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Math Worksheets

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In these free math worksheets, students learn to solve money word problems.

There are four sets of money word problems worksheets:

Money Word Problems (quarters, dimes, nickels, & pennies)

Money Word Problems (dollar bills)

Money Word Problems (change for $1)

Money Word Problems (up to $100)

**How to money word problems?**

Answering money word problems involves breaking down the problem, identifying the key information, and using basic arithmetic to find the solution. Here’s a step-by-step guide on how to approach and answer money word problems:

- Read the Problem Carefully: Start by carefully reading the entire word problem. Understand the context and what is being asked.
- Identify the Given Information: Identify the information provided in the problem. Look for amounts of money, quantities of items, and any other numerical data.
- Determine the Unknown: Identify what the problem is asking you to find. Is it the total cost, change, remaining amount, or some other value?
- Translate Words into Math: Translate the given information and the unknown into mathematical expressions or equations. Use variables for unknowns if necessary.
- Choose the Appropriate Operation: Determine which mathematical operation (addition, subtraction, multiplication, or division) is needed to solve the problem based on the context.
- Perform the Calculation: Use the chosen operation to perform the calculation. Pay attention to units (e.g., dollars and cents) and ensure your answer makes sense in the context of the problem.
- Check Your Answer: After finding a solution, check if it makes sense in the context of the problem. Ensure your answer is reasonable and meets the conditions provided.
- Write a Clear and Concise Answer: Express your final answer clearly, using appropriate units. If the problem asks for an amount of money, represent it in dollars and cents.

Example:

Problem:

Mia bought a toy for $15. She paid with a $20 bill. How much change should Mia receive?
Solution:

Given Information: Mia spent $15, paid with a $20 bill.

Unknown: Amount of change Mia should receive.

Translate into Math: Change = Amount paid - Cost of the toy.

Choose Operation: Subtraction (20 - 15).

Perform Calculation:

20 − 15 = 5

Check Answer: The change is $5, which is reasonable given the cost of the toy and the amount paid.

Write Answer: Mia should receive $5 in change.

Have a look at this video if you need to review how to solve money word problems.

Click on the following worksheet to get a printable pdf document.

Scroll down the page for more **Money Word Problems Worksheets**.

**Printable**

(Answers on the second page.)

Money Word Problems Worksheet #1 (quarters, dimes, nickels, & pennies)

Money Word Problems Worksheet #2 (quarters, dimes, nickels, & pennies)

Money Word Problems Worksheet #3 (dollar bills)

Money Word Problems Worksheet #4 (dollar bills)

Money Word Problems Worksheet #5 (change for $1)

Money Word Problems Worksheet #6 (change for $1)

Money Word Problems Worksheet #7 (up to $100)

Money Word Problems Worksheet #8 (up to $100)

**Online**

Money Word Problems: +, −

Money Word Problems:+, −, × & ÷

Counting Pennies

Counting Nickels

Counting Dimes

Counting Quarters

Counting Half Dollars

Counting Nickels, Pennies

Counting Dimes, Pennies

Counting Dimes, Nickels, Pennies

Counting Quarters, Dimes, Nickels, Pennies

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