Money is an essential part of economic transactions and financial planning in everyday life. Learning to calculate interest, profit, loss, discounts, and budgets helps you develop financial awareness. The Money Quiz for Class 6 prepares you to make informed decisions about spending, saving, and investing. It is a practical skill that you will use throughout your life in various situations. Solve these 10 MCQs to assess your understanding of money and financial calculations.
A school arranges a field trip for 250 students. The total cost of transportation is $9,750, and the total cost of tickets for all students is $18,250. The school also provides lunch at $8 per student. How much is the total cost of the field trip?
Answer: (a) $30,000
A bookshop sells 2,450 books per month. If the average price of each book is $17.50, how much money does the shop earn in 6 months?
Answer: (b) $257,250
A construction company is building 125 apartment units. Each apartment costs $145,600 to build. The company is selling each unit for $189,750. If all units are sold, what is the company's total profit?
Answer: (d) $5,518,750
A train company sells 5 different types of tickets each day: Regular Ticket: 1,250 tickets at $8.50 each Express Ticket: 850 tickets at $12.75 each First-Class Ticket: 350 tickets at $25 each Sleeper Ticket: 200 tickets at $38 each VIP Ticket: 100 tickets at $75 each What is the total daily income from ticket sales?
Answer: (b) $45,312.50
A sports stadium sells snacks during a football match. The stadium sells: 4,000 packets of popcorn at $5.25 each 3,500 hotdogs at $7.75 each 2,750 soft drinks at $3.50 each What is the total amount earned from these sales?
Answer: (c) $57,750.00
A company produces 500 bags every week. Each bag costs $48 to make and is sold for $75. How much profit does the company make in 4 weeks?
Answer: (a) $54,000
Maya and Noah are collecting tickets at the school fair. Each ticket costs $4. Maya collected 35 tickets, and Noah collected 48 tickets. What is the total amount of Floops collected by Maya and Noah together?
Answer: (c) $332
Anya picked 18 Blums from her orchard and sold them for $40 each. Ben picked 12 similar Blums and sold them for $50 each. What is the difference in the amount of Anya and Ben earned?
Answer: (a) $120
A currency exchange office in Berlin (Germany) converts foreign currencies: USD to EUR: 1,500,000 USD exchanged at 1 USD = 0.91 EUR GBP to EUR: 950,000 GBP exchanged at 1 GBP = 1.16 EUR AUD to EUR: 2,100,000 AUD exchanged at 1 AUD = 0.60 EUR How many total euros (EUR) are exchanged?
Answer: (b) €3,727,000
A printer prints 30 pages for every $1.50 spent on ink. Emma has to print 240 pages, but she prints half of them in color, which uses twice as much ink as black-and-white. The remaining half are printed in black-and-white. How much will Emma spend on ink in total?
Answer: (d) $18
| Topic | Quiz |
|---|---|
| Knowing our Numbers | Quiz on Knowing our Numbers |
| Computation Operations | Quiz on Computation Operations |
| Fractions and Decimals | Quiz on Fractions and Decimals |
| Measurements | Quiz on Measurements |
| Money | Quiz on Money |
| Time | Quiz on Time |
| Temperature | Quiz on Temperature |
| Mensuration | Quiz on Mensuration |
| Symmetry and Data Handling | Quiz on Symmetry and Data Handling |
