Grade 5 · Math · Unit 12 of 12
Money & Budgets
Change, budgets and saving goals
What your child practises
Making change for purchases up to $1000, counting bills and coins, estimating whether there is enough money, and building simple budgets and savings plans.
BC Curriculum learning standard: Financial literacy — monetary calculations, including making change with amounts to 1000 dollars and developing simple financial plans
Sample questions
A taste of this unit. In the app, questions change every time and get easier or harder to match your child.
Question 1
Priya made this plan for the month. How many dollars are left to save?
Priya's monthly plan Item Amount Money earned $210 Movie ticket $45 Bus fare $60 Gift for a friend $87 answer boxdollars
Show answer
18 dollars
Hint: Add up all the spending. Then subtract that total from the money earned.
Question 2
A soccer ball costs $69.95. Leo pays with $100. How much change, in dollars, should Leo get?
answer box
Show answer
30.05
Hint: Count up from the price: first to the next dollar, then to the next ten dollars, then to the amount paid. Add up the jumps.
Question 3
A comic book costs $8.20. You pay with a $20 bill. Show the change.
Show answer
$11.80
Hint: Count up from the price with coins: reach the next quarter or dollar first, then use bigger coins and bills to reach the amount paid.
Question 4
Amir saves $23 each week for a art set that costs $299. How many weeks will it take?
answer boxweeks
Show answer
13 weeks
Hint: Find how many groups of $23 make $299: divide, or count up week by week.
Question 5
Amir earns $21 a week and spends $12 a week on snacks. The rest is saved. How many weeks will it take Amir to save $63?
answer boxweeks
Show answer
7 weeks
Hint: Step 1: find how much is saved each week (earned − spent). Step 2: find how many weeks of saving reach the goal.
Question 6
Jay has $50 and wants to buy items costing $15.10, $13.43 and $15.88. Is that enough money?
- No, the total is about $44.
- No, the total is about $54.
- Yes, the total is about $34.
- Yes, the total is about $44.
Show answer
Yes, the total is about $44.
Hint: Round each price to the nearest dollar and add the rounded prices. Then compare the estimate with the money you have.