Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 23 · 40 sums

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.

1. 1.Ananya keeps ₹300 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
2. 2.Pooja is making a shopping list. Which of these is a need? (a) a third cricket bat (b) a toy robot (c) a new party dress (d) medicine when ill
3. 3.Price list: eraser ₹2, toffee ₹3, ice candy ₹11, glue stick ₹19.
   How much do an ice candy and a toffee cost together (in ₹)?
4. 4.Vivaan gets ₹70 a week, spends ₹35 each week and saves the rest. How many rupees has Vivaan saved after 2 weeks?
5. 5.Diya’s piggy bank has 2 coins of ₹20, 5 coins of ₹10 and 1 coin of ₹2. How many rupees are in it?
6. 6.There are 23 children in a class. Each child needs one notebook at ₹30. What is the total cost (in ₹)?
7. 7.8 plates of idli cost ₹280. What does one plate of idli cost (in ₹)?
8. 8.Pooja saves ₹70 every week for 9 weeks, then buys a wristwatch for ₹400. How many rupees are left?
9. 9.Of a ₹15000 monthly budget, 10% goes on travel and 40% on food. The rest is saved. What percent is saved?
10. 10.Vivaan wants a wristwatch that costs ₹560, has ₹220 already and saves ₹20 every week. In how many weeks will Vivaan have enough?
11. 11.Rohan is making a shopping list. Which of these is a want? (a) notebooks for school (b) a warm blanket (c) soap (d) a glitter pen set
12. 12.₹900 − ₹390 =
13. 13.Of a ₹10000 monthly budget, 10% goes on travel and 5% on food. The rest is saved. How many rupees are saved?
14. 14.Shop A sells a water bottle for ₹250 with free delivery. Shop B sells it for ₹175 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
15. 15.Which is the same money as one ₹100 note? (a) four 50-rupee notes (b) six 50-rupee notes (c) two 50-rupee notes
16. 16.Pooja wants to save ₹400 for a football in 10 weeks, the same amount each week. How many rupees must Pooja save each week?
17. 17.Arjun’s mother scans a shop’s QR code to pay ₹2000. What should she check before she pays? (a) The name of the shop (b) The colour of the code (c) Nothing, just pay
18. 18.Which is worth more: a ₹10 note or a ₹200 note? (a) 200-rupee note (b) 10-rupee note
19. 19.Gurpreet’s passbook:
    Opening balance: ₹2400
    Credit: ₹200
    Debit: ₹450
    Debit: ₹150
    Debit: ₹100
    What is the total of all the credits (in ₹)?
20. 20.Of a ₹25000 monthly budget, 30% goes on rent and 10% on clothes. The rest is saved. How many rupees are saved?
21. 21.A dozen (12) guavas cost ₹84. What does one cost (in ₹)?
22. 22.Which is worth more: a ₹10 coin or a ₹20 coin? (a) 20-rupee coin (b) 10-rupee coin
23. 23.Zoya gets ₹19 every day. How many rupees is that in one week (7 days)?
24. 24.What is the smallest number of coins and notes that make ₹50?
25. 25.Farhan’s mother has ₹1200 in her bank account. She pays ₹150 for milk and ₹110 for vegetables by UPI. How many rupees are left in the account?
26. 26.Count up to find the change from ₹100: ₹62 + ₹? = ₹100
27. 27.₹80 + ₹180 =
28. 28.A message says Joseph has won ₹25000. It asks for the UPI PIN to send the prize. What is true? (a) Prizes need your PIN (b) Enter the PIN quickly (c) No PIN to receive money
29. 29.₹1600 earns 8% simple interest per year. In how many years will the interest be ₹256?
30. 30.Tara’s passbook:
    Opening balance: ₹4500
    Credit: ₹150
    Debit: ₹300
    Credit: ₹100
    Credit: ₹50
    What is the closing balance (in ₹)?
31. 31.Riya has 1 note of ₹20 and 3 notes of ₹10. How many rupees does Riya have?
32. 32.5 friends run a stall selling friendship bands and make a profit of ₹1150. They share it equally. How many rupees does each friend get?
33. 33.Price list: sharpener ₹6, biscuit packet ₹12, pencil ₹3, glue stick ₹19.
    Which item costs the least? (a) sharpener (b) glue stick (c) biscuit packet (d) pencil
34. 34.Aarav gets ₹100 pocket money every month. How many rupees is that in one year (12 months)?
35. 35.Karan has 7 coins of ₹10. How many rupees does Karan have?
36. 36.Farhan deposits ₹150 of birthday money. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
37. 37.Count up to find the change from ₹50: ₹3 + ₹? = ₹50
38. 38.There are 11 children in a class. Each child needs one pen at ₹22. What is the total cost (in ₹)?
39. 39.Ananya buys 6 notebooks at ₹60 each and pays with a ₹500 note. How much change does Ananya get (in ₹)?
40. 40.Kabir buys 2 erasers at ₹5 each and pays ₹50. How much change does Kabir get (in ₹)?

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