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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 501 · 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.Farhan’s passbook:
    Opening balance: ₹4400
    Credit (money in): ₹950
    Debit (money out): ₹4800
    What is the balance now (in ₹)?
  2. 2.Price list: pencil ₹8, samosa ₹12, toffee ₹3, juice box ₹25.
    Which item costs the least?     (a) samosa (b) juice box (c) pencil (d) toffee
  3. 3.Which is worth more: a ₹1 coin or a ₹500 note? (a) 1-rupee coin (b) 500-rupee note
  4. 4.Which is worth more: a ₹10 coin or a ₹500 note? (a) 10-rupee coin (b) 500-rupee note
  5. 5.Diya spends ₹200 of ₹800 pocket money on books. What percent is that?
  6. 6.Count up to find the change from ₹20: ₹5 + ₹? = ₹20
  7. 7.Isha has 2 coins of ₹1. Tara has 6 notes of ₹10. How many more rupees does Tara have?
  8. 8.Lakshmi saves ₹50 every week for 4 weeks, then buys a wristwatch for ₹160. How many rupees are left?
  9. 9.Kabir keeps ₹1200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
  10. 10.How many paise are there in ₹4.50?
  11. 11.Pooja had ₹94. Pooja spent ₹18 on a biscuit packet. How many rupees are left?
  12. 12.Nisha’s shop bill:
    2 mangoes at ₹35 each
    4 water bottles at ₹210 each
    1 badminton racket at ₹510
    What is the total bill (in ₹)?
  13. 13.How many coins of ₹20 does Priya need to make ₹60?
  14. 14.Shop A sells 6 mangoes for ₹180. Shop B sells 2 mangoes for ₹80. What does one mango cost at the cheaper shop (in ₹)?
  15. 15.After 10% off, a football costs ₹180. What was the price before the sale (in ₹)?
  16. 16.Lakshmi spends ₹140 on things to make 35 cupcakes and sells them all at ₹5 each. How many rupees does Lakshmi earn after paying the costs?
  17. 17.Aditya has 7 notes of ₹50. How many rupees does Aditya have?
  18. 18.Which is the same money as one ₹50 note? (a) three 10-rupee notes (b) four 10-rupee notes (c) five 10-rupee notes
  19. 19.Isha buys a glue stick for ₹18 and a toffee for ₹1. How many rupees does Isha spend in all?
  20. 20.Price list: notebook ₹30, pencil ₹8, juice box ₹20, balloon ₹7.
    How much do 4 balloons cost (in ₹)?
  21. 21.Of a ₹40000 monthly budget, 30% goes on electricity and 10% on travel. The rest is saved. How many rupees are saved?
  22. 22.Arjun wants to save ₹4050 for a bicycle in 9 weeks, the same amount each week. How many rupees must Arjun save each week?
  23. 23.Rahul has 1 note of ₹200, 2 notes of ₹10 and 5 coins of ₹5. How many rupees does Rahul have?
  24. 24.Count up to find the change from ₹50: ₹16 + ₹? = ₹50
  25. 25.There are 38 children in a class. Each child needs one pen at ₹14. What is the total cost (in ₹)?
  26. 26.Isha buys a toffee for ₹3 and a kite for ₹16, and pays ₹50. How much change does Isha get (in ₹)?
  27. 27.Diya buys a juice box for ₹30 and a toffee for ₹3. How many rupees does Diya spend in all?
  28. 28.Shop A sells 4 pens for ₹80. Shop B sells 6 pens for ₹66. Which shop is cheaper for one pen? (a) Shop A (b) Shop B
  29. 29.A day trip costs ₹1560 in all. 4 friends share the cost equally. How much does each friend pay (in ₹)?
  30. 30.How many paise are there in ₹15.50?
  31. 31.A kite costs ₹17. Meera pays ₹20. How much change does Meera get (in ₹)?
  32. 32.Meera gets ₹200 pocket money every month. How many rupees is that in one year (12 months)?
  33. 33.Which coins and notes make exactly ₹31? (a) 100 + 20 + 1 (b) 20 + 10 + 1 (c) 20 + 2 + 1
  34. 34.Ishaan’s passbook:
    Opening balance: ₹4100
    Credit: ₹100
    Debit: ₹350
    Credit: ₹150
    Credit: ₹200
    What is the total of all the debits (in ₹)?
  35. 35.After 10% off, a water bottle costs ₹126. What was the price before the sale (in ₹)?
  36. 36.Ananya has 2 notes of ₹200, 3 notes of ₹10 and 5 coins of ₹1. How many rupees does Ananya have?
  37. 37.Pooja’s class stall spends ₹150 to make 14 greeting cards and sells all of them at ₹10 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
  38. 38.Arjun’s passbook:
    Opening balance: ₹2000
    Credit: ₹300
    Debit: ₹500
    Credit: ₹500
    Credit: ₹50
    What is the closing balance (in ₹)?
  39. 39.Ananya gets ₹50 a week, spends ₹30 each week and saves the rest. How many rupees has Ananya saved after 4 weeks?
  40. 40.Kabir had ₹25. Kabir spent ₹10 on a sticker sheet. How many rupees are left?

Answer key

  1. 550
  2. toffee
  3. 500-rupee note
  4. 500-rupee note
  5. 25
  6. 15
  7. 58
  8. 40
  9. 108
  10. 450
  11. 76
  12. 1420
  13. 3
  14. 30
  15. 200
  16. 35
  17. 350
  18. five 10-rupee notes
  19. 19
  20. 28
  21. 24000
  22. 450
  23. 245
  24. 34
  25. 532
  26. 31
  27. 33
  28. Shop B
  29. 390
  30. 1550
  31. 3
  32. 2400
  33. 20 + 10 + 1
  34. 350
  35. 140
  36. 435
  37. Loss
  38. 2350
  39. 80
  40. 15

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