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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 357 · 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.

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  1. 1.Which is worth more: a ₹500 note or a ₹100 note? (a) 100-rupee note (b) 500-rupee note
  2. 2.The bill for a samosa and a mango is ₹55. A samosa costs ₹20. What does the mango cost (in ₹)?
  3. 3.What is the smallest number of coins and notes that make ₹55?
  4. 4.Diya’s passbook:
    Opening balance: ₹2800
    Debit: ₹250
    Credit: ₹100
    Debit: ₹100
    Credit: ₹50
    What is the total of all the debits (in ₹)?
  5. 5.₹410 − ₹290 =
  6. 6.₹? + ₹50 + ₹1 = ₹61
  7. 7.A sticker sheet costs ₹6. Isha pays ₹20. How much change does Isha get (in ₹)?
  8. 8.A message says Isha has won ₹1000. It asks for the UPI PIN to send the prize. What is true? (a) Enter the PIN quickly (b) No PIN to receive money (c) Prizes need your PIN
  9. 9.A school bag costs ₹700. The shop gives 50% off. What is the sale price (in ₹)?
  10. 10.For Dev, is “a sticker album” a need or a want? (a) Want (b) Need
  11. 11.3 T-shirts cost ₹1200. What does one T-shirt cost (in ₹)?
  12. 12.Arjun gets ₹26 every day. How many rupees is that in one week (7 days)?
  13. 13.Which is worth more: a ₹2 coin or a ₹50 note? (a) 50-rupee note (b) 2-rupee coin
  14. 14.Gurpreet has 3 coins of ₹20 and 4 coins of ₹1. How many rupees does Gurpreet have?
  15. 15.How many coins of ₹20 does Joseph need to make ₹160?
  16. 16.The bill for 3 storybooks and a badminton racket is ₹905. A storybook costs ₹130. What does the badminton racket cost (in ₹)?
  17. 17.Isha spends ₹110 to start a stall and sells each cupcake for ₹5. What is the smallest number Isha must sell to get back the ₹110?
  18. 18.Shop A sells 4 colour pencil sets for ₹360. Shop B sells 5 colour pencil sets for ₹325. What does one colour pencil set cost at the cheaper shop (in ₹)?
  19. 19.Meera sees that ₹2000 was sent to a wrong number by mistake. What should Meera do first? (a) Keep it a secret (b) Tell a parent at once (c) Pay again to fix it
  20. 20.Dev’s passbook:
    Opening balance: ₹4300
    Credit: ₹300
    Credit: ₹450
    Debit: ₹150
    Credit: ₹350
    What is the closing balance (in ₹)?
  21. 21.Meera has 4 notes of ₹100 and 4 notes of ₹20. How many rupees does Meera have?
  22. 22.Count up to find the change from ₹50: ₹5 + ₹? = ₹50
  23. 23.Gurpreet buys 3 notebooks at ₹55 each and pays with a ₹200 note. How much change does Gurpreet get (in ₹)?
  24. 24.Farhan had ₹60. Farhan spent ₹15 on a kite. How many rupees are left?
  25. 25.₹36 + ₹40 + ₹14 =
  26. 26.Rohan buys a samosa (₹18), a water bottle (₹215), a school bag (₹520) and a badminton racket (₹345). What is the total (in ₹)?
  27. 27.A stall pays ₹20 for each paper bookmark and sells each one for ₹22. It sells 22 paper bookmarks. What is the total profit (in ₹)?
  28. 28.Meera’s passbook:
    Opening balance: ₹3100
    Credit: ₹150
    Debit: ₹400
    Debit: ₹350
    Credit: ₹500
    What is the closing balance (in ₹)?
  29. 29.Ananya spends ₹700 on things to make 36 cups of lemonade and sells them all at ₹20 each. How many rupees does Ananya earn after paying the costs?
  30. 30.A water bottle costs ₹140. The shop gives 10% off. What is the sale price (in ₹)?
  31. 31.Meera has 2 notes of ₹10. Arjun has 8 notes of ₹50. How many more rupees does Arjun have?
  32. 32.A study lamp costs ₹800. The shop gives 10% off. What is the sale price (in ₹)?
  33. 33.Priya deposits ₹1200 of birthday money. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
  34. 34.5 children go on a school trip to the planetarium. The bus costs ₹30 for each child and the ticket costs ₹20 for each child. What is the total cost (in ₹)?
  35. 35.Vivaan spends ₹70 to start a stall and sells each cupcake for ₹10. What is the smallest number Vivaan must sell to get back the ₹70?
  36. 36.₹39 + ₹24 + ₹21 =
  37. 37.What do 2 mangoes at ₹20 each and 2 footballs at ₹285 each cost in all (in ₹)?
  38. 38.₹78 + ₹5 =
  39. 39.A dozen (12) eggs cost ₹96. What does one cost (in ₹)?
  40. 40.Which is worth more: a ₹10 coin or a ₹2 coin? (a) 2-rupee coin (b) 10-rupee coin

Answer key

  1. 500-rupee note
  2. 35
  3. 2
  4. 350
  5. 120
  6. 10
  7. 14
  8. No PIN to receive money
  9. 350
  10. Want
  11. 400
  12. 182
  13. 50-rupee note
  14. 64
  15. 8
  16. 515
  17. 22
  18. 65
  19. Tell a parent at once
  20. 5250
  21. 480
  22. 45
  23. 35
  24. 45
  25. 90
  26. 1098
  27. 44
  28. 3000
  29. 20
  30. 126
  31. 380
  32. 720
  33. Credit
  34. 250
  35. 7
  36. 84
  37. 610
  38. 83
  39. 8
  40. 10-rupee coin

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