Add and subtract money: word problems
Key Notes :
🪙 Understand the Money Format
- Money is written in rupees and paise.
- Example: ₹45.75 (45 rupees and 75 paise)
- 💡 Always line up decimal points when adding or subtracting.
🧠 Identify What the Question Asks
Look for keywords:
- Add ➡️ total, altogether, in all, combined
- Subtract ➡️ left, remaining, how much more, difference
🕵️♂️ Read carefully before solving!
➕ Add Money When Finding Total
When the question asks for total cost, amount spent, or amount collected, add the values.
Example:
- Pencil: ₹10.50
- Eraser: ₹5.25
- Total = ₹15.75 🎉
➖ Subtract Money to Find Difference
Use subtraction when finding change, balance, how much is left, or how much more is needed.
Example:
- You have ₹50
- Item costs ₹38.75
- Change = ₹11.25 🪙✨
🧮 Align Decimals Before Solving
- Write amounts one below the other with the decimal point in the same place.
- Helps avoid mistakes! 🎯
🔁 Convert Paise if Needed
Sometimes easier to convert:
- ₹1 = 100 paise
- Example: ₹4.75 = 475 paise
Convert back after solving. 🔄
📘 Use Step-by-Step Method
- Read the problem. 👀
- Identify operation (add/subtract). 🔍
- Write amounts properly. ✏️
- Solve. 🧮
- Write final answer with ₹ symbol. ✔️
🎨 Check Your Answer
- Does the answer make sense?
- Bigger number – smaller number = positive value
- Double-check calculation! ✔️😃
🛒 Common Word Problem Situations
- Shopping bills 🛍️
- Getting change 💵
- Saving money in a piggy bank 🐷
- Comparing item prices 📊
🌟 Practice Makes You a Money Master!
The more word problems you try, the better you become at handling money in real life! 💰🏆😄
Learn with an example
1) A pink bead costs ₹8. A purple bead costs ₹7.
How much more does a pink bead cost than a purple bead?
₹____
Subtract the numbers:
₹8 – ₹7 = ₹1
The pink bead costs ₹1 more.
2) An orange balloon usually costs ₹5. Today it is on sale for ₹3. If Kyle buys a balloon today.
How much will he save?
₹____
Subtract the numbers:
₹5 – ₹3 =₹2
Kyle will save ₹2 today on the purchase of the balloon.
3) Diana and Jessica took a trip to the beach. Diana bought a seashell that cost ₹9.00 and Jessica bought a seashell that cost ₹7.00.
How much more did Diana pay?
₹______
Subtract the numbers in each column. Write the decimal point in the answer.
₹9.00 – ₹7.00 = ₹2.00
Diana spent ₹2.00 more than Jessica.
Let’s practice!🖊️

