Money Word Problems
Browse 5 Money Word Problems worksheets for Grade 3 Math. These Measurement worksheets are designed to give students targeted practice and build confidence in math.
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Whether you're a teacher looking for measurement practice problems, a homeschool parent building a Grade 3 curriculum, or a tutor helping a student catch up, choose an available worksheet that matches what your student is practising.
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Prerequisites
Practice Questions
- You buy a toy 🧸 for $12.50 and pay with a $20 bill. How much change do you get?
Show answer
$7.50
- A notebook 📓 costs $2.25. How much do 4 notebooks cost?
Show answer
$9.00
- You have $10.00 💵. You spend $3.50 on lunch and $2.00 on a drink. How much is left?
Show answer
$4.50
- A video game 🎮 costs $45.00. You save $5.00 a week. How many weeks until you can buy it?
Show answer
9 weeks
- Three friends 🧑🤝🧑 share a pizza that costs $15.00. How much does each person pay?
Show answer
$5.00
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Quick Tip
Teacher Resources
Teaching Notes
This collection focuses on money word problems. Encourage students to underline key numbers and words in the problem.
Vocabulary
Common Mistakes
- Not converting units before calculating (e.g., subtracting meters from kilometers)
- Misplacing the decimal point in money problems
- Confusing AM and PM in time problems
- Misidentifying required operation
- Incorrect decimal alignment
- Calculation errors with cents
- Ignoring units ($ / ¢)
Differentiation
Discussion Questions
- How do you know which operation (add, subtract, multiply, divide) to use?
- Why is it important to check your units?
- How can estimation help you check if your answer is reasonable?
- How do we use money calculations in everyday life?
- Why is it important to be precise with money?
- What strategies help you solve word problems?
- How do you check if your answer makes sense?
Extension Activities
- Create a class store where students buy and sell items.
- Plan a trip and calculate distances and travel times.
- Bake a recipe and adjust the quantities for a larger group.
Parent Tip
Involve your child in simple shopping calculations at the store.
Learning Path
Skill Cluster
Number Sense & Operations; Financial Literacy
Estimated Time
20 minutes