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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 400 · 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.Riya gets a link: “Click now to win a phone worth ₹1000!” What should Riya do? (a) Send it to friends (b) Click it to win (c) Ignore it, tell a parent
  2. 2.Price list: balloon ₹7, samosa ₹14, pencil ₹8, toffee ₹1.
    Which item costs the most?     (a) balloon (b) toffee (c) samosa (d) pencil
  3. 3.Sneha keeps ₹1500 in a bank at 10% simple interest per year. How much money will there be after 3 years (in ₹)?
  4. 4.Zoya’s class stall spends ₹185 to make 37 paper bookmarks and sells all of them at ₹5 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
  5. 5.Gurpreet has ₹400. First Gurpreet pays for needs: school shoes (₹90) and a school uniform (₹70). How many rupees are left for wants?
  6. 6.9 storybooks cost ₹1755. What does one storybook cost (in ₹)?
  7. 7.Arjun buys a cricket ball for ₹110 and a pair of socks for ₹60, and pays with a ₹500 note. How much change does Arjun get (in ₹)?
  8. 8.Pooja buys 5 erasers at ₹2 each and pays ₹20. How much change does Pooja get (in ₹)?
  9. 9.Zoya had ₹83. Zoya spent ₹7 on a banana. How many rupees are left?
  10. 10.5 storybooks cost ₹700. What does one storybook cost (in ₹)?
  11. 11.A dozen (12) guavas cost ₹108. What does one cost (in ₹)?
  12. 12.Arjun gets ₹60 a week, spends ₹15 each week and saves the rest. How many rupees has Arjun saved after 4 weeks?
  13. 13.Aditya buys a juice box for ₹20 and a notebook for ₹25. How many rupees does Aditya spend in all?
  14. 14.₹13 + ₹9.50 =
  15. 15.Shop A sells a lunch box for ₹185 with free delivery. Shop B sells it for ₹215 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
  16. 16.A family plans ₹7000 for the month. 40% of it is for electricity. How many rupees is that?
  17. 17.One pencil costs ₹6. A pack of 3 pencils costs ₹17. How many rupees do you save by buying the pack instead of 3 single ones?
  18. 18.4 friends run a stall selling cupcakes and make a profit of ₹320. They share it equally. How many rupees does each friend get?
  19. 19.Shop A sells a football for ₹265 with free delivery. Shop B sells it for ₹450 plus ₹50 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
  20. 20.Shop A sells 6 plates of idli for ₹330. Shop B sells 4 plates of idli for ₹180. Which shop is cheaper for one plate of idli? (a) Shop A (b) Shop B
  21. 21.Saanvi gets ₹150 pocket money every month. How many rupees is that in one year (12 months)?
  22. 22.Saanvi wants a gift for Mum that costs ₹480. Saanvi saves ₹30 every week. How many weeks will it take?
  23. 23.Riya spends ₹60 on things to make 24 cupcakes and sells them all at ₹5 each. How many rupees does Riya earn after paying the costs?
  24. 24.Of a ₹7000 monthly budget, 10% goes on school fees and 30% on travel. The rest is saved. What percent is saved?
  25. 25.Karan spends ₹110 to start a stall and sells each clay diya for ₹30. What is the smallest number Karan must sell to get back the ₹110?
  26. 26.Joseph is making a shopping list. Which of these is a want? (a) milk (b) a school uniform (c) a fancy phone cover (d) vegetables
  27. 27.Zoya gets ₹250 pocket money every month. How many rupees is that in one year (12 months)?
  28. 28.Arjun’s class stall spends ₹420 to make 37 paper bookmarks and sells all of them at ₹15 each. What is the profit (in ₹)?
  29. 29.Shop A sells a badminton racket for ₹400 with free delivery. Shop B sells it for ₹570 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
  30. 30.A cricket ball costs ₹125 online. Delivery is ₹70 and a coupon takes ₹40 off. What is the final price (in ₹)?
  31. 31.Which is the smallest amount: ₹73, ₹32 or ₹39? (a) 73 rupees (b) 39 rupees (c) 32 rupees
  32. 32.Priya gets ₹350 pocket money every month. How many rupees is that in one year (12 months)?
  33. 33.A dozen (12) guavas cost ₹48. What does one cost (in ₹)?
  34. 34.Nisha’s shop bill:
    4 lunch boxes at ₹270 each
    1 notebook at ₹55
    2 storybooks at ₹125 each
    What is the total bill (in ₹)?
  35. 35.A colouring book costs ₹69. Ananya has ₹20 and ₹10. How many more rupees does Ananya need?
  36. 36.Shop A sells 4 samosas for ₹52. Shop B sells 3 samosas for ₹57. What does one samosa cost at the cheaper shop (in ₹)?
  37. 37.Isha has 4 notes of ₹50, 4 notes of ₹10 and 5 coins of ₹2. How many rupees does Isha have?
  38. 38.Kavya spends ₹290 on things to make 28 paper bookmarks and sells them all at ₹15 each. How many rupees does Kavya earn after paying the costs?
  39. 39.Dev’s father is sending ₹5000 to a friend by UPI. What should he check before he pays? (a) The name and amount (b) Only the phone colour (c) Nothing at all
  40. 40.Which is the same money as one ₹50 note? (a) six 10-rupee notes (b) five 10-rupee notes (c) two 10-rupee notes

Answer key

  1. Ignore it, tell a parent
  2. samosa
  3. 1950
  4. No profit, no loss
  5. 240
  6. 195
  7. 330
  8. 10
  9. 76
  10. 140
  11. 9
  12. 180
  13. 45
  14. 22.5
  15. 50
  16. 2800
  17. 1
  18. 80
  19. Shop A
  20. Shop B
  21. 1800
  22. 16
  23. 60
  24. 60
  25. 4
  26. a fancy phone cover
  27. 3000
  28. 135
  29. 190
  30. 155
  31. 32 rupees
  32. 4200
  33. 4
  34. 1385
  35. 39
  36. 13
  37. 250
  38. 130
  39. The name and amount
  40. five 10-rupee notes

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