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Money Calculations and Change

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Money Calculations and Change

Money Calculations and Change

New Zealand money and calculator

💰 Part 1: Adding Money Amounts

1. Calculate the total cost for each shopping list:

a) Chocolate bar: $3.50, Drink: $2.25

Total cost: $ __________

b) Sandwich: $6.75, Apple: $1.20, Juice: $3.80

Total cost: $ __________

c) Magazine: $8.95, Pen: $2.50, Notebook: $4.25

Total cost: $ __________

🔄 Part 2: Calculating Change

2. Work out the change for each purchase:

a) Items cost $12.75, customer pays with $20.00

Change: $ __________

b) Items cost $8.40, customer pays with $10.00

Change: $ __________

c) Items cost $15.85, customer pays with $50.00

Change: $ __________

🛒 Part 3: Real-World Shopping Problems

3. Sarah goes to the dairy with $25.00. She buys:

• Milk: $4.20

• Bread: $3.50

• Ice cream: $6.80

• Chips: $2.95

a) What is the total cost of her items? $ __________

b) How much change will she receive? $ __________

4. Tom wants to buy a game for $18.50 and a drink for $3.25. He has $20.00. Does he have enough money?

Yes, he has enough

No, he needs more money

Show your working:

🎯 Part 4: Estimation and Problem Solving

5. Estimate first, then calculate the exact answer:

Shopping list: Burger $7.95, Fries $4.25, Drink $2.80

a) Round each price to the nearest dollar and estimate the total:

Burger: $ _____ Fries: $ _____ Drink: $ _____

Estimated total: $ __________

b) Calculate the exact total:

Exact total: $ __________

c) If you pay with $20.00, estimate your change: $ __________

d) Calculate the exact change: $ __________

6. Which strategies help you check if your money calculations are reasonable? (Check all that apply)

Round prices to the nearest dollar

Add the dollars first, then the cents

Check if your change plus the cost equals the amount paid

Use a calculator to double-check

💡 Part 5: Challenge Problems

7. At the school canteen, these items are on sale:

• Pie: $4.50

• Sausage roll: $3.20

• Muffin: $2.80

• Juice: $2.50

• Water: $1.75

a) What is the most expensive combination of 3 items you can buy?

Items: _________________ Total: $ __________

b) If you have exactly $10.00, find two different combinations of items you could buy (use all or most of your money):

Combination 1: _________________

Cost: $ __________ Change: $ __________

Combination 2: _________________

Cost: $ __________ Change: $ __________

8. Explain in your own words how you would teach someone to calculate change:

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