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.

Feb3

Subtracting Amounts of Money

To subtract amounts of money, remember the following:

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

2. Subtract amounts of money just like whole numbers.

3. Write or with the decimal point in the final answer.