Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 244 · 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.Lakshmi’s father is sending ₹5000 to a friend by UPI. What should he check before he pays? (a) Only the phone colour (b) Nothing at all (c) The name and amount
2. 2.Ishaan has a budget of ₹2000 for a birthday party. The cake cost ₹110, the decorations cost ₹350 and the snacks cost ₹190. How many rupees are left?
3. 3.6 mangoes cost ₹120. What does one mango cost (in ₹)?
4. 4.Arjun buys a samosa for ₹20 and pays with a ₹100 note. How much change does Arjun get (in ₹)?
5. 5.Arjun’s passbook:
   Opening balance: ₹3300
   Credit (money in): ₹700
   Debit (money out): ₹3800
   What is the balance now (in ₹)?
6. 6.Aditya keeps ₹1400 in a bank. After 2 years the simple interest is ₹168. What is the rate of interest per year (in %)?
7. 7.Meera buys 2 mangoes at ₹35 each and pays with a ₹200 note. How much change does Meera get (in ₹)?
8. 8.Which is the same money as one ₹100 note? (a) six 20-rupee notes (b) four 20-rupee notes (c) five 20-rupee notes
9. 9.What is the smallest number of coins and notes that make ₹169?
10. 10.Kavya spends ₹280 to start a stall and sells each greeting card for ₹5. What is the smallest number Kavya must sell to get back the ₹280?
11. 11.After 25% off, a study lamp costs ₹720. What was the price before the sale (in ₹)?
12. 12.Farhan’s father is sending ₹1000 to a friend by UPI. What should he check before he pays? (a) Nothing at all (b) Only the phone colour (c) The name and amount
13. 13.A toy car costs ₹54. Karan has ₹10 and ₹2. How many more rupees does Karan need?
14. 14.Aditya buys a water bottle for ₹205 and a pen for ₹23, and pays with a ₹500 note. How much change does Aditya get (in ₹)?
15. 15.Which is the same money as one ₹10 note? (a) two 5-rupee coins (b) three 5-rupee coins (c) six 5-rupee coins
16. 16.Gurpreet keeps ₹800 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 5 years?
17. 17.A 1 kg bag of onions costs ₹60. A 5 kg bag costs ₹115. How many rupees per kg do you save with the cheaper bag?
18. 18.Aarav buys 3 erasers at ₹2 each and pays ₹20. How much change does Aarav get (in ₹)?
19. 19.Lakshmi’s passbook:
    Opening balance: ₹4100
    Credit (money in): ₹100
    Debit (money out): ₹?
    Closing balance: ₹3000
    How many rupees was the debit?
20. 20.Aditya’s passbook:
    Opening balance: ₹2100
    Credit: ₹200
    Credit: ₹500
    Credit: ₹450
    Debit: ₹50
    What is the closing balance (in ₹)?
21. 21.Zoya has ₹840 for return gifts. Each gift costs ₹20. What is the greatest number of gifts Zoya can buy?
22. 22.Which is worth the most: a ₹5 coin, a ₹500 note or a ₹200 note? (a) 500-rupee note (b) 5-rupee coin (c) 200-rupee note
23. 23.Which is the same money as one ₹200 note? (a) six 100-rupee notes (b) four 100-rupee notes (c) two 100-rupee notes
24. 24.Isha buys 4 erasers at ₹2 each and pays ₹20. How much change does Isha get (in ₹)?
25. 25.Ananya has one ₹100 piece of money. Is it a coin or a note? (a) Note (b) Coin
26. 26.Lakshmi has 3 coins of ₹20 and 3 coins of ₹2. How many rupees does Lakshmi have?
27. 27.Ishaan keeps ₹1300 in a bank. After 1 year the simple interest is ₹130. What is the rate of interest per year (in %)?
28. 28.Isha spends ₹260 to start a stall and sells each greeting card for ₹15. What is the smallest number Isha must sell to get back the ₹260?
29. 29.Sneha’s passbook:
    Opening balance: ₹1400
    Credit (money in): ₹800
    Debit (money out): ₹?
    Closing balance: ₹1700
    How many rupees was the debit?
30. 30.Farhan has 3 notes of ₹50, 3 notes of ₹20 and 2 coins of ₹1. How many rupees does Farhan have?
31. 31.Rohan gets ₹29 every day. How many rupees is that in one week (7 days)?
32. 32.For Aditya, is “medicine when ill” a need or a want? (a) Need (b) Want
33. 33.What do 2 geometry boxes at ₹150 each and 5 cricket balls at ₹110 each cost in all (in ₹)?
34. 34.A day trip costs ₹440 in all. 4 friends share the cost equally. How much does each friend pay (in ₹)?
35. 35.Shop A sells 2 cricket balls for ₹280. Shop B sells 4 cricket balls for ₹580. Which shop is cheaper for one cricket ball? (a) Shop B (b) Shop A
36. 36.₹1100 earns 6% simple interest per year. In how many years will the interest be ₹66?
37. 37.Ananya’s class stall spends ₹420 to make 28 friendship bands and sells all of them at ₹15 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
38. 38.Meera has 3 notes of ₹200, 2 notes of ₹10 and 5 coins of ₹5. How many rupees does Meera have?
39. 39.The bill for a mango and a water bottle is ₹185. A mango costs ₹35. What does the water bottle cost (in ₹)?
40. 40.Riya buys a storybook for ₹180 and a notebook for ₹50, and pays with a ₹500 note. How much change does Riya get (in ₹)?

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