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Free Grade 3 Budgeting Quizzes

Free Grade 3 quizzes for Budgeting: 12 real questions with a full answer key and worked solutions. Money uses two decimal places. Add up the cost, then subtract from the amount paid to find the change.

Price

Free

Difficulty

Foundation

Estimated time

25 min

Total marks

24

Learning objectives

Every objective is checkable, and each one maps to an activity and an assessment.

  • UnderstandExplain budgeting

    Explain budgeting accurately in a familiar context.

    Assessed by: Exit ticket of four short items

  • ApplyCalculate budgeting

    Calculate budgeting accurately in a familiar context.

    Assessed by: Exit ticket of four short items

  • AnalyseCompare budgeting

    Compare budgeting accurately in a familiar context.

    Assessed by: Exit ticket of four short items

  • EvaluateJustify budgeting

    Justify budgeting accurately in a familiar context.

    Assessed by: Exit ticket of four short items

Prerequisites

Close these gaps first — each has its own free lesson, worksheet and quiz.

How Budgeting works

Money uses two decimal places. Add up the cost, then subtract from the amount paid to find the change.

Key wordstotalchangecostdollarscents

12 practice questions

Easy to hard, 24 marks in total. Try them first, then open the answers.

  1. 1.You buy items costing $0.90, $2.83 and pay with $5.00. How much change do you get?[1]
  2. 2.You buy items costing $4.59, $5.73, $1.54 and pay with $15.00. How much change do you get?[1]
  3. 3.You buy items costing $7.86, $1.25 and pay with $10.00. How much change do you get?[1]
  4. 4.You buy items costing $8.01, $2.46, $2.93 and pay with $15.00. How much change do you get?[1]
  5. 5.You buy items costing $3.19, $5.35 and pay with $10.00. How much change do you get?[2]
  6. 6.You buy items costing $2.28, $0.61 and pay with $5.00. How much change do you get?[2]
  7. 7.You buy items costing $9.36, $9.09, $13.24, $5.60 and pay with $40.00. How much change do you get?[2]
  8. 8.You buy items costing $5.49, $6.27 and pay with $15.00. How much change do you get?[2]
  9. 9.You buy items costing $4.24, $4.46 and pay with $20.00. How much change do you get?[3]
  10. 10.You buy items costing $0.76, $18.76 and pay with $30.00. How much change do you get?[3]
  11. 11.You buy items costing $0.98, $17.06 and pay with $30.00. How much change do you get?[3]
  12. 12.You buy items costing $14.82, $12.48, $4.02, $17.10, $10.09 and pay with $70.00. How much change do you get?[3]
Show answers and working
  1. 1. $1.27

    Total: $0.90 + $2.83 = $3.73. Change: $5.00 − $3.73 = $1.27.

  2. 2. $3.14

    Total: $4.59 + $5.73 + $1.54 = $11.86. Change: $15.00 − $11.86 = $3.14.

  3. 3. $0.89

    Total: $7.86 + $1.25 = $9.11. Change: $10.00 − $9.11 = $0.89.

  4. 4. $1.60

    Total: $8.01 + $2.46 + $2.93 = $13.40. Change: $15.00 − $13.40 = $1.60.

  5. 5. $1.46

    Total: $3.19 + $5.35 = $8.54. Change: $10.00 − $8.54 = $1.46.

  6. 6. $2.11

    Total: $2.28 + $0.61 = $2.89. Change: $5.00 − $2.89 = $2.11.

  7. 7. $2.71

    Total: $9.36 + $9.09 + $13.24 + $5.60 = $37.29. Change: $40.00 − $37.29 = $2.71.

  8. 8. $3.24

    Total: $5.49 + $6.27 = $11.76. Change: $15.00 − $11.76 = $3.24.

  9. 9. $11.30

    Total: $4.24 + $4.46 = $8.70. Change: $20.00 − $8.70 = $11.30.

  10. 10. $10.48

    Total: $0.76 + $18.76 = $19.52. Change: $30.00 − $19.52 = $10.48.

  11. 11. $11.96

    Total: $0.98 + $17.06 = $18.04. Change: $30.00 − $18.04 = $11.96.

  12. 12. $11.49

    Total: $14.82 + $12.48 + $4.02 + $17.10 + $10.09 = $58.51. Change: $70.00 − $58.51 = $11.49.

Worked examples

Easy example

You buy items costing $8.11, $4.76 and pay with $15.00. How much change do you get?

  1. Total: $8.11 + $4.76 = $12.87.
  2. Change: $15.00 − $12.87 = $2.13.
  3. Answer: $2.13
Medium example

You buy items costing $3.49, $13.95, $10.41 and pay with $30.00. How much change do you get?

  1. Total: $3.49 + $13.95 + $10.41 = $27.85.
  2. Change: $30.00 − $27.85 = $2.15.
  3. Answer: $2.15
Hard example

You buy items costing $1.99, $3.68, $3.38, $5.25 and pay with $25.00. How much change do you get?

  1. Total: $1.99 + $3.68 + $3.38 + $5.25 = $14.30.
  2. Change: $25.00 − $14.30 = $10.70.
  3. Answer: $10.70

Interactive practice

Free, no account required — answer on screen or print it.

Common mistakes

What learners typically get wrong, and how to fix it.

  • Writes $3.5 instead of $3.50.

    Correction: Money always has two digits after the point.

  • Forgets to carry cents into dollars.

    Correction: 100 cents make one dollar.

Teacher tips

  • · Run a class shop with real price tags.

Parent tips

  • · Let your child pay and check the change.

Real-life applications

  • · Shopping, budgeting pocket money.

Assessment objectives

How mastery is evidenced, and which standards it maps to.

EDEXCEL EDE-631.1 — Mapped statement covering Budgeting.CBSE CBS-882.2 — Mapped statement covering Budgeting.

Every free resource for Budgeting

One concept, one ecosystem — all of it free.

Goes deeper

The entities below this one, each with the same complete free resource set.

Sibling concepts

Related concepts

Lateral links, including across subjects.

Next topics

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Frequently asked

Is this Grade 3 Budgeting quiz really free?
Yes. Every quizzes on FreeMathWorksheet is free to use, print and share — no account, no paywall and no watermark.
What should a learner already know before this?
Start with Change, Counting Money, Time. Each one has its own free lesson, worksheet and quiz.
How is the quiz sequenced?
Recognition first, then understanding, application, reasoning and finally mastery — the same ladder used across every free resource on the platform.
What comes next after Budgeting?
Move on to Units, Time, which build directly on this idea.

Related resources

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