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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 779 · 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.Manav’s class stall spends ₹110 to make 30 clay diyas and sells all of them at ₹5 each. What is the profit (in ₹)?
  2. 2.A 1 kg bag of sugar costs ₹48. A 5 kg bag costs ₹245. How many rupees per kg do you save with the cheaper bag?
  3. 3.Aditya spends ₹370 on things to make 31 cups of lemonade and sells them all at ₹20 each. How many rupees does Aditya earn after paying the costs?
  4. 4.A dozen (12) bananas cost ₹48. What does one cost (in ₹)?
  5. 5.Gurpreet is making a shopping list. Which of these is a need? (a) milk (b) a new party dress (c) a third cricket bat (d) extra comic books
  6. 6.Nisha has ₹1000 for a picnic. Food costs ₹140 and tickets cost ₹780. Is ₹1000 enough? (a) No (b) Yes
  7. 7.A water bottle costs ₹720. Offer 1: 25% off. Offer 2: ₹160 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
  8. 8.Price list: banana ₹8, toffee ₹3, sticker sheet ₹11, glue stick ₹16.
    Which item costs the most?
    (a) sticker sheet (b) glue stick (c) toffee (d) banana
  9. 9.Rohan’s class stall spends ₹540 to make 26 cupcakes and sells all of them at ₹25 each. What is the profit (in ₹)?
  10. 10.Tara buys a plate of idli (₹40), a cricket ball (₹145), a lunch box (₹300) and a badminton racket (₹320). What is the total (in ₹)?
  11. 11.Aditya got ₹180 in 6 weeks, the same amount every week. How many rupees is that each week?
  12. 12.Which is the biggest amount: ₹32, ₹36 or ₹94? (a) 36 rupees (b) 94 rupees (c) 32 rupees
  13. 13.A dozen (12) bangles cost ₹84. What does one cost (in ₹)?
  14. 14.Aditya keeps ₹1400 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
  15. 15.₹74 − ₹51 =
  16. 16.₹1000 earns 2% simple interest per year. In how many years will the interest be ₹60?
  17. 17.₹100 + ₹1 + ₹? = ₹151
  18. 18.Of a ₹45000 monthly budget, 5% goes on travel and 25% on electricity. The rest is saved. What percent is saved?
  19. 19.How many paise are there in ₹16?
  20. 20.A football costs ₹310 online. Delivery is ₹30 and a coupon takes ₹20 off. What is the final price (in ₹)?
  21. 21.How many coins of ₹5 does Aditya need to make ₹50?
  22. 22.₹91 − ₹52 =
  23. 23.Rohan keeps ₹200 in a bank. After 2 years the simple interest is ₹40. What is the rate of interest per year (in %)?
  24. 24.A 10 kg bag of wheat flour costs ₹400. A 1 kg bag costs ₹36. Which bag is cheaper per kg? (a) 1 kg bag (b) 10 kg bag
  25. 25.What is the smallest number of coins and notes that make ₹50?
  26. 26.Which is worth the most: a ₹2 coin, a ₹50 note or a ₹100 note? (a) 2-rupee coin (b) 50-rupee note (c) 100-rupee note
  27. 27.Sneha has 4 coins of ₹5. Rahul has 4 coins of ₹2. How many more rupees does Sneha have?
  28. 28.After 20% off, a jacket costs ₹448. What was the price before the sale (in ₹)?
  29. 29.A family plans ₹9000 for the month. 5% of it is for clothes. How many rupees is that?
  30. 30.Count up to find the change from ₹10: ₹5 + ₹? = ₹10
  31. 31.₹5 + ₹20 + ₹? = ₹27
  32. 32.Joseph spends ₹300 to start a stall and sells each cupcake for ₹5. What is the smallest number Joseph must sell to get back the ₹300?
  33. 33.Isha’s shop bill:
    3 notebooks at ₹30 each
    2 pens at ₹24 each
    3 water bottles at ₹155 each
    What is the total bill (in ₹)?
  34. 34.A raincoat costs ₹560. Offer 1: 50% off. Offer 2: ₹40 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
  35. 35.Riya has 3 notes of ₹200. How many rupees does Riya have?
  36. 36.Vivaan has a budget of ₹500 for a birthday party. The return gifts cost ₹120, the balloons cost ₹90 and the snacks cost ₹90. How many rupees are left?
  37. 37.A banana costs ₹6. Gurpreet pays ₹10. How much change does Gurpreet get (in ₹)?
  38. 38.Ishaan has 5 notes of ₹50 and 4 notes of ₹20. How many rupees does Ishaan have?
  39. 39.Shop A sells a water bottle for ₹140 with free delivery. Shop B sells it for ₹190 plus ₹30 delivery. How many rupees do you save by buying from the cheaper shop?
  40. 40.Kavya buys 2 ice candies at ₹8 each and pays ₹20. How much change does Kavya get (in ₹)?

Answer key

  1. 40
  2. 1
  3. 250
  4. 4
  5. milk
  6. Yes
  7. Offer 1
  8. glue stick
  9. 110
  10. 805
  11. 30
  12. 94 rupees
  13. 7
  14. 1680
  15. 23
  16. 3
  17. 50
  18. 70
  19. 1600
  20. 320
  21. 10
  22. 39
  23. 10
  24. 1 kg bag
  25. 1
  26. 100-rupee note
  27. 12
  28. 560
  29. 450
  30. 5
  31. 2
  32. 60
  33. 603
  34. Offer 1
  35. 600
  36. 200
  37. 4
  38. 330
  39. 80
  40. 4

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