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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 595 · 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.

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  1. 1.After 50% off, a toy train costs ₹340. What was the price before the sale (in ₹)?
  2. 2.A pair of shoes costs ₹700. Offer 1: 20% off. Offer 2: ₹70 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
  3. 3.What is the smallest number of coins and notes that make ₹16?
  4. 4.₹50 + ₹150 =
  5. 5.Price list: ruler ₹12, banana ₹8, kite ₹22, eraser ₹4.
    Which item costs the least?
    (a) banana (b) eraser (c) kite (d) ruler
  6. 6.Kavya has 4 coins of ₹5 and 5 coins of ₹2. How many rupees does Kavya have?
  7. 7.Isha has 1 note of ₹200 and 1 note of ₹10. How many rupees does Isha have?
  8. 8.Nisha has 2 notes of ₹50 and 1 note of ₹20. How many rupees does Nisha have?
  9. 9.Pooja gets ₹500 pocket money every month. How many rupees is that in one year (12 months)?
  10. 10.Kavya’s passbook:
    Opening balance: ₹2100
    Credit (money in): ₹700
    Debit (money out): ₹?
    Closing balance: ₹250
    How many rupees was the debit?
  11. 11.Of a ₹36000 monthly budget, 25% goes on food and 20% on clothes. The rest is saved. How many rupees are saved?
  12. 12.Riya has 1 note of ₹200, 3 notes of ₹10 and 4 coins of ₹1. How many rupees does Riya have?
  13. 13.₹24 + ₹28 + ₹12 =
  14. 14.Count up to find the change from ₹500: ₹138 + ₹? = ₹500
  15. 15.Rohan has 6 coins of ₹5. How many rupees does Rohan have?
  16. 16.Pooja wants to save ₹400 for a cricket bat in 4 weeks, the same amount each week. How many rupees must Pooja save each week?
  17. 17.₹? + ₹10 + ₹20 = ₹80
  18. 18.One small sweet costs ₹2.50. How many rupees do 7 small sweets cost? =
  19. 19.A jigsaw puzzle costs ₹35. Priya has ₹10 and ₹10. How many more rupees does Priya need?
  20. 20.Joseph keeps ₹2000 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
  21. 21.Nisha buys 3 samosas at ₹14 each and pays with a ₹200 note. How much change does Nisha get (in ₹)?
  22. 22.Nisha keeps ₹700 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
  23. 23.Lakshmi spends ₹50 of ₹500 pocket money on books. What percent is that?
  24. 24.Count up to find the change from ₹50: ₹14 + ₹? = ₹50
  25. 25.2 friends run a stall selling friendship bands and make a profit of ₹140. They share it equally. How many rupees does each friend get?
  26. 26.Aarav spends ₹350 of ₹700 pocket money on books. What percent is that?
  27. 27.A jacket costs ₹980. Offer 1: 50% off. Offer 2: ₹180 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
  28. 28.Ishaan’s mother scans a shop’s QR code to pay ₹1000. What should she check before she pays? (a) Nothing, just pay (b) The colour of the code (c) The name of the shop
  29. 29.Kavya keeps ₹100 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
  30. 30.Farhan has 8 coins of ₹1. Meera has 3 coins of ₹5. Who has more money? (a) Farhan (b) Meera
  31. 31.A football costs ₹120. Offer 1: 20% off. Offer 2: ₹20 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
  32. 32.Zoya’s class stall spends ₹75 to make 15 paper bookmarks and sells all of them at ₹5 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
  33. 33.Isha buys a colour pencil set for ₹75 and pays with a ₹100 note. How much change does Isha get (in ₹)?
  34. 34.₹250 − ₹190 =
  35. 35.Tara’s class stall spends ₹510 to make 27 clay diyas and sells all of them at ₹20 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
  36. 36.Diya gets ₹500 pocket money every month. How many rupees is that in one year (12 months)?
  37. 37.Manav wants a cricket bat that costs ₹885, has ₹10 already and saves ₹20 every week. In how many weeks will Manav have enough?
  38. 38.Nisha buys a ruler for ₹14 and a pencil for ₹7, and pays ₹50. How much change does Nisha get (in ₹)?
  39. 39.Karan’s shop bill:
    1 storybook at ₹150
    4 mangoes at ₹20 each
    1 lunch box at ₹230
    What is the total bill (in ₹)?
  40. 40.Dev buys 6 pens at ₹23 each and pays with a ₹200 note. How much change does Dev get (in ₹)?

Answer key

  1. 680
  2. Offer 1
  3. 3
  4. 200
  5. eraser
  6. 30
  7. 210
  8. 120
  9. 6000
  10. 2550
  11. 19800
  12. 234
  13. 64
  14. 362
  15. 30
  16. 100
  17. 50
  18. 17.5
  19. 15
  20. 2300
  21. 158
  22. 210
  23. 10
  24. 36
  25. 70
  26. 50
  27. Offer 1
  28. The name of the shop
  29. 10
  30. Meera
  31. Offer 1
  32. No profit, no loss
  33. 25
  34. 60
  35. Profit
  36. 6000
  37. 44
  38. 29
  39. 460
  40. 62

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