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CBSE Class 4  >  Class 4 Test  >  Mathematics  >  Test: Money- 1 - Class 4 MCQ

Money- 1 - Free MCQ Practice Test with solutions, Class 4 Mathematics


MCQ Practice Test & Solutions: Test: Money- 1 (10 Questions)

You can prepare effectively for Class 4 Mathematics for Class 4 with this dedicated MCQ Practice Test (available with solutions) on the important topic of "Test: Money- 1". These 10 questions have been designed by the experts with the latest curriculum of Class 4 2026, to help you master the concept.

Test Highlights:

  • - Format: Multiple Choice Questions (MCQ)
  • - Duration: 20 minutes
  • - Number of Questions: 10

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Test: Money- 1 - Question 1
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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: 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
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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: 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
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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: Question 3

Solution:

  • Cost of 1 chocolate is 15/3= Rs. 5.
  • spend all the money on the chocolates to buy maximum number of choclates
  • With Rs. 122, the number of chocolates Mohit can buy is calculated as follows:
  • Divide Rs. 122 by Rs. 5: 122 / 5 = 24.
  • Ignore the remainder, as it is not enough to buy another chocolate.

Thus, Mohit can purchase a maximum of 24 chocolates.

Test: Money- 1 - Question 4
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 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: 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
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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: 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
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Kiran bought 5 cookies, all of which were equally priced. If the total amount paid by her was Rs.33, what was the price of 1 cookie?

Detailed Solution: Question 6

The cost of 5 cookies is Rs.33. To find the price of one cookie, follow these steps:

  • Divide the total amount by the number of cookies.
  • Cost of 1 cookie = Rs.33 / 5
  • Cost of 1 cookie = Rs.6.60

Test: Money- 1 - Question 7
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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: 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
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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: 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
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Arrange the following amounts of money in ascending order?

Detailed Solution: Question 9

To arrange the amounts in ascending order, list the values from the smallest to the largest: Rs. 75, Rs. 100, Rs. 150, Rs. 175, Rs. 225, Rs. 250, Rs. 275, Rs. 510, Rs. 575. Option (d) correctly represents this order. Hence, option (d) is the correct answer. 

Test: Money- 1 - Question 10
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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: 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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About this Class 4 Practice Test

This test contains 10 MCQs on Money- 1 with detailed solutions for each question. It is part of the Mathematics for Class 4 course on EduRev, designed to align with the current Class 4 syllabus. Each solution explains not just the correct answer but also gives you an understanding of the topic — not just to attempt the question but also help you prepare for the exam with practice.

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