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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 150 · 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.

NameDateTime takenScore ___ / 40
  1. 1.Of a ₹46000 monthly budget, 10% goes on clothes and 20% on travel. The rest is saved. How many rupees are saved?
  2. 2.A message says Aarav has won ₹25000. It asks for the UPI PIN to send the prize. What is true? (a) Prizes need your PIN (b) No PIN to receive money (c) Enter the PIN quickly
  3. 3.Aarav’s class stall spends ₹560 to make 19 greeting cards and sells all of them at ₹30 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
  4. 4.Pooja keeps ₹1800 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 4 years?
  5. 5.Karan gets ₹450 pocket money every month. How many rupees is that in one year (12 months)?
  6. 6.After 50% off, a pair of shoes costs ₹120. What was the price before the sale (in ₹)?
  7. 7.How many geometry boxes can you buy with ₹580 if one costs ₹145?
  8. 8.Nisha’s shop bill:
    1 badminton racket at ₹415
    1 storybook at ₹90
    1 T-shirt at ₹310
    What is the total bill (in ₹)?
  9. 9.Dev wants a wristwatch that costs ₹990, has ₹320 already and saves ₹50 every week. In how many weeks will Dev have enough?
  10. 10.₹1000 earns 4% simple interest per year. In how many years will the interest be ₹160?
  11. 11.Joseph has ₹56 in a piggy bank. Chacha gives Joseph ₹23 more. How many rupees does Joseph have now?
  12. 12.Meera has 8 coins of ₹5. Aarav has 3 notes of ₹20. How many more rupees does Aarav have?
  13. 13.Priya has ₹7. A toffee costs ₹2. Does Priya have enough money to buy it? (a) No (b) Yes
  14. 14.Shop A sells a badminton racket for ₹535 with free delivery. Shop B sells it for ₹315 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
  15. 15.Rahul’s class stall spends ₹1020 to make 33 cupcakes and sells all of them at ₹30 each. What is the loss (in ₹)?
  16. 16.₹51 − ₹26 =
  17. 17.2 friends run a stall selling cupcakes and make a profit of ₹700. They share it equally. How many rupees does each friend get?
  18. 18.Of a ₹28000 monthly budget, 50% goes on food and 10% on rent. The rest is saved. What percent is saved?
  19. 19.₹32 + ₹35 + ₹5 =
  20. 20.Gurpreet’s class stall spends ₹210 to make 40 friendship bands and sells all of them at ₹5 each. What is the loss (in ₹)?
  21. 21.Price list: kite ₹14, pencil ₹7, juice box ₹20, crayon box ₹35.
    Which item costs the least?     (a) pencil (b) juice box (c) crayon box (d) kite
  22. 22.Saanvi saves ₹20 every week for 11 weeks, then buys an art kit for ₹30. How many rupees are left?
  23. 23.A pair of shoes costs ₹540. The shop gives 20% off. What is the sale price (in ₹)?
  24. 24.Manav had ₹68. Manav spent ₹45 on a crayon box. How many rupees are left?
  25. 25.Lakshmi has ₹1000 for a picnic. Food costs ₹140 and tickets cost ₹850. Is ₹1000 enough? (a) Yes (b) No
  26. 26.₹1600 earns 3% simple interest per year. In how many years will the interest be ₹144?
  27. 27.Of a ₹20000 monthly budget, 25% goes on rent and 20% on food. The rest is saved. How many rupees are saved?
  28. 28.What is the smallest number of coins and notes that make ₹26?
  29. 29.Manav has ₹19 in a piggy bank. Chacha gives Manav ₹13 more. How many rupees does Manav have now?
  30. 30.Tara has 3 coins of ₹2. How many rupees does Tara have?
  31. 31.Joseph has one ₹50 piece of money. Is it a coin or a note? (a) Coin (b) Note
  32. 32.Kabir sells 36 clay diyas at ₹10 each. How many rupees does Kabir get?
  33. 33.A cricket ball costs ₹125 online. Delivery is ₹80 and a coupon takes ₹20 off. What is the final price (in ₹)?
  34. 34.Shop A sells a school bag for ₹495 with free delivery. Shop B sells it for ₹575 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
  35. 35.Kavya’s class stall spends ₹80 to make 24 paper bookmarks and sells all of them at ₹5 each. What is the profit (in ₹)?
  36. 36.The bill for a notebook and a geometry box is ₹140. A notebook costs ₹60. What does the geometry box cost (in ₹)?
  37. 37.Manav’s class stall spends ₹200 to make 17 paper bookmarks and sells all of them at ₹10 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
  38. 38.₹? + ₹2 + ₹10 = ₹17
  39. 39.Of a ₹21000 monthly budget, 20% goes on food and 25% on electricity. The rest is saved. How many rupees are saved?
  40. 40.Kavya keeps ₹1900 in a bank at 6% simple interest per year. How much money will there be after 5 years (in ₹)?

Answer key

  1. 32200
  2. No PIN to receive money
  3. Profit
  4. 504
  5. 5400
  6. 240
  7. 4
  8. 815
  9. 14
  10. 4
  11. 79
  12. 20
  13. Yes
  14. 170
  15. 30
  16. 25
  17. 350
  18. 40
  19. 72
  20. 10
  21. pencil
  22. 190
  23. 432
  24. 23
  25. Yes
  26. 3
  27. 11000
  28. 3
  29. 32
  30. 6
  31. Note
  32. 360
  33. 185
  34. 120
  35. 40
  36. 80
  37. Loss
  38. 5
  39. 11550
  40. 2470

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