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Understanding Money Worksheet

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Understanding Money Worksheet worksheet preview

Understanding Money Worksheet

💰 Part 1: Identifying New Zealand Money

1. Circle the correct value for each New Zealand coin or note:

Gold coin (smallest):

$1

$2

50c

2. Put these New Zealand denominations in order from smallest to largest value:

$20 note, $1 coin, $5 note, $2 coin, $10 note

3. Fill in the blanks with the correct amounts:

a) Three $2 coins = $ ________

b) Two $5 notes = $ ________

c) One $20 note and one $10 note = $ ________

d) Four $1 coins and one $2 coin = $ ________

🧮 Part 2: Money Calculations

4. Calculate the total cost for these Market Day items:

a) Bracelet $3 + Friendship card $2 = $ ________

b) Bookmark $4 + Keyring $5 = $ ________

c) Pencil case $8 + Stickers $3 = $ ________

5. Work out the change for each purchase:

a) Item costs $6, paid with $10. Change = $ ________

b) Item costs $4, paid with $5. Change = $ ________

c) Item costs $12, paid with $20. Change = $ ________

6. Circle the correct answer:

If you buy 3 items that cost $4 each, what is the total cost?

$7

$12

$16

📝 Part 3: Money Word Problems

7. Sarah wants to buy a notebook for $7 and a pen for $3. She has a $10 note and a $5 note. Does she have enough money? How much change will she receive?
8. At Market Day, James sold 2 keyrings for $6 each. How much money did he make altogether? Show your working.

Total money made: $ ________

9. Explain in your own words: Why is it important to know how to calculate change when buying and selling items?

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