Financial Literacy Test Worksheet
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.Saanvi wants an art kit that costs ₹425, has ₹110 already and saves ₹50 every week. In how many weeks will Saanvi have enough?
- 2.What do 4 pairs of socks at ₹80 each and 3 water bottles at ₹245 each cost in all (in ₹)?
- 3.An eraser costs ₹4 and a toffee costs ₹1. How many rupees more does the eraser cost?
- 4.Kavya has ₹1700. In a piggy bank it stays ₹1700. In a bank at 7% simple interest per year, how many rupees more will Kavya have after 3 years?
- 5.Joseph has one ₹1 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 6.6 colour pencil sets cost ₹600. What does one colour pencil set cost (in ₹)?
- 7.Riya buys a mango for ₹20 and a plate of idli for ₹45, and pays with a ₹500 note. How much change does Riya get (in ₹)?
- 8.Meera is making a shopping list. Which of these is a need? (a) sweets every day (b) school shoes (c) a bigger TV (d) a video game
- 9.Diya has 4 notes of ₹100 and 1 note of ₹20. How many rupees does Diya have?
-
10.Dev’s passbook:
Opening balance: ₹1300
Credit (money in): ₹950
Debit (money out): ₹?
Closing balance: ₹550
How many rupees was the debit? -
11.Sneha’s shop bill:
4 mangoes at ₹40 each
1 cricket ball at ₹140
4 lunch boxes at ₹215 each
What is the total bill (in ₹)? - 12.A family plans ₹24000 for the month. 10% of it is for travel. How many rupees is that?
- 13.Karan gets ₹40 a week, spends ₹5 each week and saves the rest. How many rupees has Karan saved after 3 weeks?
- 14.Aditya buys a biscuit packet for ₹15 and a juice box for ₹30. How many rupees does Aditya spend in all?
- 15.For Rohan, is “a raincoat” a need or a want? (a) Need (b) Want
- 16.10 children go on a school trip to the fort. The bus costs ₹40 for each child and the ticket costs ₹25 for each child. What is the total cost (in ₹)?
- 17.39 children go on a school trip to the science park. The bus costs ₹30 for each child and the ticket costs ₹40 for each child. What is the total cost (in ₹)?
- 18.Pooja had ₹99. Pooja spent ₹9 on a ruler. How many rupees are left?
- 19.How many ₹1 coins make a ₹10 coin?
- 20.How many samosas can you buy with ₹39 if one costs ₹13?
- 21.What do 5 water bottles at ₹190 each and 2 geometry boxes at ₹130 each cost in all (in ₹)?
- 22.Rohan is making a shopping list. Which of these is a need? (a) medicine when ill (b) a third cricket bat (c) a glitter pen set (d) sweets every day
- 23.What do 5 pairs of socks at ₹70 each and 3 samosas at ₹13 each cost in all (in ₹)?
- 24.A dozen (12) oranges cost ₹96. What does one cost (in ₹)?
- 25.Vivaan has ₹500 for a picnic. Food costs ₹210 and tickets cost ₹310. Is ₹500 enough? (a) Yes (b) No
- 26.Kabir keeps ₹500 in a bank. After 5 years the simple interest is ₹225. What is the rate of interest per year (in %)?
- 27.A pair of shoes costs ₹600. The shop gives 20% off. How many rupees is the discount?
- 28.Lakshmi gets ₹50 a week, spends ₹5 each week and saves the rest. How many rupees has Lakshmi saved after 3 weeks?
- 29.₹270 + ₹310 =
- 30.Shop A sells a cricket ball for ₹145 with free delivery. Shop B sells it for ₹125 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 31.An eraser costs ₹2. Diya pays ₹10. How much change does Diya get (in ₹)?
- 32.Shop A sells a T-shirt for ₹320 with free delivery. Shop B sells it for ₹300 plus ₹80 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 33.Rohan has ₹3. A banana costs ₹5. Does Rohan have enough money to buy it? (a) Yes (b) No
- 34.Shop A sells a water bottle for ₹135 with free delivery. Shop B sells it for ₹120 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
-
35.Kabir’s passbook:
Opening balance: ₹3400
Credit (money in): ₹300
Debit (money out): ₹800
What is the balance now (in ₹)? - 36.Pooja’s mother has ₹1700 in her bank account. She pays ₹200 for fruit and ₹240 for a gas cylinder by UPI. How many rupees are left in the account?
- 37.Priya has ₹240 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Priya can buy?
- 38.19 children go on a school trip to the planetarium. The bus costs ₹100 for each child and the ticket costs ₹45 for each child. What is the total cost (in ₹)?
-
39.Price list: toffee ₹1, biscuit packet ₹10, pencil ₹5, samosa ₹20.
How much do 3 pencils cost (in ₹)? - 40.For Priya, is “a raincoat” a need or a want? (a) Want (b) Need
Answer key
- 7
- 1055
- 3
- 357
- Coin
- 100
- 435
- school shoes
- 420
- 1700
- 1160
- 2400
- 105
- 45
- Need
- 650
- 2730
- 90
- 10
- 3
- 1210
- medicine when ill
- 389
- 8
- No
- 9
- 120
- 135
- 580
- Shop A
- 8
- Shop A
- No
- Shop A
- 2900
- 1260
- 16
- 2755
- 15
- Need
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids