Name: Solving Money Word Problems Worksheet
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In the classroom

Teaching tips & learning objectives

Have students show their addition or subtraction work for each problem, then check their totals against the answer key
Use problem 5 (comparing Mark's and Steve's totals) as a discussion example for multi-step word problems. Keep this coin skip-counting chart nearby when students add coin amounts.

Money addition — students add coin and dollar-and-cent amounts to find a total.
Money subtraction — students subtract to determine change owed from a purchase.
Multi-step comparison — students calculate two totals separately, then subtract to compare them.

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Curriculum

2.MD.A.8 — Solve word problems involving dollar bills, quarters, dimes, nickels, and pennies, using $ and ¢ symbols appropriately. Example: If you have 2 dimes and 3 pennies, how many cents do you have?
2.OA.A.1 — Use addition and subtraction within 100 to solve one- and two-step word problems involving situations of adding to, taking from, putting together, taking apart, and comparing, with unknowns in all positions, e.g., by using drawings and equations with a symbol for the unknown number to represent the problem. 1
3.OA.D.8 — Solve two-step word problems using the four operations. Represent these problems using equations with a letter standing for the unknown quantity. Assess the reasonableness of answers using mental computation and estimation strategies including rounding.3