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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 204 · 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.Diya wants to save ₹4950 for a bicycle in 33 weeks, the same amount each week. How many rupees must Diya save each week?
  2. 2.Sneha is making a shopping list. Which of these is a need? (a) vegetables (b) a sticker album (c) a third cricket bat (d) a fancy phone cover
  3. 3.Price list: eraser ₹5, crayon box ₹40, pencil ₹7, balloon ₹6.
    How much do an eraser and a balloon cost together (in ₹)?
  4. 4.Tara got ₹320 in 8 weeks, the same amount every week. How many rupees is that each week?
  5. 5.Rohan’s class stall spends ₹530 to make 15 cups of lemonade and sells all of them at ₹30 each. What is the loss (in ₹)?
  6. 6.Karan is making a shopping list. Which of these is a need? (a) a toy robot (b) milk (c) a third cricket bat (d) extra comic books
  7. 7.Shop A sells 4 notebooks for ₹140. Shop B sells 6 notebooks for ₹270. Which shop is cheaper for one notebook? (a) Shop B (b) Shop A
  8. 8.A stall pays ₹6 for each plate of bhel and sells each one for ₹7. It sells 21 plates of bhel. What is the total profit (in ₹)?
  9. 9.Manav gets ₹450 pocket money every month. How many rupees is that in one year (12 months)?
  10. 10.Price list: glue stick ₹20, eraser ₹4, sharpener ₹6, crayon box ₹45.
    How many rupees more does a crayon box cost than an eraser?
  11. 11.A stranger asks Arjun to scan a QR code to “get” ₹2000. What is true? (a) It gives you money (b) QR codes are always safe (c) Scanning a QR pays money
  12. 12.Pooja’s passbook:
    Opening balance: ₹3500
    Credit: ₹400
    Credit: ₹150
    Credit: ₹300
    Debit: ₹500
    What is the closing balance (in ₹)?
  13. 13.How many ₹20 coins make a ₹100 note?
  14. 14.Meera gets ₹40 a week, spends ₹10 each week and saves the rest. How many rupees has Meera saved after 2 weeks?
  15. 15.Vivaan has a budget of ₹1000 for a birthday party. The snacks cost ₹120, the return gifts cost ₹40 and the juice cost ₹150. How many rupees are left?
  16. 16.Which is the smallest amount: ₹17, ₹22 or ₹66? (a) 66 rupees (b) 17 rupees (c) 22 rupees
  17. 17.Isha’s passbook:
    Opening balance: ₹1000
    Credit (money in): ₹850
    Debit (money out): ₹?
    Closing balance: ₹250
    How many rupees was the debit?
  18. 18.Shop A sells a badminton racket for ₹520 with free delivery. Shop B sells it for ₹320 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
  19. 19.Price list: biscuit packet ₹13, notebook ₹35, toffee ₹2, banana ₹4.
    How much do 4 bananas cost (in ₹)?
  20. 20.The bill for a badminton racket and a T-shirt is ₹575. A badminton racket costs ₹330. What does the T-shirt cost (in ₹)?
  21. 21.Manav’s piggy bank has 2 coins of ₹20, 2 coins of ₹10 and 1 coin of ₹2. How many rupees are in it?
  22. 22.₹300 − ₹160 =
  23. 23.A stall pays ₹7 for each cupcake and sells each one for ₹14. It sells 20 cupcakes. What is the total profit (in ₹)?
  24. 24.Ananya spends ₹190 to start a stall and sells each plate of bhel for ₹5. What is the smallest number Ananya must sell to get back the ₹190?
  25. 25.After 50% off, a school bag costs ₹460. What was the price before the sale (in ₹)?
  26. 26.5 pairs of socks cost ₹350. What does one pair of socks cost (in ₹)?
  27. 27.1500 paise is how many rupees? =
  28. 28.Isha gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Isha do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
  29. 29.₹180 + ₹160 =
  30. 30.For Nisha, is “milk” a need or a want? (a) Need (b) Want
  31. 31.₹1700 earns 9% simple interest per year. In how many years will the interest be ₹765?
  32. 32.Vivaan buys a toffee for ₹1 and a balloon for ₹9, and pays ₹50. How much change does Vivaan get (in ₹)?
  33. 33.Isha buys 2 kites at ₹11 each and pays ₹50. How much change does Isha get (in ₹)?
  34. 34.Which is the same money as one ₹200 note? (a) six 100-rupee notes (b) five 100-rupee notes (c) two 100-rupee notes
  35. 35.Gurpreet spends ₹270 to start a stall and sells each clay diya for ₹10. What is the smallest number Gurpreet must sell to get back the ₹270?
  36. 36.2000 paise is how many rupees? =
  37. 37.A dozen (12) pencils cost ₹48. What does one cost (in ₹)?
  38. 38.₹920 − ₹400 =
  39. 39.A 5 kg bag of sugar costs ₹240. A 2 kg bag costs ₹82. How many rupees per kg do you save with the cheaper bag?
  40. 40.Kabir’s passbook:
    Opening balance: ₹1400
    Credit (money in): ₹50
    Debit (money out): ₹350
    What is the balance now (in ₹)?

Answer key

  1. 150
  2. vegetables
  3. 11
  4. 40
  5. 80
  6. milk
  7. Shop A
  8. 21
  9. 5400
  10. 41
  11. Scanning a QR pays money
  12. 3850
  13. 5
  14. 60
  15. 690
  16. 17 rupees
  17. 1600
  18. 150
  19. 16
  20. 245
  21. 62
  22. 140
  23. 140
  24. 38
  25. 920
  26. 70
  27. 15
  28. Never share the OTP
  29. 340
  30. Need
  31. 5
  32. 40
  33. 28
  34. two 100-rupee notes
  35. 27
  36. 20
  37. 4
  38. 520
  39. 7
  40. 1100

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