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4th Grade > Mathematics

MONEY MCQs

Total Questions : 38 | Page 1 of 4 pages
Question 1. Long before the invention of money, when people wanted to get things they needed but did not have, they____. 
  1.    donated
  2.    pleaded
  3.    bartered
  4.    gave up
 Discuss Question
Answer: Option C. -> bartered
:
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.
Question 2. 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 ?
 Discuss Question
Answer: Option C. -> bartered
:
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 3. The symbol for the Indian Rupee is ____.
  1.    Rs
  2.    Re
  3.    ₹
  4.    Mn
 Discuss Question
Answer: Option C. ->
:
C
The Indian Rupee is represented by the symbol₹.
Question 4. Zoya spent ₹ 135.50 on a box of cookies, while Manu bought the same brand from another shop for ₹ 153.50. How much more did Manu spend than Zoya?
  1.    ₹ 18.50
  2.    ₹ 8.50
  3.    ₹ 18.00
  4.    ₹ 17
 Discuss Question
Answer: Option C. -> ₹ 18.00
:
C
Amount of money Zoya spent on the box of cookies = ₹ 135.50
Amount of money Manu spent on the same brand of cookies = ₹ 153.50
Manu paid more than Zoya for the same product.
Amount of money Manu spent more than Zoya = ( 153.50 - 135.50) = ₹ 18.00
Question 5. ₹ 135.75 = ___ paise
  1.    1357.5
  2.    13.575
  3.    13575
  4.    13.0575
 Discuss Question
Answer: Option C. -> 13575
:
C
₹ 1.00 = 100 paise
₹ 135.75 = (135.75 × 100) paise = 13575 paise
Question 6. Manu goes to the book shop with ₹ 250. He buys comics for ₹ 155 and a diary for ₹ 38. How much money does he have now?
  1.    ₹ 57
  2.    ₹ 30 
  3.    ₹ 75
  4.    ₹ 87
 Discuss Question
Answer: Option A. -> ₹ 57
:
A
Manu has ₹ 250.
He spends ₹ 155 on comicsand ₹ 38 on a diary. Total amount spent by Manu = 155 + 38 = ₹ 193
Money left with Manu = 250 - 193 = ₹57
Question 7. Which is not an example of Barter system?
  1.    Buying a pair of jeans for ₹ 1200
  2.    Trading a football for a jersey
  3.    Ted exchanging a cookie with Manu for a sticker.
  4.    Ria gives her pretty seashell in exchange for a frisbee.
 Discuss Question
Answer: Option A. -> Buying a pair of jeans for ₹ 1200
:
A
Barter system does not involve money. It only involves trading of goods and services.
Question 8. Zoya had ₹200 with her. She buys two tickets for her friend and herself for a play. The amount left with her now is ₹30. Find the cost of one ticket.
  1.    ₹30
  2.    ₹60
  3.    ₹65
  4.    ₹85
 Discuss Question
Answer: Option D. -> ₹85
:
D
Money Zoya had = ₹200
Change left with Zoya after purchasing two tickets = ₹30
Zoya spent on two tickets = Money Zoya had - Change left
=₹200 - ₹30
= ₹170
Cost of one ticket = 170 ÷ 2 = ₹85
Question 9. If 4 dresses can be bought with 8 tokens, how many dresses can be purchased with 2 tokens?
  1.    3
  2.    2
  3.    1
  4.    4
 Discuss Question
Answer: Option C. -> 1
:
C
Given that
With 8 tokens, we can buy4 dresses.
2 tokens can purchase (2×48) dresses
=88=1dress
1 dress can be purchased with 2 tokens.
Question 10. One litre of juice costs ₹ 56.00. How much juice will I get if I pay 56000 paise?
  1.    100 litres
  2.    10 litres
  3.    560 litres
  4.    20 litres
 Discuss Question
Answer: Option B. -> 10 litres
:
B
100 paise = ₹ 1
56000 paise= 56000100=₹ 560
As per the question
One litre of juice costs ₹ 56.00.
So, with₹ 560, 10 litres of juice can be bought.

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