Question 4 of 21beginner🔧 ApplyShort Answer2 marks

Think of two things that we can buy using the same note.

Correct Answer

Using a ₹10 note, we can buy: (1) One Hawa Mithai, or (2) Ten toffees.

Using a ₹100 note, we can buy: (1) Two bottles of milk, or (2) One basket of pomegranates.

Conclusion: Different combinations of items can be purchased with the same denomination of money.

Exercise: Money Concepts (Page 8) | Q: 12 | (Page Page 8)
For More Understanding

Explanation

The chapter explains that notes and coins come in different values which are used to buy different things. For example, one ₹10 note can buy one Hawa Mithai or ten toffees. Students should think of various items that cost the same amount.

Solution Steps

  1. Identify items that can be purchased with a ₹10 note: One Hawa Mithai or ten toffees.

  2. Identify items that can be purchased with a ₹100 note: Two bottles of milk or one basket of pomegranates.

  3. Recognize that different items can have the same cost and be purchased with the same denomination.