# Subtraction of Amounts of Money

Do you know how to subtract the amount of money? In this article, we will teach you how to do this.

Money amounts can be shown in numerous fashions. You can show cents via a \(¢\) sign and show dollars via a \($\) sign.

Subtraction of money is comparable to the addition of money — the precise steps are followed, but you subtract instead of adding the numbers.

## Related Topics

- Word Problems Involving Money
- Addition of Money Quantities
- Addition of 3-Digit Numbers
- Addition of Hundreds

Whenever doing subtraction of money, cents are subtracted first, after that do dollars, and keep moving from right to left. Do not forget at the time you’ll have to do borrowing!

Use the following steps:

- Line up your numerals so the ones, the tens, the hundreds, and the thousands are each under the corresponding numeral. The biggest number ought to be on top while the lesser number is put at the bottom
- Begin doing subtraction in the column to the right. Then move to the left, and as needed do borrowing and regrouping.
- Write your answer precisely underneath the column of the corresponding figure and place a \($\) or \(¢\) sign in front of the answer.

### Subtraction of Amounts of Money – Example 1:

Subtract

\(\begin{array}{r} &$533\\ -\!\!\!\!\!&$412\\ \hline \end{array} \)

**Solution**:

First line up the numbers: \(\begin{array}{r} &$533\\ -\!\!\!\!\!&$412\\ \hline \end{array}→ \) subtract the numerals in the ones’ spot column \((3 – 2 = 1)\) and put the resulting answer under the line. \(\begin{array}{r} &$533\\ -\!\!\!\!\!\!&$412 \\ \hline \end{array} \\ \ \ \ \ \ \ \ \ \ \ \ \ 1\) , Continue with tens’ place. \(3 \ – \ 1=2\), \(\begin{array}{r} &$533\\ -\!\!\!\!\!\!&$412 \\ \hline \end{array} \\ \ \ \ \ \ \ \ \ \ \ 2\). Subtract the numerals in the hundreds’ spot column then out this answer under the line, \(5 \ – \ 4=1\), \(\begin{array}{r} &$533\\ -\!\!\!\!\!\!&$412 \\ \hline \end{array} \\ \ \ \ \ \ \ \ \ 1\). \(\begin{array}{r} &$533\\ -\!\!\!\!\!\!&$412 \\ \hline \end{array} \\ \ \ \ \ \ \ $121\)

### Subtraction of Amounts of Money – Example 2:

Subtract

\(\begin{array}{r} &$767\\ -\!\!\!\!\!&$345\\ \hline \end{array} \)

**Solution**:

First line up the numbers: \(\begin{array}{r} &$767\\ -\!\!\!\!\!&$345\\ \hline \end{array}→ \) subtract the numerals in the ones’ spot column \((7 – 5 = 2)\) and put the resulting answer under the line. \(\begin{array}{r} &$767\\ -\!\!\!\!\!\!&$345 \\ \hline \end{array} \\ \ \ \ \ \ \ \ \ \ \ \ \ 2\) , Continue with tens’ place. \(6 \ – \ 4=2\), \(\begin{array}{r} &$767\\ -\!\!\!\!\!\!&$345 \\ \hline \end{array} \\ \ \ \ \ \ \ \ \ \ \ 2\). Subtract the numerals in the hundreds’ spot column then out this answer under the line, \(7 \ – \ 3=4\), \(\begin{array}{r} &$767\\ -\!\!\!\!\!\!&$345 \\ \hline \end{array} \\ \ \ \ \ \ \ \ \ 4\). \(\begin{array}{r} &$767\\ -\!\!\!\!\!\!&$345 \\ \hline \end{array} \\ \ \ \ \ \ \ $422\)

## Exercises for Subtraction of Amounts of Money

** Subtract **

- \(\color{blue}{$885-$644}\)
- \(\color{blue}{$378-$154}\)
- \(\color{blue}{$928-$671}\)
- \(\color{blue}{$469-$234}\)

- \(\color{blue}{$241}\)
- \(\color{blue}{$124}\)
- \(\color{blue}{$257}\)
- \(\color{blue}{$235}\)

## Related to This Article

### More math articles

- Top 10 Tips to Overcome ASVAB Math Anxiety
- FREE AFOQT Math Practice Test
- Ace the Math Subtests of the ASVAB Test
- 10 Most Common 3rd Grade STAAR Math Questions
- How to Multiply and Divide Complex Numbers? (+FREE Worksheet!)
- The Ultimate SIFT Math Course (+FREE Worksheets & Tests)
- The Ultimate 6th Grade LEAP Math Course (+FREE Worksheets)
- How is the ISEE Test Scored?
- How to Write a Good Mathematics Dissertation on a Top Mark?
- CLEP College Algebra FREE Sample Practice Questions

## What people say about "Subtraction of Amounts of Money - Effortless Math: We Help Students Learn to LOVE Mathematics"?

No one replied yet.