Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 589 · 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.₹1000 earns 4% simple interest per year. In how many years will the interest be ₹200?
2. 2.Of a ₹34000 monthly budget, 30% goes on electricity and 20% on travel. The rest is saved. How many rupees are saved?
3. 3.Diya gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Diya do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
4. 4.Which is worth more: a ₹200 note or a ₹100 note? (a) 200-rupee note (b) 100-rupee note
5. 5.Price list: kite ₹24, glue stick ₹19, notebook ₹40, sharpener ₹9.
   How much do a notebook and a sharpener cost together (in ₹)?
6. 6.Aditya’s father is sending ₹500 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
7. 7.A jacket costs ₹980. The shop gives 10% off. What is the sale price (in ₹)?
8. 8.Shop A sells 5 cricket balls for ₹575. Shop B sells 2 cricket balls for ₹280. What does one cricket ball cost at the cheaper shop (in ₹)?
9. 9.Nisha keeps ₹400 in a bank. After 4 years the simple interest is ₹32. What is the rate of interest per year (in %)?
10. 10.Count up to find the change from ₹50: ₹8 + ₹? = ₹50
11. 11.Kabir makes 6 paper bookmarks an hour and sells each one for ₹30. How many rupees can Kabir earn from 2 hours of work?
12. 12.A jacket costs ₹500. The shop gives 10% off. How many rupees is the discount?
13. 13.Price list: glue stick ₹21, eraser ₹2, ice candy ₹15, kite ₹23.
    How much do 3 glue sticks cost (in ₹)?
14. 14.Gurpreet’s mother has ₹2100 in her bank account. She pays ₹160 for vegetables and ₹250 for fruit by UPI. How many rupees are left in the account?
15. 15.A 2 kg bag of tomatoes costs ₹110. A 1 kg bag costs ₹25. How many rupees per kg do you save with the cheaper bag?
16. 16.For Pooja, is “milk” a need or a want? (a) Want (b) Need
17. 17.Diya spends ₹330 on things to make 24 greeting cards and sells them all at ₹20 each. How many rupees does Diya earn after paying the costs?
18. 18.How many notebooks can you buy with ₹150 if one costs ₹30?
19. 19.Saanvi buys a badminton racket for ₹350 and a samosa for ₹12, and pays with a ₹500 note. How much change does Saanvi get (in ₹)?
20. 20.4 friends run a stall selling clay diyas and make a profit of ₹360. They share it equally. How many rupees does each friend get?
21. 21.Aarav’s passbook:
    Opening balance: ₹2800
    Debit: ₹450
    Debit: ₹100
    Credit: ₹100
    Credit: ₹500
    What is the closing balance (in ₹)?
22. 22.Price list: balloon ₹9, notebook ₹40, glue stick ₹16, juice box ₹25.
    How much do a glue stick and a notebook cost together (in ₹)?
23. 23.Arjun’s passbook:
    Opening balance: ₹900
    Credit (money in): ₹550
    Debit (money out): ₹?
    Closing balance: ₹1050
    How many rupees was the debit?
24. 24.What do 5 pens at ₹19 each and 4 water bottles at ₹210 each cost in all (in ₹)?
25. 25.Joseph buys a kite for ₹10 and a banana for ₹6, and pays ₹50. How much change does Joseph get (in ₹)?
26. 26.₹240 + ₹280 =
27. 27.Which is the smallest amount: ₹50, ₹29 or ₹94? (a) 50 rupees (b) 29 rupees (c) 94 rupees
28. 28.Price list: balloon ₹8, toffee ₹2, pencil ₹4, ruler ₹9.
    How much do 4 pencils cost (in ₹)?
29. 29.₹520 − ₹460 =
30. 30.9 pens cost ₹225. What does one pen cost (in ₹)?
31. 31.Rahul’s passbook:
    Opening balance: ₹2100
    Credit: ₹150
    Debit: ₹450
    Credit: ₹200
    Credit: ₹400
    What is the closing balance (in ₹)?
32. 32.Aarav buys an eraser for ₹4 and a toffee for ₹1, and pays ₹50. How much change does Aarav get (in ₹)?
33. 33.Arjun spends ₹450 of ₹900 pocket money on books. What percent is that?
34. 34.A biscuit packet costs ₹12 and an ice candy costs ₹11. How many rupees more does the biscuit packet cost?
35. 35.₹200 earns 7% simple interest per year. In how many years will the interest be ₹28?
36. 36.Shop A sells 6 samosas for ₹78. Shop B sells 2 samosas for ₹38. Which shop is cheaper for one samosa? (a) Shop B (b) Shop A
37. 37.The bill for 4 cricket balls and a school bag is ₹1100. A cricket ball costs ₹145. What does the school bag cost (in ₹)?
38. 38.Shop A sells 2 notebooks for ₹60. Shop B sells 6 notebooks for ₹270. Which shop is cheaper for one notebook? (a) Shop B (b) Shop A
39. 39.Shop A sells 2 cricket balls for ₹290. Shop B sells 6 cricket balls for ₹600. What does one cricket ball cost at the cheaper shop (in ₹)?
40. 40.Gurpreet gets ₹30 every day. How many rupees is that in one week (7 days)?

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