Question

Santa has $20 in his purse, but he owes $9. How much money does he actually have to spend?

Answer 1

The amount Santa has in his purse is

`=\text{ \$20}`

The amount of money he owes is

`=\text{ \$9}`

Concept:

To calculate the amount of money Santa can spend means to calculate the amount of money remaining in the purse after offsetting the debt

Hence,

The formula to be used is given below as

`\text{Amount remaining to spend=Amount in purse - amount he owes}`

By substituting the values, we will have

`\begin{gathered} \text{Amount remaining to spend=Amount in purse - amount he owes} \\ \text{Amount remaining to spend}=\text{ \$20 - \$9} \\ \text{Amount remaining to spend}=\text{ \$11} \end{gathered}`

Hence,

The final answer = $11