Chapter 6 : Money

๐Ÿ’ฐ Let’s Learn About Money! ๐Ÿ’ฐ

Money helps us buy things like toys, food, and books. In the USA, we use coins and notes called dollars ($).

Let’s learn to recognize them!

๐Ÿช™ Coins and ๐Ÿ’ต Notes

Look at the pictures below. These are the coins and notes we use:

US Coins and Notes

Coins: 1ยข (Penny), 5ยข (Nickel), 10ยข (Dime), 25ยข (Quarter)

Notes: $1, $5, $10, $20

โœ… Solved Questions

Let’s practice identifying coins and notes!

1. Which coin is this?

1ยข Penny

Answer: This is a 1ยข Penny. It is brown and small.

2. Which note is this?

$1 Note

Answer: This is a $1 note. It is green and has George Washington’s picture.

3. What is the value of a Nickel?

Answer: A Nickel is worth 5ยข. It is silver and bigger than a penny.

4. Which coin is worth 25ยข?

Answer: The Quarter is worth 25ยข. It is the largest silver coin.

5. What color is a $5 note?

Answer: A $5 note is green and blue with Abraham Lincoln’s picture.

6. How many pennies make 10ยข?

Answer: 10 pennies make 10ยข.

7. Which note is worth $10?

Answer: The $10 note has Alexander Hamilton’s picture.

8. What is the smallest coin?

Answer: The 1ยข Penny is the smallest coin.

9. Which coin is silver and worth 10ยข?

Answer: The Dime is silver and worth 10ยข.

10. What is the value of a Quarter?

Answer: A Quarter is worth 25ยข.

11. Which note is worth $20?

Answer: The $20 note has Andrew Jackson’s picture.

12. How many Nickels make $1?

Answer: 20 Nickels make $1.

๐Ÿ“ Practice Exercise

Try these questions on your own!

1. Which coin is worth 1ยข?

2. What is the color of a $1 note?

3. Which note has George Washington’s picture?

4. How many Dimes make $1?

5. Which coin is the largest?

6. What is the value of a Nickel?

7. Which note is worth $5?

8. How many Quarters make $1?

9. What is the color of a $10 note?

10. Which coin is brown?

11. What is the value of a Dime?

12. Which note is worth $20?

๐Ÿ”‘ Solutions for Practice Exercise

  1. 1ยข Penny
  2. Green
  3. $1 note
  4. 10 Dimes
  5. Quarter
  6. 5ยข
  7. $5 note
  8. 4 Quarters
  9. Green and orange
  10. 1ยข Penny
  11. 10ยข
  12. $20 note

๐Ÿ’ฐ Let’s Learn About Money! ๐Ÿ’ฐ

Money helps us buy things like toys, food, and books. Today, we will learn how to add money using dollars ($) and cents (ยข).

Different types of money: $1, $2, 50ยข, 25ยข, 10ยข, 5ยข, 1ยข

โœ… Solved Examples

Let’s add money together! Look at the pictures and numbers.

Example 1: Adding $1 and 50ยข

$1 + 50ยข = $1.50

$1 + 50ยข = $1.50

Explanation: $1 is the same as 100ยข. Adding 50ยข to 100ยข gives us 150ยข, which is $1.50.

Example 2: Adding 75ยข and 25ยข

75ยข + 25ยข = 100ยข

Explanation: 75ยข + 25ยข = 100ยข, which is the same as $1.

Example 3: Adding $2 and $1

$2 + $1 = $3

Explanation: Adding $2 and $1 gives us $3.

Example 4: Adding 25ยข and 25ยข

25ยข + 25ยข = 50ยข

Explanation: 25ยข + 25ยข = 50ยข.

Example 5: Adding $1 and 25ยข

$1 + 25ยข = $1.25

Explanation: $1 is 100ยข. Adding 25ยข to 100ยข gives us 125ยข, which is $1.25.

Example 6: Adding 10ยข and 5ยข

10ยข + 5ยข = 15ยข

Explanation: 10ยข + 5ยข = 15ยข.

Example 7: Adding $1 and 10ยข

$1 + 10ยข = $1.10

Explanation: $1 is 100ยข. Adding 10ยข to 100ยข gives us 110ยข, which is $1.10.

Example 8: Adding $2 and 50ยข

$2 + 50ยข = $2.50

Explanation: $2 is 200ยข. Adding 50ยข to 200ยข gives us 250ยข, which is $2.50.

Example 9: Adding 50ยข and 50ยข

50ยข + 50ยข = 100ยข

Explanation: 50ยข + 50ยข = 100ยข, which is the same as $1.

Example 10: Adding $1 and 75ยข

$1 + 75ยข = $1.75

Explanation: $1 is 100ยข. Adding 75ยข to 100ยข gives us 175ยข, which is $1.75.

Example 11: Adding 5ยข and 5ยข

5ยข + 5ยข = 10ยข

Explanation: 5ยข + 5ยข = 10ยข.

Example 12: Adding $1 and $1

$1 + $1 = $2

Explanation: Adding $1 and $1 gives us $2.

๐Ÿ“ Practice Exercise

Now, it’s your turn! Solve these questions.

1. $1 + 25ยข = ?

2. 50ยข + 50ยข = ?

3. $2 + 25ยข = ?

4. 10ยข + 10ยข = ?

5. $1 + 10ยข = ?

6. 25ยข + 25ยข = ?

7. $1 + 5ยข = ?

8. $2 + 75ยข = ?

9. 5ยข + 10ยข = ?

10. $1 + 1ยข = ?

11. 75ยข + 25ยข = ?

12. $1 + $2 = ?

๐Ÿ”‘ Solutions

Check your answers below!

1. $1 + 25ยข = $1.25

2. 50ยข + 50ยข = 100ยข

3. $2 + 25ยข = $2.25

4. 10ยข + 10ยข = 20ยข

5. $1 + 10ยข = $1.10

6. 25ยข + 25ยข = 50ยข

7. $1 + 5ยข = $1.05

8. $2 + 75ยข = $2.75

9. 5ยข + 10ยข = 15ยข

10. $1 + 1ยข = $1.01

11. 75ยข + 25ยข = 100ยข

12. $1 + $2 = $3

๐Ÿ›’ Let’s Learn How to Buy Small Items! ๐Ÿ›’

When we buy things, we use money. Today, we will learn how to buy small items using dollars ($) and cents (ยข).

โœ… Solved Examples

Let’s see how much money we need to buy these items!

Example 1: Buying a Candy for $1

A child buying a candy for $1

Item: Candy

Price: $1

Explanation: You need a $1 bill to buy the candy.

Example 2: Buying a Toy Car for $2

A child buying a toy car for $2

Item: Toy Car

Price: $2

Explanation: You need a $2 bill to buy the toy car.

Example 3: Buying an Ice Cream for 50ยข

A child buying an ice cream for 50 cents

Item: Ice Cream

Price: 50ยข

Explanation: You need two 25ยข coins to buy the ice cream.

Example 4: Buying a Pencil for 75ยข

A child buying a pencil for 75 cents

Item: Pencil

Price: 75ยข

Explanation: You need three 25ยข coins to buy the pencil.

Example 5: Buying a Ball for $1.25

Item: Ball

Price: $1.25

Explanation: You need a $1 bill and a 25ยข coin to buy the ball.

Example 6: Buying a Notebook for $1.50

Item: Notebook

Price: $1.50

Explanation: You need a $1 bill, two 25ยข coins, or a $1 bill and a 50ยข coin to buy the notebook.

Example 7: Buying a Sticker for 10ยข

Item: Sticker

Price: 10ยข

Explanation: You need a 10ยข coin to buy the sticker.

Example 8: Buying a Book for $3

Item: Book

Price: $3

Explanation: You need a $2 bill and a $1 bill to buy the book.

Example 9: Buying a Cookie for 25ยข

Item: Cookie

Price: 25ยข

Explanation: You need one 25ยข coin to buy the cookie.

Example 10: Buying a Juice Box for $1.10

Item: Juice Box

Price: $1.10

Explanation: You need a $1 bill and a 10ยข coin to buy the juice box.

Example 11: Buying a Rubber for 5ยข

Item: Rubber

Price: 5ยข

Explanation: You need a 5ยข coin to buy the rubber.

Example 12: Buying a Small Toy for $1.75

Item: Small Toy

Price: $1.75

Explanation: You need a $1 bill, two 25ยข coins, and two 10ยข coins to buy the small toy.

๐Ÿ“ Practice Exercise

Now, let’s practice! How much money do you need to buy these items?

1. What do you need to buy a lollipop for 25ยข?

2. What do you need to buy a coloring book for $2?

3. What do you need to buy a chocolate bar for $1.50?

4. What do you need to buy a balloon for 10ยข?

5. What do you need to buy a crayon for 50ยข?

6. What do you need to buy a yo-yo for $1.25?

7. What do you need to buy a bubble gum for 5ยข?

8. What do you need to buy a comic book for $3?

9. What do you need to buy a pack of cards for $2.50?

10. What do you need to buy a teddy bear for $1?

11. What do you need to buy a slice of pizza for $1.75?

12. What do you need to buy a kite for $2.25?

๐Ÿ”‘ Solutions

Check your answers below!

1. You need one 25ยข coin to buy the lollipop.

2. You need a $2 bill to buy the coloring book.

3. You need a $1 bill and two 25ยข coins to buy the chocolate bar.

4. You need a 10ยข coin to buy the balloon.

5. You need two 25ยข coins to buy the crayon.

6. You need a $1 bill and a 25ยข coin to buy the yo-yo.

7. You need a 5ยข coin to buy the bubble gum.

8. You need a $2 bill and a $1 bill to buy the comic book.

9. You need a $2 bill and a 50ยข coin to buy the pack of cards.

10. You need a $1 bill to buy the teddy bear.

11. You need a $1 bill, two 25ยข coins, and two 10ยข coins to buy the slice of pizza.

12. You need a $2 bill and a 25ยข coin to buy the kite.