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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 629 · 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.Vivaan’s mother has ₹2800 in her bank account. She pays ₹230 for medicines and ₹200 for milk by UPI. How many rupees are left in the account?
  2. 2.Vivaan has ₹10. A kite costs ₹14. Does Vivaan have enough money to buy it? (a) Yes (b) No
  3. 3.4 school bags cost ₹2600. How much do 3 school bags cost (in ₹)?
  4. 4.Karan’s passbook:
    Opening balance: ₹1900
    Credit (money in): ₹1000
    Debit (money out): ₹?
    Closing balance: ₹2700
    How many rupees was the debit?
  5. 5.Karan keeps ₹1300 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
  6. 6.Farhan gets ₹28 every day. How many rupees is that in one week (7 days)?
  7. 7.Farhan’s class stall spends ₹130 to make 11 plates of bhel and sells all of them at ₹10 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
  8. 8.Count up to find the change from ₹200: ₹62 + ₹? = ₹200
  9. 9.₹13.50 − ₹3 =
  10. 10.Someone online asks Gurpreet for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A friend at school (b) No one (c) A caller from the bank
  11. 11.Ananya has 6 notes of ₹20. How many rupees does Ananya have?
  12. 12.Which is worth more: a ₹10 note or a ₹20 coin? (a) 20-rupee coin (b) 10-rupee note
  13. 13.Gurpreet has 2 notes of ₹10. How many rupees does Gurpreet have?
  14. 14.Lakshmi has ₹51. A crayon box costs ₹50. Does Lakshmi have enough money to buy it? (a) Yes (b) No
  15. 15.Kavya gets ₹27 every day. How many rupees is that in one week (7 days)?
  16. 16.Of a ₹21000 monthly budget, 25% goes on electricity and 20% on food. The rest is saved. What percent is saved?
  17. 17.₹24.50 − ₹10.50 =
  18. 18.A sharpener costs ₹5. Joseph pays ₹20. How much change does Joseph get (in ₹)?
  19. 19.₹940 − ₹400 =
  20. 20.Dev is making a shopping list. Which of these is a want? (a) a warm blanket (b) bus fare to school (c) a video game (d) school shoes
  21. 21.Saanvi is making a shopping list. Which of these is a need? (a) a fancy phone cover (b) a glitter pen set (c) designer sunglasses (d) a school uniform
  22. 22.Of a ₹20000 monthly budget, 10% goes on electricity and 25% on rent. The rest is saved. What percent is saved?
  23. 23.₹29 + ₹7 =
  24. 24.One paper clip costs 50 paise. How many rupees do 4 paper clips cost? =
  25. 25.The bill for 2 notebooks and a pair of socks is ₹145. A notebook costs ₹45. What does the pair of socks cost (in ₹)?
  26. 26.₹150 + ₹110 =
  27. 27.Price list: crayon box ₹50, kite ₹18, banana ₹7, eraser ₹5.
    How many rupees more does a kite cost than an eraser?
  28. 28.A notebook costs ₹22.50. Tara pays ₹50. How much change does Tara get, in rupees? =
  29. 29.Kabir’s passbook:
    Opening balance: ₹500
    Credit (money in): ₹350
    Debit (money out): ₹?
    Closing balance: ₹550
    How many rupees was the debit?
  30. 30.Ananya has 5 notes of ₹100 and 5 notes of ₹10. How many rupees does Ananya have?
  31. 31.Aarav spends ₹50 of ₹1000 pocket money on books. What percent is that?
  32. 32.Ananya has one ₹100 piece of money. Is it a coin or a note? (a) Note (b) Coin
  33. 33.Shop A sells 6 pens for ₹66. Shop B sells 3 pens for ₹36. What does one pen cost at the cheaper shop (in ₹)?
  34. 34.Pooja buys a lunch box (₹290), a cricket ball (₹145), a colour pencil set (₹70) and a samosa (₹17). What is the total (in ₹)?
  35. 35.Rahul has 5 coins of ₹5 and 2 coins of ₹10. How many rupees does Rahul have?
  36. 36.A football costs ₹700. The shop gives 10% off. What is the sale price (in ₹)?
  37. 37.Kabir wants a football that costs ₹345, has ₹110 already and saves ₹60 every week. In how many weeks will Kabir have enough?
  38. 38.What is the smallest number of coins and notes that make ₹70?
  39. 39.A day trip costs ₹140 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
  40. 40.How many ₹1 coins make a ₹2 coin?

Answer key

  1. 2370
  2. No
  3. 1950
  4. 200
  5. 1482
  6. 196
  7. Loss
  8. 138
  9. 10.5
  10. No one
  11. 120
  12. 20-rupee coin
  13. 20
  14. Yes
  15. 189
  16. 55
  17. 14
  18. 15
  19. 540
  20. a video game
  21. a school uniform
  22. 65
  23. 36
  24. 2
  25. 55
  26. 260
  27. 13
  28. 27.5
  29. 300
  30. 550
  31. 5
  32. Note
  33. 11
  34. 522
  35. 45
  36. 630
  37. 4
  38. 2
  39. 70
  40. 2

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