Money Worksheet for Class 3 ICSE — Free PDF with Answers

Money is mathematics at its most practical. Every child eventually needs to count coins, calculate totals, and work out change. The ICSE Class 3 syllabus treats money as a formal mathematical topic, building on the informal exposure children have from visiting shops and watching transactions.

The ICSE board, governed by CISCE, structures the money unit around Indian currency — rupees (Rs) and paise (p). Children learn the conversion between the two ($1$ rupee $= 100$ paise), add and subtract money amounts with carrying and borrowing, and solve multi-step shopping problems that combine multiplication and subtraction.

What makes money special as a maths topic is motivation. Children care about money in a way they might not care about abstract numbers. A worksheet that asks "You have Rs $50$. A notebook costs Rs $32.50$. How much change do you get?" feels real and relevant.

This Class 3 ICSE money worksheet contains 60 questions across three levels, progressing from basic coin recognition to complex shopping scenarios. Every question has a detailed solution.

The ICSE Class 3 money curriculum includes the following.

Indian currency. Notes (Rs $10$, $20$, $50$, $100$, $200$, $500$) and coins (Re $1$, Rs $2$, Rs $5$, Rs $10$; 50 paise). Understanding their values and combinations.

Conversion. $1$ rupee $= 100$ paise. Converting between rupees and paise: Rs $3.75 = 375$ paise. Converting $450$ paise $=$ Rs $4.50$.

Writing money amounts. Using the decimal notation: Rs $12.50$ means $12$ rupees and $50$ paise.

Addition of money. Adding amounts that may require carrying from paise to rupees. Rs $24.75 +$ Rs $18.50 =$ Rs $43.25$.

Subtraction of money. Subtracting amounts with borrowing. Rs $50.00 -$ Rs $32.75 =$ Rs $17.25$.

Making change. If you pay Rs $100$ for an item costing Rs $67.50$, the change is Rs $32.50$.

Multiplication with money. If one pencil costs Rs $8.50$, then $4$ pencils cost $4 \times$ Rs $8.50 =$ Rs $34.00$.

Billing and shopping. Creating simple bills, calculating totals for multiple items, and checking whether a given amount is enough to buy a set of items.

The worksheet uses question formats that mirror real-life money situations.

• Conversion — Convert Rs $5.35$ to paise. Convert $825$ paise to rupees and paise.
  - Addition — Rs $34.60 +$ Rs $27.85 =$ ___
  - Subtraction — Rs $100 -$ Rs $56.75 =$ ___
  - Making change — You buy a toy for Rs $45.50$ and pay with a Rs $50$ note. What change do you receive?
  - Multiplication — $6$ erasers at Rs $3.50$ each. Total cost?
  - Comparison — Which costs more: $3$ pens at Rs $12$ each or $4$ pencils at Rs $8.50$ each?
  - Enough money? — Aman has Rs $200$. Can he buy a book for Rs $85$, a pen for Rs $45$, and a bag for Rs $95$?
  - Create a bill — List items and prices, find the total.
  - Word problems — Multi-step shopping scenarios.
  - Fill in the blanks — Re $1 =$ ___ paise.

The shopping focus keeps the questions practical and engaging for young learners.

Level 1 covers basic conversions and straightforward addition and subtraction.

Sample questions:

1. Convert Rs $7.25$ to paise.
*Answer: $7 \times 100 + 25 = 725$ paise.*

2. Convert $350$ paise to rupees and paise.
*Answer: Rs $3.50$ (since $350 \div 100 = 3$ remainder $50$).*

3. Add: Rs $15.40 +$ Rs $22.30$.
*Answer: Paise: $40 + 30 = 70$ p. Rupees: $15 + 22 = 37$. Total: Rs $37.70$.*

4. Subtract: Rs $40.00 -$ Rs $18.00$.
*Answer: Rs $22.00$.*

5. A pencil costs Rs $5$. How much do $3$ pencils cost?
*Answer: $3 \times 5 =$ Rs $15$.*

Level 1 builds comfort with the rupee-paise system. Children should understand that Rs $3.50$ means $3$ rupees and $50$ paise, and that the dot separates rupees from paise just as it separates metres from centimetres.

A practical activity: give your child play money (or real coins) and practise counting different combinations that make Re $1$, Rs $5$, or Rs $10$.

Level 2 introduces carrying in paise (when they exceed 100) and borrowing (when subtracting larger paise from smaller).

Sample questions:

1. Add: Rs $36.75 +$ Rs $28.50$.
*Answer: Paise: $75 + 50 = 125$ p $= 1$ rupee $25$ p. Carry Re $1$. Rupees: $36 + 28 + 1 = 65$. Total: Rs $65.25$.*

2. Subtract: Rs $50.00 -$ Rs $23.65$.
*Answer: Borrow: Rs $50.00 =$ Rs $49$ and $100$ p. Then: $100 - 65 = 35$ p. $49 - 23 = 26$. Answer: Rs $26.35$.*

3. Meera buys a doll for Rs $85.50$ and pays Rs $100$. What change does she get?
*Answer: Rs $100 -$ Rs $85.50 =$ Rs $14.50$.*

4. A packet of biscuits costs Rs $12.75$. Ravi buys $4$ packets. How much does he pay?
*Answer: $4 \times$ Rs $12.75$. Paise: $4 \times 75 = 300$ p $=$ Rs $3.00$. Rupees: $4 \times 12 = 48$. Total: $48 + 3 =$ Rs $51.00$.*

5. Is Rs $75$ enough to buy a book for Rs $42.50$ and a pen for Rs $35$?
*Answer: Total cost $=$ Rs $42.50 +$ Rs $35 =$ Rs $77.50$. No, Rs $75$ is not enough. Short by Rs $2.50$.*

Level 2 uses the same carrying and borrowing logic as measurement, but with a conversion factor of 100 paise per rupee.

Level 3 brings together multiple operations in realistic shopping and budgeting scenarios.

Sample questions:

1. Priya has Rs $500$. She buys: a school bag for Rs $225$, a water bottle for Rs $85.50$, and a lunch box for Rs $120$. How much money is left?
*Answer: Total spent $=$ Rs $225 +$ Rs $85.50 +$ Rs $120 =$ Rs $430.50$. Left $=$ Rs $500 -$ Rs $430.50 =$ Rs $69.50$.*

2. Complete the bill:
| Item | Price | Quantity | Total |
|------|-------|----------|-------|
| Pencil | Rs $8.50$ | $6$ | ___ |
| Eraser | Rs $3.75$ | $4$ | ___ |
| Sharpener | Rs $5.00$ | $3$ | ___ |
| Grand Total | | | ___ |
*Answer: Pencils: $6 \times 8.50 =$ Rs $51.00$. Erasers: $4 \times 3.75 =$ Rs $15.00$. Sharpeners: $3 \times 5 =$ Rs $15.00$. Grand total: Rs $81.00$.*

3. A shopkeeper sold $5$ kg of rice at Rs $68$ per kg and $3$ kg of dal at Rs $95$ per kg. What was his total sale?
*Answer: Rice: $5 \times 68 =$ Rs $340$. Dal: $3 \times 95 =$ Rs $285$. Total: Rs $625$.*

4. Ravi has a Rs $200$ note, two Rs $100$ notes, and three Rs $50$ notes. How much money does he have? Can he buy a cricket bat for Rs $575$?
*Answer: $200 + 200 + 150 =$ Rs $550$. No, he is short by Rs $25$.*

5. Ananya bought $7$ notebooks at Rs $35$ each and got a discount of Rs $20$. How much did she pay?
*Answer: $7 \times 35 =$ Rs $245$. After discount: $245 - 20 =$ Rs $225$.*

These problems develop financial literacy alongside mathematical skill — a combination the ICSE board values highly.

Play shop. Set up a pretend shop with household items and price tags. Let your child be the shopkeeper or the customer. Use play money (or real coins) for transactions. This role-play is the single best activity for building money sense.

Involve your child in real shopping. At a store, ask: "If I buy 3 packets of chips at Rs 20 each, how much is that?" or "I'm paying Rs 100 for this. How much change should I get?" Real transactions make maths feel important.

Practise mental estimation. Round prices to the nearest rupee and estimate totals before computing exactly. "The items cost about Rs 30, Rs 45, and Rs 20 — that is roughly Rs 95."

Weekly pocket money exercise. Give your child a small amount of play money each week and a "shopping list" of items with prices. Ask them to calculate if they can afford everything and how much will remain.

Create simple bills. Ask your child to make a bill for imaginary purchases: list the items, quantities, prices, and calculate the grand total. This practices column addition, multiplication, and neatness.

Discuss discounts. "This shirt costs Rs 500 but there is a Rs 50 discount. How much do we pay?" Discount problems are just subtraction, but they feel exciting and grown-up.

SparkEd provides two free resources for ICSE Class 3 money.

Free printable worksheet. Download a PDF with 60 questions across three levels — from basic conversions to multi-item billing problems. Every answer includes step-by-step working with correct decimal alignment. Download the Money worksheet here.

Online interactive practice. Answer money questions on screen with instant feedback. SparkEd checks both the numerical answer and the correct use of Rs and paise notation. Start practising Money online.

Both resources follow the ICSE (CISCE) syllabus. The question types and difficulty levels match ICSE school exams. Worksheets are free to download without sign-up, and online practice is free with a SparkEd account.

Money connects naturally to Addition & Subtraction (for computing totals and change) and Multiplication Tables (for calculating costs of multiple items).