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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 854 · 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.Diya’s passbook:
    Opening balance: ₹1900
    Credit (money in): ₹600
    Debit (money out): ₹450
    What is the balance now (in ₹)?
  2. 2.A day trip costs ₹1470 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
  3. 3.Count up to find the change from ₹200: ₹72 + ₹? = ₹200
  4. 4.Pooja has 3 coins of ₹1 and 2 coins of ₹2. How many rupees does Pooja have?
  5. 5.One football costs ₹385. How much do 6 footballs cost (in ₹)?
  6. 6.Farhan has 4 notes of ₹20. Rohan has 3 coins of ₹5. Who has less money? (a) Farhan (b) Rohan
  7. 7.Which coins and notes make exactly ₹32? (a) 20 + 2 + 1 (b) 20 + 10 + 2 (c) 100 + 20 + 10
  8. 8.600 paise is how many rupees? =
  9. 9.Priya is making a shopping list. Which of these is a want? (a) notebooks for school (b) a bigger TV (c) a school uniform (d) a schoolbag
  10. 10.What do 2 lunch boxes at ₹205 each and 5 cricket balls at ₹125 each cost in all (in ₹)?
  11. 11.Kavya wants an art kit that costs ₹205, has ₹10 already and saves ₹30 every week. In how many weeks will Kavya have enough?
  12. 12.Priya buys 2 glue sticks at ₹16 each and pays ₹50. How much change does Priya get (in ₹)?
  13. 13.Which is the same money as one ₹500 note? (a) five 100-rupee notes (b) six 100-rupee notes (c) three 100-rupee notes
  14. 14.Shop A sells a lunch box for ₹275 with free delivery. Shop B sells it for ₹175 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
  15. 15.One school bag costs ₹580. How much do 3 school bags cost (in ₹)?
  16. 16.Vivaan has 2 notes of ₹10. How many rupees does Vivaan have?
  17. 17.₹100 + ₹5 + ₹? = ₹115
  18. 18.A sticker sheet costs ₹6. Tara pays ₹50. How much change does Tara get (in ₹)?
  19. 19.₹? + ₹2 + ₹5 = ₹17
  20. 20.What is the smallest number of coins and notes that make ₹62?
  21. 21.Nisha keeps ₹1900 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
  22. 22.There are 15 children in a class. Each child needs one pen at ₹12. What is the total cost (in ₹)?
  23. 23.₹51 − ₹19 =
  24. 24.Ishaan is making a shopping list. Which of these is a need? (a) a third cricket bat (b) a new party dress (c) a remote-control car (d) milk
  25. 25.Count up to find the change from ₹20: ₹2 + ₹? = ₹20
  26. 26.Sneha has ₹300 for a picnic. Food costs ₹150 and tickets cost ₹160. Is ₹300 enough? (a) Yes (b) No
  27. 27.8 cricket balls cost ₹1160. How much do 4 cricket balls cost (in ₹)?
  28. 28.₹1200 earns 6% simple interest per year. In how many years will the interest be ₹72?
  29. 29.Which is worth more: a ₹10 note or a ₹200 note? (a) 10-rupee note (b) 200-rupee note
  30. 30.Saanvi’s class stall spends ₹930 to make 36 friendship bands and sells all of them at ₹25 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
  31. 31.Zoya wants a storybook set that costs ₹480. Zoya saves ₹60 every week. How many weeks will it take?
  32. 32.Isha has 3 notes of ₹20. How many rupees does Isha have?
  33. 33.7 T-shirts cost ₹2450. What does one T-shirt cost (in ₹)?
  34. 34.Ananya spends ₹80 to start a stall and sells each plate of bhel for ₹5. What is the smallest number Ananya must sell to get back the ₹80?
  35. 35.A toy train costs ₹180. Offer 1: 20% off. Offer 2: ₹90 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
  36. 36.Karan wants a board game that costs ₹450, has ₹20 already and saves ₹80 every week. In how many weeks will Karan have enough?
  37. 37.Kabir gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Kabir do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
  38. 38.Aarav gets ₹400 pocket money every month. How many rupees is that in one year (12 months)?
  39. 39.Joseph keeps ₹400 in a bank. After 5 years the simple interest is ₹160. What is the rate of interest per year (in %)?
  40. 40.Rohan buys a T-shirt for ₹225 and a geometry box for ₹145, and pays with a ₹500 note. How much change does Rohan get (in ₹)?

Answer key

  1. 2050
  2. 490
  3. 128
  4. 7
  5. 2310
  6. Rohan
  7. 20 + 10 + 2
  8. 6
  9. a bigger TV
  10. 1035
  11. 7
  12. 18
  13. five 100-rupee notes
  14. Shop B
  15. 1740
  16. 20
  17. 10
  18. 44
  19. 10
  20. 3
  21. 760
  22. 180
  23. 32
  24. milk
  25. 18
  26. No
  27. 580
  28. 1
  29. 200-rupee note
  30. Loss
  31. 8
  32. 60
  33. 350
  34. 16
  35. Offer 2
  36. 6
  37. Never share the OTP
  38. 4800
  39. 8
  40. 130

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