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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 956 · 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 buys 2 bananas at ₹8 each and pays ₹20. How much change does Aarav get (in ₹)?
  2. 2.Diya wants to save ₹600 for a storybook set in 15 weeks, the same amount each week. How many rupees must Diya save each week?
  3. 3.Rahul gets ₹15 every day. How many rupees is that in one week (7 days)?
  4. 4.Tara’s passbook:
    Opening balance: ₹4800
    Debit: ₹350
    Credit: ₹400
    Credit: ₹200
    Debit: ₹350
    What is the total of all the debits (in ₹)?
  5. 5.Ananya buys an eraser for ₹2 and a banana for ₹6, and pays ₹50. How much change does Ananya get (in ₹)?
  6. 6.Zoya has one ₹500 piece of money. Is it a coin or a note? (a) Note (b) Coin
  7. 7.A family plans ₹29000 for the month. 30% of it is for food. How many rupees is that?
  8. 8.Shop A sells a cricket ball for ₹100 with free delivery. Shop B sells it for ₹130 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
  9. 9.Ishaan’s passbook:
    Opening balance: ₹3900
    Debit: ₹500
    Credit: ₹50
    Credit: ₹100
    Debit: ₹450
    What is the closing balance (in ₹)?
  10. 10.What do 4 water bottles at ₹190 each and 2 samosas at ₹14 each cost in all (in ₹)?
  11. 11.Rahul has ₹350 for return gifts. Each gift costs ₹20. What is the greatest number of gifts Rahul can buy?
  12. 12.Aditya has one ₹100 piece of money. Is it a coin or a note? (a) Note (b) Coin
  13. 13.A sharpener costs ₹9. Ananya pays ₹50. How much change does Ananya get (in ₹)?
  14. 14.One football costs ₹390. How much do 4 footballs cost (in ₹)?
  15. 15.Gurpreet has ₹8. A biscuit packet costs ₹12. Does Gurpreet have enough money to buy it? (a) Yes (b) No
  16. 16.Joseph has ₹300. In a piggy bank it stays ₹300. In a bank at 2% simple interest per year, how many rupees more will Joseph have after 5 years?
  17. 17.Vivaan gets ₹6 every day. How many rupees is that in one week (7 days)?
  18. 18.Riya gets ₹24 every day. How many rupees is that in one week (7 days)?
  19. 19.Lakshmi’s father is sending ₹1000 to a friend by UPI. What should he check before he pays? (a) The name and amount (b) Only the phone colour (c) Nothing at all
  20. 20.Count up to find the change from ₹100: ₹97 + ₹? = ₹100
  21. 21.Lakshmi wants a football that costs ₹380, has ₹130 already and saves ₹20 every week. In how many weeks will Lakshmi have enough?
  22. 22.Price list: kite ₹10, glue stick ₹17, sticker sheet ₹5, pencil ₹8.
    Which item costs the least?
    (a) sticker sheet (b) kite (c) pencil (d) glue stick
  23. 23.Lakshmi gets ₹40 a week, spends ₹20 each week and saves the rest. How many rupees has Lakshmi saved after 6 weeks?
  24. 24.Kabir has 1 note of ₹200 and 3 notes of ₹10. How many rupees does Kabir have?
  25. 25.Riya’s passbook:
    Opening balance: ₹2600
    Credit (money in): ₹50
    Debit (money out): ₹750
    What is the balance now (in ₹)?
  26. 26.Rohan sells 17 plates of bhel at ₹20 each. How many rupees does Rohan get?
  27. 27.Gurpreet keeps ₹1600 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
  28. 28.A study lamp costs ₹800. Offer 1: 10% off. Offer 2: ₹240 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
  29. 29.A 5 kg bag of wheat flour costs ₹245. A 1 kg bag costs ₹48. Which bag is cheaper per kg? (a) 5 kg bag (b) 1 kg bag
  30. 30.Diya has ₹300 for a picnic. Food costs ₹80 and tickets cost ₹260. Is ₹300 enough? (a) No (b) Yes
  31. 31.Rahul has 3 coins of ₹5 and 5 coins of ₹1. How many rupees does Rahul have?
  32. 32.Aditya got ₹650 in 10 weeks, the same amount every week. How many rupees is that each week?
  33. 33.Lakshmi has ₹1100. In a piggy bank it stays ₹1100. In a bank at 6% simple interest per year, how many rupees more will Lakshmi have after 2 years?
  34. 34.Gurpreet has ₹400. First Gurpreet pays for needs: a lunch box (₹90) and a school uniform (₹120). How many rupees are left for wants?
  35. 35.₹570 − ₹280 =
  36. 36.A stall pays ₹4 for each friendship band and sells each one for ₹5. It sells 10 friendship bands. What is the total profit (in ₹)?
  37. 37.Aarav has 4 notes of ₹100. Ishaan has 6 notes of ₹10. How many more rupees does Aarav have?
  38. 38.₹23 + ₹46 =
  39. 39.Vivaan keeps ₹800 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 3 years?
  40. 40.Lakshmi’s passbook:
    Opening balance: ₹2200
    Credit: ₹350
    Debit: ₹350
    Credit: ₹400
    Debit: ₹100
    What is the closing balance (in ₹)?

Answer key

  1. 4
  2. 40
  3. 105
  4. 700
  5. 42
  6. Note
  7. 8700
  8. 50
  9. 3100
  10. 788
  11. 17
  12. Note
  13. 41
  14. 1560
  15. No
  16. 30
  17. 42
  18. 168
  19. The name and amount
  20. 3
  21. 13
  22. sticker sheet
  23. 120
  24. 230
  25. 1900
  26. 340
  27. 1728
  28. Offer 2
  29. 1 kg bag
  30. No
  31. 20
  32. 65
  33. 132
  34. 190
  35. 290
  36. 10
  37. 340
  38. 69
  39. 120
  40. 2500

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