Algebra: Word Problems Involving Money
Set your problem up as you normally would, but BE CAREFUL: • If you're given an answer in dollar amount ($) you must adjust your variables according to their dollar amount.
• If you're given an answer for just the number of coins or bills in total, you would solve as usual.
Example 1: Two bags contain the same number of dimes and nickels. The sum of money in the two bags combined is $2.85. How many nickels and dimes are there?
+ = $2.85
# of dimes? # of nickels?
Example 2: A man has dimes and quarters worth $9.50 If he has 10 more quarters than dimes, how many quarters and dimes does he have? **Example 3: James has 40 coins, all quarters and dimes. If the sum of all his coins has a value of $5.50, how many quarters and how many dimes does he have?
Money Problems: Day 2. Key Question
• Set up two columns for your variables, one for the # of coins/ bills & one for the $ value.
Key Question
Jacob has $30.00 in his piggy bank made up of nickels, dimes, quarters, and loonies. He has an equal amount of quarters and nickels. He has twice as many dimes as quarters, and has ten more loonies than dimes. How many of each coin does Jacob have in his account?
A box contains 35 coins, all nickles and dimes worth $2.90. How many dimes and nickels are in the box?
Ticket Sales: Solve with a group.
The JRHS Actor's Studio is selling tickets to their production, "Snow". • They sell 225 tickets in total, made up of children and adults tickets.
• The total revenue (money) earned is $2025.00
• Each children's ticket costs $5.50
• Each adult ticket costs $10.75
How many of each adult and children's tickets did they sell?