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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 298 · 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.Rohan keeps ₹500 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
  2. 2.Of a ₹23000 monthly budget, 20% goes on rent and 30% on food. The rest is saved. What percent is saved?
  3. 3.Vivaan buys a cricket ball for ₹135 and a storybook for ₹175, and pays with a ₹500 note. How much change does Vivaan get (in ₹)?
  4. 4.Price list: samosa ₹17, ice candy ₹11, glue stick ₹21, crayon box ₹45.
    Which item costs the most?     (a) samosa (b) ice candy (c) crayon box (d) glue stick
  5. 5.Isha keeps ₹1400 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 3 years?
  6. 6.A toy train costs ₹820. The shop gives 50% off. What is the sale price (in ₹)?
  7. 7.A stall pays ₹18 for each clay diya and sells each one for ₹19. It sells 35 clay diyas. What is the total profit (in ₹)?
  8. 8.Which is the same money as one ₹100 note? (a) five 50-rupee notes (b) two 50-rupee notes (c) six 50-rupee notes
  9. 9.Tara has 3 coins of ₹5. How many rupees does Tara have?
  10. 10.Kavya’s shop bill:
    3 storybooks at ₹120 each
    2 cricket balls at ₹115 each
    1 football at ₹360
    What is the total bill (in ₹)?
  11. 11.Manav’s passbook:
    Opening balance: ₹2600
    Credit (money in): ₹950
    Debit (money out): ₹?
    Closing balance: ₹350
    How many rupees was the debit?
  12. 12.After 20% off, a toy train costs ₹336. What was the price before the sale (in ₹)?
  13. 13.Aditya’s class stall spends ₹660 to make 26 cups of lemonade and sells all of them at ₹25 each. What is the loss (in ₹)?
  14. 14.Gurpreet has 3 notes of ₹200, 2 notes of ₹20 and 2 coins of ₹5. How many rupees does Gurpreet have?
  15. 15.Sneha buys a pencil for ₹7 and a crayon box for ₹50. How many rupees does Sneha spend in all?
  16. 16.What is the smallest number of coins and notes that make ₹46?
  17. 17.A message says Farhan has won ₹5000. It asks for the UPI PIN to send the prize. What is true? (a) Enter the PIN quickly (b) Prizes need your PIN (c) No PIN to receive money
  18. 18.Sneha’s shop bill:
    1 plate of idli at ₹50
    2 samosas at ₹20 each
    1 badminton racket at ₹510
    What is the total bill (in ₹)?
  19. 19.A stranger asks Aditya to scan a QR code to “get” ₹5000. What is true? (a) QR codes are always safe (b) Scanning a QR pays money (c) It gives you money
  20. 20.Farhan withdraws ₹100 at the bank counter. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
  21. 21.Arjun’s shop bill:
    4 pens at ₹13 each
    4 geometry boxes at ₹145 each
    1 pair of socks at ₹80
    What is the total bill (in ₹)?
  22. 22.A dozen (12) oranges cost ₹120. What does one cost (in ₹)?
  23. 23.Lakshmi is making a shopping list. Which of these is a want? (a) drinking water (b) a new party dress (c) rice and dal (d) notebooks for school
  24. 24.The bill for a storybook and a pair of socks is ₹180. A storybook costs ₹100. What does the pair of socks cost (in ₹)?
  25. 25.Aditya buys a pair of socks for ₹55 and pays with a ₹100 note. How much change does Aditya get (in ₹)?
  26. 26.How many notes of ₹10 make ₹40?
  27. 27.Price list: banana ₹6, ruler ₹13, juice box ₹30, crayon box ₹45.
    Which item costs the least?     (a) ruler (b) banana (c) crayon box (d) juice box
  28. 28.A banana costs ₹6 and a glue stick costs ₹21. How many rupees more does the glue stick cost?
  29. 29.Pooja has ₹1000. First Pooja pays for needs: a geometry box (₹50) and a water bottle (₹280). How many rupees are left for wants?
  30. 30.Farhan buys a notebook for ₹50 and pays with a ₹100 note. How much change does Farhan get (in ₹)?
  31. 31.Meera makes 2 friendship bands an hour and sells each one for ₹15. How many rupees can Meera earn from 1 hour of work?
  32. 32.After 50% off, a study lamp costs ₹260. What was the price before the sale (in ₹)?
  33. 33.Shop A sells 4 pairs of socks for ₹260. Shop B sells 6 pairs of socks for ₹360. Which shop is cheaper for one pair of socks? (a) Shop A (b) Shop B
  34. 34.Aditya gets ₹90 a week, spends ₹80 each week and saves the rest. How many rupees has Aditya saved after 7 weeks?
  35. 35.A pair of shoes costs ₹680. The shop gives 50% off. What is the sale price (in ₹)?
  36. 36.Zoya gets ₹80 pocket money every week. How many rupees is that in 4 weeks?
  37. 37.Diya has ₹630 for return gifts. Each gift costs ₹40. What is the greatest number of gifts Diya can buy?
  38. 38.Shop A sells 2 mangoes for ₹50. Shop B sells 4 mangoes for ₹160. Which shop is cheaper for one mango? (a) Shop B (b) Shop A
  39. 39.Joseph saves ₹20 every week for 4 weeks, then buys a board game for ₹20. How many rupees are left?
  40. 40.Kavya’s class stall spends ₹340 to make 21 greeting cards and sells all of them at ₹20 each. What is the profit (in ₹)?

Answer key

  1. 50
  2. 50
  3. 190
  4. crayon box
  5. 168
  6. 410
  7. 35
  8. two 50-rupee notes
  9. 15
  10. 950
  11. 3200
  12. 420
  13. 10
  14. 650
  15. 57
  16. 4
  17. No PIN to receive money
  18. 600
  19. Scanning a QR pays money
  20. Debit
  21. 712
  22. 10
  23. a new party dress
  24. 80
  25. 45
  26. 4
  27. banana
  28. 15
  29. 670
  30. 50
  31. 30
  32. 520
  33. Shop B
  34. 70
  35. 340
  36. 320
  37. 15
  38. Shop A
  39. 60
  40. 80

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