Money Math

Word Problems with Multiplication and Division

Answer:

$250 x 12 = $3000

He will make $3000 in a year.

Answer:

14 x 35 = 490 cents or $4.90

Answer:

$5.28 ÷ 24 = $0.22 or 22 cents each

Answer:

88 ÷ 5.50 = 16

It will take her 16 weeks to save enough money.

Answer:

To figure the average we must total the cost of the shirts and the divide by the total number of shirts (which is three).

$18.45 + $22.18 + $28.97 = $69.60 total cost

$69.60 ÷ 3 = $23.20.

The average price that Benjamin paid for a shirt was $23.20.

Answer:

$2.90 x 15 = $43.50

Answer:

Figure out the per ounce price of the first jar:

$5.99 ÷ 23.96 ounces = .25 or 25 cents per ounce

Now, figure out the per ounce price of the other jar:

$3.00 ÷ 12.5 ounces = .24 or 24 cents per ounce

The second jar is a better deal because it is less money per ounce.

Answer:

First figure out the tip:

$38.00 x .2 = $7.60

Another way to figure this out is to move the decimal over one place and double the amount. This would be $3.80 x 2 which is $7.60.

Next, add the tip to the bill:

$38.00 + $7.60 = $45.60

Answer:

First figure out how much each bolt of cloth cost:

12 yards times $2.35 for each yard = 12 x $2.35 = $28.20 per bolt

Now multiply the bolt cost by the number of bolts purchased:

18 bolts x $28.20 = $507.60

Alice spent $507.60 total on cloth.

Answer:

First figure out how much money they made together in a year:

$435 x 12 = $5220

Divide the total up between the three friends:

$5220 ÷ 3 = $1740

Each friend made $1740.

Note: This information is not to be used for individual legal, tax, or investment advice. You should always contact a professional financial or tax advisor before making financial decisions.

Math >> Money and Finance