The Cash Back Crunch
Worksheet Description
The worksheet is a hands-on activity designed to teach students how to calculate change from cash transactions. Each section of the worksheet shows an item of food with a price tag and a certain amount of money that represents how much is given to pay for the item. Students must determine how much change should be returned from the initial amount after purchasing the item at the given price. The worksheet requires students to perform subtraction operations to find the difference between the cost of the item and the amount of money provided.
The worksheet aims to teach students the essential life skill of making change, a fundamental part of everyday monetary transactions. It emphasizes the practical application of subtraction in the context of buying and selling. This exercise helps students develop their mental math capabilities and understand the value of different denominations of money. By completing these tasks, students are also enhancing their financial literacy, preparing them for real-world experiences of handling money, budgeting, and shopping.