## Subtraction of Money

#### 1. Martin had $4.95 at first. He bought a packet of gummies for $2.00. How much money had he left?

**Step 1:**Subtract the dollars.

$4 − $2 = $2

**Step 2:**Add the cents to the answer in Step 1.

$2 + 95¢ = $2.95

He had

**$2.95**left.

#### 2. A T-shirt costs $12.55. A bandana costs $5.15 less. How much does the bandana cost?

**Step 1:**Subtract the cents.

55¢ − 15¢ = 40¢

**Step 2:**Subtract the dollars.

$12 − $5 = $7

**Step 3:**Add 40¢ to $7.

$7 + 40¢ = $7.40

The bandana costs

**$7.40**.

#### 3. $8.35 − $3.75 = ?

**Step 1:**Regroup $8.35.

$8.35 = $7 + 135¢

**Step 2:**Subtract the cents.

**Step 3:**Subtract the dollars.

So, $8.35 − $3.75 =

**$4.60**