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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 898 · 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.

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  1. 1.A football costs ₹640. Offer 1: 25% off. Offer 2: ₹270 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
  2. 2.Rahul’s piggy bank has 5 coins of ₹20, 1 coin of ₹10 and 1 coin of ₹1. How many rupees are in it?
  3. 3.A toy train costs ₹400. Offer 1: 50% off. Offer 2: ₹80 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
  4. 4.Which is worth the most: a ₹10 note, a ₹1 coin or a ₹5 coin? (a) 5-rupee coin (b) 10-rupee note (c) 1-rupee coin
  5. 5.Ananya’s passbook:
    Opening balance: ₹3300
    Credit (money in): ₹400
    Debit (money out): ₹?
    Closing balance: ₹800
    How many rupees was the debit?
  6. 6.Karan saves ₹20 every week for 5 weeks, then buys a board game for ₹60. How many rupees are left?
  7. 7.Sneha’s class stall spends ₹1110 to make 36 paper bookmarks and sells all of them at ₹30 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
  8. 8.Joseph gets ₹30 a week, spends ₹25 each week and saves the rest. How many rupees has Joseph saved after 3 weeks?
  9. 9.Vivaan gets ₹150 pocket money every month. How many rupees is that in one year (12 months)?
  10. 10.32 children go on a school trip to the museum. The bus costs ₹100 for each child and the ticket costs ₹50 for each child. What is the total cost (in ₹)?
  11. 11.Joseph gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Joseph do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
  12. 12.Dev’s mother has ₹2500 in her bank account. She pays ₹350 for medicines and ₹270 for a gas cylinder by UPI. How many rupees are left in the account?
  13. 13.Price list: sharpener ₹8, sticker sheet ₹11, pencil ₹6, notebook ₹45.
    How much do a sticker sheet and a pencil cost together (in ₹)?
  14. 14.Diya wants to save ₹3150 for a bicycle in 21 weeks, the same amount each week. How many rupees must Diya save each week?
  15. 15.Dev has ₹1000 for a picnic. Food costs ₹310 and tickets cost ₹640. Is ₹1000 enough? (a) No (b) Yes
  16. 16.Tara has ₹300 for a picnic. Food costs ₹110 and tickets cost ₹90. Is ₹300 enough? (a) Yes (b) No
  17. 17.A colouring book costs ₹85. Aditya has ₹20 and ₹2. How many more rupees does Aditya need?
  18. 18.Kabir’s passbook:
    Opening balance: ₹900
    Credit (money in): ₹300
    Debit (money out): ₹500
    What is the balance now (in ₹)?
  19. 19.Kabir buys a mango (₹25), a geometry box (₹95), a notebook (₹60) and a badminton racket (₹355). What is the total (in ₹)?
  20. 20.Farhan has ₹950. First Farhan pays for needs: socks (₹140) and a raincoat (₹170). How many rupees are left for wants?
  21. 21.Sneha keeps ₹1400 in a bank. After 1 year the simple interest is ₹98. What is the rate of interest per year (in %)?
  22. 22.How many plates of idli can you buy with ₹250 if one costs ₹50?
  23. 23.For Saanvi, is “a toy robot” a need or a want? (a) Want (b) Need
  24. 24.Aditya wants an art kit that costs ₹360. Aditya saves ₹60 every week. How many weeks will it take?
  25. 25.Zoya had ₹27. Zoya spent ₹4 on a pencil. How many rupees are left?
  26. 26.Pooja sells 22 paper bookmarks at ₹20 each. How many rupees does Pooja get?
  27. 27.Farhan makes 5 paper bookmarks an hour and sells each one for ₹5. How many rupees can Farhan earn from 4 hours of work?
  28. 28.Zoya’s shop bill:
    1 badminton racket at ₹380
    3 notebooks at ₹50 each
    1 T-shirt at ₹205
    What is the total bill (in ₹)?
  29. 29.Arjun gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Arjun do? (a) Never share the OTP (b) Read the OTP out (c) Send it by message
  30. 30.After 50% off, a pair of shoes costs ₹170. What was the price before the sale (in ₹)?
  31. 31.Shop A sells 3 mangoes for ₹90. Shop B sells 6 mangoes for ₹210. Which shop is cheaper for one mango? (a) Shop B (b) Shop A
  32. 32.Lakshmi spends ₹300 to start a stall and sells each friendship band for ₹5. What is the smallest number Lakshmi must sell to get back the ₹300?
  33. 33.Karan buys a notebook (₹55), a pen (₹10), a lunch box (₹280) and a badminton racket (₹385). What is the total (in ₹)?
  34. 34.₹50 + ₹? + ₹5 = ₹56
  35. 35.After 20% off, a board game costs ₹656. What was the price before the sale (in ₹)?
  36. 36.A yo-yo costs ₹70. Isha has ₹20 and ₹10. How many more rupees does Isha need?
  37. 37.A hair clip costs ₹6.50. Aarav pays ₹10. How much change does Aarav get, in rupees? =
  38. 38.Which is the smallest amount: ₹23, ₹59 or ₹36? (a) 23 rupees (b) 36 rupees (c) 59 rupees
  39. 39.Joseph keeps ₹1900 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
  40. 40.₹430 + ₹80 =

Answer key

  1. Offer 2
  2. 111
  3. Offer 1
  4. 10-rupee note
  5. 2900
  6. 40
  7. Loss
  8. 15
  9. 1800
  10. 4800
  11. Never share the OTP
  12. 1880
  13. 17
  14. 150
  15. Yes
  16. Yes
  17. 63
  18. 700
  19. 535
  20. 640
  21. 7
  22. 5
  23. Want
  24. 6
  25. 23
  26. 440
  27. 100
  28. 735
  29. Never share the OTP
  30. 340
  31. Shop A
  32. 60
  33. 730
  34. 1
  35. 820
  36. 40
  37. 3.5
  38. 23 rupees
  39. 2090
  40. 510

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