Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 56 · 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.Meera deposits ₹1850 saved in a piggy bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
2. 2.Pooja makes 4 greeting cards an hour and sells each one for ₹20. How many rupees can Pooja earn from 1 hour of work?
3. 3.Zoya spends ₹70 to start a stall and sells each greeting card for ₹5. What is the smallest number Zoya must sell to get back the ₹70?
4. 4.Which is the same money as one ₹100 note? (a) three 20-rupee notes (b) four 20-rupee notes (c) five 20-rupee notes
5. 5.Ananya has 1 note of ₹500 and 1 note of ₹50. How many rupees does Ananya have?
6. 6.Kabir is making a shopping list. Which of these is a want? (a) a warm blanket (b) a third cricket bat (c) vegetables (d) a schoolbag
7. 7.Sneha’s shop bill:
   2 pairs of socks at ₹75 each
   1 badminton racket at ₹335
   2 water bottles at ₹130 each
   What is the total bill (in ₹)?
8. 8.A 10 kg bag of rice costs ₹640. A 2 kg bag costs ₹92. How many rupees per kg do you save with the cheaper bag?
9. 9.Price list: samosa ₹15, sharpener ₹9, toffee ₹3, crayon box ₹40.
   Ishaan has ₹50 and buys a sharpener. How many rupees are left?
10. 10.Isha buys 4 toffees at ₹3 each and pays ₹50. How much change does Isha get (in ₹)?
11. 11.Arjun has 2 coins of ₹1 and 2 coins of ₹5. How many rupees does Arjun have?
12. 12.A water bottle costs ₹480. Offer 1: 50% off. Offer 2: ₹30 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
13. 13.Tara has one ₹5 piece of money. Is it a coin or a note? (a) Coin (b) Note
14. 14.Ishaan wants a cricket bat that costs ₹700. Ishaan saves ₹50 every week. How many weeks will it take?
15. 15.Arjun buys a storybook (₹160), a cricket ball (₹125), a mango (₹30) and a geometry box (₹130). What is the total (in ₹)?
16. 16.A water bottle costs ₹205 online. Delivery is ₹20 and a coupon takes ₹40 off. What is the final price (in ₹)?
17. 17.Kabir’s passbook:
    Opening balance: ₹2300
    Credit: ₹150
    Debit: ₹150
    Credit: ₹300
    Debit: ₹200
    What is the closing balance (in ₹)?
18. 18.Price list: juice box ₹20, toffee ₹1, glue stick ₹17, ruler ₹9.
    How many rupees more does a juice box cost than a toffee?
19. 19.₹680 − ₹500 =
20. 20.Which coins and notes make exactly ₹103? (a) 2 + 1 + 1 (b) 100 + 2 + 1 (c) 5 + 2 + 1
21. 21.A day trip costs ₹2160 in all. 8 friends share the cost equally. How much does each friend pay (in ₹)?
22. 22.₹500 − ₹450 =
23. 23.Ananya has ₹48 in a piggy bank. Dadi gives Ananya ₹40 more. How many rupees does Ananya have now?
24. 24.Someone online asks Priya for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) A friend at school (c) No one
25. 25.₹24 + ₹25 + ₹38 =
26. 26.Aditya’s passbook:
    Opening balance: ₹2500
    Credit (money in): ₹1000
    Debit (money out): ₹?
    Closing balance: ₹2900
    How many rupees was the debit?
27. 27.What is the smallest number of coins and notes that make ₹85?
28. 28.Lakshmi has 6 coins of ₹1. Diya has 5 coins of ₹5. Who has more money? (a) Lakshmi (b) Diya
29. 29.Rahul sells 28 greeting cards at ₹20 each. How many rupees does Rahul get?
30. 30.For Karan, is “a video game” a need or a want? (a) Need (b) Want
31. 31.Nisha’s piggy bank has 1 coin of ₹10, 3 coins of ₹2 and 1 coin of ₹1. How many rupees are in it?
32. 32.What do 2 storybooks at ₹95 each and 2 plates of idli at ₹30 each cost in all (in ₹)?
33. 33.₹600 earns 7% simple interest per year. In how many years will the interest be ₹84?
34. 34.Kavya’s class stall spends ₹280 to make 20 paper bookmarks and sells all of them at ₹20 each. What is the profit (in ₹)?
35. 35.5 geometry boxes cost ₹675. How much do 2 geometry boxes cost (in ₹)?
36. 36.For Aarav, is “soap” a need or a want? (a) Want (b) Need
37. 37.A 2 kg bag of potatoes costs ₹78. A 10 kg bag costs ₹270. Which bag is cheaper per kg? (a) 2 kg bag (b) 10 kg bag
38. 38.Priya is making a shopping list. Which of these is a need? (a) drinking water (b) extra comic books (c) a sticker album (d) designer sunglasses
39. 39.A toy train costs ₹820. Offer 1: 10% off. Offer 2: ₹340 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
40. 40.Riya’s father is sending ₹25000 to a friend by UPI. What should he check before he pays? (a) The name and amount (b) Only the phone colour (c) Nothing at all

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