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.
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
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?
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