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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 598 · 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. 1.950 paise is how many rupees? =
  2. 2.Lakshmi has 3 notes of ₹10. Ishaan has 9 coins of ₹2. How many more rupees does Lakshmi have?
  3. 3.Joseph gets ₹900 interest from the bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
  4. 4.Joseph has 3 coins of ₹20. How many rupees does Joseph have?
  5. 5.After 50% off, a toy train costs ₹210. What was the price before the sale (in ₹)?
  6. 6.Lakshmi’s class stall spends ₹340 to make 24 cups of lemonade and sells all of them at ₹10 each. What is the loss (in ₹)?
  7. 7.A 10 kg bag of onions costs ₹470. A 5 kg bag costs ₹175. Which bag is cheaper per kg? (a) 5 kg bag (b) 10 kg bag
  8. 8.Ananya has one ₹5 piece of money. Is it a coin or a note? (a) Coin (b) Note
  9. 9.Kavya buys a glue stick for ₹18 and a notebook for ₹25, and pays ₹50. How much change does Kavya get (in ₹)?
  10. 10.Isha has one ₹5 piece of money. Is it a coin or a note? (a) Note (b) Coin
  11. 11.One small sweet costs ₹3.50. How many rupees do 7 small sweets cost? =
  12. 12.2 friends run a stall selling cupcakes and make a profit of ₹320. They share it equally. How many rupees does each friend get?
  13. 13.7 children go on a school trip to the fort. The bus costs ₹90 for each child and the ticket costs ₹30 for each child. What is the total cost (in ₹)?
  14. 14.Kavya wants to save ₹560 for a board game in 7 weeks, the same amount each week. How many rupees must Kavya save each week?
  15. 15.A stall pays ₹18 for each friendship band and sells each one for ₹23. It sells 27 friendship bands. What is the total profit (in ₹)?
  16. 16.₹580 − ₹50 =
  17. 17.Farhan has a budget of ₹1000 for a birthday party. The cake cost ₹210, the snacks cost ₹220 and the balloons cost ₹230. How many rupees are left?
  18. 18.Nisha makes 3 friendship bands an hour and sells each one for ₹20. How many rupees can Nisha earn from 2 hours of work?
  19. 19.Gurpreet buys 2 rulers at ₹10 each and pays ₹50. How much change does Gurpreet get (in ₹)?
  20. 20.Lakshmi’s passbook:
    Opening balance: ₹4300
    Debit: ₹300
    Debit: ₹200
    Credit: ₹200
    Credit: ₹450
    What is the closing balance (in ₹)?
  21. 21.A sharpener costs ₹5 and a sticker sheet costs ₹12. How many rupees more does the sticker sheet cost?
  22. 22.Price list: eraser ₹3, juice box ₹25, balloon ₹10, sharpener ₹6.
    How many rupees more does a balloon cost than an eraser?
  23. 23.Kavya has 7 coins of ₹5. Karan has 8 notes of ₹10. Who has less money? (a) Karan (b) Kavya
  24. 24.Nisha is making a shopping list. Which of these is a need? (a) vegetables (b) extra comic books (c) a video game (d) designer sunglasses
  25. 25.Aarav’s piggy bank has 3 coins of ₹20, 3 coins of ₹5 and 1 coin of ₹1. How many rupees are in it?
  26. 26.Manav’s mother scans a shop’s QR code to pay ₹50000. What should she check before she pays? (a) The name of the shop (b) The colour of the code (c) Nothing, just pay
  27. 27.Price list: juice box ₹20, glue stick ₹23, sharpener ₹6, toffee ₹1.
    How many rupees more does a glue stick cost than a sharpener?
  28. 28.Lakshmi has one ₹100 piece of money. Is it a coin or a note? (a) Coin (b) Note
  29. 29.Gurpreet buys a balloon for ₹10 and a juice box for ₹20. How many rupees does Gurpreet spend in all?
  30. 30.How many coins of ₹20 does Saanvi need to make ₹200?
  31. 31.Riya wants to save ₹400 for a storybook set in 10 weeks, the same amount each week. How many rupees must Riya save each week?
  32. 32.Shop A sells a football for ₹450 with free delivery. Shop B sells it for ₹270 plus ₹40 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
  33. 33.Kabir buys a biscuit packet for ₹20 and a toffee for ₹1, and pays ₹50. How much change does Kabir get (in ₹)?
  34. 34.Which is the smallest amount: ₹20, ₹88 or ₹25? (a) 20 rupees (b) 25 rupees (c) 88 rupees
  35. 35.Farhan keeps ₹1200 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
  36. 36.Which is worth the most: a ₹5 coin, a ₹500 note or a ₹20 note? (a) 20-rupee note (b) 500-rupee note (c) 5-rupee coin
  37. 37.How many ₹2 coins make a ₹20 note?
  38. 38.₹480 + ₹80 =
  39. 39.Dev’s passbook:
    Opening balance: ₹3400
    Credit: ₹150
    Credit: ₹150
    Credit: ₹100
    Debit: ₹150
    What is the closing balance (in ₹)?
  40. 40.Tara keeps ₹1300 in a bank. After 4 years the simple interest is ₹208. What is the rate of interest per year (in %)?

Answer key

  1. 9.5
  2. 12
  3. Credit
  4. 60
  5. 420
  6. 100
  7. 5 kg bag
  8. Coin
  9. 7
  10. Coin
  11. 24.5
  12. 160
  13. 840
  14. 80
  15. 135
  16. 530
  17. 340
  18. 120
  19. 30
  20. 4450
  21. 7
  22. 7
  23. Kavya
  24. vegetables
  25. 76
  26. The name of the shop
  27. 17
  28. Note
  29. 30
  30. 10
  31. 40
  32. Shop B
  33. 29
  34. 20 rupees
  35. 192
  36. 500-rupee note
  37. 10
  38. 560
  39. 3650
  40. 4

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