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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 237 · 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.A stall pays ₹10 for each paper bookmark and sells each one for ₹11. It sells 11 paper bookmarks. What is the total profit (in ₹)?
  2. 2.Arjun is making a shopping list. Which of these is a need? (a) notebooks for school (b) sweets every day (c) a fancy phone cover (d) extra comic books
  3. 3.A football costs ₹395 online. Delivery is ₹70 and a coupon takes ₹40 off. What is the final price (in ₹)?
  4. 4.Karan’s class stall spends ₹440 to make 28 paper bookmarks and sells all of them at ₹25 each. What is the profit (in ₹)?
  5. 5.₹300 earns 4% simple interest per year. In how many years will the interest be ₹24?
  6. 6.Pooja makes 6 friendship bands an hour and sells each one for ₹30. How many rupees can Pooja earn from 2 hours of work?
  7. 7.Price list: kite ₹23, samosa ₹19, sticker sheet ₹8, biscuit packet ₹13.
    How much do 5 sticker sheets cost (in ₹)?
  8. 8.A school bag costs ₹180. The shop gives 10% off. What is the sale price (in ₹)?
  9. 9.Nisha buys a T-shirt (₹280), a cricket ball (₹120), a badminton racket (₹315) and a notebook (₹60). What is the total (in ₹)?
  10. 10.Sneha has ₹15. A balloon costs ₹10. Does Sneha have enough money to buy it? (a) No (b) Yes
  11. 11.Someone online asks Rohan for the family UPI PIN. Who should ever be told a PIN or OTP? (a) No one (b) A friend at school (c) A caller from the bank
  12. 12.What is the smallest number of coins and notes that make ₹21?
  13. 13.Zoya’s class stall spends ₹835 to make 33 cups of lemonade and sells all of them at ₹25 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
  14. 14.There are 34 children in a class. Each child needs one samosa at ₹12. What is the total cost (in ₹)?
  15. 15.One geometry box costs ₹150. How much do 8 geometry boxes cost (in ₹)?
  16. 16.₹25 + ₹53 =
  17. 17.Priya has ₹310 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Priya can buy?
  18. 18.Gurpreet buys 2 ice candies at ₹11 each and pays ₹50. How much change does Gurpreet get (in ₹)?
  19. 19.There are 38 children in a class. Each child needs one notebook at ₹60. What is the total cost (in ₹)?
  20. 20.Of a ₹9000 monthly budget, 25% goes on electricity and 10% on rent. The rest is saved. How many rupees are saved?
  21. 21.Ananya has 4 notes of ₹50, 1 note of ₹20 and 3 coins of ₹2. How many rupees does Ananya have?
  22. 22.A dozen (12) eggs cost ₹108. What does one cost (in ₹)?
  23. 23.Ananya has 7 coins of ₹5. Diya has 4 notes of ₹100. Who has more money? (a) Ananya (b) Diya
  24. 24.Count up to find the change from ₹20: ₹18 + ₹? = ₹20
  25. 25.Which is worth more: a ₹5 coin or a ₹10 coin? (a) 10-rupee coin (b) 5-rupee coin
  26. 26.Rahul’s passbook:
    Opening balance: ₹500
    Credit (money in): ₹600
    Debit (money out): ₹800
    What is the balance now (in ₹)?
  27. 27.Ananya’s passbook:
    Opening balance: ₹1500
    Credit (money in): ₹300
    Debit (money out): ₹350
    What is the balance now (in ₹)?
  28. 28.2 water bottles cost ₹300. What does one water bottle cost (in ₹)?
  29. 29.A day trip costs ₹1850 in all. 5 friends share the cost equally. How much does each friend pay (in ₹)?
  30. 30.Ananya’s mother has ₹1000 in her bank account. She pays ₹230 for medicines and ₹110 for milk by UPI. How many rupees are left in the account?
  31. 31.A day trip costs ₹520 in all. 4 friends share the cost equally. How much does each friend pay (in ₹)?
  32. 32.Joseph has 9 notes of ₹20. How many rupees does Joseph have?
  33. 33.A dozen (12) oranges cost ₹108. What does one cost (in ₹)?
  34. 34.Of a ₹27000 monthly budget, 20% goes on school fees and 10% on electricity. The rest is saved. What percent is saved?
  35. 35.Riya’s class stall spends ₹760 to make 30 friendship bands and sells all of them at ₹25 each. What is the loss (in ₹)?
  36. 36.Sneha is making a shopping list. Which of these is a want? (a) bus fare to school (b) a warm blanket (c) a bigger TV (d) a schoolbag
  37. 37.A 2 kg bag of rice costs ₹146. A 5 kg bag costs ₹310. How many rupees per kg do you save with the cheaper bag?
  38. 38.Arjun has ₹1. A sticker sheet costs ₹5. Does Arjun have enough money to buy it? (a) Yes (b) No
  39. 39.What is the smallest number of coins and notes that make ₹191?
  40. 40.Of a ₹11000 monthly budget, 40% goes on rent and 25% on electricity. The rest is saved. How many rupees are saved?

Answer key

  1. 11
  2. notebooks for school
  3. 425
  4. 260
  5. 2
  6. 360
  7. 40
  8. 162
  9. 775
  10. Yes
  11. No one
  12. 2
  13. Loss
  14. 408
  15. 1200
  16. 78
  17. 6
  18. 28
  19. 2280
  20. 5850
  21. 226
  22. 9
  23. Diya
  24. 2
  25. 10-rupee coin
  26. 300
  27. 1450
  28. 150
  29. 370
  30. 660
  31. 130
  32. 180
  33. 9
  34. 70
  35. 10
  36. a bigger TV
  37. 11
  38. No
  39. 5
  40. 3850

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