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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 188 · 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 cricket bat costs ₹500. Offer 1: 10% off. Offer 2: ₹230 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
  2. 2.Vivaan has ₹450 for return gifts. Each gift costs ₹25. What is the greatest number of gifts Vivaan can buy?
  3. 3.Price list: juice box ₹20, crayon box ₹50, ice candy ₹12, biscuit packet ₹13.
    How much do a biscuit packet and a juice box cost together (in ₹)?
  4. 4.Shop A sells 3 geometry boxes for ₹285. Shop B sells 6 geometry boxes for ₹540. Which shop is cheaper for one geometry box? (a) Shop A (b) Shop B
  5. 5.₹29 − ₹7.50 =
  6. 6.Diya makes 2 clay diyas an hour and sells each one for ₹5. How many rupees can Diya earn from 4 hours of work?
  7. 7.For Sneha, is “a school uniform” a need or a want? (a) Want (b) Need
  8. 8.What is the smallest number of coins and notes that make ₹193?
  9. 9.Ananya keeps ₹300 in a bank. After 3 years the simple interest is ₹27. What is the rate of interest per year (in %)?
  10. 10.Riya’s passbook:
    Opening balance: ₹3000
    Credit (money in): ₹1000
    Debit (money out): ₹?
    Closing balance: ₹2050
    How many rupees was the debit?
  11. 11.₹250 + ₹120 =
  12. 12.Karan has 9 coins of ₹1. How many rupees does Karan have?
  13. 13.Rahul’s piggy bank has 2 coins of ₹20, 5 coins of ₹10 and 5 coins of ₹5. How many rupees are in it?
  14. 14.The bill for 4 water bottles and a mango is ₹1015. A water bottle costs ₹245. What does the mango cost (in ₹)?
  15. 15.Aarav wants to save ₹500 for a cricket bat in 5 weeks, the same amount each week. How many rupees must Aarav save each week?
  16. 16.Price list: juice box ₹20, glue stick ₹25, ruler ₹9, eraser ₹2.
    Which item costs the least?
    (a) eraser (b) juice box (c) ruler (d) glue stick
  17. 17.Aarav spends ₹60 of ₹200 pocket money on books. What percent is that?
  18. 18.Dev’s class stall spends ₹180 to make 20 clay diyas and sells all of them at ₹15 each. What is the profit (in ₹)?
  19. 19.Aarav has 2 notes of ₹500. How many rupees does Aarav have?
  20. 20.Aditya gets ₹95 pocket money every week. How many rupees is that in 10 weeks?
  21. 21.Karan buys a cricket ball for ₹140 and a water bottle for ₹195, and pays with a ₹500 note. How much change does Karan get (in ₹)?
  22. 22.What do 2 notebooks at ₹40 each and 2 T-shirts at ₹285 each cost in all (in ₹)?
  23. 23.₹14.50 − ₹9 =
  24. 24.Of a ₹42000 monthly budget, 5% goes on rent and 40% on school fees. The rest is saved. How many rupees are saved?
  25. 25.Shop A sells a water bottle for ₹155 with free delivery. Shop B sells it for ₹170 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
  26. 26.₹240 − ₹160 =
  27. 27.One tiny sticker costs 50 paise. How many rupees do 7 tiny stickers cost? =
  28. 28.A water bottle costs ₹580. The shop gives 10% off. How many rupees is the discount?
  29. 29.Which is worth more: a ₹500 note or a ₹20 note? (a) 500-rupee note (b) 20-rupee note
  30. 30.Ananya buys a lunch box for ₹255 and a water bottle for ₹120, and pays with a ₹500 note. How much change does Ananya get (in ₹)?
  31. 31.Kavya’s class stall spends ₹780 to make 40 cups of lemonade and sells all of them at ₹20 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
  32. 32.Riya’s piggy bank has 1 coin of ₹20, 5 coins of ₹2 and 2 coins of ₹1. How many rupees are in it?
  33. 33.Vivaan has ₹570 for return gifts. Each gift costs ₹30. What is the greatest number of gifts Vivaan can buy?
  34. 34.Karan keeps ₹1000 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 4 years?
  35. 35.Ananya has a budget of ₹500 for a birthday party. The snacks cost ₹30, the balloons cost ₹70 and the return gifts cost ₹50. How many rupees are left?
  36. 36.Shop A sells 3 geometry boxes for ₹255. Shop B sells 6 geometry boxes for ₹630. What does one geometry box cost at the cheaper shop (in ₹)?
  37. 37.Aarav keeps ₹1500 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
  38. 38.Shop A sells a football for ₹370 with free delivery. Shop B sells it for ₹270 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
  39. 39.How many notes of ₹50 make ₹500?
  40. 40.After 50% off, a cricket bat costs ₹250. What was the price before the sale (in ₹)?

Answer key

  1. Offer 2
  2. 18
  3. 33
  4. Shop B
  5. 21.5
  6. 40
  7. Need
  8. 6
  9. 3
  10. 1950
  11. 370
  12. 9
  13. 115
  14. 35
  15. 100
  16. eraser
  17. 30
  18. 120
  19. 1000
  20. 950
  21. 165
  22. 650
  23. 5.5
  24. 23100
  25. Shop A
  26. 80
  27. 3.5
  28. 58
  29. 500-rupee note
  30. 125
  31. Profit
  32. 32
  33. 19
  34. 320
  35. 350
  36. 85
  37. 1650
  38. 50
  39. 10
  40. 500

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