Money(5th Grade > Mathematics ) Questions and answers for exam Preparation

5th Grade > Mathematics

MONEY MCQs

Total Questions : 20 | Page 1 of 2 pages

Question 1. Glen borrowed ₹375 from his brother. He gave it back to his brother in five rupee coins. How many coins did he give?

Discuss Question

Answer: Option D. -> 75
:
D
Money borrowed = ₹ 375
Glengave it back tohis brother in ₹ 5 coins.

Number of ₹5 coins = \frac{₹ 375}{₹ 5} = 75

Therefore, Glen gave 75 five rupee coins tomake ₹ 375.

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

Discuss Question

Answer: Option A. -> 3
:
A
We need to split up₹ 27 in terms of₹ 5 and₹ 2 coins.
6 coins of₹ 2 = 6 x₹ 2 =₹ 12
To find out how many coins of₹ 5 we need, we first subtract₹ 12 from₹ 27 .
₹ 27-₹ 12= 15
We need this₹ 15in terms of₹ 5 coins. To find the number of₹ 5 coins, we divide 15 by 5.

∴

We need

\frac{₹ 15}{₹ 5} = 3

coins of₹ 5.
i.e.,₹ 27 = 3coins of ₹5+ 6 coins of ₹2

Question 3. 1 Rupee = ___ paise

10
100
1000
10000

Discuss Question

Answer: Option B. -> 100
:
B
1 rupee is equal to 100 paise.

Question 4. Manju had these coins as shown below. She exchanged them all for ₹ 20 notes. How many ₹ 20 notes did she get?

\begin{matrix} Denomination & Quantity ₹ 10 & 3 ₹ 5 & 14 ₹ 2 & 8 ₹ 1 & 4 \end{matrix}

Discuss Question

Answer: Option B. -> 6
:
B

\begin{matrix} Denomination & Quantity & Value ₹ 10 & 3 & ₹ 10 \times 3 = ₹ 30 ₹ 5 & 14 & ₹ 5 \times 14 = ₹ 70 ₹ 2 & 8 & ₹ 2 \times 8 = ₹ 16 ₹ 1 & 4 & ₹ 1 \times 4 = ₹ 4 \end{matrix}

For ₹120, sheneeds 6 notes of ₹20as

6 \times ₹ 20 = ₹ 120.

Therefore, she will get 6 twenty rupee notes.

Question 5. A team has ₹ 420 to buy some gifts. Each gift costs ₹ 70. How many gifts can they buy?

Discuss Question

Answer: Option D. -> 6
:
D
Total money with the team = ₹ 420
Cost of each gift = ₹ 70

Number of gifts they can buy = \frac{Total money}{Cost of each gift}

= \frac{₹ 420}{₹ 70} = 6

Question 6. By how much amount is the value of 15 two hundred rupee notes less than the value of 9 five hundred rupee notes?

₹ 500
₹ 1500
₹ 1000
₹ 1200

Discuss Question

Answer: Option B. -> ₹ 1500
:
B
15 two hundred rupee notes

= 15 \times ₹ 200 = ₹ 3000

9 five hundred rupeenotes

= 9 \times ₹ 500 = ₹ 4500

When ₹ 3000 is deducted from ₹ 4500, we get:

4500 - 3000 - ------ - 1500 - ------ -

∴

15 two hundred rupee notes is less than 9 five hundred rupee notesby ₹1500.

Question 7. If 100 g of flour costs ₹30, what will be the cost of 350 g of flour?

₹ 35
₹ 115
₹ 30
₹ 105

Discuss Question

Answer: Option D. -> ₹ 105
:
D

Cost of 100 g of flour = ₹ 30

\Rightarrow Cost of 1 g of flour = ₹ \frac{30}{100} = ₹ \frac{3}{10}

∴ Cost of 350 g of flour = 350 \times ₹ \frac{3}{10}

= 35 \times ₹ 3

= ₹ 105

Question 8. A box had 10 five rupee coins. If three friends A, B and C picked three, five and two coins respectively, then how much did each friend get?

All of them got equal amount.
A - ₹ 15 B - ₹ 25 C - ₹ 10
A - ₹ 10 B - ₹ 25 C - ₹ 15
A - ₹ 20 B - ₹ 25 C - ₹ 15

Discuss Question

Answer: Option B. -> A - ₹ 15 B - ₹ 25 C - ₹ 10
:
B
There are 10 five rupee coinsin the box.
A took three coins.
So, Agot3

\times

₹ 5 = ₹ 15.
B took fivecoins.
So, B got5

\times

₹ 5 = ₹ 25.
C took twocoins.
So, C got2

\times

₹ 5 = ₹ 10.

Question 9. Rina had ₹ 550 with her and spent ₹ 199. How much money is left with her?

₹ 350
₹352
₹349
₹ 351

Discuss Question

Answer: Option D. -> ₹ 351
:
D
Total amount = ₹ 550
Amount spent = ₹ 199
Money left with her = Total amount - amount spent
= ₹550 - ₹199

4 / 5 14 / 5 10 / 0 - 199 - ------ - 351 - ------ -

Therefore, money left with her is₹351.

Question 10. 1 bottle ketchup costs ₹ 45 and 1 block of cheese costs ₹ 215.
Find the total cost of 4 blocks of cheese and 3 bottles of ketchup. What is the change Romi will get back if he gives ₹ 1000 to the shopkeeper?