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.A dozen (12) pencils cost ₹72. What does one cost (in ₹)?
- 2.After 10% off, a study lamp costs ₹522. What was the price before the sale (in ₹)?
- 3.₹1900 earns 9% simple interest per year. In how many years will the interest be ₹342?
- 4.₹2000 earns 5% simple interest per year. In how many years will the interest be ₹300?
- 5.What is the smallest number of coins and notes that make ₹169?
- 6.₹6.50 + ₹15.50 =
- 7.Shop A sells 2 cricket balls for ₹250. Shop B sells 4 cricket balls for ₹460. Which shop is cheaper for one cricket ball? (a) Shop B (b) Shop A
- 8.A family plans ₹37000 for the month. 20% of it is for food. How many rupees is that?
- 9.Of a ₹26000 monthly budget, 10% goes on clothes and 30% on school fees. The rest is saved. What percent is saved?
- 10.How many coins of ₹2 does Isha need to make ₹20?
- 11.Zoya has ₹850. First Zoya pays for needs: a raincoat (₹130) and notebooks (₹50). How many rupees are left for wants?
- 12.Which is worth the most: a ₹2 coin, a ₹50 note or a ₹200 note? (a) 50-rupee note (b) 200-rupee note (c) 2-rupee coin
- 13.Ishaan is making a shopping list. Which of these is a want? (a) toothpaste (b) bus fare to school (c) sweets every day (d) drinking water
- 14.Farhan has 8 notes of ₹20. Priya has 9 coins of ₹5. Who has more money? (a) Farhan (b) Priya
- 15.Gurpreet has ₹500. First Gurpreet pays for needs: a lunch box (₹110) and school shoes (₹150). How many rupees are left for wants?
- 16.₹290 − ₹60 =
- 17.Rohan saves ₹80 every week for 5 weeks, then buys a bicycle for ₹210. How many rupees are left?
- 18.One paper clip costs 50 paise. How many rupees do 10 paper clips cost? =
- 19.Which coins and notes make exactly ₹32? (a) 20 + 10 + 10 (b) 100 + 20 + 10 (c) 20 + 10 + 2
- 20.How many paise are there in ₹4.50?
- 21.Pooja wants an art kit that costs ₹265, has ₹20 already and saves ₹90 every week. In how many weeks will Pooja have enough?
- 22.A notebook costs ₹35 and a sharpener costs ₹4. How many rupees more does the notebook cost?
- 23.Kabir makes 6 friendship bands an hour and sells each one for ₹10. How many rupees can Kabir earn from 3 hours of work?
- 24.A day trip costs ₹1740 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
-
25.Priya’s shop bill:
1 pen at ₹11
3 plates of idli at ₹40 each
2 water bottles at ₹245 each
What is the total bill (in ₹)? - 26.Which is the biggest amount: ₹29, ₹23 or ₹30? (a) 29 rupees (b) 23 rupees (c) 30 rupees
- 27.Isha has 7 coins of ₹5. Saanvi has 7 coins of ₹1. How many more rupees does Isha have?
- 28.Ananya keeps ₹600 in a bank. After 1 year the simple interest is ₹12. What is the rate of interest per year (in %)?
- 29.₹22 + ₹67 =
- 30.Of a ₹28000 monthly budget, 50% goes on food and 5% on rent. The rest is saved. How many rupees are saved?
- 31.A 10 kg bag of sugar costs ₹460. A 5 kg bag costs ₹250. How many rupees per kg do you save with the cheaper bag?
- 32.Isha had ₹53. Isha spent ₹12 on a biscuit packet. How many rupees are left?
- 33.Gurpreet buys 5 toffees at ₹2 each and pays ₹20. How much change does Gurpreet get (in ₹)?
- 34.4 friends run a stall selling cups of lemonade and make a profit of ₹1640. They share it equally. How many rupees does each friend get?
- 35.Nisha saves ₹30 every week for 7 weeks, then buys a cricket bat for ₹60. How many rupees are left?
- 36.7 notebooks cost ₹385. How much do 8 notebooks cost (in ₹)?
- 37.A 10 kg bag of onions costs ₹220. A 5 kg bag costs ₹265. How many rupees per kg do you save with the cheaper bag?
- 38.A dozen (12) bananas cost ₹96. What does one cost (in ₹)?
- 39.Ananya buys a glue stick for ₹23 and a samosa for ₹10. How many rupees does Ananya spend in all?
- 40.Meera’s mother scans a shop’s QR code to pay ₹50000. What should she check before she pays? (a) The name of the shop (b) Nothing, just pay (c) The colour of the code
Answer key
- 6
- 580
- 2
- 3
- 6
- 22
- Shop B
- 7400
- 60
- 10
- 670
- 200-rupee note
- sweets every day
- Farhan
- 240
- 230
- 190
- 5
- 20 + 10 + 2
- 450
- 3
- 31
- 180
- 580
- 621
- 30 rupees
- 28
- 2
- 89
- 12600
- 4
- 41
- 10
- 410
- 150
- 440
- 31
- 8
- 33
- The name of the shop
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids