Practice Exam – Money

Section A – Create the best possible combination for the price of the products mentioned using the
below notes and coins (5 Marks)
Q1. Rs. 2506 Q2. Rs. 799

Q3. Rs. 9650 Q4. Rs. 1130

Q5. Rs. 2338

Section B – Using the prices, calculate how much one has to pay for the products they buy (10
Marks)

Rs. 40 Rs. 28 Rs. 30 Rs. 20 Rs. 30

Q6. Aakriti buys 5 apples, 4 mangoes and 4 bananas

Q7. Rahul buys 3 Coconuts, 5 apples and 7 bananas

Q8. Shahid buys 3 mangoes, 5 Oranges and 2 Bananas

Q9. Farhan buys 2 each of apples and mangoes, 5 oranges and a dozen bananas

Q10. Ramesh and Asif both pay equally for 3 dozen bananas, half dozen oranges and a dozen
mangoes

Section C – Word Problems

Q11. Rahul and his team of 4 players are playing cricket and the batsman hits the ball out of the
park. The team looks for it but can’t find the ball. They go to a shop and ask for a ball. The
shopkeeper tells them each ball costs Rs. 50, but if they buy 2 he will give them a Rs. 10 discount.
How much do Rahul and his team have to pay if – (5 marks)

a. They buy 1 ball (0.5 Marks)

b. They buy 2 balls (0.5 Marks)
c. Only Rahul and one more boy buys 1 ball (1.5 Marks)
d. Except one boy, all contribute to buy 2 balls (1.5 Marks)
e. Rahul alone buys 2 balls (1 Mark)

Q12. Asif and his roommate Rohan want to buy a TV. They go to the showroom and look at a few
brands. They finally decide to buy 1 TV from Samsung. The shopkeeper tells them the price of the TV
is Rs. 28,999 plus 5220 as tax. They can either buy the same at one go or they can pay for the TV in 6
equal installments, with 4,999 and tax to be paid upfront and remainder amount for the next 6
months. Delivery charges of the TV will be Rs. 250 extra. What would be the amount to be paid if –

a. Rohan and Asif buy the TV at one go and take it home by themselves. Both pay equally (1
Mark)
b. Rohan buys the TV on installments and asks for delivery. What is each installment cost and
total cost of TV (1 Mark)
c. Asif decides to make the upfront payment and first two installments, while Rohan pays the
remainder installments. TV is delivered free of cost here. How much do each of them pay (3
Marks)