Word Problems on Multiplying Money

Read the questions given in the word problems on multiplying money. We need to understand the statement and multiply the amount of money as ordinary numbers with two digit numbers.

1. Max buys 25 books at the rate of $ 252.55 per book. How much did he spend?

Solution:

Cost of one book = $ 252.55

Number of books Max bought = 25

Total amount of money he spent = $ 252.55 × 25 = $ 6313.75

2. Brad earns $ 125 per hour. He works 8 hours a day. How much does he earn each day?

Solution:

Amount of money Brad earns per hour = $ 125

Number of hours he works a day = 8

Total amount of money he earns each day = $ 125 × 8 = $ 1000

3. Sharon income is $ 6250 per month. How much does she earn per year?

Solution:

Amount of money Sharon’s income per month = $ 6250

Number of months in a year = 12

Total amount of money she earns per year = $ 6250 × 12 = $ 75000

4. Maria buys 15 sarees. Each saree cost $ 525.50 How much does she spend?

Solution:

Cost of a saree = $ 525.50

Number of sarees Maria bought = 15

Total amount of money she spend = $ 525.50 × 15 = $ 7882.50

$Word Problems on Multiplying Money$

5. Peter bought 3 kg apples and 5 kg oranges. If the cost of 1 kg of apples is $ 98.00 and 1 kg of oranges is $ 54.00. How much money did Peter pay to the shopkeeper?

Solution:

Cost of 1 kg of apples = $98.00

Cost of 3 kg of apples = $98.00 × 3 = $294.00

Cost of 1 kg of oranges = $54.00

Cost of 5 kg of oranges = $54.00 × 5 = $270.00

Total money paid by Peter = $294.00 + $270.00 = $564.00

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