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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 932 · 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.Tara’s shop bill:
    4 storybooks at ₹125 each
    2 pairs of socks at ₹75 each
    4 samosas at ₹17 each
    What is the total bill (in ₹)?
  2. 2.Price list: balloon ₹10, juice box ₹30, banana ₹7, sharpener ₹4.
    Rohan has ₹10 and buys a sharpener. How many rupees are left?
  3. 3.Manav wants a football that costs ₹505, has ₹230 already and saves ₹100 every week. In how many weeks will Manav have enough?
  4. 4.A pencil costs ₹3 and an eraser costs ₹2. How many rupees more does the pencil cost?
  5. 5.Pooja is making a shopping list. Which of these is a need? (a) a remote-control car (b) a schoolbag (c) extra comic books (d) designer sunglasses
  6. 6.A 10 kg bag of wheat flour costs ₹380. A 5 kg bag costs ₹180. Which bag is cheaper per kg? (a) 5 kg bag (b) 10 kg bag
  7. 7.A ruler costs ₹9. Riya pays ₹10. How much change does Riya get (in ₹)?
  8. 8.Meera spends ₹50 of ₹500 pocket money on books. What percent is that?
  9. 9.Meera buys a pen for ₹24 and a samosa for ₹12, and pays with a ₹500 note. How much change does Meera get (in ₹)?
  10. 10.Saanvi has 6 coins of ₹20. How many rupees does Saanvi have?
  11. 11.Arjun spends ₹230 on things to make 18 plates of bhel and sells them all at ₹15 each. How many rupees does Arjun earn after paying the costs?
  12. 12.Riya has a budget of ₹500 for a birthday party. The return gifts cost ₹40, the snacks cost ₹60 and the juice cost ₹80. How many rupees are left?
  13. 13.Tara is making a shopping list. Which of these is a want? (a) notebooks for school (b) a glitter pen set (c) school shoes (d) toothpaste
  14. 14.Kabir’s class stall spends ₹400 to make 38 clay diyas and sells all of them at ₹15 each. What is the profit (in ₹)?
  15. 15.Diya gets ₹95 pocket money every week. How many rupees is that in 3 weeks?
  16. 16.Of a ₹35000 monthly budget, 40% goes on clothes and 5% on food. The rest is saved. How many rupees are saved?
  17. 17.Rahul’s passbook:
    Opening balance: ₹1000
    Credit (money in): ₹950
    Debit (money out): ₹250
    What is the balance now (in ₹)?
  18. 18.Aditya’s passbook:
    Opening balance: ₹2900
    Credit (money in): ₹100
    Debit (money out): ₹?
    Closing balance: ₹2900
    How many rupees was the debit?
  19. 19.3 friends run a stall selling greeting cards and make a profit of ₹600. They share it equally. How many rupees does each friend get?
  20. 20.Farhan buys an eraser for ₹3 and a banana for ₹7, and pays ₹50. How much change does Farhan get (in ₹)?
  21. 21.A day trip costs ₹880 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
  22. 22.Joseph has 8 notes of ₹50. Tara has 2 coins of ₹1. How many more rupees does Joseph have?
  23. 23.Price list: sharpener ₹5, crayon box ₹50, biscuit packet ₹11, glue stick ₹21.
    How much do 2 glue sticks cost (in ₹)?
  24. 24.Farhan keeps ₹1100 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
  25. 25.Which is worth the least: a ₹100 note, a ₹500 note or a ₹20 note? (a) 20-rupee note (b) 100-rupee note (c) 500-rupee note
  26. 26.Aditya has 1 note of ₹100 and 4 notes of ₹50. How many rupees does Aditya have?
  27. 27.A stall pays ₹18 for each paper bookmark and sells each one for ₹21. It sells 31 paper bookmarks. What is the total profit (in ₹)?
  28. 28.Rahul’s class stall spends ₹540 to make 18 cups of lemonade and sells all of them at ₹30 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
  29. 29.10 plates of idli cost ₹500. What does one plate of idli cost (in ₹)?
  30. 30.₹220 − ₹80 =
  31. 31.For Meera, is “drinking water” a need or a want? (a) Need (b) Want
  32. 32.₹1100 earns 7% simple interest per year. In how many years will the interest be ₹154?
  33. 33.Ananya has 4 notes of ₹50. Kabir has 4 coins of ₹1. Who has more money? (a) Ananya (b) Kabir
  34. 34.Ananya wants a bicycle that costs ₹3900. Ananya saves ₹150 every week. How many weeks will it take?
  35. 35.Zoya had ₹53. Zoya spent ₹35 on a notebook. How many rupees are left?
  36. 36.Which is worth more: a ₹20 coin or a ₹10 note? (a) 20-rupee coin (b) 10-rupee note
  37. 37.Rohan is making a shopping list. Which of these is a need? (a) a new party dress (b) a schoolbag (c) designer sunglasses (d) a fancy phone cover
  38. 38.One paper clip costs 50 paise. How many rupees do 7 paper clips cost? =
  39. 39.Priya buys a football (₹260), a storybook (₹185), a samosa (₹14) and a pair of socks (₹90). What is the total (in ₹)?
  40. 40.Ishaan has 9 notes of ₹10. How many rupees does Ishaan have?

Answer key

  1. 718
  2. 6
  3. 3
  4. 1
  5. a schoolbag
  6. 5 kg bag
  7. 1
  8. 10
  9. 464
  10. 120
  11. 40
  12. 320
  13. a glitter pen set
  14. 170
  15. 285
  16. 19250
  17. 1700
  18. 100
  19. 200
  20. 40
  21. 440
  22. 398
  23. 42
  24. 1166
  25. 20-rupee note
  26. 300
  27. 93
  28. No profit, no loss
  29. 50
  30. 140
  31. Need
  32. 2
  33. Ananya
  34. 26
  35. 18
  36. 20-rupee coin
  37. a schoolbag
  38. 3.5
  39. 549
  40. 90

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