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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 230 · 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.Pooja’s passbook:
    Opening balance: ₹1500
    Credit (money in): ₹900
    Debit (money out): ₹2000
    What is the balance now (in ₹)?
  2. 2.Riya buys a water bottle (₹220), a football (₹255), a T-shirt (₹310) and a colour pencil set (₹75). What is the total (in ₹)?
  3. 3.Meera has 5 notes of ₹50. How many rupees does Meera have?
  4. 4.₹220 − ₹10 =
  5. 5.Nisha spends ₹260 to start a stall and sells each friendship band for ₹20. What is the smallest number Nisha must sell to get back the ₹260?
  6. 6.A school bag costs ₹820. The shop gives 10% off. What is the sale price (in ₹)?
  7. 7.Arjun has 5 coins of ₹10 and 2 coins of ₹2. How many rupees does Arjun have?
  8. 8.Diya’s mother scans a shop’s QR code to pay ₹10000. What should she check before she pays? (a) Nothing, just pay (b) The colour of the code (c) The name of the shop
  9. 9.Rohan gets a link: “Click now to win a phone worth ₹1000!” What should Rohan do? (a) Click it to win (b) Send it to friends (c) Ignore it, tell a parent
  10. 10.A study lamp costs ₹200. The shop gives 10% off. What is the sale price (in ₹)?
  11. 11.Aarav has one ₹100 piece of money. Is it a coin or a note? (a) Note (b) Coin
  12. 12.Dev wants a wristwatch that costs ₹985, has ₹460 already and saves ₹20 every week. In how many weeks will Dev have enough?
  13. 13.A day trip costs ₹340 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
  14. 14.Of a ₹31000 monthly budget, 10% goes on electricity and 40% on clothes. The rest is saved. What percent is saved?
  15. 15.₹24 + ₹8 =
  16. 16.Vivaan has ₹3. An eraser costs ₹5. Does Vivaan have enough money to buy it? (a) Yes (b) No
  17. 17.Ishaan buys a lunch box for ₹210 and a cricket ball for ₹130, and pays with a ₹500 note. How much change does Ishaan get (in ₹)?
  18. 18.Vivaan has a budget of ₹1000 for a birthday party. The decorations cost ₹150, the snacks cost ₹170 and the balloons cost ₹70. How many rupees are left?
  19. 19.3 water bottles cost ₹420. What does one water bottle cost (in ₹)?
  20. 20.10 samosas cost ₹150. What does one samosa cost (in ₹)?
  21. 21.₹6.50 + ₹6.50 =
  22. 22.₹1500 earns 8% simple interest per year. In how many years will the interest be ₹240?
  23. 23.Arjun’s mother has ₹2000 in her bank account. She pays ₹180 for a gas cylinder and ₹260 for school books by UPI. How many rupees are left in the account?
  24. 24.Tara has ₹920 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Tara can buy?
  25. 25.Of a ₹12000 monthly budget, 50% goes on rent and 40% on food. The rest is saved. How many rupees are saved?
  26. 26.One ice candy costs ₹12. A pack of 3 ice candies costs ₹34. How many rupees do you save by buying the pack instead of 3 single ones?
  27. 27.Gurpreet has 2 notes of ₹20. Lakshmi has 2 coins of ₹2. Who has more money? (a) Lakshmi (b) Gurpreet
  28. 28.Diya is making a shopping list. Which of these is a want? (a) a school uniform (b) drinking water (c) extra comic books (d) bus fare to school
  29. 29.Kavya gets ₹50 a week, spends ₹15 each week and saves the rest. How many rupees has Kavya saved after 7 weeks?
  30. 30.4 cricket balls cost ₹460. What does one cricket ball cost (in ₹)?
  31. 31.Rohan buys 3 bananas at ₹6 each and pays ₹50. How much change does Rohan get (in ₹)?
  32. 32.Shop A sells a badminton racket for ₹340 with free delivery. Shop B sells it for ₹310 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
  33. 33.10 plates of idli cost ₹450. How much do 3 plates of idli cost (in ₹)?
  34. 34.Kabir spends ₹110 to start a stall and sells each clay diya for ₹5. What is the smallest number Kabir must sell to get back the ₹110?
  35. 35.Which coins and notes make exactly ₹8? (a) 20 + 5 + 2 (b) 5 + 5 + 1 (c) 5 + 2 + 1
  36. 36.Arjun keeps ₹1500 in a bank. After 1 year the simple interest is ₹90. What is the rate of interest per year (in %)?
  37. 37.Kabir had ₹73. Kabir spent ₹8 on a pencil. How many rupees are left?
  38. 38.Saanvi gets ₹5 every day. How many rupees is that in one week (7 days)?
  39. 39.Shop A sells 6 geometry boxes for ₹870. Shop B sells 5 geometry boxes for ₹475. Which shop is cheaper for one geometry box? (a) Shop B (b) Shop A
  40. 40.Riya wants a football that costs ₹505, has ₹100 already and saves ₹90 every week. In how many weeks will Riya have enough?

Answer key

  1. 400
  2. 860
  3. 250
  4. 210
  5. 13
  6. 738
  7. 54
  8. The name of the shop
  9. Ignore it, tell a parent
  10. 180
  11. Note
  12. 27
  13. 170
  14. 50
  15. 32
  16. No
  17. 160
  18. 610
  19. 140
  20. 15
  21. 13
  22. 2
  23. 1560
  24. 18
  25. 1200
  26. 2
  27. Gurpreet
  28. extra comic books
  29. 245
  30. 115
  31. 32
  32. 20
  33. 135
  34. 22
  35. 5 + 2 + 1
  36. 6
  37. 65
  38. 35
  39. Shop B
  40. 5

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