Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 236 · 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.Pooja sees that ₹50000 was sent to a wrong number by mistake. What should Pooja do first? (a) Tell a parent at once (b) Keep it a secret (c) Pay again to fix it
2. 2.Isha’s mother scans a shop’s QR code to pay ₹2000. What should she check before she pays? (a) Nothing, just pay (b) The colour of the code (c) The name of the shop
3. 3.A football costs ₹325 online. Delivery is ₹20 and a coupon takes ₹40 off. What is the final price (in ₹)?
4. 4.Manav has ₹6. An eraser costs ₹4. Does Manav have enough money to buy it? (a) Yes (b) No
5. 5.An eraser costs ₹5. Saanvi pays ₹50. How much change does Saanvi get (in ₹)?
6. 6.3 footballs cost ₹930. What does one football cost (in ₹)?
7. 7.Meera spends ₹50 on things to make 15 clay diyas and sells them all at ₹5 each. How many rupees does Meera earn after paying the costs?
8. 8.Rahul wants a cricket bat that costs ₹785, has ₹370 already and saves ₹40 every week. In how many weeks will Rahul have enough?
9. 9.Manav has 7 notes of ₹100. How many rupees does Manav have?
10. 10.Karan buys a crayon box for ₹45 and a notebook for ₹45. How many rupees does Karan spend in all?
11. 11.One paper clip costs 50 paise. How many rupees do 6 paper clips cost? =
12. 12.Zoya’s passbook:
    Opening balance: ₹3000
    Credit (money in): ₹50
    Debit (money out): ₹?
    Closing balance: ₹450
    How many rupees was the debit?
13. 13.For Kavya, is “a video game” a need or a want? (a) Need (b) Want
14. 14.Which is the same money as one ₹10 note? (a) six 2-rupee coins (b) five 2-rupee coins (c) three 2-rupee coins
15. 15.Shop A sells a water bottle for ₹250 with free delivery. Shop B sells it for ₹175 plus ₹50 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
16. 16.Kavya makes 3 greeting cards an hour and sells each one for ₹5. How many rupees can Kavya earn from 4 hours of work?
17. 17.A bun costs ₹8.50. Gurpreet pays ₹10. How much change does Gurpreet get, in rupees? =
18. 18.Isha keeps ₹1700 in a bank. After 2 years the simple interest is ₹170. What is the rate of interest per year (in %)?
19. 19.Kavya’s class stall spends ₹400 to make 16 cupcakes and sells all of them at ₹25 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
20. 20.Zoya got ₹270 in 9 weeks, the same amount every week. How many rupees is that each week?
21. 21.A sticker sheet costs ₹8 and a notebook costs ₹45. How many rupees more does the notebook cost?
22. 22.Gurpreet’s passbook:
    Opening balance: ₹3700
    Debit: ₹100
    Debit: ₹250
    Credit: ₹450
    Debit: ₹250
    What is the total of all the debits (in ₹)?
23. 23.What is the smallest number of coins and notes that make ₹61?
24. 24.Shop A sells a T-shirt for ₹260 with free delivery. Shop B sells it for ₹385 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
25. 25.Aarav spends ₹210 to start a stall and sells each greeting card for ₹25. What is the smallest number Aarav must sell to get back the ₹210?
26. 26.A 2 kg bag of onions costs ₹86. A 5 kg bag costs ₹135. Which bag is cheaper per kg? (a) 5 kg bag (b) 2 kg bag
27. 27.Dev’s class stall spends ₹630 to make 19 greeting cards and sells all of them at ₹30 each. What is the loss (in ₹)?
28. 28.Karan has ₹17. A samosa costs ₹16. Does Karan have enough money to buy it? (a) Yes (b) No
29. 29.Which is the biggest amount: ₹31, ₹56 or ₹10? (a) 31 rupees (b) 10 rupees (c) 56 rupees
30. 30.Tara gets ₹50 pocket money every week. How many rupees is that in 3 weeks?
31. 31.A sticker sheet costs ₹7 and an eraser costs ₹5. How many rupees more does the sticker sheet cost?
32. 32.Aarav gets ₹100 a week, spends ₹65 each week and saves the rest. How many rupees has Aarav saved after 2 weeks?
33. 33.Aditya buys 2 erasers at ₹2 each and pays ₹20. How much change does Aditya get (in ₹)?
34. 34.Gurpreet buys a pair of socks for ₹55 and a plate of idli for ₹60, and pays with a ₹500 note. How much change does Gurpreet get (in ₹)?
35. 35.Which is worth the least: a ₹200 note, a ₹2 coin or a ₹10 coin? (a) 200-rupee note (b) 2-rupee coin (c) 10-rupee coin
36. 36.Which is worth more: a ₹10 coin or a ₹50 note? (a) 50-rupee note (b) 10-rupee coin
37. 37.Sneha’s passbook:
    Opening balance: ₹3500
    Credit: ₹150
    Debit: ₹500
    Debit: ₹450
    Credit: ₹150
    What is the closing balance (in ₹)?
38. 38.Ishaan has a budget of ₹1000 for a birthday party. The decorations cost ₹120, the snacks cost ₹150 and the return gifts cost ₹160. How many rupees are left?
39. 39.Isha keeps ₹1300 in a bank. After 1 year the simple interest is ₹26. What is the rate of interest per year (in %)?
40. 40.Of a ₹36000 monthly budget, 5% goes on electricity and 30% on food. The rest is saved. What percent is saved?

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