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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 571 · 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.₹76 + ₹15 =
  2. 2.For Farhan, is “a warm blanket” a need or a want? (a) Need (b) Want
  3. 3.Meera buys a lunch box (₹245), a pair of socks (₹55), a water bottle (₹200) and a T-shirt (₹330). What is the total (in ₹)?
  4. 4.Sneha keeps ₹1900 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
  5. 5.Vivaan has ₹700. In a piggy bank it stays ₹700. In a bank at 10% simple interest per year, how many rupees more will Vivaan have after 3 years?
  6. 6.A stall pays ₹8 for each cupcake and sells each one for ₹13. It sells 30 cupcakes. What is the total profit (in ₹)?
  7. 7.A study lamp costs ₹160. The shop gives 20% off. How many rupees is the discount?
  8. 8.Which coins and notes make exactly ₹151? (a) 50 + 5 + 1 (b) 100 + 50 + 50 (c) 100 + 50 + 1
  9. 9.Which is worth the most: a ₹5 coin, a ₹500 note or a ₹20 coin? (a) 20-rupee coin (b) 5-rupee coin (c) 500-rupee note
  10. 10.Farhan has 2 notes of ₹200. How many rupees does Farhan have?
  11. 11.A study lamp costs ₹700. Offer 1: 10% off. Offer 2: ₹170 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
  12. 12.Rohan’s passbook:
    Opening balance: ₹4400
    Credit (money in): ₹750
    Debit (money out): ₹2850
    What is the balance now (in ₹)?
  13. 13.Price list: pencil ₹3, notebook ₹25, kite ₹17, eraser ₹5.
    How much do 5 notebooks cost (in ₹)?
  14. 14.What is the smallest number of coins and notes that make ₹157?
  15. 15.Zoya has ₹850. First Zoya pays for needs: socks (₹280) and school shoes (₹80). How many rupees are left for wants?
  16. 16.Joseph gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Joseph do? (a) Read the OTP out (b) Send it by message (c) Never share the OTP
  17. 17.Arjun’s passbook:
    Opening balance: ₹3700
    Credit (money in): ₹50
    Debit (money out): ₹?
    Closing balance: ₹1750
    How many rupees was the debit?
  18. 18.Karan buys a kite for ₹14 and a toffee for ₹1. How many rupees does Karan spend in all?
  19. 19.What is the smallest number of coins and notes that make ₹180?
  20. 20.Priya gets ₹80 a week, spends ₹65 each week and saves the rest. How many rupees has Priya saved after 3 weeks?
  21. 21.Meera spends ₹130 on things to make 35 cupcakes and sells them all at ₹5 each. How many rupees does Meera earn after paying the costs?
  22. 22.After 50% off, a pair of shoes costs ₹140. What was the price before the sale (in ₹)?
  23. 23.A 1 kg bag of potatoes costs ₹24. A 10 kg bag costs ₹200. How many rupees per kg do you save with the cheaper bag?
  24. 24.A cricket bat costs ₹140. The shop gives 50% off. How many rupees is the discount?
  25. 25.One sticker sheet costs ₹7. A pack of 3 sticker sheets costs ₹18. How many rupees do you save by buying the pack instead of 3 single ones?
  26. 26.How many ₹1 coins make a ₹10 coin?
  27. 27.2 footballs cost ₹540. What does one football cost (in ₹)?
  28. 28.6 pens cost ₹102. What does one pen cost (in ₹)?
  29. 29.Aarav saves ₹70 every week for 5 weeks, then buys a football for ₹290. How many rupees are left?
  30. 30.₹27 + ₹13 + ₹6 =
  31. 31.Rohan gets ₹18 every day. How many rupees is that in one week (7 days)?
  32. 32.Isha’s passbook:
    Opening balance: ₹2800
    Credit (money in): ₹450
    Debit (money out): ₹?
    Closing balance: ₹1400
    How many rupees was the debit?
  33. 33.Farhan wants a football that costs ₹385, has ₹40 already and saves ₹30 every week. In how many weeks will Farhan have enough?
  34. 34.Ishaan’s class stall spends ₹250 to make 36 cups of lemonade and sells all of them at ₹5 each. What is the loss (in ₹)?
  35. 35.Manav’s father is sending ₹2000 to a friend by UPI. What should he check before he pays? (a) The name and amount (b) Nothing at all (c) Only the phone colour
  36. 36.Which is the same money as one ₹200 note? (a) three 100-rupee notes (b) two 100-rupee notes (c) six 100-rupee notes
  37. 37.Isha is making a shopping list. Which of these is a want? (a) a remote-control car (b) school shoes (c) soap (d) a raincoat
  38. 38.Karan has 1 note of ₹200, 4 notes of ₹10 and 5 coins of ₹1. How many rupees does Karan have?
  39. 39.Rohan has ₹400. In a piggy bank it stays ₹400. In a bank at 9% simple interest per year, how many rupees more will Rohan have after 5 years?
  40. 40.Karan’s class stall spends ₹260 to make 19 friendship bands and sells all of them at ₹10 each. What is the loss (in ₹)?

Answer key

  1. 91
  2. Need
  3. 830
  4. 2052
  5. 210
  6. 150
  7. 32
  8. 100 + 50 + 1
  9. 500-rupee note
  10. 400
  11. Offer 2
  12. 2300
  13. 125
  14. 4
  15. 490
  16. Never share the OTP
  17. 2000
  18. 15
  19. 4
  20. 45
  21. 45
  22. 280
  23. 4
  24. 70
  25. 3
  26. 10
  27. 270
  28. 17
  29. 60
  30. 46
  31. 126
  32. 1850
  33. 12
  34. 70
  35. The name and amount
  36. two 100-rupee notes
  37. a remote-control car
  38. 245
  39. 180
  40. 70

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