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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 396 · 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.Lakshmi buys a T-shirt for ₹320 and a pair of socks for ₹75, and pays with a ₹500 note. How much change does Lakshmi get (in ₹)?
  2. 2.A school bag costs ₹490 online. Delivery is ₹30 and a coupon takes ₹10 off. What is the final price (in ₹)?
  3. 3.A notebook costs ₹35 and a crayon box costs ₹30. How many rupees more does the notebook cost?
  4. 4.Of a ₹47000 monthly budget, 50% goes on food and 25% on rent. The rest is saved. What percent is saved?
  5. 5.Diya’s passbook:
    Opening balance: ₹2000
    Credit: ₹300
    Credit: ₹450
    Debit: ₹50
    Debit: ₹500
    What is the closing balance (in ₹)?
  6. 6.A day trip costs ₹1080 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
  7. 7.Zoya’s passbook:
    Opening balance: ₹3800
    Debit: ₹250
    Debit: ₹450
    Credit: ₹450
    Debit: ₹400
    What is the total of all the debits (in ₹)?
  8. 8.A pair of shoes costs ₹180. The shop gives 10% off. How many rupees is the discount?
  9. 9.₹14.50 − ₹6 =
  10. 10.750 paise is how many rupees? =
  11. 11.Someone online asks Vivaan for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) A friend at school (c) No one
  12. 12.Aarav has ₹42 in a piggy bank. Mausi gives Aarav ₹21 more. How many rupees does Aarav have now?
  13. 13.4 notebooks cost ₹240. What does one notebook cost (in ₹)?
  14. 14.₹20 + ₹50 + ₹? = ₹170
  15. 15.Count up to find the change from ₹500: ₹430 + ₹? = ₹500
  16. 16.Isha wants a cricket bat that costs ₹470, has ₹150 already and saves ₹50 every week. In how many weeks will Isha have enough?
  17. 17.For Aarav, is “a glitter pen set” a need or a want? (a) Need (b) Want
  18. 18.Priya has a budget of ₹1000 for a birthday party. The return gifts cost ₹110, the cake cost ₹100 and the balloons cost ₹130. How many rupees are left?
  19. 19.Farhan has 1 note of ₹20 and 4 notes of ₹10. How many rupees does Farhan have?
  20. 20.3 cricket balls cost ₹390. What does one cricket ball cost (in ₹)?
  21. 21.A 1 kg bag of wheat flour costs ₹37. A 10 kg bag costs ₹300. How many rupees per kg do you save with the cheaper bag?
  22. 22.A 1 kg bag of onions costs ₹33. A 5 kg bag costs ₹205. How many rupees per kg do you save with the cheaper bag?
  23. 23.Rahul gets ₹30 a week, spends ₹10 each week and saves the rest. How many rupees has Rahul saved after 4 weeks?
  24. 24.Rahul has ₹450. First Rahul pays for needs: notebooks (₹100) and school shoes (₹90). How many rupees are left for wants?
  25. 25.A school bag costs ₹320. Offer 1: 25% off. Offer 2: ₹130 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
  26. 26.Rahul gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Rahul do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
  27. 27.A family plans ₹16000 for the month. 30% of it is for electricity. How many rupees is that?
  28. 28.2 friends run a stall selling plates of bhel and make a profit of ₹520. They share it equally. How many rupees does each friend get?
  29. 29.Pooja buys a colour pencil set (₹110), a badminton racket (₹375), a mango (₹20) and a pen (₹15). What is the total (in ₹)?
  30. 30.Diya has ₹400. In a piggy bank it stays ₹400. In a bank at 3% simple interest per year, how many rupees more will Diya have after 1 year?
  31. 31.Which is the biggest amount: ₹70, ₹14 or ₹73? (a) 70 rupees (b) 14 rupees (c) 73 rupees
  32. 32.A dozen (12) bangles cost ₹156. What does one cost (in ₹)?
  33. 33.Rohan gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Rohan do? (a) Read the OTP out (b) Never share the OTP (c) Send it by message
  34. 34.There are 18 children in a class. Each child needs one pen at ₹10. What is the total cost (in ₹)?
  35. 35.One sticker sheet costs ₹5. A pack of 3 sticker sheets costs ₹12. How many rupees do you save by buying the pack instead of 3 single ones?
  36. 36.₹37 + ₹9 + ₹7 =
  37. 37.Lakshmi buys 3 mangoes at ₹25 each and pays with a ₹200 note. How much change does Lakshmi get (in ₹)?
  38. 38.Rahul keeps ₹1200 in a bank. After 1 year the simple interest is ₹60. What is the rate of interest per year (in %)?
  39. 39.3 friends run a stall selling cups of lemonade and make a profit of ₹1500. They share it equally. How many rupees does each friend get?
  40. 40.Nisha is making a shopping list. Which of these is a need? (a) a video game (b) drinking water (c) a third cricket bat (d) a glitter pen set

Answer key

  1. 105
  2. 510
  3. 5
  4. 25
  5. 2200
  6. 540
  7. 1100
  8. 18
  9. 8.5
  10. 7.5
  11. No one
  12. 63
  13. 60
  14. 100
  15. 70
  16. 7
  17. Want
  18. 660
  19. 60
  20. 130
  21. 7
  22. 8
  23. 80
  24. 260
  25. Offer 2
  26. Never share the OTP
  27. 4800
  28. 260
  29. 520
  30. 12
  31. 73 rupees
  32. 13
  33. Never share the OTP
  34. 180
  35. 3
  36. 53
  37. 125
  38. 5
  39. 500
  40. drinking water

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