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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 8 · 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’s class stall spends ₹760 to make 34 paper bookmarks and sells all of them at ₹20 each. What is the loss (in ₹)?
  2. 2.Manav has 1 note of ₹500 and 1 note of ₹50. How many rupees does Manav have?
  3. 3.Rohan has 4 notes of ₹200 and 2 notes of ₹100. How many rupees does Rohan have?
  4. 4.Nisha has 6 notes of ₹100. How many rupees does Nisha have?
  5. 5.Vivaan buys a pair of socks for ₹55 and pays with a ₹100 note. How much change does Vivaan get (in ₹)?
  6. 6.Count up to find the change from ₹50: ₹27 + ₹? = ₹50
  7. 7.Which is worth more: a ₹20 coin or a ₹10 note? (a) 20-rupee coin (b) 10-rupee note
  8. 8.₹140 + ₹390 =
  9. 9.Vivaan has 5 notes of ₹100. Sneha has 5 notes of ₹10. Who has more money? (a) Sneha (b) Vivaan
  10. 10.Gurpreet sells 33 plates of bhel at ₹5 each. How many rupees does Gurpreet get?
  11. 11.Which is the same money as one ₹10 note? (a) six 2-rupee coins (b) two 2-rupee coins (c) five 2-rupee coins
  12. 12.Dev’s class stall spends ₹80 to make 18 greeting cards and sells all of them at ₹5 each. What is the profit (in ₹)?
  13. 13.Which is the biggest amount: ₹50, ₹45 or ₹32? (a) 32 rupees (b) 50 rupees (c) 45 rupees
  14. 14.Riya keeps ₹1300 in a bank. After 3 years the simple interest is ₹312. What is the rate of interest per year (in %)?
  15. 15.6 storybooks cost ₹1200. How much do 9 storybooks cost (in ₹)?
  16. 16.A message says Rahul has won ₹50000. 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
  17. 17.What do 3 storybooks at ₹95 each and 3 water bottles at ₹140 each cost in all (in ₹)?
  18. 18.₹2 + ₹12.50 =
  19. 19.Gurpreet has 3 coins of ₹5. Karan has 8 notes of ₹100. Who has less money? (a) Gurpreet (b) Karan
  20. 20.₹1700 earns 10% simple interest per year. In how many years will the interest be ₹680?
  21. 21.Tara’s passbook:
    Opening balance: ₹4800
    Credit (money in): ₹950
    Debit (money out): ₹4250
    What is the balance now (in ₹)?
  22. 22.Rohan buys a geometry box (₹95), a samosa (₹13), a cricket ball (₹110) and a storybook (₹95). What is the total (in ₹)?
  23. 23.A toffee costs ₹3. Manav pays ₹10. How much change does Manav get (in ₹)?
  24. 24.₹18.50 − ₹11.50 =
  25. 25.Diya has 3 notes of ₹50. How many rupees does Diya have?
  26. 26.Lakshmi saves ₹70 every week for 10 weeks, then buys a gift for Mum for ₹340. How many rupees are left?
  27. 27.Price list: sticker sheet ₹8, toffee ₹2, ice candy ₹9, sharpener ₹6.
    How much do 3 sticker sheets cost (in ₹)?
  28. 28.How many notes of ₹20 make ₹200?
  29. 29.Lakshmi saves ₹90 every week for 4 weeks, then buys a cricket bat for ₹100. How many rupees are left?
  30. 30.Which coins and notes make exactly ₹170? (a) 100 + 50 + 20 (b) 100 + 50 + 10 (c) 50 + 20 + 20
  31. 31.Ananya has ₹300 for return gifts. Each gift costs ₹30. What is the greatest number of gifts Ananya can buy?
  32. 32.Joseph got ₹325 in 5 weeks, the same amount every week. How many rupees is that each week?
  33. 33.Of a ₹21000 monthly budget, 40% goes on food and 30% on school fees. The rest is saved. How many rupees are saved?
  34. 34.Manav’s piggy bank has 5 coins of ₹20, 3 coins of ₹5 and 2 coins of ₹2. How many rupees are in it?
  35. 35.Ishaan’s passbook:
    Opening balance: ₹3800
    Credit: ₹350
    Credit: ₹150
    Credit: ₹500
    Debit: ₹100
    What is the closing balance (in ₹)?
  36. 36.Manav gets ₹7 every day. How many rupees is that in one week (7 days)?
  37. 37.An eraser costs ₹3. Zoya pays ₹10. How much change does Zoya get (in ₹)?
  38. 38.A raincoat costs ₹340. The shop gives 50% off. How many rupees is the discount?
  39. 39.Which is worth more: a ₹100 note or a ₹10 note? (a) 10-rupee note (b) 100-rupee note
  40. 40.Kavya keeps ₹1400 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?

Answer key

  1. 80
  2. 550
  3. 1000
  4. 600
  5. 45
  6. 23
  7. 20-rupee coin
  8. 530
  9. Vivaan
  10. 165
  11. five 2-rupee coins
  12. 10
  13. 50 rupees
  14. 8
  15. 1800
  16. No PIN to receive money
  17. 705
  18. 14.5
  19. Gurpreet
  20. 4
  21. 1500
  22. 313
  23. 7
  24. 7
  25. 150
  26. 360
  27. 24
  28. 10
  29. 260
  30. 100 + 50 + 20
  31. 10
  32. 65
  33. 6300
  34. 119
  35. 4700
  36. 49
  37. 7
  38. 170
  39. 100-rupee note
  40. 126

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