Secondary School (English Medium) (5 to 8) Class 5 - CBSE Question Bank Solutions

The meeting of the Meenkar Bank has just begun. Fazila is the president. Twenty fisherwomen have made their own bank. Each saves Rs 25 every month and puts it in the bank.

How much money will be collected in ten years?

Floramma - Let us first calculate for 6 kg of fresh fish.

• We dried 6 kg fresh fish to get _____ kg dried fish.
• For 6 kg fresh fish we have to pay 6 × ______ = Rs 90.
• We will sell 2 kg dried fish and get 2 × ______ = Rs ______
• So if we dry 6 kg fresh fish we will earn ______ – 90 = Rs ______
• But if we dry 6000 kg we can earn Rs ______ × 1000 in one month!

The meeting of the Meenkar Bank has just begun. Fazila is the president. Twenty fisherwomen have made their own bank. Each saves Rs 25 every month and puts it in the bank.

How much money does the group collect each month?

The women of Meenkar Bank also want to start a factory to dry fish. The Panchayat has given them some land for that. Over the years they have saved Rs 74,000. They find out how much they will need for the factory.
Fazila writes the things they need to buy to begin. See the table for the cost of each item and the number of items they want to buy. Find the total cost.

Total cost to set up the factory = ______

When fresh fish is dried it becomes `1/3` its weight.

In one month they plan to dry 6000 kg of fresh fish.

How much-dried fish will they get in a month?

Jhansi - I found that for 6000 kg fish we would need 1500 kg salt every month! Its price is Rs 2 per kg.

Monthly costs:

a) Salt 1500 x 2 = Rs ______

b) Packing and bus charges = Rs 3000

So the total monthly cost of drying and selling the fish = Rs ______

Fazila - That sounds very good! Our calculations tell us that every month our Bank will earn Rs 44,000!

Check to see if you also get the same answer.