Money Practice Questions

Class 1 · Mathematics · 288 free MCQs with instant results and detailed explanations.

288
Total
107
Easy
153
Medium
28
Hard

Start Practicing Money

Take a timed quiz or customize your practice session

Quick Quiz (10 Qs) → Mock Test (25 Qs) ⚙ Customize

Topics in Money

Identifying Notes 98
Simple Transactions 87
Identifying Coins 103

Sample Questions from Money

Here are 10 sample questions. Start a quiz to get randomized questions with scoring.

Q1
Easy
What is the value of three 10-rupee coins?
A. 30 rupees
B. 20 rupees
C. 10 rupees
D. 40 rupees
Show Answer & Explanation
Correct Answer: A
Three 10-rupee coins each add up to a total of 30 rupees.
Q2
Easy
If you have two 5-rupee coins, how much money do you have?
A. 5 rupees
B. 10 rupees
C. 15 rupees
D. 20 rupees
Show Answer & Explanation
Correct Answer: B
Two 5-rupee coins make a total of 10 rupees.
Q3
Easy
Which of the following coins is worth the least?
A. 1 rupee coin
B. 2 rupee coin
C. 5 rupee coin
D. 10 rupee coin
Show Answer & Explanation
Correct Answer: A
The 1 rupee coin has the smallest value compared to the other coins listed.
Q4
Medium
If you need 4 coins of 1 rupee to make a total of 4 rupees, how many coins do you need to make 10 rupees?
A. 6 coins
B. 8 coins
C. 10 coins
D. 12 coins
Show Answer & Explanation
Correct Answer: C
Each 1-rupee coin represents 1 rupee, so for 10 rupees, you need 10 coins.
Q5
Medium
Which of the following coins cannot make a total of 15 rupees when using just 1-rupee, 2-rupee, and 5-rupee coins?
A. One 5-rupee coin and five 2-rupee coins
B. Three 5-rupee coins
C. Seven 1-rupee coins and four 2-rupee coins
D. Two 5-rupee coins and two 2-rupee coins
Show Answer & Explanation
Correct Answer: C
Seven 1-rupee coins equal 7 rupees, and four 2-rupee coins equal 8 rupees, totaling 15 rupees.
Q6
Medium
If you exchange a 50-rupee note for smaller coins, how many 10-rupee coins will you get?
A. 5 coins
B. 6 coins
C. 4 coins
D. 2 coins
Show Answer & Explanation
Correct Answer: A
A 50-rupee note can be exchanged for five 10-rupee coins (50/10 = 5).
Q7
Medium
Which of these coins can you NOT use to make exactly 30 rupees if you have unlimited coins?
A. 10-rupee coins
B. 5-rupee coins
C. 2-rupee coins
D. 15-rupee coins
Show Answer & Explanation
Correct Answer: D
You cannot make 30 rupees with just 15-rupee coins since it would take 2 coins and leaves no remainder.
Q8
Hard
If you have three coins of 5 rupees each, how much money do you have in total?
A. 10 rupees
B. 15 rupees
C. 20 rupees
D. 12 rupees
Show Answer & Explanation
Correct Answer: B
Three coins of 5 rupees each total 15 rupees (3 x 5 = 15).
Q9
Hard
If you trade 4 coins of 25 paise each, how many rupees do you get?
A. 1 rupee
B. 50 paise
C. 75 paise
D. 2 rupees
Show Answer & Explanation
Correct Answer: A
4 coins of 25 paise equal 100 paise, which is 1 rupee.
Q10
Hard
If you buy a toy for 50 rupees and pay with a 100 rupee note, how much change will you receive?
A. 50 rupees
B. 60 rupees
C. 40 rupees
D. 30 rupees
Show Answer & Explanation
Correct Answer: A
When you pay 100 rupees for a 50 rupee toy, your change is 100 - 50 = 50 rupees.

Showing 10 of 288 questions. Start a quiz to practice all questions with scoring and timer.

Practice All 288 Questions →

Other Class 1 Subjects

📖 English → 🌳 EVS →

Money — Class 1 Mathematics Practice Questions Online

This page contains 288 practice MCQs for the chapter Money in Class 1 Mathematics. The questions are organized by difficulty — 107 easy, 153 medium, 28 hard — so you can choose the right level for your preparation.

Every question includes a detailed explanation to help you understand the concept, not just memorize answers. Take a timed quiz to simulate exam conditions, or practice at your own pace with no time limit. This chapter covers 3 topics, giving you comprehensive coverage of the entire chapter.