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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 276 · 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.Manav wants an art kit that costs ₹400. Manav saves ₹50 every week. How many weeks will it take?
  2. 2.For Vivaan, is “a new party dress” a need or a want? (a) Need (b) Want
  3. 3.The bill for 3 samosas and a colour pencil set is ₹108. A samosa costs ₹16. What does the colour pencil set cost (in ₹)?
  4. 4.Nisha has 3 notes of ₹50, 3 notes of ₹10 and 5 coins of ₹1. How many rupees does Nisha have?
  5. 5.Arjun keeps ₹600 in a bank. After 3 years the simple interest is ₹180. What is the rate of interest per year (in %)?
  6. 6.Which is worth the least: a ₹1 coin, a ₹10 coin or a ₹5 coin? (a) 1-rupee coin (b) 5-rupee coin (c) 10-rupee coin
  7. 7.Nisha spends ₹15 of ₹300 pocket money on books. What percent is that?
  8. 8.Which is the same money as one ₹200 note? (a) four 50-rupee notes (b) six 50-rupee notes (c) three 50-rupee notes
  9. 9.Isha has one ₹100 piece of money. Is it a coin or a note? (a) Coin (b) Note
  10. 10.Shop A sells a school bag for ₹625 with free delivery. Shop B sells it for ₹600 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
  11. 11.₹250 − ₹130 =
  12. 12.₹12.50 − ₹9.50 =
  13. 13.Farhan has ₹370 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Farhan can buy?
  14. 14.Rohan has 3 notes of ₹100. Vivaan has 2 notes of ₹10. How many more rupees does Rohan have?
  15. 15.For Isha, is “a third cricket bat” a need or a want? (a) Want (b) Need
  16. 16.Ananya’s passbook:
    Opening balance: ₹2000
    Credit (money in): ₹1000
    Debit (money out): ₹2800
    What is the balance now (in ₹)?
  17. 17.Shop A sells 6 geometry boxes for ₹780. Shop B sells 2 geometry boxes for ₹230. What does one geometry box cost at the cheaper shop (in ₹)?
  18. 18.Count up to find the change from ₹100: ₹11 + ₹? = ₹100
  19. 19.Gurpreet buys a sharpener for ₹8 and a juice box for ₹30, and pays ₹50. How much change does Gurpreet get (in ₹)?
  20. 20.The bill for 3 pairs of socks and a water bottle is ₹415. A pair of socks costs ₹65. What does the water bottle cost (in ₹)?
  21. 21.Kabir has 3 notes of ₹200, 3 notes of ₹10 and 3 coins of ₹1. How many rupees does Kabir have?
  22. 22.Meera has ₹2. An eraser costs ₹3. Does Meera have enough money to buy it? (a) No (b) Yes
  23. 23.₹5 + ₹? + ₹20 = ₹35
  24. 24.Diya wants a bicycle that costs ₹3150. Diya saves ₹450 every week. How many weeks will it take?
  25. 25.₹27 + ₹31 =
  26. 26.How many notes of ₹200 make ₹400?
  27. 27.Which is worth more: a ₹20 coin or a ₹500 note? (a) 500-rupee note (b) 20-rupee coin
  28. 28.Shop A sells a water bottle for ₹180 with free delivery. Shop B sells it for ₹240 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
  29. 29.A study lamp costs ₹320. Offer 1: 20% off. Offer 2: ₹20 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
  30. 30.Tara has ₹450. First Tara pays for needs: a lunch box (₹90) and a geometry box (₹80). How many rupees are left for wants?
  31. 31.Diya buys a football (₹305), a notebook (₹40), a cricket ball (₹140) and a water bottle (₹235). What is the total (in ₹)?
  32. 32.Aarav gets ₹75 pocket money every week. How many rupees is that in 8 weeks?
  33. 33.How many coins of ₹20 does Meera need to make ₹180?
  34. 34.Manav saves ₹90 every week for 7 weeks, then buys a storybook set for ₹540. How many rupees are left?
  35. 35.Tara’s mother has ₹2900 in her bank account. She pays ₹290 for bread and ₹100 for fruit by UPI. How many rupees are left in the account?
  36. 36.Vivaan wants a board game that costs ₹460. Vivaan saves ₹20 every week. How many weeks will it take?
  37. 37.One geometry box costs ₹120. How much do 3 geometry boxes cost (in ₹)?
  38. 38.Ananya’s shop bill:
    1 school bag at ₹620
    2 samosas at ₹12 each
    2 cricket balls at ₹135 each
    What is the total bill (in ₹)?
  39. 39.Which coins and notes make exactly ₹16? (a) 10 + 5 + 1 (b) 100 + 10 + 1 (c) 5 + 1 + 1
  40. 40.Diya wants a storybook set that costs ₹580, has ₹50 already and saves ₹20 every week. In how many weeks will Diya have enough?

Answer key

  1. 8
  2. Want
  3. 60
  4. 185
  5. 10
  6. 1-rupee coin
  7. 5
  8. four 50-rupee notes
  9. Note
  10. Shop A
  11. 120
  12. 3
  13. 7
  14. 280
  15. Want
  16. 200
  17. 115
  18. 89
  19. 12
  20. 220
  21. 633
  22. No
  23. 10
  24. 7
  25. 58
  26. 2
  27. 500-rupee note
  28. 110
  29. Offer 1
  30. 280
  31. 720
  32. 600
  33. 9
  34. 90
  35. 2510
  36. 23
  37. 360
  38. 914
  39. 10 + 5 + 1
  40. 27

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