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Test: Money - 2 - CTET & State TET MCQ

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20 Questions MCQ Test - Test: Money - 2

Test: Money - 2 for CTET & State TET 2024 is part of CTET & State TET preparation. The Test: Money - 2 questions and answers have been prepared according to the CTET & State TET exam syllabus.The Test: Money - 2 MCQs are made for CTET & State TET 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Money - 2 below.

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Test: Money - 2 - Question 1

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Which of these combinations cannot be used to buy a shirt of Rs. 350?

Detailed Solution for Test: Money - 2 - Question 1

Rs. (100 + 100 + 100) = Rs. 300 which is less than Rs. 350.

Test: Money - 2 - Question 2

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Which coin is of the lowest value?

Detailed Solution for Test: Money - 2 - Question 2

10 p is of the lowest value.

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Test: Money - 2 - Question 3

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Rs. 20 note is equal to ________ Rs. 5 notes.

A.
Five
B.
Three
C.
Four
D.
Two

Detailed Solution for Test: Money - 2 - Question 3

Rs. 20 note is equal to four Rs. 5 notes.

Test: Money - 2 - Question 4

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Rani bought a textbook of worth Rs. 8 and she gave the cashier Rs. 10 note. How much she will receive back?

A.
Rs. 3
B.
Rs. 2
C.
Rs. 4
D.
Rs. 5

Detailed Solution for Test: Money - 2 - Question 4

Amount of money = Rs.10
Price of a textbook =− Rs. 8
Amount she received back = Rs.2

Test: Money - 2 - Question 5

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Rs. 9.70 in words is equal to

A.
Nine rupees seventeen paise
B.
Nine rupees seventy paise
C.
Nine rupees seventy five paise
D.
Nine rupees sixty paise

Detailed Solution for Test: Money - 2 - Question 5

Rs. 9.70 in words is equal to nine rupees and seventy paise.

Test: Money - 2 - Question 6

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Bhanu has 4 times as much money as Shekhar. If Shekhar receives Rs. 22.50 from Bhanu, they would have an equal amount of money. How much money does Shekhar have at first?

A.
Rs. 15
B.
Rs. 45
C.
Rs. 32
D.
Rs. 38

Detailed Solution for Test: Money - 2 - Question 6

Test: Money - 2 - Question 7

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A man buys toffees at 10 for Rs. 3 and sells at 8 for Rs. 3. What is his gain percent?

A.
20%
B.
40%
C.
27%
D.
25%

Detailed Solution for Test: Money - 2 - Question 7

Test: Money - 2 - Question 8

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A taxi-driver, filled his car petrol tank with 40 litres of petrol on Monday. The next day, he filled the tank with 50 litres of petrol. If the petrol costs Rs.44 per litre, how much did he spend in all on petrol?

A.
3960
B.
3890
C.
3760
D.
3280

Detailed Solution for Test: Money - 2 - Question 8

Petrol filled on Monday = 40 litres

Petrol filled on the next day (Tuesday) = 50 litres

Cost of 1 litre of petrol =Rs. 44

Now, the amount spent in overall petrol =Rs. (44 × (40+50))

=44 × 90
=44 × (100−10)
Since, Distributive property over subtraction:
a×(b−c)=(a×b)−(a×c)

⇒44×(100−10)

=44×100−44×10

=4400–440

=3960

Therefore, he spent Rs. 3960 on petrol.

Test: Money - 2 - Question 9

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Which amount is enough to buy a toy car and a doll?

Detailed Solution for Test: Money - 2 - Question 9

Price of toy car = Rs. 15. Price of doll = Rs. 50 Total amount = 50 + 15 = Rs. 65. The option has Rs. 50 + Rs. 20 = Rs. 70. This amount is enough to purchase both items.

Test: Money - 2 - Question 10

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Two coins of Rs.1 = ________.

A.
20 p
B.
200 p
C.
100 p
D.
50 p

Detailed Solution for Test: Money - 2 - Question 10

Rs. = 100 p Two Rs. 1 = Rs. 2 = 200 p.

Test: Money - 2 - Question 11

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Mr. Vikram bought a flask and two identical teapots. He gave the cashier Rs. 100 and recovered Rs. 18 in change. How much did each teapot cost if the flask costs Rs. 34?

A.
Rs. 48
B.
Rs. 36
C.
Rs. 82
D.
Rs. 24

Detailed Solution for Test: Money - 2 - Question 11

Total bill = 100 - 18 = Rs 82.

Out of which Rs 34 was for the flask = 82 - 34 = Rs. 48

Cost of each teapot = 48/2 = 24Rs.

Test: Money - 2 - Question 12

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Praveen bought 8 books and 3 dictionaries. He gave the cashier Rs. 200 and received Rs. 59.05 in change. If each dictionary costs Rs. 30.85, find the cost of each book.

A.
Rs. 6.05
B.
Rs. 92.55
C.
Rs. 140.95
D.
Rs. 48.40

Detailed Solution for Test: Money - 2 - Question 12

Total bill = 200 - 59.05 = Rs 140.95

Out of which Rs 30.85 was for one dictionary =140.95 - (30.85*3)

Because there were 3 dictonaries.

Remaining balance = 48.4

Cost of each book = 48.4/8

Rs 6.05

Test: Money - 2 - Question 13

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The usual selling price of an encyclopaedia set is Rs.780. At a book fair, the same set is sold at 70% of the usual price. How much money will 14 such sets cost at the book fair?

A.
Rs. 2340
B.
Rs. 3276
C.
Rs. 5335
D.
Rs. 7644

Detailed Solution for Test: Money - 2 - Question 13

14 sets would cost = Rs 7644 at the book fair

Test: Money - 2 - Question 14

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Which combination of coins can be use to buy a toffee?

Detailed Solution for Test: Money - 2 - Question 14

Price of toffee = 90 p 50 p + 20 p + 20 p = 90 p. Therefore, option is correct answer.

Test: Money - 2 - Question 15

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Naresh saves Rs. 300. His brother, Suresh, saves Rs. 220. How much money must Naresh give his brother so that both of them will have the same amount of money?

A.
Rs. 40
B.
Rs. 520
C.
Rs. 80
D.
Rs. 100

Detailed Solution for Test: Money - 2 - Question 15

To have same amount of money we will add the money both brothers have and divide by 2.

Total = 220 + 300 = 520

520/2 = 260 Rs

This means both brothers should have 260 Rs.

Therefore, 260 - 220 = 40 rs should be given

Test: Money - 2 - Question 16

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A total of 576 buttons and pins were shared equally among; some children. Each child received 4 buttons and 5 pins. How many children and buttons were there respectively?

A.
256 buttons, 64 children
B.
256 children, 64 buttons
C.
64 buttons, 64 children
D.
256 children, 256 buttons

Detailed Solution for Test: Money - 2 - Question 16

Number of children = 64

Nukmber of buttons = 256

Test: Money - 2 - Question 17

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How many 50 p coins are there in Rs. 2?

A.
3
B.
4
C.
2
D.
5

Detailed Solution for Test: Money - 2 - Question 17

50p + 50p = Rs.1.50p + 50p + 50p + 50p = Rs.2. Therefore, four 50 p coins are equal to Rs. 2.

Test: Money - 2 - Question 18

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Each bag of marbles cost Rs. 2. How much 15 bags of marbles cost?

A.
Rs. 30
B.
Rs. 40
C.
Rs. 35
D.
Rs. 45

Detailed Solution for Test: Money - 2 - Question 18

Each bag of marbles = Rs. 2 15 bags of marbles = 15 × Rs. 2 = Rs. 30

Test: Money - 2 - Question 19

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Maya and Preeti shared Rs.3480. Maya received five times as much money as Preeti. Maya saved half the money she received. If Preeti bought 8 books at Rs. 7 each and saved the rest of the money, how much money did Preeti and Maya save altogether?

A.
Rs. 1479
B.
Rs. 1947
C.
Rs. 1974
D.
Rs. 1794

Detailed Solution for Test: Money - 2 - Question 19

Preeti and Maya saved Rs 1974 together.

Test: Money - 2 - Question 20

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The cost of an antique vase is Rs. 80. Find the cost of 5 such antique vases.

A.
Rs. 320
B.
Rs. 400
C.
Rs. 300
D.
Rs. 360

Detailed Solution for Test: Money - 2 - Question 20

Cost of one = Rs 80

Cost of 5 = 80*5 = 400

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Money - 2 MCQs with Answers

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