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Instructions

Get ready to become a money master! To subtract money, follow these simple steps:

  1. Line it up: Write the problem down, making sure to line up the decimal points. The bigger number always goes on top.
  2. Subtract from the right: Start subtracting the cents on the far right, just like you would with regular numbers.
  3. Borrow if you need to: If the top digit is smaller than the bottom digit, you'll need to borrow from the number to its left.
  4. Don't forget the symbols: Make sure your final answer has a dollar sign ($) and a decimal point in the correct place!

Part 1: Money Math

Solve the following subtraction problems. Show your work!

1.  $12.85
  -  $4.50
  ----------


2.  $25.50
  -  $9.75
  ----------


3.  $50.00
  - $14.25
  ----------


4.  $72.45
  - $38.80
  ----------


5.  $104.15
  -  $57.68
  -----------



Part 2: Word Problem Challenge

Read each problem carefully and write your answer on the line.

6. You go to the store with a $20.00 bill. You buy a bag of snacks that costs $11.55. How much change should you get back?

Answer: ____________________

7. A brand new video game costs $64.99. You have $48.50 saved in your piggy bank. How much more money do you need to save to buy the game?

Answer: ____________________

8. A bicycle that normally costs $150.00 is on sale for $125.75. How much money do you save if you buy it on sale?

Answer: ____________________






Answer Key

Part 1: Money Math

  1. $8.35
  2. $15.75
  3. $35.75
  4. $33.65
  5. $46.47

Part 2: Word Problem Challenge

  1. $8.45
  2. $16.49
  3. $24.25
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