Math > Year 3

Using money in context

Money
Money is the means of paying for something or buying something [coins or notes].

 

Keywords for Addition



 

Keywords for Subtraction



 

Let’s learn this with the help of examples.

 

Addition:

Question: Jensen spent £200 on rent of the house, £80 on groceries, and £150 on bus fares. What is the total money spent by him? 

Amount of money spent on Rent = £200

Amount of money on grocery = £80

Amount of money spent on bus fares = £150

Here, the word “total” suggests to “add” the amounts.

Total money = £200 + £80 + £ 150

= £ 430

 

Subtraction:

Question: Macy wants to buy a toy car worth £27. She has a note for £50. How much change did she get from the shopkeeper after buying the toy car?

Explanation: Amount of money with Macy = £ 50

Amount of money she spent on toy car = £ 27

The keyword here is “change”.

Amount of money left = £ 50 - £ 27

= £ 23
 

Let’s try a question:

Question: Ava saved £55 in the month of January and £75 in the month of February. How much money was saved altogether in two months?

Answer:

Amount of money saved in the month of January = £55

Amount of money saved in the month of February = £75

The total amount of money saved =£55 + £75

= £130


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