Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 503 · 40 sums

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.

1. 1.Of a ₹29000 monthly budget, 30% goes on food and 5% on rent. The rest is saved. What percent is saved?
2. 2.Joseph buys a pair of socks for ₹80 and pays with a ₹100 note. How much change does Joseph get (in ₹)?
3. 3.One small sweet costs 50 paise. How many rupees do 6 small sweets cost? =
4. 4.Manav gets a link: “Click now to win a phone worth ₹10000!” What should Manav do? (a) Click it to win (b) Send it to friends (c) Ignore it, tell a parent
5. 5.Which is worth more: a ₹2 coin or a ₹200 note? (a) 200-rupee note (b) 2-rupee coin
6. 6.Manav has 7 coins of ₹10. How many rupees does Manav have?
7. 7.Aarav has 2 notes of ₹100, 2 notes of ₹20 and 3 coins of ₹2. How many rupees does Aarav have?
8. 8.Which is worth more: a ₹50 note or a ₹100 note? (a) 50-rupee note (b) 100-rupee note
9. 9.A toffee costs ₹1. Pooja pays ₹10. How much change does Pooja get (in ₹)?
10. 10.A cricket bat costs ₹1000. Offer 1: 20% off. Offer 2: ₹130 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
11. 11.6 colour pencil sets cost ₹390. What does one colour pencil set cost (in ₹)?
12. 12.₹11 + ₹36 + ₹15 =
13. 13.Tara has 7 notes of ₹20. Arjun has 6 coins of ₹2. How many more rupees does Tara have?
14. 14.Vivaan wants to save ₹250 for a gift for Mum in 5 weeks, the same amount each week. How many rupees must Vivaan save each week?
15. 15.A school bag costs ₹340. The shop gives 20% off. What is the sale price (in ₹)?
16. 16.₹780 − ₹270 =
17. 17.A 2 kg bag of potatoes costs ₹50. A 1 kg bag costs ₹21. How many rupees per kg do you save with the cheaper bag?
18. 18.Rahul’s piggy bank has 3 coins of ₹20, 2 coins of ₹5 and 2 coins of ₹2. How many rupees are in it?
19. 19.A family plans ₹8000 for the month. 5% of it is for school fees. How many rupees is that?
20. 20.Riya buys 2 lunch boxes at ₹150 each and pays with a ₹500 note. How much change does Riya get (in ₹)?
21. 21.Tara keeps ₹600 in a bank at 9% simple interest per year. How much money will there be after 5 years (in ₹)?
22. 22.Riya buys a colour pencil set (₹75), a cricket ball (₹100), a notebook (₹40) and a water bottle (₹190). What is the total (in ₹)?
23. 23.A stall pays ₹7 for each friendship band and sells each one for ₹14. It sells 32 friendship bands. What is the total profit (in ₹)?
24. 24.Aditya’s class stall spends ₹280 to make 24 cups of lemonade and sells all of them at ₹10 each. What is the loss (in ₹)?
25. 25.Aditya has ₹400. First Aditya pays for needs: a school uniform (₹60) and a water bottle (₹100). How many rupees are left for wants?
26. 26.A dozen (12) bananas cost ₹48. What does one cost (in ₹)?
27. 27.Of a ₹39000 monthly budget, 25% goes on electricity and 50% on clothes. The rest is saved. What percent is saved?
28. 28.For Farhan, is “a glitter pen set” a need or a want? (a) Want (b) Need
29. 29.Arjun is making a shopping list. Which of these is a need? (a) a fancy phone cover (b) a bigger TV (c) school shoes (d) sweets every day
30. 30.A T-shirt costs ₹300 online. Delivery is ₹30 and a coupon takes ₹50 off. What is the final price (in ₹)?
31. 31.What is the smallest number of coins and notes that make ₹96?
32. 32.Kavya has 1 note of ₹100 and 1 note of ₹20. How many rupees does Kavya have?
33. 33.A family plans ₹25000 for the month. 20% of it is for school fees. How many rupees is that?
34. 34.Sneha’s father is sending ₹50000 to a friend by UPI. What should he check before he pays? (a) Only the phone colour (b) Nothing at all (c) The name and amount
35. 35.Arjun is making a shopping list. Which of these is a want? (a) a warm blanket (b) rice and dal (c) designer sunglasses (d) medicine when ill
36. 36.Arjun buys a toffee for ₹2 and an ice candy for ₹11. How many rupees does Arjun spend in all?
37. 37.Dev has 8 coins of ₹2. How many rupees does Dev have?
38. 38.Sneha keeps ₹2000 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
39. 39.Of a ₹50000 monthly budget, 20% goes on food and 50% on school fees. The rest is saved. What percent is saved?
40. 40.The bill for 4 water bottles and a storybook is ₹950. A water bottle costs ₹195. What does the storybook cost (in ₹)?

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