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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 506 · 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.How many coins of ₹5 does Ananya need to make ₹40?
  2. 2.Shop A sells a lunch box for ₹285 with free delivery. Shop B sells it for ₹250 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
  3. 3.A stall pays ₹16 for each friendship band and sells each one for ₹26. It sells 13 friendship bands. What is the total profit (in ₹)?
  4. 4.Zoya has 9 coins of ₹2. Rahul has 8 coins of ₹5. How many more rupees does Rahul have?
  5. 5.Aarav spends ₹250 on things to make 16 clay diyas and sells them all at ₹20 each. How many rupees does Aarav earn after paying the costs?
  6. 6.A dozen (12) guavas cost ₹72. What does one cost (in ₹)?
  7. 7.Zoya buys a school bag (₹490), a pen (₹12), a samosa (₹17) and a notebook (₹45). What is the total (in ₹)?
  8. 8.5 friends run a stall selling paper bookmarks and make a profit of ₹650. They share it equally. How many rupees does each friend get?
  9. 9.What do 2 pairs of socks at ₹50 each and 4 lunch boxes at ₹205 each cost in all (in ₹)?
  10. 10.A family plans ₹12000 for the month. 20% of it is for school fees. How many rupees is that?
  11. 11.Dev has a budget of ₹1500 for a birthday party. The decorations cost ₹180, the cake cost ₹340 and the snacks cost ₹370. How many rupees are left?
  12. 12.What is the smallest number of coins and notes that make ₹153?
  13. 13.What is the smallest number of coins and notes that make ₹41?
  14. 14.For Joseph, is “a fancy phone cover” a need or a want? (a) Need (b) Want
  15. 15.Lakshmi’s passbook:
    Opening balance: ₹2300
    Credit: ₹300
    Debit: ₹500
    Debit: ₹350
    Debit: ₹400
    What is the closing balance (in ₹)?
  16. 16.Arjun buys an eraser for ₹4 and a pencil for ₹5. How many rupees does Arjun spend in all?
  17. 17.Diya’s passbook:
    Opening balance: ₹1200
    Credit (money in): ₹300
    Debit (money out): ₹?
    Closing balance: ₹600
    How many rupees was the debit?
  18. 18.Price list: biscuit packet ₹11, ruler ₹9, samosa ₹17, pencil ₹3.
    How much do 3 biscuit packets cost (in ₹)?
  19. 19.How many paise are there in ₹10?
  20. 20.Arjun’s mother has ₹1700 in her bank account. She pays ₹100 for a gas cylinder and ₹240 for bread by UPI. How many rupees are left in the account?
  21. 21.Shop A sells 4 colour pencil sets for ₹240. Shop B sells 2 colour pencil sets for ₹230. Which shop is cheaper for one colour pencil set? (a) Shop B (b) Shop A
  22. 22.A T-shirt costs ₹370 online. Delivery is ₹70 and a coupon takes ₹20 off. What is the final price (in ₹)?
  23. 23.₹10.50 + ₹7.50 =
  24. 24.A 2 kg bag of wheat flour costs ₹68. A 1 kg bag costs ₹37. How many rupees per kg do you save with the cheaper bag?
  25. 25.Tara’s class stall spends ₹625 to make 25 greeting cards and sells all of them at ₹25 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
  26. 26.Shop A sells 3 pens for ₹54. Shop B sells 4 pens for ₹56. Which shop is cheaper for one pen? (a) Shop B (b) Shop A
  27. 27.A badminton racket costs ₹515 online. Delivery is ₹40 and a coupon takes ₹30 off. What is the final price (in ₹)?
  28. 28.Ishaan spends ₹210 to start a stall and sells each clay diya for ₹10. What is the smallest number Ishaan must sell to get back the ₹210?
  29. 29.Ananya has ₹400. In a piggy bank it stays ₹400. In a bank at 4% simple interest per year, how many rupees more will Ananya have after 3 years?
  30. 30.A badminton racket costs ₹360 online. Delivery is ₹40 and a coupon takes ₹10 off. What is the final price (in ₹)?
  31. 31.500 paise is how many rupees? =
  32. 32.Meera has 2 notes of ₹20. Kabir has 7 coins of ₹5. Who has more money? (a) Kabir (b) Meera
  33. 33.Dev has ₹47 in a piggy bank. Chacha gives Dev ₹23 more. How many rupees does Dev have now?
  34. 34.Rohan’s class stall spends ₹140 to make 16 paper bookmarks and sells all of them at ₹15 each. What is the profit (in ₹)?
  35. 35.A day trip costs ₹1700 in all. 5 friends share the cost equally. How much does each friend pay (in ₹)?
  36. 36.For Gurpreet, is “a video game” a need or a want? (a) Want (b) Need
  37. 37.5 footballs cost ₹1250. How much do 4 footballs cost (in ₹)?
  38. 38.Saanvi’s mother scans a shop’s QR code to pay ₹50000. What should she check before she pays? (a) Nothing, just pay (b) The colour of the code (c) The name of the shop
  39. 39.Rohan’s class stall spends ₹875 to make 35 friendship bands and sells all of them at ₹25 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
  40. 40.Pooja buys 3 toffees at ₹1 each and pays ₹20. How much change does Pooja get (in ₹)?

Answer key

  1. 8
  2. 15
  3. 130
  4. 22
  5. 70
  6. 6
  7. 564
  8. 130
  9. 920
  10. 2400
  11. 610
  12. 4
  13. 3
  14. Want
  15. 1350
  16. 9
  17. 900
  18. 33
  19. 1000
  20. 1360
  21. Shop A
  22. 420
  23. 18
  24. 3
  25. No profit, no loss
  26. Shop B
  27. 525
  28. 21
  29. 48
  30. 390
  31. 5
  32. Meera
  33. 70
  34. 100
  35. 340
  36. Want
  37. 1000
  38. The name of the shop
  39. No profit, no loss
  40. 17

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