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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 950 · 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.Aarav buys a mango for ₹20 and pays with a ₹100 note. How much change does Aarav get (in ₹)?
  2. 2.Meera buys 4 sharpeners at ₹7 each and pays ₹50. How much change does Meera get (in ₹)?
  3. 3.Which is worth more: a ₹2 coin or a ₹10 note? (a) 2-rupee coin (b) 10-rupee note
  4. 4.Of a ₹48000 monthly budget, 30% goes on school fees and 40% on rent. The rest is saved. How many rupees are saved?
  5. 5.How many paise are there in ₹19.50?
  6. 6.Price list: balloon ₹6, eraser ₹4, samosa ₹12, ruler ₹9.
    Rahul has ₹20 and buys a balloon. How many rupees are left?
  7. 7.A stall pays ₹11 for each cupcake and sells each one for ₹14. It sells 15 cupcakes. What is the total profit (in ₹)?
  8. 8.Which coins and notes make exactly ₹62? (a) 50 + 20 + 2 (b) 50 + 2 + 1 (c) 50 + 10 + 2
  9. 9.Arjun buys a lunch box (₹195), a school bag (₹500), a samosa (₹14) and a T-shirt (₹370). What is the total (in ₹)?
  10. 10.₹740 − ₹570 =
  11. 11.7 mangoes cost ₹280. What does one mango cost (in ₹)?
  12. 12.₹25 − ₹22 =
  13. 13.For Lakshmi, is “drinking water” a need or a want? (a) Want (b) Need
  14. 14.Which coins and notes make exactly ₹53? (a) 50 + 50 + 1 (b) 50 + 1 + 1 (c) 50 + 2 + 1
  15. 15.Kavya has 2 notes of ₹10. Kabir has 2 coins of ₹5. How many more rupees does Kavya have?
  16. 16.Isha buys a notebook (₹30), a plate of idli (₹45), a pen (₹23) and a storybook (₹165). What is the total (in ₹)?
  17. 17.₹27 + ₹37 + ₹40 =
  18. 18.₹8.50 + ₹8.50 =
  19. 19.A 1 kg bag of wheat flour costs ₹42. A 10 kg bag costs ₹360. How many rupees per kg do you save with the cheaper bag?
  20. 20.Riya has 2 notes of ₹100 and 1 note of ₹50. How many rupees does Riya have?
  21. 21.Kabir has 2 coins of ₹5 and 6 coins of ₹10. How many rupees does Kabir have?
  22. 22.Price list: notebook ₹35, pencil ₹7, ice candy ₹15, samosa ₹16.
    How much do 4 notebooks cost (in ₹)?
  23. 23.Which is the smallest amount: ₹17, ₹98 or ₹14? (a) 17 rupees (b) 14 rupees (c) 98 rupees
  24. 24.Vivaan sells 29 cups of lemonade at ₹10 each. How many rupees does Vivaan get?
  25. 25.10 badminton rackets cost ₹3450. How much do 3 badminton rackets cost (in ₹)?
  26. 26.Which is worth more: a ₹5 coin or a ₹20 note? (a) 20-rupee note (b) 5-rupee coin
  27. 27.Which is the same money as one ₹20 note? (a) two 10-rupee notes (b) three 10-rupee notes (c) four 10-rupee notes
  28. 28.Karan’s class stall spends ₹100 to make 10 friendship bands and sells all of them at ₹5 each. What is the loss (in ₹)?
  29. 29.Dev keeps ₹900 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
  30. 30.Isha gets ₹60 pocket money every week. How many rupees is that in 4 weeks?
  31. 31.A family plans ₹24000 for the month. 20% of it is for electricity. How many rupees is that?
  32. 32.₹5 + ₹2 + ₹? = ₹107
  33. 33.A jacket costs ₹820. The shop gives 20% off. How many rupees is the discount?
  34. 34.2 lunch boxes cost ₹370. What does one lunch box cost (in ₹)?
  35. 35.Lakshmi’s piggy bank has 3 coins of ₹10, 2 coins of ₹2 and 3 coins of ₹1. How many rupees are in it?
  36. 36.A stall pays ₹20 for each paper bookmark and sells each one for ₹26. It sells 22 paper bookmarks. What is the total profit (in ₹)?
  37. 37.Kavya has ₹560 for return gifts. Each gift costs ₹25. What is the greatest number of gifts Kavya can buy?
  38. 38.One plate of idli costs ₹60. How much do 2 plates of idli cost (in ₹)?
  39. 39.A day trip costs ₹560 in all. 8 friends share the cost equally. How much does each friend pay (in ₹)?
  40. 40.Riya gets ₹30 pocket money every week. How many rupees is that in 7 weeks?

Answer key

  1. 80
  2. 22
  3. 10-rupee note
  4. 14400
  5. 1950
  6. 14
  7. 45
  8. 50 + 10 + 2
  9. 1079
  10. 170
  11. 40
  12. 3
  13. Need
  14. 50 + 2 + 1
  15. 10
  16. 263
  17. 104
  18. 17
  19. 6
  20. 250
  21. 70
  22. 140
  23. 14 rupees
  24. 290
  25. 1035
  26. 20-rupee note
  27. two 10-rupee notes
  28. 50
  29. 189
  30. 240
  31. 4800
  32. 100
  33. 164
  34. 185
  35. 37
  36. 132
  37. 22
  38. 120
  39. 70
  40. 210

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