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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: How much is 2 quarters, 1 dime, and a nickel?
60 cents
65 cents
55 cents

Q 2: Jim spends $4.00 for candies and $2.25 for toys. How much did he spend?
$6.25
$2.25
$5.25
$4.25

Q 3: I want to buy a drink at the movies. It will cost 95ยข. I have 1 quarter, 5 dimes, and a nickel. Do I have enough money?
No, not enough
Yes, more than enough
Yes, just enough

Q 4: Margaret brings $3.65 to a movie. The movie ticket costs $2.75. After she buys her ticket, how much money does she have left?
$0.95
$0.97
$0.90
$0.96

Q 5: Fish A weighs 15 pounds. He swallows Fish C. Fish C weighs 3 pounds. How much does Fish A weigh now?
18 pounds
60 pounds
153 pounds

Q 6: How much is 6 dimes, 5 nickels, and 2 pennies
87 cents
97 cents
82 cents

Q 7: How much are 3 pennies worth?
3 cents
16 cents
5 cents

Q 8: How much are 5 pennies worth?
3 cents
8 cents
5 cents

Question 9: This question is available to subscribers only!

Question 10: This question is available to subscribers only!


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