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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 786 · 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.Isha has ₹550. First Isha pays for needs: a school uniform (₹60) and a lunch box (₹150). How many rupees are left for wants?
  2. 2.Karan has ₹500. In a piggy bank it stays ₹500. In a bank at 3% simple interest per year, how many rupees more will Karan have after 4 years?
  3. 3.Meera keeps ₹400 in a bank. After 5 years the simple interest is ₹200. What is the rate of interest per year (in %)?
  4. 4.₹20 + ₹? + ₹5 = ₹26
  5. 5.Meera keeps ₹1200 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
  6. 6.Which is worth the most: a ₹200 note, a ₹50 note or a ₹20 note? (a) 50-rupee note (b) 20-rupee note (c) 200-rupee note
  7. 7.Rohan spends ₹110 on things to make 10 plates of bhel and sells them all at ₹15 each. How many rupees does Rohan earn after paying the costs?
  8. 8.Pooja’s passbook:
    Opening balance: ₹4500
    Debit: ₹50
    Credit: ₹50
    Credit: ₹100
    Debit: ₹500
    What is the closing balance (in ₹)?
  9. 9.Ananya spends ₹300 of ₹1000 pocket money on books. What percent is that?
  10. 10.A toy car costs ₹74. Joseph has ₹10 and ₹10. How many more rupees does Joseph need?
  11. 11.Pooja has ₹950 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Pooja can buy?
  12. 12.Diya’s class stall spends ₹160 to make 13 paper bookmarks and sells all of them at ₹10 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
  13. 13.₹5.50 − ₹2.50 =
  14. 14.Zoya buys 3 toffees at ₹1 each and pays ₹20. How much change does Zoya get (in ₹)?
  15. 15.Ishaan’s mother has ₹1300 in her bank account. She pays ₹90 for vegetables and ₹260 for bread by UPI. How many rupees are left in the account?
  16. 16.Pooja buys an eraser for ₹4 and a ruler for ₹10, and pays ₹50. How much change does Pooja get (in ₹)?
  17. 17.Gurpreet buys a cricket ball for ₹110 and a water bottle for ₹215, and pays with a ₹500 note. How much change does Gurpreet get (in ₹)?
  18. 18.Arjun gets ₹40 pocket money every week. How many rupees is that in 4 weeks?
  19. 19.One notebook costs ₹40. How much do 6 notebooks cost (in ₹)?
  20. 20.9 school bags cost ₹5310. How much do 10 school bags cost (in ₹)?
  21. 21.Manav keeps ₹400 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  22. 22.6 school bags cost ₹3990. How much do 4 school bags cost (in ₹)?
  23. 23.₹880 − ₹180 =
  24. 24.Rahul has 3 notes of ₹200 and 3 notes of ₹50. How many rupees does Rahul have?
  25. 25.Manav buys 2 balloons at ₹5 each and pays ₹50. How much change does Manav get (in ₹)?
  26. 26.₹5 + ₹10.50 =
  27. 27.₹? + ₹1 + ₹100 = ₹111
  28. 28.Arjun sells 28 clay diyas at ₹15 each. How many rupees does Arjun get?
  29. 29.A stranger asks Saanvi to scan a QR code to “get” ₹10000. What is true? (a) It gives you money (b) QR codes are always safe (c) Scanning a QR pays money
  30. 30.Sneha’s mother has ₹2400 in her bank account. She pays ₹310 for medicines and ₹380 for bread by UPI. How many rupees are left in the account?
  31. 31.How many notes of ₹200 make ₹600?
  32. 32.Of a ₹11000 monthly budget, 30% goes on rent and 40% on clothes. The rest is saved. What percent is saved?
  33. 33.A water bottle costs ₹260. The shop gives 20% off. How many rupees is the discount?
  34. 34.Vivaan wants a wristwatch that costs ₹865, has ₹350 already and saves ₹50 every week. In how many weeks will Vivaan have enough?
  35. 35.A school bag costs ₹475 online. Delivery is ₹80 and a coupon takes ₹20 off. What is the final price (in ₹)?
  36. 36.How many paise are there in ₹8?
  37. 37.Sneha has ₹620 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Sneha can buy?
  38. 38.Ishaan has ₹20. A glue stick costs ₹21. Does Ishaan have enough money to buy it? (a) No (b) Yes
  39. 39.Farhan gets a link: “Click now to win a phone worth ₹500!” What should Farhan do? (a) Send it to friends (b) Click it to win (c) Ignore it, tell a parent
  40. 40.Vivaan’s passbook:
    Opening balance: ₹3700
    Debit: ₹250
    Debit: ₹200
    Credit: ₹100
    Credit: ₹50
    What is the total of all the debits (in ₹)?

Answer key

  1. 340
  2. 60
  3. 10
  4. 1
  5. 120
  6. 200-rupee note
  7. 40
  8. 4100
  9. 30
  10. 54
  11. 63
  12. Loss
  13. 3
  14. 17
  15. 950
  16. 36
  17. 175
  18. 160
  19. 240
  20. 5900
  21. 8
  22. 2660
  23. 700
  24. 750
  25. 40
  26. 15.5
  27. 10
  28. 420
  29. Scanning a QR pays money
  30. 1710
  31. 3
  32. 30
  33. 52
  34. 11
  35. 535
  36. 800
  37. 12
  38. No
  39. Ignore it, tell a parent
  40. 450

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