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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 50 · 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.Ishaan has 3 notes of ₹200 and 1 note of ₹20. How many rupees does Ishaan have?
  2. 2.Rahul’s class stall spends ₹1080 to make 40 plates of bhel and sells all of them at ₹25 each. What is the loss (in ₹)?
  3. 3.Zoya is making a shopping list. Which of these is a want? (a) a new party dress (b) rice and dal (c) vegetables (d) a raincoat
  4. 4.For Isha, is “medicine when ill” a need or a want? (a) Need (b) Want
  5. 5.Kavya’s class stall spends ₹140 to make 10 clay diyas and sells all of them at ₹10 each. What is the loss (in ₹)?
  6. 6.Priya is making a shopping list. Which of these is a want? (a) vegetables (b) a schoolbag (c) school shoes (d) a remote-control car
  7. 7.What do 5 pens at ₹11 each and 3 pairs of socks at ₹80 each cost in all (in ₹)?
  8. 8.₹600 earns 2% simple interest per year. In how many years will the interest be ₹24?
  9. 9.Which is worth more: a ₹1 coin or a ₹20 note? (a) 1-rupee coin (b) 20-rupee note
  10. 10.Gurpreet buys 3 pairs of socks at ₹60 each and pays with a ₹500 note. How much change does Gurpreet get (in ₹)?
  11. 11.Manav has 4 notes of ₹50. How many rupees does Manav have?
  12. 12.Price list: pencil ₹8, crayon box ₹35, toffee ₹3, banana ₹4.
    How many rupees more does a pencil cost than a toffee?
  13. 13.Ananya has 8 notes of ₹100. How many rupees does Ananya have?
  14. 14.Isha gets ₹100 a week, spends ₹25 each week and saves the rest. How many rupees has Isha saved after 2 weeks?
  15. 15.Shop A sells a cricket ball for ₹145 with free delivery. Shop B sells it for ₹130 plus ₹70 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
  16. 16.Rahul has ₹450. First Rahul pays for needs: a school uniform (₹140) and notebooks (₹140). How many rupees are left for wants?
  17. 17.How many notebooks can you buy with ₹495 if one costs ₹55?
  18. 18.₹18 + ₹7.50 =
  19. 19.Pooja buys 4 sticker sheets at ₹8 each and pays ₹50. How much change does Pooja get (in ₹)?
  20. 20.7 plates of idli cost ₹245. How much do 4 plates of idli cost (in ₹)?
  21. 21.What do 4 notebooks at ₹50 each and 2 mangoes at ₹25 each cost in all (in ₹)?
  22. 22.Vivaan’s passbook:
    Opening balance: ₹3900
    Credit (money in): ₹350
    Debit (money out): ₹?
    Closing balance: ₹4200
    How many rupees was the debit?
  23. 23.Diya has ₹950 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Diya can buy?
  24. 24.A 2 kg bag of onions costs ₹62. A 10 kg bag costs ₹260. Which bag is cheaper per kg? (a) 10 kg bag (b) 2 kg bag
  25. 25.Price list: eraser ₹5, crayon box ₹50, notebook ₹35, toffee ₹1.
    How many rupees more does a crayon box cost than a notebook?
  26. 26.A board game costs ₹160. The shop gives 50% off. How many rupees is the discount?
  27. 27.Arjun gets ₹1450 interest from the bank. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
  28. 28.A school bag costs ₹140. The shop gives 50% off. How many rupees is the discount?
  29. 29.Nisha’s passbook:
    Opening balance: ₹3000
    Credit: ₹100
    Credit: ₹50
    Credit: ₹200
    Debit: ₹150
    What is the total of all the credits (in ₹)?
  30. 30.Joseph has ₹310 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Joseph can buy?
  31. 31.What is the smallest number of coins and notes that make ₹124?
  32. 32.₹35 + ₹23 =
  33. 33.Count up to find the change from ₹10: ₹3 + ₹? = ₹10
  34. 34.₹1200 earns 10% simple interest per year. In how many years will the interest be ₹600?
  35. 35.Which is worth more: a ₹1 coin or a ₹5 coin? (a) 5-rupee coin (b) 1-rupee coin
  36. 36.A family plans ₹26000 for the month. 50% of it is for school fees. How many rupees is that?
  37. 37.Gurpreet’s mother has ₹1800 in her bank account. She pays ₹70 for medicines and ₹340 for vegetables by UPI. How many rupees are left in the account?
  38. 38.Tara spends ₹240 to start a stall and sells each greeting card for ₹10. What is the smallest number Tara must sell to get back the ₹240?
  39. 39.Aditya has one ₹200 piece of money. Is it a coin or a note? (a) Coin (b) Note
  40. 40.Priya gets ₹50 a week, spends ₹20 each week and saves the rest. How many rupees has Priya saved after 6 weeks?

Answer key

  1. 620
  2. 80
  3. a new party dress
  4. Need
  5. 40
  6. a remote-control car
  7. 295
  8. 2
  9. 20-rupee note
  10. 320
  11. 200
  12. 5
  13. 800
  14. 150
  15. Shop A
  16. 170
  17. 9
  18. 25.5
  19. 18
  20. 140
  21. 250
  22. 50
  23. 19
  24. 10 kg bag
  25. 15
  26. 80
  27. Credit
  28. 70
  29. 350
  30. 6
  31. 4
  32. 58
  33. 7
  34. 5
  35. 5-rupee coin
  36. 13000
  37. 1390
  38. 24
  39. Note
  40. 180

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