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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 895 · 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 dozen (12) bananas cost ₹84. What does one cost (in ₹)?
  2. 2.Rohan’s class stall spends ₹165 to make 11 greeting cards and sells all of them at ₹15 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
  3. 3.A toy train costs ₹160. Offer 1: 25% off. Offer 2: ₹30 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
  4. 4.Of a ₹11000 monthly budget, 50% goes on clothes and 30% on rent. The rest is saved. How many rupees are saved?
  5. 5.Rohan has 4 notes of ₹20. How many rupees does Rohan have?
  6. 6.Count up to find the change from ₹50: ₹9 + ₹? = ₹50
  7. 7.Zoya’s mother scans a shop’s QR code to pay ₹50000. What should she check before she pays? (a) The colour of the code (b) Nothing, just pay (c) The name of the shop
  8. 8.What is the smallest number of coins and notes that make ₹149?
  9. 9.Tara had ₹77. Tara spent ₹8 on a sharpener. How many rupees are left?
  10. 10.Tara’s piggy bank has 4 coins of ₹20, 3 coins of ₹5 and 2 coins of ₹1. How many rupees are in it?
  11. 11.5 friends run a stall selling clay diyas and make a profit of ₹1000. They share it equally. How many rupees does each friend get?
  12. 12.A family plans ₹45000 for the month. 10% of it is for clothes. How many rupees is that?
  13. 13.Price list: eraser ₹2, samosa ₹10, notebook ₹40, kite ₹18.
    How much do 2 erasers cost (in ₹)?
  14. 14.Arjun buys a sticker sheet for ₹6 and an eraser for ₹4. How many rupees does Arjun spend in all?
  15. 15.Of a ₹36000 monthly budget, 10% goes on travel and 30% on rent. The rest is saved. What percent is saved?
  16. 16.Count up to find the change from ₹50: ₹7 + ₹? = ₹50
  17. 17.₹10 + ₹? + ₹20 = ₹31
  18. 18.A jacket costs ₹440. The shop gives 20% off. How many rupees is the discount?
  19. 19.A raincoat costs ₹420. The shop gives 10% off. What is the sale price (in ₹)?
  20. 20.Arjun makes 6 paper bookmarks an hour and sells each one for ₹30. How many rupees can Arjun earn from 1 hour of work?
  21. 21.Lakshmi gets ₹40 a week, spends ₹5 each week and saves the rest. How many rupees has Lakshmi saved after 2 weeks?
  22. 22.Dev spends ₹20 of ₹200 pocket money on books. What percent is that?
  23. 23.Riya buys a samosa (₹19), a school bag (₹590), a pair of socks (₹85) and a cricket ball (₹140). What is the total (in ₹)?
  24. 24.After 10% off, a school bag costs ₹306. What was the price before the sale (in ₹)?
  25. 25.₹300 earns 9% simple interest per year. In how many years will the interest be ₹81?
  26. 26.Kabir gets ₹60 a week, spends ₹25 each week and saves the rest. How many rupees has Kabir saved after 2 weeks?
  27. 27.4 pairs of socks cost ₹240. What does one pair of socks cost (in ₹)?
  28. 28.Ananya buys a T-shirt (₹360), a lunch box (₹175), a football (₹350) and a plate of idli (₹55). What is the total (in ₹)?
  29. 29.29 children go on a school trip to the planetarium. The bus costs ₹90 for each child and the ticket costs ₹40 for each child. What is the total cost (in ₹)?
  30. 30.Farhan has ₹200. In a piggy bank it stays ₹200. In a bank at 6% simple interest per year, how many rupees more will Farhan have after 2 years?
  31. 31.Riya spends ₹60 to start a stall and sells each plate of bhel for ₹10. What is the smallest number Riya must sell to get back the ₹60?
  32. 32.Zoya buys 2 pairs of socks at ₹85 each and pays with a ₹200 note. How much change does Zoya get (in ₹)?
  33. 33.Zoya has 4 coins of ₹20 and 6 coins of ₹5. How many rupees does Zoya have?
  34. 34.Dev saves ₹100 every week for 8 weeks, then buys a storybook set for ₹330. How many rupees are left?
  35. 35.How many notes of ₹20 make ₹180?
  36. 36.For Saanvi, is “drinking water” a need or a want? (a) Want (b) Need
  37. 37.Someone online asks Karan 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
  38. 38.Joseph gets ₹150 pocket money every month. How many rupees is that in one year (12 months)?
  39. 39.There are 29 children in a class. Each child needs one notebook at ₹30. What is the total cost (in ₹)?
  40. 40.Shop A sells 3 cricket balls for ₹435. Shop B sells 6 cricket balls for ₹720. What does one cricket ball cost at the cheaper shop (in ₹)?

Answer key

  1. 7
  2. No profit, no loss
  3. Offer 1
  4. 2200
  5. 80
  6. 41
  7. The name of the shop
  8. 6
  9. 69
  10. 97
  11. 200
  12. 4500
  13. 4
  14. 10
  15. 60
  16. 43
  17. 1
  18. 88
  19. 378
  20. 180
  21. 70
  22. 10
  23. 834
  24. 340
  25. 3
  26. 70
  27. 60
  28. 940
  29. 3770
  30. 24
  31. 6
  32. 30
  33. 110
  34. 470
  35. 9
  36. Need
  37. No one
  38. 1800
  39. 870
  40. 120

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