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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 345 · 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.Gurpreet has ₹1000 for a picnic. Food costs ₹70 and tickets cost ₹890. Is ₹1000 enough? (a) Yes (b) No
  2. 2.Isha wants to save ₹420 for a storybook set in 14 weeks, the same amount each week. How many rupees must Isha save each week?
  3. 3.A stranger asks Sneha to scan a QR code to “get” ₹2000. What is true? (a) It gives you money (b) QR codes are always safe (c) Scanning a QR pays money
  4. 4.Zoya is making a shopping list. Which of these is a need? (a) a glitter pen set (b) a third cricket bat (c) extra comic books (d) bus fare to school
  5. 5.Joseph gets ₹30 pocket money every week. How many rupees is that in 9 weeks?
  6. 6.Dev wants a football that costs ₹600, has ₹110 already and saves ₹90 every week. In how many weeks will Dev have enough?
  7. 7.₹1600 earns 4% simple interest per year. In how many years will the interest be ₹128?
  8. 8.A cricket bat costs ₹800. The shop gives 20% off. What is the sale price (in ₹)?
  9. 9.Which is worth more: a ₹1 coin or a ₹500 note? (a) 500-rupee note (b) 1-rupee coin
  10. 10.A toffee costs ₹3 and a kite costs ₹14. How many rupees more does the kite cost?
  11. 11.How many notes of ₹10 make ₹80?
  12. 12.One toffee costs ₹1.50. How many rupees do 10 toffees cost? =
  13. 13.Riya had ₹74. Riya spent ₹8 on a pencil. How many rupees are left?
  14. 14.A toy car costs ₹40. Nisha has ₹10 and ₹5. How many more rupees does Nisha need?
  15. 15.Joseph gets a link: “Click now to win a phone worth ₹2000!” What should Joseph do? (a) Click it to win (b) Send it to friends (c) Ignore it, tell a parent
  16. 16.Which coins and notes make exactly ₹160? (a) 50 + 10 + 1 (b) 100 + 50 + 10 (c) 100 + 50 + 1
  17. 17.After 10% off, a cricket bat costs ₹432. What was the price before the sale (in ₹)?
  18. 18.A glue stick costs ₹18 and a sharpener costs ₹7. How many rupees more does the glue stick cost?
  19. 19.Priya has ₹600. First Priya pays for needs: a water bottle (₹150) and notebooks (₹170). How many rupees are left for wants?
  20. 20.Sneha has 8 notes of ₹100. Saanvi has 4 coins of ₹2. Who has more money? (a) Saanvi (b) Sneha
  21. 21.Arjun’s piggy bank has 2 coins of ₹10, 2 coins of ₹2 and 1 coin of ₹1. How many rupees are in it?
  22. 22.A stall pays ₹10 for each cupcake and sells each one for ₹13. It sells 19 cupcakes. What is the total profit (in ₹)?
  23. 23.2 cricket balls cost ₹220. What does one cricket ball cost (in ₹)?
  24. 24.Karan has 3 notes of ₹100, 2 notes of ₹10 and 1 coin of ₹5. How many rupees does Karan have?
  25. 25.A toy car costs ₹81. Dev has ₹10 and ₹5. How many more rupees does Dev need?
  26. 26.Aarav buys an eraser for ₹2 and a sticker sheet for ₹5, and pays ₹50. How much change does Aarav get (in ₹)?
  27. 27.Shop A sells a lunch box for ₹275 with free delivery. Shop B sells it for ₹230 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
  28. 28.How many paise are there in ₹2.50?
  29. 29.Diya’s passbook:
    Opening balance: ₹1400
    Credit (money in): ₹750
    Debit (money out): ₹?
    Closing balance: ₹1900
    How many rupees was the debit?
  30. 30.Of a ₹17000 monthly budget, 25% goes on food and 5% on rent. The rest is saved. What percent is saved?
  31. 31.Zoya sells 25 cups of lemonade at ₹10 each. How many rupees does Zoya get?
  32. 32.Meera buys a crayon box for ₹45 and a sharpener for ₹4. How many rupees does Meera spend in all?
  33. 33.A pair of shoes costs ₹300. Offer 1: 50% off. Offer 2: ₹110 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
  34. 34.Ananya keeps ₹1600 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
  35. 35.Vivaan has ₹500 for a picnic. Food costs ₹120 and tickets cost ₹280. Is ₹500 enough? (a) No (b) Yes
  36. 36.Joseph’s passbook:
    Opening balance: ₹4000
    Debit: ₹200
    Debit: ₹50
    Credit: ₹500
    Debit: ₹100
    What is the closing balance (in ₹)?
  37. 37.₹? + ₹20 + ₹10 = ₹130
  38. 38.Sneha buys 3 pencils at ₹3 each and pays ₹50. How much change does Sneha get (in ₹)?
  39. 39.₹86 − ₹40 =
  40. 40.Price list: pencil ₹4, crayon box ₹30, balloon ₹10, banana ₹7.
    How many rupees more does a balloon cost than a pencil?

Answer key

  1. Yes
  2. 30
  3. Scanning a QR pays money
  4. bus fare to school
  5. 270
  6. 6
  7. 2
  8. 640
  9. 500-rupee note
  10. 11
  11. 8
  12. 15
  13. 66
  14. 25
  15. Ignore it, tell a parent
  16. 100 + 50 + 10
  17. 480
  18. 11
  19. 280
  20. Sneha
  21. 25
  22. 57
  23. 110
  24. 325
  25. 66
  26. 43
  27. 5
  28. 250
  29. 250
  30. 70
  31. 250
  32. 49
  33. Offer 1
  34. 256
  35. Yes
  36. 4150
  37. 100
  38. 41
  39. 46
  40. 6

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