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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 560 · 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.Dev has 4 notes of ₹50, 4 notes of ₹10 and 4 coins of ₹2. How many rupees does Dev have?
  2. 2.Gurpreet’s passbook:
    Opening balance: ₹3500
    Credit (money in): ₹1000
    Debit (money out): ₹?
    Closing balance: ₹2700
    How many rupees was the debit?
  3. 3.Lakshmi buys a samosa for ₹17 and a geometry box for ₹90, and pays with a ₹500 note. How much change does Lakshmi get (in ₹)?
  4. 4.Price list: balloon ₹8, kite ₹18, juice box ₹25, samosa ₹14.
    How much do a balloon and a samosa cost together (in ₹)?
  5. 5.Joseph has one ₹200 piece of money. Is it a coin or a note? (a) Note (b) Coin
  6. 6.Karan keeps ₹600 in a bank. After 3 years the simple interest is ₹108. What is the rate of interest per year (in %)?
  7. 7.5 water bottles cost ₹875. What does one water bottle cost (in ₹)?
  8. 8.Kabir has one ₹500 piece of money. Is it a coin or a note? (a) Coin (b) Note
  9. 9.Vivaan is making a shopping list. Which of these is a want? (a) a school uniform (b) rice and dal (c) sweets every day (d) notebooks for school
  10. 10.An eraser costs ₹4 and a kite costs ₹23. How many rupees more does the kite cost?
  11. 11.After 50% off, a board game costs ₹490. What was the price before the sale (in ₹)?
  12. 12.Of a ₹27000 monthly budget, 10% goes on clothes and 20% on travel. The rest is saved. How many rupees are saved?
  13. 13.Vivaan buys a pair of socks for ₹55 and pays with a ₹100 note. How much change does Vivaan get (in ₹)?
  14. 14.Isha’s class stall spends ₹275 to make 11 friendship bands and sells all of them at ₹25 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
  15. 15.Price list: pencil ₹6, toffee ₹3, samosa ₹12, juice box ₹20.
    Which item costs the most?     (a) pencil (b) samosa (c) juice box (d) toffee
  16. 16.Ananya has ₹33 in a piggy bank. Dadi gives Ananya ₹29 more. How many rupees does Ananya have now?
  17. 17.₹18.50 + ₹8 =
  18. 18.Diya buys a notebook for ₹50 and a colour pencil set for ₹100, and pays with a ₹500 note. How much change does Diya get (in ₹)?
  19. 19.A pencil costs ₹6. Joseph pays ₹10. How much change does Joseph get (in ₹)?
  20. 20.Vivaan is making a shopping list. Which of these is a need? (a) medicine when ill (b) a bigger TV (c) a toy robot (d) sweets every day
  21. 21.Dev has ₹820 for return gifts. Each gift costs ₹25. What is the greatest number of gifts Dev can buy?
  22. 22.Which is worth the most: a ₹10 coin, a ₹500 note or a ₹200 note? (a) 10-rupee coin (b) 200-rupee note (c) 500-rupee note
  23. 23.Zoya gets ₹14 every day. How many rupees is that in one week (7 days)?
  24. 24.Aarav is making a shopping list. Which of these is a need? (a) a bigger TV (b) sweets every day (c) a schoolbag (d) a video game
  25. 25.2 cricket balls cost ₹260. What does one cricket ball cost (in ₹)?
  26. 26.Joseph buys a sharpener for ₹5 and a banana for ₹8. How many rupees does Joseph spend in all?
  27. 27.Which is the smallest amount: ₹69, ₹50 or ₹88? (a) 50 rupees (b) 69 rupees (c) 88 rupees
  28. 28.Farhan keeps ₹500 in a bank. After 3 years the simple interest is ₹90. What is the rate of interest per year (in %)?
  29. 29.Karan has a budget of ₹1000 for a birthday party. The snacks cost ₹250, the juice cost ₹180 and the balloons cost ₹70. How many rupees are left?
  30. 30.Isha spends ₹230 to start a stall and sells each friendship band for ₹30. What is the smallest number Isha must sell to get back the ₹230?
  31. 31.Ishaan spends ₹210 on things to make 34 cupcakes and sells them all at ₹10 each. How many rupees does Ishaan earn after paying the costs?
  32. 32.Vivaan has 8 coins of ₹10. How many rupees does Vivaan have?
  33. 33.₹69 − ₹34 =
  34. 34.Tara gets ₹14 every day. How many rupees is that in one week (7 days)?
  35. 35.Aarav buys a sticker sheet for ₹5 and a crayon box for ₹45. How many rupees does Aarav spend in all?
  36. 36.Kavya spends ₹120 on things to make 16 paper bookmarks and sells them all at ₹10 each. How many rupees does Kavya earn after paying the costs?
  37. 37.A stall pays ₹9 for each plate of bhel and sells each one for ₹13. It sells 14 plates of bhel. What is the total profit (in ₹)?
  38. 38.Riya has 3 notes of ₹50. How many rupees does Riya have?
  39. 39.A water bottle costs ₹640. The shop gives 20% off. What is the sale price (in ₹)?
  40. 40.Sneha’s class stall spends ₹450 to make 30 cups of lemonade and sells all of them at ₹15 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss

Answer key

  1. 248
  2. 1800
  3. 393
  4. 22
  5. Note
  6. 6
  7. 175
  8. Note
  9. sweets every day
  10. 19
  11. 980
  12. 18900
  13. 45
  14. No profit, no loss
  15. juice box
  16. 62
  17. 26.5
  18. 350
  19. 4
  20. medicine when ill
  21. 32
  22. 500-rupee note
  23. 98
  24. a schoolbag
  25. 130
  26. 13
  27. 50 rupees
  28. 6
  29. 500
  30. 8
  31. 130
  32. 80
  33. 35
  34. 98
  35. 50
  36. 40
  37. 56
  38. 150
  39. 512
  40. No profit, no loss

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