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ID : my-4-Word-Problems-on-Money [1]

Grade 4
Word Problems on Money
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Choose correct answer(s) from the given choices

(1) Armand went on a picnic. He spent RM535.15 on the bus fare, RM417.20 on food, and RM471.31 on
shopping. If he had a RM2000 note with him, then how much amount is left with him now?
a. RM573.3 b. RM585.27
c. RM576.34 d. RM580.95

(2) Stella had RM71.50. Her father gave her RM93.50. How much money does she has now?
a. RM162 b. RM175
c. RM165 d. RM166

(3) Mr. Arnol bought a wire role, a keyboard, and a plier. The wire role and the keyboard cost RM183.32 and
RM96.12, respectively. If he paid RM364 for all the three items, how much did the plier cost?
a. RM77.12 b. RM84.56
c. RM97.56 d. RM85.32

(4) Priscilla earns RM90 per hour in a cafe. She wants to buy a dress for which she has to borrow RM430 from
her friend. If she worked for 7 hours, then find the cost of the dress.
a. RM1059 b. RM1060
c. RM1066 d. RM1063

(5) A hand wallet costs $30.69. It costs $4.29 more than a purse. How much does the purse cost?
a. $4.29 b. $26.40
c. $31.29 d. $31.40

Fill in the blanks

(6) If the cost of 1 kg of apples is RM88, the cost of 13 kg apples is RM .

Answer the questions

(7) A pair of shoes costs RM38.87. It costs RM8.21 more than a pair of slippers. How much does the pair of
slippers cost?
(8) A team won RM 7000 cash prize for participating in a group event. How much share will be received by each
member of the team if the cash prize is divided equally among all the 20 team members?
(9) Alisa has a RM500 note with her. How much more money does she need to buy a pair of shoes worth
RM780.25?
(10) If the cost of a watch is $10.44, then what will be the cost of 5 such watches?

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ID : my-4-Word-Problems-on-Money [2]

© 2020 Edugain (www.edugain.com). Many more such worksheets can be


All Rights Reserved generated at www.edugain.com

Grade 4
Word Problems on Money
For more such worksheets visit www.edugain.com
(1) c. RM576.34

Step 1
According to the question,
Money spent on the bus fare = RM535.15
Money spent on food = RM417.20
Money spent on shopping = RM471.31
Amount of money Armand had = RM2000

Step 2
Amount of money Armand spent = Amount of money spent on the bus fare + Amount of money spent on
food + Amount of money spent on shopping
= RM535.15 + RM417.20 + RM471.31
= RM1423.66

Step 3
Now, let us calculate the amount of money left with Armand.
Amount of money left = Amount of money Armand had − Amount of money Armand spent
= RM2000 − RM1423.66
= RM576.34

Step 4
Hence, the amount of money left with Armand is RM576.34.

Step 5
Therefore, option c is the correct answer.

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ID : my-4-Word-Problems-on-Money [3]
(2) c. RM165

Step 1
According to the question, Stella had RM71.50 and her father gave her RM93.50.
Here, we have to find the total amount Stella has.

Step 2
Let us draw a table of the given problem to understand it in a better way, i.e.,
RM71.50 RM93.50
?

Step 3
Here, we can see that we have to add the two values to get the result. So, let us add RM71.50 and
RM93.50.
RM71.50 + RM93.50 = RM165

Step 4
Hence, Stella has a total amount of RM165.

(3) b. RM84.56

Step 1
According to the question, Mr. Arnol bought a wire role, a keyboard, and a plier at different prices, for
which he paid a total amount of RM364.

Step 2
Let us draw a table to understand the situation in a better way:
Wire role Keyboard Plier
RM183.32 RM96.12 ?

Step 3
Here, we can notice that to find the cost of the plier, we need to subtract the cost of the wire role and the
keyboard from the total amount.

Step 4
Thus, we get:
The total cost of all the items = Cost of the wire role + Cost of the keyboard + Cost of the plier
or, RM364 = RM183.32 + RM96.12 + Cost of the plier
or, RM364 − RM183.32 − RM96.12 = Cost of the plier
or, RM84.56 = Cost of the plier

Step 5
Therefore, Mr. Arnol paid RM84.56 to buy the plier.

Step 6
Hence, option b is the correct answer.

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ID : my-4-Word-Problems-on-Money [4]
(4) b. RM1060

Step 1
Time for which Priscilla works in the cafe = 7 hours

Amount of money earned by Priscilla in 1 hour = RM90

Amount of money earned by Priscilla in 7 hours = RM90 × 7 = RM630

Step 2
Also, Priscilla borrows RM430 from her friend to buy the dress.
So, cost of the dress = Priscilla's earnings + Amount borrowed from her friend
= RM630 + RM430
= RM1060

Step 3
Thus, the cost of the dress is RM1060.

(5) b. $26.40

Step 1
According to the question, the cost of a hand wallet is $4.29 more than the cost of a purse and we have
to find the cost of the purse.

Step 2
Let us draw a table for the given problem to understand it in a better way.
Hand wallet
$30.69
Purse $4.29
?

Step 3
Here, we notice that the cost of the purse is $4.29 less than that of the hand wallet.
So, we need to subtract $4.29 from the cost of the hand wallet.

Step 4
Therefore, the cost of the purse = the cost of the hand wallet − $4.29
= $30.69 − 4.29
= $26.40

Step 5
Therefore, the cost of the purse is $26.40.

Step 6
Hence, option b is the correct answer.

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ID : my-4-Word-Problems-on-Money [5]

(6) 1144

Step 1
We are given that the cost of 1 kg of apples is RM88 and we have to find the cost of 13 kg apples.

Step 2
Cost of 13 kg apples = 13 × Cost of 1 kg apples
= 13 × RM88
= RM1144

Step 3
Therefore, the cost of 13 kg apples is RM1144.

(7) RM30.66

Step 1
According to the question, the cost of a pair of shoes is RM8.21 more than the cost of a pair of slippers
and we have to find the cost of the pair of slippers.

Step 2
Let us draw a table for the given problem to understand it in a better way.
Pair of shoes
RM38.87
Pair of slippers RM8.21
?

Step 3
Here, we notice that the cost of the pair of slippers is RM8.21 less than that of the pair of shoes.
So, we need to subtract RM8.21 from the cost of the pair of shoes.

Step 4
Therefore, cost of the pair of slippers = cost of the pair of shoes − RM8.21
= RM38.87 − RM8.21
= RM30.66

Step 5
Hence, the cost of the pair of slippers is RM30.66.

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ID : my-4-Word-Problems-on-Money [6]
(8) RM 350

Step 1
We are given that a team of 20 members won RM 7000 cash prize for participating in an event and we
need to calculate the share of each member in the team.

Step 2
The amount received by 20 members of the team = RM 7000
RM 7000
Share of each member of the team =
20
Dividend↴
Divisor→ 20 ) 7 0 0 0 ( 350 ←Quotient
6 0

1 0 0
1 0 0
0
0

Remainder← 0

Step 3
RM 7000
We see that = RM 350.
20
Hence, the share of each member of the team is RM 350.

(9) RM280.25

Step 1
According to the question, Alisa has RM500 with her and wants to buy a pair of shoes of RM780.25.

Step 2
Let us draw a table in order to understand it in a better way.
RM780.25
RM500 ?

Step 3
Here, we can notice that she requires a certain additional amount to buy the pair of shoes. So, in order
to calculate the additional amount, we need to subtract RM500 from RM780.25.
RM780.25 − RM500 = RM280.25

Step 4
Hence, Alisa requires an extra amount of RM280.25 to buy the pair of shoes.

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ID : my-4-Word-Problems-on-Money [7]
(10) 52 dollars and 20 cents

Step 1
It is given that the cost of a watch is $10.44. Here, we have to find the cost of 5 such watches.

Step 2
To find the cost of 5 watches, we have to multiply the cost of one watch by 5.
Therefore, the cost of 5 watches = 5 × cost of 1 watch
= 5 × $10.44
= $52.20

Step 3
$52.20 = 52 dollars and 20 cents

Step 4
Therefore, the cost of 5 watches is 52 dollars and 20 cents.

© 2020 Edugain (www.edugain.com). Many more such worksheets can be


All Rights Reserved generated at www.edugain.com

Copyright 2020 www.edugain.com

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