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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 952 · 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.Rahul sells 44 paper bookmarks at ₹20 each. How many rupees does Rahul get?
  2. 2.For Kavya, is “medicine when ill” a need or a want? (a) Need (b) Want
  3. 3.Aditya has 6 coins of ₹10 and 4 coins of ₹5. How many rupees does Aditya have?
  4. 4.Lakshmi’s passbook:
    Opening balance: ₹3200
    Debit: ₹500
    Credit: ₹300
    Debit: ₹500
    Credit: ₹300
    What is the closing balance (in ₹)?
  5. 5.Nisha has ₹37. A notebook costs ₹35. Does Nisha have enough money to buy it? (a) No (b) Yes
  6. 6.Rohan’s class stall spends ₹915 to make 33 cups of lemonade and sells all of them at ₹25 each. What is the loss (in ₹)?
  7. 7.Ananya has 5 coins of ₹2 and 2 coins of ₹5. How many rupees does Ananya have?
  8. 8.A board game costs ₹380. Offer 1: 20% off. Offer 2: ₹150 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
  9. 9.Riya is making a shopping list. Which of these is a want? (a) milk (b) school shoes (c) drinking water (d) a fancy phone cover
  10. 10.Which is worth more: a ₹50 note or a ₹2 coin? (a) 50-rupee note (b) 2-rupee coin
  11. 11.Diya’s mother has ₹1200 in her bank account. She pays ₹300 for fruit and ₹80 for school books by UPI. How many rupees are left in the account?
  12. 12.Riya’s passbook:
    Opening balance: ₹2400
    Credit: ₹300
    Debit: ₹500
    Credit: ₹500
    Debit: ₹100
    What is the total of all the credits (in ₹)?
  13. 13.Shop A sells 5 cricket balls for ₹550. Shop B sells 2 cricket balls for ₹210. Which shop is cheaper for one cricket ball? (a) Shop B (b) Shop A
  14. 14.Which coins and notes make exactly ₹160? (a) 50 + 10 + 10 (b) 50 + 20 + 10 (c) 100 + 50 + 10
  15. 15.Tara’s piggy bank has 5 coins of ₹10, 4 coins of ₹5 and 2 coins of ₹2. How many rupees are in it?
  16. 16.One toffee costs ₹3.50. How many rupees do 6 toffees cost? =
  17. 17.Joseph keeps ₹700 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?
  18. 18.Price list: crayon box ₹45, ruler ₹11, sharpener ₹5, sticker sheet ₹8.
    Rohan has ₹100 and buys a sharpener. How many rupees are left?
  19. 19.Saanvi got ₹560 in 7 weeks, the same amount every week. How many rupees is that each week?
  20. 20.Arjun keeps ₹1000 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 2 years?
  21. 21.Riya buys a banana for ₹4 and an ice candy for ₹12, and pays ₹50. How much change does Riya get (in ₹)?
  22. 22.One badminton racket costs ₹485. How much do 8 badminton rackets cost (in ₹)?
  23. 23.For Pooja, is “a new party dress” a need or a want? (a) Want (b) Need
  24. 24.₹38 + ₹29 + ₹19 =
  25. 25.Kavya keeps ₹200 in a bank. After 1 year the simple interest is ₹16. What is the rate of interest per year (in %)?
  26. 26.An eraser costs ₹4 and a banana costs ₹5. How many rupees more does the banana cost?
  27. 27.Isha’s class stall spends ₹660 to make 35 paper bookmarks and sells all of them at ₹20 each. What is the profit (in ₹)?
  28. 28.Price list: juice box ₹20, banana ₹6, eraser ₹5, notebook ₹45.
    How many rupees more does a banana cost than an eraser?
  29. 29.Which is worth more: a ₹5 coin or a ₹50 note? (a) 5-rupee coin (b) 50-rupee note
  30. 30.A 2 kg bag of potatoes costs ₹44. A 1 kg bag costs ₹40. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
  31. 31.Of a ₹28000 monthly budget, 5% goes on rent and 50% on clothes. The rest is saved. How many rupees are saved?
  32. 32.Saanvi got ₹100 in 5 weeks, the same amount every week. How many rupees is that each week?
  33. 33.Which coins and notes make exactly ₹130? (a) 100 + 100 + 10 (b) 100 + 20 + 2 (c) 100 + 20 + 10
  34. 34.How many notebooks can you buy with ₹440 if one costs ₹40?
  35. 35.Priya’s mother has ₹2400 in her bank account. She pays ₹360 for a gas cylinder and ₹330 for medicines by UPI. How many rupees are left in the account?
  36. 36.Meera has ₹52 in a piggy bank. Nana gives Meera ₹18 more. How many rupees does Meera have now?
  37. 37.Farhan has 5 coins of ₹10 and 2 coins of ₹1. How many rupees does Farhan have?
  38. 38.Ananya’s passbook:
    Opening balance: ₹2800
    Debit: ₹450
    Credit: ₹500
    Credit: ₹350
    Debit: ₹150
    What is the closing balance (in ₹)?
  39. 39.Rohan’s class stall spends ₹1010 to make 33 plates of bhel and sells all of them at ₹30 each. What is the loss (in ₹)?
  40. 40.Saanvi keeps ₹100 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 3 years?

Answer key

  1. 880
  2. Need
  3. 80
  4. 2800
  5. Yes
  6. 90
  7. 20
  8. Offer 2
  9. a fancy phone cover
  10. 50-rupee note
  11. 820
  12. 800
  13. Shop B
  14. 100 + 50 + 10
  15. 74
  16. 21
  17. 784
  18. 95
  19. 80
  20. 180
  21. 34
  22. 3880
  23. Want
  24. 86
  25. 8
  26. 1
  27. 40
  28. 1
  29. 50-rupee note
  30. 2 kg bag
  31. 12600
  32. 20
  33. 100 + 20 + 10
  34. 11
  35. 1710
  36. 70
  37. 52
  38. 3050
  39. 20
  40. 27

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