﻿ Money Worksheet | Problems & Solutions Money Worksheet

Money Worksheet
• Page 1
1.
How many dollars are there in 800 quarters? a. 200 b. 175 c. 250 d. 225

Solution:

4 Quarters = 1 dollar

800 Quarters = 800 / 4dollars = 200 dollars

So, 200 dollars are equivalent to 800 quarters.

2.
Harry has $40, Rosy has$ 50 and Gracy has $60. How many pennies do they have in all? a. 15000 pennies b. 14500 pennies c. 14900 pennies d. 15500 pennies Solution: 1 dollar = 100 pennies Harry has$ 40 = 40 × 1 dollar = 40 × 100 pennies = 4000 pennies.

Rosy has $50 = 50 × 1 dollar = 50 × 100 pennies = 5000 pennies. Gracy has$ 60 = 60 × 1 dollar = 60 × 100 pennies = 6000 pennies.

So, the total number of pennies they all have = Number of pennies Harry has + Number of pennies rosy has + Number of pennies gracy has.

= 4000 + 5000 + 6000 = 15000 pennies.

3.
How many cents make 200 quarters? a. 500 cents b. 5000 cents c. 500000 cents d. 50000 cents

Solution:

1 quarter = 25 cents
[Conversion factor.]

Since the conversion is from a larger unit to a smaller unit, the operation would be to multiply with the conversion factor.

200 quarters = 200 × 25 cents = 5000 cents

4.
Joel has 400 pennies with him. How many chocolates can he buy with the pennies he has, if each chocolate costs $1? a. 7 chocolates b. 6 chocolates c. 5 chocolate d. 4 chocolates Solution: 100 pennies = 1 dollar 400 pennies = 400 / 100dollars =$ 4

So, Joel can buy 4 chocolates.

5.
Write the relation between a penny and a nickel. a. 5 nickels = 1 penny b. 100 nickels = 1 penny c. 1 nickel = 5 pennies d. 100 pennies = 1 nickel

Solution:

5 pennies = 1 nickel

6.
1 penny = 1 cent. Is the statement right? a. No b. Yes

Solution:

1 Penny = 1 cent

So, the given statement is right.

7.
How many nickels make a dollar? a. 10 b. 30 c. 20 d. 50

Solution:

1 nickel = 5 cents

$1 = 100 cents = 20 × 5 cents So,$1 = 20 nickels

8.
Identify the one that correctly compares a penny and a dollar, and a dollar and a quarter. a. 1 penny > 1 dollar & 1 dollar < 1 quarter b. 1 penny = 1 dollar & 1 dollar = 1 quarter c. 1 penny < 1 dollar & 1 dollar > 1 quarter d. None of these

Solution:

100 pennies = 1 dollar. So, penny '<' dollar

1 dollar = 4 quarters. So, 1 dollar'>' 1quarter

9.
How many cents do 640 dimes make? a. 64 b. 6400 c. 640 d. 640000

Solution:

1 dime = 10 cents

640 dimes = 640 × 1 dime = 640 × 10 cents

= 6400 cents

So, 6400 cents make 640 dimes.

10.
Fill in the blank.
36 nickels = _____ dimes a. 72 b. 18 c. 19 d. 36

Solution:

2 Nickels = 1 dime

36 Nickels = 36 / 2dimes = 18 dimes