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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 126 · 40 sums
TalentJR

The method (Read, plan, check): Name the type of question: count, change, bill, better buy, discount, budget, saving, interest, profit, passbook or safety. Use the method from that lesson and work step by step. Check: change is less than the money paid, a discount makes the price smaller, needs come before wants.

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  1. 1.Lakshmi buys a colour pencil set (₹110), a storybook (₹110), a cricket ball (₹150) and a lunch box (₹190). What is the total (in ₹)?
  2. 2.One paper clip costs ₹3.50. How many rupees do 4 paper clips cost? =
  3. 3.Saanvi buys a storybook (₹185), a mango (₹25), a plate of idli (₹35) and a lunch box (₹205). What is the total (in ₹)?
  4. 4.Dev keeps ₹2000 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
  5. 5.₹28.50 − ₹11 =
  6. 6.Nisha keeps ₹1900 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  7. 7.Aditya has one ₹1 piece of money. Is it a coin or a note? (a) Note (b) Coin
  8. 8.₹800 − ₹700 =
  9. 9.Dev keeps ₹1800 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 4 years?
  10. 10.Rahul spends ₹240 of ₹600 pocket money on books. What percent is that?
  11. 11.Which is worth more: a ₹100 note or a ₹5 coin? (a) 100-rupee note (b) 5-rupee coin
  12. 12.Arjun’s class stall spends ₹670 to make 26 cupcakes and sells all of them at ₹25 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
  13. 13.A sticker sheet costs ₹5. Farhan pays ₹10. How much change does Farhan get (in ₹)?
  14. 14.A balloon costs ₹8. Saanvi pays ₹50. How much change does Saanvi get (in ₹)?
  15. 15.Price list: notebook ₹45, kite ₹19, pencil ₹6, ruler ₹9.
    Which item costs the most?     (a) ruler (b) notebook (c) kite (d) pencil
  16. 16.₹32 − ₹6 =
  17. 17.Shop A sells 4 pairs of socks for ₹340. Shop B sells 2 pairs of socks for ₹100. What does one pair of socks cost at the cheaper shop (in ₹)?
  18. 18.A toffee costs ₹1. Tara pays ₹10. How much change does Tara get (in ₹)?
  19. 19.How many notes of ₹20 make ₹60?
  20. 20.How many paise are there in ₹3.50?
  21. 21.Saanvi spends ₹60 on things to make 27 cupcakes and sells them all at ₹5 each. How many rupees does Saanvi earn after paying the costs?
  22. 22.Rahul has 5 coins of ₹5. How many rupees does Rahul have?
  23. 23.Which is the smallest amount: ₹56, ₹60 or ₹76? (a) 60 rupees (b) 56 rupees (c) 76 rupees
  24. 24.A 5 kg bag of rice costs ₹315. A 2 kg bag costs ₹88. Which bag is cheaper per kg? (a) 2 kg bag (b) 5 kg bag
  25. 25.Arjun’s passbook:
    Opening balance: ₹500
    Credit (money in): ₹100
    Debit (money out): ₹350
    What is the balance now (in ₹)?
  26. 26.Aarav has ₹890 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Aarav can buy?
  27. 27.Arjun had ₹48. Arjun spent ₹2 on a toffee. How many rupees are left?
  28. 28.Which is the same money as one ₹10 note? (a) five 5-rupee coins (b) six 5-rupee coins (c) two 5-rupee coins
  29. 29.Of a ₹10000 monthly budget, 5% goes on rent and 25% on travel. The rest is saved. How many rupees are saved?
  30. 30.Arjun buys 2 kites at ₹22 each and pays ₹50. How much change does Arjun get (in ₹)?
  31. 31.A family plans ₹30000 for the month. 20% of it is for travel. How many rupees is that?
  32. 32.Vivaan gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Vivaan do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
  33. 33.After 10% off, a toy train costs ₹216. What was the price before the sale (in ₹)?
  34. 34.₹29 + ₹11 + ₹20 =
  35. 35.Zoya keeps ₹600 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
  36. 36.Count up to find the change from ₹100: ₹17 + ₹? = ₹100
  37. 37.Tara’s class stall spends ₹210 to make 20 friendship bands and sells all of them at ₹10 each. What is the loss (in ₹)?
  38. 38.Arjun takes out ₹350 from an ATM. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
  39. 39.How many pens can you buy with ₹85 if one costs ₹17?
  40. 40.A stall pays ₹10 for each cup of lemonade and sells each one for ₹18. It sells 32 cups of lemonade. What is the total profit (in ₹)?

Answer key

  1. 560
  2. 14
  3. 450
  4. 2200
  5. 17.5
  6. 1938
  7. Coin
  8. 100
  9. 504
  10. 40
  11. 100-rupee note
  12. Loss
  13. 5
  14. 42
  15. notebook
  16. 26
  17. 50
  18. 9
  19. 3
  20. 350
  21. 75
  22. 25
  23. 56 rupees
  24. 2 kg bag
  25. 250
  26. 17
  27. 46
  28. two 5-rupee coins
  29. 7000
  30. 6
  31. 6000
  32. Never share the OTP
  33. 240
  34. 60
  35. 108
  36. 83
  37. 10
  38. Debit
  39. 5
  40. 256

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