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Math Lessons

Currency Math Up to $100

Professor Orion Hawthorne · Updated Currency Math
Illustration for the Dollars and Cents Up to $100 lesson on Math Lessons

First, let’s explore all the pieces and bills that make up amounts to $100.

Cent Values (Up to $1)

PieceValueWritten As
Penny1 cent$0.01
Nickel5 cents$0.05
Dime10 cents$0.10
Quarter25 cents$0.25

Bill Values (1to1_to_100)

BillValueWritten As
$1 Bill1 dollar$1.00
$5 Bill5 dollars$5.00
$10 Bill10 dollars$10.00
$20 Bill20 dollars$20.00
$50 Bill50 dollars$50.00
$100 Bill100 dollars$100.00

Counting Currency Math Up to $100

Example 1: Counting Centss

  • 3 quarters = 75¢
  • 2 dimes = 20¢
  • 1 nickel = 5¢
  • 4 pennies = 4¢ Total: 75¢ + 20¢ + 5¢ + 4¢ = $1.04

Example 2: Counting Bills

  • 1 × 20=20=20
  • 2 × 10=10=20
  • 1 × 5=5=5
  • 4 × 1=1=4 Total: 20+20+20 + 5+5+4 = $49

Example 3: Mixing Bills and Cents

  • 1 × 50=50=50
  • 1 × 20=20=20
  • 3 × 1=1=3
  • 2 quarters = 50¢ Total: 50+50+20 + 3+3+0.50 = $73.50

Currency Combinations to Make $100

There are many ways to make $100:

  • 100 × $1 bills
  • 20 × $5 bills
  • 10 × $10 bills
  • 5 × $20 bills
  • 2 × $50 bills
  • Or any combination (e.g., 1 × 50+2×20 + 1 × $10)

Practice Problems

  1. How many $5 bills make $100? Divide $100 by $5: 100 ÷ 5 = 20. So 20 five-dollar bills make $100.
  2. If you have 2 twenty-dollar bills and 3 ten-dollar bills, how much do you have? Multiply each: 2 × $20 = $40 and 3 × $10 = $30. Add: $40 + $30 = $70.
  3. What cents make 67¢ using the fewest pieces?

Answers:

  1. 20 bills
  2. $70
  3. 2 quarters (50¢), 1 dime (10¢), 1 nickel (5¢), 2 pennies (2¢)

Play “store” at home using real or pretend currency to practice counting different combinations!

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