Money Worksheet for Grade 3 -Set 1

The world of money for our young learners. Below is a worksheet along with answers and explanations designed for grade three students.

Money Worksheet for Grade 3

Section A: Identifying Coins and Bills

1. Match the Coin/Bill to its Value:
   • a. ₹1 Coin
   • b. ₹2 Coin
   • c. ₹5 Coin
   • d. ₹10 Bill
   • e. ₹20 Bill
2. Fill in the Blanks:
   • a. If you have two ₹5 coins, how much money do you have? ______
   • b. If you have a ₹10 bill and a ₹5 coin, how much money do you have in total? ______

Section B: Adding and Subtracting Money

1. Add the Following Amounts:
   • a. ₹15 + ₹10 = ______
   • b. ₹20 + ₹5 = ______
   • c. ₹12 + ₹8 = ______
2. Subtract the Following Amounts:
   • a. ₹20 – ₹5 = ______
   • b. ₹15 – ₹10 = ______
   • c. ₹25 – ₹10 = ______

Section C: Word Problems

1. Problem Solving:
   • a. Riya has ₹30. She buys a book for ₹18. How much money does she have left? ______
   • b. Aarav has ₹50. He spends ₹15 on a toy car and ₹20 on a kite. How much money does he have left? ______

Section D: Explaining Money Concepts

1. True or False:
   • a. A ₹10 bill is worth more than two ₹5 coins. ______
   • b. Three ₹2 coins have the same value as one ₹5 coin. ______
2. Explain:
   • a. Why is it important to know the value of money?
   • b. How can you use addition and subtraction to solve money problems?

Answers and Explanations:

Section A: Identifying Coins and Bills

1. Match the Coin/Bill to its Value:
   • a. ₹1 Coin – Value: ₹1
   • b. ₹2 Coin – Value: ₹2
   • c. ₹5 Coin – Value: ₹5
   • d. ₹10 Bill – Value: ₹10
   • e. ₹20 Bill – Value: ₹20
2. Fill in the Blanks:
   • a. If you have two ₹5 coins, how much money do you have? ₹10
     • Explanation: ₹5 + ₹5 = ₹10.
   • b. If you have a ₹10 bill and a ₹5 coin, how much money do you have in total? ₹15
     • Explanation: ₹10 + ₹5 = ₹15.

Section B: Adding and Subtracting Money

1. Add the Following Amounts:
   • a. ₹15 + ₹10 = ₹25
   • b. ₹20 + ₹5 = ₹25
   • c. ₹12 + ₹8 = ₹20
2. Subtract the Following Amounts:
   • a. ₹20 – ₹5 = ₹15
   • b. ₹15 – ₹10 = ₹5
   • c. ₹25 – ₹10 = ₹15

Section C: Word Problems

1. Problem Solving:
   • a. Riya has ₹30. She buys a book for ₹18. How much money does she have left? ₹12
     • Explanation: ₹30 – ₹18 = ₹12.
   • b. Aarav has ₹50. He spends ₹15 on a toy car and ₹20 on a kite. How much money does he have left? ₹15
     • Explanation: ₹50 – ₹15 – ₹20 = ₹15.

Section D: Explaining Money Concepts

1. True or False:
   • a. A ₹10 bill is worth more than two ₹5 coins. False
     • Explanation: Both are equal in value (₹10 = 2 x ₹5).
   • b. Three ₹2 coins have the same value as one ₹5 coin. False
     • Explanation: Three ₹2 coins equal ₹6, which is more than one ₹5 coin.
2. Explain:
   • a. Why is it important to know the value of money?
     • Answer: Knowing the value of money helps us make smart spending choices and manage our money effectively.
   • b. How can you use addition and subtraction to solve money problems?
     • Answer: We use addition to combine amounts of money and subtraction to find out how much money is left after spending some.

I hope this worksheet helps the young learners grasp the concept of money in a fun and interactive way! 🌟