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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 24 · 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.

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  1. 1.Which is the same money as one ₹50 note? (a) five 10-rupee notes (b) two 10-rupee notes (c) six 10-rupee notes
  2. 2.Ananya keeps ₹200 in a bank at 4% simple interest per year. How much money will there be after 5 years (in ₹)?
  3. 3.₹18.50 − ₹1 =
  4. 4.A dozen (12) oranges cost ₹108. What does one cost (in ₹)?
  5. 5.For Saanvi, is “bus fare to school” a need or a want? (a) Want (b) Need
  6. 6.Riya has ₹400. First Riya pays for needs: a lunch box (₹80) and notebooks (₹100). How many rupees are left for wants?
  7. 7.A dozen (12) pencils cost ₹84. What does one cost (in ₹)?
  8. 8.Price list: pencil ₹4, sharpener ₹8, banana ₹6, crayon box ₹30.
    Which item costs the most?
    (a) banana (b) pencil (c) crayon box (d) sharpener
  9. 9.The bill for 2 water bottles and a geometry box is ₹390. A water bottle costs ₹125. What does the geometry box cost (in ₹)?
  10. 10.The bill for a plate of idli and a lunch box is ₹275. A plate of idli costs ₹30. What does the lunch box cost (in ₹)?
  11. 11.₹200 earns 9% simple interest per year. In how many years will the interest be ₹36?
  12. 12.Ishaan has 4 notes of ₹100, 4 notes of ₹20 and 1 coin of ₹5. How many rupees does Ishaan have?
  13. 13.₹? + ₹10 + ₹1 = ₹61
  14. 14.A family plans ₹48000 for the month. 25% of it is for electricity. How many rupees is that?
  15. 15.Count up to find the change from ₹200: ₹34 + ₹? = ₹200
  16. 16.A dozen (12) oranges cost ₹120. What does one cost (in ₹)?
  17. 17.One badminton racket costs ₹330. How much do 8 badminton rackets cost (in ₹)?
  18. 18.Ananya has 7 coins of ₹5. Tara has 5 notes of ₹10. Who has less money? (a) Ananya (b) Tara
  19. 19.Rahul had ₹91. Rahul spent ₹20 on a juice box. How many rupees are left?
  20. 20.Saanvi buys 4 samosas at ₹15 each and pays with a ₹200 note. How much change does Saanvi get (in ₹)?
  21. 21.Rohan’s mother scans a shop’s QR code to pay ₹500. What should she check before she pays? (a) The name of the shop (b) The colour of the code (c) Nothing, just pay
  22. 22.Farhan buys a school bag (₹475), a samosa (₹12), a colour pencil set (₹60) and a football (₹350). What is the total (in ₹)?
  23. 23.Rahul keeps ₹1000 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
  24. 24.Price list: crayon box ₹35, ice candy ₹11, juice box ₹20, balloon ₹6.
    How much do 3 balloons cost (in ₹)?
  25. 25.Aarav’s passbook:
    Opening balance: ₹4400
    Debit: ₹250
    Debit: ₹150
    Credit: ₹150
    Credit: ₹300
    What is the closing balance (in ₹)?
  26. 26.8 samosas cost ₹136. How much do 4 samosas cost (in ₹)?
  27. 27.What do 4 cricket balls at ₹120 each and 3 mangoes at ₹30 each cost in all (in ₹)?
  28. 28.Aarav buys a sharpener for ₹7 and an ice candy for ₹11. How many rupees does Aarav spend in all?
  29. 29.Pooja buys a pair of socks (₹55), a T-shirt (₹315), a geometry box (₹100) and a cricket ball (₹135). What is the total (in ₹)?
  30. 30.8 pairs of socks cost ₹600. How much do 4 pairs of socks cost (in ₹)?
  31. 31.Priya gets ₹30 a week, spends ₹25 each week and saves the rest. How many rupees has Priya saved after 3 weeks?
  32. 32.How many coins of ₹5 does Kavya need to make ₹35?
  33. 33.Which is worth the least: a ₹1 coin, a ₹10 coin or a ₹2 coin? (a) 2-rupee coin (b) 10-rupee coin (c) 1-rupee coin
  34. 34.Gurpreet has 7 coins of ₹2. How many rupees does Gurpreet have?
  35. 35.Lakshmi has ₹640 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Lakshmi can buy?
  36. 36.₹50 + ₹2 + ₹? = ₹72
  37. 37.₹25 + ₹11 + ₹18 =
  38. 38.Of a ₹20000 monthly budget, 40% goes on food and 5% on clothes. The rest is saved. What percent is saved?
  39. 39.Riya buys an eraser for ₹3 and a banana for ₹4. How many rupees does Riya spend in all?
  40. 40.Isha has ₹950. First Isha pays for needs: a water bottle (₹300) and notebooks (₹290). How many rupees are left for wants?

Answer key

  1. five 10-rupee notes
  2. 240
  3. 17.5
  4. 9
  5. Need
  6. 220
  7. 7
  8. crayon box
  9. 140
  10. 245
  11. 2
  12. 485
  13. 50
  14. 12000
  15. 166
  16. 10
  17. 2640
  18. Ananya
  19. 71
  20. 140
  21. The name of the shop
  22. 897
  23. 1120
  24. 18
  25. 4450
  26. 68
  27. 570
  28. 18
  29. 605
  30. 300
  31. 15
  32. 7
  33. 1-rupee coin
  34. 14
  35. 12
  36. 20
  37. 54
  38. 55
  39. 7
  40. 360

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