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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 186 · 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.A family plans ₹10000 for the month. 10% of it is for school fees. How many rupees is that?
  2. 2.A pair of shoes costs ₹280. The shop gives 20% off. How many rupees is the discount?
  3. 3.Diya is making a shopping list. Which of these is a want? (a) rice and dal (b) extra comic books (c) soap (d) school shoes
  4. 4.₹48 − ₹27 =
  5. 5.There are 20 children in a class. Each child needs one plate of idli at ₹35. What is the total cost (in ₹)?
  6. 6.For Ananya, is “a third cricket bat” a need or a want? (a) Need (b) Want
  7. 7.Meera has 3 notes of ₹100, 3 notes of ₹10 and 3 coins of ₹5. How many rupees does Meera have?
  8. 8.Riya’s class stall spends ₹780 to make 25 paper bookmarks and sells all of them at ₹30 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
  9. 9.Rahul’s passbook:
    Opening balance: ₹2800
    Credit: ₹50
    Credit: ₹150
    Debit: ₹100
    Credit: ₹50
    What is the total of all the credits (in ₹)?
  10. 10.Diya has a budget of ₹1500 for a birthday party. The decorations cost ₹90, the return gifts cost ₹210 and the snacks cost ₹60. How many rupees are left?
  11. 11.Meera has 3 notes of ₹200, 4 notes of ₹10 and 4 coins of ₹5. How many rupees does Meera have?
  12. 12.Kavya has 9 notes of ₹50. Isha has 5 coins of ₹2. Who has more money? (a) Kavya (b) Isha
  13. 13.Priya has one ₹200 piece of money. Is it a coin or a note? (a) Coin (b) Note
  14. 14.A ruler costs ₹12. Dev pays ₹50. How much change does Dev get (in ₹)?
  15. 15.Gurpreet has 5 coins of ₹2. How many rupees does Gurpreet have?
  16. 16.₹50 + ₹? + ₹100 = ₹151
  17. 17.Vivaan has a budget of ₹1000 for a birthday party. The return gifts cost ₹60, the decorations cost ₹60 and the juice cost ₹80. How many rupees are left?
  18. 18.How many cricket balls can you buy with ₹270 if one costs ₹135?
  19. 19.How many coins of ₹2 does Joseph need to make ₹10?
  20. 20.Arjun wants to save ₹330 for a board game in 11 weeks, the same amount each week. How many rupees must Arjun save each week?
  21. 21.₹18 − ₹1.50 =
  22. 22.A school bag costs ₹180. The shop gives 10% off. What is the sale price (in ₹)?
  23. 23.₹500 earns 7% simple interest per year. In how many years will the interest be ₹35?
  24. 24.Count up to find the change from ₹500: ₹123 + ₹? = ₹500
  25. 25.Rohan has 7 coins of ₹1. Kabir has 2 notes of ₹20. Who has less money? (a) Kabir (b) Rohan
  26. 26.Manav gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Manav do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
  27. 27.₹14 + ₹31 + ₹9 =
  28. 28.How many paise are there in ₹13?
  29. 29.How many notes of ₹20 make ₹40?
  30. 30.Which is worth more: a ₹50 note or a ₹10 coin? (a) 10-rupee coin (b) 50-rupee note
  31. 31.3 friends run a stall selling paper bookmarks and make a profit of ₹1140. They share it equally. How many rupees does each friend get?
  32. 32.A board game costs ₹820. Offer 1: 10% off. Offer 2: ₹310 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
  33. 33.A 2 kg bag of tomatoes costs ₹60. A 10 kg bag costs ₹230. Which bag is cheaper per kg? (a) 2 kg bag (b) 10 kg bag
  34. 34.Riya has 10 coins of ₹10. How many rupees does Riya have?
  35. 35.A football costs ₹220. The shop gives 10% off. What is the sale price (in ₹)?
  36. 36.A ruler costs ₹14. Priya pays ₹20. How much change does Priya get (in ₹)?
  37. 37.Which is worth more: a ₹500 note or a ₹20 coin? (a) 500-rupee note (b) 20-rupee coin
  38. 38.What do 5 water bottles at ₹120 each and 2 storybooks at ₹165 each cost in all (in ₹)?
  39. 39.Ishaan has ₹9. A banana costs ₹6. Does Ishaan have enough money to buy it? (a) Yes (b) No
  40. 40.Of a ₹19000 monthly budget, 5% goes on rent and 30% on travel. The rest is saved. What percent is saved?

Answer key

  1. 1000
  2. 56
  3. extra comic books
  4. 21
  5. 700
  6. Want
  7. 345
  8. Loss
  9. 250
  10. 1140
  11. 660
  12. Kavya
  13. Note
  14. 38
  15. 10
  16. 1
  17. 800
  18. 2
  19. 5
  20. 30
  21. 16.5
  22. 162
  23. 1
  24. 377
  25. Rohan
  26. Never share the OTP
  27. 54
  28. 1300
  29. 2
  30. 50-rupee note
  31. 380
  32. Offer 2
  33. 10 kg bag
  34. 100
  35. 198
  36. 6
  37. 500-rupee note
  38. 930
  39. Yes
  40. 65

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