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Laabri

Monopoly: The Real-World Money Challenge

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Last updated 9 days ago
17 Nsɛmmisa

Today’s in-class activity uses Monopoly-style turns to practice budgeting, decimals, and percent reasoning. Read each prompt carefully and show your work when asked.

Take-a-Turn Word Problems
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1.

Put the steps of a Monopoly turn in the correct order.

  1. Move your token that many spaces

  2. Read what space you landed on

  3. End your turn (or take allowed extra actions)

  4. Roll the dice

  5. Buy/pay rent/draw a card (do the action)

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2a.

If you buy the property, how much money do you have left?

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3.

You must pay “income tax.” Option A is $$200$. Option B is $10%$ of your current cash. You currently have $$1{,}650$. Which option costs less?

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4.

A property’s rent increases from $$18$ to $$24$ after a house is added. What is the percent increase?

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5.

You have $$325.75$. You pay a fee of $$48.60$ and then collect $$25.00$.\n\nHow much money do you have now?

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6a.

Which statement best describes the money decision you made this turn?

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7.

Put the steps of a typical Monopoly turn in the correct order.

  1. End your turn

  2. Roll the dice

  3. Move your token

  4. Land on a space

  5. Decide what to do (buy/pay/draw)

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8.

Rent on a property is $$18$. With one house, the rent becomes $$30$.\n\nWhat is the percent increase in rent?

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9.

Monopoly Tax Choice: You must pay Income Tax. Option A is $10%$ of your cash. Option B is a flat $$200$.\n\nIf you currently have $$1{,}500$, which option costs less?

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10.

You have $$95.00$. You land on a space where you must pay a fee of $$27.35$.\n\nHow much money do you have left?

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11.

Put the steps of a typical Monopoly turn in the correct order.

  1. Roll the dice

  2. Land on a space

  3. End your turn

  4. Decide what to do (buy/pay/draw)

  5. Move your token

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12.

Rent on a property is $$18$. With one house, the rent becomes $$30$.\n\nWhat is the percent increase in rent?

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13.

Monopoly Tax Choice: You must pay Income Tax. Option A is $10%$ of your cash. Option B is a flat $$200$.\n\nIf you currently have $$1{,}500$, which option costs less?

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2b.

If you do not buy the property and must pay rent of $$12.50$, how much money do you have left?

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2c.

Which choice leaves you with more cash right now?

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6b.

How much money do you have after paying the fee?

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6c.

How much money do you have right after buying the property (before the fee)?