Estimation
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Finance
Word Problems
100

Round 256,302 to the nearest ten thousand.

260,000

100

9,856 + 3,964

13,820

100

8.56 + 2.79

11.35

100

Which of the following are purposes of a financial institution?  Select all that apply.

A. Loaning money to customers

B. Selling precious metals

C. Keeping your money safe

D. Printing money

A & C

100

A farmer has 592 cows, 286 chickens and 14 horses.  How many animals does he have in all?

892 animals

200

Round 5,697,412 to the nearest hundred.

5,697,400

200

25,631 - 18,777

6,854

200

219.5 - 6.87

212.63

200

Kelly makes and sells jewelry.  She spends $35.55 on supplies and earns $59.87 from selling her jewelry.  What is her profit?

$24.32

200

A carpenter cuts a board to the length of 8.95 feet.  He cuts a second board to a length of 10.04 feet.  How much longer is the second board than the first board?

1.09 feet

300

John reads for 265 minutes this week, and Jason reads for 315 minutes.  About how many minutes did the two boys read in all?

600 minutes (10 hours)
300

412,878 + 59,863

472,741

300

89.5 + 63.89 + 6.3

159.69

300

Paul bought a used car for $3,995.  He spent $525 on parts to repair it.  He sold it for $6750.  How much profit did he make?

$2,230

300

Molly went to the movies.  She spent $5.75 on a movie ticket, $6 on popcorn and $4.35 on a drink.  How much did she spend in all?

$16.10

400

Sam, Trent and Joey went fishing multiple times over the summer.  In all, Sam caught 36 fish, Trent caught 42 fish and Joey caught 19 fish.  About how many fish did they catch in all?

100 fish

400

740,512 - 89,577

650,935

400

96 + 4.87 + 2.9

103.77

400

Kelly spends $19.50 on cooking supplies.  She makes and sells 20 cupcakes for $3 each.  What is her profit?

$40.50

400

Cody walks 2.5 miles on Monday, 3.65 miles on Tuesday and 5.29 miles on Wednesday.  How many miles did he walk in all?

11.44 miles

500

A company sells cookies to customers.  On Monday, they sold 542 cookies.  On Tuesday, they sold 706 cookies.  On Wednesday, they sold 267 cookies.  On Thursday, they sold 455 cookies.  On Friday, they sold 623 cookies.  About how many cookies did they sell in all this week?

2,600 cookies

500

510,000 - 298,765

211,235

500

500 - 6.39

493.61

500

David buys a lamp from a garage sale for $4.  He spends $2.95 on decorations for the lamp and $8.25 on repairs.  He sells the lamp for $26.95.  What is his profit?

$11.75

500

Joe buys some snacks from the store.  He buys a bag of chips for $2.49 and 2 sodas for $2.35 each.  Joe gives the cashier a ten-dollar bill.  How much change does he receive back?

$2.81