Concept of Money

Q.

₹27 = ____ coins of ₹5 + 6 coins of ₹2

1. 3

2. 2

3. 7

4. 5

Q.

Sheila has 8 two hundred rupee notes, 11 five - rupee coins, 6 two - rupee coins and 14 one - rupee coins. How much money does she have?

1. ₹4, 200

2. ₹ 1, 000

3. ₹ 1, 681

4. ₹ 2, 080

Q.

A pen costs ₹ 45 and a pencil box costs ₹ 150. How much money will we need to buy 4 pens and 5 pencil boxes ?

1. ₹ 1755

2. ₹ 950

3. ₹ 930

4. ₹ 1800

Q.

Cost of 25 balloons is ₹ 131.25. Find the cost of 10 balloons.

1. ₹ 5.25

2. ₹ 52.50

3. ₹ 150.50

4. ₹ 525.50

Q.

Cost of 5 pens is ₹125, find the cost of each pen.

1. ₹10

2. ₹60

3. ₹25

4. ₹16

Q.

By how much amount is the value of 15 two hundred rupee notes less than the value of 9 five hundred rupee notes?

1. ₹ 1500

2. ₹ 500

3. ₹ 1000

4. ₹ 1200

Q.

Cost of one piece of cake is ₹ 40. Find the cost of 8 such pieces.

1. ₹ 325

2. ₹ 400

3. ₹ 320

4. ₹ 500

Q.

A score of oranges cost ₹ 130. Find the cost of 30 oranges.

1. ₹ 1300

2. ₹ 100

3. ₹ 65

4. ₹ 195

Q.

For relief work, three states contributed ₹15, 39, 472 , ₹28, 86, 922 and ₹37, 29, 500 respectively. Find the total money collected.

1. ₹81, 25, 894

2. ₹81, 55, 894

3. ₹81, 55, 900

4. ₹81, 55, 890

Q.

A notebook costs ₹ 42.25 and a pencil costs ₹ 3.50. If Heena buys 4 notebooks and 3 pencils, what is the total cost?

1. ₹ 600.00

2. ₹ 200.30

3. ₹ 179.50

4. ₹100.00

Q. Cost of 1 kg tomato and 1 kg onion are ₹80 and ₹22, respectively. How much will Ramu pay for $\frac{3}{4}$kg tomato and $2\frac{1}{2}$kg onion ?

1. ₹124
2. ₹106
3. ₹102
4. ₹115

Q.

Question 4

If there are 50 mangoes in a box, how will you write the total number of mangoes in terms of the number of boxes? (Use b for the number of boxes.)

Q.

___ is used to refer to the study of money.

1. Computer Science

2. Economics

3. Accounting

4. Medicine

Q. is the study of money in society.

1. Computer science
2. Economics
3. Accounting
4. Medicine

Q.

Cost of a bottle of oil is ₹17.50. Find the cost of 8 such oil bottles.

1. ₹120

2. ₹140

3. ₹130

4. ₹100

Q.

The cost of one article is ₹ 121.50. How much money will I need to buy two dozen of such articles ?

1. ₹ 1500

2. ₹ 1458

3. ₹ 2916

4. ₹ 3916

Q.

Why can't we exchange Monopoly money for buying goods in a shop?

1. It has some value associated with it

2. It is perishable

3. It is very expensive

4. Monopoly money does not have any value

Q. Elizabeth buys 3.37 kg of apples and 1.24 kg of oranges. The total weight of her purchase is .

1. 4.61 kg
2. 4.51 kg
3. 5.41 kg
4. 5.51 kg

Q.

An article costs ₹ 8500. Shilpa has ₹25000. How much more money will she require to buy 3 of such articles?

1. ₹ 8500

2. ₹ 400

3. ₹ 8000

4. ₹ 500

Q. Rani took a loan of ₹20, 000 from the bank. She paid ₹1000 per month for 2 years. How much did she pay totally?

1. ₹22, 000
2. ₹24, 000
3. ₹20, 000
4. ₹26, 000

Q.

My Scooter cost ₹ 50, 325 and my friend's scooter costs ₹ 35, 875. What is the total cost of both the scooters?

1. ₹86, 200

2. ₹86, 100

3. ₹86, 500

4. ₹86, 400

Q.

The money collected by a school for earthquake victims was $₹550$ per student. If $1208$ students donated, how much money was collected? What are the values that the school is trying to inculcate in the students?

Q.

Nandini’s house is km from her school. She walked some distance and then took a bus for km to reach the school. How far did she walk?

Q.

A/An ____ is someone who helps manage your money.

1. Engineer

2. Teacher

3. Accountant

4. Doctor

Q.

1 Thousand = ____ Hundreds

1. 100

2. 10

3. 20

4. 50

Q.

Which expression could be used to find the cost of buying c cricket balls at ₹95 each and g cricket gloves at ₹248 each ?

1. $95c+248g$

2. $c+g$

3. $95+248$

4. $95c÷248g$

Q.

Marshel has ₹ 2, 00, 000 in his bank account. He decided to buy a bike worth ₹ 68, 524 and pays for it. On the same day, his friend transfers ₹ 44, 408 to his account.
Calculate the balance in his account.

1. ₹ 1, 75, 884

2. ₹ 1, 75, 784

3. ₹. 2, 75, 884

4. ₹ 1, 35, 884

Q.

$10$crore $=$ thousands

Q.

The cost of $50bagsofdal$each weighing of $25kg$is $₹20,000$ What is the cost of $75bagsofdal$

Q. _________ defined economics as "Science which deals with wealth".

1. J.B. Say
2. Robbins
3. A.C. Pigou
4. Alfred Marshall