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MEAP Preparation - Grade 3 Mathematics
3.29 Money Word Problems

Method:

  1. Read the question carefully.
  2. Count the number of quarters, dimes, nickles
  3. Add or subtract as per the question.

Example:
I have $45.50, I spend 50 cents. How much money do I have left?

100 cents = 1 dollar
Hence $45.50 = 45.50 * 100 cents
We subtract 50 cents that is spent
4550 - 50 = 4500 cents
Answer: $45

Directions: Answer the following questions. Also write at least ten examples of your own.
Q 1: How much is 1 dime and 2 pennies worth?
4 cents
23 cents
12 cents

 Q 2: How much is a quarter worth?
25 cents
10 cents
9 cents

Q 3: How much is 7 dimes, 2 nickels and 8 pennies?
92 cents
98 cents
88 cents

 Q 4: How much is a penny worth?
17 cents
1 cent
5 cents

Q 5: I have 80¢. I bought a flag for 55¢. How much money do I have left?
40¢
$1. 40
25¢
30¢

 Q 6: Lisa has $4.50. She bought a pencil sharpener for $2.30 and spiral notebook for 75 cents. How much money does she have left.
$1.32
140 cents
$1.45
$.80

Q 7: I had a quarter, a dime, and a nickel to spend. I bought a candy bar for 20 cents. How much change did I get back?
30 cents
10 cents
60 cents
20 cents

 Q 8: How much is 1 nickel and 1 penny worth?
3 cents
8 cents
6 cents

Question 9: This question is available to subscribers only!

 Question 10: This question is available to subscribers only!


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