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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 903 · 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.There are 21 children in a class. Each child needs one mango at ₹20. What is the total cost (in ₹)?
  2. 2.A family plans ₹41000 for the month. 50% of it is for rent. How many rupees is that?
  3. 3.A stall pays ₹13 for each friendship band and sells each one for ₹18. It sells 23 friendship bands. What is the total profit (in ₹)?
  4. 4.Saanvi has 4 coins of ₹10. How many rupees does Saanvi have?
  5. 5.Of a ₹43000 monthly budget, 10% goes on rent and 30% on travel. The rest is saved. What percent is saved?
  6. 6.Kabir’s mother scans a shop’s QR code to pay ₹2000. What should she check before she pays? (a) The colour of the code (b) Nothing, just pay (c) The name of the shop
  7. 7.Arjun has 9 notes of ₹20. Diya has 8 coins of ₹5. How many more rupees does Arjun have?
  8. 8.Saanvi has 3 notes of ₹50, 4 notes of ₹20 and 4 coins of ₹2. How many rupees does Saanvi have?
  9. 9.A notebook costs ₹40 and a juice box costs ₹30. How many rupees more does the notebook cost?
  10. 10.After 20% off, a pair of shoes costs ₹752. What was the price before the sale (in ₹)?
  11. 11.Ishaan’s piggy bank has 4 coins of ₹10, 1 coin of ₹5 and 1 coin of ₹1. How many rupees are in it?
  12. 12.A skipping rope costs ₹42. Diya has ₹20 and ₹10. How many more rupees does Diya need?
  13. 13.Zoya has 2 coins of ₹2. Riya has 9 coins of ₹5. Who has more money? (a) Zoya (b) Riya
  14. 14.A storybook costs ₹75. Diya has ₹20 and ₹5. How many more rupees does Diya need?
  15. 15.₹1500 earns 3% simple interest per year. In how many years will the interest be ₹180?
  16. 16.Pooja gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Pooja do? (a) Read the OTP out (b) Send it by message (c) Never share the OTP
  17. 17.₹? + ₹5 + ₹10 = ₹16
  18. 18.How many paise are there in ₹19.50?
  19. 19.Price list: pencil ₹6, biscuit packet ₹15, notebook ₹25, toffee ₹2.
    How many rupees more does a biscuit packet cost than a toffee?
  20. 20.Priya’s class stall spends ₹360 to make 24 greeting cards and sells all of them at ₹15 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
  21. 21.Ananya got ₹750 in 10 weeks, the same amount every week. How many rupees is that each week?
  22. 22.How many ₹5 coins make a ₹20 note?
  23. 23.A family plans ₹49000 for the month. 20% of it is for travel. How many rupees is that?
  24. 24.Manav buys a mango for ₹35 and pays with a ₹100 note. How much change does Manav get (in ₹)?
  25. 25.Of a ₹12000 monthly budget, 40% goes on school fees and 5% on food. The rest is saved. How many rupees are saved?
  26. 26.Aarav wants a storybook set that costs ₹480. Aarav saves ₹80 every week. How many weeks will it take?
  27. 27.Vivaan saves ₹90 every week for 4 weeks, then buys a wristwatch for ₹340. How many rupees are left?
  28. 28.Arjun has 8 coins of ₹1. How many rupees does Arjun have?
  29. 29.Lakshmi saves ₹20 every week for 11 weeks, then buys a board game for ₹30. How many rupees are left?
  30. 30.Dev buys 2 sharpeners at ₹9 each and pays ₹20. How much change does Dev get (in ₹)?
  31. 31.Aarav has 5 coins of ₹2. How many rupees does Aarav have?
  32. 32.Nisha gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Nisha do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
  33. 33.A school bag costs ₹260. The shop gives 10% off. What is the sale price (in ₹)?
  34. 34.A 2 kg bag of rice costs ₹150. A 10 kg bag costs ₹530. How many rupees per kg do you save with the cheaper bag?
  35. 35.Price list: eraser ₹2, pencil ₹7, ruler ₹15, samosa ₹19.
    How much do an eraser and a ruler cost together (in ₹)?
  36. 36.For Nisha, is “milk” a need or a want? (a) Need (b) Want
  37. 37.Nisha sells 39 cupcakes at ₹20 each. How many rupees does Nisha get?
  38. 38.Which is the same money as one ₹500 note? (a) five 100-rupee notes (b) three 100-rupee notes (c) four 100-rupee notes
  39. 39.Tara has 6 coins of ₹2 and 6 coins of ₹5. How many rupees does Tara have?
  40. 40.Pooja’s passbook:
    Opening balance: ₹4200
    Debit: ₹150
    Debit: ₹50
    Credit: ₹400
    Debit: ₹450
    What is the closing balance (in ₹)?

Answer key

  1. 420
  2. 20500
  3. 115
  4. 40
  5. 60
  6. The name of the shop
  7. 140
  8. 238
  9. 10
  10. 940
  11. 46
  12. 12
  13. Riya
  14. 50
  15. 4
  16. Never share the OTP
  17. 1
  18. 1950
  19. 13
  20. No profit, no loss
  21. 75
  22. 4
  23. 9800
  24. 65
  25. 6600
  26. 6
  27. 20
  28. 8
  29. 190
  30. 2
  31. 10
  32. Never share the OTP
  33. 234
  34. 22
  35. 17
  36. Need
  37. 780
  38. five 100-rupee notes
  39. 42
  40. 3950

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