1
Bronze
How many paise are in ₹1?
A 10
B 50
C 100
D 1000
▶ Show Answer
Correct: C) 100
₹1 = 100 paise. So ₹2 = 200 paise and 50 paise = ₹0.50.
Money Questions for Class 2 Olympiad | Grade 2 Math IMO | Glovoy
Class 2 Math 5 free questions · Updated March 2026
Money questions in Class 2 Math Olympiad combine number skills with real-world context — making change, calculating totals and comparing prices. Bronze questions test basic currency facts. Silver questions involve a transaction: how much was spent, how much change is received? Gold questions require working with fractions of an amount or combining multiple note and coin denominations to find a total. A child who understands that ₹1 = 100 paise and can work confidently with mixed amounts will be well prepared for all three difficulty levels.
Free Practice Questions
2
Silver
Priya buys a pencil for ₹8 and an eraser for ₹5. She pays with a ₹20 note. How much change does Priya get?
A ₹6
B ₹7
C ₹8
D ₹12
▶ Show Answer
Correct: B) ₹7
Total spent: ₹8 + ₹5 = ₹13. Change: ₹20 − ₹13 = ₹7.
3
Silver
Aarav saves ₹15 every week. How much does Aarav save in 6 weeks?
A ₹75
B ₹85
C ₹90
D ₹95
▶ Show Answer
Correct: C) ₹90
6 × ₹15 = ₹90. Aarav saves ₹90 in 6 weeks.
4
Gold
Maya wants to buy a storybook costing ₹125. She has one ₹50 note, three ₹20 notes and seven ₹5 coins. Does Maya have enough money? If yes, how much extra does she have?
A No, she is ₹20 short
B Yes, she has ₹10 extra
C Yes, she has ₹20 extra
D Yes, she has ₹30 extra
▶ Show Answer
Correct: C) Yes, she has ₹20 extra
Maya's total: ₹50 + (3 × ₹20) + (7 × ₹5) = ₹50 + ₹60 + ₹35 = ₹145. Extra: ₹145 − ₹125 = ₹20.
5
Gold
Rohan has ₹200. He spends 1/4 of it on books and 2/5 of it on stationery. How much money does Rohan have left?
A ₹60
B ₹70
C ₹80
D ₹90
▶ Show Answer
Correct: B) ₹70
Books: 1/4 × ₹200 = ₹50. Stationery: 2/5 × ₹200 = ₹80. Total spent: ₹50 + ₹80 = ₹130. Left: ₹200 − ₹130 = ₹70.
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