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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 695 · 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.Which is worth more: a ₹10 coin or a ₹200 note? (a) 10-rupee coin (b) 200-rupee note
  2. 2.₹500 earns 4% simple interest per year. In how many years will the interest be ₹80?
  3. 3.Shop A sells a water bottle for ₹210 with free delivery. Shop B sells it for ₹215 plus ₹80 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
  4. 4.₹87 − ₹56 =
  5. 5.Ishaan has 3 notes of ₹50, 3 notes of ₹20 and 4 coins of ₹5. How many rupees does Ishaan have?
  6. 6.Aditya has ₹50 in a piggy bank. Chacha gives Aditya ₹14 more. How many rupees does Aditya have now?
  7. 7.A message says Manav has won ₹1000. It asks for the UPI PIN to send the prize. What is true? (a) Enter the PIN quickly (b) Prizes need your PIN (c) No PIN to receive money
  8. 8.Tara buys a T-shirt (₹215), a water bottle (₹215), a school bag (₹770) and a geometry box (₹90). What is the total (in ₹)?
  9. 9.How many lunch boxes can you buy with ₹2250 if one costs ₹250?
  10. 10.Karan’s shop bill:
    3 lunch boxes at ₹245 each
    1 cricket ball at ₹130
    1 samosa at ₹17
    What is the total bill (in ₹)?
  11. 11.A day trip costs ₹1710 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
  12. 12.Kabir’s passbook:
    Opening balance: ₹2400
    Credit: ₹400
    Credit: ₹400
    Credit: ₹500
    Debit: ₹450
    What is the closing balance (in ₹)?
  13. 13.A dozen (12) pencils cost ₹84. What does one cost (in ₹)?
  14. 14.A toffee costs ₹1 and a biscuit packet costs ₹18. How many rupees more does the biscuit packet cost?
  15. 15.How many school bags can you buy with ₹6900 if one costs ₹690?
  16. 16.Rohan gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Rohan do? (a) Read the OTP out (b) Never share the OTP (c) Send it by message
  17. 17.Karan has ₹400. First Karan pays for needs: a raincoat (₹130) and school shoes (₹120). How many rupees are left for wants?
  18. 18.Of a ₹48000 monthly budget, 50% goes on school fees and 40% on electricity. The rest is saved. What percent is saved?
  19. 19.Aditya is making a shopping list. Which of these is a want? (a) drinking water (b) a warm blanket (c) medicine when ill (d) a fancy phone cover
  20. 20.Shop A sells 6 pens for ₹138. Shop B sells 3 pens for ₹72. What does one pen cost at the cheaper shop (in ₹)?
  21. 21.Which is worth more: a ₹20 coin or a ₹5 coin? (a) 20-rupee coin (b) 5-rupee coin
  22. 22.A day trip costs ₹440 in all. 4 friends share the cost equally. How much does each friend pay (in ₹)?
  23. 23.Rahul has ₹18 in a piggy bank. Nani gives Rahul ₹27 more. How many rupees does Rahul have now?
  24. 24.Gurpreet gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Gurpreet do? (a) Read the OTP out (b) Never share the OTP (c) Send it by message
  25. 25.Of a ₹42000 monthly budget, 30% goes on clothes and 50% on rent. The rest is saved. What percent is saved?
  26. 26.Priya gets a link: “Click now to win a phone worth ₹10000!” What should Priya do? (a) Click it to win (b) Ignore it, tell a parent (c) Send it to friends
  27. 27.Farhan buys a pencil for ₹8 and a biscuit packet for ₹12. How many rupees does Farhan spend in all?
  28. 28.Which is worth the least: a ₹1 coin, a ₹50 note or a ₹200 note? (a) 50-rupee note (b) 1-rupee coin (c) 200-rupee note
  29. 29.Priya has ₹10 in a piggy bank. Dadi gives Priya ₹28 more. How many rupees does Priya have now?
  30. 30.Ishaan buys 3 toffees at ₹1 each and pays ₹20. How much change does Ishaan get (in ₹)?
  31. 31.2 friends run a stall selling cupcakes and make a profit of ₹940. They share it equally. How many rupees does each friend get?
  32. 32.Arjun sells 36 cups of lemonade at ₹5 each. How many rupees does Arjun get?
  33. 33.How many notes of ₹20 make ₹200?
  34. 34.Dev’s class stall spends ₹340 to make 18 friendship bands and sells all of them at ₹20 each. What is the profit (in ₹)?
  35. 35.Price list: juice box ₹25, biscuit packet ₹16, crayon box ₹40, balloon ₹9.
    How many rupees more does a biscuit packet cost than a balloon?
  36. 36.Someone online asks Ananya 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
  37. 37.Price list: pencil ₹8, toffee ₹3, kite ₹18, juice box ₹20.
    Which item costs the most?     (a) kite (b) juice box (c) toffee (d) pencil
  38. 38.Farhan gets ₹15 pocket money every week. How many rupees is that in 12 weeks?
  39. 39.Zoya is making a shopping list. Which of these is a want? (a) school shoes (b) bus fare to school (c) extra comic books (d) soap
  40. 40.Arjun’s class stall spends ₹150 to make 21 paper bookmarks and sells all of them at ₹10 each. What is the profit (in ₹)?

Answer key

  1. 200-rupee note
  2. 4
  3. Shop A
  4. 31
  5. 230
  6. 64
  7. No PIN to receive money
  8. 1290
  9. 9
  10. 882
  11. 570
  12. 3250
  13. 7
  14. 17
  15. 10
  16. Never share the OTP
  17. 150
  18. 10
  19. a fancy phone cover
  20. 23
  21. 20-rupee coin
  22. 110
  23. 45
  24. Never share the OTP
  25. 20
  26. Ignore it, tell a parent
  27. 20
  28. 1-rupee coin
  29. 38
  30. 17
  31. 470
  32. 180
  33. 10
  34. 20
  35. 7
  36. No one
  37. juice box
  38. 180
  39. extra comic books
  40. 60

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