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.What do 4 notebooks at ₹30 each and 3 T-shirts at ₹285 each cost in all (in ₹)?
- 2.₹90 + ₹110 =
- 3.Isha has 6 coins of ₹20 and 5 coins of ₹1. How many rupees does Isha have?
- 4.A 10 kg bag of onions costs ₹330. A 1 kg bag costs ₹56. Which bag is cheaper per kg? (a) 1 kg bag (b) 10 kg bag
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5.Price list: pencil ₹3, sharpener ₹9, biscuit packet ₹13, crayon box ₹50.
How much do a pencil and a crayon box cost together (in ₹)? - 6.₹46 − ₹28 =
- 7.Manav has 9 notes of ₹100. Arjun has 8 notes of ₹10. How many more rupees does Manav have?
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8.Price list: banana ₹6, notebook ₹40, sharpener ₹7, crayon box ₹30.
How many rupees more does a notebook cost than a banana? - 9.Dev makes 2 greeting cards an hour and sells each one for ₹15. How many rupees can Dev earn from 3 hours of work?
- 10.₹400 earns 9% simple interest per year. In how many years will the interest be ₹108?
- 11.Zoya spends ₹20 of ₹200 pocket money on books. What percent is that?
- 12.For Isha, is “a video game” a need or a want? (a) Want (b) Need
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13.Price list: sharpener ₹5, ice candy ₹12, toffee ₹3, eraser ₹4.
Which item costs the most? (a) toffee (b) sharpener (c) ice candy (d) eraser -
14.Vivaan’s shop bill:
3 footballs at ₹255 each
2 lunch boxes at ₹180 each
1 notebook at ₹40
What is the total bill (in ₹)? - 15.6 pens cost ₹102. How much do 3 pens cost (in ₹)?
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16.Ishaan’s passbook:
Opening balance: ₹800
Credit (money in): ₹600
Debit (money out): ₹250
What is the balance now (in ₹)? - 17.Ishaan gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Ishaan do? (a) Send it by message (b) Never share the OTP (c) Read the OTP out
- 18.Aditya is making a shopping list. Which of these is a need? (a) sweets every day (b) a new party dress (c) a sticker album (d) a schoolbag
- 19.Rahul has ₹2. A pencil costs ₹4. Does Rahul have enough money to buy it? (a) Yes (b) No
- 20.Tara wants a gift for Mum that costs ₹270, has ₹10 already and saves ₹30 every week. In how many weeks will Tara have enough?
- 21.A day trip costs ₹2480 in all. 8 friends share the cost equally. How much does each friend pay (in ₹)?
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22.Price list: toffee ₹2, ice candy ₹10, crayon box ₹35, sharpener ₹5.
How much do a toffee and an ice candy cost together (in ₹)? - 23.Joseph buys a pair of socks for ₹65 and pays with a ₹100 note. How much change does Joseph get (in ₹)?
- 24.A 10 kg bag of sugar costs ₹420. A 1 kg bag costs ₹49. How many rupees per kg do you save with the cheaper bag?
- 25.₹? + ₹10 + ₹1 = ₹61
- 26.How many ₹5 coins make a ₹10 coin?
- 27.One crayon box costs ₹35. A pack of 3 crayon boxes costs ₹104. How many rupees do you save by buying the pack instead of 3 single ones?
- 28.What is the smallest number of coins and notes that make ₹178?
- 29.Priya buys a pen for ₹14 and pays with a ₹100 note. How much change does Priya get (in ₹)?
- 30.Rohan has 4 notes of ₹50 and 1 note of ₹10. How many rupees does Rohan have?
- 31.Arjun buys 4 rulers at ₹11 each and pays ₹50. How much change does Arjun get (in ₹)?
- 32.Dev keeps ₹300 in a bank. After 5 years the simple interest is ₹135. What is the rate of interest per year (in %)?
- 33.How many ₹20 notes make a ₹200 note?
- 34.Shop A sells 5 geometry boxes for ₹450. Shop B sells 3 geometry boxes for ₹435. What does one geometry box cost at the cheaper shop (in ₹)?
- 35.A football costs ₹280. The shop gives 10% off. What is the sale price (in ₹)?
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36.Farhan’s passbook:
Opening balance: ₹3100
Credit (money in): ₹750
Debit (money out): ₹?
Closing balance: ₹3700
How many rupees was the debit? - 37.A pair of shoes costs ₹280. The shop gives 20% off. What is the sale price (in ₹)?
- 38.2 friends run a stall selling plates of bhel and make a profit of ₹300. They share it equally. How many rupees does each friend get?
- 39.A family plans ₹36000 for the month. 5% of it is for food. How many rupees is that?
- 40.Shop A sells a badminton racket for ₹340 with free delivery. Shop B sells it for ₹430 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
Answer key
- 975
- 200
- 125
- 10 kg bag
- 53
- 18
- 820
- 34
- 90
- 3
- 10
- Want
- ice candy
- 1165
- 51
- 1150
- Never share the OTP
- a schoolbag
- No
- 9
- 310
- 12
- 35
- 7
- 50
- 2
- 1
- 6
- 86
- 210
- 6
- 9
- 10
- 90
- 252
- 150
- 224
- 150
- 1800
- Shop A
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids