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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 408 · 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.Kavya takes out ₹550 from an ATM. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
  2. 2.Karan withdraws ₹650 at the bank counter. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
  3. 3.How many coins of ₹2 does Riya need to make ₹18?
  4. 4.Dev saves ₹80 every week for 11 weeks, then buys a cricket bat for ₹290. How many rupees are left?
  5. 5.A day trip costs ₹720 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
  6. 6.9 badminton rackets cost ₹3420. What does one badminton racket cost (in ₹)?
  7. 7.Aarav buys an eraser for ₹4 and a samosa for ₹17. How many rupees does Aarav spend in all?
  8. 8.Saanvi gets ₹15 pocket money every week. How many rupees is that in 8 weeks?
  9. 9.A stall pays ₹9 for each greeting card and sells each one for ₹15. It sells 18 greeting cards. What is the total profit (in ₹)?
  10. 10.Which coins and notes make exactly ₹122? (a) 100 + 20 + 2 (b) 50 + 20 + 2 (c) 100 + 2 + 2
  11. 11.Price list: kite ₹25, glue stick ₹23, samosa ₹11, crayon box ₹35.
    Joseph has ₹50 and buys a kite. How many rupees are left?
  12. 12.Isha makes 2 clay diyas an hour and sells each one for ₹5. How many rupees can Isha earn from 1 hour of work?
  13. 13.Which is the same money as one ₹500 note? (a) six 100-rupee notes (b) five 100-rupee notes (c) two 100-rupee notes
  14. 14.Riya’s mother has ₹1600 in her bank account. She pays ₹390 for a gas cylinder and ₹200 for vegetables by UPI. How many rupees are left in the account?
  15. 15.A 5 kg bag of wheat flour costs ₹190. A 10 kg bag costs ₹300. Which bag is cheaper per kg? (a) 5 kg bag (b) 10 kg bag
  16. 16.Aditya’s class stall spends ₹660 to make 28 paper bookmarks and sells all of them at ₹25 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
  17. 17.How many ₹1 coins make a ₹5 coin?
  18. 18.Rohan’s class stall spends ₹350 to make 12 greeting cards and sells all of them at ₹25 each. What is the loss (in ₹)?
  19. 19.Of a ₹21000 monthly budget, 5% goes on travel and 10% on school fees. The rest is saved. How many rupees are saved?
  20. 20.Ishaan gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Ishaan do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
  21. 21.For Zoya, is “a video game” a need or a want? (a) Want (b) Need
  22. 22.How many notes of ₹10 make ₹30?
  23. 23.A jacket costs ₹960. Offer 1: 50% off. Offer 2: ₹330 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
  24. 24.A stall pays ₹6 for each greeting card and sells each one for ₹8. It sells 35 greeting cards. What is the total profit (in ₹)?
  25. 25.Kavya has 8 notes of ₹50. How many rupees does Kavya have?
  26. 26.Aarav buys a pen for ₹14 and pays with a ₹100 note. How much change does Aarav get (in ₹)?
  27. 27.Vivaan has 2 coins of ₹2 and 3 coins of ₹20. How many rupees does Vivaan have?
  28. 28.A 1 kg bag of sugar costs ₹41. A 10 kg bag costs ₹460. Which bag is cheaper per kg? (a) 1 kg bag (b) 10 kg bag
  29. 29.Of a ₹10000 monthly budget, 50% goes on travel and 5% on clothes. The rest is saved. How many rupees are saved?
  30. 30.A toffee costs ₹1 and a samosa costs ₹13. How many rupees more does the samosa cost?
  31. 31.Kavya gets ₹200 pocket money every month. How many rupees is that in one year (12 months)?
  32. 32.Of a ₹42000 monthly budget, 20% goes on electricity and 10% on school fees. The rest is saved. What percent is saved?
  33. 33.Which coins and notes make exactly ₹32? (a) 20 + 10 + 2 (b) 10 + 2 + 2 (c) 20 + 5 + 2
  34. 34.The bill for 2 notebooks and a badminton racket is ₹445. A notebook costs ₹45. What does the badminton racket cost (in ₹)?
  35. 35.A football costs ₹720. Offer 1: 50% off. Offer 2: ₹240 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
  36. 36.Aarav buys a samosa for ₹15 and a banana for ₹4, and pays ₹50. How much change does Aarav get (in ₹)?
  37. 37.₹2.50 + ₹4 =
  38. 38.Rahul buys a colour pencil set for ₹80 and pays with a ₹100 note. How much change does Rahul get (in ₹)?
  39. 39.Manav sells 24 friendship bands at ₹10 each. How many rupees does Manav get?
  40. 40.Karan has 3 notes of ₹10. Kavya has 2 coins of ₹2. How many more rupees does Karan have?

Answer key

  1. Debit
  2. Debit
  3. 9
  4. 590
  5. 240
  6. 380
  7. 21
  8. 120
  9. 108
  10. 100 + 20 + 2
  11. 25
  12. 10
  13. five 100-rupee notes
  14. 1010
  15. 10 kg bag
  16. Profit
  17. 5
  18. 50
  19. 17850
  20. Never share the OTP
  21. Want
  22. 3
  23. Offer 1
  24. 70
  25. 400
  26. 86
  27. 64
  28. 1 kg bag
  29. 4500
  30. 12
  31. 2400
  32. 70
  33. 20 + 10 + 2
  34. 355
  35. Offer 1
  36. 31
  37. 6.5
  38. 20
  39. 240
  40. 26

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