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Olympiad Test Level 2: Money - 1 - Class 1 MCQ


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10 Questions MCQ Test Mathematics Olympiad for Class 1 - Olympiad Test Level 2: Money - 1

Olympiad Test Level 2: Money - 1 for Class 1 2024 is part of Mathematics Olympiad for Class 1 preparation. The Olympiad Test Level 2: Money - 1 questions and answers have been prepared according to the Class 1 exam syllabus.The Olympiad Test Level 2: Money - 1 MCQs are made for Class 1 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Olympiad Test Level 2: Money - 1 below.
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Olympiad Test Level 2: Money - 1 - Question 1

 Direction: On the basis of the below figure, Answer the following question.

How many items cost less than ₹ 20?

Detailed Solution for Olympiad Test Level 2: Money - 1 - Question 1

3 items cost less than ₹ 20.

Olympiad Test Level 2: Money - 1 - Question 2

Direction: On the basis of the below figure, Answer the following question.

Which item has the least price?

Detailed Solution for Olympiad Test Level 2: Money - 1 - Question 2

Toffee has the least price.

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Olympiad Test Level 2: Money - 1 - Question 3

Direction: On the basis of the below figure, Answer the following question.

Which of the following two items have same price?

Detailed Solution for Olympiad Test Level 2: Money - 1 - Question 3

Pencil and ice cream have same price.

Olympiad Test Level 2: Money - 1 - Question 4

Rahul has ₹ 35 with him. He gave ₹ 20 to Nehal and another ₹ 10 to Shekhar. How much money is left with Rahul now?

Detailed Solution for Olympiad Test Level 2: Money - 1 - Question 4

Rahul has ₹ 35 He gave ₹ 20 to Nehal and ₹ 10 to Shekhar

Amount of money Rahul gave = ₹ 20 + ₹ 10 = ₹ 30
Amount of money left with Rahul = ₹ 35 – ₹ 30 = ₹ 5

Olympiad Test Level 2: Money - 1 - Question 5

Direction: On the basis of the below figure, Answer the following question.

Which of the following items can Neha purchase if she has one ₹ 100 note, one ₹ 20 note and one ₹ 10 note?

Detailed Solution for Olympiad Test Level 2: Money - 1 - Question 5

Money Neha has = ₹ 100 + ₹ 20 + ₹ 10 = ₹ 130
Neha can buy a doll of ₹ 50 and a toy car of ₹ 80 because ₹ 50 + ₹ 80 = ₹ 130

Olympiad Test Level 2: Money - 1 - Question 6

Direction: On the basis of the below figure, Answer the following question.

Rajat has ₹ 70. Which of the following items he can buy by spending the total amount?

Detailed Solution for Olympiad Test Level 2: Money - 1 - Question 6

 Rajat can buy a cricket bat with ₹ 70.

Olympiad Test Level 2: Money - 1 - Question 7

Rohan gave ₹ 50 to buy a geometry box. How much money will he get back?

Detailed Solution for Olympiad Test Level 2: Money - 1 - Question 7

Rohan gave ₹ 50 to buy a geometry box.
Cost of geometry box = ₹ 20 Money Rohan will get back = ₹  50 – ₹ 20 = ₹ 30

Olympiad Test Level 2: Money - 1 - Question 8

A doll costs ₹ 19. Jenny has only ₹ 15 now. How much more money does she need to buy the doll?

Detailed Solution for Olympiad Test Level 2: Money - 1 - Question 8

Cost of doll = ₹ 19
Amount of money Jenny has
= ₹ 15
Amount of money Jenny needs
= ₹ 19 – ₹ 15 = ₹ 4

Olympiad Test Level 2: Money - 1 - Question 9

How much amount of money is shown here?

Detailed Solution for Olympiad Test Level 2: Money - 1 - Question 9

 ₹ 50 + ₹ 10 = ₹ 60

Olympiad Test Level 2: Money - 1 - Question 10

Which one of the following options has the equal value as given in the note?

Detailed Solution for Olympiad Test Level 2: Money - 1 - Question 10

20 notes of ₹ 100 = 20 × ₹ 100 = ₹ 2000

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