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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 219 · 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.Riya’s class stall spends ₹190 to make 40 friendship bands and sells all of them at ₹5 each. What is the profit (in ₹)?
  2. 2.A storybook costs ₹99. Ishaan has ₹20 and ₹5. How many more rupees does Ishaan need?
  3. 3.Nisha’s class stall spends ₹535 to make 37 greeting cards and sells all of them at ₹15 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
  4. 4.Meera gets ₹60 pocket money every week. How many rupees is that in 7 weeks?
  5. 5.Meera spends ₹80 to start a stall and sells each paper bookmark for ₹30. What is the smallest number Meera must sell to get back the ₹80?
  6. 6.Priya buys 5 plates of idli at ₹45 each and pays with a ₹500 note. How much change does Priya get (in ₹)?
  7. 7.Tara buys a geometry box for ₹150 and a colour pencil set for ₹65, and pays with a ₹500 note. How much change does Tara get (in ₹)?
  8. 8.One pencil costs ₹7. A pack of 3 pencils costs ₹17. How many rupees do you save by buying the pack instead of 3 single ones?
  9. 9.Price list: kite ₹19, samosa ₹11, biscuit packet ₹17, juice box ₹20.
    How many rupees more does a juice box cost than a kite?
  10. 10.Meera makes 5 friendship bands an hour and sells each one for ₹10. How many rupees can Meera earn from 1 hour of work?
  11. 11.Gurpreet makes 6 greeting cards an hour and sells each one for ₹25. How many rupees can Gurpreet earn from 1 hour of work?
  12. 12.Ananya spends ₹360 on things to make 43 paper bookmarks and sells them all at ₹15 each. How many rupees does Ananya earn after paying the costs?
  13. 13.Kabir has 7 notes of ₹20. Tara has 3 coins of ₹2. Who has more money? (a) Kabir (b) Tara
  14. 14.Meera wants a football that costs ₹435, has ₹40 already and saves ₹40 every week. In how many weeks will Meera have enough?
  15. 15.3 friends run a stall selling clay diyas and make a profit of ₹270. They share it equally. How many rupees does each friend get?
  16. 16.Aditya keeps ₹1500 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
  17. 17.Shop A sells 2 colour pencil sets for ₹160. Shop B sells 6 colour pencil sets for ₹570. Which shop is cheaper for one colour pencil set? (a) Shop B (b) Shop A
  18. 18.Aditya gets ₹15 pocket money every week. How many rupees is that in 4 weeks?
  19. 19.Kavya buys a T-shirt (₹230), a colour pencil set (₹95), a school bag (₹660) and a badminton racket (₹440). What is the total (in ₹)?
  20. 20.Which is worth more: a ₹200 note or a ₹10 note? (a) 200-rupee note (b) 10-rupee note
  21. 21.Nisha wants an art kit that costs ₹245, has ₹60 already and saves ₹20 every week. In how many weeks will Nisha have enough?
  22. 22.A family plans ₹41000 for the month. 10% of it is for school fees. How many rupees is that?
  23. 23.Ishaan’s class stall spends ₹170 to make 11 cupcakes and sells all of them at ₹10 each. What is the loss (in ₹)?
  24. 24.Riya has ₹16. A biscuit packet costs ₹14. Does Riya have enough money to buy it? (a) No (b) Yes
  25. 25.Sneha has 2 notes of ₹200, 3 notes of ₹10 and 3 coins of ₹1. How many rupees does Sneha have?
  26. 26.Isha is making a shopping list. Which of these is a need? (a) a toy robot (b) a remote-control car (c) sweets every day (d) soap
  27. 27.A stranger asks Meera to scan a QR code to “get” ₹10000. What is true? (a) Scanning a QR pays money (b) It gives you money (c) QR codes are always safe
  28. 28.Tara spends ₹300 to start a stall and sells each paper bookmark for ₹20. What is the smallest number Tara must sell to get back the ₹300?
  29. 29.Rahul has 4 notes of ₹50, 1 note of ₹20 and 3 coins of ₹1. How many rupees does Rahul have?
  30. 30.Arjun’s piggy bank has 2 coins of ₹20, 1 coin of ₹2 and 2 coins of ₹1. How many rupees are in it?
  31. 31.Meera is making a shopping list. Which of these is a need? (a) a bigger TV (b) a third cricket bat (c) designer sunglasses (d) rice and dal
  32. 32.Of a ₹33000 monthly budget, 20% goes on clothes and 10% on electricity. The rest is saved. How many rupees are saved?
  33. 33.Kavya has 3 notes of ₹50. Nisha has 7 coins of ₹5. How many more rupees does Kavya have?
  34. 34.Kavya buys a pair of socks for ₹70 and a geometry box for ₹80, and pays with a ₹500 note. How much change does Kavya get (in ₹)?
  35. 35.₹? + ₹50 + ₹10 = ₹61
  36. 36.₹33 + ₹17 + ₹14 =
  37. 37.Lakshmi has 4 notes of ₹200, 1 note of ₹10 and 2 coins of ₹2. How many rupees does Lakshmi have?
  38. 38.For Manav, is “a third cricket bat” a need or a want? (a) Need (b) Want
  39. 39.Aarav has 9 notes of ₹50. Isha has 9 notes of ₹10. How many more rupees does Aarav have?
  40. 40.₹370 − ₹20 =

Answer key

  1. 10
  2. 74
  3. Profit
  4. 420
  5. 3
  6. 275
  7. 285
  8. 4
  9. 1
  10. 50
  11. 150
  12. 285
  13. Kabir
  14. 10
  15. 90
  16. 1725
  17. Shop A
  18. 60
  19. 1425
  20. 200-rupee note
  21. 10
  22. 4100
  23. 60
  24. Yes
  25. 433
  26. soap
  27. Scanning a QR pays money
  28. 15
  29. 223
  30. 44
  31. rice and dal
  32. 23100
  33. 115
  34. 350
  35. 1
  36. 64
  37. 814
  38. Want
  39. 360
  40. 350

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