Money Worksheet for Grade 3 Set -3

Money Worksheet for Grade 3

Section A: Identifying Coins and Bills

1. Match the Coin/Bill to its Value:
   • a. 50 paise Coin
   • b. ₹1 Coin
   • c. ₹2 Coin
   • d. ₹5 Bill
   • e. ₹10 Bill
2. Fill in the Blanks:
   • a. If you have two ₹1 coins, how much money do you have? ______
   • b. If you have a ₹5 bill and two 50 paise coins, how much money do you have in total? ______

Section B: Adding and Subtracting Money (Including Paise)

1. Add the Following Amounts:
   • a. ₹10 + 50 paise = ______
   • b. ₹20 + ₹1 + 25 paise = ______
   • c. ₹12 + ₹2 + 50 paise = ______
2. Subtract the Following Amounts:
   • a. ₹20 – ₹5 = ______
   • b. ₹15 – ₹1 – 50 paise = ______
   • c. ₹25 – ₹10 = ______

Section C: Word Problems

1. Problem Solving:
   • a. Maya has ₹30. She buys a toy for ₹22.50. How much money does she have left? ______
   • b. Rohan has ₹50. He spends ₹15.75 on a book and ₹20 on a game. How much money does he have left? ______

Section D: Explaining Money Concepts

1. True or False:
   • a. 50 paise is equal to half of a rupee. ______
   • b. A ₹10 bill is worth more than a ₹5 coin. ______
2. Explain:
   • a. Why is it important to know the value of both rupees and paise?
   • b. How can you convert paise to rupees and vice versa?

Answers and Explanations:

Section A: Identifying Coins and Bills

1. Match the Coin/Bill to its Value:
   • a. 50 paise Coin – Value: ₹0.50
   • b. ₹1 Coin – Value: ₹1
   • c. ₹2 Coin – Value: ₹2
   • d. ₹5 Bill – Value: ₹5
   • e. ₹10 Bill – Value: ₹10
2. Fill in the Blanks:
   • a. If you have two ₹1 coins, how much money do you have? ₹2
     • Explanation: ₹1 + ₹1 = ₹2.
   • b. If you have a ₹5 bill and two 50 paise coins, how much money do you have in total? ₹6
     • Explanation: ₹5 + ₹0.50 + ₹0.50 = ₹6.

Section B: Adding and Subtracting Money (Including Paise)

1. Add the Following Amounts:
   • a. ₹10 + 50 paise = ₹10.50
   • b. ₹20 + ₹1 + 25 paise = ₹21.25
   • c. ₹12 + ₹2 + 50 paise = ₹14.50
2. Subtract the Following Amounts:
   • a. ₹20 – ₹5 = ₹15
   • b. ₹15 – ₹1 – 50 paise = ₹13.50
   • c. ₹25 – ₹10 = ₹15

Section C: Word Problems

1. Problem Solving:
   • a. Maya has ₹30. She buys a toy for ₹22.50. How much money does she have left? ₹7.50
     • Explanation: ₹30 – ₹22.50 = ₹7.50.
   • b. Rohan has ₹50. He spends ₹15.75 on a book and ₹20 on a game. How much money does he have left? ₹14.25
     • Explanation: ₹50 – ₹15.75 – ₹20 = ₹14.25.

Section D: Explaining Money Concepts

1. True or False:
   • a. 50 paise is equal to half of a rupee. True
     • Explanation: 50 paise is 0.50 rupees, which is half of 1 rupee.
   • b. A ₹10 bill is worth more than a ₹5 coin. True
     • Explanation: ₹10 > ₹5.
2. Explain:
   • a. Why is it important to know the value of both rupees and paise?
     • Answer: Knowing the value of both rupees and paise helps us accurately calculate and manage our money, making sure we pay or receive the correct amount.
   • b. How can you convert paise to rupees and vice versa?
     • Answer: To convert paise to rupees, divide the number of paise by 100 (e.g., 50 paise = 0.50 rupees). To convert rupees to paise, multiply the number of rupees by 100 (e.g., 1 rupee = 100 paise).

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