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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 738 · 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.Kabir gets ₹30 a week, spends ₹10 each week and saves the rest. How many rupees has Kabir saved after 3 weeks?
  2. 2.Gurpreet’s class stall spends ₹265 to make 15 paper bookmarks and sells all of them at ₹15 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
  3. 3.Which coins and notes make exactly ₹32? (a) 20 + 10 + 5 (b) 20 + 10 + 2 (c) 20 + 10 + 1
  4. 4.Aarav has 9 notes of ₹50. Sneha has 6 coins of ₹1. Who has more money? (a) Aarav (b) Sneha
  5. 5.Aarav’s passbook:
    Opening balance: ₹3400
    Credit: ₹350
    Debit: ₹50
    Debit: ₹200
    Debit: ₹500
    What is the total of all the credits (in ₹)?
  6. 6.One kite costs ₹14. A pack of 3 kites costs ₹41. How many rupees do you save by buying the pack instead of 3 single ones?
  7. 7.A kite costs ₹12 and a sticker sheet costs ₹5. How many rupees more does the kite cost?
  8. 8.A notebook costs ₹37.50. Arjun pays ₹50. How much change does Arjun get, in rupees? =
  9. 9.Vivaan has 1 note of ₹500 and 1 note of ₹100. How many rupees does Vivaan have?
  10. 10.Diya’s passbook:
    Opening balance: ₹4700
    Credit (money in): ₹700
    Debit (money out): ₹250
    What is the balance now (in ₹)?
  11. 11.Nisha keeps ₹700 in a bank at 7% simple interest per year. How much money will there be after 3 years (in ₹)?
  12. 12.A 2 kg bag of wheat flour costs ₹76. A 5 kg bag costs ₹170. Which bag is cheaper per kg? (a) 5 kg bag (b) 2 kg bag
  13. 13.How many coins of ₹20 does Meera need to make ₹140?
  14. 14.Pooja’s class stall spends ₹290 to make 26 paper bookmarks and sells all of them at ₹10 each. What is the loss (in ₹)?
  15. 15.Ananya has ₹1000 for a picnic. Food costs ₹180 and tickets cost ₹740. Is ₹1000 enough? (a) No (b) Yes
  16. 16.Dev has 4 notes of ₹20. How many rupees does Dev have?
  17. 17.A message says Farhan has won ₹25000. 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
  18. 18.Aditya spends ₹25 of ₹500 pocket money on books. What percent is that?
  19. 19.Kavya has one ₹2 piece of money. Is it a coin or a note? (a) Note (b) Coin
  20. 20.A dozen (12) pencils cost ₹48. What does one cost (in ₹)?
  21. 21.One notebook costs ₹40. A pack of 3 notebooks costs ₹118. How many rupees do you save by buying the pack instead of 3 single ones?
  22. 22.Shop A sells a football for ₹275 with free delivery. Shop B sells it for ₹250 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
  23. 23.Farhan has ₹10 in a piggy bank. Dadi gives Farhan ₹14 more. How many rupees does Farhan have now?
  24. 24.₹48 + ₹22 =
  25. 25.Aarav saves ₹90 every week for 9 weeks, then buys a storybook set for ₹520. How many rupees are left?
  26. 26.Price list: glue stick ₹22, pencil ₹5, biscuit packet ₹16, toffee ₹2.
    How much do a toffee and a pencil cost together (in ₹)?
  27. 27.Isha has 6 coins of ₹2. Arjun has 5 notes of ₹20. Who has more money? (a) Arjun (b) Isha
  28. 28.A stall pays ₹3 for each friendship band and sells each one for ₹9. It sells 40 friendship bands. What is the total profit (in ₹)?
  29. 29.Which is the same money as one ₹50 note? (a) five 10-rupee notes (b) two 10-rupee notes (c) three 10-rupee notes
  30. 30.A stall pays ₹6 for each friendship band and sells each one for ₹7. It sells 28 friendship bands. What is the total profit (in ₹)?
  31. 31.Shop A sells 4 cricket balls for ₹580. Shop B sells 6 cricket balls for ₹720. What does one cricket ball cost at the cheaper shop (in ₹)?
  32. 32.A raincoat costs ₹120. The shop gives 10% off. How many rupees is the discount?
  33. 33.₹280 + ₹100 =
  34. 34.9 school bags cost ₹6525. How much do 7 school bags cost (in ₹)?
  35. 35.A day trip costs ₹3280 in all. 8 friends share the cost equally. How much does each friend pay (in ₹)?
  36. 36.For Aarav, is “a bigger TV” a need or a want? (a) Want (b) Need
  37. 37.Farhan’s mother has ₹2500 in her bank account. She pays ₹310 for fruit and ₹120 for milk by UPI. How many rupees are left in the account?
  38. 38.Which is worth the most: a ₹2 coin, a ₹20 note or a ₹50 note? (a) 50-rupee note (b) 2-rupee coin (c) 20-rupee note
  39. 39.Rohan keeps ₹1200 in a bank. After 4 years the simple interest is ₹240. What is the rate of interest per year (in %)?
  40. 40.Tara has 4 notes of ₹50 and 2 notes of ₹20. How many rupees does Tara have?

Answer key

  1. 60
  2. Loss
  3. 20 + 10 + 2
  4. Aarav
  5. 350
  6. 1
  7. 7
  8. 12.5
  9. 600
  10. 5150
  11. 847
  12. 5 kg bag
  13. 7
  14. 30
  15. Yes
  16. 80
  17. No PIN to receive money
  18. 5
  19. Coin
  20. 4
  21. 2
  22. Shop B
  23. 24
  24. 70
  25. 290
  26. 7
  27. Arjun
  28. 240
  29. five 10-rupee notes
  30. 28
  31. 120
  32. 12
  33. 380
  34. 5075
  35. 410
  36. Want
  37. 2070
  38. 50-rupee note
  39. 5
  40. 240

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