Free Money 02 Practice Test - 4th Grade 

Question 1

525 paise + 200 paise + ₹ 5.00 + ₹ 10.00 = ₹ ___ and ___ paise

A.

₹ 22.00 and 25 paise

B.

₹ 22.00

C.

₹ 22.00 and 75 paise

D.

₹ 20.00 and 25 paise

SOLUTION

Solution : A

100 paise = ₹ 1.00
525 paise = 500 paise + 25 paise = ₹ 5.00 and 25 paise
200 paise = ₹ 2.00
525 paise + 200 paise + ₹ 5.00 + ₹ 10.00

= ₹ 5.00 + 25 paise + ₹ 2.00 + ₹ 5.00 + ₹ 10.00
                                                                 

=  ₹ 22.00 and 25 paise

Question 2

The currency of USA is Yen.

A.

True

B.

False

SOLUTION

Solution : B

The currency of USA is dollars. Yen is the currency of Japan.

Question 3

The cost of one candy is ₹ 88. What is the cost of ten candies?

A.

₹ 1950

B.

₹ 1000

C.

₹ 900

D.

₹ 880

SOLUTION

Solution : D

As per the question

The cost of one candy = ₹ 88

The cost of 10 candies = 88 × 10 = ₹ 880

Question 4

Ted borrows a sum of money from Zoya. In other words, Ted has taken a ___ from Zoya.

SOLUTION

Solution :

Sum of money that is borrowed to be paid back at a later date is called a LOAN.

Question 5

Manu needs to buy the following things for a project.Lens75Battery125Hardboard63Clips and pins27Bulb25He has only ₹200. How much is he falling short of his budget?

A.

₹110

B.

₹100

C.

₹105

D.

₹115

SOLUTION

Solution : D

Total amount of money Manu needs to buy things for his project = 75 + 125 + 63 + 27 + 25 = ₹315

But Manu has only ₹200.

So, he is falling short of his budget by ₹315 - ₹200  = ₹115

Question 6

Zoya has six ₹50 notes, five ₹20 notes, nine ₹10 notes and seven ₹5 coins. How much money does she have?

A.

₹525

B.

₹235

C.

₹252

D.

₹565

SOLUTION

Solution : A

As per the question, Zoya has:

Six ₹50 notes = 6×50=300
Five ₹20 notes = 5×20=100
Nine ₹10 notes = 9×10=90
Seven ₹5 coins = 7×5=35

Total amount of money Zoya has =300+100+90+35=525

Question 7

If 5 dollars = ₹ 335, find the value of 10 dollars in Indian Rupees.

A.

₹ 760

B.

₹ 750 

C.

₹ 670

D.

₹ 635

SOLUTION

Solution : C

It is given that

5 dollars = ₹ 335

10 dollars = 5 × 2 dollars = 335 × 2 = ₹ 670

Question 8

₹13 and 45 paise = ____

A.

Rs 13.45

B.

1345 paise

C.

Rs 134.50

D.

Rs 1345.00

SOLUTION

Solution : A and B

₹ 13 and 45 paise = Rs 13.45

₹ 1 = 100 paise

Hence ₹ 13.45 is also equal to (13.45×100) paise = 1345 paise

Question 9

Manu paid ₹(240 + 600) for a dozen of spinners. What is the cost of 9 spinners?

A.

₹70

B.

₹630 

C.

₹360

D.

₹100

SOLUTION

Solution : B

A dozen = 12
Cost of 12 spinners = (240+600)= 840 

  Cost of 1 spinner = 84012= 70
Cost of 9 spinners = 70×9= 630

Question 10

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?

A.

₹ 18.50

B.

₹ 8.50

C.

₹ 18.00

D.

₹ 17

SOLUTION

Solution : 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