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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 543 · 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.Arjun deposits ₹450 saved in a piggy bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
  2. 2.₹140 + ₹360 =
  3. 3.Kavya got ₹665 in 7 weeks, the same amount every week. How many rupees is that each week?
  4. 4.Nisha has 7 notes of ₹20. Kavya has 7 coins of ₹1. How many more rupees does Nisha have?
  5. 5.A pair of shoes costs ₹500. Offer 1: 10% off. Offer 2: ₹120 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
  6. 6.One notebook costs ₹55. How much do 8 notebooks cost (in ₹)?
  7. 7.Aditya has ₹850. First Aditya pays for needs: a water bottle (₹90) and a geometry box (₹130). How many rupees are left for wants?
  8. 8.Diya deposits ₹1250 saved in a piggy bank. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
  9. 9.₹78 + ₹16 =
  10. 10.Zoya is making a shopping list. Which of these is a need? (a) a toy robot (b) extra comic books (c) a school uniform (d) a fancy phone cover
  11. 11.Gurpreet saves ₹60 every week for 7 weeks, then buys a storybook set for ₹120. How many rupees are left?
  12. 12.Of a ₹8000 monthly budget, 50% goes on rent and 30% on food. The rest is saved. What percent is saved?
  13. 13.6 colour pencil sets cost ₹360. How much do 2 colour pencil sets cost (in ₹)?
  14. 14.A crayon box costs ₹50 and an eraser costs ₹2. How many rupees more does the crayon box cost?
  15. 15.Which coins and notes make exactly ₹130? (a) 100 + 50 + 20 (b) 20 + 10 + 5 (c) 100 + 20 + 10
  16. 16.₹660 − ₹70 =
  17. 17.Saanvi spends ₹250 to start a stall and sells each clay diya for ₹20. What is the smallest number Saanvi must sell to get back the ₹250?
  18. 18.The bill for 4 T-shirts and a samosa is ₹833. A T-shirt costs ₹205. What does the samosa cost (in ₹)?
  19. 19.Nisha saves ₹80 every week for 9 weeks, then buys a board game for ₹220. How many rupees are left?
  20. 20.₹800 earns 2% simple interest per year. In how many years will the interest be ₹64?
  21. 21.Kabir gets ₹80 a week, spends ₹55 each week and saves the rest. How many rupees has Kabir saved after 8 weeks?
  22. 22.A storybook costs ₹54. Riya has ₹5 and ₹5. How many more rupees does Riya need?
  23. 23.₹350 + ₹260 =
  24. 24.Ishaan had ₹33. Ishaan spent ₹7 on a sticker sheet. How many rupees are left?
  25. 25.Rohan keeps ₹400 in a bank. After 4 years the simple interest is ₹112. What is the rate of interest per year (in %)?
  26. 26.Lakshmi gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Lakshmi do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
  27. 27.Shop A sells a water bottle for ₹230 with free delivery. Shop B sells it for ₹250 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
  28. 28.A 1 kg bag of potatoes costs ₹40. A 2 kg bag costs ₹42. How many rupees per kg do you save with the cheaper bag?
  29. 29.₹10 + ₹20 + ₹? = ₹32
  30. 30.Riya wants a cricket bat that costs ₹860, has ₹340 already and saves ₹40 every week. In how many weeks will Riya have enough?
  31. 31.One samosa costs ₹12. How much do 5 samosas cost (in ₹)?
  32. 32.A glue stick costs ₹18 and a juice box costs ₹25. How many rupees more does the juice box cost?
  33. 33.Rohan’s mother scans a shop’s QR code to pay ₹5000. What should she check before she pays? (a) The name of the shop (b) Nothing, just pay (c) The colour of the code
  34. 34.Kabir sells 42 cups of lemonade at ₹10 each. How many rupees does Kabir get?
  35. 35.₹21 + ₹38 =
  36. 36.Arjun buys a mango for ₹40 and pays with a ₹100 note. How much change does Arjun get (in ₹)?
  37. 37.Isha buys a toffee for ₹2 and a crayon box for ₹30, and pays ₹50. How much change does Isha get (in ₹)?
  38. 38.Nisha’s class stall spends ₹270 to make 16 paper bookmarks and sells all of them at ₹25 each. What is the profit (in ₹)?
  39. 39.Shop A sells a school bag for ₹735 with free delivery. Shop B sells it for ₹510 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
  40. 40.Karan wants to save ₹420 for an art kit in 14 weeks, the same amount each week. How many rupees must Karan save each week?

Answer key

  1. Credit
  2. 500
  3. 95
  4. 133
  5. Offer 2
  6. 440
  7. 630
  8. Credit
  9. 94
  10. a school uniform
  11. 300
  12. 20
  13. 120
  14. 48
  15. 100 + 20 + 10
  16. 590
  17. 13
  18. 13
  19. 500
  20. 4
  21. 200
  22. 44
  23. 610
  24. 26
  25. 7
  26. Never share the OTP
  27. Shop A
  28. 19
  29. 2
  30. 13
  31. 60
  32. 7
  33. The name of the shop
  34. 420
  35. 59
  36. 60
  37. 18
  38. 130
  39. Shop B
  40. 30

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