CBSE Class 4  >  Class 4 Notes  >  Mathematics  >  Word Problem: Money

Word Problem: Money

Q1: Sarla had 12905 in her purse. Her father gave her 15320 more. She also puts this amount in the same purse. How much money does she have in her purse now?
Ans: 
Money Sarla had = ₹12,905
Money given to her = ₹15,320

Word Problem: Money

So now Sarla has ₹28,225.

Q2: A cup and a bowl together cost   ₹ 398.50. The cup costs  ₹ 135.25. How much does the bowl cost?
Ans: 
Cost of cup and bowl together = ₹398.50
Cost of cup = ₹135.25

Word Problem: Money

Cost of bowl = ₹398.50 - ₹135.25 = ₹263.25

Q3: A box of crayons costs  ₹  25.25. What is the cost of 32 such boxes?
Ans: 
Cost of one box of crayons = ₹25.25
Cost of 32 boxes of crayons = ₹25.25 × 32

Word Problem: Money

Thus, the cost of 32 boxes of crayons is ₹808.00.

Q4: The cost of 12 gifts is  ₹  69960. What is the cost of one gift?
Ans:
Cost of 12 gifts = ₹69,960

Cost of 1 gift = ₹69,960 ÷ 12 = ₹5,830

Word Problem: Money

Q5: Mohan bought a bicycle for ₹1534.67 and a helmet for ₹425.50. What is the estimated total cost?
Ans: 
We estimate the total by rounding each price to the nearest rupee.
₹1,534.67 ≈ ₹1,535
₹425.50 ≈ ₹426
Estimated total = ₹1,535 + ₹426 = ₹1,961.

Q6: If you have 5 coins of ₹2 each and 4 coins of ₹5 each, what is the total amount of money you have?
Ans: 
5 coins of ₹2 each = ₹2 × 5 = ₹10.
4 coins of ₹5 each = ₹5 × 4 = ₹20.
Therefore, the total amount of money = ₹10 + ₹20 = ₹30.

Q7: Reena has 4 fifty-rupee notes and 3 ten-rupee coins. How much money does she have in total?
Ans: 
4 fifty-rupee notes = ₹50 × 4 = ₹200.
3 ten-rupee coins = ₹10 × 3 = ₹30.
Total = ₹200 + ₹30 = ₹230.

Q8: After spending ₹249.75 on groceries, Sanjay has ₹675.50 left. How much money did he originally have?
Ans: 
Original amount = Amount spent + Amount left = ₹249.75 + ₹675.50 = ₹925.25.

Q9: Anu wants to buy a dress priced at ₹465.75 and shoes priced at ₹256.90. What is the estimated total cost?
Ans: 
Round each price to the nearest rupee: ₹465.75 ≈ ₹466, ₹256.90 ≈ ₹257.
Estimated total = ₹466 + ₹257 = ₹723.

Q10: If you divide ₹36250 by 25, what is the quotient?
Ans: 
Perform the division: ₹36,250 ÷ 25 = ₹1,450.
Check: ₹25 × ₹1,450 = ₹36,250, so the quotient is ₹1,450.

The document Word Problem: Money is a part of the Class 4 Course Mathematics for Class 4.
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FAQs on Word Problem: Money

1. What is the importance of understanding money management for Class 4 students?
Ans. Understanding money management is essential for Class 4 students as it helps them learn how to budget, save, and spend wisely. These skills promote financial literacy, enabling students to make informed decisions about their personal finances in the future.
2. How can students learn to differentiate between various denominations of currency?
Ans. Students can learn to differentiate between various denominations of currency by engaging in hands-on activities, such as sorting and counting money. They can also use visual aids, like charts or pictures of coins and notes, to familiarise themselves with the values and appearances of different denominations.
3. What are some practical exercises to teach students about addition and subtraction of money?
Ans. Practical exercises include using play money for shopping simulations, where students add up costs and calculate change. Other activities may involve creating simple word problems related to everyday scenarios, such as buying snacks or toys, allowing students to practice addition and subtraction in a fun context.
4. How does learning about money help in developing problem-solving skills?
Ans. Learning about money helps develop problem-solving skills by encouraging students to think critically about financial situations. They learn to analyse different options, calculate expenses, and make choices that best fit their budgets, fostering analytical thinking and decision-making abilities.
5. What role does saving money play in teaching students about future planning?
Ans. Saving money plays a crucial role in teaching students about future planning as it instils the habit of setting goals and working towards them. By learning to save for specific items or experiences, students understand the value of patience, discipline, and the importance of planning for their financial needs in the long term.
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