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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 999 · 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.Someone online asks Karan for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) A friend at school (c) No one
  2. 2.Meera keeps ₹100 in a bank. After 4 years the simple interest is ₹20. What is the rate of interest per year (in %)?
  3. 3.How many cricket balls can you buy with ₹870 if one costs ₹145?
  4. 4.5 pens cost ₹85. How much do 6 pens cost (in ₹)?
  5. 5.How many coins of ₹2 does Kabir need to make ₹10?
  6. 6.Lakshmi wants a football that costs ₹335, has ₹100 already and saves ₹30 every week. In how many weeks will Lakshmi have enough?
  7. 7.₹320 − ₹40 =
  8. 8.Which is the same money as one ₹20 note? (a) five 10-rupee notes (b) four 10-rupee notes (c) two 10-rupee notes
  9. 9.₹16 − ₹4.50 =
  10. 10.Tara makes 2 clay diyas an hour and sells each one for ₹15. How many rupees can Tara earn from 2 hours of work?
  11. 11.Shop A sells 2 mangoes for ₹50. Shop B sells 3 mangoes for ₹90. What does one mango cost at the cheaper shop (in ₹)?
  12. 12.Price list: ice candy ₹9, balloon ₹8, biscuit packet ₹17, banana ₹6.
    Which item costs the least?     (a) banana (b) ice candy (c) balloon (d) biscuit packet
  13. 13.Price list: balloon ₹5, eraser ₹3, pencil ₹4, sharpener ₹8.
    How much do an eraser and a pencil cost together (in ₹)?
  14. 14.Diya buys a lunch box for ₹285 and a plate of idli for ₹55, and pays with a ₹500 note. How much change does Diya get (in ₹)?
  15. 15.Aarav’s father is sending ₹5000 to a friend by UPI. What should he check before he pays? (a) Only the phone colour (b) The name and amount (c) Nothing at all
  16. 16.Joseph has 5 notes of ₹100. How many rupees does Joseph have?
  17. 17.Lakshmi keeps ₹1900 in a bank. After 1 year the simple interest is ₹114. What is the rate of interest per year (in %)?
  18. 18.After 10% off, a cricket bat costs ₹648. What was the price before the sale (in ₹)?
  19. 19.What is the smallest number of coins and notes that make ₹150?
  20. 20.A stall pays ₹7 for each greeting card and sells each one for ₹16. It sells 39 greeting cards. What is the total profit (in ₹)?
  21. 21.Manav keeps ₹1900 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
  22. 22.Saanvi buys 2 plates of idli at ₹35 each and pays with a ₹500 note. How much change does Saanvi get (in ₹)?
  23. 23.Riya gets ₹11 every day. How many rupees is that in one week (7 days)?
  24. 24.Of a ₹22000 monthly budget, 25% goes on rent and 20% on food. The rest is saved. What percent is saved?
  25. 25.Dev has one ₹200 piece of money. Is it a coin or a note? (a) Note (b) Coin
  26. 26.Count up to find the change from ₹50: ₹36 + ₹? = ₹50
  27. 27.Tara wants a bicycle that costs ₹3450. Tara saves ₹150 every week. How many weeks will it take?
  28. 28.Riya buys an eraser for ₹2 and a juice box for ₹20, and pays ₹50. How much change does Riya get (in ₹)?
  29. 29.Rahul has 10 coins of ₹1. How many rupees does Rahul have?
  30. 30.₹25 + ₹26 =
  31. 31.Of a ₹36000 monthly budget, 20% goes on clothes and 30% on food. The rest is saved. What percent is saved?
  32. 32.A family plans ₹29000 for the month. 10% of it is for clothes. How many rupees is that?
  33. 33.Diya has ₹800. First Diya pays for needs: a geometry box (₹190) and a school uniform (₹210). How many rupees are left for wants?
  34. 34.Diya gets ₹200 pocket money every month. How many rupees is that in one year (12 months)?
  35. 35.One cricket ball costs ₹115. How much do 2 cricket balls cost (in ₹)?
  36. 36.A family plans ₹37000 for the month. 40% of it is for clothes. How many rupees is that?
  37. 37.A dozen (12) pencils cost ₹96. What does one cost (in ₹)?
  38. 38.Joseph’s mother has ₹2000 in her bank account. She pays ₹180 for school books and ₹130 for a gas cylinder by UPI. How many rupees are left in the account?
  39. 39.How many coins of ₹10 does Tara need to make ₹70?
  40. 40.A 10 kg bag of dal costs ₹1390. A 2 kg bag costs ₹208. How many rupees per kg do you save with the cheaper bag?

Answer key

  1. No one
  2. 5
  3. 6
  4. 102
  5. 5
  6. 8
  7. 280
  8. two 10-rupee notes
  9. 11.5
  10. 60
  11. 25
  12. banana
  13. 7
  14. 160
  15. The name and amount
  16. 500
  17. 6
  18. 720
  19. 2
  20. 351
  21. 76
  22. 430
  23. 77
  24. 55
  25. Note
  26. 14
  27. 23
  28. 28
  29. 10
  30. 51
  31. 50
  32. 2900
  33. 400
  34. 2400
  35. 230
  36. 14800
  37. 8
  38. 1690
  39. 7
  40. 35

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