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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 485 · 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.₹68 − ₹13 =
  2. 2.Of a ₹35000 monthly budget, 50% goes on electricity and 20% on clothes. The rest is saved. What percent is saved?
  3. 3.Farhan’s piggy bank has 4 coins of ₹20, 4 coins of ₹10 and 5 coins of ₹1. How many rupees are in it?
  4. 4.Rohan buys a colour pencil set (₹100), a mango (₹30), a cricket ball (₹120) and a plate of idli (₹35). What is the total (in ₹)?
  5. 5.Karan has ₹14. A balloon costs ₹10. Does Karan have enough money to buy it? (a) Yes (b) No
  6. 6.Price list: kite ₹15, sticker sheet ₹7, samosa ₹16, pencil ₹3.
    How much do a kite and a sticker sheet cost together (in ₹)?
  7. 7.Joseph had ₹43. Joseph spent ₹2 on a toffee. How many rupees are left?
  8. 8.Aditya has 4 coins of ₹2 and 4 coins of ₹5. How many rupees does Aditya have?
  9. 9.Sneha has ₹700 for return gifts. Each gift costs ₹20. What is the greatest number of gifts Sneha can buy?
  10. 10.How many paise are there in ₹12?
  11. 11.Manav has 6 coins of ₹2. How many rupees does Manav have?
  12. 12.One mango costs ₹20. How much do 4 mangoes cost (in ₹)?
  13. 13.Joseph gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Joseph do? (a) Send it by message (b) Never share the OTP (c) Read the OTP out
  14. 14.Price list: eraser ₹2, sticker sheet ₹6, ruler ₹10, juice box ₹30.
    How many rupees more does a ruler cost than a sticker sheet?
  15. 15.Shop A sells 3 pens for ₹72. Shop B sells 2 pens for ₹34. What does one pen cost at the cheaper shop (in ₹)?
  16. 16.₹200 earns 2% simple interest per year. In how many years will the interest be ₹8?
  17. 17.₹1900 earns 10% simple interest per year. In how many years will the interest be ₹380?
  18. 18.Lakshmi has ₹500 for a picnic. Food costs ₹250 and tickets cost ₹250. Is ₹500 enough? (a) Yes (b) No
  19. 19.A jacket costs ₹160. The shop gives 50% off. How many rupees is the discount?
  20. 20.₹1300 earns 7% simple interest per year. In how many years will the interest be ₹182?
  21. 21.A 1 kg bag of potatoes costs ₹35. A 2 kg bag costs ₹78. How many rupees per kg do you save with the cheaper bag?
  22. 22.Kavya has 5 coins of ₹2 and 5 coins of ₹10. How many rupees does Kavya have?
  23. 23.What do 3 water bottles at ₹185 each and 4 geometry boxes at ₹150 each cost in all (in ₹)?
  24. 24.A message says Sneha has won ₹500. It asks for the UPI PIN to send the prize. What is true? (a) Enter the PIN quickly (b) No PIN to receive money (c) Prizes need your PIN
  25. 25.Sneha spends ₹60 of ₹600 pocket money on books. What percent is that?
  26. 26.A sharpener costs ₹7. Farhan pays ₹10. How much change does Farhan get (in ₹)?
  27. 27.Aditya’s passbook:
    Opening balance: ₹3500
    Debit: ₹250
    Debit: ₹300
    Debit: ₹350
    Credit: ₹150
    What is the closing balance (in ₹)?
  28. 28.₹46 + ₹33 =
  29. 29.Someone online asks Farhan for the family UPI PIN. Who should ever be told a PIN or OTP? (a) No one (b) A friend at school (c) A caller from the bank
  30. 30.Which coins and notes make exactly ₹62? (a) 50 + 10 + 2 (b) 20 + 10 + 2 (c) 50 + 10 + 10
  31. 31.A pencil costs ₹4 and a ruler costs ₹15. How many rupees more does the ruler cost?
  32. 32.A day trip costs ₹400 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
  33. 33.The bill for 2 water bottles and a pair of socks is ₹310. A water bottle costs ₹130. What does the pair of socks cost (in ₹)?
  34. 34.Of a ₹38000 monthly budget, 40% goes on travel and 50% on clothes. The rest is saved. What percent is saved?
  35. 35.Rahul pays a bill of ₹500 by UPI. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
  36. 36.Isha’s passbook:
    Opening balance: ₹4100
    Credit (money in): ₹600
    Debit (money out): ₹?
    Closing balance: ₹2300
    How many rupees was the debit?
  37. 37.Vivaan wants a wristwatch that costs ₹520. Vivaan saves ₹40 every week. How many weeks will it take?
  38. 38.Vivaan spends ₹200 to start a stall and sells each clay diya for ₹5. What is the smallest number Vivaan must sell to get back the ₹200?
  39. 39.A study lamp costs ₹720. The shop gives 20% off. What is the sale price (in ₹)?
  40. 40.Dev sells 19 cupcakes at ₹15 each. How many rupees does Dev get?

Answer key

  1. 55
  2. 30
  3. 125
  4. 285
  5. Yes
  6. 22
  7. 41
  8. 28
  9. 35
  10. 1200
  11. 12
  12. 80
  13. Never share the OTP
  14. 4
  15. 17
  16. 2
  17. 2
  18. Yes
  19. 80
  20. 2
  21. 4
  22. 60
  23. 1155
  24. No PIN to receive money
  25. 10
  26. 3
  27. 2750
  28. 79
  29. No one
  30. 50 + 10 + 2
  31. 11
  32. 200
  33. 50
  34. 10
  35. Debit
  36. 2400
  37. 13
  38. 40
  39. 576
  40. 285

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