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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 721 · 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.Riya buys a balloon for ₹7 and a pencil for ₹4, and pays ₹50. How much change does Riya get (in ₹)?
  2. 2.Price list: sharpener ₹6, sticker sheet ₹5, banana ₹4, notebook ₹35.
    Pooja has ₹20 and buys a sharpener. How many rupees are left?
  3. 3.₹76 + ₹5 =
  4. 4.Price list: pencil ₹6, glue stick ₹25, eraser ₹2, toffee ₹1.
    How much do 2 glue sticks cost (in ₹)?
  5. 5.Kabir has 4 coins of ₹2 and 5 coins of ₹1. How many rupees does Kabir have?
  6. 6.Lakshmi keeps ₹500 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
  7. 7.Kavya’s passbook:
    Opening balance: ₹2600
    Credit: ₹150
    Credit: ₹350
    Debit: ₹100
    Credit: ₹100
    What is the closing balance (in ₹)?
  8. 8.Karan spends ₹110 to start a stall and sells each clay diya for ₹25. What is the smallest number Karan must sell to get back the ₹110?
  9. 9.₹120 + ₹190 =
  10. 10.Kavya buys a mango for ₹40 and pays with a ₹100 note. How much change does Kavya get (in ₹)?
  11. 11.One samosa costs ₹12. How much do 3 samosas cost (in ₹)?
  12. 12.3 pairs of socks cost ₹225. How much do 2 pairs of socks cost (in ₹)?
  13. 13.₹21 + ₹39 + ₹33 =
  14. 14.Rohan buys a pencil for ₹3 and an eraser for ₹2, and pays ₹50. How much change does Rohan get (in ₹)?
  15. 15.Karan had ₹42. Karan spent ₹10 on a sticker sheet. How many rupees are left?
  16. 16.Rohan has 2 coins of ₹2. Diya has 6 notes of ₹50. How many more rupees does Diya have?
  17. 17.Nisha wants a storybook set that costs ₹325, has ₹100 already and saves ₹40 every week. In how many weeks will Nisha have enough?
  18. 18.What is the smallest number of coins and notes that make ₹114?
  19. 19.A study lamp costs ₹780. Offer 1: 20% off. Offer 2: ₹240 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
  20. 20.For Joseph, is “school shoes” a need or a want? (a) Need (b) Want
  21. 21.Gurpreet is making a shopping list. Which of these is a want? (a) a warm blanket (b) a new party dress (c) school shoes (d) milk
  22. 22.Price list: kite ₹13, eraser ₹4, samosa ₹11, sticker sheet ₹5.
    Diya has ₹20 and buys a sticker sheet. How many rupees are left?
  23. 23.Which is the biggest amount: ₹39, ₹42 or ₹29? (a) 39 rupees (b) 29 rupees (c) 42 rupees
  24. 24.Gurpreet gets ₹70 a week, spends ₹65 each week and saves the rest. How many rupees has Gurpreet saved after 3 weeks?
  25. 25.Pooja keeps ₹1300 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
  26. 26.What is the smallest number of coins and notes that make ₹17?
  27. 27.What is the smallest number of coins and notes that make ₹136?
  28. 28.Price list: sticker sheet ₹10, toffee ₹3, balloon ₹7, sharpener ₹9.
    Karan has ₹50 and buys a balloon. How many rupees are left?
  29. 29.Rahul keeps ₹200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
  30. 30.For Lakshmi, is “extra comic books” a need or a want? (a) Need (b) Want
  31. 31.Nisha keeps ₹900 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 4 years?
  32. 32.₹40 + ₹15 =
  33. 33.₹390 + ₹140 =
  34. 34.Arjun keeps ₹200 in a bank. After 1 year the simple interest is ₹6. What is the rate of interest per year (in %)?
  35. 35.A 1 kg bag of sugar costs ₹47. A 10 kg bag costs ₹490. How many rupees per kg do you save with the cheaper bag?
  36. 36.Aarav’s passbook:
    Opening balance: ₹2800
    Credit (money in): ₹100
    Debit (money out): ₹150
    What is the balance now (in ₹)?
  37. 37.Kabir has 5 notes of ₹20. Ananya has 6 coins of ₹1. Who has more money? (a) Ananya (b) Kabir
  38. 38.A samosa costs ₹12. Vivaan pays ₹50. How much change does Vivaan get (in ₹)?
  39. 39.A 10 kg bag of tomatoes costs ₹510. A 2 kg bag costs ₹94. How many rupees per kg do you save with the cheaper bag?
  40. 40.Gurpreet spends ₹100 to start a stall and sells each cup of lemonade for ₹15. What is the smallest number Gurpreet must sell to get back the ₹100?

Answer key

  1. 39
  2. 14
  3. 81
  4. 50
  5. 13
  6. 590
  7. 3100
  8. 5
  9. 310
  10. 60
  11. 36
  12. 150
  13. 93
  14. 45
  15. 32
  16. 296
  17. 6
  18. 4
  19. Offer 2
  20. Need
  21. a new party dress
  22. 15
  23. 42 rupees
  24. 15
  25. 156
  26. 3
  27. 5
  28. 43
  29. 24
  30. Want
  31. 288
  32. 55
  33. 530
  34. 3
  35. 2
  36. 2750
  37. Kabir
  38. 38
  39. 4
  40. 7

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