Financial Word Problems
Ages 9–13Difficulty adapts to you
Financial Word Problems
Financial word problems combine money skills with addition, subtraction, multiplication, and division to solve real situations.
Your goals
- ✓You can solve real-life money problems.
- ✓You can use cost, discount correctly.
- ✓You can write the currency symbol and check whether the answer fits the situation.
Words to know
- cost:
- The amount paid for something.
- discount:
- An amount taken off the original price.
Examples
- 1"3 friends share a £24 pizza bill equally. How much each?" → £24 ÷ 3 = £8 each.
- 2"A shirt costs £15. It is on sale for 20% off. New price?" → 20% of £15 = £3. New price = £12.
Check these
- • Do not mix different currency units without converting them.
- • Keep every number, symbol, label, and unit in its correct place.
- • Show enough working to check how you reached your answer.
Helpful habits
- • Read the whole question before choosing what to do.
- • Show one clear step at a time and check each step.
- • If you are stuck, draw a model, try smaller numbers, or revisit the example.
Now try your own
Create your own financial word problems example, solve it, and explain how you checked it.
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