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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 817 · 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.Ishaan keeps ₹400 in a bank at 8% simple interest per year. How much money will there be after 1 year (in ₹)?
  2. 2.Nisha spends ₹250 of ₹500 pocket money on books. What percent is that?
  3. 3.Price list: sticker sheet ₹9, sharpener ₹7, glue stick ₹15, kite ₹21.
    Which item costs the most?
    (a) sharpener (b) sticker sheet (c) glue stick (d) kite
  4. 4.Diya keeps ₹900 in a bank. After 2 years the simple interest is ₹72. What is the rate of interest per year (in %)?
  5. 5.Kavya’s passbook:
    Opening balance: ₹4600
    Credit (money in): ₹250
    Debit (money out): ₹?
    Closing balance: ₹4750
    How many rupees was the debit?
  6. 6.Tara buys a banana for ₹4 and a kite for ₹12. How many rupees does Tara spend in all?
  7. 7.Kabir’s passbook:
    Opening balance: ₹2600
    Debit: ₹300
    Debit: ₹150
    Debit: ₹50
    Credit: ₹450
    What is the total of all the credits (in ₹)?
  8. 8.A glue stick costs ₹16. Pooja pays ₹20. How much change does Pooja get (in ₹)?
  9. 9.Dev’s class stall spends ₹90 to make 36 greeting cards and sells all of them at ₹5 each. What is the profit (in ₹)?
  10. 10.Meera has ₹260 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Meera can buy?
  11. 11.A family plans ₹17000 for the month. 30% of it is for rent. How many rupees is that?
  12. 12.One juice box costs ₹25. A pack of 3 juice boxes costs ₹73. How many rupees do you save by buying the pack instead of 3 single ones?
  13. 13.Rahul spends ₹180 to start a stall and sells each greeting card for ₹30. What is the smallest number Rahul must sell to get back the ₹180?
  14. 14.Sneha saves ₹40 every week for 4 weeks, then buys a wristwatch for ₹60. How many rupees are left?
  15. 15.Meera has ₹36. A crayon box costs ₹40. Does Meera have enough money to buy it? (a) Yes (b) No
  16. 16.2 friends run a stall selling plates of bhel and make a profit of ₹660. They share it equally. How many rupees does each friend get?
  17. 17.Farhan withdraws ₹1150 at the bank counter. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
  18. 18.One school bag costs ₹510. How much do 9 school bags cost (in ₹)?
  19. 19.Manav has ₹31 in a piggy bank. Dada gives Manav ₹34 more. How many rupees does Manav have now?
  20. 20.Manav keeps ₹1400 in a bank at 4% simple interest per year. How much money will there be after 5 years (in ₹)?
  21. 21.Aarav buys a badminton racket (₹555), a mango (₹25), a plate of idli (₹30) and a school bag (₹665). What is the total (in ₹)?
  22. 22.Saanvi buys a pen for ₹24 and a notebook for ₹40, and pays with a ₹500 note. How much change does Saanvi get (in ₹)?
  23. 23.How many ₹10 notes make a ₹20 coin?
  24. 24.What do 5 mangoes at ₹35 each and 2 cricket balls at ₹105 each cost in all (in ₹)?
  25. 25.Which is worth more: a ₹10 note or a ₹20 coin? (a) 20-rupee coin (b) 10-rupee note
  26. 26.How many notes of ₹100 make ₹300?
  27. 27.Priya has 4 notes of ₹100. Ishaan has 3 coins of ₹5. Who has less money? (a) Priya (b) Ishaan
  28. 28.Kavya has ₹19 in a piggy bank. Nana gives Kavya ₹7 more. How many rupees does Kavya have now?
  29. 29.Manav has ₹700. In a piggy bank it stays ₹700. In a bank at 4% simple interest per year, how many rupees more will Manav have after 3 years?
  30. 30.Gurpreet’s mother scans a shop’s QR code to pay ₹500. What should she check before she pays? (a) Nothing, just pay (b) The name of the shop (c) The colour of the code
  31. 31.A family plans ₹32000 for the month. 50% of it is for rent. How many rupees is that?
  32. 32.A 2 kg bag of onions costs ₹96. A 10 kg bag costs ₹310. Which bag is cheaper per kg? (a) 2 kg bag (b) 10 kg bag
  33. 33.Dev has 1 note of ₹100, 3 notes of ₹10 and 2 coins of ₹5. How many rupees does Dev have?
  34. 34.What do 4 cricket balls at ₹145 each and 5 pairs of socks at ₹90 each cost in all (in ₹)?
  35. 35.Joseph has ₹500 for a picnic. Food costs ₹60 and tickets cost ₹480. Is ₹500 enough? (a) No (b) Yes
  36. 36.Karan has 4 notes of ₹200 and 1 note of ₹20. How many rupees does Karan have?
  37. 37.One geometry box costs ₹100. How much do 2 geometry boxes cost (in ₹)?
  38. 38.Meera gets ₹800 from a relative by bank transfer. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
  39. 39.Priya’s passbook:
    Opening balance: ₹3700
    Credit (money in): ₹1000
    Debit (money out): ₹2150
    What is the balance now (in ₹)?
  40. 40.A biscuit packet costs ₹19. Arjun pays ₹50. How much change does Arjun get (in ₹)?

Answer key

  1. 432
  2. 50
  3. kite
  4. 4
  5. 100
  6. 16
  7. 450
  8. 4
  9. 90
  10. 17
  11. 5100
  12. 2
  13. 6
  14. 100
  15. No
  16. 330
  17. Debit
  18. 4590
  19. 65
  20. 1680
  21. 1275
  22. 436
  23. 2
  24. 385
  25. 20-rupee coin
  26. 3
  27. Ishaan
  28. 26
  29. 84
  30. The name of the shop
  31. 16000
  32. 10 kg bag
  33. 140
  34. 1030
  35. No
  36. 820
  37. 200
  38. Credit
  39. 2550
  40. 31

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