Introduction to Money Quiz - CBSE Class 4 Mathematics

Free practice quiz: Introduction to Money (CBSE Class 4 Mathematics). 19 multiple-choice questions with answers and explanations. Play online, no sign-up needed.

Sample questions

1. What coin represents 1 rupee?

   1. 50 paise
   2. 1 rupee coin
   3. 2 rupee coin
   4. 5 rupee coin
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   Answer: B. 1 rupee coin

   The 1 rupee coin is specifically designed to represent one unit of the currency.

2. You have 50 rupees. You buy a toy for 30 rupees. How much money do you have left?

   1. 20 rupees
   2. 15 rupees
   3. 25 rupees
   4. 5 rupees
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   Answer: A. 20 rupees

   If you subtract the cost of the toy from your total amount, you have 50 - 30 = 20 rupees left.

3. If you earn 500 rupees and spend 350 rupees, how much do you save?

   1. 100 rupees
   2. 150 rupees
   3. 200 rupees
   4. 250 rupees
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   Answer: B. 150 rupees

   Savings are calculated by subtracting the amount spent from the amount earned: 500 - 350 = 150 rupees.

4. If a person spends 25% of their 800 rupees, how much do they spend?

   1. 150 rupees
   2. 200 rupees
   3. 250 rupees
   4. 300 rupees
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   Answer: B. 200 rupees

   To find 25% of 800 rupees, multiply: (25/100) * 800 = 200 rupees.

5. A restaurant bill amounts to 1210 rupees. If you pay with a 2000 rupee note, what is your change?

   1. 790 rupees
   2. 800 rupees
   3. 900 rupees
   4. 950 rupees
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   Answer: A. 790 rupees

   Change is calculated by subtracting the bill from the amount paid: 2000 - 1210 = 790 rupees.

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