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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 933 · 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.How many paise are there in ₹4?
  2. 2.A jacket costs ₹720. The shop gives 20% off. What is the sale price (in ₹)?
  3. 3.Shop A sells 4 pens for ₹40. Shop B sells 5 pens for ₹125. Which shop is cheaper for one pen? (a) Shop A (b) Shop B
  4. 4.Vivaan has 8 notes of ₹10. How many rupees does Vivaan have?
  5. 5.8 geometry boxes cost ₹1040. What does one geometry box cost (in ₹)?
  6. 6.Tara gets ₹100 a week, spends ₹70 each week and saves the rest. How many rupees has Tara saved after 3 weeks?
  7. 7.Aditya keeps ₹1500 in a bank. After 2 years the simple interest is ₹300. What is the rate of interest per year (in %)?
  8. 8.Ananya spends ₹30 on things to make 12 plates of bhel and sells them all at ₹5 each. How many rupees does Ananya earn after paying the costs?
  9. 9.Nisha’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) The name of the shop (c) Nothing, just pay
  10. 10.Meera keeps ₹1500 in a bank at 5% simple interest per year. How much money will there be after 2 years (in ₹)?
  11. 11.Price list: sticker sheet ₹5, juice box ₹30, kite ₹19, sharpener ₹6.
    How much do a juice box and a sharpener cost together (in ₹)?
  12. 12.10 lunch boxes cost ₹2700. How much do 3 lunch boxes cost (in ₹)?
  13. 13.Sneha wants a bicycle that costs ₹4760, has ₹230 already and saves ₹300 every week. In how many weeks will Sneha have enough?
  14. 14.Karan has ₹14. A balloon costs ₹9. Does Karan have enough money to buy it? (a) No (b) Yes
  15. 15.Of a ₹42000 monthly budget, 10% goes on school fees and 5% on electricity. The rest is saved. What percent is saved?
  16. 16.Gurpreet’s mother has ₹1900 in her bank account. She pays ₹140 for vegetables and ₹230 for bread by UPI. How many rupees are left in the account?
  17. 17.5 friends run a stall selling paper bookmarks and make a profit of ₹1450. They share it equally. How many rupees does each friend get?
  18. 18.Pooja’s class stall spends ₹925 to make 37 clay diyas and sells all of them at ₹25 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
  19. 19.₹14 + ₹12.50 =
  20. 20.Farhan gets ₹50 pocket money every week. How many rupees is that in 2 weeks?
  21. 21.Ishaan’s class stall spends ₹1020 to make 33 paper bookmarks and sells all of them at ₹30 each. What is the loss (in ₹)?
  22. 22.₹160 + ₹230 =
  23. 23.₹42 + ₹16 =
  24. 24.₹210 − ₹120 =
  25. 25.Aarav’s shop bill:
    3 lunch boxes at ₹240 each
    1 badminton racket at ₹305
    3 pairs of socks at ₹70 each
    What is the total bill (in ₹)?
  26. 26.Kavya has 2 notes of ₹50. Kabir has 4 notes of ₹20. Who has less money? (a) Kabir (b) Kavya
  27. 27.₹280 + ₹340 =
  28. 28.What do 4 samosas at ₹14 each and 5 storybooks at ₹185 each cost in all (in ₹)?
  29. 29.Joseph gets a link: “Click now to win a phone worth ₹25000!” What should Joseph do? (a) Click it to win (b) Send it to friends (c) Ignore it, tell a parent
  30. 30.Price list: biscuit packet ₹12, balloon ₹9, notebook ₹40, glue stick ₹21.
    How much do a balloon and a biscuit packet cost together (in ₹)?
  31. 31.Ananya’s class stall spends ₹260 to make 30 greeting cards and sells all of them at ₹15 each. What is the profit (in ₹)?
  32. 32.Meera has 2 notes of ₹200, 4 notes of ₹10 and 4 coins of ₹2. How many rupees does Meera have?
  33. 33.Dev deposits ₹800 saved in a piggy bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
  34. 34.Zoya keeps ₹600 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 5 years?
  35. 35.1950 paise is how many rupees? =
  36. 36.Farhan has 8 notes of ₹20. How many rupees does Farhan have?
  37. 37.Count up to find the change from ₹100: ₹63 + ₹? = ₹100
  38. 38.Ananya keeps ₹1100 in a bank. After 2 years the simple interest is ₹176. What is the rate of interest per year (in %)?
  39. 39.Which coins and notes make exactly ₹31? (a) 20 + 10 + 1 (b) 10 + 5 + 1 (c) 20 + 5 + 1
  40. 40.₹16 + ₹14 + ₹23 =

Answer key

  1. 400
  2. 576
  3. Shop A
  4. 80
  5. 130
  6. 90
  7. 10
  8. 30
  9. The name of the shop
  10. 1650
  11. 36
  12. 810
  13. 16
  14. Yes
  15. 85
  16. 1530
  17. 290
  18. No profit, no loss
  19. 26.5
  20. 100
  21. 30
  22. 390
  23. 58
  24. 90
  25. 1235
  26. Kabir
  27. 620
  28. 981
  29. Ignore it, tell a parent
  30. 21
  31. 190
  32. 448
  33. Credit
  34. 120
  35. 19.5
  36. 160
  37. 37
  38. 8
  39. 20 + 10 + 1
  40. 53

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