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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 407 · 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.A stall pays ₹4 for each friendship band and sells each one for ₹9. It sells 30 friendship bands. What is the total profit (in ₹)?
  2. 2.Farhan gets ₹25 pocket money every week. How many rupees is that in 9 weeks?
  3. 3.After 20% off, a cricket bat costs ₹416. What was the price before the sale (in ₹)?
  4. 4.Riya wants to save ₹700 for a wristwatch in 7 weeks, the same amount each week. How many rupees must Riya save each week?
  5. 5.Of a ₹13000 monthly budget, 40% goes on rent and 50% on clothes. The rest is saved. What percent is saved?
  6. 6.₹1 + ₹100 + ₹? = ₹151
  7. 7.Shop A sells 2 colour pencil sets for ₹140. Shop B sells 3 colour pencil sets for ₹255. Which shop is cheaper for one colour pencil set? (a) Shop A (b) Shop B
  8. 8.Meera sells 10 greeting cards at ₹5 each. How many rupees does Meera get?
  9. 9.How many cricket balls can you buy with ₹675 if one costs ₹135?
  10. 10.Meera gets a link: “Click now to win a phone worth ₹1000!” What should Meera do? (a) Ignore it, tell a parent (b) Send it to friends (c) Click it to win
  11. 11.Price list: eraser ₹4, ice candy ₹9, samosa ₹13, ruler ₹8.
    Aarav has ₹20 and buys a ruler. How many rupees are left?
  12. 12.Priya has 6 coins of ₹2 and 6 coins of ₹1. How many rupees does Priya have?
  13. 13.Lakshmi has ₹500 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Lakshmi can buy?
  14. 14.For Diya, is “school shoes” a need or a want? (a) Need (b) Want
  15. 15.Which is worth the least: a ₹500 note, a ₹20 note or a ₹1 coin? (a) 1-rupee coin (b) 20-rupee note (c) 500-rupee note
  16. 16.A dozen (12) bananas cost ₹72. What does one cost (in ₹)?
  17. 17.Rahul has 9 notes of ₹50. How many rupees does Rahul have?
  18. 18.Rahul’s piggy bank has 1 coin of ₹10, 3 coins of ₹2 and 1 coin of ₹1. How many rupees are in it?
  19. 19.Isha got ₹330 in 6 weeks, the same amount every week. How many rupees is that each week?
  20. 20.Joseph saves ₹30 every week for 6 weeks, then buys a cricket bat for ₹120. How many rupees are left?
  21. 21.Rohan buys 4 cricket balls at ₹115 each and pays with a ₹500 note. How much change does Rohan get (in ₹)?
  22. 22.How many mangoes can you buy with ₹210 if one costs ₹35?
  23. 23.A banana costs ₹7 and a glue stick costs ₹24. How many rupees more does the glue stick cost?
  24. 24.Joseph has 10 coins of ₹20. How many rupees does Joseph have?
  25. 25.Diya buys a pen for ₹13 and pays with a ₹100 note. How much change does Diya get (in ₹)?
  26. 26.Tara buys an ice candy for ₹10 and a crayon box for ₹30. How many rupees does Tara spend in all?
  27. 27.Farhan has 2 coins of ₹1 and 6 coins of ₹5. How many rupees does Farhan have?
  28. 28.Riya wants a wristwatch that costs ₹955, has ₹350 already and saves ₹20 every week. In how many weeks will Riya have enough?
  29. 29.Lakshmi buys 2 pencils at ₹6 each and pays ₹20. How much change does Lakshmi get (in ₹)?
  30. 30.Aarav has one ₹5 piece of money. Is it a coin or a note? (a) Coin (b) Note
  31. 31.Aditya’s passbook:
    Opening balance: ₹2400
    Debit: ₹50
    Debit: ₹450
    Credit: ₹350
    Credit: ₹450
    What is the closing balance (in ₹)?
  32. 32.One colour pencil set costs ₹60. How much do 8 colour pencil sets cost (in ₹)?
  33. 33.Nisha’s class stall spends ₹120 to make 36 clay diyas and sells all of them at ₹5 each. What is the profit (in ₹)?
  34. 34.How many notes of ₹100 make ₹700?
  35. 35.Which is worth more: a ₹5 coin or a ₹1 coin? (a) 5-rupee coin (b) 1-rupee coin
  36. 36.Aditya has 8 notes of ₹20. How many rupees does Aditya have?
  37. 37.A stall pays ₹19 for each plate of bhel and sells each one for ₹21. It sells 39 plates of bhel. What is the total profit (in ₹)?
  38. 38.Lakshmi keeps ₹800 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
  39. 39.Karan has a budget of ₹1500 for a birthday party. The return gifts cost ₹130, the decorations cost ₹80 and the cake cost ₹360. How many rupees are left?
  40. 40.₹430 + ₹160 =

Answer key

  1. 150
  2. 225
  3. 520
  4. 100
  5. 10
  6. 50
  7. Shop A
  8. 50
  9. 5
  10. Ignore it, tell a parent
  11. 12
  12. 18
  13. 33
  14. Need
  15. 1-rupee coin
  16. 6
  17. 450
  18. 17
  19. 55
  20. 60
  21. 40
  22. 6
  23. 17
  24. 200
  25. 87
  26. 40
  27. 32
  28. 31
  29. 8
  30. Coin
  31. 2700
  32. 480
  33. 60
  34. 7
  35. 5-rupee coin
  36. 160
  37. 78
  38. 32
  39. 930
  40. 590

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