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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 835 · 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.Diya’s class stall spends ₹270 to make 25 paper bookmarks and sells all of them at ₹10 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
  2. 2.One rubber band costs ₹3.50. How many rupees do 5 rubber bands cost? =
  3. 3.For Diya, is “notebooks for school” a need or a want? (a) Need (b) Want
  4. 4.Kavya wants a cricket bat that costs ₹480, has ₹150 already and saves ₹80 every week. In how many weeks will Kavya have enough?
  5. 5.Vivaan has 3 notes of ₹200 and 1 note of ₹20. How many rupees does Vivaan have?
  6. 6.What is the smallest number of coins and notes that make ₹163?
  7. 7.Karan buys a mango for ₹25 and pays with a ₹100 note. How much change does Karan get (in ₹)?
  8. 8.Shop A sells 4 colour pencil sets for ₹300. Shop B sells 3 colour pencil sets for ₹240. Which shop is cheaper for one colour pencil set? (a) Shop A (b) Shop B
  9. 9.How many ₹5 coins make a ₹50 note?
  10. 10.Vivaan’s passbook:
    Opening balance: ₹3700
    Credit: ₹350
    Debit: ₹300
    Credit: ₹350
    Credit: ₹50
    What is the closing balance (in ₹)?
  11. 11.A dozen (12) pencils cost ₹72. What does one cost (in ₹)?
  12. 12.₹180 + ₹180 =
  13. 13.A juice box costs ₹30 and a banana costs ₹7. How many rupees more does the juice box cost?
  14. 14.Isha spends ₹75 of ₹300 pocket money on books. What percent is that?
  15. 15.A cricket ball costs ₹100 online. Delivery is ₹40 and a coupon takes ₹40 off. What is the final price (in ₹)?
  16. 16.How many coins of ₹20 does Riya need to make ₹200?
  17. 17.A 5 kg bag of potatoes costs ₹185. A 10 kg bag costs ₹310. Which bag is cheaper per kg? (a) 10 kg bag (b) 5 kg bag
  18. 18.₹2 + ₹10 + ₹? = ₹62
  19. 19.Rahul has ₹20. A juice box costs ₹25. Does Rahul have enough money to buy it? (a) Yes (b) No
  20. 20.Rohan buys a banana for ₹7 and an ice candy for ₹11, and pays ₹50. How much change does Rohan get (in ₹)?
  21. 21.A dozen (12) oranges cost ₹96. What does one cost (in ₹)?
  22. 22.Riya has 9 notes of ₹50. Lakshmi has 6 notes of ₹10. Who has less money? (a) Riya (b) Lakshmi
  23. 23.Count up to find the change from ₹100: ₹50 + ₹? = ₹100
  24. 24.A 5 kg bag of wheat flour costs ₹160. A 10 kg bag costs ₹430. How many rupees per kg do you save with the cheaper bag?
  25. 25.Joseph sells 48 greeting cards at ₹15 each. How many rupees does Joseph get?
  26. 26.Price list: toffee ₹2, ice candy ₹9, notebook ₹45, pencil ₹4.
    Which item costs the most?
    (a) notebook (b) pencil (c) toffee (d) ice candy
  27. 27.Tara has 7 coins of ₹2. How many rupees does Tara have?
  28. 28.Which coins and notes make exactly ₹72? (a) 50 + 50 + 20 (b) 20 + 20 + 2 (c) 50 + 20 + 2
  29. 29.Vivaan keeps ₹600 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
  30. 30.Farhan has ₹650 for return gifts. Each gift costs ₹30. What is the greatest number of gifts Farhan can buy?
  31. 31.A football costs ₹480. The shop gives 25% off. How many rupees is the discount?
  32. 32.Sneha has 4 notes of ₹50. Rohan has 3 coins of ₹1. How many more rupees does Sneha have?
  33. 33.Sneha buys a colour pencil set (₹80), a notebook (₹45), a pair of socks (₹65) and a football (₹335). What is the total (in ₹)?
  34. 34.Price list: kite ₹16, crayon box ₹35, samosa ₹15, juice box ₹20.
    How many rupees more does a crayon box cost than a kite?
  35. 35.Of a ₹44000 monthly budget, 5% goes on food and 40% on travel. The rest is saved. How many rupees are saved?
  36. 36.₹24 + ₹49 =
  37. 37.Rohan spends ₹110 to start a stall and sells each paper bookmark for ₹25. What is the smallest number Rohan must sell to get back the ₹110?
  38. 38.Price list: ice candy ₹14, toffee ₹1, samosa ₹12, glue stick ₹25.
    How many rupees more does a samosa cost than a toffee?
  39. 39.₹590 − ₹80 =
  40. 40.Kabir has 5 notes of ₹10. How many rupees does Kabir have?

Answer key

  1. Loss
  2. 17.5
  3. Need
  4. 5
  5. 620
  6. 5
  7. 75
  8. Shop A
  9. 10
  10. 4150
  11. 6
  12. 360
  13. 23
  14. 25
  15. 100
  16. 10
  17. 10 kg bag
  18. 50
  19. No
  20. 32
  21. 8
  22. Lakshmi
  23. 50
  24. 11
  25. 720
  26. notebook
  27. 14
  28. 50 + 20 + 2
  29. 720
  30. 21
  31. 120
  32. 197
  33. 525
  34. 19
  35. 24200
  36. 73
  37. 5
  38. 11
  39. 510
  40. 50

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