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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 33 · 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.Sneha has 10 coins of ₹20. How many rupees does Sneha have?
  2. 2.What is the smallest number of coins and notes that make ₹36?
  3. 3.Tara has 1 note of ₹500 and 2 notes of ₹50. How many rupees does Tara have?
  4. 4.Meera’s mother has ₹2300 in her bank account. She pays ₹290 for bread and ₹320 for fruit by UPI. How many rupees are left in the account?
  5. 5.Shop A sells a football for ₹305 with free delivery. Shop B sells it for ₹420 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
  6. 6.Of a ₹22000 monthly budget, 20% goes on electricity and 10% on food. The rest is saved. What percent is saved?
  7. 7.Zoya gets ₹20 every day. How many rupees is that in one week (7 days)?
  8. 8.Kavya sells 21 cups of lemonade at ₹5 each. How many rupees does Kavya get?
  9. 9.₹500 earns 6% simple interest per year. In how many years will the interest be ₹60?
  10. 10.Ishaan wants to save ₹360 for an art kit in 4 weeks, the same amount each week. How many rupees must Ishaan save each week?
  11. 11.Farhan has a budget of ₹500 for a birthday party. The balloons cost ₹50, the decorations cost ₹30 and the juice cost ₹30. How many rupees are left?
  12. 12.Sneha has 3 notes of ₹100, 1 note of ₹20 and 3 coins of ₹2. How many rupees does Sneha have?
  13. 13.Diya has ₹730 for return gifts. Each gift costs ₹30. What is the greatest number of gifts Diya can buy?
  14. 14.A study lamp costs ₹660. The shop gives 50% off. How many rupees is the discount?
  15. 15.₹1300 earns 4% simple interest per year. In how many years will the interest be ₹104?
  16. 16.Rohan takes out ₹1950 from an ATM. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
  17. 17.For Vivaan, is “extra comic books” a need or a want? (a) Want (b) Need
  18. 18.Of a ₹26000 monthly budget, 20% goes on clothes and 10% on school fees. The rest is saved. How many rupees are saved?
  19. 19.Shop A sells 5 pens for ₹55. Shop B sells 2 pens for ₹36. Which shop is cheaper for one pen? (a) Shop A (b) Shop B
  20. 20.Shop A sells 5 pens for ₹110. Shop B sells 6 pens for ₹120. Which shop is cheaper for one pen? (a) Shop A (b) Shop B
  21. 21.How many notes of ₹100 make ₹600?
  22. 22.Meera’s passbook:
    Opening balance: ₹4400
    Debit: ₹100
    Credit: ₹450
    Credit: ₹150
    Debit: ₹500
    What is the closing balance (in ₹)?
  23. 23.Price list: balloon ₹8, banana ₹6, eraser ₹5, sharpener ₹9.
    Which item costs the most?
    (a) eraser (b) sharpener (c) balloon (d) banana
  24. 24.3 storybooks cost ₹570. How much do 8 storybooks cost (in ₹)?
  25. 25.Lakshmi’s passbook:
    Opening balance: ₹3200
    Debit: ₹150
    Debit: ₹50
    Credit: ₹150
    Credit: ₹500
    What is the closing balance (in ₹)?
  26. 26.Shop A sells 2 plates of idli for ₹60. Shop B sells 4 plates of idli for ₹180. What does one plate of idli cost at the cheaper shop (in ₹)?
  27. 27.Arjun has ₹14. A kite costs ₹17. Does Arjun have enough money to buy it? (a) No (b) Yes
  28. 28.Riya wants a bicycle that costs ₹2780, has ₹590 already and saves ₹200 every week. In how many weeks will Riya have enough?
  29. 29.A 10 kg bag of potatoes costs ₹290. A 1 kg bag costs ₹40. How many rupees per kg do you save with the cheaper bag?
  30. 30.Kavya has 6 coins of ₹5 and 2 coins of ₹2. How many rupees does Kavya have?
  31. 31.Karan’s piggy bank has 1 coin of ₹10, 4 coins of ₹5 and 1 coin of ₹2. How many rupees are in it?
  32. 32.Farhan has 2 notes of ₹200 and 5 notes of ₹50. How many rupees does Farhan have?
  33. 33.One paper clip costs 50 paise. How many rupees do 7 paper clips cost? =
  34. 34.Someone online asks Meera 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
  35. 35.Rohan has 2 notes of ₹200, 1 note of ₹10 and 3 coins of ₹5. How many rupees does Rohan have?
  36. 36.₹28 + ₹32 + ₹13 =
  37. 37.Rahul has 9 coins of ₹2. How many rupees does Rahul have?
  38. 38.Kavya buys a mango for ₹30 and pays with a ₹100 note. How much change does Kavya get (in ₹)?
  39. 39.Gurpreet buys a notebook for ₹60 and pays with a ₹100 note. How much change does Gurpreet get (in ₹)?
  40. 40.Riya has ₹1. A sticker sheet costs ₹5. Does Riya have enough money to buy it? (a) No (b) Yes

Answer key

  1. 200
  2. 4
  3. 600
  4. 1690
  5. Shop A
  6. 70
  7. 140
  8. 105
  9. 2
  10. 90
  11. 390
  12. 326
  13. 24
  14. 330
  15. 2
  16. Debit
  17. Want
  18. 18200
  19. Shop A
  20. Shop B
  21. 6
  22. 4400
  23. sharpener
  24. 1520
  25. 3650
  26. 30
  27. No
  28. 11
  29. 11
  30. 34
  31. 32
  32. 650
  33. 3.5
  34. No one
  35. 425
  36. 73
  37. 18
  38. 70
  39. 40
  40. No

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