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.Kavya sells 31 friendship bands at ₹5 each. How many rupees does Kavya get?
- 2.Ishaan is making a shopping list. Which of these is a want? (a) a schoolbag (b) drinking water (c) rice and dal (d) a third cricket bat
- 3.Rahul is making a shopping list. Which of these is a want? (a) bus fare to school (b) designer sunglasses (c) a schoolbag (d) rice and dal
- 4.Which is the biggest amount: ₹38, ₹31 or ₹72? (a) 72 rupees (b) 31 rupees (c) 38 rupees
- 5.Karan has 7 notes of ₹20. How many rupees does Karan have?
- 6.One ice candy costs ₹9. A pack of 3 ice candies costs ₹24. How many rupees do you save by buying the pack instead of 3 single ones?
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7.Saanvi’s passbook:
Opening balance: ₹4000
Debit: ₹200
Debit: ₹100
Credit: ₹350
Credit: ₹350
What is the closing balance (in ₹)? - 8.A storybook costs ₹84. Pooja has ₹10 and ₹5. How many more rupees does Pooja need?
- 9.10 pens cost ₹170. What does one pen cost (in ₹)?
- 10.How many ₹5 coins make a ₹50 note?
- 11.A dozen (12) guavas cost ₹84. What does one cost (in ₹)?
- 12.How many paise are there in ₹15.50?
- 13.Lakshmi spends ₹210 of ₹700 pocket money on books. What percent is that?
- 14.Arjun takes out ₹200 from an ATM. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 15.Karan buys a notebook (₹60), a samosa (₹12), a colour pencil set (₹60) and a geometry box (₹120). What is the total (in ₹)?
- 16.₹20 + ₹20 + ₹26 =
- 17.Shop A sells 5 geometry boxes for ₹475. Shop B sells 3 geometry boxes for ₹330. Which shop is cheaper for one geometry box? (a) Shop A (b) Shop B
- 18.Karan has 1 note of ₹200 and 1 note of ₹100. How many rupees does Karan have?
- 19.Which is the same money as one ₹10 note? (a) two 5-rupee coins (b) three 5-rupee coins (c) six 5-rupee coins
- 20.A dozen (12) eggs cost ₹84. What does one cost (in ₹)?
- 21.What is the smallest number of coins and notes that make ₹54?
- 22.Farhan had ₹83. Farhan spent ₹25 on a juice box. How many rupees are left?
- 23.How many T-shirts can you buy with ₹500 if one costs ₹250?
- 24.The bill for a pair of socks and a plate of idli is ₹130. A pair of socks costs ₹80. What does the plate of idli cost (in ₹)?
- 25.Shop A sells 3 cricket balls for ₹435. Shop B sells 6 cricket balls for ₹840. What does one cricket ball cost at the cheaper shop (in ₹)?
- 26.Riya saves ₹100 every week for 8 weeks, then buys a wristwatch for ₹390. How many rupees are left?
- 27.Riya has 3 notes of ₹20. Ishaan has 8 notes of ₹50. Who has more money? (a) Ishaan (b) Riya
- 28.₹50 + ₹20 + ₹? = ₹72
- 29.A ruler costs ₹15 and a sharpener costs ₹4. How many rupees more does the ruler cost?
- 30.Shop A sells 2 samosas for ₹28. Shop B sells 4 samosas for ₹80. What does one samosa cost at the cheaper shop (in ₹)?
- 31.Shop A sells 3 pens for ₹66. Shop B sells 4 pens for ₹80. Which shop is cheaper for one pen? (a) Shop A (b) Shop B
- 32.For Sneha, is “designer sunglasses” a need or a want? (a) Need (b) Want
- 33.Which coins and notes make exactly ₹61? (a) 50 + 1 + 1 (b) 50 + 10 + 1 (c) 10 + 1 + 1
- 34.2 friends run a stall selling plates of bhel and make a profit of ₹100. They share it equally. How many rupees does each friend get?
- 35.Which coins and notes make exactly ₹115? (a) 100 + 50 + 10 (b) 100 + 10 + 5 (c) 10 + 5 + 2
- 36.₹300 earns 8% simple interest per year. In how many years will the interest be ₹72?
- 37.Diya wants a bicycle that costs ₹3250. Diya saves ₹250 every week. How many weeks will it take?
- 38.Shop A sells a T-shirt for ₹350 with free delivery. Shop B sells it for ₹300 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 39.₹? + ₹10 + ₹1 = ₹31
- 40.Diya has 2 notes of ₹50, 2 notes of ₹10 and 3 coins of ₹2. How many rupees does Diya have?
Answer key
- 155
- a third cricket bat
- designer sunglasses
- 72 rupees
- 140
- 3
- 4400
- 69
- 17
- 10
- 7
- 1550
- 30
- Debit
- 252
- 66
- Shop A
- 300
- two 5-rupee coins
- 7
- 3
- 58
- 2
- 50
- 140
- 410
- Ishaan
- 2
- 11
- 14
- Shop B
- Want
- 50 + 10 + 1
- 50
- 100 + 10 + 5
- 3
- 13
- Shop A
- 20
- 126
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids