← Final money test lesson New set →

Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 872 · 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.Dev’s class stall spends ₹210 to make 10 clay diyas and sells all of them at ₹25 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
  2. 2.₹43 − ₹23 =
  3. 3.Meera buys a storybook for ₹90 and a pair of socks for ₹60, and pays with a ₹500 note. How much change does Meera get (in ₹)?
  4. 4.Ananya’s passbook:
    Opening balance: ₹3100
    Credit: ₹100
    Credit: ₹500
    Credit: ₹250
    Debit: ₹200
    What is the total of all the credits (in ₹)?
  5. 5.Farhan has ₹200 for return gifts. Each gift costs ₹40. What is the greatest number of gifts Farhan can buy?
  6. 6.One ruler costs ₹8. A pack of 3 rulers costs ₹23. How many rupees do you save by buying the pack instead of 3 single ones?
  7. 7.1550 paise is how many rupees? =
  8. 8.A 1 kg bag of rice costs ₹65. A 10 kg bag costs ₹670. Which bag is cheaper per kg? (a) 1 kg bag (b) 10 kg bag
  9. 9.Nisha spends ₹70 to start a stall and sells each paper bookmark for ₹25. What is the smallest number Nisha must sell to get back the ₹70?
  10. 10.Riya is making a shopping list. Which of these is a need? (a) designer sunglasses (b) a remote-control car (c) a bigger TV (d) toothpaste
  11. 11.Riya keeps ₹900 in a bank. After 5 years the simple interest is ₹90. What is the rate of interest per year (in %)?
  12. 12.What is the smallest number of coins and notes that make ₹165?
  13. 13.How many notes of ₹100 make ₹1000?
  14. 14.What do 4 T-shirts at ₹210 each and 4 plates of idli at ₹40 each cost in all (in ₹)?
  15. 15.₹? + ₹10 + ₹5 = ₹115
  16. 16.Vivaan has one ₹200 piece of money. Is it a coin or a note? (a) Coin (b) Note
  17. 17.A 5 kg bag of wheat flour costs ₹205. A 1 kg bag costs ₹32. Which bag is cheaper per kg? (a) 1 kg bag (b) 5 kg bag
  18. 18.What do 3 cricket balls at ₹110 each and 3 geometry boxes at ₹140 each cost in all (in ₹)?
  19. 19.Price list: crayon box ₹35, ruler ₹13, sticker sheet ₹7, notebook ₹40.
    Gurpreet has ₹20 and buys a ruler. How many rupees are left?
  20. 20.Kabir has 5 notes of ₹10. Tara has 4 notes of ₹100. How many more rupees does Tara have?
  21. 21.A 1 kg bag of rice costs ₹59. A 2 kg bag costs ₹122. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
  22. 22.Manav’s mother has ₹2200 in her bank account. She pays ₹140 for a gas cylinder and ₹280 for vegetables by UPI. How many rupees are left in the account?
  23. 23.Aditya has a budget of ₹500 for a birthday party. The return gifts cost ₹60, the decorations cost ₹40 and the cake cost ₹70. How many rupees are left?
  24. 24.Nisha gets a link: “Click now to win a phone worth ₹10000!” What should Nisha do? (a) Click it to win (b) Ignore it, tell a parent (c) Send it to friends
  25. 25.Joseph gets ₹18 every day. How many rupees is that in one week (7 days)?
  26. 26.Gurpreet’s class stall spends ₹440 to make 26 greeting cards and sells all of them at ₹15 each. What is the loss (in ₹)?
  27. 27.₹560 − ₹70 =
  28. 28.Vivaan got ₹120 in 3 weeks, the same amount every week. How many rupees is that each week?
  29. 29.2 geometry boxes cost ₹290. What does one geometry box cost (in ₹)?
  30. 30.Price list: sticker sheet ₹9, biscuit packet ₹10, juice box ₹25, toffee ₹1.
    How many rupees more does a juice box cost than a biscuit packet?
  31. 31.Aditya keeps ₹1900 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 5 years?
  32. 32.Which is the same money as one ₹20 note? (a) three 5-rupee coins (b) two 5-rupee coins (c) four 5-rupee coins
  33. 33.Aarav sells 15 clay diyas at ₹10 each. How many rupees does Aarav get?
  34. 34.Aarav has 5 notes of ₹200. How many rupees does Aarav have?
  35. 35.A cricket bat costs ₹980. The shop gives 10% off. What is the sale price (in ₹)?
  36. 36.A 1 kg bag of wheat flour costs ₹50. A 5 kg bag costs ₹180. Which bag is cheaper per kg? (a) 1 kg bag (b) 5 kg bag
  37. 37.Of a ₹35000 monthly budget, 10% goes on travel and 5% on rent. The rest is saved. What percent is saved?
  38. 38.A toffee costs ₹2. Diya pays ₹10. How much change does Diya get (in ₹)?
  39. 39.A dozen (12) oranges cost ₹72. What does one cost (in ₹)?
  40. 40.Kavya has 8 notes of ₹20. How many rupees does Kavya have?

Answer key

  1. Profit
  2. 20
  3. 350
  4. 850
  5. 5
  6. 1
  7. 15.5
  8. 1 kg bag
  9. 3
  10. toothpaste
  11. 2
  12. 4
  13. 10
  14. 1000
  15. 100
  16. Note
  17. 1 kg bag
  18. 750
  19. 7
  20. 350
  21. 1 kg bag
  22. 1780
  23. 330
  24. Ignore it, tell a parent
  25. 126
  26. 50
  27. 490
  28. 40
  29. 145
  30. 15
  31. 475
  32. four 5-rupee coins
  33. 150
  34. 1000
  35. 882
  36. 5 kg bag
  37. 85
  38. 8
  39. 6
  40. 160

Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids