Price lists with addition and subtraction

Learning Objectives Read and interpret a price list to find the cost of individual items. Calculate the total cost of multiple items by adding their prices. Calculate the change received after a purchase by subtracting the total cost from the amount paid. Compare the prices of two items by finding the difference. Solve one-step and two-step word problems involving money using a price list. Correctly align decimal points when adding and subtracting money values. Have you ever saved up your money to buy a few things at the toy store or snack shop? 🧸 Let's learn how to make sure you have enough money! In this lesson, we will learn how to use a price list to add up the cost of items and subtract to find out how much change you should get back. This is a very important ski...

TermDefinitionExample Price ListA list that shows different items and how much each one costs.A menu at a cafe is a price list. It might say: Juice Box - $1.25, Muffin - $2.50, Apple - $0.75. Total CostThe full amount you have to pay when you buy more than one item. You find it by adding the prices of all the items together.If you buy a Juice Box ($1.25) and an Apple ($0.75), the total cost is $1.25 + $0.75 = $2.00. ChangeThe money you get back from the cashier when you pay with more money than the total cost.If your total cost is $2.00 and you pay with a $5.00 bill, your change is $5.00 - $2.00 = $3.00. SumThe answer you get when you add numbers together.The sum of $3.10 and $4.50 is $7.60. DifferenceThe answer you get when you subtract one number from another. It tells you how much more...

Calculating Total Cost Total Cost = Price_{Item 1} + Price_{Item 2} + ... To find the total cost of everything you want to buy, you add the price of each item together. Always line up the decimal points before adding. Calculating Change Change = Amount Paid - Total Cost To find the amount of change you should get back, you subtract the total cost of your items from the amount of money you give the cashier. Finding the Price Difference Difference = Higher Price - Lower Price To find out how much more one item costs than another, you subtract the lower price from the higher price.