financial · Year 3 · AC9M3N06
Working out change
Change is the money you get back after paying. Work it out by subtracting the price from the amount you handed over. If you pay with $10.00 for something that costs $6.50, the change is $10.00 − $6.50 = $3.50. Keep the dollars under the dollars and the cents under the cents so the 50 cents isn't missed. The change is always less than what you paid.
Sample questions
You pay with $10.00 for something that costs $9.37. How much change (in $) do you get?
- Change is the money handed over minus the price.
- $10.00 − $9.37 = $0.63.
Answer: 0.63
You pay with $10.00 for something that costs $9.01. How much change (in $) do you get?
- Change is the money handed over minus the price.
- $10.00 − $9.01 = $0.99.
Answer: 0.99
You pay with $10.00 for something that costs $8.66. How much change (in $) do you get?
- Change is the money handed over minus the price.
- $10.00 − $8.66 = $1.34.
Answer: 1.34