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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 Quiz - Money (Answer Key)
Total Marks: 40
Section A: Multiple-Choice Questions (10 × 2 marks = 20 marks)
1. A) $34.50
- Working: (3 × 2) + (1 × 30 + 0.50 = $34.50
- Explanation: Count the value of each type of note and coin. Three 30. Two 4. One 50-cent coin is 30 + 0.50 = $34.50.
- Common Mistake: Forgetting to count the $2 coins or misreading the 50-cent coin as 5 cents.
2. A) 8 dollars and 5 cents
- Explanation: In decimal notation for money, the digits before the decimal point represent dollars, and the digits after the decimal point represent cents. $8.05 means 8 dollars and 5 cents. The '0' in the tenths place shows there are no 10-cent coins.
- Common Mistake: Thinking 8.50 is 8 dollars and 50 cents.
3. B) $17.45
- Working: 4.55 = $17.45
- Explanation: "Altogether" means we need to add the two amounts. Add the cents first: 90¢ + 55¢ = 145¢ = 12 + 16. Then add the dollar part of the cents: 1.45 = $17.45.
- Common Mistake: Adding incorrectly, e.g., 90 + 55 = 145, but forgetting to carry over the $1.
4. A) $26.20
- Working: 23.80 = $26.20
- Explanation: "How much money does he have left" means we need to subtract the cost from the amount he had. 23.80. Since 0 cents minus 80 cents is not possible, we regroup 1 dollar as 100 cents. So we have 23.80 = $26.20.
- Common Mistake: Subtracting incorrectly without regrouping: 50 - 23.80 = 27.20 (wrong).
5. A) $7
- Explanation: In 7. The '1' represents 0.60), and the '5' represents 5 cents ($0.05).
- Common Mistake: Thinking the value of the digit is 7 cents ($0.07) because it's a decimal number.
6. C) $46.50
- Working: (2 × 5) + (3 × 40 + 1.50 = $46.50
- Explanation: Calculate the total value of each type of note and coin. Two 40. One 5. Three 50-cent coins = 40 + 1.50 = $46.50.
- Common Mistake: Calculating the 50-cent coins as $0.50 each, but forgetting to multiply by 3.
7. B) $15.60
- Working: 15.60
- Explanation: "Cost of 4 such packets" means we multiply the cost of one packet by 4. 3.60. Multiply the dollars: 12. Add them: 3.60 = $15.60.
- Common Mistake: Adding instead of multiplying: 4 = $7.90 (wrong).
8. A) $21.50
- Working: 28.50 = $21.50
- Explanation: "Change" is the money returned when you pay more than the cost. Subtract the cost of the meal from the amount paid. 28.50 = $21.50.
- Common Mistake: Adding instead of subtracting: 28.50 = $78.50 (wrong).
9. D) $10.55
- Explanation: Compare the amounts. First, compare the dollars. 10.05 has 5 cents, 10.55 has 55 cents. 55 cents is the largest, so $10.55 is the largest amount.
- Common Mistake: Thinking 10.55 because 50 is a round number.
10. B) $0.35
- Working: 0.85 = $0.35
- Explanation: "How much more" means we need to find the difference, which is subtraction. 0.85. Since 20 cents minus 85 cents is not possible, we regroup 1 dollar as 100 cents. So we have 0.85 = $0.35.
- Common Mistake: Adding instead of subtracting: 0.85 = $2.05 (wrong).
Section B: Short-Answer Questions (5 × 3 marks = 15 marks)
11. Answer: $7.30
- Working: 15.60 = $7.30
- Explanation: "How much more money does he need" means we find the difference between the cost and what he has. Subtract the amount he has from the cost of the book. 15.60 = $7.30.
- Marking Scheme:
- 1 mark for correct operation (subtraction).
- 1 mark for correct working.
- 1 mark for correct final answer with dollar sign.
12. Answer: $29.75
- Working:
- Cost of cookies: 7.25 = $11.25
- Total cost: 11.25 = $29.75
- Explanation: First, find the cost of the cookies. The cookies cost 18.50 - 11.25. Then, find the total cost by adding the cost of the chocolates and the cookies: 11.25 = $29.75.
- Marking Scheme:
- 1 mark for finding the cost of the cookies.
- 1 mark for correct operation to find the total.
- 1 mark for correct final answer with dollar sign.
13. Answer: $35.60
- Working:
- Total spent: 18.50 = $64.40
- Money left: 64.40 = $35.60
- Explanation: First, find the total amount spent by adding the cost of the dress and the scarf: 18.50 = 100.00 - 35.60.
- Marking Scheme:
- 1 mark for finding the total amount spent.
- 1 mark for correct operation to find the money left.
- 1 mark for correct final answer with dollar sign.
14. Answer: $6.60
- Working:
- Cost of sandwich: 1.80 = $4.20
- Total cost: 4.20 = $6.60
- Explanation: First, find the cost of the sandwich. The sandwich costs 2.40 + 4.20. Then, find the total cost by adding the cost of the drink and the sandwich: 4.20 = $6.60.
- Marking Scheme:
- 1 mark for finding the cost of the sandwich.
- 1 mark for correct operation to find the total.
- 1 mark for correct final answer with dollar sign.
15. Answer: $33.00
- Working: 33.00
- Explanation: "How much would he save after 6 weeks" means we multiply the amount saved each week by the number of weeks. 3.00. Multiply the dollars: 30. Add them: 3.00 = $33.00.
- Marking Scheme:
- 1 mark for correct operation (multiplication).
- 1 mark for correct working.
- 1 mark for correct final answer with dollar sign.
Section C: Problem-Solving Questions (5 × 1 mark = 5 marks)
16. Answer: $11.80
- Working: (2 × 2.80 = 2.80 = $11.80
- Explanation: First, find the cost of 2 ride tickets by multiplying: 9.00. Then, add the cost of 1 game ticket: 2.80 = $11.80.
- Marking Scheme:
- 1 mark for correct final answer with dollar sign.
17. Answer: $8.20
- Working: 11.80 = $8.20
- Explanation: "Change" is the money returned. Subtract the total amount paid from the 20.00 - 8.20.
- Marking Scheme:
- 1 mark for correct final answer with dollar sign.
18. Answer: $5.40
- Working: (3 × 0.90) = 1.80 = $5.40
- Explanation: First, find the cost of the apples: 3 × 3.60. Then, find the cost of the oranges: 2 × 1.80. Add them together: 1.80 = $5.40.
- Marking Scheme:
- 1 mark for correct final answer with dollar sign.
19. Answer: $4.60
- Working: 5.40 = $4.60
- Explanation: "Change" is the money returned. Subtract the total amount spent from the 10.00 - 4.60.
- Marking Scheme:
- 1 mark for correct final answer with dollar sign.
20. Answer: 5 oranges
- Working:
- Cost of apples: 5 × 6.00
- Cost of oranges: 6.00 = $4.50
- Number of oranges: 0.90 = 5
- Explanation: First, find the cost of the apples: 5 × 6.00. Then, subtract the cost of the apples from the total spent to find the cost of the oranges: 6.00 = 4.50 ÷ $0.90 = 5.
- Marking Scheme:
- 1 mark for correct final answer with unit.
