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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 507 · 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.

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  1. 1.A samosa costs ₹11 and a juice box costs ₹20. How many rupees more does the juice box cost?
  2. 2.A raincoat costs ₹660. Offer 1: 10% off. Offer 2: ₹230 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
  3. 3.Tara has a budget of ₹500 for a birthday party. The cake cost ₹30, the return gifts cost ₹40 and the decorations cost ₹100. How many rupees are left?
  4. 4.₹170 + ₹270 =
  5. 5.₹26 − ₹20 =
  6. 6.Pooja keeps ₹1600 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
  7. 7.Which is worth the least: a ₹50 note, a ₹100 note or a ₹10 coin? (a) 50-rupee note (b) 100-rupee note (c) 10-rupee coin
  8. 8.Joseph saves ₹100 every week for 10 weeks, then buys a bicycle for ₹210. How many rupees are left?
  9. 9.A day trip costs ₹380 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
  10. 10.₹33 + ₹25 =
  11. 11.A dozen (12) bananas cost ₹96. What does one cost (in ₹)?
  12. 12.Ishaan’s shop bill:
    3 pens at ₹24 each
    1 badminton racket at ₹510
    1 colour pencil set at ₹75
    What is the total bill (in ₹)?
  13. 13.Sneha has ₹1800. In a piggy bank it stays ₹1800. In a bank at 4% simple interest per year, how many rupees more will Sneha have after 4 years?
  14. 14.Tara keeps ₹1600 in a bank. After 3 years the simple interest is ₹288. What is the rate of interest per year (in %)?
  15. 15.A dozen (12) guavas cost ₹96. What does one cost (in ₹)?
  16. 16.Karan spends ₹30 of ₹600 pocket money on books. What percent is that?
  17. 17.Kavya has ₹9. A pencil costs ₹5. Does Kavya have enough money to buy it? (a) No (b) Yes
  18. 18.₹1.50 + ₹14 =
  19. 19.One pair of socks costs ₹55. How much do 8 pairs of socks cost (in ₹)?
  20. 20.Meera has ₹500 for a picnic. Food costs ₹60 and tickets cost ₹390. Is ₹500 enough? (a) Yes (b) No
  21. 21.Pooja gets ₹50 a week, spends ₹35 each week and saves the rest. How many rupees has Pooja saved after 7 weeks?
  22. 22.Zoya buys 2 balloons at ₹10 each and pays ₹50. How much change does Zoya get (in ₹)?
  23. 23.Price list: glue stick ₹16, sharpener ₹5, ice candy ₹8, samosa ₹14.
    How much do 2 samosas cost (in ₹)?
  24. 24.Arjun has 4 coins of ₹1. Gurpreet has 3 notes of ₹10. How many more rupees does Gurpreet have?
  25. 25.Which is worth more: a ₹200 note or a ₹1 coin? (a) 1-rupee coin (b) 200-rupee note
  26. 26.A storybook costs ₹68. Pooja has ₹5 and ₹5. How many more rupees does Pooja need?
  27. 27.A dozen (12) bangles cost ₹72. What does one cost (in ₹)?
  28. 28.₹1800 earns 6% simple interest per year. In how many years will the interest be ₹108?
  29. 29.For Meera, is “medicine when ill” a need or a want? (a) Need (b) Want
  30. 30.Meera’s class stall spends ₹130 to make 13 friendship bands and sells all of them at ₹10 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
  31. 31.Gurpreet spends ₹60 of ₹200 pocket money on books. What percent is that?
  32. 32.₹29 + ₹19 + ₹38 =
  33. 33.A pencil costs ₹5. Priya pays ₹10. How much change does Priya get (in ₹)?
  34. 34.Rohan gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Rohan do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
  35. 35.A stranger asks Priya to scan a QR code to “get” ₹2000. What is true? (a) Scanning a QR pays money (b) It gives you money (c) QR codes are always safe
  36. 36.Aarav buys a biscuit packet for ₹10 and a samosa for ₹11, and pays ₹50. How much change does Aarav get (in ₹)?
  37. 37.Aarav is making a shopping list. Which of these is a want? (a) a raincoat (b) soap (c) toothpaste (d) a fancy phone cover
  38. 38.Pooja gets ₹350 pocket money every month. How many rupees is that in one year (12 months)?
  39. 39.Ishaan’s passbook:
    Opening balance: ₹3800
    Credit (money in): ₹150
    Debit (money out): ₹?
    Closing balance: ₹1850
    How many rupees was the debit?
  40. 40.Aditya has 4 notes of ₹100. Sneha has 7 coins of ₹5. Who has less money? (a) Sneha (b) Aditya

Answer key

  1. 9
  2. Offer 2
  3. 330
  4. 440
  5. 6
  6. 1728
  7. 10-rupee coin
  8. 790
  9. 190
  10. 58
  11. 8
  12. 657
  13. 288
  14. 6
  15. 8
  16. 5
  17. Yes
  18. 15.5
  19. 440
  20. Yes
  21. 105
  22. 30
  23. 28
  24. 26
  25. 200-rupee note
  26. 58
  27. 6
  28. 1
  29. Need
  30. No profit, no loss
  31. 30
  32. 86
  33. 5
  34. Never share the OTP
  35. Scanning a QR pays money
  36. 29
  37. a fancy phone cover
  38. 4200
  39. 2100
  40. Sneha

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