#### How do you solve word problems that involve money? When you are working on word problems, a lot of concentration and focus is required, especially word problems that involve. Many students find it difficult to deal with such word problems. Money word problems are not much different from the common word problems. In fact, they are more or less the same. However, if you want to make it easier for you, follow a few tips and tricks will help you find the easiest way to approach these word problems. Read the problem thoroughly and mark words that hint towards 'money' in the problem. Translate the problem into an equation containing variables. Find the values of the variables with the help of the equation. Break down the problem into smaller steps to find the solution. Identify some of the keywords. They can be a signal to finding which operation you are required to do. Follow the direction of the word problem. Solve the equations. In the end, the most important thing about these word problems is to interpret the answer in after you have solved it. The above steps are not much different from common word problems, except you need to identify the equations and solve for the variables.

Here are a couple of tips that we suggest students do whenever they are confronting a word problem. Start by reading the entire problem. List any variables or units that you come across when reading the problem. You will need to make sure that your answer accommodates those variables or units. Look for keywords that tell you what operations to perform. Addition usually includes the words- sum, increase, total, and combined. Subtraction usually includes the words- less/fewer than, reduced, difference, and decreased. Keywords for multiplication includes- product, of, times, and multiplies. Division is often indicated by the words- per, out of, ratio of, and quotient. These worksheets explain how to calculating the totals of purchases, allowances, making change, etc. Questions are in the form of word problems.