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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 78 · 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.Farhan gets ₹30 a week, spends ₹10 each week and saves the rest. How many rupees has Farhan saved after 8 weeks?
  2. 2.Aditya spends ₹350 of ₹700 pocket money on books. What percent is that?
  3. 3.Manav pays a school fee of ₹200 from the account. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
  4. 4.Gurpreet is making a shopping list. Which of these is a need? (a) vegetables (b) a glitter pen set (c) a bigger TV (d) a third cricket bat
  5. 5.Dev is making a shopping list. Which of these is a need? (a) a raincoat (b) extra comic books (c) a new party dress (d) a toy robot
  6. 6.₹20 + ₹100 + ₹? = ₹125
  7. 7.Vivaan’s passbook:
    Opening balance: ₹2000
    Debit: ₹100
    Debit: ₹400
    Credit: ₹50
    Credit: ₹350
    What is the closing balance (in ₹)?
  8. 8.Count up to find the change from ₹10: ₹6 + ₹? = ₹10
  9. 9.₹29 + ₹15 + ₹31 =
  10. 10.A family plans ₹22000 for the month. 50% of it is for electricity. How many rupees is that?
  11. 11.Saanvi buys a lunch box for ₹190 and a pair of socks for ₹70, and pays with a ₹500 note. How much change does Saanvi get (in ₹)?
  12. 12.Aarav has 6 coins of ₹2. Meera has 8 notes of ₹20. How many more rupees does Meera have?
  13. 13.Joseph has 1 note of ₹200 and 2 notes of ₹100. How many rupees does Joseph have?
  14. 14.Price list: eraser ₹3, sticker sheet ₹6, ruler ₹10, juice box ₹20.
    Gurpreet has ₹50 and buys a juice box. How many rupees are left?
  15. 15.Lakshmi is making a shopping list. Which of these is a want? (a) milk (b) a video game (c) rice and dal (d) school shoes
  16. 16.A stall pays ₹5 for each cupcake and sells each one for ₹12. It sells 31 cupcakes. What is the total profit (in ₹)?
  17. 17.Ananya buys a sharpener for ₹9 and a sticker sheet for ₹12. How many rupees does Ananya spend in all?
  18. 18.For Priya, is “sweets every day” a need or a want? (a) Need (b) Want
  19. 19.Nisha gets ₹70 a week, spends ₹30 each week and saves the rest. How many rupees has Nisha saved after 5 weeks?
  20. 20.Ishaan keeps ₹1100 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
  21. 21.Rahul buys 2 toffees at ₹2 each and pays ₹50. How much change does Rahul get (in ₹)?
  22. 22.Meera’s passbook:
    Opening balance: ₹2400
    Credit: ₹500
    Credit: ₹200
    Credit: ₹300
    Debit: ₹200
    What is the closing balance (in ₹)?
  23. 23.₹71 + ₹20 =
  24. 24.Count up to find the change from ₹200: ₹46 + ₹? = ₹200
  25. 25.Arjun buys a football for ₹255 and a colour pencil set for ₹120, and pays with a ₹500 note. How much change does Arjun get (in ₹)?
  26. 26.Which is the smallest amount: ₹58, ₹90 or ₹14? (a) 58 rupees (b) 14 rupees (c) 90 rupees
  27. 27.6 geometry boxes cost ₹810. What does one geometry box cost (in ₹)?
  28. 28.Which is worth the most: a ₹500 note, a ₹200 note or a ₹1 coin? (a) 500-rupee note (b) 200-rupee note (c) 1-rupee coin
  29. 29.There are 12 children in a class. Each child needs one notebook at ₹55. What is the total cost (in ₹)?
  30. 30.Pooja’s piggy bank has 3 coins of ₹10, 3 coins of ₹2 and 1 coin of ₹1. How many rupees are in it?
  31. 31.Isha’s class stall spends ₹700 to make 20 paper bookmarks and sells all of them at ₹30 each. What is the loss (in ₹)?
  32. 32.Riya makes 2 paper bookmarks an hour and sells each one for ₹15. How many rupees can Riya earn from 2 hours of work?
  33. 33.2 footballs cost ₹650. What does one football cost (in ₹)?
  34. 34.2 lunch boxes cost ₹520. How much do 4 lunch boxes cost (in ₹)?
  35. 35.A ruler costs ₹8. Priya pays ₹10. How much change does Priya get (in ₹)?
  36. 36.A jigsaw puzzle costs ₹38. Diya has ₹5 and ₹5. How many more rupees does Diya need?
  37. 37.There are 11 children in a class. Each child needs one mango at ₹40. What is the total cost (in ₹)?
  38. 38.A raincoat costs ₹520. Offer 1: 20% off. Offer 2: ₹240 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
  39. 39.Kabir buys a colour pencil set for ₹90 and pays with a ₹100 note. How much change does Kabir get (in ₹)?
  40. 40.Of a ₹9000 monthly budget, 10% goes on food and 5% on electricity. The rest is saved. What percent is saved?

Answer key

  1. 160
  2. 50
  3. Debit
  4. vegetables
  5. a raincoat
  6. 5
  7. 1900
  8. 4
  9. 75
  10. 11000
  11. 240
  12. 148
  13. 400
  14. 30
  15. a video game
  16. 217
  17. 21
  18. Want
  19. 200
  20. 99
  21. 46
  22. 3200
  23. 91
  24. 154
  25. 125
  26. 14 rupees
  27. 135
  28. 500-rupee note
  29. 660
  30. 37
  31. 100
  32. 60
  33. 325
  34. 1040
  35. 2
  36. 28
  37. 440
  38. Offer 2
  39. 10
  40. 85

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