Elementary School Lessons

Word Problems Involving Money

• To add amounts of money, add the centavos first then the pesos. Regroup whenever needed.

• To subtract amounts of money, subtract the centavos first then the pesos. Regroup whenever needed.

• Whenever we subtract amounts of money, the difference is called change or money that is left.

Adding Amounts of Money

To add amounts of money, remember the following:

1. Make sure that the decimal points that separate the pesos from the centavos are all in one column.

2. Add the amounts just like the whole numbers.

3. Do not forget to write the correct symbol ( or ) and the decimal point in your answer.