Making Change Worksheets Canadian Money in Grade 2

Comprehensive Canadian money worksheets on making change: counting money, calculating change, coin combinations, and word problems with detailed solutions.

Canadian Money Making Change - Part A
Canadian Money Overview

Learn Canadian currency: pennies, nickels, dimes, quarters, loonies, and toonies.

1 Basic Canadian Change
Canadian Money Problem 1
Name: ________________ Date: ___________

1. You buy a candy bar that costs 75¢. You give the cashier 1 loonie. How much change should you get back?

Show your work:
Amount given: _________
Cost of item: _________
Calculation: ___________
Answer: _____________
Solution:

Amount given: 1 loonie = $1.00 = 100¢

Cost of item: 75¢

Calculation: 100¢ - 75¢ = 25¢

Answer: You should get back 25¢ in change.

Key Concept:

Canadian Change: The money returned when you pay more than the cost of an item

Rule:

Change = Amount Paid - Cost of Item

2 Canadian Multiple Items
Canadian Money Problem 2
Name: ________________ Date: ___________

2. You buy a juice box for 80¢ and a cookie for 45¢. 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: _____________
Solution:

Cost of juice box: 80¢

Cost of cookie: 45¢

Total cost: 80¢ + 45¢ = 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.

Key Concept:

Canadian Total Cost: The sum of all individual item prices

Rules:

• Add up all item costs to find total

• Then subtract total from amount given

3 Canadian Coin Combinations
Canadian Money Problem 3
Name: ________________ Date: ___________

3. Show three different ways to make 85¢ using Canadian coins: quarters, dimes, nickels, and pennies.

Way 1: _________ quarters, _________ dimes, _________ nickels, _________ pennies
Way 2: _________ quarters, _________ dimes, _________ nickels, _________ pennies
Way 3: _________ quarters, _________ dimes, _________ nickels, _________ pennies

Bonus: Which way uses the fewest coins?
Solution:

Way 1: 3 quarters, 1 dime (75¢ + 10¢ = 85¢)

Way 2: 2 quarters, 3 dimes, 1 nickel (50¢ + 30¢ + 5¢ = 85¢)

Way 3: 1 quarter, 6 dimes (25¢ + 60¢ = 85¢)

Bonus: Way 1 uses the fewest coins (4 coins)

Key Concept:

Canadian Coin Combinations: Different sets of coins that add up to the same amount

Rule:

Same amount can be made with different coin combinations

Canadian Money Making Change - Part B
4 Canadian Word Problems
Canadian Money Problem 4
Name: ________________ Date: ___________

4. Sarah has 3 loonies and 35 cents. She wants to buy a book that costs $2.85. 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: _____________
Solution:

Sarah's money: 3 loonies + 35¢ = $3.00 + $0.35 = $3.35

Cost of book: $2.85

Is it enough? Yes, because $3.35 > $2.85

Calculation: $3.35 - $2.85 = $0.50 = 50¢

Answer: Yes, she has enough money. She will get 50¢ in change.

Key Concept:

Canadian Comparison: Compare total money with cost to determine if purchase is possible

Rule:

If Total Money ≥ Cost, then purchase is possible

5 Canadian Mixed Currency
Canadian Money Problem 5
Name: ________________ Date: ___________

5. Tom has 5 quarters, 7 dimes, 9 nickels, and 15 pennies. He wants to buy a toy that costs $3.00. 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: _____________
Solution:

Quarters value: 5 × 25¢ = 125¢ = $1.25

Dimes value: 7 × 10¢ = 70¢

Nickels value: 9 × 5¢ = 45¢

Pennies value: 15 × 1¢ = 15¢

Total money: $1.25 + 70¢ + 45¢ + 15¢ = $2.55

Cost of toy: $3.00

Answer: No, he does not have enough money. He needs $3.00 - $2.55 = 45¢ more.

Key Concept:

Canadian Currency Conversion: Calculate total value of different coin types

Rule:

Calculate value of each coin type separately, then add together

Canadian Money Making Change - Part C
6 Canadian Efficient Change
Canadian Money Problem 6
Name: ________________ Date: ___________

6. A customer pays 10 loonies for an item that costs $7.45. 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: _____________
Solution:

Calculation: $10.00 - $7.45 = $2.55

Most efficient way: 2 loonies + 2 quarters + 1 nickel = $2.00 + 50¢ + 5¢ = $2.55

Answer: The most efficient way is 2 loonies + 2 quarters + 1 nickel (4 total coins).

Key Concept:

Canadian Efficiency: Using the fewest coins/bills possible to make change

Rule:

Always start with the largest denomination first

7 Canadian Multiple Scenarios
Canadian Money Problem 7
Name: ________________ Date: ___________

7. Scenario A: Buy a pen for 95¢ with 1 loonie. Scenario B: Buy a notebook for $2.75 with 5 loonies. Which scenario gives more change? How much more?

Show your work:
Scenario A calculation: ___________
Scenario B calculation: ___________
Comparison: ___________
Answer: _____________
Solution:

Scenario A: 1 loonie - 95¢ = $1.00 - 95¢ = 5¢

Scenario B: 5 loonies - $2.75 = $5.00 - $2.75 = $2.25 = 225¢

Comparison: 225¢ - 5¢ = 220¢ = $2.20

Answer: Scenario B gives more change. It gives $2.20 more than Scenario A.

Key Concept:

Canadian Comparison: Calculating and comparing different change amounts

Rule:

Calculate each scenario separately, then compare the results

Canadian Money Making Change: Complete Summary

This comprehensive guide covers everything you need to know about making change with Canadian money in 2nd grade math.

Canadian Money Values

• Penny = 1 cent = $0.01

• Nickel = 5 cents = $0.05

• Dime = 10 cents = $0.10

• Quarter = 25 cents = $0.25

• Loonie = $1.00

• Toonie = $2.00

• 100 cents = $1.00

Key Formulas

• Change = Amount Paid - Cost

• Total Cost = Sum of all item prices

• Total Money = Sum of all coin values

• $1.00 = 100¢

Problem Steps

1. Read the problem carefully

2. Identify what you know

3. Determine what you need to find

4. Plan your calculation

5. Solve the problem

6. Check your answer

Common Mistakes

• Confusing coin values

• Forgetting to convert dollars to cents

• Subtraction errors

• Not checking if money is sufficient

• Miscounting change combinations

Making Change Strategies:
  1. Counting Up Method: Start at the cost and count up to the amount paid
  2. Subtraction Method: Amount paid minus cost equals change
  3. Use Largest Coins First: Always start with the biggest denominations
  4. Check Your Work: Add change back to cost to verify
Tip 1: Practice counting by 5s, 10s, and 25s regularly.
Tip 2: Use real Canadian coins at home to practice making different amounts.
Tip 3: Draw circles with coin values to represent physical coins.
Tip 4: Always verify your change calculation by adding it back.
Real-world connection: Canadian money making change skills apply to shopping, banking, and budgeting.
Mathematical foundation: Builds number sense and arithmetic skills.
🪙 + 💰 = 🇨🇦
Canadian Money Fun Fact

Questions & Answers

Question: I'm confused about Canadian money making change. When I buy something that costs 85 cents and I pay with 1 loonie, why do I get 15 cents back? Shouldn't I get 25 cents?

Answer: Great question! Let me explain the math clearly:

  • You paid: 1 loonie = $1.00 = 100 cents
  • Item cost: 85 cents
  • Change: 100 cents - 85 cents = 15 cents

Think of it this way: if something costs 85 cents and you give 100 cents, you're giving 15 cents more than needed. That extra 15 cents comes back to you as change.

The confusion might come from thinking about quarters: 1 loonie is 4 quarters, and 85 cents is 3 quarters plus 1 dime. So you'd get back 1 quarter minus 1 dime = 15 cents.

Always remember: Change = Money Given - Cost of Item

Question: My child struggles with Canadian money coin identification. How can I help them memorize which coin is worth what?

Answer: Here are effective strategies to help your child learn Canadian money coin values:

  • Physical Practice: Use real Canadian coins for hands-on learning
  • Mnemonic Devices: "Loonie = $1.00", "Toonie = $2.00", "Quarter = 25 cents"
  • Size Doesn't Matter: Remind that a penny is smallest but worth 1 cent, while a nickel is bigger but only worth 5 cents
  • Visual Association: Point out unique features: maple leaf designs, loon on loonie, polar bear on toonie
  • Regular Practice: Daily counting exercises with different coin combinations

Create games like "Guess the Coin" where you describe the value and let them identify the coin. Also, practice at stores when possible!

Question: What's the best method for teaching children to make change with Canadian money - subtraction or counting up?

Answer: Both methods have their place, but for young learners, I recommend starting with the counting up method:

  • Counting Up: More intuitive for children, especially when the numbers are close together
  • Example: For 1 loonie - 85¢, count up: 85¢ → 90¢ (5¢) → 100¢ (10¢ more) = 15¢
  • Subtraction: More abstract, but important for building computational skills

I suggest introducing counting up first, then gradually incorporating subtraction once the concept is solid. Some children may prefer one method over the other, so offering both options is beneficial.

The key is ensuring they understand the relationship between the cost, payment, and change regardless of the method used.