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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 890 · 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.A school bag costs ₹140. The shop gives 25% off. What is the sale price (in ₹)?
  2. 2.1150 paise is how many rupees? =
  3. 3.Saanvi has 2 coins of ₹2. Kavya has 7 notes of ₹50. Who has less money? (a) Kavya (b) Saanvi
  4. 4.One crayon box costs ₹40. A pack of 3 crayon boxes costs ₹117. How many rupees do you save by buying the pack instead of 3 single ones?
  5. 5.Which is worth the least: a ₹50 note, a ₹20 note or a ₹10 note? (a) 10-rupee note (b) 50-rupee note (c) 20-rupee note
  6. 6.Price list: samosa ₹15, pencil ₹8, crayon box ₹35, biscuit packet ₹14.
    Pooja has ₹50 and buys a crayon box. How many rupees are left?
  7. 7.Gurpreet has ₹350. First Gurpreet pays for needs: a school uniform (₹100) and a raincoat (₹70). How many rupees are left for wants?
  8. 8.Price list: toffee ₹2, juice box ₹30, balloon ₹9, kite ₹14.
    Which item costs the least?
    (a) balloon (b) kite (c) toffee (d) juice box
  9. 9.How many paise are there in ₹6?
  10. 10.How many storybooks can you buy with ₹950 if one costs ₹190?
  11. 11.Arjun’s passbook:
    Opening balance: ₹1300
    Credit (money in): ₹950
    Debit (money out): ₹?
    Closing balance: ₹50
    How many rupees was the debit?
  12. 12.Saanvi buys a lunch box for ₹230 and a T-shirt for ₹210, and pays with a ₹500 note. How much change does Saanvi get (in ₹)?
  13. 13.A water gun costs ₹49. Zoya has ₹10 and ₹5. How many more rupees does Zoya need?
  14. 14.Aarav spends ₹160 on things to make 28 clay diyas and sells them all at ₹10 each. How many rupees does Aarav earn after paying the costs?
  15. 15.A stall pays ₹15 for each friendship band and sells each one for ₹21. It sells 37 friendship bands. What is the total profit (in ₹)?
  16. 16.Nisha has 3 coins of ₹5 and 3 coins of ₹2. How many rupees does Nisha have?
  17. 17.Rohan had ₹77. Rohan spent ₹15 on a ruler. How many rupees are left?
  18. 18.2 lunch boxes cost ₹550. How much do 10 lunch boxes cost (in ₹)?
  19. 19.A toy train costs ₹780. The shop gives 50% off. What is the sale price (in ₹)?
  20. 20.Of a ₹5000 monthly budget, 40% goes on food and 5% on rent. The rest is saved. What percent is saved?
  21. 21.Aarav’s passbook:
    Opening balance: ₹4700
    Credit (money in): ₹750
    Debit (money out): ₹3150
    What is the balance now (in ₹)?
  22. 22.A packet of chips costs ₹21.50. Riya pays ₹50. How much change does Riya get, in rupees? =
  23. 23.Vivaan gets a link: “Click now to win a phone worth ₹10000!” What should Vivaan do? (a) Click it to win (b) Send it to friends (c) Ignore it, tell a parent
  24. 24.6 water bottles cost ₹1470. What does one water bottle cost (in ₹)?
  25. 25.Lakshmi gets ₹40 pocket money every week. How many rupees is that in 3 weeks?
  26. 26.Diya gets ₹55 pocket money every week. How many rupees is that in 3 weeks?
  27. 27.Gurpreet has ₹26. A notebook costs ₹30. Does Gurpreet have enough money to buy it? (a) Yes (b) No
  28. 28.A water gun costs ₹53. Riya has ₹5 and ₹10. How many more rupees does Riya need?
  29. 29.Priya spends ₹260 to start a stall and sells each cupcake for ₹5. What is the smallest number Priya must sell to get back the ₹260?
  30. 30.3 friends run a stall selling clay diyas and make a profit of ₹630. They share it equally. How many rupees does each friend get?
  31. 31.A stall pays ₹5 for each plate of bhel and sells each one for ₹15. It sells 15 plates of bhel. What is the total profit (in ₹)?
  32. 32.Lakshmi keeps ₹300 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  33. 33.How many ₹5 coins make a ₹10 note?
  34. 34.Someone online asks Arjun for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A friend at school (b) No one (c) A caller from the bank
  35. 35.Of a ₹31000 monthly budget, 50% goes on rent and 30% on school fees. The rest is saved. What percent is saved?
  36. 36.A dozen (12) pencils cost ₹84. What does one cost (in ₹)?
  37. 37.Which is the smallest amount: ₹48, ₹92 or ₹62? (a) 62 rupees (b) 48 rupees (c) 92 rupees
  38. 38.₹100 + ₹5 + ₹? = ₹155
  39. 39.₹500 earns 10% simple interest per year. In how many years will the interest be ₹200?
  40. 40.There are 16 children in a class. Each child needs one plate of idli at ₹60. What is the total cost (in ₹)?

Answer key

  1. 105
  2. 11.5
  3. Saanvi
  4. 3
  5. 10-rupee note
  6. 15
  7. 180
  8. toffee
  9. 600
  10. 5
  11. 2200
  12. 60
  13. 34
  14. 120
  15. 222
  16. 21
  17. 62
  18. 2750
  19. 390
  20. 55
  21. 2300
  22. 28.5
  23. Ignore it, tell a parent
  24. 245
  25. 120
  26. 165
  27. No
  28. 38
  29. 52
  30. 210
  31. 150
  32. 309
  33. 2
  34. No one
  35. 20
  36. 7
  37. 48 rupees
  38. 50
  39. 4
  40. 960

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