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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 616 · 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.Karan buys a pen for ₹22 and pays with a ₹100 note. How much change does Karan get (in ₹)?
  2. 2.A colouring book costs ₹67. Karan has ₹10 and ₹5. How many more rupees does Karan need?
  3. 3.Price list: pencil ₹8, sharpener ₹4, juice box ₹25, banana ₹5.
    How many rupees more does a juice box cost than a sharpener?
  4. 4.₹1800 earns 4% simple interest per year. In how many years will the interest be ₹144?
  5. 5.How many notes of ₹200 make ₹400?
  6. 6.Kavya’s passbook:
    Opening balance: ₹1200
    Credit (money in): ₹100
    Debit (money out): ₹?
    Closing balance: ₹1050
    How many rupees was the debit?
  7. 7.Which is the smallest amount: ₹70, ₹52 or ₹21? (a) 52 rupees (b) 21 rupees (c) 70 rupees
  8. 8.Shop A sells a football for ₹380 with free delivery. Shop B sells it for ₹295 plus ₹80 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
  9. 9.Count up to find the change from ₹50: ₹12 + ₹? = ₹50
  10. 10.Riya has 7 coins of ₹1. Karan has 2 notes of ₹10. How many more rupees does Karan have?
  11. 11.Ananya has 5 coins of ₹1. Farhan has 5 coins of ₹5. Who has more money? (a) Ananya (b) Farhan
  12. 12.A kite costs ₹13 and a ruler costs ₹14. How many rupees more does the ruler cost?
  13. 13.Pooja buys 5 pencils at ₹3 each and pays ₹20. How much change does Pooja get (in ₹)?
  14. 14.After 10% off, a cricket bat costs ₹450. What was the price before the sale (in ₹)?
  15. 15.Priya has ₹34 in a piggy bank. Dadi gives Priya ₹35 more. How many rupees does Priya have now?
  16. 16.Arjun’s class stall spends ₹460 to make 32 clay diyas and sells all of them at ₹25 each. What is the profit (in ₹)?
  17. 17.Priya has 3 coins of ₹1. Rohan has 8 coins of ₹2. Who has less money? (a) Priya (b) Rohan
  18. 18.Aarav has ₹500 for a picnic. Food costs ₹120 and tickets cost ₹360. Is ₹500 enough? (a) Yes (b) No
  19. 19.3 badminton rackets cost ₹1200. How much do 10 badminton rackets cost (in ₹)?
  20. 20.A juice box costs ₹28. Pooja pays ₹50. How much change does Pooja get (in ₹)?
  21. 21.Arjun has ₹4. A pencil costs ₹4. Does Arjun have enough money to buy it? (a) Yes (b) No
  22. 22.3 notebooks cost ₹135. What does one notebook cost (in ₹)?
  23. 23.Nisha gets ₹1250 interest from the bank. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
  24. 24.Which is the same money as one ₹10 note? (a) four 2-rupee coins (b) two 2-rupee coins (c) five 2-rupee coins
  25. 25.Priya’s piggy bank has 4 coins of ₹20, 4 coins of ₹10 and 4 coins of ₹2. How many rupees are in it?
  26. 26.A pair of shoes costs ₹220. The shop gives 10% off. What is the sale price (in ₹)?
  27. 27.Joseph buys an eraser for ₹3 and a sharpener for ₹4, and pays ₹50. How much change does Joseph get (in ₹)?
  28. 28.A dozen (12) pencils cost ₹60. What does one cost (in ₹)?
  29. 29.A family plans ₹28000 for the month. 10% of it is for rent. How many rupees is that?
  30. 30.Shop A sells 2 samosas for ₹28. Shop B sells 6 samosas for ₹120. What does one samosa cost at the cheaper shop (in ₹)?
  31. 31.Which is the same money as one ₹200 note? (a) six 50-rupee notes (b) four 50-rupee notes (c) three 50-rupee notes
  32. 32.Karan has ₹700. In a piggy bank it stays ₹700. In a bank at 5% simple interest per year, how many rupees more will Karan have after 5 years?
  33. 33.Kabir has a budget of ₹2000 for a birthday party. The cake cost ₹300, the decorations cost ₹50 and the return gifts cost ₹160. How many rupees are left?
  34. 34.Rahul’s class stall spends ₹265 to make 17 friendship bands and sells all of them at ₹15 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
  35. 35.Diya gets ₹1100 interest from the bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
  36. 36.Of a ₹27000 monthly budget, 30% goes on food and 50% on electricity. The rest is saved. What percent is saved?
  37. 37.What do 3 water bottles at ₹155 each and 2 colour pencil sets at ₹85 each cost in all (in ₹)?
  38. 38.A message says Pooja has won ₹25000. It asks for the UPI PIN to send the prize. What is true? (a) No PIN to receive money (b) Enter the PIN quickly (c) Prizes need your PIN
  39. 39.Price list: sticker sheet ₹8, samosa ₹13, balloon ₹10, eraser ₹3.
    How many rupees more does a samosa cost than an eraser?
  40. 40.Arjun gets ₹70 a week, spends ₹55 each week and saves the rest. How many rupees has Arjun saved after 7 weeks?

Answer key

  1. 78
  2. 52
  3. 21
  4. 2
  5. 2
  6. 250
  7. 21 rupees
  8. Shop B
  9. 38
  10. 13
  11. Farhan
  12. 1
  13. 5
  14. 500
  15. 69
  16. 340
  17. Priya
  18. Yes
  19. 4000
  20. 22
  21. Yes
  22. 45
  23. Credit
  24. five 2-rupee coins
  25. 128
  26. 198
  27. 43
  28. 5
  29. 2800
  30. 14
  31. four 50-rupee notes
  32. 175
  33. 1490
  34. Loss
  35. Credit
  36. 20
  37. 635
  38. No PIN to receive money
  39. 10
  40. 105

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