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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 258 · 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.Farhan keeps ₹200 in a bank. After 3 years the simple interest is ₹54. What is the rate of interest per year (in %)?
  2. 2.Ananya has ₹55 in a piggy bank. Nani gives Ananya ₹23 more. How many rupees does Ananya have now?
  3. 3.Diya’s class stall spends ₹130 to make 19 cups of lemonade and sells all of them at ₹10 each. What is the profit (in ₹)?
  4. 4.Which is worth more: a ₹20 note or a ₹5 coin? (a) 5-rupee coin (b) 20-rupee note
  5. 5.How many ₹20 coins make a ₹200 note?
  6. 6.1300 paise is how many rupees? =
  7. 7.Riya’s shop bill:
    1 water bottle at ₹145
    1 mango at ₹25
    3 lunch boxes at ₹220 each
    What is the total bill (in ₹)?
  8. 8.₹940 − ₹150 =
  9. 9.Karan buys an eraser for ₹3 and a sharpener for ₹6. How many rupees does Karan spend in all?
  10. 10.There are 22 children in a class. Each child needs one notebook at ₹50. What is the total cost (in ₹)?
  11. 11.Rohan is making a shopping list. Which of these is a want? (a) notebooks for school (b) medicine when ill (c) a fancy phone cover (d) rice and dal
  12. 12.Shop A sells a cricket ball for ₹130 with free delivery. Shop B sells it for ₹115 plus ₹80 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
  13. 13.A family plans ₹50000 for the month. 20% of it is for food. How many rupees is that?
  14. 14.One tiny sticker costs 50 paise. How many rupees do 2 tiny stickers cost? =
  15. 15.Count up to find the change from ₹50: ₹5 + ₹? = ₹50
  16. 16.How many notes of ₹100 make ₹200?
  17. 17.Manav’s piggy bank has 5 coins of ₹20, 3 coins of ₹10 and 1 coin of ₹1. How many rupees are in it?
  18. 18.Which is the biggest amount: ₹31, ₹28 or ₹98? (a) 98 rupees (b) 31 rupees (c) 28 rupees
  19. 19.How many geometry boxes can you buy with ₹540 if one costs ₹90?
  20. 20.₹14 + ₹56 =
  21. 21.Riya’s class stall spends ₹310 to make 30 greeting cards and sells all of them at ₹10 each. What is the loss (in ₹)?
  22. 22.Diya’s class stall spends ₹265 to make 15 plates of bhel and sells all of them at ₹15 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
  23. 23.Diya’s passbook:
    Opening balance: ₹4300
    Debit: ₹400
    Debit: ₹50
    Credit: ₹400
    Credit: ₹500
    What is the closing balance (in ₹)?
  24. 24.The bill for a school bag and a mango is ₹670. A school bag costs ₹650. What does the mango cost (in ₹)?
  25. 25.Priya is making a shopping list. Which of these is a need? (a) drinking water (b) a video game (c) a new party dress (d) a glitter pen set
  26. 26.Ishaan keeps ₹100 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
  27. 27.Saanvi’s shop bill:
    4 water bottles at ₹140 each
    1 geometry box at ₹85
    1 badminton racket at ₹520
    What is the total bill (in ₹)?
  28. 28.A jacket costs ₹920. Offer 1: 50% off. Offer 2: ₹140 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
  29. 29.One badminton racket costs ₹530. How much do 4 badminton rackets cost (in ₹)?
  30. 30.Count up to find the change from ₹50: ₹16 + ₹? = ₹50
  31. 31.A pencil costs ₹6 and a sharpener costs ₹5. How many rupees more does the pencil cost?
  32. 32.Saanvi’s father is sending ₹10000 to a friend by UPI. What should he check before he pays? (a) The name and amount (b) Only the phone colour (c) Nothing at all
  33. 33.₹68 + ₹5 =
  34. 34.Which is the same money as one ₹10 note? (a) three 2-rupee coins (b) six 2-rupee coins (c) five 2-rupee coins
  35. 35.Dev buys a water bottle for ₹215 and a pair of socks for ₹85, and pays with a ₹500 note. How much change does Dev get (in ₹)?
  36. 36.Farhan keeps ₹1000 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
  37. 37.Isha saves ₹20 every week for 6 weeks, then buys a football for ₹70. How many rupees are left?
  38. 38.Dev has 4 notes of ₹50. Saanvi has 4 coins of ₹2. How many more rupees does Dev have?
  39. 39.Price list: biscuit packet ₹16, balloon ₹5, glue stick ₹18, pencil ₹3.
    Ananya has ₹100 and buys a glue stick. How many rupees are left?
  40. 40.₹60 + ₹14 =

Answer key

  1. 9
  2. 78
  3. 60
  4. 20-rupee note
  5. 10
  6. 13
  7. 830
  8. 790
  9. 9
  10. 1100
  11. a fancy phone cover
  12. Shop A
  13. 10000
  14. 1
  15. 45
  16. 2
  17. 131
  18. 98 rupees
  19. 6
  20. 70
  21. 10
  22. Loss
  23. 4750
  24. 20
  25. drinking water
  26. 6
  27. 1165
  28. Offer 1
  29. 2120
  30. 34
  31. 1
  32. The name and amount
  33. 73
  34. five 2-rupee coins
  35. 200
  36. 1040
  37. 50
  38. 192
  39. 82
  40. 74

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