This grade 2 money worksheet answer key solves all 24 problems of the money: dollars and coins worksheet step by step.
This answer key shows every step for the 24 money problems. Count aloud with the students, check each total by adding a second way, and notice when an answer needs the cent sign or the dollar sign. Use the pictures to talk about running totals.
Grade 2 Money Worksheet Answer Key: problems 1–5
Problem 1: Coin values
A penny is 1¢. A nickel is 5¢. A dime is 10¢. A quarter is 25¢.
Problem 2: Nickels and pennies
Count the nickels: 5, 10, 15. Then add the pennies: 16, 17, 18, 19. Check: \(15 + 4 = 19\).
The total is 19¢.
Problem 3: Dimes and pennies
Skip count the dimes: 10, 20, 30, 40. Add the pennies: 41, 42. Check: \(40 + 2 = 42\).
The total is 42¢.
Problem 4: Counting quarters
Skip count by 25: 25, 50, 75. Check: \(25 + 25 + 25 = 75\).
The total is 75¢.
Problem 5: Mixed coins
Say: 25, 35, 45, 50, 51, 52, 53. Check: \(25 + 10 + 10 + 5 + 1 + 1 + 1 = 53\).
The total is 53¢.
Grade 2 Money Worksheet Answer Key: problems 6–10
Problem 6: More mixed coins
Quarters: 25, 50. Dime: 60. Nickels: 65, 70. Pennies: 71, 72, 73, 74. Check: \(50 + 10 + 10 + 4 = 74\).
The total is 74¢.
Problem 7: Bills and coins
Two bills are \(\$2.00\). Three quarters are 75¢. Together: \(\$2.00 + 75\) cents \(= \$2.75\).
The total is $2.75.
Problem 8: Dollar sign
- 3 dollars and 25 cents is \(\$3.25\).
- 5 cents needs two digits, so it is 05: \(\$1.05\).
- No cents, so write two zeros: \(\$6.00\).
Problem 9: Cents and dollars
- \(\$0.45\) is 45¢.
- \(\$0.07\) is 7¢.
- \(\$0.90\) is 90¢.
Problem 10: Which is worth more
Group A: 25, 50, so it is 50¢. Group B: 10, 20, 30, 40, so it is 40¢. Since \(50 > 40\), Group A is worth more. \(50 – 40 = 10\).
Group A is worth 10¢ more.
Grade 2 Money Worksheet Answer Key: problems 11–15
Problem 11: Fewest coins
Start with the biggest coin that fits: a quarter (25¢). Left: \(37 – 25 = 12\). A dime fits (10¢). Left: 2. Use two pennies.
Use 1 quarter, 1 dime, and 2 pennies (4 coins).
Problem 12: Two ways to make 65 cents
Way 1: \(25 + 25 + 10 + 5 = 65\), which is 2 quarters, 1 dime, and 1 nickel.
Way 2: \(10 + 10 + 10 + 10 + 10 + 10 + 5 = 65\), which is 6 dimes and 1 nickel.
Other correct answers are possible. Any set of coins worth 65¢ is correct.
Problem 13: Enough money
Count: 25, 50, 55. Maya has 55¢. The sticker costs 60¢. Since \(55 < 60\), Maya does not have enough. She needs \(60 – 55 = 5\) more cents.
No. Maya needs 5¢ more.
Problem 14: Find the missing coins
Jamal has 50¢. He needs \(80 – 50 = 30\) more cents. Three dimes make 30¢.
Jamal can add 3 dimes. Other answers, like 1 quarter and 1 nickel, also work.
Problem 15: Add two prices
Add the prices: \(35 + 20 = 55\). Check by counting on: 35, 45, 55.
Sofia pays 55¢.
Grade 2 Money Worksheet Answer Key: problems 16–20
Problem 16: How much is left
Subtract: \(90 – 45 = 45\). Check: \(45 + 45 = 90\).
Ethan has 45¢ left.
Problem 17: Change from a dollar
A dollar is 100¢. Subtract: \(100 – 64 = 36\). Check: \(64 + 36 = 100\).
Priya gets 36¢ in change.
Problem 18: Counting bills
Start with the five: 5. Then count on by ones: 6, 7, 8, 9. Check: \(5 + 4 = 9\).
Diego has $9.00.
Problem 19: Bake sale
Muffins: 2, 4, 6, so 3 muffins cost $6. Juices: 1, 2, so 2 juices cost $2. Total: \(6 + 2 = 8\).
Aisha spends $8.
Problem 20: Who has more
Liam: 25, 50, 75, so he has 75¢. Mei: 10, 20, 30, 40, 50, 60, 70, so she has 70¢.
Since \(75 > 70\), Liam has more. \(75 – 70 = 5\).
Liam has 5¢ more.
Grade 2 Money Worksheet Answer Key: problems 21–24
Problem 21: Saving for a toy
Count: 25, 50, 60, 70, 75. Noah has 75¢. A dollar is 100¢. Subtract: \(100 – 75 = 25\).
Noah needs 25¢ more, which is one quarter.
Problem 22: Piggy bank
Dimes: 10, 20, 30, 40, 50. Nickels: 55, 60, 65, 70. Pennies: 71, 72, 73, 74, 75, 76. So the bank has 76¢. Add the quarter: \(76 + 25 = 101\).
Diego has 101¢, which is \(\$1.01\).
Problem 23: Farmers market
Add the prices: \(3 + 2 + 4 = 9\). Subtract from $10: \(10 – 9 = 1\).
Mei gets $1 in change.
Problem 24: Birthday money
She spends \(4 + 3 = 7\) dollars. She has \(10 – 7 = 3\) dollars left. Since \(3 < 4\), she cannot buy the sticker book.
Aisha has $3 left. No, she needs $1 more.
How to use this grade 2 money worksheet answer key
Read this grade 2 money worksheet answer key after trying each problem yourself, and redo any problem you missed.
See every chapter on the Grade 2 math page.