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Primary 3 Mathematics Money Quiz

Free P3 Maths Money quiz, Exam version, with questions, answers, and syllabus-aligned practice for Singapore students.

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Primary 3 Mathematics From Real Exams Generated by DeepSeek V4 Flash Sample 03 Updated 2026-08-17

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Questions

Primary 3 Mathematics Quiz - Money

Name: _________________________________________ Class: _________________________________________ Date: _________________________________________ Score: ________ / 40

Duration: 40 minutes Total Marks: 40

Instructions:

This quiz has 20 questions on the topic of Money.
Answer all questions.
Show your working clearly for all questions.
Write your answers in the spaces provided.

Section A: Multiple Choice Questions (Questions 1 to 5)

Each question carries 2 marks. Circle the correct answer.

1. Which of the following is the same as $5.60?

A) 5 dollars and 6 cents
B) 5 dollars and 60 cents
C) 56 dollars
D) 560 cents

Answer Space:

2. What is the total amount of money shown below?

1 ten-dollar note, 2 five-dollar notes, and 3 one-dollar coins.
A) $13
B) $18
C) $23
D) $28

Answer Space:

3. A pencil costs $1.20. An eraser costs$ 0.80. How much more does the pencil cost than the eraser?

A) $0.40
B) $0.60
C) $2.00
D) $0.04

Answer Space:

4. Ravi has $10. He buys a book for$ 6.50. How much money does he have left?

A) $3.50
B) $4.50
C) $16.50
D) $3.00

Answer Space:

5. Which set of coins and notes shows a total of $4.30?

A) 2 two-dollar notes and 3 ten-cent coins
B) 1 two-dollar note, 2 one-dollar coins, and 3 ten-cent coins
C) 4 one-dollar coins and 3 twenty-cent coins
D) 1 five-dollar note and 3 ten-cent coins

Answer Space:

Section B: Short Answer Questions (Questions 6 to 15)

Each question carries 2 marks. Show your working in the box provided.

6. Write $8.05 in words.

Working/Answer:

7. Convert 345 cents into dollars and cents.

Working/Answer:

8. What is the total of $12.50 and$ 7.30?

Working/Answer:

9. Find the difference between $20.00 and$ 13.45.

Working/Answer:

10. A packet of sweets costs $2.40. A packet of biscuits costs$ 1.15. What is the total cost of both items?

Working/Answer:

11. Siti has $15. She spends$ 8.90 on a toy. How much money does she have left?

Working/Answer:

12. A drink costs $1.50. A sandwich costs$ 3.80. How much does the sandwich cost more than the drink?

Working/Answer:

13. Mr Tan has $50. He buys a shirt for$ 24.90 and a tie for $12.50. How much does he spend altogether?

Working/Answer:

14. A pen costs $2.50. A notebook costs$ 3.20. What is the total cost of 2 pens and 1 notebook?

Working/Answer:

15. A bag costs $35.80. A wallet costs$ 18.50. How much more does the bag cost than the wallet?

Working/Answer:

Section C: Problem Sums (Questions 16 to 20)

Each question carries 4 marks. Show your working clearly and write your final answer in the box.

16. Ali has $25. He buys a storybook for$ 8.50 and a set of colour pencils for $6.30. (a) How much does he spend in total? (b) How much money does he have left?

Working:

Answer:

17. A fruit seller has $100. He buys 20 kg of apples at$ 2.50 per kg. (a) How much does he pay for the apples? (b) How much money does he have left after buying the apples?

Working:

Answer:

18. Mrs Lim has a $50 note. She buys 3 kg of rice at$ 4.20 per kg. (a) How much does she pay for the rice? (b) How much change does she receive?

Working:

Answer:

19. A pencil case costs $7.50. A calculator costs$ 12.80. A ruler costs $2.20. (a) What is the total cost of the pencil case and the calculator? (b) What is the total cost of all three items?

Working:

Answer:

20. A shop sells a toy car for $15.90 and a doll for$ 22.50. A boy has $40. (a) What is the total cost of the toy car and the doll? (b) Does he have enough money to buy both? Explain your answer.

Working:

Answer:

End of Quiz

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Answers

Primary 3 Mathematics Quiz - Money: Answer Key

Total Marks: 40

Section A: Multiple Choice Questions (Questions 1 to 5)

Each question carries 2 marks.

Answer: B) 5 dollars and 60 cents
Explanation: $5.60 means 5 dollars and 60 cents. The decimal point separates the dollars from the cents. The first two digits after the decimal point represent the cents. So,$ 5.60 is read as "five dollars and sixty cents."
Marks: 1 mark for correct answer.

Answer: C) $23
Explanation:
- 1 ten-dollar note = $10
- 2 five-dollar notes = 2 × $5 =$ 10
- 3 one-dollar coins = 3 × $1 =$ 3
- Total = $10 +$ 10 + $3 =$ 23
Marks: 1 mark for correct working, 1 mark for correct answer.

Answer: A) $0.40
Explanation: "How much more" means we need to find the difference. We subtract the cost of the eraser from the cost of the pencil: $1.20 -$ 0.80 = $0.40.
Marks: 1 mark for correct answer.

Answer: A) $3.50
Explanation: "How much money does he have left" means we need to subtract the cost of the book from the amount he had. $10.00 -$ 6.50 = $3.50.
Marks: 1 mark for correct answer.

Answer: B) 1 two-dollar note, 2 one-dollar coins, and 3 ten-cent coins
Explanation:
- 1 two-dollar note = $2.00
- 2 one-dollar coins = $2.00
- 3 ten-cent coins = $0.30
- Total = $2.00 +$ 2.00 + $0.30 =$ 4.30
Marks: 1 mark for correct answer.

Section B: Short Answer Questions (Questions 6 to 15)

Each question carries 2 marks.

Answer: Eight dollars and five cents.
Explanation: The number before the decimal point is the dollars, and the number after the decimal point is the cents. $8.05 is read as "eight dollars and five cents." Remember to write "five cents" not "zero five cents."
Marks: 1 mark for "eight dollars", 1 mark for "five cents".

Answer: $3.45
Explanation: There are 100 cents in 1 dollar. To convert cents to dollars, we divide by 100. 345 cents ÷ 100 = $3.45. This means 3 dollars and 45 cents.
Marks: 1 mark for correct conversion, 1 mark for correct notation ($3.45).

Answer: $19.80
Explanation: We add the two amounts: $12.50 +$ 7.30 = $19.80. Remember to align the decimal points when adding.
Marks: 1 mark for correct working, 1 mark for correct answer.

Answer: $6.55
Explanation: "Difference" means we subtract the smaller amount from the larger amount. $20.00 -$ 13.45 = $6.55.
Marks: 1 mark for correct working, 1 mark for correct answer.

10.

Answer: $3.55
Explanation: "Total cost" means we add the two amounts. $2.40 +$ 1.15 = $3.55.
Marks: 1 mark for correct working, 1 mark for correct answer.

11.

Answer: $6.10
Explanation: "How much money does she have left" means we subtract the amount spent from the amount she had. $15.00 -$ 8.90 = $6.10.
Marks: 1 mark for correct working, 1 mark for correct answer.

12.

Answer: $2.30
Explanation: "How much more" means we find the difference. $3.80 -$ 1.50 = $2.30.
Marks: 1 mark for correct working, 1 mark for correct answer.

13.

Answer: $37.40
Explanation: "Altogether" means we add the cost of the shirt and the tie. $24.90 +$ 12.50 = $37.40.
Marks: 1 mark for correct working, 1 mark for correct answer.

14.

Answer: $8.20
Explanation:
- Cost of 2 pens = 2 × $2.50 =$ 5.00
- Cost of 1 notebook = $3.20
- Total cost = $5.00 +$ 3.20 = $8.20
Marks: 1 mark for correct working, 1 mark for correct answer.

15.

Answer: $17.30
Explanation: "How much more" means we find the difference. $35.80 -$ 18.50 = $17.30.
Marks: 1 mark for correct working, 1 mark for correct answer.

Section C: Problem Sums (Questions 16 to 20)

Each question carries 4 marks.

16.

(a) Answer: $14.80
(b) Answer: $10.20
Explanation:
- (a) Total spent = Cost of storybook + Cost of colour pencils = $8.50 +$ 6.30 = $14.80.
- (b) Money left = Amount Ali had - Total spent = $25.00 -$ 14.80 = $10.20.
Marks:
- 1 mark for correct working for (a).
- 1 mark for correct answer for (a).
- 1 mark for correct working for (b).
- 1 mark for correct answer for (b).

17.

(a) Answer: $50.00
(b) Answer: $50.00
Explanation:
- (a) Cost of apples = 20 kg × $2.50/kg =$ 50.00.
- (b) Money left = Amount fruit seller had - Cost of apples = $100.00 -$ 50.00 = $50.00.
Marks:
- 1 mark for correct working for (a).
- 1 mark for correct answer for (a).
- 1 mark for correct working for (b).
- 1 mark for correct answer for (b).

18.

(a) Answer: $12.60
(b) Answer: $37.40
Explanation:
- (a) Cost of rice = 3 kg × $4.20/kg =$ 12.60.
- (b) Change received = Amount Mrs Lim had - Cost of rice = $50.00 -$ 12.60 = $37.40.
Marks:
- 1 mark for correct working for (a).
- 1 mark for correct answer for (a).
- 1 mark for correct working for (b).
- 1 mark for correct answer for (b).

19.

(a) Answer: $20.30
(b) Answer: $22.50
Explanation:
- (a) Total cost of pencil case and calculator = $7.50 +$ 12.80 = $20.30.
- (b) Total cost of all three items = $20.30 +$ 2.20 = $22.50.
Marks:
- 1 mark for correct working for (a).
- 1 mark for correct answer for (a).
- 1 mark for correct working for (b).
- 1 mark for correct answer for (b).

20.

(a) Answer: $38.40
(b) Answer: Yes, he has enough money.
Explanation:
- (a) Total cost of toy car and doll = $15.90 +$ 22.50 = $38.40.
- (b) The boy has $40.00. Since$ 40.00 is more than $38.40, he has enough money to buy both. He will have$ 40.00 - $38.40 =$ 1.60 left.
Marks:
- 1 mark for correct working for (a).
- 1 mark for correct answer for (a).
- 1 mark for correct comparison (showing $40.00 >$ 38.40).
- 1 mark for correct answer and explanation for (b).

End of Answer Key