Subjects/Foundational Numeracy/Addition Word Problems: Saving Money
Foundational NumeracyAddition

Addition Word Problems: Saving Money

Solve word problems about saving and collecting money.

12 min

🎯 What You'll Learn

You will solve word problems about saving money over time, adding amounts together to find totals.

🏪 Market Story

Chidi wants to buy a football that costs ₦500. He saves money each week from helping at his uncle's shop. Week 1: ₦80. Week 2: ₦120. Week 3: ₦95. Week 4: ₦110. Has he saved enough?

📝 Let's Learn

Saving money means adding amounts over time. Let's solve Chidi's problem:

Week 1 + Week 2: ₦80 + ₦120 = ₦200

+ Week 3: ₦200 + ₦95 = ₦295

+ Week 4: ₦295 + ₦110 = ₦405

Chidi has ₦405. The football costs ₦500. He needs ₦95 more. Not yet enough!

Example 1: Amina saves ₦50 on Monday and ₦50 on Friday. After 2 weeks, how much has she saved?
Each week: ₦50 + ₦50 = ₦100. Two weeks: ₦100 + ₦100 = ₦200.

Example 2: Bola collects ₦30 from her mother and ₦20 from her father each day. In 3 days, how much does she collect?
Each day: ₦30 + ₦20 = ₦50. Three days: ₦50 + ₦50 + ₦50 = ₦150.

✏️ Practice Questions

  1. Tunde saves ₦40 each week. How much does he have after 3 weeks?
  2. Funke saves ₦65 in January, ₦80 in February, and ₦55 in March. What is her total savings?
  3. Emeka collects ₦150 on Saturday and ₦200 on Sunday from washing cars. How much did he earn over the weekend?
Click to see answers
  1. ₦40 + ₦40 + ₦40 = ₦120.
  2. ₦65 + ₦80 + ₦55 = ₦200. (₦65 + ₦55 = ₦120, then ₦120 + ₦80 = ₦200.)
  3. ₦150 + ₦200 = ₦350.

💡 Remember

Saving money is addition over time. Add each new amount to your running total to see how much you have. This is how real savings grow!