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MEAP Preparation - Grade 3 Mathematics
3.6 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: Fish M weighs 95 pounds. Fish Z weighs 10 pounds. If Fish M swallows Fish Z, how much will he weigh?
105 pounds
10 pounds
9510 pounds

 Q 2: I have 80¢. I bought a flag for 55¢. How much money do I have left?
$1. 40
25¢
40¢
30¢

Q 3: 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.
$1.45
$1.32
140 cents
$.80

 Q 4: I want to buy a drink at the movies. It will cost 95¢. I have 1 quarter, 5 dimes, and a nickel. Do I have enough money?
Yes, more than enough
No, not enough
Yes, just enough

Q 5: Jim spends $4.00 for candies and $2.25 for toys. How much did he spend?
$4.25
$5.25
$2.25
$6.25

 Q 6: 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?
60 cents
20 cents
10 cents
30 cents

Q 7: Fish A weighs 15 pounds. He swallows Fish C. Fish C weighs 3 pounds. How much does Fish A weigh now?
153 pounds
60 pounds
18 pounds

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

Question 9: This question is available to subscribers only!

 Question 10: This question is available to subscribers only!


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