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YEAR 3 · MONEY AND PROBLEM SOLVING · 12 MIN

Modelling purchases

Choose addition, multiplication or subtraction to plan purchases and check change.

In this lesson

Before you start
  • Dollars and cents; addition and subtraction
01 / LEARN

Understand the idea.

Make a small purchase plan

Start a purchase plan by listing what is bought and the price of each item. Add prices for different items. For several items at the same price, multiplication counts the equal groups.

Use cents for every amount before calculating: one dollar and twenty cents is 120 cents. An estimate is a useful check. Three items at about half a dollar each should cost about one and a half dollars.

A school stall price list for the examples
ItemPrice
Bookmark50 cents
Pencil85 cents
Eraser40 cents

Check the money and change

Compare the total cost with the money available. If the cost is greater, the money cannot pay for the whole plan. If the cost is equal, you can pay exactly and receive no change.

When you pay more than the cost, the change is the difference. Subtract the cost from the amount paid. Then add cost and change to check that they rebuild the payment.

02 / WORKED EXAMPLES

See the method in action.

EXAMPLE 01

Several identical items

Buy 3 bookmarks at 50 cents each. Pay with 2 dollars. What change should you receive?

Worked solution

  1. 1

    Find the cost of three bookmarks.

    3×50=150 cents

    Each bookmark has the same 50-cent price.

  2. 2

    Write the payment in cents.

    2 dollars=200 cents

    Cost and payment must use the same unit.

  3. 3

    Subtract the cost.

    200−150=50 cents

    The payment is enough, and the difference is the change.

  4. 4

    Check the change.

    150+50=200 cents

    The cost and returned money must equal the amount paid.

Answer

50 cents change.

EXAMPLE 02

Different items

A pencil costs 85 cents and an eraser costs 40 cents. Find the total and the change from 2 dollars.

Worked solution

  1. 1

    Add the two prices.

    85+40=125 cents

    Buying one of each item means joining both costs.

  2. 2

    Name the total in dollars and cents.

    125 cents=1 dollar 25 cents

    100 cents form one whole dollar.

  3. 3

    Subtract from the payment.

    200−125=75 cents

    Two dollars pay the 125-cent cost and leave this change.

  4. 4

    Check the payment.

    125+75=200 cents

    Cost plus change returns to the original two dollars.

Answer

Total 1 dollar 25 cents; change 75 cents.

03 / YOUR TURN

Try it yourself.

Check your understanding

Two items cost 60 cents each. Are 2 dollars enough? What change remains?

Show answer & reasoning

Yes; 80 cents change.

Two items cost 2×60=120 cents. Two dollars are 200 cents, which is enough. The change is 200−120=80 cents.

Keep practising

6 worksheet questions

Read the questions online
  1. A sticker costs 20 cents. What do 4 stickers cost?
  2. A notepad costs 1 dollar 20 cents. A pencil costs 50 cents. Find the total.
  3. A bookmark costs 75 cents. Find the change from 1 dollar.
  4. Two folders cost 1 dollar each. Can 1 dollar 80 cents pay for both?
  5. A child buys an 80-cent pen and a 35-cent eraser. They pay 2 dollars and receive 85 cents change. Check the change.
  6. You have 2 dollars. Cards cost 60 cents each. What is the greatest number you can buy, and what money remains?
Read the worked solutions
  1. A sticker costs 20 cents. What do 4 stickers cost?

    4×20=80.

    80 cents.
  2. A notepad costs 1 dollar 20 cents. A pencil costs 50 cents. Find the total.

    120+50=170 cents.

    1 dollar 70 cents.
  3. A bookmark costs 75 cents. Find the change from 1 dollar.

    100−75=25 cents.

    25 cents.
  4. Two folders cost 1 dollar each. Can 1 dollar 80 cents pay for both?

    Both cost 200 cents. 200−180=20 cents.

    No; it is 20 cents short.
  5. A child buys an 80-cent pen and a 35-cent eraser. They pay 2 dollars and receive 85 cents change. Check the change.

    80+35=115 cents; 115+85=200 cents.

    It is correct.
  6. You have 2 dollars. Cards cost 60 cents each. What is the greatest number you can buy, and what money remains?

    3×60=180 cents; 200−180=20. Four cost 240 cents, which is too much.

    3 cards, with 20 cents remaining.
Checking saved progress…
Curriculum reference & lesson scope

Australian Curriculum v9 and SA Curriculum Mathematics

Dollars/cents; equivalent amounts; modelling purchases; needs/wants; class enterprise and others' wellbeing.

Official curriculum source ↗

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