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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 376 · 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.₹410 − ₹190 =
  2. 2.₹200 earns 8% simple interest per year. In how many years will the interest be ₹32?
  3. 3.Which is worth the least: a ₹5 coin, a ₹1 coin or a ₹100 note? (a) 1-rupee coin (b) 100-rupee note (c) 5-rupee coin
  4. 4.Aditya has ₹850. First Aditya pays for needs: school shoes (₹160) and a raincoat (₹140). How many rupees are left for wants?
  5. 5.Gurpreet’s passbook:
    Opening balance: ₹5000
    Debit: ₹250
    Credit: ₹450
    Credit: ₹350
    Credit: ₹400
    What is the total of all the debits (in ₹)?
  6. 6.Vivaan has 2 coins of ₹2. How many rupees does Vivaan have?
  7. 7.A cricket bat costs ₹160. The shop gives 50% off. What is the sale price (in ₹)?
  8. 8.Meera buys 3 bananas at ₹5 each and pays ₹20. How much change does Meera get (in ₹)?
  9. 9.Count up to find the change from ₹50: ₹11 + ₹? = ₹50
  10. 10.A board game costs ₹360. The shop gives 50% off. How many rupees is the discount?
  11. 11.A 5 kg bag of potatoes costs ₹180. A 10 kg bag costs ₹300. How many rupees per kg do you save with the cheaper bag?
  12. 12.Riya buys a storybook for ₹120 and a mango for ₹25, and pays with a ₹500 note. How much change does Riya get (in ₹)?
  13. 13.2 badminton rackets cost ₹850. What does one badminton racket cost (in ₹)?
  14. 14.Price list: sticker sheet ₹11, notebook ₹35, pencil ₹3, banana ₹6.
    How many rupees more does a sticker sheet cost than a pencil?
  15. 15.How many coins of ₹2 does Sneha need to make ₹8?
  16. 16.A stall pays ₹6 for each greeting card and sells each one for ₹9. It sells 18 greeting cards. What is the total profit (in ₹)?
  17. 17.Riya saves ₹30 every week for 12 weeks, then buys a storybook set for ₹210. How many rupees are left?
  18. 18.Kavya buys a storybook (₹100), a water bottle (₹225), a notebook (₹55) and a cricket ball (₹125). What is the total (in ₹)?
  19. 19.The bill for a cricket ball and a pair of socks is ₹220. A cricket ball costs ₹150. What does the pair of socks cost (in ₹)?
  20. 20.Ishaan buys an ice candy for ₹10 and a balloon for ₹10. How many rupees does Ishaan spend in all?
  21. 21.Priya has 7 notes of ₹100. How many rupees does Priya have?
  22. 22.Isha’s passbook:
    Opening balance: ₹2100
    Credit (money in): ₹200
    Debit (money out): ₹?
    Closing balance: ₹2000
    How many rupees was the debit?
  23. 23.One pen costs ₹11. How much do 2 pens cost (in ₹)?
  24. 24.A day trip costs ₹380 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
  25. 25.Riya wants a gift for Mum that costs ₹245, has ₹110 already and saves ₹30 every week. In how many weeks will Riya have enough?
  26. 26.Shop A sells a football for ₹335 with free delivery. Shop B sells it for ₹325 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
  27. 27.Priya buys a plate of idli for ₹55 and pays with a ₹100 note. How much change does Priya get (in ₹)?
  28. 28.Shop A sells 4 mangoes for ₹120. Shop B sells 2 mangoes for ₹40. What does one mango cost at the cheaper shop (in ₹)?
  29. 29.A message says Meera has won ₹2000. It asks for the UPI PIN to send the prize. What is true? (a) No PIN to receive money (b) Prizes need your PIN (c) Enter the PIN quickly
  30. 30.Meera keeps ₹1500 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
  31. 31.One toffee costs 50 paise. How many rupees do 3 toffees cost? =
  32. 32.A day trip costs ₹650 in all. 5 friends share the cost equally. How much does each friend pay (in ₹)?
  33. 33.Ishaan is making a shopping list. Which of these is a need? (a) extra comic books (b) a video game (c) school shoes (d) a fancy phone cover
  34. 34.A skipping rope costs ₹36. Dev has ₹20 and ₹10. How many more rupees does Dev need?
  35. 35.What is the smallest number of coins and notes that make ₹101?
  36. 36.A board game costs ₹580. Offer 1: 10% off. Offer 2: ₹70 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
  37. 37.Gurpreet has one ₹100 piece of money. Is it a coin or a note? (a) Note (b) Coin
  38. 38.Aditya got ₹280 in 8 weeks, the same amount every week. How many rupees is that each week?
  39. 39.Tara wants to save ₹340 for a storybook set in 17 weeks, the same amount each week. How many rupees must Tara save each week?
  40. 40.Ananya’s class stall spends ₹490 to make 32 paper bookmarks and sells all of them at ₹20 each. What is the profit (in ₹)?

Answer key

  1. 220
  2. 2
  3. 1-rupee coin
  4. 550
  5. 250
  6. 4
  7. 80
  8. 5
  9. 39
  10. 180
  11. 6
  12. 355
  13. 425
  14. 8
  15. 4
  16. 54
  17. 150
  18. 505
  19. 70
  20. 20
  21. 700
  22. 300
  23. 22
  24. 190
  25. 5
  26. 30
  27. 45
  28. 20
  29. No PIN to receive money
  30. 240
  31. 1.5
  32. 130
  33. school shoes
  34. 6
  35. 2
  36. Offer 2
  37. Note
  38. 35
  39. 20
  40. 150

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