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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 243 · 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.Vivaan keeps ₹1900 in a bank. After 3 years the simple interest is ₹171. What is the rate of interest per year (in %)?
  2. 2.Isha wants an art kit that costs ₹210. Isha saves ₹70 every week. How many weeks will it take?
  3. 3.₹1200 earns 2% simple interest per year. In how many years will the interest be ₹120?
  4. 4.Rohan’s mother has ₹1400 in her bank account. She pays ₹230 for school books and ₹340 for medicines by UPI. How many rupees are left in the account?
  5. 5.Priya’s passbook:
    Opening balance: ₹2000
    Credit (money in): ₹250
    Debit (money out): ₹?
    Closing balance: ₹900
    How many rupees was the debit?
  6. 6.Which is worth the most: a ₹100 note, a ₹1 coin or a ₹2 coin? (a) 1-rupee coin (b) 2-rupee coin (c) 100-rupee note
  7. 7.Aditya buys a pair of socks for ₹80 and a plate of idli for ₹60, and pays with a ₹500 note. How much change does Aditya get (in ₹)?
  8. 8.How many ₹2 coins make a ₹10 note?
  9. 9.Manav buys 2 plates of idli at ₹40 each and pays with a ₹500 note. How much change does Manav get (in ₹)?
  10. 10.Rohan’s piggy bank has 3 coins of ₹10, 5 coins of ₹5 and 1 coin of ₹1. How many rupees are in it?
  11. 11.Zoya gets ₹100 pocket money every month. How many rupees is that in one year (12 months)?
  12. 12.Rahul wants a cricket bat that costs ₹480. Rahul saves ₹20 every week. How many weeks will it take?
  13. 13.₹68 − ₹16 =
  14. 14.Karan’s mother has ₹1400 in her bank account. She pays ₹150 for bread and ₹180 for milk by UPI. How many rupees are left in the account?
  15. 15.How many notes of ₹50 make ₹250?
  16. 16.Which coins and notes make exactly ₹13? (a) 10 + 2 + 1 (b) 2 + 1 + 1 (c) 20 + 10 + 2
  17. 17.Nisha saves ₹100 every week for 6 weeks, then buys a football for ₹140. How many rupees are left?
  18. 18.How many notes of ₹200 make ₹600?
  19. 19.Kabir has ₹350. First Kabir pays for needs: school shoes (₹70) and a lunch box (₹60). How many rupees are left for wants?
  20. 20.Which coins and notes make exactly ₹151? (a) 50 + 20 + 1 (b) 100 + 50 + 1 (c) 100 + 100 + 1
  21. 21.Isha gets a link: “Click now to win a phone worth ₹1000!” What should Isha do? (a) Send it to friends (b) Ignore it, tell a parent (c) Click it to win
  22. 22.Joseph has 1 note of ₹500 and 1 note of ₹50. How many rupees does Joseph have?
  23. 23.Farhan has ₹23 in a piggy bank. Dadi gives Farhan ₹24 more. How many rupees does Farhan have now?
  24. 24.Sneha makes 2 greeting cards an hour and sells each one for ₹15. How many rupees can Sneha earn from 1 hour of work?
  25. 25.₹1.50 + ₹4 =
  26. 26.Ishaan has one ₹200 piece of money. Is it a coin or a note? (a) Note (b) Coin
  27. 27.One sticker sheet costs ₹5. A pack of 3 sticker sheets costs ₹12. How many rupees do you save by buying the pack instead of 3 single ones?
  28. 28.Zoya is making a shopping list. Which of these is a need? (a) toothpaste (b) a fancy phone cover (c) sweets every day (d) a new party dress
  29. 29.Kabir has 4 notes of ₹50, 3 notes of ₹20 and 4 coins of ₹1. How many rupees does Kabir have?
  30. 30.Rohan buys 5 toffees at ₹1 each and pays ₹50. How much change does Rohan get (in ₹)?
  31. 31.₹12 + ₹83 =
  32. 32.A dozen (12) bangles cost ₹180. What does one cost (in ₹)?
  33. 33.A family plans ₹36000 for the month. 40% of it is for clothes. How many rupees is that?
  34. 34.Tara sees that ₹10000 was sent to a wrong number by mistake. What should Tara do first? (a) Pay again to fix it (b) Tell a parent at once (c) Keep it a secret
  35. 35.After 50% off, a school bag costs ₹410. What was the price before the sale (in ₹)?
  36. 36.Zoya spends ₹150 on things to make 33 cupcakes and sells them all at ₹5 each. How many rupees does Zoya earn after paying the costs?
  37. 37.Pooja has one ₹200 piece of money. Is it a coin or a note? (a) Note (b) Coin
  38. 38.Karan has one ₹2 piece of money. Is it a coin or a note? (a) Coin (b) Note
  39. 39.Ananya is making a shopping list. Which of these is a need? (a) a fancy phone cover (b) rice and dal (c) a glitter pen set (d) designer sunglasses
  40. 40.A water bottle costs ₹165 online. Delivery is ₹60 and a coupon takes ₹50 off. What is the final price (in ₹)?

Answer key

  1. 3
  2. 3
  3. 5
  4. 830
  5. 1350
  6. 100-rupee note
  7. 360
  8. 5
  9. 420
  10. 56
  11. 1200
  12. 24
  13. 52
  14. 1070
  15. 5
  16. 10 + 2 + 1
  17. 460
  18. 3
  19. 220
  20. 100 + 50 + 1
  21. Ignore it, tell a parent
  22. 550
  23. 47
  24. 30
  25. 5.5
  26. Note
  27. 3
  28. toothpaste
  29. 264
  30. 45
  31. 95
  32. 15
  33. 14400
  34. Tell a parent at once
  35. 820
  36. 15
  37. Note
  38. Coin
  39. rice and dal
  40. 175

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