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2nd Grade Math : Money

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Example Questions

Example Question #1 : Money

If I have dollar bills, nickels, and dimes, how much money do I have?

Possible Answers:

$\$3.30$

$\$3.35$

$\$3.60$

$\$3.55$

Correct answer:

$\$3.35$

Explanation:

Each dollar bill is worth $\$1$ , each nickel is worth $5\cent$ and each dime is worth $10\cent$ .

We have dollar bills, nickels, and dimes.

$\frac{\begin{array}[b]{r}\$1\\ \$1\\+\$1\end{array}}{ \ \ \space\$3}$ $\frac{\begin{array}[b]{r}5\cent\\5\cent\\ +\ 5\cent\end{array}}{ \ \ \space 15\cent}$ $\frac{\begin{array}[b]{r}10\cent\\ +\ 10\cent\end{array}}{ \ \ \ \space 20\cent}$

When we add dollars and cents, we add dollars to dollars and cents to cents.

$\frac{\begin{array}[b]{r}15\cent\\ +\ 20\cent\end{array}}{ \ \ \ \space 35\cent}$

We have $\$3$ and $35\cent$ which is written as $\$3.35$

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Example Question #2 : Money

If I have 2 quarters and 3 pennies, how many cents do I have?

Possible Answers:

$53\cent$

$23\cent$

$47\cent$

$34\cent$

Correct answer:

$53\cent$

Explanation:

Each quarter is worth $25\cent$ and each penny is worth $1\cent$ .

We have two quarters and three pennies.

$\frac{\begin{array}[b]{r}25\cent\\ +\ 25\cent\end{array}}{ \ \ \ \space 50\cent}$ $\frac{\begin{array}[b]{r}1\cent\\1\cent\\ +\ 1\cent\end{array}}{ \ \ \ \space 3\cent}$

$\frac{\begin{array}[b]{r}50\cent\\ +\ 3\cent\end{array}}{ \ \ \space 53\cent}$

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2nd Grade Math : Money

Study concepts, example questions & explanations for 2nd Grade Math

All 2nd Grade Math Resources

Example Questions

Example Question #1 : Money

Example Question #2 : Money

All 2nd Grade Math Resources

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