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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 284 · 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.Diya buys a mango for ₹25 and pays with a ₹100 note. How much change does Diya get (in ₹)?
  2. 2.Isha has 8 coins of ₹10. How many rupees does Isha have?
  3. 3.10 plates of idli cost ₹400. How much do 5 plates of idli cost (in ₹)?
  4. 4.A school bag costs ₹180. The shop gives 10% off. How many rupees is the discount?
  5. 5.How many ₹2 coins make a ₹10 coin?
  6. 6.Ishaan’s class stall spends ₹600 to make 40 cups of lemonade and sells all of them at ₹15 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
  7. 7.A stall pays ₹8 for each plate of bhel and sells each one for ₹12. It sells 26 plates of bhel. What is the total profit (in ₹)?
  8. 8.Arjun spends ₹260 on things to make 23 plates of bhel and sells them all at ₹15 each. How many rupees does Arjun earn after paying the costs?
  9. 9.Of a ₹38000 monthly budget, 50% goes on rent and 20% on electricity. The rest is saved. How many rupees are saved?
  10. 10.Count up to find the change from ₹50: ₹1 + ₹? = ₹50
  11. 11.Riya gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Riya do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
  12. 12.Which is worth the least: a ₹1 coin, a ₹200 note or a ₹500 note? (a) 500-rupee note (b) 200-rupee note (c) 1-rupee coin
  13. 13.Count up to find the change from ₹20: ₹2 + ₹? = ₹20
  14. 14.Priya buys a biscuit packet for ₹16 and a crayon box for ₹30, and pays ₹50. How much change does Priya get (in ₹)?
  15. 15.Farhan spends ₹240 to start a stall and sells each paper bookmark for ₹5. What is the smallest number Farhan must sell to get back the ₹240?
  16. 16.₹39 + ₹30 =
  17. 17.Which coins and notes make exactly ₹160? (a) 100 + 20 + 10 (b) 100 + 50 + 10 (c) 100 + 100 + 50
  18. 18.A 10 kg bag of wheat flour costs ₹340. A 5 kg bag costs ₹160. Which bag is cheaper per kg? (a) 10 kg bag (b) 5 kg bag
  19. 19.Which coins and notes make exactly ₹125? (a) 50 + 20 + 5 (b) 20 + 20 + 5 (c) 100 + 20 + 5
  20. 20.Lakshmi withdraws ₹350 at the bank counter. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
  21. 21.Shop A sells a badminton racket for ₹530 with free delivery. Shop B sells it for ₹560 plus ₹60 delivery. How many rupees do you save by buying from the cheaper shop?
  22. 22.Rahul had ₹33. Rahul spent ₹8 on a sticker sheet. How many rupees are left?
  23. 23.Sneha’s class stall spends ₹810 to make 26 cupcakes and sells all of them at ₹30 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
  24. 24.Isha buys a notebook for ₹35 and a banana for ₹8, and pays ₹50. How much change does Isha get (in ₹)?
  25. 25.Someone online asks Farhan for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A friend at school (b) A caller from the bank (c) No one
  26. 26.Priya keeps ₹2000 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
  27. 27.₹15 − ₹7.50 =
  28. 28.Meera buys a geometry box for ₹95 and pays with a ₹100 note. How much change does Meera get (in ₹)?
  29. 29.Farhan has 9 coins of ₹1. Aarav has 9 notes of ₹10. How many more rupees does Aarav have?
  30. 30.Count up to find the change from ₹50: ₹15 + ₹? = ₹50
  31. 31.Meera spends ₹45 of ₹900 pocket money on books. What percent is that?
  32. 32.Which is the same money as one ₹10 note? (a) six 2-rupee coins (b) five 2-rupee coins (c) three 2-rupee coins
  33. 33.What is the smallest number of coins and notes that make ₹169?
  34. 34.Which is worth more: a ₹20 note or a ₹500 note? (a) 500-rupee note (b) 20-rupee note
  35. 35.Price list: notebook ₹30, eraser ₹5, pencil ₹4, balloon ₹6.
    Which item costs the least?
    (a) eraser (b) balloon (c) notebook (d) pencil
  36. 36.Lakshmi’s passbook:
    Opening balance: ₹1600
    Credit (money in): ₹300
    Debit (money out): ₹?
    Closing balance: ₹1250
    How many rupees was the debit?
  37. 37.Which coins and notes make exactly ₹13? (a) 10 + 10 + 1 (b) 10 + 2 + 2 (c) 10 + 2 + 1
  38. 38.Meera spends ₹20 of ₹400 pocket money on books. What percent is that?
  39. 39.Tara keeps ₹1100 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  40. 40.The bill for 3 notebooks and a T-shirt is ₹540. A notebook costs ₹55. What does the T-shirt cost (in ₹)?

Answer key

  1. 75
  2. 80
  3. 200
  4. 18
  5. 5
  6. No profit, no loss
  7. 104
  8. 85
  9. 11400
  10. 49
  11. Never share the OTP
  12. 1-rupee coin
  13. 18
  14. 4
  15. 48
  16. 69
  17. 100 + 50 + 10
  18. 5 kg bag
  19. 100 + 20 + 5
  20. Debit
  21. 90
  22. 25
  23. Loss
  24. 7
  25. No one
  26. 2160
  27. 7.5
  28. 5
  29. 81
  30. 35
  31. 5
  32. five 2-rupee coins
  33. 6
  34. 500-rupee note
  35. pencil
  36. 650
  37. 10 + 2 + 1
  38. 5
  39. 1133
  40. 375

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