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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 994 · 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.How many notes of ₹50 make ₹300?
  2. 2.Of a ₹14000 monthly budget, 40% goes on electricity and 10% on clothes. The rest is saved. How many rupees are saved?
  3. 3.₹46 + ₹27 =
  4. 4.6 lunch boxes cost ₹1170. What does one lunch box cost (in ₹)?
  5. 5.How many coins of ₹5 does Aditya need to make ₹15?
  6. 6.Diya keeps ₹1300 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
  7. 7.Price list: juice box ₹20, banana ₹5, sticker sheet ₹9, samosa ₹19.
    Sneha has ₹10 and buys a sticker sheet. How many rupees are left?
  8. 8.One football costs ₹445. How much do 8 footballs cost (in ₹)?
  9. 9.One storybook costs ₹115. How much do 8 storybooks cost (in ₹)?
  10. 10.How many paise are there in ₹10.50?
  11. 11.8 samosas cost ₹136. How much do 10 samosas cost (in ₹)?
  12. 12.Price list: toffee ₹1, sticker sheet ₹5, ice candy ₹10, notebook ₹25.
    Which item costs the most?
    (a) toffee (b) notebook (c) ice candy (d) sticker sheet
  13. 13.₹290 + ₹260 =
  14. 14.Zoya has ₹20. A glue stick costs ₹17. Does Zoya have enough money to buy it? (a) Yes (b) No
  15. 15.Of a ₹7000 monthly budget, 30% goes on school fees and 50% on travel. The rest is saved. What percent is saved?
  16. 16.₹56 + ₹40 =
  17. 17.Saanvi’s class stall spends ₹295 to make 11 greeting cards and sells all of them at ₹25 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
  18. 18.Manav keeps ₹1200 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
  19. 19.Diya has ₹5. An eraser costs ₹2. Does Diya have enough money to buy it? (a) No (b) Yes
  20. 20.Priya’s passbook:
    Opening balance: ₹1900
    Credit (money in): ₹850
    Debit (money out): ₹?
    Closing balance: ₹550
    How many rupees was the debit?
  21. 21.After 10% off, a raincoat costs ₹414. What was the price before the sale (in ₹)?
  22. 22.Gurpreet has 6 coins of ₹5. How many rupees does Gurpreet have?
  23. 23.A stall pays ₹12 for each paper bookmark and sells each one for ₹17. It sells 11 paper bookmarks. What is the total profit (in ₹)?
  24. 24.Vivaan has ₹380 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Vivaan can buy?
  25. 25.Which is the same money as one ₹20 note? (a) four 10-rupee notes (b) two 10-rupee notes (c) three 10-rupee notes
  26. 26.Price list: ice candy ₹9, banana ₹4, crayon box ₹35, ruler ₹13.
    Isha has ₹50 and buys a crayon box. How many rupees are left?
  27. 27.Vivaan has ₹2. A toffee costs ₹1. Does Vivaan have enough money to buy it? (a) No (b) Yes
  28. 28.Kavya has ₹850. First Kavya pays for needs: a lunch box (₹120) and school shoes (₹150). How many rupees are left for wants?
  29. 29.Kavya pays a bill of ₹1000 by UPI. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
  30. 30.Kavya wants a board game that costs ₹335, has ₹10 already and saves ₹50 every week. In how many weeks will Kavya have enough?
  31. 31.₹500 earns 8% simple interest per year. In how many years will the interest be ₹120?
  32. 32.Aarav spends ₹120 to start a stall and sells each paper bookmark for ₹10. What is the smallest number Aarav must sell to get back the ₹120?
  33. 33.Rohan’s class stall spends ₹250 to make 26 plates of bhel and sells all of them at ₹10 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
  34. 34.A 10 kg bag of tomatoes costs ₹570. A 5 kg bag costs ₹195. How many rupees per kg do you save with the cheaper bag?
  35. 35.Aarav’s passbook:
    Opening balance: ₹4900
    Debit: ₹400
    Credit: ₹50
    Credit: ₹450
    Credit: ₹350
    What is the total of all the debits (in ₹)?
  36. 36.Kavya’s mother has ₹1000 in her bank account. She pays ₹140 for fruit and ₹200 for milk by UPI. How many rupees are left in the account?
  37. 37.Rohan had ₹12. Rohan spent ₹7 on a pencil. How many rupees are left?
  38. 38.Which is the smallest amount: ₹26, ₹98 or ₹68? (a) 26 rupees (b) 98 rupees (c) 68 rupees
  39. 39.A banana costs ₹4. Aditya pays ₹10. How much change does Aditya get (in ₹)?
  40. 40.How many storybooks can you buy with ₹1045 if one costs ₹95?

Answer key

  1. 6
  2. 7000
  3. 73
  4. 195
  5. 3
  6. 39
  7. 1
  8. 3560
  9. 920
  10. 1050
  11. 170
  12. notebook
  13. 550
  14. Yes
  15. 20
  16. 96
  17. Loss
  18. 252
  19. Yes
  20. 2200
  21. 460
  22. 30
  23. 55
  24. 25
  25. two 10-rupee notes
  26. 15
  27. Yes
  28. 580
  29. Debit
  30. 7
  31. 3
  32. 12
  33. Profit
  34. 18
  35. 400
  36. 660
  37. 5
  38. 26 rupees
  39. 6
  40. 11

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