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Money Estimation and Change

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Money Estimation and Change worksheet preview

Money Estimation and Change

Money and calculator illustration

🛒 Part 1: Estimating Total Costs

WALT: Estimate total costs to the nearest dollar

1. Round each price to the nearest dollar, then estimate the total cost:

Shopping List: Sandwich $4.85 + Juice $2.30 + Apple $1.60

Rounded prices: $_____ + $_____ + $_____ = $_____

2. Estimate the total cost for these items:

School supplies: Ruler $3.90 + Pencils $6.25 + Eraser $1.75

My estimate: $_____

3. Which estimate is most reasonable for items costing $7.40, $3.80, and $2.95?

$13

$14

$15

$16

4. Circle the items you could buy with $15 (estimate first):

Book $8.90 + Bookmark $2.40

Lunch $6.75 + Drink $3.20 + Snack $4.85

Toy $12.60 + Stickers $1.95

💰 Part 2: Calculating Change

WALT: Calculate change from the nearest ten-dollar amount

5. You buy items totalling approximately $7. You pay with $10. How much change?

Change = $_____

6. Complete the change calculations:

a) Estimated total: $13, Paid with: $20, Change: $_____

b) Estimated total: $6, Paid with: $10, Change: $_____

c) Estimated total: $18, Paid with: $20, Change: $_____

7. Sarah estimates her shopping will cost $16. What's the smallest note she should bring to have enough money?

$10

$20

$50

8. Show your working: Items cost $4.60, $3.85, and $2.40. Estimate the total, then calculate change from $20.

🧠 Part 3: Problem Solving

9. You have $25. After buying lunch for an estimated $12, how much do you have left for afternoon snacks?
10. Extension Challenge: Plan a $30 shopping trip. List 4-5 items with realistic prices, estimate your total, and calculate your change.

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