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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 951 · 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.Aarav wants a board game that costs ₹480, has ₹170 already and saves ₹20 every week. In how many weeks will Aarav have enough?
  2. 2.Isha is making a shopping list. Which of these is a need? (a) sweets every day (b) a remote-control car (c) medicine when ill (d) a sticker album
  3. 3.250 paise is how many rupees? =
  4. 4.Of a ₹22000 monthly budget, 10% goes on clothes and 25% on rent. The rest is saved. How many rupees are saved?
  5. 5.How many notes of ₹50 make ₹150?
  6. 6.₹? + ₹20 + ₹2 = ₹122
  7. 7.Shop A sells a school bag for ₹455 with free delivery. Shop B sells it for ₹455 plus ₹80 delivery. How many rupees do you save by buying from the cheaper shop?
  8. 8.Aarav’s class stall spends ₹310 to make 29 cups of lemonade and sells all of them at ₹15 each. What is the profit (in ₹)?
  9. 9.₹25 + ₹9 =
  10. 10.1350 paise is how many rupees? =
  11. 11.Isha has 5 coins of ₹5. How many rupees does Isha have?
  12. 12.₹69 + ₹17 =
  13. 13.Ananya got ₹475 in 5 weeks, the same amount every week. How many rupees is that each week?
  14. 14.How many notes of ₹100 make ₹700?
  15. 15.Ananya’s class stall spends ₹300 to make 28 greeting cards and sells all of them at ₹15 each. What is the profit (in ₹)?
  16. 16.₹240 + ₹340 =
  17. 17.Sneha gets ₹30 a week, spends ₹10 each week and saves the rest. How many rupees has Sneha saved after 3 weeks?
  18. 18.Of a ₹44000 monthly budget, 10% goes on rent and 30% on clothes. The rest is saved. How many rupees are saved?
  19. 19.A 10 kg bag of potatoes costs ₹210. A 2 kg bag costs ₹46. Which bag is cheaper per kg? (a) 10 kg bag (b) 2 kg bag
  20. 20.₹34 − ₹15 =
  21. 21.Manav has 4 coins of ₹1. Rohan has 4 notes of ₹100. Who has more money? (a) Rohan (b) Manav
  22. 22.Rohan’s piggy bank has 1 coin of ₹20, 5 coins of ₹5 and 3 coins of ₹2. How many rupees are in it?
  23. 23.Kavya has ₹1100. In a piggy bank it stays ₹1100. In a bank at 3% simple interest per year, how many rupees more will Kavya have after 2 years?
  24. 24.₹1600 earns 9% simple interest per year. In how many years will the interest be ₹432?
  25. 25.Diya is making a shopping list. Which of these is a need? (a) a new party dress (b) a video game (c) bus fare to school (d) a toy robot
  26. 26.Vivaan had ₹84. Vivaan spent ₹1 on a toffee. How many rupees are left?
  27. 27.Shop A sells a cricket ball for ₹115 with free delivery. Shop B sells it for ₹110 plus ₹30 delivery. How many rupees do you save by buying from the cheaper shop?
  28. 28.Aarav buys a balloon for ₹7 and a crayon box for ₹30. How many rupees does Aarav spend in all?
  29. 29.A family plans ₹17000 for the month. 20% of it is for rent. How many rupees is that?
  30. 30.Nisha’s class stall spends ₹260 to make 23 cupcakes and sells all of them at ₹10 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
  31. 31.Pooja’s class stall spends ₹170 to make 16 cupcakes and sells all of them at ₹5 each. What is the loss (in ₹)?
  32. 32.A family plans ₹21000 for the month. 10% of it is for rent. How many rupees is that?
  33. 33.Kavya’s passbook:
    Opening balance: ₹3700
    Debit: ₹450
    Credit: ₹300
    Credit: ₹400
    Credit: ₹450
    What is the total of all the debits (in ₹)?
  34. 34.2000 paise is how many rupees? =
  35. 35.Which is the same money as one ₹20 note? (a) four 5-rupee coins (b) three 5-rupee coins (c) five 5-rupee coins
  36. 36.Nisha has 2 coins of ₹10 and 4 coins of ₹2. How many rupees does Nisha have?
  37. 37.Nisha gets a link: “Click now to win a phone worth ₹25000!” What should Nisha do? (a) Ignore it, tell a parent (b) Click it to win (c) Send it to friends
  38. 38.Vivaan’s class stall spends ₹150 to make 17 cupcakes and sells all of them at ₹10 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
  39. 39.Saanvi saves ₹70 every week for 12 weeks, then buys a bicycle for ₹200. How many rupees are left?
  40. 40.Lakshmi’s mother scans a shop’s QR code to pay ₹5000. What should she check before she pays? (a) The colour of the code (b) The name of the shop (c) Nothing, just pay

Answer key

  1. 16
  2. medicine when ill
  3. 2.5
  4. 14300
  5. 3
  6. 100
  7. 80
  8. 125
  9. 34
  10. 13.5
  11. 25
  12. 86
  13. 95
  14. 7
  15. 120
  16. 580
  17. 60
  18. 26400
  19. 10 kg bag
  20. 19
  21. Rohan
  22. 51
  23. 66
  24. 3
  25. bus fare to school
  26. 83
  27. 25
  28. 37
  29. 3400
  30. Loss
  31. 90
  32. 2100
  33. 450
  34. 20
  35. four 5-rupee coins
  36. 28
  37. Ignore it, tell a parent
  38. Profit
  39. 640
  40. The name of the shop

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