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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 385 · 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.Karan wants a cricket bat that costs ₹465, has ₹30 already and saves ₹90 every week. In how many weeks will Karan have enough?
  2. 2.₹14 + ₹11 =
  3. 3.Farhan is making a shopping list. Which of these is a want? (a) drinking water (b) vegetables (c) a sticker album (d) a warm blanket
  4. 4.What do 5 cricket balls at ₹105 each and 3 lunch boxes at ₹170 each cost in all (in ₹)?
  5. 5.A stranger asks Priya to scan a QR code to “get” ₹50000. What is true? (a) Scanning a QR pays money (b) QR codes are always safe (c) It gives you money
  6. 6.A raincoat costs ₹540. The shop gives 25% off. How many rupees is the discount?
  7. 7.What is the smallest number of coins and notes that make ₹117?
  8. 8.Of a ₹12000 monthly budget, 10% goes on rent and 20% on food. The rest is saved. What percent is saved?
  9. 9.Which is the same money as one ₹500 note? (a) two 100-rupee notes (b) three 100-rupee notes (c) five 100-rupee notes
  10. 10.Ananya has ₹550. First Ananya pays for needs: a water bottle (₹140) and a raincoat (₹90). How many rupees are left for wants?
  11. 11.A pencil costs ₹3. Arjun pays ₹10. How much change does Arjun get (in ₹)?
  12. 12.Pooja buys an ice candy for ₹13 and a samosa for ₹13, and pays ₹50. How much change does Pooja get (in ₹)?
  13. 13.Lakshmi has a budget of ₹500 for a birthday party. The return gifts cost ₹80, the decorations cost ₹120 and the balloons cost ₹70. How many rupees are left?
  14. 14.₹270 − ₹40 =
  15. 15.₹500 earns 8% simple interest per year. In how many years will the interest be ₹120?
  16. 16.500 paise is how many rupees? =
  17. 17.Arjun buys a kite for ₹24 and a biscuit packet for ₹20. How many rupees does Arjun spend in all?
  18. 18.₹44 + ₹7 =
  19. 19.Of a ₹8000 monthly budget, 40% goes on rent and 20% on travel. The rest is saved. How many rupees are saved?
  20. 20.Pooja keeps ₹1900 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
  21. 21.How many coins of ₹10 does Isha need to make ₹90?
  22. 22.Vivaan gets ₹45 pocket money every week. How many rupees is that in 9 weeks?
  23. 23.Which coins and notes make exactly ₹152? (a) 100 + 10 + 2 (b) 100 + 50 + 2 (c) 50 + 2 + 2
  24. 24.Gurpreet’s passbook:
    Opening balance: ₹800
    Credit (money in): ₹400
    Debit (money out): ₹500
    What is the balance now (in ₹)?
  25. 25.Which is the biggest amount: ₹90, ₹59 or ₹41? (a) 59 rupees (b) 41 rupees (c) 90 rupees
  26. 26.Karan has 3 coins of ₹2 and 2 coins of ₹10. How many rupees does Karan have?
  27. 27.4 samosas cost ₹60. How much do 2 samosas cost (in ₹)?
  28. 28.Karan has 2 coins of ₹5 and 6 coins of ₹20. How many rupees does Karan have?
  29. 29.Meera’s father is sending ₹25000 to a friend by UPI. What should he check before he pays? (a) Only the phone colour (b) Nothing at all (c) The name and amount
  30. 30.Ananya’s passbook:
    Opening balance: ₹2000
    Credit (money in): ₹50
    Debit (money out): ₹1400
    What is the balance now (in ₹)?
  31. 31.Kabir’s passbook:
    Opening balance: ₹1300
    Credit (money in): ₹800
    Debit (money out): ₹?
    Closing balance: ₹1600
    How many rupees was the debit?
  32. 32.3 friends run a stall selling cups of lemonade and make a profit of ₹1350. They share it equally. How many rupees does each friend get?
  33. 33.What do 2 cricket balls at ₹130 each and 2 mangoes at ₹35 each cost in all (in ₹)?
  34. 34.Which is the same money as one ₹200 note? (a) two 50-rupee notes (b) four 50-rupee notes (c) three 50-rupee notes
  35. 35.₹2.50 + ₹3.50 =
  36. 36.Gurpreet’s passbook:
    Opening balance: ₹2800
    Credit (money in): ₹200
    Debit (money out): ₹2900
    What is the balance now (in ₹)?
  37. 37.One toffee costs ₹1.50. How many rupees do 6 toffees cost? =
  38. 38.Which is worth more: a ₹20 coin or a ₹5 coin? (a) 5-rupee coin (b) 20-rupee coin
  39. 39.Vivaan gets ₹80 a week, spends ₹75 each week and saves the rest. How many rupees has Vivaan saved after 4 weeks?
  40. 40.Aditya has ₹550. First Aditya pays for needs: a water bottle (₹120) and a geometry box (₹130). How many rupees are left for wants?

Answer key

  1. 5
  2. 25
  3. a sticker album
  4. 1035
  5. Scanning a QR pays money
  6. 135
  7. 4
  8. 70
  9. five 100-rupee notes
  10. 320
  11. 7
  12. 24
  13. 230
  14. 230
  15. 3
  16. 5
  17. 44
  18. 51
  19. 3200
  20. 152
  21. 9
  22. 405
  23. 100 + 50 + 2
  24. 700
  25. 90 rupees
  26. 26
  27. 30
  28. 130
  29. The name and amount
  30. 650
  31. 500
  32. 450
  33. 330
  34. four 50-rupee notes
  35. 6
  36. 100
  37. 9
  38. 20-rupee coin
  39. 20
  40. 300

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