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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 447 · 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.Ananya is making a shopping list. Which of these is a want? (a) medicine when ill (b) a schoolbag (c) a video game (d) rice and dal
  2. 2.₹16 + ₹15.50 =
  3. 3.What is the smallest number of coins and notes that make ₹92?
  4. 4.Farhan has ₹27 in a piggy bank. Nana gives Farhan ₹16 more. How many rupees does Farhan have now?
  5. 5.Manav has ₹1600. In a piggy bank it stays ₹1600. In a bank at 9% simple interest per year, how many rupees more will Manav have after 1 year?
  6. 6.How many ₹20 coins make a ₹100 note?
  7. 7.Gurpreet spends ₹290 to start a stall and sells each paper bookmark for ₹30. What is the smallest number Gurpreet must sell to get back the ₹290?
  8. 8.Meera is making a shopping list. Which of these is a want? (a) medicine when ill (b) a school uniform (c) a raincoat (d) a fancy phone cover
  9. 9.Tara has 2 coins of ₹1. Rohan has 7 notes of ₹100. Who has less money? (a) Tara (b) Rohan
  10. 10.Vivaan keeps ₹300 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 4 years?
  11. 11.A T-shirt costs ₹265 online. Delivery is ₹30 and a coupon takes ₹30 off. What is the final price (in ₹)?
  12. 12.Priya has 2 notes of ₹100 and 4 notes of ₹10. How many rupees does Priya have?
  13. 13.₹22 − ₹13 =
  14. 14.Isha wants a storybook set that costs ₹420. Isha saves ₹70 every week. How many weeks will it take?
  15. 15.Aarav has 5 notes of ₹20. Arjun has 2 notes of ₹10. Who has more money? (a) Arjun (b) Aarav
  16. 16.Which is worth more: a ₹10 coin or a ₹1 coin? (a) 1-rupee coin (b) 10-rupee coin
  17. 17.Which is worth more: a ₹20 coin or a ₹10 note? (a) 10-rupee note (b) 20-rupee coin
  18. 18.A family plans ₹27000 for the month. 25% of it is for school fees. How many rupees is that?
  19. 19.Arjun sells 27 cups of lemonade at ₹10 each. How many rupees does Arjun get?
  20. 20.A family plans ₹13000 for the month. 5% of it is for rent. How many rupees is that?
  21. 21.₹660 − ₹280 =
  22. 22.Arjun’s passbook:
    Opening balance: ₹2000
    Credit: ₹150
    Credit: ₹500
    Credit: ₹150
    Debit: ₹450
    What is the total of all the debits (in ₹)?
  23. 23.Isha has 3 notes of ₹10. How many rupees does Isha have?
  24. 24.4 samosas cost ₹52. How much do 8 samosas cost (in ₹)?
  25. 25.Gurpreet has 3 coins of ₹1 and 3 coins of ₹2. How many rupees does Gurpreet have?
  26. 26.How many paise are there in ₹17?
  27. 27.How many notes of ₹10 make ₹40?
  28. 28.Saanvi keeps ₹1200 in a bank. After 3 years the simple interest is ₹324. What is the rate of interest per year (in %)?
  29. 29.A skipping rope costs ₹60. Ananya has ₹5 and ₹10. How many more rupees does Ananya need?
  30. 30.Vivaan has ₹580 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Vivaan can buy?
  31. 31.Lakshmi has one ₹2 piece of money. Is it a coin or a note? (a) Coin (b) Note
  32. 32.Shop A sells a football for ₹305 with free delivery. Shop B sells it for ₹410 plus ₹30 delivery. How many rupees do you save by buying from the cheaper shop?
  33. 33.Farhan has 2 notes of ₹50. How many rupees does Farhan have?
  34. 34.Ananya gets ₹40 a week, spends ₹30 each week and saves the rest. How many rupees has Ananya saved after 2 weeks?
  35. 35.Farhan has ₹300 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Farhan can buy?
  36. 36.Aarav has ₹800. First Aarav pays for needs: a school uniform (₹80) and socks (₹230). How many rupees are left for wants?
  37. 37.A day trip costs ₹450 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
  38. 38.Aarav gets ₹25 pocket money every week. How many rupees is that in 10 weeks?
  39. 39.Vivaan has 9 notes of ₹50. Priya has 2 notes of ₹20. Who has less money? (a) Vivaan (b) Priya
  40. 40.A crayon box costs ₹30 and an eraser costs ₹3. How many rupees more does the crayon box cost?

Answer key

  1. a video game
  2. 31.5
  3. 4
  4. 43
  5. 144
  6. 5
  7. 10
  8. a fancy phone cover
  9. Tara
  10. 96
  11. 265
  12. 240
  13. 9
  14. 6
  15. Aarav
  16. 10-rupee coin
  17. 20-rupee coin
  18. 6750
  19. 270
  20. 650
  21. 380
  22. 450
  23. 30
  24. 104
  25. 9
  26. 1700
  27. 4
  28. 9
  29. 45
  30. 11
  31. Coin
  32. 135
  33. 100
  34. 20
  35. 6
  36. 490
  37. 150
  38. 250
  39. Priya
  40. 27

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