**3rd-grade money word problems**

*Money Chapter for Class 3 Worksheet for the students of State / CBSE /ICSE Students by online-shiksha.com*

**What is Money?**

Money is used to buy things or sell things in our life.

### Some important facts about money are

Unit of money in India is the rupee

**1 rupee equal to 100 paise**

Money is a combination of rupees and paise a point or dot is used to separate the rupees and paise

Example — 50.25 means 50 rupees 25 paise

**Conversion of rupees into paise**

We know that

**1 rupee = 100 paisa**

So if we want to convert rupees into paisa we multiply the rupee number by 100

### Example

Rupees 15 = 15 x 100 = 1500 paisa

Rupees 7.25 = [7×100]+25p = 725 paisa

Rupess 50.50 = [50×100]+50 =5050 paisa

### Exercise convert into paise

Rs. – 12

Solution – [12 x 100 = 1200 ]

Rs. – 15.50

Solution – [15 x 100 ] + 50 = 1550

Rs. – 22.75

Solution – [22 x 100 ] + 75 = 2275]

Rs. – 30.50

Solution – [30 x 100 ] + 50 = 3050]

Rs. – 25.75

Solution – [25 x 100 ] + 75 = 2575]

Rs. – 45.25

Solution – [45 x 100 ] + 25 = 4525]

**Conversion of paise into rupees.**

To convert paisa into rupees we have to divide paisa by 100.

Example:-

5050p = 5050 / 100 = 50.50

8975 p = 8975 / 100 = 89.75

**Addition and Substraction of money :-**

Add rs. 75.25 and rs. 42.50

Add 375 rupees 25 paise and 115 rupees 45 paise

## Money Word Problems 3rd grade

Shanaya bought a book for Rs. 110.50 and a notebook for Rs. 40.00.How much money does she spend in all?

**Solution:-**

Book Price = 110.50

NB Price = 40.00

Total Amount Spent = 110.50 + 40 = 150.50

Read More about :-

Shanaya receives Rs. 1200 from her grandmother and Rs. 500.00 from her grandfather.How much money does he receive in all?

**Solution:-**

From Grandmother = 1200.00 Rs.

From Grandfather = 500.00

Total Amt Received = 1200 + 500 = 1700 Rs.

## Multiplication of Money

Ex- Multiply 14.25 by 7