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Class 4 Exam  >  Class 4 Tests  >  Olympiad Test: Money - 1 - Class 4 MCQ

Olympiad Test: Money - 1 - Class 4 MCQ


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10 Questions MCQ Test - Olympiad Test: Money - 1

Olympiad Test: Money - 1 for Class 4 2024 is part of Class 4 preparation. The Olympiad Test: Money - 1 questions and answers have been prepared according to the Class 4 exam syllabus.The Olympiad Test: Money - 1 MCQs are made for Class 4 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Olympiad Test: Money - 1 below.
Solutions of Olympiad Test: Money - 1 questions in English are available as part of our course for Class 4 & Olympiad Test: Money - 1 solutions in Hindi for Class 4 course. Download more important topics, notes, lectures and mock test series for Class 4 Exam by signing up for free. Attempt Olympiad Test: Money - 1 | 10 questions in 20 minutes | Mock test for Class 4 preparation | Free important questions MCQ to study for Class 4 Exam | Download free PDF with solutions
Olympiad Test: Money - 1 - Question 1
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Golu went to purchase cricket kit and gave to cashier two coins of Rs 5, four notes of Rs 10, three notes of Rs 50 and two notes of Rs 500. If the price of cricket kit was Rs 1162 the change that he would have got back is -------.

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

Required amount
= [2 × 5 + 4 × 10 + 3 × 50
+ 2 × 500] – 1162
= [10 + 40 + 150 + 1000] – 1162
= 1200 = 1162
= Rs 38

Olympiad Test: Money - 1 - Question 2
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Kapil bought 5 cookies all of which having equal price. If the total amount paid is Rs 33, what was the price of one cookie?

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

Price of one cookie = 33/5 = 6.6
= Rs 6.60

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Olympiad Test: Money - 1 - Question 3
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Direction: Consider the prices of these items below to answer question.
Apple --------- Rs 180 per kg
Pen --------- Rs 8 per piece
Eraser ------- Rs 5 for 2 erasers
Chocolates------- Rs 15 for 3 chocolates

Q. Ankit wants to buy half kg apples and one chocolate. The total amount he needs to pay is

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

Total amount Ankit needs to pay

Olympiad Test: Money - 1 - Question 4
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Direction: Consider the prices of these items below to answer question.
Apple --------- Rs 180 per kg
Pen --------- Rs 8 per piece
Eraser ------- Rs 5 for 2 erasers
Chocolates------- Rs 15 for 3 chocolates

Q. If Bunny wants to buy one pen and 3 erasers, how much he needs to pay?
Detailed Solution for Olympiad Test: Money - 1 - Question 4

To find out how much Bunny needs to pay for one pen and 3 erasers, we need to calculate the total cost of these items separately and then add them together.
1. Cost of one pen:
- The price of one pen is Rs 8 per piece.
- So, Bunny needs to pay Rs 8 for one pen.
2. Cost of 3 erasers:
- The price of 2 erasers is Rs 5.
- So, the price of 1 eraser is Rs 5/2 = Rs 2.50.
- Bunny needs to buy 3 erasers, so he needs to pay Rs 2.50 * 3 = Rs 7.50.
3. Total cost:
- To find the total cost, we add the cost of the pen and the cost of the erasers.
- Rs 8 (cost of the pen) + Rs 7.50 (cost of the erasers) = Rs 15.50.
Therefore, Bunny needs to pay Rs 15.50 for one pen and 3 erasers. Hence, the correct answer is option C.
Olympiad Test: Money - 1 - Question 5
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Direction: Consider the prices of these items below to answer question.
Apple --------- Rs 180 per kg
Pen --------- Rs 8 per piece
Eraser ------- Rs 5 for 2 erasers
Chocolates------- Rs 15 for 3 chocolates

Q. One kg apples can be bought for Rs 180 and two chocolates can be bought for Rs 7.50 .This statement is ---------.
Detailed Solution for Olympiad Test: Money - 1 - Question 5

Price of two chocolates 
= 10
Hence given statement is not correct.

Olympiad Test: Money - 1 - Question 6
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Direction: Consider the prices of these items below to answer question.
Apple --------- Rs 180 per kg
Pen --------- Rs 8 per piece
Eraser ------- Rs 5 for 2 erasers
Chocolates------- Rs 15 for 3 chocolates

Q. If Manpreet has Rs 122 and he wants to buy as many chocolates he can with this amount. The number of chocolates that he can buy is:
Detailed Solution for Olympiad Test: Money - 1 - Question 6


So manpreeet can buy 24 chocolates with 2 rupess still in hand

Olympiad Test: Money - 1 - Question 7
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Direction: Consider the prices of these items below to answer question.
Apple --------- Rs 180 per kg
Pen --------- Rs 8 per piece
Eraser ------- Rs 5 for 2 erasers
Chocolates------- Rs 15 for 3 chocolates
Which of the following statement is false?
Detailed Solution for Olympiad Test: Money - 1 - Question 7

Eraser cost Rs 5 for 2 

so it becomes Rs 2.5 per peice

which means for 6 erasers, we need 6 x 2.5 = Rs 15

which is equivalent to price for 3 chocolates

Olympiad Test: Money - 1 - Question 8
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Yuvraj is very fond of reading books. Once he bought books for Rs 465 and she paid Rs 500 to the bookstore, which expression shows the correct amount of change that he will get back?
Detailed Solution for Olympiad Test: Money - 1 - Question 8

500 is the amount given and books are for 465 
so change given by the shopkeeper is 500-465 Rs

Olympiad Test: Money - 1 - Question 9
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Direction : Consider the following scenario to answer questions.

Shraddha and Shubhra are two friends and one day they decided to go to shopping together. Shraddha had Rs 1500 and Shbuhra had Rs 2000 with them. Shraddha purchase shoes for Rs 550, a skirt for Rs 275 and movie DVD for Rs 50. Shubhra purchased top for Rs 250, a bag for Rs 480, a book for Rs115 and a tennis racket for Rs 500.

Q. What is the total money spent by Shraddha and Shubhra together in shopping?
Detailed Solution for Olympiad Test: Money - 1 - Question 9

Total amount spent by Shraddha and Shubhra together in shopping
= (550 + 275 + 50) + (250 + 480 + 115 + 500)
= 875 + 1345 = Rs 2220

Olympiad Test: Money - 1 - Question 10
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Direction : Consider the following scenario to answer questions.

Shraddha and Shubhra are two friends and one day they decided to go to shopping together. Shraddha had Rs 1500 and Shbuhra had Rs 2000 with them. Shraddha purchase shoes for Rs 550, a skirt for Rs 275 and movie DVD for Rs 50. Shubhra purchased top for Rs 250, a bag for Rs 480, a book for Rs115 and a tennis racket for Rs 500.

Q. The amount left with Shubhra after shopping is ---------.
Detailed Solution for Olympiad Test: Money - 1 - Question 10

Amount left with Shubhra after Shopping
= 2000 – 1345 = 655

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