Making change is an important skill that helps us understand how money works. When you buy something and give the cashier more money than the item costs, you get some money back. This returned money is called "change." To figure out the correct change, we subtract the item's price from the amount of money you gave the cashier. Let's practice with some fun activities!
For example, if you buy a toy for $3 and give the cashier $5, the change you should receive is $2 because $5 - $3 = $2. This worksheet will guide you through different scenarios to practice calculating change.
Match the term with its correct definition:
| Term | Definition |
|---|---|
| 1. Change | a. The value of coins and bills. |
| 2. Price | b. To find the difference between two numbers. |
| 3. Money | c. The amount you pay for something. |
| 4. Subtract | d. The money you get back after paying for something. |
| 5. Calculate | e. To determine an amount using math. |
Answers:
Read the paragraph and fill in the missing words:
When you buy something, the amount you pay is the _____. If you give the cashier more _____ than the item costs, you will receive _____. To find the change, you must _____ the price of the item from the amount you gave the cashier. This helps ensure you get the correct amount _____.
Word Bank: money, subtract, price, back, change
Answers:
Imagine you want to buy a toy car that costs $7. You have a $10 bill. Explain how you would calculate the change you should receive.
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