Learn Canadian currency: pennies, nickels, dimes, quarters, loonies, and toonies.
1. You buy a candy bar that costs 65¢. You give the cashier 1 loonie. How much change should you get back?
Show your work:
Amount given: _________
Cost of item: _________
Calculation: ___________
Answer: _____________
Amount given: 1 loonie = $1.00 = 100¢
Cost of item: 65¢
Calculation: 100¢ - 65¢ = 35¢
Answer: You should get back 35¢ in change.
Canadian Change: The money returned when you pay more than the cost of an item
Change = Amount Paid - Cost of Item
2. You buy a juice box for 85¢ and a cookie for 40¢. You give the cashier 2 loonies. How much change should you get back?
Show your work:
Cost of juice box: _________
Cost of cookie: _________
Total cost: ___________
Amount given: _________
Calculation: ___________
Answer: _____________
Cost of juice box: 85¢
Cost of cookie: 40¢
Total cost: 85¢ + 40¢ = 125¢ = $1.25
Amount given: 2 loonies = $2.00
Calculation: $2.00 - $1.25 = $0.75 = 75¢
Answer: You should get back 75¢ in change.
Canadian Total Cost: The sum of all individual item prices
• Add up all item costs to find total
• Then subtract total from amount given
3. Show two different ways to make 90¢ using Canadian coins: quarters, dimes, nickels, and pennies.
Way 1: _________ quarters, _________ dimes, _________ nickels, _________ pennies
Way 2: _________ quarters, _________ dimes, _________ nickels, _________ pennies
Bonus: Which way uses the fewest coins?
Way 1: 3 quarters, 1 dime, 1 nickel (75¢ + 10¢ + 5¢ = 90¢)
Way 2: 2 quarters, 4 dimes, 0 nickels (50¢ + 40¢ = 90¢)
Bonus: Way 2 uses the fewest coins (6 coins)
Canadian Coin Combinations: Different sets of coins that add up to the same amount
Same amount can be made with different coin combinations
4. Sarah has 3 loonies and 25 cents. She wants to buy a book that costs $2.75. Does she have enough money? If yes, how much change will she get?
Show your work:
Sarah's money: _________
Cost of book: _________
Is it enough? _________
Calculation: ___________
Answer: _____________
Sarah's money: 3 loonies + 25¢ = $3.00 + $0.25 = $3.25
Cost of book: $2.75
Is it enough? Yes, because $3.25 > $2.75
Calculation: $3.25 - $2.75 = $0.50 = 50¢
Answer: Yes, she has enough money. She will get 50¢ in change.
Canadian Comparison: Compare total money with cost to determine if purchase is possible
If Total Money ≥ Cost, then purchase is possible
5. Tom has 4 quarters, 6 dimes, 8 nickels, and 12 pennies. He wants to buy a toy that costs $2.25. Does he have enough money? If yes, how much change will he get?
Show your work:
Quarters value: _________
Dimes value: _________
Nickels value: _________
Pennies value: _________
Total money: ___________
Cost of toy: _________
Answer: _____________
Quarters value: 4 × 25¢ = 100¢ = $1.00
Dimes value: 6 × 10¢ = 60¢
Nickels value: 8 × 5¢ = 40¢
Pennies value: 12 × 1¢ = 12¢
Total money: $1.00 + 60¢ + 40¢ + 12¢ = $2.12
Cost of toy: $2.25
Answer: No, he does not have enough money. He needs $2.25 - $2.12 = 13¢ more.
Canadian Currency Conversion: Calculate total value of different coin types
Calculate value of each coin type separately, then add together
6. A customer pays 5 loonies for an item that costs $3.65. What is the most efficient way to give the change using the fewest coins possible? Include loonies and coins.
Show your work:
Calculation: ___________
Most efficient way: ___________
Answer: _____________
Calculation: $5.00 - $3.65 = $1.35
Most efficient way: 1 loonie + 1 quarter + 1 dime = $1.00 + 25¢ + 10¢ = $1.35
Answer: The most efficient way is 1 loonie + 1 quarter + 1 dime (3 total coins).
Canadian Efficiency: Using the fewest coins/bills possible to make change
Always start with the largest denomination first
7. Scenario A: Buy a pen for 95¢ with 1 loonie. Scenario B: Buy a notebook for $2.35 with 3 loonies. Which scenario gives more change? How much more?
Show your work:
Scenario A calculation: ___________
Scenario B calculation: ___________
Comparison: ___________
Answer: _____________
Scenario A: 1 loonie - 95¢ = $1.00 - 95¢ = 5¢
Scenario B: 3 loonies - $2.35 = $3.00 - $2.35 = 65¢
Comparison: 65¢ - 5¢ = 60¢
Answer: Scenario B gives more change. It gives 60¢ more than Scenario A.
Canadian Comparison: Calculating and comparing different change amounts
Calculate each scenario separately, then compare the results