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Shopping and Money Word Problems

Real-life questions about buying, change, sales and saving, like the ones in tests. Read the story, work it out and type the amount.

Packs of stickers cost £1 each. How many packs can Leo buy with £3?

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packs

Money facts

£1 = 100p

Altogether means add the prices.

Change = the money you pay − the price.

Several the same = the price of one × how many.

Sharing a cost equally: divide by how many people.

Better value: compare the price of one.

10% is a tenth: divide by 10. 25% is a quarter: divide by 4.

Exchange rate: multiply by how much one is worth.

Profit = the money you take − the money you spend.

Questions and answers

How do you solve money word problems?

Find what is being bought and what is paid, then decide: add for a total, take away for change or money left, multiply for several of the same, divide to share. A bar model helps: draw the whole amount and split it into the parts.

How do you work out change?

Take the price away from the money paid. For a £3.70 book paid with a £10 note: £10 − £3.70 = £6.30. You can also count up from the price: £3.70 + 30p = £4, then £4 + £6 = £10, so the change is £6.30.

How do you find which pack is better value?

Work out the price of one item in each pack by dividing the price by how many are in it, then compare. 4 yoghurts for £2 is 50p each, 6 for £2.70 is 45p each, so the pack of 6 is better value.

How do you find a sale price after a percentage off?

Find the percentage of the price, then take it away. For 20% off £40: 10% of £40 is £4, so 20% is £8, and the sale price is £40 − £8 = £32. Working backwards, if £32 is 80% of the old price, then 10% is £4 and 100% is £40.