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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 548 · 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.Which coins and notes make exactly ₹71? (a) 100 + 50 + 20 (b) 50 + 20 + 1 (c) 50 + 20 + 20
  2. 2.Shop A sells 4 colour pencil sets for ₹260. Shop B sells 3 colour pencil sets for ₹300. What does one colour pencil set cost at the cheaper shop (in ₹)?
  3. 3.Aarav’s passbook:
    Opening balance: ₹3500
    Credit: ₹200
    Debit: ₹50
    Credit: ₹450
    Credit: ₹200
    What is the total of all the debits (in ₹)?
  4. 4.Riya has 4 notes of ₹200, 1 note of ₹20 and 2 coins of ₹1. How many rupees does Riya have?
  5. 5.Rahul keeps ₹400 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
  6. 6.Price list: pencil ₹4, ruler ₹13, glue stick ₹24, sticker sheet ₹8.
    How many rupees more does a glue stick cost than a pencil?
  7. 7.Ishaan buys a samosa for ₹16 and a cricket ball for ₹130, and pays with a ₹500 note. How much change does Ishaan get (in ₹)?
  8. 8.Rohan keeps ₹1900 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
  9. 9.5 notebooks cost ₹300. What does one notebook cost (in ₹)?
  10. 10.₹300 earns 9% simple interest per year. In how many years will the interest be ₹27?
  11. 11.How many mangoes can you buy with ₹240 if one costs ₹20?
  12. 12.What is the smallest number of coins and notes that make ₹156?
  13. 13.A toffee costs ₹1. Vivaan pays ₹50. How much change does Vivaan get (in ₹)?
  14. 14.Riya’s mother has ₹2900 in her bank account. She pays ₹360 for school books and ₹260 for vegetables by UPI. How many rupees are left in the account?
  15. 15.Which is the biggest amount: ₹72, ₹96 or ₹99? (a) 99 rupees (b) 72 rupees (c) 96 rupees
  16. 16.₹? + ₹50 + ₹5 = ₹75
  17. 17.Rahul has 7 coins of ₹20. How many rupees does Rahul have?
  18. 18.Shop A sells a football for ₹290 with free delivery. Shop B sells it for ₹365 plus ₹80 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
  19. 19.Gurpreet sells 18 cupcakes at ₹10 each. How many rupees does Gurpreet get?
  20. 20.Diya has ₹7. A banana costs ₹5. Does Diya have enough money to buy it? (a) No (b) Yes
  21. 21.Manav buys 3 mangoes at ₹25 each and pays with a ₹500 note. How much change does Manav get (in ₹)?
  22. 22.There are 15 children in a class. Each child needs one plate of idli at ₹50. What is the total cost (in ₹)?
  23. 23.Aditya keeps ₹400 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?
  24. 24.Joseph had ₹21. Joseph spent ₹12 on a ruler. How many rupees are left?
  25. 25.Pooja buys a sharpener for ₹4 and a glue stick for ₹15. How many rupees does Pooja spend in all?
  26. 26.Ananya gets ₹50 pocket money every week. How many rupees is that in 5 weeks?
  27. 27.A stranger asks Pooja to scan a QR code to “get” ₹25000. What is true? (a) Scanning a QR pays money (b) It gives you money (c) QR codes are always safe
  28. 28.A jacket costs ₹380. Offer 1: 10% off. Offer 2: ₹60 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
  29. 29.Aditya’s mother has ₹1400 in her bank account. She pays ₹250 for bread and ₹110 for milk by UPI. How many rupees are left in the account?
  30. 30.How many paise are there in ₹18.50?
  31. 31.What is the smallest number of coins and notes that make ₹159?
  32. 32.Pooja’s passbook:
    Opening balance: ₹900
    Credit (money in): ₹750
    Debit (money out): ₹?
    Closing balance: ₹1250
    How many rupees was the debit?
  33. 33.Tara gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Tara do? (a) Send it by message (b) Never share the OTP (c) Read the OTP out
  34. 34.Isha buys a lunch box for ₹215 and a storybook for ₹170, and pays with a ₹500 note. How much change does Isha get (in ₹)?
  35. 35.A pencil costs ₹4. Tara pays ₹20. How much change does Tara get (in ₹)?
  36. 36.A jacket costs ₹900. The shop gives 25% off. What is the sale price (in ₹)?
  37. 37.Ananya gets ₹11 every day. How many rupees is that in one week (7 days)?
  38. 38.One pair of socks costs ₹55. How much do 2 pairs of socks cost (in ₹)?
  39. 39.Gurpreet has ₹1400. In a piggy bank it stays ₹1400. In a bank at 8% simple interest per year, how many rupees more will Gurpreet have after 3 years?
  40. 40.An eraser costs ₹2. Kabir pays ₹50. How much change does Kabir get (in ₹)?

Answer key

  1. 50 + 20 + 1
  2. 65
  3. 50
  4. 822
  5. 84
  6. 20
  7. 354
  8. 304
  9. 60
  10. 1
  11. 12
  12. 4
  13. 49
  14. 2280
  15. 99 rupees
  16. 20
  17. 140
  18. Shop A
  19. 180
  20. Yes
  21. 425
  22. 750
  23. 24
  24. 9
  25. 19
  26. 250
  27. Scanning a QR pays money
  28. Offer 2
  29. 1040
  30. 1850
  31. 5
  32. 400
  33. Never share the OTP
  34. 115
  35. 16
  36. 675
  37. 77
  38. 110
  39. 336
  40. 48

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