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Test: Money- 1 - Class 4 MCQ


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10 Questions MCQ Test - Test: Money- 1

Test: Money- 1 for Class 4 2024 is part of Class 4 preparation. The Test: Money- 1 questions and answers have been prepared according to the Class 4 exam syllabus.The Test: Money- 1 MCQs are made for Class 4 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Money- 1 below.
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Test: Money- 1 - Question 1

Yuvika is very fond of reading books. Once she bought books for Rs.465 and she paid Rs.500 to the bookstore, which expression shows the correct amount of change that she will get back?

Detailed Solution for Test: Money- 1 - Question 1

Remember change is giving back to, so it will be subtraction. Yuvika paid (Rs.500) more than the price of book (Rs.465) as she was not having the required exact amount. So change she will get back = Rs.500 - Rs.465 = Rs.35.

Test: Money- 1 - Question 2

Consider the following scenario to answer the questions. Five friends Simran. Aruna, Shalini, Rashmi and Kiran went together to see the football match. The amount of money that they had is represented by the figure below. The height of each tower represents the amount of money they had.

The difference between the highest and lowest amount of money is _____.

Detailed Solution for Test: Money- 1 - Question 2

Highest amount = Rs.1600 (with Kiran) Lowest amount = Rs.1200 (with Aruna) Difference = Rs.1600 - Rs.1200 = Rs.400.

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Test: Money- 1 - Question 3

Consider the prices of these items below to answer questions.

If Mohit has Rs.122 and he wants to buy as many chocolates he can with this amount. The maximum number of chocolates that he can buy is:

Detailed Solution for Test: Money- 1 - Question 3

Cost of 1 chocolate = Rs.5 For Rs.122, number of chocolates = 122 / 5 = 24 + remainder 2 Ignore the remainder part So, Maximum number of chocolates he can brought = 24. 

Test: Money- 1 - Question 4

 

 Consider the following picture to answer questions

If Rs.100 and Rs.5 notes are removed from the picture and the remaining money is divided among 4 children, each child will get Rs. _____.

Detailed Solution for Test: Money- 1 - Question 4

If Rs.100 and Rs.5 notes are removed, then remaining money = Rs.1000 + Rs.500 + Rs.50 + Rs.10= Rs.1560. This is to be divided equally among 4 children So, each child will get = 1560/4 = Rs.390.

Test: Money- 1 - Question 5

Direction: Consider the following scenario to answer the questions.
The sum of money with Rohan and Rahul is equal to money with Pooja. The total money with all three of them is Rs.150. The amount of money present with Rahul is _____.

Detailed Solution for Test: Money- 1 - Question 5

According to the question only given information is that, Rohan and Rahul has money equal to Pooja = Rs.75. But there is no information to make out that how much both of these individually has. Hence, data provided in question is not sufficient to answer this question.

Test: Money- 1 - Question 6

Kiran bought 5 cookies all of which were having equal price. If the total amount paid by her was Rs.33, what was the price of 1 cookie?

Detailed Solution for Test: Money- 1 - Question 6

Cost of 5 cookies = Rs.33 Cost of 1 cookie = 33/5 = Rs.6.60

Test: Money- 1 - Question 7

Rohan's father returned from foreign trip and he brought with him some currencies like 10 notes of 20 US Dollars, 5 notes of 10 UK pounds. If the price of 1 US Dollar = Rs.50 and price of 1 UK pound = Rs.80, then the total amount in rupees that he has is _____

Detailed Solution for Test: Money- 1 - Question 7

Price of 1 US Dollar = Rs.50 (given) Price of 1 UK pound = Rs.80 (given) Amount with Rohan's father = 10 notes of 20 US Dollars + 5 notes of 10 UK pounds = 10×20×50 + 5×10×80 = Rs.10000 + Rs.4000 = Rs.14000.

Test: Money- 1 - Question 8

Direction: Consider the following story to answer questions. In ancient times, there was a king named Vikramaditya who was very kind and helpful for poor people of his kingdom. He decided to remove poverty from his kingdom. He gave to an order to his ministers that find poor people in his kingdom. They found 1000 poor people in kingdom. So King appointed Romsingh, Vikrant and Jay Singh from his ministers to come up with idea of removing poverty. Vikrant suggested that king should distribute Rs.25 as one time allowance and Rs.5 per month for 11 months. Jaysingh suggested that king should distribute rice and wheat worth Rs.50 and also give Rs.20 every 6 months for 2 years. Ramsingh suggested that king should distribute Rs.75 to each person in the kingdom as a one-time allowance.

Whose suggestion will lead to the least expenses for the king Vikramaditya?

Detailed Solution for Test: Money- 1 - Question 8

Going by Jaysingh's advice, king's expenses = Rs.130000 (as found in Q20) Going by Vikrant's advice, kings expenses per person = Rs.80 For 1000 people, king's expenses = Rs.80×1000 = Rs.80000 Ramsingh suggested that king should distribute Rs.75 to each person in the kingdom as a one-time allowance. In this case, king's expenses = Rs.75×1000 = Rs.75000 Least of these is Rs.75000 Hence, Ramsingh's advice will lead to least expenses for king.

Test: Money- 1 - Question 9

Arrange the following amounts of money in ascending order?

Detailed Solution for Test: Money- 1 - Question 9

Arrange the money from least to greatest.

Test: Money- 1 - Question 10

Direction: Consider the following scenario to answer questions. Priya and Payal are two friends and one day they decided to go to shopping together. Priya had ₹1500 and Payal had ₹2000 with them. Priya purchased shoes for ₹550 a skirt for ₹275 and a movie DVD for ₹50. Payal purchased top for ₹250, a bag for ₹480, a book for ₹115 and a tennis racket for ₹500.

What is the total money spent by Priya and Payal together in shopping?

Detailed Solution for Test: Money- 1 - Question 10

Money spent by Priya = Rs.550 (shoes) + Rs.275 (skirt) + Rs.50 (movie DVD) = Rs.875
Money spent by Payal = Rs.250 (top) + Rs.480 (bag) + Rs.115 (book) + Rs.500 (tennis racket) = Rs.1345
The total money spent by Priya and Payal together = Rs.875 + Rs.1345 = Rs.2220.

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