Questions: Money Word Problems

5 questions to test your understanding

Score: 0 / 5
Question 1 Multiple Choice

Maya has $0.75. She earns $0.40 doing chores. How much does she have now? Which operation should you use?

ASubtraction — she used effort to earn the money, so some is spent
BAddition — money is coming in, so the total increases
CMultiplication — she might do chores multiple times
DDivision — the earnings should be split between savings and spending
Question 2 Multiple Choice

Tom has $1.00. He buys a sticker for $0.35 and a bookmark for $0.40. A student writes $1.00 + $0.35 + $0.40 = $1.75 and says Tom now has $1.75. What error did the student make?

AUsed the wrong operation — Tom is spending money, so the costs should be subtracted from his starting amount, not added
BAdded the numbers in the wrong order
CMade an arithmetic mistake (the correct sum is $1.65, not $1.75)
DForgot to include the $1.00 starting amount
Question 3 True / False

If you start a money word problem with $2.00 and the story says you spent some money, but your answer comes out to $2.50, something has gone wrong.

TTrue
FFalse
Question 4 True / False

The words 'earns,' 'receives,' and 'gets' in a money word problem usually signal that you should subtract.

TTrue
FFalse
Question 5 Short Answer

What two questions should you ask before doing any calculation in a money word problem, and why do they help?

Think about your answer, then reveal below.