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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 192 · 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.Which is the same money as one ₹500 note? (a) two 100-rupee notes (b) five 100-rupee notes (c) four 100-rupee notes
  2. 2.Riya wants to save ₹560 for a board game in 8 weeks, the same amount each week. How many rupees must Riya save each week?
  3. 3.Price list: eraser ₹2, glue stick ₹15, balloon ₹6, ruler ₹9.
    How much do a glue stick and a ruler cost together (in ₹)?
  4. 4.A pencil costs ₹4. Isha pays ₹20. How much change does Isha get (in ₹)?
  5. 5.A 2 kg bag of dal costs ₹278. A 1 kg bag costs ₹148. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
  6. 6.How many notes of ₹100 make ₹600?
  7. 7.Price list: eraser ₹2, ruler ₹13, pencil ₹5, ice candy ₹10.
    How much do a pencil and a ruler cost together (in ₹)?
  8. 8.150 paise is how many rupees? =
  9. 9.₹26.50 − ₹18.50 =
  10. 10.How many notebooks can you buy with ₹350 if one costs ₹50?
  11. 11.Which is the biggest amount: ₹73, ₹28 or ₹80? (a) 73 rupees (b) 28 rupees (c) 80 rupees
  12. 12.Of a ₹39000 monthly budget, 25% goes on rent and 40% on electricity. The rest is saved. What percent is saved?
  13. 13.A kite costs ₹23. Meera pays ₹50. How much change does Meera get (in ₹)?
  14. 14.Aditya has 7 notes of ₹20. How many rupees does Aditya have?
  15. 15.₹7.50 − ₹4.50 =
  16. 16.Arjun is making a shopping list. Which of these is a need? (a) a bigger TV (b) a school uniform (c) a sticker album (d) a glitter pen set
  17. 17.Aditya’s passbook:
    Opening balance: ₹4200
    Credit (money in): ₹200
    Debit (money out): ₹?
    Closing balance: ₹3250
    How many rupees was the debit?
  18. 18.Kavya has ₹1000. First Kavya pays for needs: school shoes (₹60) and a water bottle (₹230). How many rupees are left for wants?
  19. 19.Nisha saves ₹20 every week for 12 weeks, then buys an art kit for ₹10. How many rupees are left?
  20. 20.Pooja had ₹46. Pooja spent ₹7 on a pencil. How many rupees are left?
  21. 21.A family plans ₹15000 for the month. 25% of it is for food. How many rupees is that?
  22. 22.Priya buys a geometry box for ₹120 and a pen for ₹12, and pays with a ₹500 note. How much change does Priya get (in ₹)?
  23. 23.Joseph has 3 notes of ₹100, 2 notes of ₹20 and 2 coins of ₹1. How many rupees does Joseph have?
  24. 24.A 1 kg bag of wheat flour costs ₹34. A 5 kg bag costs ₹215. How many rupees per kg do you save with the cheaper bag?
  25. 25.Farhan has 2 notes of ₹100 and 4 notes of ₹10. How many rupees does Farhan have?
  26. 26.3 geometry boxes cost ₹315. What does one geometry box cost (in ₹)?
  27. 27.₹5 + ₹8 + ₹29 =
  28. 28.Meera is making a shopping list. Which of these is a want? (a) a fancy phone cover (b) medicine when ill (c) a raincoat (d) soap
  29. 29.Joseph has ₹44 in a piggy bank. Mausi gives Joseph ₹29 more. How many rupees does Joseph have now?
  30. 30.₹10.50 + ₹6.50 =
  31. 31.₹700 earns 8% simple interest per year. In how many years will the interest be ₹112?
  32. 32.A family plans ₹31000 for the month. 25% of it is for rent. How many rupees is that?
  33. 33.Of a ₹35000 monthly budget, 40% goes on clothes and 10% on electricity. The rest is saved. How many rupees are saved?
  34. 34.Pooja sells 20 plates of bhel at ₹10 each. How many rupees does Pooja get?
  35. 35.Aarav has 2 coins of ₹5. How many rupees does Aarav have?
  36. 36.Rohan has 6 notes of ₹100. Joseph has 3 notes of ₹10. Who has more money? (a) Joseph (b) Rohan
  37. 37.Vivaan has 3 coins of ₹10 and 2 coins of ₹1. How many rupees does Vivaan have?
  38. 38.₹77 + ₹15 =
  39. 39.Price list: toffee ₹1, glue stick ₹16, eraser ₹2, pencil ₹5.
    Which item costs the least?     (a) glue stick (b) pencil (c) toffee (d) eraser
  40. 40.Sneha’s class stall spends ₹1000 to make 34 friendship bands and sells all of them at ₹30 each. What is the profit (in ₹)?

Answer key

  1. five 100-rupee notes
  2. 70
  3. 24
  4. 16
  5. 2 kg bag
  6. 6
  7. 18
  8. 1.5
  9. 8
  10. 7
  11. 80 rupees
  12. 35
  13. 27
  14. 140
  15. 3
  16. a school uniform
  17. 1150
  18. 710
  19. 230
  20. 39
  21. 3750
  22. 368
  23. 342
  24. 9
  25. 240
  26. 105
  27. 42
  28. a fancy phone cover
  29. 73
  30. 17
  31. 2
  32. 7750
  33. 17500
  34. 200
  35. 10
  36. Rohan
  37. 32
  38. 92
  39. toffee
  40. 20

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