The Barter System
50 kg of rice is exchanged for 25 kg of wheat. How much of wheat will one get for 150 kg of rice ?
If 100 g of flour costs ₹30, what will be the cost of 350 g of flour?
The exchange of goods in return for other goods or services is called:
Which of the following is an example of barter system?
Buying a football online
Getting a pencil free with a pencil box
Exchanging a book for a board game
Buying a pencil for ₹10 from a friend
Two dozen mangoes can be exchanged for 6 dozen of apples. How many dozens of apple will we get for 3 dozen of mangoes?
4 dozens of apples
2 dozens of apples
9 dozens of apples
3 dozens of apples
Exchanging goods or services for other goods or services without using money is called _____.
- Currency System
- Bundle of wood
- 2 kg wheat
- Rs 50
- 1 goat
- 2 silver plates
- 5 dollars
- 10 L milk
- 4 kg sugar