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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 850 · 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.Riya deposits ₹500 of birthday money. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
  2. 2.Gurpreet has 3 coins of ₹20. How many rupees does Gurpreet have?
  3. 3.A pen costs ₹14.50. Ananya pays ₹50. How much change does Ananya get, in rupees? =
  4. 4.Lakshmi has ₹400 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Lakshmi can buy?
  5. 5.Joseph’s class stall spends ₹200 to make 17 cups of lemonade and sells all of them at ₹20 each. What is the profit (in ₹)?
  6. 6.Rohan has ₹4. A sharpener costs ₹5. Does Rohan have enough money to buy it? (a) No (b) Yes
  7. 7.A jacket costs ₹600. The shop gives 20% off. What is the sale price (in ₹)?
  8. 8.A 2 kg bag of sugar costs ₹80. A 1 kg bag costs ₹50. How many rupees per kg do you save with the cheaper bag?
  9. 9.How many ₹50 notes make a ₹200 note?
  10. 10.₹26.50 − ₹17.50 =
  11. 11.A notebook costs ₹45. Ishaan pays ₹50. How much change does Ishaan get (in ₹)?
  12. 12.Pooja wants a board game that costs ₹540. Pooja saves ₹90 every week. How many weeks will it take?
  13. 13.Saanvi’s mother has ₹1400 in her bank account. She pays ₹210 for milk and ₹50 for a gas cylinder by UPI. How many rupees are left in the account?
  14. 14.₹27 − ₹5.50 =
  15. 15.Meera keeps ₹500 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
  16. 16.How many notes of ₹100 make ₹400?
  17. 17.A family plans ₹13000 for the month. 5% of it is for school fees. How many rupees is that?
  18. 18.Which is the biggest amount: ₹36, ₹69 or ₹12? (a) 36 rupees (b) 12 rupees (c) 69 rupees
  19. 19.Ishaan is making a shopping list. Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) a warm blanket (d) sweets every day
  20. 20.Diya gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Diya do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
  21. 21.How many ₹5 coins make a ₹20 note?
  22. 22.Joseph has 7 notes of ₹50. Meera has 4 coins of ₹2. Who has more money? (a) Meera (b) Joseph
  23. 23.After 20% off, a toy train costs ₹240. What was the price before the sale (in ₹)?
  24. 24.Diya’s class stall spends ₹415 to make 15 paper bookmarks and sells all of them at ₹25 each. What is the loss (in ₹)?
  25. 25.Ishaan keeps ₹300 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
  26. 26.Zoya buys a pen for ₹19 and pays with a ₹100 note. How much change does Zoya get (in ₹)?
  27. 27.Rohan keeps ₹500 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
  28. 28.5 pens cost ₹55. What does one pen cost (in ₹)?
  29. 29.₹12 + ₹18 + ₹30 =
  30. 30.Isha has 8 notes of ₹10. How many rupees does Isha have?
  31. 31.For Isha, is “a toy robot” a need or a want? (a) Want (b) Need
  32. 32.Of a ₹5000 monthly budget, 50% goes on rent and 10% on school fees. The rest is saved. What percent is saved?
  33. 33.A 10 kg bag of rice costs ₹750. A 5 kg bag costs ₹320. Which bag is cheaper per kg? (a) 5 kg bag (b) 10 kg bag
  34. 34.Rohan’s passbook:
    Opening balance: ₹3500
    Credit: ₹200
    Credit: ₹100
    Debit: ₹150
    Debit: ₹100
    What is the closing balance (in ₹)?
  35. 35.Lakshmi buys a notebook for ₹35 and pays with a ₹100 note. How much change does Lakshmi get (in ₹)?
  36. 36.Aditya buys 3 pairs of socks at ₹85 each and pays with a ₹500 note. How much change does Aditya get (in ₹)?
  37. 37.1300 paise is how many rupees? =
  38. 38.₹8 + ₹15.50 =
  39. 39.Zoya buys a football (₹435), a notebook (₹35), a water bottle (₹150) and a samosa (₹13). What is the total (in ₹)?
  40. 40.Kabir has 4 notes of ₹100, 3 notes of ₹10 and 5 coins of ₹1. How many rupees does Kabir have?

Answer key

  1. Credit
  2. 60
  3. 35.5
  4. 8
  5. 140
  6. No
  7. 480
  8. 10
  9. 4
  10. 9
  11. 5
  12. 6
  13. 1140
  14. 21.5
  15. 520
  16. 4
  17. 650
  18. 69 rupees
  19. a warm blanket
  20. Never share the OTP
  21. 4
  22. Joseph
  23. 300
  24. 40
  25. 348
  26. 81
  27. 575
  28. 11
  29. 60
  30. 80
  31. Want
  32. 40
  33. 5 kg bag
  34. 3550
  35. 65
  36. 245
  37. 13
  38. 23.5
  39. 633
  40. 435

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