Lakshya Education MCQs

Question: Long before the invention of money, when people wanted to get things they needed but did not have, they____. 
Options:
A.donated
B.pleaded
C.bartered
D.gave up
Answer: Option C
: C

Long before money was invented, when people needed things they did not have, they exchanged their goods andservices with others for their goods and services in return . We call itthe Barter system.

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Question 1. Manu has only ₹ 1 and ₹ 2 coins. If he wants to buy a notebook that costs ₹ 23, what is the least number of coins he needs ?

: D

Options B,C and D make ₹23. Option B: Ten ₹2 coins + Three ₹ 1 coins = 20 + 3 = ₹23 - number of coins used =13 Option C: Nine ₹2 coins + Five ₹ 1 coins = 18 + 5= ₹23 - number of coins used =14 Option D: Eleven ₹2 coins + One ₹ 1 coin= 22 + 1 = ₹23 - number of coins used =12 Hence, we use the least number of coins in option D, that is 12.
Question 2. The symbol for the Indian Rupee is ____.
  1.    Rs
  2.    Re
  3.    ₹
  4.    Mn
Answer: Option C
: C

The Indian Rupee is represented by the symbol₹.
Question 3. ₹ 135.75 = ___ paise
  1.    1357.5
  2.    13.575
  3.    13575
  4.    13.0575
Answer: Option C
: C

₹ 1.00 = 100 paise ₹ 135.75 = (135.75 × 100) paise = 13575 paise

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