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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 864 · 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.Karan keeps ₹1700 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 5 years?
  2. 2.Aditya keeps ₹1500 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
  3. 3.How many paise are there in ₹15?
  4. 4.Kabir wants a cricket bat that costs ₹860. Kabir saves ₹20 every week. How many weeks will it take?
  5. 5.Isha gets ₹24 every day. How many rupees is that in one week (7 days)?
  6. 6.Which is the same money as one ₹20 note? (a) six 5-rupee coins (b) four 5-rupee coins (c) two 5-rupee coins
  7. 7.₹50 + ₹2 + ₹? = ₹53
  8. 8.A study lamp costs ₹480. The shop gives 20% off. How many rupees is the discount?
  9. 9.₹37 + ₹17 =
  10. 10.Meera has 8 coins of ₹2. Rohan has 7 notes of ₹50. Who has less money? (a) Rohan (b) Meera
  11. 11.What is the smallest number of coins and notes that make ₹144?
  12. 12.Shop A sells 4 samosas for ₹68. Shop B sells 2 samosas for ₹36. Which shop is cheaper for one samosa? (a) Shop A (b) Shop B
  13. 13.One sharpener costs ₹6. A pack of 3 sharpeners costs ₹14. How many rupees do you save by buying the pack instead of 3 single ones?
  14. 14.Count up to find the change from ₹100: ₹49 + ₹? = ₹100
  15. 15.Saanvi has 5 coins of ₹1. How many rupees does Saanvi have?
  16. 16.One tiny sticker costs 50 paise. How many rupees do 7 tiny stickers cost? =
  17. 17.Lakshmi has 8 notes of ₹100. Tara has 4 coins of ₹5. How many more rupees does Lakshmi have?
  18. 18.Vivaan wants a wristwatch that costs ₹830, has ₹230 already and saves ₹100 every week. In how many weeks will Vivaan have enough?
  19. 19.How many cricket balls can you buy with ₹420 if one costs ₹140?
  20. 20.A day trip costs ₹780 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
  21. 21.A study lamp costs ₹700. Offer 1: 50% off. Offer 2: ₹330 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
  22. 22.Price list: toffee ₹3, ice candy ₹12, sharpener ₹5, ruler ₹13.
    Arjun has ₹20 and buys a ruler. How many rupees are left?
  23. 23.6 pairs of socks cost ₹510. What does one pair of socks cost (in ₹)?
  24. 24.Of a ₹19000 monthly budget, 40% goes on school fees and 30% on rent. The rest is saved. How many rupees are saved?
  25. 25.A stall pays ₹20 for each friendship band and sells each one for ₹26. It sells 13 friendship bands. What is the total profit (in ₹)?
  26. 26.Lakshmi’s class stall spends ₹395 to make 25 cupcakes and sells all of them at ₹15 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
  27. 27.3 cricket balls cost ₹405. How much do 7 cricket balls cost (in ₹)?
  28. 28.Ishaan has 7 notes of ₹100. Meera has 6 coins of ₹2. Who has less money? (a) Ishaan (b) Meera
  29. 29.Which is worth more: a ₹20 note or a ₹200 note? (a) 200-rupee note (b) 20-rupee note
  30. 30.For Rahul, is “a new party dress” a need or a want? (a) Need (b) Want
  31. 31.Farhan has ₹17. An ice candy costs ₹12. Does Farhan have enough money to buy it? (a) No (b) Yes
  32. 32.Rahul has one ₹1 piece of money. Is it a coin or a note? (a) Coin (b) Note
  33. 33.Shop A sells 2 geometry boxes for ₹160. Shop B sells 6 geometry boxes for ₹750. What does one geometry box cost at the cheaper shop (in ₹)?
  34. 34.₹90 + ₹210 =
  35. 35.A cricket bat costs ₹360. The shop gives 50% off. What is the sale price (in ₹)?
  36. 36.A football costs ₹405 online. Delivery is ₹40 and a coupon takes ₹20 off. What is the final price (in ₹)?
  37. 37.Arjun’s passbook:
    Opening balance: ₹500
    Credit (money in): ₹450
    Debit (money out): ₹100
    What is the balance now (in ₹)?
  38. 38.Kabir’s passbook:
    Opening balance: ₹4200
    Debit: ₹200
    Debit: ₹300
    Credit: ₹500
    Debit: ₹350
    What is the total of all the credits (in ₹)?
  39. 39.A family plans ₹33000 for the month. 50% of it is for travel. How many rupees is that?
  40. 40.Count up to find the change from ₹50: ₹15 + ₹? = ₹50

Answer key

  1. 425
  2. 270
  3. 1500
  4. 43
  5. 168
  6. four 5-rupee coins
  7. 1
  8. 96
  9. 54
  10. Meera
  11. 5
  12. Shop A
  13. 4
  14. 51
  15. 5
  16. 3.5
  17. 780
  18. 6
  19. 3
  20. 260
  21. Offer 1
  22. 7
  23. 85
  24. 5700
  25. 78
  26. Loss
  27. 945
  28. Meera
  29. 200-rupee note
  30. Want
  31. Yes
  32. Coin
  33. 80
  34. 300
  35. 180
  36. 425
  37. 850
  38. 500
  39. 16500
  40. 35

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