Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 523 · 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.Pooja gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Pooja do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
2. 2.Lakshmi’s passbook:
   Opening balance: ₹3600
   Debit: ₹200
   Credit: ₹250
   Credit: ₹150
   Credit: ₹350
   What is the total of all the debits (in ₹)?
3. 3.A 2 kg bag of wheat flour costs ₹70. A 10 kg bag costs ₹480. How many rupees per kg do you save with the cheaper bag?
4. 4.A pair of shoes costs ₹380. Offer 1: 20% off. Offer 2: ₹40 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
5. 5.Lakshmi has one ₹50 piece of money. Is it a coin or a note? (a) Coin (b) Note
6. 6.Priya deposits ₹950 saved in a piggy bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
7. 7.For Gurpreet, is “a new party dress” a need or a want? (a) Need (b) Want
8. 8.Diya’s passbook:
   Opening balance: ₹4400
   Credit: ₹450
   Debit: ₹350
   Debit: ₹400
   Credit: ₹400
   What is the closing balance (in ₹)?
9. 9.One pair of socks costs ₹85. How much do 9 pairs of socks cost (in ₹)?
10. 10.Vivaan has 8 notes of ₹20. Gurpreet has 7 coins of ₹1. Who has more money? (a) Gurpreet (b) Vivaan
11. 11.For Lakshmi, is “milk” a need or a want? (a) Need (b) Want
12. 12.Riya buys a toffee for ₹3 and a juice box for ₹30, and pays ₹50. How much change does Riya get (in ₹)?
13. 13.A storybook costs ₹72. Riya has ₹10 and ₹2. How many more rupees does Riya need?
14. 14.A day trip costs ₹1020 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
15. 15.Price list: juice box ₹20, ruler ₹14, crayon box ₹40, sticker sheet ₹5.
    How much do a juice box and a crayon box cost together (in ₹)?
16. 16.Arjun has 3 notes of ₹200 and 2 notes of ₹100. How many rupees does Arjun have?
17. 17.₹75 − ₹5 =
18. 18.₹650 − ₹160 =
19. 19.Which is worth the most: a ₹500 note, a ₹100 note or a ₹1 coin? (a) 500-rupee note (b) 1-rupee coin (c) 100-rupee note
20. 20.Meera buys a biscuit packet for ₹14 and a juice box for ₹25. How many rupees does Meera spend in all?
21. 21.Rohan has 4 notes of ₹200, 1 note of ₹20 and 3 coins of ₹5. How many rupees does Rohan have?
22. 22.After 20% off, a pair of shoes costs ₹272. What was the price before the sale (in ₹)?
23. 23.4 badminton rackets cost ₹2280. How much do 9 badminton rackets cost (in ₹)?
24. 24.A board game costs ₹560. Offer 1: 10% off. Offer 2: ₹190 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
25. 25.How many notebooks can you buy with ₹440 if one costs ₹55?
26. 26.Sneha wants a board game that costs ₹450, has ₹80 already and saves ₹30 every week. In how many weeks will Sneha have enough?
27. 27.Rahul’s shop bill:
    1 pen at ₹17
    1 storybook at ₹155
    1 cricket ball at ₹150
    What is the total bill (in ₹)?
28. 28.Ishaan has ₹40 in a piggy bank. Mausi gives Ishaan ₹22 more. How many rupees does Ishaan have now?
29. 29.How many pairs of socks can you buy with ₹520 if one costs ₹65?
30. 30.Which is worth the least: a ₹500 note, a ₹50 note or a ₹10 coin? (a) 10-rupee coin (b) 50-rupee note (c) 500-rupee note
31. 31.A biscuit packet costs ₹11. Farhan pays ₹50. How much change does Farhan get (in ₹)?
32. 32.Diya keeps ₹700 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
33. 33.Price list: sticker sheet ₹6, glue stick ₹24, samosa ₹15, juice box ₹20.
    How many rupees more does a glue stick cost than a samosa?
34. 34.Farhan saves ₹100 every week for 6 weeks, then buys a board game for ₹170. How many rupees are left?
35. 35.One colour pencil set costs ₹80. How much do 8 colour pencil sets cost (in ₹)?
36. 36.A toy car costs ₹85. Tara has ₹20 and ₹5. How many more rupees does Tara need?
37. 37.One glue stick costs ₹16. A pack of 3 glue sticks costs ₹44. How many rupees do you save by buying the pack instead of 3 single ones?
38. 38.Meera buys a crayon box for ₹35 and a juice box for ₹20. How many rupees does Meera spend in all?
39. 39.A crayon box costs ₹45 and a toffee costs ₹2. How many rupees more does the crayon box cost?
40. 40.A stall pays ₹8 for each greeting card and sells each one for ₹18. It sells 27 greeting cards. What is the total profit (in ₹)?

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