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Math worksheet for solving money-related word problems involving purchases, comparisons, and budgeting.

Word Problems on Money Worksheet #7 featuring five math problems involving calculating costs, comparing amounts, and determining change with real-world money scenarios.

Word Problems on Money Worksheet #7 featuring five math problems involving calculating costs, comparing amounts, and determining change with real-world money scenarios.

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Show Answer Key & Explanations Step-by-step solution for: Grade 3 Maths Worksheets: (10.5 Word Problems on Money) - Lets ...
Let's solve each of the money word problems step by step.

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Problem 1:


Jimmy wants to buy a computer and a printer for his office. A computer costs $175 and a printer costs $39. How much money does he need to buy both things?

Solution:
Add the cost of the computer and the printer:
$$
175 + 39 = 214
$$

Answer: Jimmy needs $214 to buy both items.

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Problem 2:


Joy has 2 five dollar bills and 1 ten dollar bill whereas Roy has 3 five dollar bills. Which of them has more money?

Step 1: Calculate Joy’s money
- 2 × $5 = $10
- 1 × $10 = $10
- Total = $10 + $10 = $20

Step 2: Calculate Roy’s money
- 3 × $5 = $15

Compare:
- Joy: $20
- Roy: $15

Answer: Joy has more money.

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Problem 3:


Tina bought a coat for $233 and a pair of snow boots for $69. How much money did she spend in total?

Solution:
Add the two amounts:
$$
233 + 69 = 302
$$

Answer: Tina spent $302 in total.

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Problem 4:


Billy has 4 five dollar bills. Does she have enough money to buy a pizza which costs $36?

Step 1: Calculate Billy’s total money
- 4 × $5 = $20

Step 2: Compare with pizza cost
- Pizza costs $36
- Billy has $20 → $20 < $36

Answer: No, Billy does not have enough money. She is short by:
$$
36 - 20 = 16
$$
So, she needs $16 more.

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Problem 5:


Zoe wants to buy a brownie for him which costs $5.25. He only has 1 five dollar bill. How much more money does he need to buy that brownie?

Step 1: Zoe has $5.00
Step 2: Brownie costs $5.25

Find the difference:
$$
5.25 - 5.00 = 0.25
$$

Answer: Zoe needs $0.25 (25 cents) more.

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Final Answers:



1. $214
2. Joy has more money
3. $302
4. No, she needs $16 more
5. $0.25 more

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Parent Tip: Review the logic above to help your child master the concept of money problems worksheet.
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