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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 644 · 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.Kabir wants a bicycle that costs ₹4520, has ₹690 already and saves ₹100 every week. In how many weeks will Kabir have enough?
  2. 2.For Lakshmi, is “a third cricket bat” a need or a want? (a) Need (b) Want
  3. 3.Which coins and notes make exactly ₹57? (a) 5 + 2 + 1 (b) 50 + 2 + 2 (c) 50 + 5 + 2
  4. 4.The bill for 2 pens and a plate of idli is ₹67. A pen costs ₹16. What does the plate of idli cost (in ₹)?
  5. 5.Saanvi sells 18 plates of bhel at ₹20 each. How many rupees does Saanvi get?
  6. 6.Shop A sells a badminton racket for ₹375 with free delivery. Shop B sells it for ₹495 plus ₹40 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
  7. 7.Arjun buys a colour pencil set for ₹75 and pays with a ₹100 note. How much change does Arjun get (in ₹)?
  8. 8.₹12.50 + ₹7.50 =
  9. 9.Aditya wants to save ₹1120 for a wristwatch in 28 weeks, the same amount each week. How many rupees must Aditya save each week?
  10. 10.₹20 + ₹1 + ₹? = ₹26
  11. 11.Lakshmi has 4 coins of ₹5. Nisha has 8 notes of ₹50. Who has less money? (a) Lakshmi (b) Nisha
  12. 12.Manav’s class stall spends ₹150 to make 18 cups of lemonade and sells all of them at ₹5 each. What is the loss (in ₹)?
  13. 13.Ananya has 4 notes of ₹50 and 2 notes of ₹10. How many rupees does Ananya have?
  14. 14.Sneha’s passbook:
    Opening balance: ₹4300
    Credit (money in): ₹550
    Debit (money out): ₹?
    Closing balance: ₹200
    How many rupees was the debit?
  15. 15.Rahul has 2 coins of ₹2 and 6 coins of ₹5. How many rupees does Rahul have?
  16. 16.Aarav keeps ₹900 in a bank at 2% simple interest per year. How much money will there be after 3 years (in ₹)?
  17. 17.Rahul has 2 coins of ₹20. How many rupees does Rahul have?
  18. 18.Count up to find the change from ₹10: ₹1 + ₹? = ₹10
  19. 19.₹30 + ₹56 =
  20. 20.Kavya has ₹480 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Kavya can buy?
  21. 21.₹410 − ₹220 =
  22. 22.Riya is making a shopping list. Which of these is a need? (a) a glitter pen set (b) a remote-control car (c) a video game (d) a schoolbag
  23. 23.Isha gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Isha do? (a) Read the OTP out (b) Send it by message (c) Never share the OTP
  24. 24.A water bottle costs ₹700. The shop gives 10% off. What is the sale price (in ₹)?
  25. 25.Which is the biggest amount: ₹70, ₹19 or ₹24? (a) 24 rupees (b) 70 rupees (c) 19 rupees
  26. 26.For Joseph, is “school shoes” a need or a want? (a) Want (b) Need
  27. 27.A family plans ₹49000 for the month. 25% of it is for electricity. How many rupees is that?
  28. 28.Ananya buys a cricket ball (₹105), a badminton racket (₹480), a geometry box (₹115) and a football (₹360). What is the total (in ₹)?
  29. 29.A stall pays ₹5 for each cup of lemonade and sells each one for ₹12. It sells 16 cups of lemonade. What is the total profit (in ₹)?
  30. 30.Which coins and notes make exactly ₹16? (a) 10 + 5 + 1 (b) 5 + 2 + 1 (c) 20 + 10 + 5
  31. 31.Arjun wants to save ₹320 for a storybook set in 4 weeks, the same amount each week. How many rupees must Arjun save each week?
  32. 32.6 footballs cost ₹2130. How much do 7 footballs cost (in ₹)?
  33. 33.Sneha’s passbook:
    Opening balance: ₹1700
    Credit (money in): ₹250
    Debit (money out): ₹1700
    What is the balance now (in ₹)?
  34. 34.Arjun keeps ₹2000 in a bank. After 5 years the simple interest is ₹800. What is the rate of interest per year (in %)?
  35. 35.One T-shirt costs ₹200. How much do 3 T-shirts cost (in ₹)?
  36. 36.₹61 + ₹32 =
  37. 37.A cricket bat costs ₹500. The shop gives 25% off. How many rupees is the discount?
  38. 38.Isha buys a sticker sheet for ₹7 and a ruler for ₹9. How many rupees does Isha spend in all?
  39. 39.Meera has 3 notes of ₹100 and 4 notes of ₹50. How many rupees does Meera have?
  40. 40.Arjun gets ₹26 every day. How many rupees is that in one week (7 days)?

Answer key

  1. 39
  2. Want
  3. 50 + 5 + 2
  4. 35
  5. 360
  6. Shop A
  7. 25
  8. 20
  9. 40
  10. 5
  11. Lakshmi
  12. 60
  13. 220
  14. 4650
  15. 34
  16. 954
  17. 40
  18. 9
  19. 86
  20. 32
  21. 190
  22. a schoolbag
  23. Never share the OTP
  24. 630
  25. 70 rupees
  26. Need
  27. 12250
  28. 1060
  29. 112
  30. 10 + 5 + 1
  31. 80
  32. 2485
  33. 250
  34. 8
  35. 600
  36. 93
  37. 125
  38. 16
  39. 500
  40. 182

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