Chapter 3 Money Addition involving money 1, Method 1: First add the dollars, and then add the cents. Example: Find the sum of $3.45 and $7.85. $3.45 +57. $10.45 +55, $11.00 +308, $11.30 $3.45 + $7.85 = $11.30 2. Method 2: First add the cents, and then add the dollars. Example: Find the sum of $16.45 and $15.55. $16.45 +54, $17.00 +15, $32.00 $16.45 + $15.55 = $32.00 3. Method 3: Add dollars and cents in the same way as adding whole numbers. Example: Find the sum of $9.45 and $23.85. Sito las + $23.85 $33.30 $9.45 + $23.85 = $33.30 © Educational Publishing House Pe Lic 39CHAPTER 3 + Money Tyo BS ceo) a (a) What is $23.55 + $62.20? (b) What is $39.85 + $21.45? Solution: (a) $23.55 75%, $95.55 *20¢, $85.75 $23.55 + $62.20 = $85.75 (b) $39.85 +821, s60.85 +1. $61.00 +28, $61.30 $39.85 + $21.45 = $61.30 Meer acid) sacl Jack wants to buy a bag. He has $22.60. His father gives him another $60.50. He is still short of $16.80. How much does the bag cost? Solution: | Amount of money he has = $22.60 + $60.50 = $83.10 $83.10 + $16.80 = $99.90 The bag costs $99.90. a a || i a 6B S 40 (© Educational Publishing House Pte LidCHAPTER 3 » Money Subtraction involving money 1. Method 1: First subtract the dollars, and then subtract the cents. Example: Find the difference between $17.60 and $6.35. $17.60 8°. $11.60 —2*, $11.25 $17.60 - $6.35 = $11.25 2. Method 2: First subtract the cents, and then subtract the dollars. Example: Find the difference between $38.65 and $29.70. $38.65 —*, $38.00 —°* , $37.95 —*9, $8.95 $38.65 $29.70 = $8.95 3. Method 3: Subtract dollars and cents in the same way as subtracting whole numbers. Example: Find the difference between $23.85 and $11.95 $ 274."8 5 -$1195 $1 am) $23.85 - $11.95 = $11.90 © Feducational Publishing Howse Pe Lit aCHAPTER 3 + Money Worked Example 3 (a) What is $32.85 - $12.25? (b) What is $49.15 - $21.60? Solution: (a) $32.85 —5", $20.85 —“°¢, $20.60 $32.85 - $12.25 = $20.60 (by $49.15 —821, $28.15 —15¢, $28.00 —*, $27.55 $49.15 - $21.60 = $27.55 | Worked Example 4 Wayne bought a writing pad and a calculator from the bookshop. The calculator cost $26. He gave the cashier a $50 note and got _ back $19.50 change. How much did the writing pad cost? Solution: $50 ——————— $26 $19.50 calculator change ? Cost of the writing pad and the calculator $50 - $19.50 $30.50 | | | | | $30.50 - $26 = $4.50 The writing pad cost $4.50. a Boog a a8 a | © Fidcational Publishing House Pte LedCHAPTER 3 = Money cus Write your answers in the spaces provided. 1. Fillin the missing amount to make $1. (a) 45¢+___¢=$1 (b) 50¢+___¢=$1 () ——-.¢ 4. 65¢ =$1 (qd) —___¢+/>¢=$1 2. Fill in the missing amount to make $10. (a) $3.20*———=5 $4 "> $10 $3.20+$____=$10 ) +s tag $6.65 ———> $7 ———> $10 $6.65+$___=$10 () $8.75 *——£ g9 *$ — 519 $8.75+$__=$10 © Felucational Publishing House Pte Lid 43CHAPTER 3 + Money 3. Fill in the missing amount to make $100. (a) $14.80 *——$ $15 $= $20 $= $100 $14.80 + $ = $100 (b) $22.15 °———$ $23 *$== $30 “$= $100 $22.15 +$ = $100 (3) $47.55 $ag S—= $50 “2 $100 547.55 +5. = $100 4. Find the values of the following. (a) $20.30 + $11.25 ($33.65 + $28.25 (e) $30.55 + $14.75 (b) $15.60 + $31.40 (d) $21.95 + $9.95 (f) $51.95 + $22.85 © Educational Publishing House Pe LtdCHAPTER 3 » Money 5. Find the values of the following. (a) $15.45 - $5.45 (b) $21.65 - $14.55 (c) $61.75 - $43.60 (d) $45.20 - $13.80 (e) $71.30 - $29.95 (f) $80.05 - $32.65 6. Solve. Show your working clearly. (a) Tom bought a toy train for $30.85 and a toy car for $13.65. How much did he pay in all? (b) A chair costs $38.80. A table costs $54.50 more than the chair. How much does the table cost? © Educational Publishing House Pre Ld 45CHAPTER 3 + Money (©) A box of cheese tarts costs $12.80. A box of egg tarts costs $3.95 less than the cheese tarts. How much does the box of egg tarts cost? (d) Gary bought a wallet and a pair of shoes. The pair of shoes cost $63.70. It was $18.80 cheaper than the wallet. How much did the wallet cost? (e) Ryan bought a stationery set for $13.85 and had $37.45 left. How much money did he have at first? (© Educational Publishing Heuse Pte LidCHAPTER 3 + Money (f) Jane had 2 fifty-dollar notes. She bought a pair of jeans for $53.60. How much did she have left? Es Read the questions carefully. Choose the correct answer and write its number (1, 2, 3 or 4) in the brackets provided. 1. 35¢ and ______ make $1. What is the missing amount? (1) 55¢ (2) 65¢ (3) 75¢ (4) 85¢ ( ) 2. $7.40 and _ make $10. What is the missing amount? (1) $5.60 (2) $4.60 (3) $3.60 (4) $2.60 ( ) 3. $81.05 and___ make $100. What is the missing amount? (1) $19.95 (2) $19.50 (3) $18.95 (4) $18.50 ( ) © Educational Publishing House Pe Led a7CHAPTER 3 » Money $10.65 $37.65 $18.65 $96.15 $18.65 $22.65 $28.40 $48.70 ( ) c ) ( ) cee . A box of crayons costs $26.55. A box of coloured pencils costs $17.95. Find the total cost of the crayons and coloured pencils. $34.50 $44.50 Det rl) 4. $3.60+$750=____ What is the missing amount? (1) $10.10 (2) (3) $11.10 (4) 5. $57.25- = $38.90 What is the missing amount? (1) $18.35 (2) (3) $19.65 (4) 6. $26.05+ ___ = $44.70 Find the missing amount. (1) $17.65 Q) (3) $19.65 (4) 7, —______ + $10.30 = $57.65 - $8.95 (1) $18.70 (2) (3) $38.40 (4) 8, (1) $33.40 (2) (3) $43.50 (4) 48 ( ) (© Feducational Publishing House Pe LicCHAPTER 3 » Money 9. The diagram below shows some items sold in a shop. cy <> [s1870) T-shirt, Pair of slippers e S oer a\\) ( @) Ss (53550) (sa). Pair of shoes Belt Jason has $100. He does not have enough money to buy the and the (1) bag; T-shirt Q). pair of slippers; wallet (3) wallet; pair of shoes (4) pair of shoes; belt ( ) | Es Write your answers in the blanks provided. 1. 10 twenty-cent coins is the same as 49 © Felucational Pblishing House Phe idCHAPTER 3 + Money 2. The sum of $32.05 and $13.80 is 3. Find the difference between $28.95 and $12.50. 4. 6 five-cent coins, 4 fifty-cent coins and 3 two-dollar notes add up to $ 5. $25.45 is less than $42.85 - $11.60. $ 6. $85.25 is more than $32.65 + $12.30. $—___ LI Bon a © Fcaioa biting Howe entCHAPTER 3 + Money 7. A bag costs $39.90. How much do 2 bags cost? 8. A packet of biscuits costs $8.95. A packet of cookies costs $6.35 more than the packet of biscuits. How much does the packet of cookies cost? 9. Apen cost $2.30. Alice bought 3 such pens and had $10.50 left. How much did she have at first? 10. Elaine bought a necklace which cost $59.65. She gave the cashier 2 fifty-dollar notes. How much change did she receive? 11. Grace has 5 times as many ten-cent coins as fifty-cent coins. If she has 30 coins altogether, what is the total amount of money she has? © Feducational Publishing House Pe Lid 5CHAPTER 3 « Money Gare Solve the word problems. Show your working clearly. 41. James hought a pencil case for $8.90 and some stationery for $5.75. How much did he pay altogether? 2. Mindy hought a skirt for $16.95. She gave the cashier a fiftu- dollar note. How much change did she receive? 3. Inashop, a pair of jeans casts $67.40. A T-shirt is $38.20 cheaper than the pair of jeans. Find the cost of the T-shirt. 52 © Educat al Publishing House Pte LidCHAPTER 3 + Money 4. Wayne bought a cake for $5.60 and a loaf of bread for $1.60. (a) How much cheaper was the loaf of bread than the cake? (b) If he had $10 at first, how much did he have left after buying the cake and the loaf of bread? 5. Mrs Raj bought a fish for $14.30 and a chicken for $7.65. She had $6.25 left. (a) How much did the fish and chicken cost altogether? (b) How much did she have at first? 6. Ann bought a skirt for $23.90 and a pair of shoes for $65.50. (a) How much cheaper was the skirt than the pair of shoes? (b) How much did she pay altogether? © Educational Publishing House Pre Ld 53CHAPTER 3 + Money 7. Penny bought a dress which cost $11.50 and a skirt. She paid for the clothes with a fifty-dollar note. (a) If she was given $15.50 as change, how much did the skirt cost? (b) How much more did the skirt cost than the dress? 8. The diagram below shows some items sold in a shop. $69.95 $62.65 = Qa 33S $37.80 Belt Shirt Pair of jeans $54.50 $43.70 & © $51.25 Pair of sneakers Wallet Bag Jack has two fifty-dollar notes. He wants to buy 2 of the items above. How many different ways can he buy the items? S a. e © Fitcational Publishing House Pte Lid = a