Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 158 · 40 sums

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.

1. 1.₹1300 earns 3% simple interest per year. In how many years will the interest be ₹195?
2. 2.After 20% off, a water bottle costs ₹560. What was the price before the sale (in ₹)?
3. 3.How many water bottles can you buy with ₹1240 if one costs ₹155?
4. 4.Rohan’s class stall spends ₹750 to make 37 cupcakes and sells all of them at ₹20 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
5. 5.How many paise are there in ₹18?
6. 6.What do 4 mangoes at ₹25 each and 2 water bottles at ₹185 each cost in all (in ₹)?
7. 7.Price list: pencil ₹6, notebook ₹45, toffee ₹1, samosa ₹18.
   How much do a samosa and a toffee cost together (in ₹)?
8. 8.Aarav’s mother has ₹1700 in her bank account. She pays ₹260 for milk and ₹150 for school books by UPI. How many rupees are left in the account?
9. 9.Isha has ₹450. First Isha pays for needs: a school uniform (₹90) and a lunch box (₹80). How many rupees are left for wants?
10. 10.A colouring book costs ₹54. Ananya has ₹20 and ₹5. How many more rupees does Ananya need?
11. 11.Vivaan spends ₹250 to start a stall and sells each friendship band for ₹15. What is the smallest number Vivaan must sell to get back the ₹250?
12. 12.₹370 + ₹380 =
13. 13.The bill for a mango and a water bottle is ₹175. A mango costs ₹40. What does the water bottle cost (in ₹)?
14. 14.₹240 − ₹120 =
15. 15.How many notes of ₹200 make ₹400?
16. 16.A dozen (12) bananas cost ₹96. What does one cost (in ₹)?
17. 17.How many paise are there in ₹20?
18. 18.Diya keeps ₹2000 in a bank at 9% simple interest per year. How much money will there be after 3 years (in ₹)?
19. 19.Kavya’s class stall spends ₹70 to make 16 clay diyas and sells all of them at ₹5 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
20. 20.Farhan got ₹90 in 9 weeks, the same amount every week. How many rupees is that each week?
21. 21.Kabir’s passbook:
    Opening balance: ₹2000
    Credit: ₹300
    Credit: ₹250
    Debit: ₹350
    Debit: ₹500
    What is the total of all the credits (in ₹)?
22. 22.Kabir has 4 notes of ₹50. Ananya has 8 notes of ₹100. How many more rupees does Ananya have?
23. 23.Priya saves ₹90 every week for 8 weeks, then buys a cricket bat for ₹300. How many rupees are left?
24. 24.Gurpreet’s father is sending ₹1000 to a friend by UPI. What should he check before he pays? (a) The name and amount (b) Nothing at all (c) Only the phone colour
25. 25.Arjun spends ₹130 on things to make 21 plates of bhel and sells them all at ₹10 each. How many rupees does Arjun earn after paying the costs?
26. 26.Meera has ₹100. In a piggy bank it stays ₹100. In a bank at 6% simple interest per year, how many rupees more will Meera have after 1 year?
27. 27.Manav keeps ₹200 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
28. 28.Shop A sells a school bag for ₹705 with free delivery. Shop B sells it for ₹765 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
29. 29.Kavya buys a pen for ₹24 and pays with a ₹100 note. How much change does Kavya get (in ₹)?
30. 30.Riya has ₹20. A kite costs ₹25. Does Riya have enough money to buy it? (a) Yes (b) No
31. 31.Meera is making a shopping list. Which of these is a want? (a) a raincoat (b) rice and dal (c) extra comic books (d) vegetables
32. 32.Joseph wants a wristwatch that costs ₹700. Joseph saves ₹20 every week. How many weeks will it take?
33. 33.₹42 + ₹35 =
34. 34.How many geometry boxes can you buy with ₹270 if one costs ₹135?
35. 35.Priya saves ₹50 every week for 7 weeks, then buys a cricket bat for ₹170. How many rupees are left?
36. 36.Vivaan keeps ₹300 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
37. 37.Shop A sells a badminton racket for ₹340 with free delivery. Shop B sells it for ₹565 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
38. 38.Rahul gets ₹200 pocket money every month. How many rupees is that in one year (12 months)?
39. 39.Gurpreet gets ₹13 every day. How many rupees is that in one week (7 days)?
40. 40.A 1 kg bag of sugar costs ₹43. A 5 kg bag costs ₹210. How many rupees per kg do you save with the cheaper bag?

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