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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 897 · 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.For Isha, is “school shoes” a need or a want? (a) Need (b) Want
  2. 2.How many paise are there in ₹2.50?
  3. 3.Kabir’s mother has ₹1600 in her bank account. She pays ₹130 for medicines and ₹120 for fruit by UPI. How many rupees are left in the account?
  4. 4.Meera’s passbook:
    Opening balance: ₹1300
    Credit (money in): ₹200
    Debit (money out): ₹?
    Closing balance: ₹150
    How many rupees was the debit?
  5. 5.What do 3 samosas at ₹15 each and 2 mangoes at ₹35 each cost in all (in ₹)?
  6. 6.A stranger asks Zoya to scan a QR code to “get” ₹25000. What is true? (a) QR codes are always safe (b) Scanning a QR pays money (c) It gives you money
  7. 7.A raincoat costs ₹640. The shop gives 25% off. What is the sale price (in ₹)?
  8. 8.Ananya’s piggy bank has 4 coins of ₹5, 2 coins of ₹2 and 5 coins of ₹1. How many rupees are in it?
  9. 9.Saanvi keeps ₹500 in a bank. After 2 years the simple interest is ₹90. What is the rate of interest per year (in %)?
  10. 10.A day trip costs ₹1440 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
  11. 11.Nisha has one ₹50 piece of money. Is it a coin or a note? (a) Note (b) Coin
  12. 12.Arjun gets ₹30 a week, spends ₹5 each week and saves the rest. How many rupees has Arjun saved after 5 weeks?
  13. 13.Gurpreet had ₹16. Gurpreet spent ₹7 on a sharpener. How many rupees are left?
  14. 14.Pooja buys 4 pens at ₹13 each and pays with a ₹100 note. How much change does Pooja get (in ₹)?
  15. 15.Lakshmi buys a crayon box for ₹50 and a sharpener for ₹8. How many rupees does Lakshmi spend in all?
  16. 16.Saanvi has 7 coins of ₹10. How many rupees does Saanvi have?
  17. 17.Kavya’s piggy bank has 4 coins of ₹5, 5 coins of ₹2 and 4 coins of ₹1. How many rupees are in it?
  18. 18.Aditya buys 3 rulers at ₹8 each and pays ₹50. How much change does Aditya get (in ₹)?
  19. 19.Dev has one ₹2 piece of money. Is it a coin or a note? (a) Coin (b) Note
  20. 20.Ananya got ₹140 in 4 weeks, the same amount every week. How many rupees is that each week?
  21. 21.Shop A sells a football for ₹325 with free delivery. Shop B sells it for ₹390 plus ₹50 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
  22. 22.Shop A sells a football for ₹410 with free delivery. Shop B sells it for ₹340 plus ₹30 delivery. How many rupees do you save by buying from the cheaper shop?
  23. 23.How many notes of ₹100 make ₹800?
  24. 24.Gurpreet has 1 note of ₹50, 2 notes of ₹10 and 5 coins of ₹5. How many rupees does Gurpreet have?
  25. 25.How many plates of idli can you buy with ₹440 if one costs ₹40?
  26. 26.₹66 + ₹29 =
  27. 27.₹5 + ₹2 + ₹? = ₹8
  28. 28.Lakshmi has ₹820 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Lakshmi can buy?
  29. 29.₹24 − ₹15 =
  30. 30.Vivaan has 8 coins of ₹1. Kavya has 8 notes of ₹100. How many more rupees does Kavya have?
  31. 31.Isha spends ₹50 on things to make 17 plates of bhel and sells them all at ₹5 each. How many rupees does Isha earn after paying the costs?
  32. 32.Meera’s mother has ₹3000 in her bank account. She pays ₹110 for medicines and ₹230 for milk by UPI. How many rupees are left in the account?
  33. 33.A pair of shoes costs ₹880. The shop gives 20% off. How many rupees is the discount?
  34. 34.Meera has 1 note of ₹200 and 4 notes of ₹50. How many rupees does Meera have?
  35. 35.Gurpreet has 2 coins of ₹2 and 2 coins of ₹1. How many rupees does Gurpreet have?
  36. 36.Kabir’s passbook:
    Opening balance: ₹2400
    Credit: ₹200
    Debit: ₹350
    Debit: ₹350
    Credit: ₹250
    What is the total of all the credits (in ₹)?
  37. 37.2 cricket balls cost ₹200. How much do 7 cricket balls cost (in ₹)?
  38. 38.Aditya keeps ₹1500 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 4 years?
  39. 39.Priya’s piggy bank has 4 coins of ₹20, 5 coins of ₹2 and 2 coins of ₹1. How many rupees are in it?
  40. 40.How many ₹2 coins make a ₹10 note?

Answer key

  1. Need
  2. 250
  3. 1350
  4. 1350
  5. 115
  6. Scanning a QR pays money
  7. 480
  8. 29
  9. 9
  10. 480
  11. Note
  12. 125
  13. 9
  14. 48
  15. 58
  16. 70
  17. 34
  18. 26
  19. Coin
  20. 35
  21. Shop A
  22. 40
  23. 8
  24. 95
  25. 11
  26. 95
  27. 1
  28. 16
  29. 9
  30. 792
  31. 35
  32. 2660
  33. 176
  34. 400
  35. 6
  36. 450
  37. 700
  38. 420
  39. 92
  40. 5

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