Money and Making Change — Answer Key
Part A: Multiple Choice
Circle the best answer for each question.
1. In Grade 3, Mia bought a book for $3.45 with a $5 bill. What is her change?
A) $1.55
B) $2.55
C) $1.45
D) $1.65
$5.00 - $3.45 = $1.55 change for Mia in Grade 3 money.
2. In Grade 3 money, Jay paid $5 for a $2.80 toy. What change does he get?
A) $2.20
B) $2.80
C) $3.20
D) $2.30
$5.00 - $2.80 = $2.20 change for Jay in Grade 3.
3. In Grade 3, Ruby paid $5 for a $4.15 puzzle. What is her change?
A) $0.85
B) $1.15
C) $0.95
D) $0.75
$5.00 - $4.15 = $0.85 change for Ruby in Grade 3.
4. In Grade 3 money, Theo paid $5 for a $3.70 game. What change does he get?
A) $1.30
B) $1.70
C) $2.30
D) $1.40
$5.00 - $3.70 = $1.30 change for Theo in Grade 3.
Part B: Fill in the Blank
Write the correct answer on each line.
1. In Grade 3, $5.00 minus $2.25 equals $2.75.
$5.00 - $2.25 = $2.75 change in Grade 3 money.
2. In Grade 3 money, change of $1.55 equals 6 quarters and 1 nickel.
6 x 25 = 150 cents, plus 1 nickel = 155 cents = $1.55.
3. In Grade 3, a cap costs $3.90. Change from $5 is $1.10.
$5.00 - $3.90 = $1.10 change in Grade 3 money.
4. In Grade 3 money, $5 minus $1.65 equals $3.35.
$5.00 - $1.65 = $3.35 change for Grade 3 students.
5. In Grade 3, a kite costs $4.55. Change from $5 is 45 cents.
$5.00 - $4.55 = $0.45 or 45 cents change in Grade 3.