Let's solve each of the money word problems step by step.
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Problem 1:
Jimmy wants to buy a computer and a printer for his office. A computer costs $175 and a printer costs $39. How much money does he need to buy both things?
Solution:
Add the cost of the computer and the printer:
$$
175 + 39 = 214
$$
✔ Answer: Jimmy needs
$214 to buy both items.
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Problem 2:
Joy has 2 five dollar bills and 1 ten dollar bill whereas Roy has 3 five dollar bills. Which of them has more money?
Step 1: Calculate Joy’s money
- 2 × $5 = $10
- 1 × $10 = $10
- Total = $10 + $10 =
$20
Step 2: Calculate Roy’s money
- 3 × $5 =
$15
Compare:
- Joy: $20
- Roy: $15
✔ Answer: Joy has more money.
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Problem 3:
Tina bought a coat for $233 and a pair of snow boots for $69. How much money did she spend in total?
Solution:
Add the two amounts:
$$
233 + 69 = 302
$$
✔ Answer: Tina spent
$302 in total.
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Problem 4:
Billy has 4 five dollar bills. Does she have enough money to buy a pizza which costs $36?
Step 1: Calculate Billy’s total money
- 4 × $5 =
$20
Step 2: Compare with pizza cost
- Pizza costs $36
- Billy has $20 → $20 < $36
✔ Answer: No, Billy
does not have enough money. She is short by:
$$
36 - 20 = 16
$$
So, she needs
$16 more.
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Problem 5:
Zoe wants to buy a brownie for him which costs $5.25. He only has 1 five dollar bill. How much more money does he need to buy that brownie?
Step 1: Zoe has $5.00
Step 2: Brownie costs $5.25
Find the difference:
$$
5.25 - 5.00 = 0.25
$$
✔ Answer: Zoe needs
$0.25 (25 cents) more.
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✔ Final Answers:
1.
$214
2.
Joy has more money
3.
$302
4.
No, she needs
$16 more
5.
$0.25 more
Let me know if you'd like this formatted as a printable answer sheet!
Parent Tip: Review the logic above to help your child master the concept of money problems worksheet.