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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 638 · 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.₹700 earns 4% simple interest per year. In how many years will the interest be ₹112?
  2. 2.Farhan buys a notebook for ₹40 and pays with a ₹100 note. How much change does Farhan get (in ₹)?
  3. 3.A yo-yo costs ₹91. Arjun has ₹5 and ₹2. How many more rupees does Arjun need?
  4. 4.Priya has a budget of ₹500 for a birthday party. The cake cost ₹110, the snacks cost ₹70 and the balloons cost ₹50. How many rupees are left?
  5. 5.Pooja has 3 coins of ₹20 and 6 coins of ₹2. How many rupees does Pooja have?
  6. 6.Kabir has ₹5. A sharpener costs ₹8. Does Kabir have enough money to buy it? (a) Yes (b) No
  7. 7.Sneha wants a board game that costs ₹350, has ₹70 already and saves ₹30 every week. In how many weeks will Sneha have enough?
  8. 8.Rahul spends ₹220 to start a stall and sells each paper bookmark for ₹5. What is the smallest number Rahul must sell to get back the ₹220?
  9. 9.One crayon box costs ₹45. A pack of 3 crayon boxes costs ₹134. How many rupees do you save by buying the pack instead of 3 single ones?
  10. 10.Vivaan has ₹1400. In a piggy bank it stays ₹1400. In a bank at 8% simple interest per year, how many rupees more will Vivaan have after 2 years?
  11. 11.Shop A sells 4 plates of idli for ₹200. Shop B sells 2 plates of idli for ₹120. Which shop is cheaper for one plate of idli? (a) Shop B (b) Shop A
  12. 12.Nisha has 3 notes of ₹100 and 1 note of ₹50. How many rupees does Nisha have?
  13. 13.9 children go on a school trip to the museum. The bus costs ₹90 for each child and the ticket costs ₹20 for each child. What is the total cost (in ₹)?
  14. 14.What is the smallest number of coins and notes that make ₹130?
  15. 15.₹1 + ₹10 + ₹? = ₹13
  16. 16.Nisha is making a shopping list. Which of these is a want? (a) medicine when ill (b) soap (c) bus fare to school (d) a toy robot
  17. 17.What is the smallest number of coins and notes that make ₹176?
  18. 18.One pencil costs ₹7. A pack of 3 pencils costs ₹20. How many rupees do you save by buying the pack instead of 3 single ones?
  19. 19.A family plans ₹20000 for the month. 25% of it is for clothes. How many rupees is that?
  20. 20.₹7 + ₹24 + ₹16 =
  21. 21.Isha buys a pair of socks (₹90), a samosa (₹13), a notebook (₹55) and a badminton racket (₹510). What is the total (in ₹)?
  22. 22.Zoya has ₹800 for a picnic. Food costs ₹270 and tickets cost ₹600. Is ₹800 enough? (a) Yes (b) No
  23. 23.Saanvi sells 33 cups of lemonade at ₹15 each. How many rupees does Saanvi get?
  24. 24.An ice candy costs ₹15. Gurpreet pays ₹50. How much change does Gurpreet get (in ₹)?
  25. 25.A family plans ₹48000 for the month. 30% of it is for food. How many rupees is that?
  26. 26.₹79 + ₹9 =
  27. 27.Tara spends ₹120 on things to make 47 clay diyas and sells them all at ₹5 each. How many rupees does Tara earn after paying the costs?
  28. 28.Rahul has 10 coins of ₹1. How many rupees does Rahul have?
  29. 29.One colour pencil set costs ₹65. How much do 8 colour pencil sets cost (in ₹)?
  30. 30.A toy train costs ₹540. The shop gives 50% off. What is the sale price (in ₹)?
  31. 31.How many coins of ₹10 does Priya need to make ₹30?
  32. 32.Farhan’s passbook:
    Opening balance: ₹3900
    Credit (money in): ₹550
    Debit (money out): ₹3600
    What is the balance now (in ₹)?
  33. 33.₹27 − ₹18 =
  34. 34.A stall pays ₹2 for each cupcake and sells each one for ₹3. It sells 21 cupcakes. What is the total profit (in ₹)?
  35. 35.Of a ₹22000 monthly budget, 20% goes on clothes and 25% on electricity. The rest is saved. How many rupees are saved?
  36. 36.For Aarav, is “a fancy phone cover” a need or a want? (a) Need (b) Want
  37. 37.Diya’s piggy bank has 1 coin of ₹20, 3 coins of ₹2 and 3 coins of ₹1. How many rupees are in it?
  38. 38.A board game costs ₹540. Offer 1: 20% off. Offer 2: ₹10 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
  39. 39.Karan buys a samosa for ₹17 and pays with a ₹100 note. How much change does Karan get (in ₹)?
  40. 40.Kavya is making a shopping list. Which of these is a want? (a) a schoolbag (b) notebooks for school (c) soap (d) a bigger TV

Answer key

  1. 4
  2. 60
  3. 84
  4. 270
  5. 72
  6. No
  7. 10
  8. 44
  9. 1
  10. 224
  11. Shop A
  12. 350
  13. 990
  14. 3
  15. 2
  16. a toy robot
  17. 5
  18. 1
  19. 5000
  20. 47
  21. 668
  22. No
  23. 495
  24. 35
  25. 14400
  26. 88
  27. 115
  28. 10
  29. 520
  30. 270
  31. 3
  32. 850
  33. 9
  34. 21
  35. 12100
  36. Want
  37. 29
  38. Offer 1
  39. 83
  40. a bigger TV

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