars of chocolate and 2 bottles of lemonade.

Work out how much change Frankie gets.

Then we need to find the change,

3 Write the answer with the correct units.

## Example 2: ratio

We have been given the difference in the amount of money Ali and Ben receive.

Looking at the ratio, the difference in parts is 3 parts,

Note that Ben receives £24.50, so £10.50 more, and the total money shared was £38.50.

## Example 3: fractions

We have to find one fifth of the cost, and subtract it.

First we find the fraction of the amount.

Then we subtract this from the original price,

The new price of the laptop is £280.

## Example 4: percentage increase

A railcard costs £430. The price is going up by 23\%. Calculate the new price of the railcard.

We need to find 23\% of the amount and add it on.

(2\times 43)+(3\times 4.30)=86+12.90=98.90.

Because the question wants an increase, we add this to the original amount.

The final answer for the new price of the rail card is £528.90.

Alternatively you could use a multiplier,

## Example 5: best buy

Cereal can be bought in two different ways.

A small box contains 200g and costs 89p.

A large box contains 700g and costs £3.45.

Find which box is the best value for money.

First we need to make sure both prices are in the same units. Let’s change the £3.45 into 345p.

Therefore the small box is better value for money.

## Example 6: exchange rates

Sofia went to Portugal. She changed £160 into euros (€).

The exchange rate was £1 = €1.17.

How many euros did Sofia receive?

We need to use the exchange rate and multiply the amount in pounds to get the amount in euros.

## Common misconceptions

## Practice money problems maths questions

70p written as pounds is £0.70. The total cost is

The change can be found by subtracting the total cost from 10,

The difference in the ratio parts is

The difference is £38, since this is equivalent to two parts it is divided by 2.

Therefore the total amount of money for the bill is

3. A coat costs £60. A sale offers \frac{1}{4} off the price. Calculate the sale price of the coat.

We can find the fraction of the amount and then take it away from the original price.

The sale price of the coat is £45.

5. A large box of washing powder costs £4.85 for 950g.

A small box costs 55p for 100g.

Work out which box gives better value for money.

Large box, as 1.958 grams per pence is better value than 1.818 grams per pence.

Large box, as 0.51 grams per pence is better value than 0.55 grams per pence.

Small box, as 1.818 grams per pence is better value than 1.958 grams per pence.

Small box, as 0.51 grams per pence is better value than 0.55 grams per pence.

The large box gives a greater amount of grams per pence, so is better value.

As we are converting pounds to dollars, we need to multiply by the exchange rate.

## Money problems maths GCSE questions

1. 2 apples and 3 bananas cost £1.40.

Work out the cost of 3 apples and 4 bananas.

Give your answer in pounds and pence.

2. Mike is going shopping for clothes for a new job. He has £150 to spend.

He buys 3 pairs of trousers for £29 each. He sees shirts cost £12 each.

Work out the maximum number of shirts Mike could buy.

So 5 shirts is the most he can buy.

He exchanged £750 into American dollars (\$).

The exchange rate was £1 = \$1.23.

(a) Exchange £750 into American dollars. Give your answer to the nearest 10 dollars.

(b) Jonathan brings \$147 back home.

Exchange \$147 into UK pounds.

Give your answer correct to the nearest pence.

\$922.50 is \$920 to the nearest 10.

## Learning checklist

- Solve real world maths problems involving money
- Money problem solving with ratios, fractions and percentages
- Use exchange rates to convert currencies

## The next lessons are

## Still stuck?

Find out more about our GCSE maths revision programme.

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Money Math Word Problems Worksheet Identifying Coins Check-in Worksheet Money Match: Money in the Bank Worksheet Add Up the Change Worksheet Learn the Coins: The Nickel Worksheet Learn the Coins: The Quarter Worksheet Learn the Coins: The Dime Worksheet Counting Coins III Worksheet Counting Coins #1: How Much Change? Worksheet

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Solve money problems using all four operations (addition, subtraction, multiplication, and division) Solve multi-step problems (e.g. first multiply, then subtract) Solve money problems using simple fractions Warm Up Work through the warm up section below with your children and then try the worksheet before moving on to the main part of the lesson.

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Money Word Problems (solutions, videos, examples) Solving Money Math Word Problems 1. Identify what the word problem is asking. 2. Take note of keywords in the question. 3. Write the equation.

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CHOOSE the correct operation (+ - x ÷) and method. SOLVE the problem! ANSWER the question. CHECK your working out. Now let's take a look at some money problems and use RUCSAC to help us...

There are a few sites on which you can earn money by solving math problems. Some of the most popular ones are MathElf, BrainFuse, and Mathnasium. MathElf pays. Explain mathematic question Math can be a difficult subject for many people, but it doesn't have to be! By taking the time to explain the problem and break it down into smaller pieces ...

Top 15 Websites For Solving Maths Problems To Earn Money Online 1. Study.com Study.com provides a fantastic chance for Math specialists and other topic teachers to join their online platform and provide online assistance to students. You will need to respond rapidly to the student's inquiries as they arise.

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With a problem involving mixed forms of currency, it's helpful to set up a chart like this: So we have rows for each of our coins, dimes and quarters. In the number column, we label dimes as x....

Here are the various ways that you can make a little money on the side with the Math Cash App: Math Cash Duels: You can earn money by attempting to solve 20 sets of arithmetic expressions in a minute in a duel against an opponent. The player with the higher score is the one who cashes out.

In order to solve money problems in maths: Read the question carefully and work out how to solve the word problem. Calculate the solution. Write the answer with the correct units. Explain how to work out money problems Money problem maths worksheet Get your free money problem maths worksheet of 20+ questions and answers.

Money word problems help students understand the words we use when talking about money. You can teach kids how to solve word problems with worksheets or activities that include real money. For review, you can use our worksheets on adding money. Once your student understands the basic concepts of dealing with money in a mathematical sense, you ...

Using money to illustrate these examples is the best way to make it easily accessible and understood. Using money in math can be used to solve problems that involve shopping, investing, budgeting ...