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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 550 · 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.A T-shirt costs ₹335 online. Delivery is ₹70 and a coupon takes ₹40 off. What is the final price (in ₹)?
  2. 2.₹180 + ₹230 =
  3. 3.A water bottle costs ₹740. The shop gives 20% off. How many rupees is the discount?
  4. 4.Isha’s father is sending ₹2000 to a friend by UPI. What should he check before he pays? (a) Only the phone colour (b) The name and amount (c) Nothing at all
  5. 5.Lakshmi gets ₹30 a week, spends ₹5 each week and saves the rest. How many rupees has Lakshmi saved after 8 weeks?
  6. 6.Shop A sells 2 pairs of socks for ₹170. Shop B sells 5 pairs of socks for ₹450. What does one pair of socks cost at the cheaper shop (in ₹)?
  7. 7.Saanvi has ₹300 for a picnic. Food costs ₹130 and tickets cost ₹90. Is ₹300 enough? (a) Yes (b) No
  8. 8.Aarav buys a plate of idli for ₹60 and a geometry box for ₹85, and pays with a ₹500 note. How much change does Aarav get (in ₹)?
  9. 9.Farhan keeps ₹1900 in a bank. After 4 years the simple interest is ₹532. What is the rate of interest per year (in %)?
  10. 10.Which is the smallest amount: ₹54, ₹63 or ₹39? (a) 63 rupees (b) 39 rupees (c) 54 rupees
  11. 11.Rahul’s shop bill:
    1 badminton racket at ₹495
    1 storybook at ₹135
    1 water bottle at ₹220
    What is the total bill (in ₹)?
  12. 12.Ishaan gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Ishaan do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
  13. 13.A stranger asks Meera to scan a QR code to “get” ₹1000. What is true? (a) QR codes are always safe (b) It gives you money (c) Scanning a QR pays money
  14. 14.Price list: glue stick ₹22, ice candy ₹11, toffee ₹3, ruler ₹9.
    How much do a toffee and an ice candy cost together (in ₹)?
  15. 15.What is the smallest number of coins and notes that make ₹85?
  16. 16.A 1 kg bag of wheat flour costs ₹36. A 10 kg bag costs ₹310. How many rupees per kg do you save with the cheaper bag?
  17. 17.Pooja had ₹97. Pooja spent ₹20 on a juice box. How many rupees are left?
  18. 18.A 5 kg bag of rice costs ₹325. A 1 kg bag costs ₹69. How many rupees per kg do you save with the cheaper bag?
  19. 19.Isha makes 2 paper bookmarks an hour and sells each one for ₹25. How many rupees can Isha earn from 2 hours of work?
  20. 20.Nisha spends ₹160 to start a stall and sells each cup of lemonade for ₹25. What is the smallest number Nisha must sell to get back the ₹160?
  21. 21.Tara keeps ₹1600 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
  22. 22.Manav buys a ruler for ₹14 and a sharpener for ₹4, and pays ₹50. How much change does Manav get (in ₹)?
  23. 23.A ruler costs ₹14. Riya pays ₹50. How much change does Riya get (in ₹)?
  24. 24.Price list: sticker sheet ₹11, ruler ₹14, banana ₹4, pencil ₹7.
    Which item costs the least?
    (a) banana (b) sticker sheet (c) ruler (d) pencil
  25. 25.Zoya buys a notebook for ₹35 and an eraser for ₹5. How many rupees does Zoya spend in all?
  26. 26.A study lamp costs ₹860. Offer 1: 10% off. Offer 2: ₹110 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
  27. 27.Joseph sees that ₹1000 was sent to a wrong number by mistake. What should Joseph do first? (a) Pay again to fix it (b) Keep it a secret (c) Tell a parent at once
  28. 28.The bill for 2 lunch boxes and a pen is ₹552. A lunch box costs ₹270. What does the pen cost (in ₹)?
  29. 29.9 cricket balls cost ₹1260. What does one cricket ball cost (in ₹)?
  30. 30.Tara sees that ₹10000 was sent to a wrong number by mistake. What should Tara do first? (a) Keep it a secret (b) Pay again to fix it (c) Tell a parent at once
  31. 31.Ananya gets ₹500 pocket money every month. How many rupees is that in one year (12 months)?
  32. 32.Aditya gets ₹50 a week, spends ₹25 each week and saves the rest. How many rupees has Aditya saved after 2 weeks?
  33. 33.Riya buys a geometry box (₹95), a pen (₹24), a water bottle (₹220) and a mango (₹25). What is the total (in ₹)?
  34. 34.Joseph buys a pair of socks for ₹55 and pays with a ₹100 note. How much change does Joseph get (in ₹)?
  35. 35.Karan’s passbook:
    Opening balance: ₹1500
    Credit (money in): ₹700
    Debit (money out): ₹300
    What is the balance now (in ₹)?
  36. 36.Arjun is making a shopping list. Which of these is a want? (a) school shoes (b) rice and dal (c) a schoolbag (d) a toy robot
  37. 37.Which coins and notes make exactly ₹103? (a) 2 + 2 + 1 (b) 100 + 10 + 1 (c) 100 + 2 + 1
  38. 38.Arjun sees that ₹1000 was sent to a wrong number by mistake. What should Arjun do first? (a) Pay again to fix it (b) Keep it a secret (c) Tell a parent at once
  39. 39.₹58 − ₹56 =
  40. 40.8 children go on a school trip to the fort. The bus costs ₹60 for each child and the ticket costs ₹35 for each child. What is the total cost (in ₹)?

Answer key

  1. 365
  2. 410
  3. 148
  4. The name and amount
  5. 200
  6. 85
  7. Yes
  8. 355
  9. 7
  10. 39 rupees
  11. 850
  12. Never share the OTP
  13. Scanning a QR pays money
  14. 14
  15. 4
  16. 5
  17. 77
  18. 4
  19. 100
  20. 7
  21. 640
  22. 32
  23. 36
  24. banana
  25. 40
  26. Offer 2
  27. Tell a parent at once
  28. 12
  29. 140
  30. Tell a parent at once
  31. 6000
  32. 50
  33. 364
  34. 45
  35. 1900
  36. a toy robot
  37. 100 + 2 + 1
  38. Tell a parent at once
  39. 2
  40. 760

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