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Money- 2 - Class 1 Mathematics Free MCQ Test with solutions


MCQ Practice Test & Solutions: Test: Money- 2 (10 Questions)

You can prepare effectively for Class 1 Mathematics for Class 1 with this dedicated MCQ Practice Test (available with solutions) on the important topic of "Test: Money- 2". These 10 questions have been designed by the experts with the latest curriculum of Class 1 2026, to help you master the concept.

Test Highlights:

  • - Format: Multiple Choice Questions (MCQ)
  • - Duration: 15 minutes
  • - Number of Questions: 10

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Test: Money- 2 - Question 1

Study the given information and answer the following questions. Bala put Rs. 1 into his Piggy Bank on the first day. He put Rs. 2 on the second day, Rs. 3 on the third and Rs. 4 on fourth day.  How much money does Bala have in his Piggy Bank after 4 days?

Detailed Solution: Question 1

Rs. (1+2+3+4)= Rs.10.

Test: Money- 2 - Question 2

Mohan has four Rs. 5 coins, out of which he gave 3 Rs. 5 coins to buy a toy. How much money, he is left with?

Detailed Solution: Question 2

4 Rs. 5 coins, = ? 
20. 3 coins of Rs. 5 = Rs. 15.

3 coins =

He is left with 

Test: Money- 2 - Question 3

Deepak purchased a T-shirt worth rupees four hundred. Which of the following represents this amount?

Detailed Solution: Question 3

He will pay Rs.400 for buying the T-Shirt.

Test: Money- 2 - Question 4

Cost of three items are Rs. 7, Rs. 9 and Rs. 3 respectively. Find the total cost of 3 items?

Detailed Solution: Question 4

   Rs.7 + Rs.9 = Rs.16 Rs.16 + Rs.3 = Rs.19.       

Test: Money- 2 - Question 5

What is the total of following notes? 

RBI: Old notes of 5, 10 and 100 rupees will not run from March -  informalnewz

Detailed Solution: Question 5

The total amount of these notes are Rs. 100 + Rs. 50 + Rs. 20 + Rs. 10 + Rs. 5 = Rs.185.

Test: Money- 2 - Question 6

Which of the given notes is of least value?
 

Detailed Solution: Question 6


Has least value.

Test: Money- 2 - Question 7

Choose odd one out

Detailed Solution: Question 7

Note or coin of Rs. 30 does not exist in India.

Test: Money- 2 - Question 8

How much cheaper is the handkerchief than the ice-cream? 

Detailed Solution: Question 8

Ice-cream costs Rs. 10 and handkerchief costs Rs. 6. So handkerchief is Rs. 4 cheaper than the ice-cream.

Test: Money- 2 - Question 9

Identify the total value of the following combination of money? 50p, Rs.2, Rs.10, Rs.5, 50p, 50p

Detailed Solution: Question 9

Total value of the combination of money is Rs. 18. 50 p.

Test: Money- 2 - Question 10

Rahul has Rs. 20 in his piggy bank. He plans to buy two pencils costing Rs. 6 in total, a candy for Rs. 1, and two chocolates priced at Rs. 10 together. How much money will remain in his piggy bank after making these purchases?

Detailed Solution: Question 10

Price of two pencils = Rs 6
Price of one candy = Rs 1
Price of two chocolate = Rs 10
Total Price = Rs. (6 + 1 + 10) = Rs.17.
So, remaining amount in Piggy Bank = Rs. (20 - 17) = Rs 3

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