Money Calculation Challenge

Name:

Date:

💰 Part 1: Multi-Step Money Problems

1. Sarah buys a pencil for $2.45, an eraser for $1.80, and a ruler for $3.25. What is the total cost of all three items? Show your working.

Total cost: $ _______

2. Tom has these coins and notes: $5 note, $2 coin, $1 coin, 50c, 20c, 20c, 10c, 5c. Group them to make addition easier, then calculate the total amount.

Notes grouped: ________________

Coins grouped: ________________

Total amount: $ _______

3. At the school canteen, Jake buys a sandwich for $4.50 and a drink for $2.25. He pays with a $10 note. How much change should he receive?

Change: $ _______

4. Emma collected money from three different sources: $12.75 from her piggy bank, $8.40 from her birthday, and $15.85 from pocket money. What is her total amount?

Total: $ _______

🧮 Part 2: Word Problems & Comparisons

5. Compare these two shopping totals. Circle the cheaper option and calculate the difference.

Shop A: Apples $3.60 + Bread $2.85 + Milk $4.20 = $ _______

Shop B: Apples $3.45 + Bread $3.10 + Milk $3.95 = $ _______

The cheaper shop is: _______ Difference: $ _______

6. Write a number sentence to solve this problem: "Ben has $25.50. He spends $8.75 on a book and $12.30 on a game. How much money does he have left?"

Number sentence: _________________________________

Answer: $ _______

7. Challenge: Find three different ways to make exactly $7.85 using Australian coins and notes. Use at least 4 different denominations in each way.

Way 1: _________________________________

Way 2: _________________________________

Way 3: _________________________________

🎯 Part 3: Advanced Challenge

8. Sophie is saving for a bike that costs $89.50. She has saved $34.75 so far. Her grandmother gives her $15.25, and she earns $12.80 from chores. Does she have enough money for the bike? Show all calculations.

Total saved: $ _______

Enough money? _______ If not, how much more needed? $ _______

9. At a fundraising stall, these items were sold:

• 8 cupcakes at $2.50 each

• 12 drinks at $1.75 each

• 5 sandwiches at $4.25 each

Calculate the total money raised from each item, then find the grand total.

Cupcakes total: $ _______

Drinks total: $ _______

Sandwiches total: $ _______

Grand total: $ _______

10. Extension Challenge: Create your own money word problem involving at least 3 purchases and requiring change calculation. Then solve it!