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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 419 · 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.

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  1. 1.Manav buys a samosa (₹14), a mango (₹25), a lunch box (₹190) and a school bag (₹645). What is the total (in ₹)?
  2. 2.₹1800 earns 8% simple interest per year. In how many years will the interest be ₹144?
  3. 3.Which is the same money as one ₹200 note? (a) four 100-rupee notes (b) six 100-rupee notes (c) two 100-rupee notes
  4. 4.How many pairs of socks can you buy with ₹320 if one costs ₹80?
  5. 5.Arjun gets ₹1800 interest from the bank. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
  6. 6.Price list: pencil ₹3, balloon ₹10, notebook ₹40, ruler ₹15.
    Which item costs the most?     (a) ruler (b) pencil (c) balloon (d) notebook
  7. 7.₹9 + ₹13 + ₹34 =
  8. 8.Kabir keeps ₹1500 in a bank at 8% simple interest per year. How much money will there be after 5 years (in ₹)?
  9. 9.A raincoat costs ₹240. The shop gives 20% off. What is the sale price (in ₹)?
  10. 10.₹20 + ₹1 + ₹? = ₹23
  11. 11.Kabir wants a storybook set that costs ₹360. Kabir saves ₹30 every week. How many weeks will it take?
  12. 12.Meera gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Meera do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
  13. 13.A raincoat costs ₹940. The shop gives 50% off. How many rupees is the discount?
  14. 14.The bill for 2 storybooks and a colour pencil set is ₹290. A storybook costs ₹95. What does the colour pencil set cost (in ₹)?
  15. 15.How many notes of ₹50 make ₹150?
  16. 16.Dev’s piggy bank has 3 coins of ₹20, 3 coins of ₹5 and 3 coins of ₹1. How many rupees are in it?
  17. 17.Aditya’s class stall spends ₹255 to make 19 greeting cards and sells all of them at ₹15 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
  18. 18.Aarav buys 4 bananas at ₹7 each and pays ₹50. How much change does Aarav get (in ₹)?
  19. 19.Shop A sells a school bag for ₹525 with free delivery. Shop B sells it for ₹670 plus ₹40 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
  20. 20.Which is the same money as one ₹100 note? (a) six 50-rupee notes (b) five 50-rupee notes (c) two 50-rupee notes
  21. 21.For Pooja, is “a toy robot” a need or a want? (a) Want (b) Need
  22. 22.Price list: ice candy ₹14, banana ₹5, toffee ₹3, juice box ₹25.
    How much do 5 ice candies cost (in ₹)?
  23. 23.Riya has 7 notes of ₹10. Aditya has 4 notes of ₹100. Who has more money? (a) Riya (b) Aditya
  24. 24.Isha gets ₹75 pocket money every week. How many rupees is that in 4 weeks?
  25. 25.Dev’s mother has ₹1100 in her bank account. She pays ₹360 for bread and ₹160 for school books by UPI. How many rupees are left in the account?
  26. 26.₹730 − ₹480 =
  27. 27.12 children go on a school trip to the planetarium. The bus costs ₹30 for each child and the ticket costs ₹35 for each child. What is the total cost (in ₹)?
  28. 28.₹28 − ₹26 =
  29. 29.Rohan has ₹13. A biscuit packet costs ₹11. Does Rohan have enough money to buy it? (a) No (b) Yes
  30. 30.₹420 − ₹330 =
  31. 31.A dozen (12) pencils cost ₹48. What does one cost (in ₹)?
  32. 32.Shop A sells a T-shirt for ₹260 with free delivery. Shop B sells it for ₹310 plus ₹50 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
  33. 33.Farhan gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Farhan do? (a) Send it by message (b) Never share the OTP (c) Read the OTP out
  34. 34.Farhan has ₹790 for return gifts. Each gift costs ₹20. What is the greatest number of gifts Farhan can buy?
  35. 35.Price list: juice box ₹30, samosa ₹13, kite ₹21, eraser ₹4.
    Which item costs the least?     (a) kite (b) samosa (c) eraser (d) juice box
  36. 36.Vivaan is making a shopping list. Which of these is a want? (a) milk (b) soap (c) a warm blanket (d) a sticker album
  37. 37.How many ₹100 notes make a ₹500 note?
  38. 38.Riya has 8 coins of ₹5. Ananya has 6 notes of ₹50. Who has more money? (a) Ananya (b) Riya
  39. 39.Count up to find the change from ₹10: ₹5 + ₹? = ₹10
  40. 40.Vivaan has ₹15. An ice candy costs ₹15. Does Vivaan have enough money to buy it? (a) No (b) Yes

Answer key

  1. 874
  2. 1
  3. two 100-rupee notes
  4. 4
  5. Credit
  6. notebook
  7. 56
  8. 2100
  9. 192
  10. 2
  11. 12
  12. Never share the OTP
  13. 470
  14. 100
  15. 3
  16. 78
  17. Profit
  18. 22
  19. Shop A
  20. two 50-rupee notes
  21. Want
  22. 70
  23. Aditya
  24. 300
  25. 580
  26. 250
  27. 780
  28. 2
  29. Yes
  30. 90
  31. 4
  32. Shop A
  33. Never share the OTP
  34. 39
  35. eraser
  36. a sticker album
  37. 5
  38. Ananya
  39. 5
  40. Yes

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