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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 292 · 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. 1.5 pens cost ₹85. What does one pen cost (in ₹)?
  2. 2.Gurpreet is making a shopping list. Which of these is a need? (a) medicine when ill (b) a fancy phone cover (c) a bigger TV (d) sweets every day
  3. 3.A bun costs ₹5.50. Aarav pays ₹10. How much change does Aarav get, in rupees? =
  4. 4.Lakshmi gets ₹15 pocket money every week. How many rupees is that in 7 weeks?
  5. 5.Sneha has a budget of ₹500 for a birthday party. The balloons cost ₹110, the decorations cost ₹30 and the cake cost ₹70. How many rupees are left?
  6. 6.₹1200 earns 3% simple interest per year. In how many years will the interest be ₹72?
  7. 7.Pooja has 3 coins of ₹20. How many rupees does Pooja have?
  8. 8.Price list: samosa ₹14, juice box ₹20, ice candy ₹9, eraser ₹5.
    How much do 2 juice boxes cost (in ₹)?
  9. 9.Diya has ₹6. A toffee costs ₹2. Does Diya have enough money to buy it? (a) Yes (b) No
  10. 10.How many ₹5 coins make a ₹20 note?
  11. 11.Arjun has ₹300. In a piggy bank it stays ₹300. In a bank at 8% simple interest per year, how many rupees more will Arjun have after 5 years?
  12. 12.Kavya’s passbook:
    Opening balance: ₹2300
    Credit (money in): ₹500
    Debit (money out): ₹2350
    What is the balance now (in ₹)?
  13. 13.Price list: juice box ₹20, sticker sheet ₹9, crayon box ₹35, glue stick ₹16.
    How much do 4 crayon boxes cost (in ₹)?
  14. 14.A family plans ₹6000 for the month. 20% of it is for rent. How many rupees is that?
  15. 15.A toy train costs ₹820. The shop gives 25% off. What is the sale price (in ₹)?
  16. 16.Joseph keeps ₹800 in a bank. After 5 years the simple interest is ₹240. What is the rate of interest per year (in %)?
  17. 17.Farhan buys 2 biscuit packets at ₹11 each and pays ₹50. How much change does Farhan get (in ₹)?
  18. 18.Aditya spends ₹35 of ₹700 pocket money on books. What percent is that?
  19. 19.Shop A sells a badminton racket for ₹360 with free delivery. Shop B sells it for ₹445 plus ₹30 delivery. How many rupees do you save by buying from the cheaper shop?
  20. 20.A drawing book costs ₹12.50. Meera pays ₹50. How much change does Meera get, in rupees? =
  21. 21.₹500 − ₹180 =
  22. 22.Aarav had ₹26. Aarav spent ₹25 on a notebook. How many rupees are left?
  23. 23.Meera’s passbook:
    Opening balance: ₹2400
    Debit: ₹250
    Debit: ₹100
    Credit: ₹400
    Debit: ₹50
    What is the total of all the debits (in ₹)?
  24. 24.A yo-yo costs ₹90. Isha has ₹5 and ₹2. How many more rupees does Isha need?
  25. 25.Diya buys a pen for ₹25 and pays with a ₹100 note. How much change does Diya get (in ₹)?
  26. 26.Priya has 5 coins of ₹10 and 5 coins of ₹20. How many rupees does Priya have?
  27. 27.Sneha is making a shopping list. Which of these is a want? (a) medicine when ill (b) a remote-control car (c) a raincoat (d) toothpaste
  28. 28.₹2 + ₹? + ₹5 = ₹8
  29. 29.Priya buys an eraser for ₹2 and a sharpener for ₹8. How many rupees does Priya spend in all?
  30. 30.4 samosas cost ₹52. What does one samosa cost (in ₹)?
  31. 31.A 1 kg bag of dal costs ₹141. A 2 kg bag costs ₹222. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
  32. 32.Of a ₹30000 monthly budget, 25% goes on electricity and 30% on clothes. The rest is saved. How many rupees are saved?
  33. 33.A lunch box costs ₹265 online. Delivery is ₹30 and a coupon takes ₹10 off. What is the final price (in ₹)?
  34. 34.One storybook costs ₹170. How much do 3 storybooks cost (in ₹)?
  35. 35.₹1300 earns 8% simple interest per year. In how many years will the interest be ₹520?
  36. 36.Rohan gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Rohan do? (a) Read the OTP out (b) Send it by message (c) Never share the OTP
  37. 37.Karan has a budget of ₹1000 for a birthday party. The balloons cost ₹230, the snacks cost ₹170 and the decorations cost ₹220. How many rupees are left?
  38. 38.How many notes of ₹10 make ₹40?
  39. 39.Lakshmi has ₹1000. First Lakshmi pays for needs: notebooks (₹80) and a raincoat (₹290). How many rupees are left for wants?
  40. 40.₹210 − ₹60 =

Answer key

  1. 17
  2. medicine when ill
  3. 4.5
  4. 105
  5. 290
  6. 2
  7. 60
  8. 40
  9. Yes
  10. 4
  11. 120
  12. 450
  13. 140
  14. 1200
  15. 615
  16. 6
  17. 28
  18. 5
  19. 115
  20. 37.5
  21. 320
  22. 1
  23. 400
  24. 83
  25. 75
  26. 150
  27. a remote-control car
  28. 1
  29. 10
  30. 13
  31. 2 kg bag
  32. 13500
  33. 285
  34. 510
  35. 5
  36. Never share the OTP
  37. 380
  38. 4
  39. 630
  40. 150

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