IXL | Multi-step word problems with money: addition and subtraction only

Donald's mom gave him $10.00 to buy milk at the store. He bought a gallon of milk for $5.29. On his way home, Donald found $0.50 on the sidewalk and picked it up. How much money did Donald have when he got home?

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question

Daniel's checking account balance is $398.35. He writes a check for $125.00 to donate to his favorite public radio station. Then, he withdraws $80.00 in cash to buy tickets to a concert.

How much money remains in Daniel's account?

key idea

The amount of money in an account is the

balance.

Making a deposit adds money to the account balance.

Making a withdrawal subtracts money from the account balance.

solution

Step 1: Find how much money is in Daniel's account after he writes the check.

Daniel's checking account balance is $398.35. He writes a check for $125.00. Writing a check withdraws money from his account. Subtract.

398.35

–

125.00

273.35

Daniel has $273.35 remaining in his account.

Step 2: Find how much money is in Daniel's account after he withdraws the cash.

Then, he withdraws $80.00 in cash. Subtract.

273.35

–

80.00

193.35

Daniel has $193.35 remaining in his account.

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$Confetti$

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Teacher tools

Work it out

Not feeling ready yet? These can help:

AA.4Add and subtract money amounts

DD.1Two-step addition and subtraction word problems

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