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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 558 · 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 family plans ₹5000 for the month. 30% of it is for electricity. How many rupees is that?
  2. 2.A kite costs ₹19. Joseph pays ₹20. How much change does Joseph get (in ₹)?
  3. 3.For Lakshmi, is “a third cricket bat” a need or a want? (a) Want (b) Need
  4. 4.A board game costs ₹660. The shop gives 50% off. What is the sale price (in ₹)?
  5. 5.A message says Kavya has won ₹5000. It asks for the UPI PIN to send the prize. What is true? (a) Prizes need your PIN (b) Enter the PIN quickly (c) No PIN to receive money
  6. 6.Diya had ₹75. Diya spent ₹6 on a sharpener. How many rupees are left?
  7. 7.Kabir has ₹500 for a picnic. Food costs ₹50 and tickets cost ₹410. Is ₹500 enough? (a) No (b) Yes
  8. 8.How many notes of ₹100 make ₹900?
  9. 9.Arjun has 7 notes of ₹50. How many rupees does Arjun have?
  10. 10.Tara spends ₹110 on things to make 40 clay diyas and sells them all at ₹5 each. How many rupees does Tara earn after paying the costs?
  11. 11.Nisha wants a wristwatch that costs ₹700. Nisha saves ₹50 every week. How many weeks will it take?
  12. 12.₹17 − ₹9.50 =
  13. 13.Of a ₹19000 monthly budget, 50% goes on clothes and 10% on rent. The rest is saved. What percent is saved?
  14. 14.A drawing book costs ₹9.50. Vivaan pays ₹50. How much change does Vivaan get, in rupees? =
  15. 15.Price list: ice candy ₹10, crayon box ₹30, eraser ₹3, notebook ₹25.
    How much do a notebook and an ice candy cost together (in ₹)?
  16. 16.Zoya buys a plate of idli for ₹55 and pays with a ₹100 note. How much change does Zoya get (in ₹)?
  17. 17.A paint box costs ₹53. Priya has ₹10 and ₹5. How many more rupees does Priya need?
  18. 18.Diya buys a pair of socks for ₹85 and a plate of idli for ₹40, and pays with a ₹500 note. How much change does Diya get (in ₹)?
  19. 19.Isha makes 4 clay diyas an hour and sells each one for ₹25. How many rupees can Isha earn from 1 hour of work?
  20. 20.Rohan has ₹100. In a piggy bank it stays ₹100. In a bank at 7% simple interest per year, how many rupees more will Rohan have after 3 years?
  21. 21.₹200 earns 9% simple interest per year. In how many years will the interest be ₹18?
  22. 22.Meera spends ₹140 of ₹700 pocket money on books. What percent is that?
  23. 23.Shop A sells a football for ₹320 with free delivery. Shop B sells it for ₹345 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
  24. 24.Ishaan has ₹750. First Ishaan pays for needs: a water bottle (₹130) and a lunch box (₹230). How many rupees are left for wants?
  25. 25.Joseph has ₹590 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Joseph can buy?
  26. 26.Farhan gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Farhan do? (a) Read the OTP out (b) Never share the OTP (c) Send it by message
  27. 27.Sneha buys 2 glue sticks at ₹16 each and pays ₹50. How much change does Sneha get (in ₹)?
  28. 28.What is the smallest number of coins and notes that make ₹51?
  29. 29.Rohan has 6 coins of ₹10. How many rupees does Rohan have?
  30. 30.Aarav has ₹32 in a piggy bank. Dada gives Aarav ₹31 more. How many rupees does Aarav have now?
  31. 31.21 children go on a school trip to the planetarium. The bus costs ₹90 for each child and the ticket costs ₹15 for each child. What is the total cost (in ₹)?
  32. 32.Meera’s passbook:
    Opening balance: ₹1800
    Credit (money in): ₹50
    Debit (money out): ₹?
    Closing balance: ₹1450
    How many rupees was the debit?
  33. 33.Riya’s piggy bank has 3 coins of ₹10, 4 coins of ₹5 and 1 coin of ₹2. How many rupees are in it?
  34. 34.How many coins of ₹5 does Zoya need to make ₹20?
  35. 35.Of a ₹24000 monthly budget, 50% goes on school fees and 25% on electricity. The rest is saved. How many rupees are saved?
  36. 36.Farhan’s passbook:
    Opening balance: ₹2900
    Credit: ₹250
    Credit: ₹300
    Debit: ₹450
    Credit: ₹100
    What is the total of all the credits (in ₹)?
  37. 37.Shop A sells 5 plates of idli for ₹150. Shop B sells 6 plates of idli for ₹210. What does one plate of idli cost at the cheaper shop (in ₹)?
  38. 38.Isha keeps ₹1800 in a bank. After 3 years the simple interest is ₹162. What is the rate of interest per year (in %)?
  39. 39.Ananya keeps ₹1800 in a bank. After 5 years the simple interest is ₹900. What is the rate of interest per year (in %)?
  40. 40.Of a ₹39000 monthly budget, 40% goes on travel and 5% on food. The rest is saved. How many rupees are saved?

Answer key

  1. 1500
  2. 1
  3. Want
  4. 330
  5. No PIN to receive money
  6. 69
  7. Yes
  8. 9
  9. 350
  10. 90
  11. 14
  12. 7.5
  13. 40
  14. 40.5
  15. 35
  16. 45
  17. 38
  18. 375
  19. 100
  20. 21
  21. 1
  22. 20
  23. Shop A
  24. 390
  25. 39
  26. Never share the OTP
  27. 18
  28. 2
  29. 60
  30. 63
  31. 2205
  32. 400
  33. 52
  34. 4
  35. 6000
  36. 650
  37. 30
  38. 3
  39. 10
  40. 21450

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