Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 816 · 40 sums

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.

1. 1.Aarav has one ₹500 piece of money. Is it a coin or a note? (a) Coin (b) Note
2. 2.Riya’s passbook:
   Opening balance: ₹2600
   Debit: ₹450
   Credit: ₹200
   Credit: ₹200
   Debit: ₹400
   What is the closing balance (in ₹)?
3. 3.Manav keeps ₹700 in a bank. After 3 years the simple interest is ₹42. What is the rate of interest per year (in %)?
4. 4.Meera has 4 coins of ₹2 and 5 coins of ₹5. How many rupees does Meera have?
5. 5.Isha wants a football that costs ₹450. Isha saves ₹90 every week. How many weeks will it take?
6. 6.Joseph’s class stall spends ₹850 to make 38 paper bookmarks and sells all of them at ₹20 each. What is the loss (in ₹)?
7. 7.Manav’s passbook:
   Opening balance: ₹500
   Credit (money in): ₹700
   Debit (money out): ₹?
   Closing balance: ₹900
   How many rupees was the debit?
8. 8.Aarav got ₹180 in 2 weeks, the same amount every week. How many rupees is that each week?
9. 9.Rahul is making a shopping list. Which of these is a want? (a) notebooks for school (b) a bigger TV (c) medicine when ill (d) rice and dal
10. 10.Saanvi’s piggy bank has 2 coins of ₹20, 1 coin of ₹10 and 5 coins of ₹5. How many rupees are in it?
11. 11.₹70 + ₹240 =
12. 12.Sneha buys a football (₹375), a storybook (₹150), a plate of idli (₹60) and a samosa (₹14). What is the total (in ₹)?
13. 13.Zoya gets ₹40 a week, spends ₹15 each week and saves the rest. How many rupees has Zoya saved after 3 weeks?
14. 14.A football costs ₹480. The shop gives 10% off. What is the sale price (in ₹)?
15. 15.Ishaan’s class stall spends ₹310 to make 10 plates of bhel and sells all of them at ₹30 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
16. 16.Which is worth more: a ₹2 coin or a ₹1 coin? (a) 1-rupee coin (b) 2-rupee coin
17. 17.A stranger asks Aarav to scan a QR code to “get” ₹2000. What is true? (a) QR codes are always safe (b) It gives you money (c) Scanning a QR pays money
18. 18.₹840 − ₹220 =
19. 19.Dev wants to save ₹400 for a gift for Mum in 4 weeks, the same amount each week. How many rupees must Dev save each week?
20. 20.₹370 − ₹70 =
21. 21.Of a ₹49000 monthly budget, 30% goes on travel and 20% on electricity. The rest is saved. How many rupees are saved?
22. 22.Kavya’s passbook:
    Opening balance: ₹2500
    Credit (money in): ₹1000
    Debit (money out): ₹?
    Closing balance: ₹2650
    How many rupees was the debit?
23. 23.Priya buys 3 bananas at ₹8 each and pays ₹50. How much change does Priya get (in ₹)?
24. 24.A toy car costs ₹95. Manav has ₹5 and ₹5. How many more rupees does Manav need?
25. 25.Kavya’s piggy bank has 3 coins of ₹20, 4 coins of ₹2 and 2 coins of ₹1. How many rupees are in it?
26. 26.A study lamp costs ₹220. The shop gives 10% off. How many rupees is the discount?
27. 27.Price list: crayon box ₹40, banana ₹8, ice candy ₹12, eraser ₹2.
    Isha has ₹20 and buys a banana. How many rupees are left?
28. 28.8 colour pencil sets cost ₹600. What does one colour pencil set cost (in ₹)?
29. 29.Of a ₹10000 monthly budget, 5% goes on electricity and 50% on rent. The rest is saved. What percent is saved?
30. 30.A raincoat costs ₹320. Offer 1: 50% off. Offer 2: ₹90 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
31. 31.Pooja has ₹550 for return gifts. Each gift costs ₹30. What is the greatest number of gifts Pooja can buy?
32. 32.There are 31 children in a class. Each child needs one samosa at ₹13. What is the total cost (in ₹)?
33. 33.Diya has 3 notes of ₹50, 1 note of ₹10 and 5 coins of ₹1. How many rupees does Diya have?
34. 34.Arjun’s passbook:
    Opening balance: ₹3700
    Credit (money in): ₹500
    Debit (money out): ₹?
    Closing balance: ₹750
    How many rupees was the debit?
35. 35.Shop A sells a school bag for ₹490 with free delivery. Shop B sells it for ₹470 plus ₹30 delivery. How many rupees do you save by buying from the cheaper shop?
36. 36.₹100 + ₹20 + ₹? = ₹122
37. 37.Dev’s class stall spends ₹355 to make 15 friendship bands and sells all of them at ₹25 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
38. 38.Shop A sells a badminton racket for ₹425 with free delivery. Shop B sells it for ₹460 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
39. 39.Shop A sells a badminton racket for ₹525 with free delivery. Shop B sells it for ₹470 plus ₹40 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
40. 40.Which is the biggest amount: ₹74, ₹28 or ₹19? (a) 74 rupees (b) 28 rupees (c) 19 rupees

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