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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 958 · 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.A stall pays ₹12 for each clay diya and sells each one for ₹15. It sells 21 clay diyas. What is the total profit (in ₹)?
  2. 2.A family plans ₹12000 for the month. 5% of it is for clothes. How many rupees is that?
  3. 3.Tara gets ₹13 every day. How many rupees is that in one week (7 days)?
  4. 4.How many notes of ₹10 make ₹50?
  5. 5.A banana costs ₹4. Sneha pays ₹10. How much change does Sneha get (in ₹)?
  6. 6.Pooja buys 3 bananas at ₹4 each and pays ₹50. How much change does Pooja get (in ₹)?
  7. 7.Ananya has ₹11 in a piggy bank. Nani gives Ananya ₹14 more. How many rupees does Ananya have now?
  8. 8.Count up to find the change from ₹500: ₹75 + ₹? = ₹500
  9. 9.Saanvi’s passbook:
    Opening balance: ₹3700
    Credit (money in): ₹450
    Debit (money out): ₹?
    Closing balance: ₹750
    How many rupees was the debit?
  10. 10.A ruler costs ₹14 and a toffee costs ₹3. How many rupees more does the ruler cost?
  11. 11.A family plans ₹30000 for the month. 10% of it is for school fees. How many rupees is that?
  12. 12.A 5 kg bag of wheat flour costs ₹185. A 10 kg bag costs ₹360. How many rupees per kg do you save with the cheaper bag?
  13. 13.Gurpreet makes 4 clay diyas an hour and sells each one for ₹25. How many rupees can Gurpreet earn from 4 hours of work?
  14. 14.A pair of shoes costs ₹980. Offer 1: 25% off. Offer 2: ₹460 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
  15. 15.Which is worth more: a ₹10 note or a ₹2 coin? (a) 2-rupee coin (b) 10-rupee note
  16. 16.How many footballs can you buy with ₹1925 if one costs ₹275?
  17. 17.Vivaan has 5 coins of ₹5. Rahul has 6 coins of ₹2. Who has less money? (a) Vivaan (b) Rahul
  18. 18.Ananya keeps ₹500 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
  19. 19.₹480 + ₹210 =
  20. 20.How many notebooks can you buy with ₹280 if one costs ₹40?
  21. 21.Rohan has 8 notes of ₹10. Diya has 4 notes of ₹100. Who has more money? (a) Rohan (b) Diya
  22. 22.Arjun’s passbook:
    Opening balance: ₹1700
    Credit (money in): ₹750
    Debit (money out): ₹350
    What is the balance now (in ₹)?
  23. 23.Meera has 7 notes of ₹20. How many rupees does Meera have?
  24. 24.Rohan has ₹850. First Rohan pays for needs: a lunch box (₹50) and notebooks (₹60). How many rupees are left for wants?
  25. 25.Aarav gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Aarav do? (a) Read the OTP out (b) Send it by message (c) Never share the OTP
  26. 26.How many notes of ₹50 make ₹150?
  27. 27.Farhan spends ₹80 on things to make 13 friendship bands and sells them all at ₹10 each. How many rupees does Farhan earn after paying the costs?
  28. 28.Rohan buys 3 cricket balls at ₹125 each and pays with a ₹500 note. How much change does Rohan get (in ₹)?
  29. 29.Vivaan’s passbook:
    Opening balance: ₹3400
    Credit (money in): ₹800
    Debit (money out): ₹?
    Closing balance: ₹4000
    How many rupees was the debit?
  30. 30.How many ₹20 coins make a ₹200 note?
  31. 31.Manav buys an eraser for ₹3 and a sharpener for ₹7. How many rupees does Manav spend in all?
  32. 32.Kavya has 4 coins of ₹2. Tara has 8 coins of ₹5. Who has more money? (a) Kavya (b) Tara
  33. 33.Aarav’s class stall spends ₹80 to make 20 friendship bands and sells all of them at ₹5 each. What is the profit (in ₹)?
  34. 34.₹300 earns 5% simple interest per year. In how many years will the interest be ₹60?
  35. 35.Lakshmi is making a shopping list. Which of these is a need? (a) a video game (b) a fancy phone cover (c) a schoolbag (d) a sticker album
  36. 36.Tara saves ₹50 every week for 8 weeks, then buys a gift for Mum for ₹380. How many rupees are left?
  37. 37.Arjun has one ₹500 piece of money. Is it a coin or a note? (a) Coin (b) Note
  38. 38.Pooja has ₹11 in a piggy bank. Dada gives Pooja ₹39 more. How many rupees does Pooja have now?
  39. 39.A dozen (12) eggs cost ₹96. What does one cost (in ₹)?
  40. 40.One sticker sheet costs ₹7. A pack of 3 sticker sheets costs ₹19. How many rupees do you save by buying the pack instead of 3 single ones?

Answer key

  1. 63
  2. 600
  3. 91
  4. 5
  5. 6
  6. 38
  7. 25
  8. 425
  9. 3400
  10. 11
  11. 3000
  12. 1
  13. 400
  14. Offer 2
  15. 10-rupee note
  16. 7
  17. Rahul
  18. 40
  19. 690
  20. 7
  21. Diya
  22. 2100
  23. 140
  24. 740
  25. Never share the OTP
  26. 3
  27. 50
  28. 125
  29. 200
  30. 10
  31. 10
  32. Tara
  33. 20
  34. 4
  35. a schoolbag
  36. 20
  37. Note
  38. 50
  39. 8
  40. 2

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