Money

Practice Questions on Money

Solved Questions on Money

1. Kate has 2 notes of $100. How much money does she have?

One hundred dollar note

a) $100
b) $200
c) $350
d) $120

Answer: b) $200

Explanation: 2 notes of $100 = 2 x $100 = $200.

2. Which of the following can you buy from the given note?

Five US dollar note

a) Car toy
b) Toy for kids
c) Horse toy
d) Teddy bear toy

Answer: b) Toy for kids

Explanation: The toy with the price tag of $4 can be purchased from the $5.

a) $6 > $5
b) $4 < $5
c) $7 > $5
d) $8 > $5
Only in option b) we get the value less than $5

3. How many $10 notes make $40?

Ten US dollar note

a) 7
b) 6
c) 5
d) 4

Answer: d) 4

Explanation: For $10 = 1 note, 
$40 ÷ $10 = 4.

4. How much does Jim need to buy the following toys?

Two types of toys

a) $3
b) $4
c) $5
d) $6

Answer: d) $6

Explanation: $2 + $4 = $6.

5. How much cheaper is the chocolate than the burger?

Burger and chocolate

a) $1
b) $2
c) $3
d) $4

Answer: d) $4

Explanation: $6 - $2 = $4.

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