Change from $10.00 after spending $6.35
Show answer
$3.65
Free printable worksheet
Money Word Problems Worksheet
Twelve practical money problems involving totals, change, multiplication, and sharing.
Elementary MathGrades 2-54 pagesAnswer key included
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What this worksheet includes
- Twelve practical money problems involving totals, change, multiplication, and sharing.
- 4-page printable PDF with a complete answer key
- Designed for Grades 2-5 elementary math practice
- Available as an immediate free download with no email required
How to use it
Use this money word problems worksheet for guided practice, independent review, homework, tutoring sessions, or a quick skills check. The spacious layout is designed to leave room for students to show their work rather than guess from crowded answer choices.
After students finish, compare their reasoning with the included answer key. When an answer is incorrect, have the student locate the first step where their work changed direction before trying the problem again.
Who this practice is for
This resource is designed for grades 2-5 students working on elementary math. Teachers, tutors, homeschool families, and parents can preview the first page before deciding whether the level and spacing fit the student.
Looking for a broader sequence? Browse all Elementary Math worksheets.
Topic guide
How to approach money word problems
Money problems combine decimal computation with decisions about purchases, totals, change, and comparisons. Organize the quantities before selecting an operation.
Write amounts with two decimal places and align decimal points when adding or subtracting. Estimate first so an unreasonable total is easy to notice.
Learning objectives
- Add and subtract money amounts
- Find totals and change
- Choose operations from context
Skills to review first
- Decimal place value
- Addition and subtraction
- Dollar and cent notation
Worked example
Follow the reasoning step by step
A notebook costs $3.75 and pens cost $2.40. What is the total?
- Identify that the purchases must be combined.
- Align decimal points: 3.75 + 2.40.
- Add hundredths, tenths, and ones.
- Write the answer with a dollar sign and two decimal places.
Solution: $6.15.
Try before downloading
Three sample problems
Work each problem, then open the answer to check your result.
Three items cost $1.25 each.
Show answer
$3.75
$4.50 plus $2.89
Show answer
$7.39
Error check
Common mistakes to watch for
- Aligning digits instead of decimal points
- Subtracting a price from the wrong amount
- Reporting dollars without two decimal places