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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 648 · 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.Rohan buys 3 toffees at ₹3 each and pays ₹20. How much change does Rohan get (in ₹)?
  2. 2.₹160 + ₹180 =
  3. 3.Saanvi gets ₹300 pocket money every month. How many rupees is that in one year (12 months)?
  4. 4.₹450 − ₹60 =
  5. 5.Priya keeps ₹1900 in a bank. After 1 year the simple interest is ₹133. What is the rate of interest per year (in %)?
  6. 6.₹1700 earns 10% simple interest per year. In how many years will the interest be ₹850?
  7. 7.₹330 − ₹270 =
  8. 8.Farhan has one ₹500 piece of money. Is it a coin or a note? (a) Note (b) Coin
  9. 9.Which is worth the most: a ₹100 note, a ₹10 note or a ₹500 note? (a) 500-rupee note (b) 100-rupee note (c) 10-rupee note
  10. 10.Price list: glue stick ₹15, toffee ₹3, balloon ₹9, crayon box ₹35.
    Which item costs the least?     (a) balloon (b) toffee (c) crayon box (d) glue stick
  11. 11.There are 31 children in a class. Each child needs one samosa at ₹18. What is the total cost (in ₹)?
  12. 12.Farhan saves ₹20 every week for 8 weeks, then buys a cricket bat for ₹140. How many rupees are left?
  13. 13.A school bag costs ₹360. Offer 1: 50% off. Offer 2: ₹40 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
  14. 14.Pooja keeps ₹1200 in a bank. After 4 years the simple interest is ₹96. What is the rate of interest per year (in %)?
  15. 15.Of a ₹7000 monthly budget, 40% goes on rent and 5% on food. The rest is saved. How many rupees are saved?
  16. 16.Kavya spends ₹25 of ₹500 pocket money on books. What percent is that?
  17. 17.A stall pays ₹10 for each greeting card and sells each one for ₹17. It sells 31 greeting cards. What is the total profit (in ₹)?
  18. 18.A stranger asks Saanvi to scan a QR code to “get” ₹1000. What is true? (a) Scanning a QR pays money (b) It gives you money (c) QR codes are always safe
  19. 19.Riya buys 2 ice candies at ₹10 each and pays ₹50. How much change does Riya get (in ₹)?
  20. 20.Which is the same money as one ₹20 note? (a) two 10-rupee notes (b) five 10-rupee notes (c) four 10-rupee notes
  21. 21.An ice candy costs ₹14 and a samosa costs ₹10. How many rupees more does the ice candy cost?
  22. 22.A stall pays ₹7 for each cup of lemonade and sells each one for ₹15. It sells 18 cups of lemonade. What is the total profit (in ₹)?
  23. 23.How many ₹1 coins make a ₹2 coin?
  24. 24.Rahul buys 2 notebooks at ₹45 each and pays with a ₹200 note. How much change does Rahul get (in ₹)?
  25. 25.Meera has 2 coins of ₹5 and 2 coins of ₹2. How many rupees does Meera have?
  26. 26.Karan gets ₹100 pocket money every month. How many rupees is that in one year (12 months)?
  27. 27.Price list: kite ₹17, pencil ₹7, juice box ₹25, glue stick ₹24.
    Which item costs the least?     (a) kite (b) glue stick (c) pencil (d) juice box
  28. 28.Gurpreet’s mother has ₹3000 in her bank account. She pays ₹50 for medicines and ₹180 for a gas cylinder by UPI. How many rupees are left in the account?
  29. 29.Aditya has 4 notes of ₹100. Farhan has 5 notes of ₹50. How many more rupees does Aditya have?
  30. 30.Kabir gets ₹350 pocket money every month. How many rupees is that in one year (12 months)?
  31. 31.Riya gets ₹100 pocket money every month. How many rupees is that in one year (12 months)?
  32. 32.Zoya’s piggy bank has 5 coins of ₹20, 5 coins of ₹5 and 1 coin of ₹2. How many rupees are in it?
  33. 33.₹1500 earns 4% simple interest per year. In how many years will the interest be ₹300?
  34. 34.Riya is making a shopping list. Which of these is a want? (a) sweets every day (b) a warm blanket (c) a school uniform (d) a schoolbag
  35. 35.Ishaan has 4 coins of ₹1. How many rupees does Ishaan have?
  36. 36.Kabir has 5 coins of ₹5. Kavya has 8 notes of ₹50. How many more rupees does Kavya have?
  37. 37.Kabir has 1 note of ₹100, 1 note of ₹10 and 3 coins of ₹1. How many rupees does Kabir have?
  38. 38.₹330 + ₹210 =
  39. 39.Which is the smallest amount: ₹37, ₹28 or ₹44? (a) 37 rupees (b) 44 rupees (c) 28 rupees
  40. 40.Riya has 2 notes of ₹10. Meera has 7 notes of ₹50. How many more rupees does Meera have?

Answer key

  1. 11
  2. 340
  3. 3600
  4. 390
  5. 7
  6. 5
  7. 60
  8. Note
  9. 500-rupee note
  10. toffee
  11. 558
  12. 20
  13. Offer 1
  14. 2
  15. 3850
  16. 5
  17. 217
  18. Scanning a QR pays money
  19. 30
  20. two 10-rupee notes
  21. 4
  22. 144
  23. 2
  24. 110
  25. 14
  26. 1200
  27. pencil
  28. 2770
  29. 150
  30. 4200
  31. 1200
  32. 127
  33. 5
  34. sweets every day
  35. 4
  36. 375
  37. 113
  38. 540
  39. 28 rupees
  40. 330

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