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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 802 · 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.₹1800 earns 9% simple interest per year. In how many years will the interest be ₹486?
  2. 2.₹? + ₹100 + ₹10 = ₹112
  3. 3.Nisha got ₹200 in 4 weeks, the same amount every week. How many rupees is that each week?
  4. 4.A toffee costs ₹1 and a juice box costs ₹30. How many rupees more does the juice box cost?
  5. 5.Isha sees that ₹1000 was sent to a wrong number by mistake. What should Isha do first? (a) Tell a parent at once (b) Pay again to fix it (c) Keep it a secret
  6. 6.7 pens cost ₹98. How much do 10 pens cost (in ₹)?
  7. 7.Meera withdraws ₹150 at the bank counter. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
  8. 8.A family plans ₹24000 for the month. 30% of it is for rent. How many rupees is that?
  9. 9.After 10% off, a football costs ₹90. What was the price before the sale (in ₹)?
  10. 10.8 geometry boxes cost ₹920. What does one geometry box cost (in ₹)?
  11. 11.Pooja had ₹53. Pooja spent ₹9 on a sharpener. How many rupees are left?
  12. 12.For Rohan, is “medicine when ill” a need or a want? (a) Need (b) Want
  13. 13.There are 12 children in a class. Each child needs one plate of idli at ₹35. What is the total cost (in ₹)?
  14. 14.A toy train costs ₹820. The shop gives 20% off. How many rupees is the discount?
  15. 15.₹15 − ₹4.50 =
  16. 16.₹500 earns 6% simple interest per year. In how many years will the interest be ₹90?
  17. 17.What is the smallest number of coins and notes that make ₹118?
  18. 18.Lakshmi’s passbook:
    Opening balance: ₹3200
    Credit (money in): ₹650
    Debit (money out): ₹2500
    What is the balance now (in ₹)?
  19. 19.Lakshmi wants a gift for Mum that costs ₹450. Lakshmi saves ₹90 every week. How many weeks will it take?
  20. 20.Rahul has 9 coins of ₹20. How many rupees does Rahul have?
  21. 21.Diya keeps ₹400 in a bank. After 2 years the simple interest is ₹48. What is the rate of interest per year (in %)?
  22. 22.A 5 kg bag of potatoes costs ₹130. A 1 kg bag costs ₹25. Which bag is cheaper per kg? (a) 5 kg bag (b) 1 kg bag
  23. 23.Tara has 3 coins of ₹5 and 6 coins of ₹2. How many rupees does Tara have?
  24. 24.A toffee costs ₹3. Tara pays ₹20. How much change does Tara get (in ₹)?
  25. 25.One mango costs ₹35. How much do 3 mangoes cost (in ₹)?
  26. 26.Manav gets ₹13 every day. How many rupees is that in one week (7 days)?
  27. 27.One sticker sheet costs ₹5. A pack of 3 sticker sheets costs ₹14. How many rupees do you save by buying the pack instead of 3 single ones?
  28. 28.Gurpreet has ₹610 for return gifts. Each gift costs ₹20. What is the greatest number of gifts Gurpreet can buy?
  29. 29.Price list: kite ₹21, ice candy ₹15, balloon ₹5, pencil ₹6.
    How much do an ice candy and a kite cost together (in ₹)?
  30. 30.Ananya has 8 notes of ₹10. How many rupees does Ananya have?
  31. 31.Rahul’s class stall spends ₹490 to make 36 paper bookmarks and sells all of them at ₹15 each. What is the profit (in ₹)?
  32. 32.Priya gets ₹18 every day. How many rupees is that in one week (7 days)?
  33. 33.Gurpreet has 1 note of ₹100, 1 note of ₹20 and 2 coins of ₹1. How many rupees does Gurpreet have?
  34. 34.₹29.50 − ₹27 =
  35. 35.Kabir wants a cricket bat that costs ₹420. Kabir saves ₹60 every week. How many weeks will it take?
  36. 36.Which is the same money as one ₹500 note? (a) five 100-rupee notes (b) three 100-rupee notes (c) six 100-rupee notes
  37. 37.₹44 + ₹36 =
  38. 38.How many coins of ₹10 does Farhan need to make ₹60?
  39. 39.Count up to find the change from ₹10: ₹9 + ₹? = ₹10
  40. 40.Rohan’s passbook:
    Opening balance: ₹2300
    Credit (money in): ₹750
    Debit (money out): ₹1700
    What is the balance now (in ₹)?

Answer key

  1. 3
  2. 2
  3. 50
  4. 29
  5. Tell a parent at once
  6. 140
  7. Debit
  8. 7200
  9. 100
  10. 115
  11. 44
  12. Need
  13. 420
  14. 164
  15. 10.5
  16. 3
  17. 5
  18. 1350
  19. 5
  20. 180
  21. 6
  22. 1 kg bag
  23. 27
  24. 17
  25. 105
  26. 91
  27. 1
  28. 30
  29. 36
  30. 80
  31. 50
  32. 126
  33. 122
  34. 2.5
  35. 7
  36. five 100-rupee notes
  37. 80
  38. 6
  39. 1
  40. 1350

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