Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 278 · 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.For Arjun, is “a video game” a need or a want? (a) Need (b) Want
2. 2.Joseph gets ₹50 a week, spends ₹5 each week and saves the rest. How many rupees has Joseph saved after 8 weeks?
3. 3.A samosa costs ₹13 and a sticker sheet costs ₹8. How many rupees more does the samosa cost?
4. 4.Tara has one ₹500 piece of money. Is it a coin or a note? (a) Note (b) Coin
5. 5.Saanvi has ₹3. A toffee costs ₹1. Does Saanvi have enough money to buy it? (a) Yes (b) No
6. 6.Rahul got ₹30 in 2 weeks, the same amount every week. How many rupees is that each week?
7. 7.₹17 − ₹10.50 =
8. 8.Arjun gets ₹85 pocket money every week. How many rupees is that in 6 weeks?
9. 9.Kavya wants a gift for Mum that costs ₹475, has ₹170 already and saves ₹80 every week. In how many weeks will Kavya have enough?
10. 10.The bill for a pair of socks and a plate of idli is ₹110. A pair of socks costs ₹65. What does the plate of idli cost (in ₹)?
11. 11.Diya’s class stall spends ₹165 to make 39 paper bookmarks and sells all of them at ₹5 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
12. 12.Of a ₹45000 monthly budget, 50% goes on clothes and 5% on food. The rest is saved. How many rupees are saved?
13. 13.Which is the smallest amount: ₹69, ₹49 or ₹35? (a) 69 rupees (b) 35 rupees (c) 49 rupees
14. 14.An ice candy costs ₹11. Farhan pays ₹20. How much change does Farhan get (in ₹)?
15. 15.2 water bottles cost ₹410. How much do 7 water bottles cost (in ₹)?
16. 16.Which is the same money as one ₹20 note? (a) three 5-rupee coins (b) four 5-rupee coins (c) two 5-rupee coins
17. 17.Ananya’s class stall spends ₹230 to make 10 cupcakes and sells all of them at ₹25 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
18. 18.₹420 − ₹260 =
19. 19.Riya has 5 notes of ₹20. How many rupees does Riya have?
20. 20.How many notes of ₹100 make ₹600?
21. 21.A notebook costs ₹30 and a balloon costs ₹10. How many rupees more does the notebook cost?
22. 22.33 children go on a school trip to the museum. The bus costs ₹70 for each child and the ticket costs ₹15 for each child. What is the total cost (in ₹)?
23. 23.Aditya’s mother has ₹1300 in her bank account. She pays ₹100 for vegetables and ₹90 for medicines by UPI. How many rupees are left in the account?
24. 24.Ishaan’s passbook:
    Opening balance: ₹2800
    Credit (money in): ₹550
    Debit (money out): ₹?
    Closing balance: ₹950
    How many rupees was the debit?
25. 25.Diya buys a notebook for ₹50 and a water bottle for ₹220, and pays with a ₹500 note. How much change does Diya get (in ₹)?
26. 26.Tara has one ₹50 piece of money. Is it a coin or a note? (a) Coin (b) Note
27. 27.Arjun had ₹97. Arjun spent ₹5 on a sharpener. How many rupees are left?
28. 28.Shop A sells a water bottle for ₹140 with free delivery. Shop B sells it for ₹130 plus ₹60 delivery. How many rupees do you save by buying from the cheaper shop?
29. 29.Aditya has 7 notes of ₹50. Rahul has 3 coins of ₹2. Who has more money? (a) Rahul (b) Aditya
30. 30.Sneha has ₹11. An ice candy costs ₹8. Does Sneha have enough money to buy it? (a) No (b) Yes
31. 31.Farhan keeps ₹200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
32. 32.Sneha keeps ₹800 in a bank. After 5 years the simple interest is ₹120. What is the rate of interest per year (in %)?
33. 33.Aditya’s class stall spends ₹390 to make 18 clay diyas and sells all of them at ₹30 each. What is the profit (in ₹)?
34. 34.Rahul’s mother has ₹1900 in her bank account. She pays ₹120 for a gas cylinder and ₹100 for fruit by UPI. How many rupees are left in the account?
35. 35.Kabir has 4 coins of ₹1 and 3 coins of ₹5. How many rupees does Kabir have?
36. 36.Arjun’s class stall spends ₹330 to make 24 plates of bhel and sells all of them at ₹15 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
37. 37.Of a ₹14000 monthly budget, 20% goes on food and 50% on electricity. The rest is saved. How many rupees are saved?
38. 38.Manav is making a shopping list. Which of these is a need? (a) a glitter pen set (b) a remote-control car (c) notebooks for school (d) a video game
39. 39.Ananya’s passbook:
    Opening balance: ₹3200
    Credit: ₹250
    Credit: ₹250
    Debit: ₹100
    Debit: ₹350
    What is the closing balance (in ₹)?
40. 40.8 plates of idli cost ₹400. How much do 2 plates of idli cost (in ₹)?

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