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CTET Money — practice questions — page 2

Explore 45 free Money questions in CTET Mathematics. Open each question or exercise to read its content, reference answers and available explanation.

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Money questions and exercises with answers

Showing questions 31–45 of 45.

Sita borrows ₹2000 and repays ₹2200. The interest is?Read the answer and worked solution →In which year were the first rupee coins of the Republic of India minted?Read the answer and worked solution →In 2011, coins of what value and below were demonetised?Read the answer and worked solution →Saying a pen costs ₹10 and a book ₹50 uses money as a?Read the answer and worked solution →Keeping money safe to spend next month shows money as a?Read the answer and worked solution →How many annas made one rupee in the old anna series?Read the answer and worked solution →The rupee sign ₹ is built from Devanagari 'र' and which Latin letter?Read the answer and worked solution →In which year was the new rupee sign officially adopted?Read the answer and worked solution →In which year was the ₹500 banknote first introduced?Read the answer and worked solution →Which Act laid the legal base for the Reserve Bank of India?Read the answer and worked solution →Where are Indian banknotes printed?Read the answer and worked solution →Which of these is a coin mint city of India?Read the answer and worked solution →Who has the only right to mint coins in India?Read the answer and worked solution →A fan bought for ₹250 is sold for ₹300. The profit percent is?Read the answer and worked solution →A bag marked ₹850 is sold at 20% off. The price paid is?Read the answer and worked solution →

Worked practice questions

Sita borrows ₹2000 and repays ₹2200. The interest is?

  1. ₹2200
  2. ₹4200
  3. ₹200
  4. ₹2000
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Correct answer: C. ₹200

1. Interest is the amount above what was borrowed. 2. 2200 - 2000 = 200. 3. ₹4200 adds the two amounts. _Source: Wikipedia, Interest (CC BY-SA 4.0), Interest_

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In which year were the first rupee coins of the Republic of India minted?

  1. 1964
  2. 1947
  3. 1935
  4. 1950
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Correct answer: D. 1950

1. India became a republic in 1950. 2. The first rupee coins of the Republic were minted in 1950. 3. 1947 was independence; coins of British India stayed in use until then. _Source: Wikipedia, Coins of the Indian rupee (CC BY-SA 4.0), Coins of the Indian rupee_

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In 2011, coins of what value and below were demonetised?

  1. 25 paise
  2. 2 rupees
  3. 1 rupee
  4. 5 rupees
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Correct answer: A. 25 paise

1. On 30 June 2011 small coins were withdrawn. 2. All coins of 25 paise and below were demonetised. 3. Coins of one rupee and above remain in use. _Source: Wikipedia, Coins of the Indian rupee (CC BY-SA 4.0), Coins of the Indian rupee_

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