{"id":21665,"date":"2016-02-16T21:15:09","date_gmt":"2016-02-16T21:15:09","guid":{"rendered":"http:\/\/www.mometrix.com\/academy\/?page_id=21665"},"modified":"2026-03-28T11:12:46","modified_gmt":"2026-03-28T16:12:46","slug":"word-problems-with-money-for-kids","status":"publish","type":"page","link":"https:\/\/www.mometrix.com\/academy\/word-problems-with-money-for-kids\/","title":{"rendered":"How to Solve Word Problems Involving Money (for Kids)"},"content":{"rendered":"<h1>How to Solve Word Problems Involving Money (for KIDS)<\/h1>\n<div class=\"lyte-wrapper fourthree\" title=\"Word Problems with Money: For Kids\" style=\"width:420px;max-width:100%;margin:5px auto;\"><div class=\"lyMe\" id=\"WYL_Y8sn-VtqD7k\"><div id=\"lyte_Y8sn-VtqD7k\" data-src=\"https:\/\/www.mometrix.com\/academy\/wp-content\/plugins\/wp-youtube-lyte\/lyteCache.php?origThumbUrl=https%3A%2F%2Fi.ytimg.com%2Fvi%2FY8sn-VtqD7k%2Fhqdefault.jpg\" class=\"pL\"><div class=\"tC\"><div class=\"tT\">Word Problems with Money: For Kids<\/div><\/div><div class=\"play\"><\/div><div class=\"ctrl\"><div class=\"Lctrl\"><\/div><div class=\"Rctrl\"><\/div><\/div><\/div><noscript><a href=\"https:\/\/youtu.be\/Y8sn-VtqD7k\" rel=\"nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.mometrix.com\/academy\/wp-content\/plugins\/wp-youtube-lyte\/lyteCache.php?origThumbUrl=https%3A%2F%2Fi.ytimg.com%2Fvi%2FY8sn-VtqD7k%2F0.jpg\" alt=\"Word Problems with Money: For Kids\" width=\"420\" height=\"295\" \/><br \/>Watch this video on YouTube<\/a><\/noscript><\/div><\/div><div class=\"lL\" style=\"max-width:100%;width:420px;margin:5px auto;\"><\/div>\n<div class=\"accordion\"><input id=\"transcript\" type=\"checkbox\" class=\"spoiler_button\" \/><label for=\"transcript\">Transcript<\/label>\n<div class=\"spoiler\" id=\"transcript-spoiler\">\n<p>Hi and welcome to this video lesson about word problems involving money.<\/p>\n<p>You are all familiar with the dreaded supermarket question that pops up on almost every test, so let\u2019s tackle that once and for all.<\/p>\n<p>A supermarket advertises a special price of $3.00 for 5 oranges. The regular price is $2.50 for 4 oranges. Compare the unit prices of sale and regular-priced oranges.<\/p>\n<p>The problem wants us to find the two different prices for oranges and compare them, so let\u2019s get started. First, we have to find the individual price of the fruit. That simply means dividing some numbers. Divide $3 by 5 for the sale price and divide $2.50 by 4 to get the normal price.<\/p>\n<p>$0.60 for the sale price and $0.63 for the normal price (I rounded to the nearest cent).<\/p>\n<p>Now, that was pretty easy, let\u2019s try a practice problem.<\/p>\n<p>Sasha wants to get a new outfit for school. She spent $39 on 3 shirts and 1 skirt. If skirts cost $24, how much did Sasha spend on each shirt?<\/p>\n<p>This problem sounds scarier, but it\u2019s not, I promise. Let\u2019s start with what we know.<br \/>\nSasha spent a total of $39 on clothes.<br \/>\n$24 of that was on 1 skirt<br \/>\nSasha bought 3 shirts.<\/p>\n<p>Let\u2019s start by subtracting the $24 from the $39 she spent to find out how much she spent on shirts. Looks like $15. Now we also were told she bought 3 shirts. Now simply divide $15 by 3 shirts and you get $5 a shirt. Make sense?<\/p>\n<p>Here\u2019s one last problem, I\u2019ll give you a moment to pause and try to figure it out by yourself.<\/p>\n<p>T-shirts are sold in packages of multiple shirts. Three t-shirts are sold in one package for $8.00. Five t-shirts are sold in a second package for $12.00. Compare the price of a single t-shirt from the two packages.<\/p>\n<p>The answer:<\/p>\n<pre>   $8\/3 = $2.67     and     $12\/5 = $2.40<\/pre>\n<p>\nI hope that helps. Thanks for watching this video lesson, and until next time, happy studying.<\/p>\n<\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>How to Solve Word Problems Involving Money (for KIDS)<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":{"0":"post-21665","1":"page","2":"type-page","3":"status-publish","5":"page_category-math-advertising-group","6":"page_category-solving-equations-miscellaneous-videos","7":"page_type-video","8":"subject_matter-math"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.mometrix.com\/academy\/wp-json\/wp\/v2\/pages\/21665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mometrix.com\/academy\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.mometrix.com\/academy\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.mometrix.com\/academy\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mometrix.com\/academy\/wp-json\/wp\/v2\/comments?post=21665"}],"version-history":[{"count":2,"href":"https:\/\/www.mometrix.com\/academy\/wp-json\/wp\/v2\/pages\/21665\/revisions"}],"predecessor-version":[{"id":290915,"href":"https:\/\/www.mometrix.com\/academy\/wp-json\/wp\/v2\/pages\/21665\/revisions\/290915"}],"wp:attachment":[{"href":"https:\/\/www.mometrix.com\/academy\/wp-json\/wp\/v2\/media?parent=21665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}