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.Which is the same money as one ₹50 note? (a) five 10-rupee notes (b) two 10-rupee notes (c) six 10-rupee notes
- 2.Ananya keeps ₹200 in a bank at 4% simple interest per year. How much money will there be after 5 years (in ₹)?
- 3.₹18.50 − ₹1 =
- 4.A dozen (12) oranges cost ₹108. What does one cost (in ₹)?
- 5.For Saanvi, is “bus fare to school” a need or a want? (a) Want (b) Need
- 6.Riya has ₹400. First Riya pays for needs: a lunch box (₹80) and notebooks (₹100). How many rupees are left for wants?
- 7.A dozen (12) pencils cost ₹84. What does one cost (in ₹)?
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8.Price list: pencil ₹4, sharpener ₹8, banana ₹6, crayon box ₹30.
Which item costs the most? (a) banana (b) pencil (c) crayon box (d) sharpener - 9.The bill for 2 water bottles and a geometry box is ₹390. A water bottle costs ₹125. What does the geometry box cost (in ₹)?
- 10.The bill for a plate of idli and a lunch box is ₹275. A plate of idli costs ₹30. What does the lunch box cost (in ₹)?
- 11.₹200 earns 9% simple interest per year. In how many years will the interest be ₹36?
- 12.Ishaan has 4 notes of ₹100, 4 notes of ₹20 and 1 coin of ₹5. How many rupees does Ishaan have?
- 13.₹? + ₹10 + ₹1 = ₹61
- 14.A family plans ₹48000 for the month. 25% of it is for electricity. How many rupees is that?
- 15.Count up to find the change from ₹200: ₹34 + ₹? = ₹200
- 16.A dozen (12) oranges cost ₹120. What does one cost (in ₹)?
- 17.One badminton racket costs ₹330. How much do 8 badminton rackets cost (in ₹)?
- 18.Ananya has 7 coins of ₹5. Tara has 5 notes of ₹10. Who has less money? (a) Ananya (b) Tara
- 19.Rahul had ₹91. Rahul spent ₹20 on a juice box. How many rupees are left?
- 20.Saanvi buys 4 samosas at ₹15 each and pays with a ₹200 note. How much change does Saanvi get (in ₹)?
- 21.Rohan’s mother scans a shop’s QR code to pay ₹500. What should she check before she pays? (a) The name of the shop (b) The colour of the code (c) Nothing, just pay
- 22.Farhan buys a school bag (₹475), a samosa (₹12), a colour pencil set (₹60) and a football (₹350). What is the total (in ₹)?
- 23.Rahul keeps ₹1000 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
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24.Price list: crayon box ₹35, ice candy ₹11, juice box ₹20, balloon ₹6.
How much do 3 balloons cost (in ₹)? -
25.Aarav’s passbook:
Opening balance: ₹4400
Debit: ₹250
Debit: ₹150
Credit: ₹150
Credit: ₹300
What is the closing balance (in ₹)? - 26.8 samosas cost ₹136. How much do 4 samosas cost (in ₹)?
- 27.What do 4 cricket balls at ₹120 each and 3 mangoes at ₹30 each cost in all (in ₹)?
- 28.Aarav buys a sharpener for ₹7 and an ice candy for ₹11. How many rupees does Aarav spend in all?
- 29.Pooja buys a pair of socks (₹55), a T-shirt (₹315), a geometry box (₹100) and a cricket ball (₹135). What is the total (in ₹)?
- 30.8 pairs of socks cost ₹600. How much do 4 pairs of socks cost (in ₹)?
- 31.Priya gets ₹30 a week, spends ₹25 each week and saves the rest. How many rupees has Priya saved after 3 weeks?
- 32.How many coins of ₹5 does Kavya need to make ₹35?
- 33.Which is worth the least: a ₹1 coin, a ₹10 coin or a ₹2 coin? (a) 2-rupee coin (b) 10-rupee coin (c) 1-rupee coin
- 34.Gurpreet has 7 coins of ₹2. How many rupees does Gurpreet have?
- 35.Lakshmi has ₹640 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Lakshmi can buy?
- 36.₹50 + ₹2 + ₹? = ₹72
- 37.₹25 + ₹11 + ₹18 =
- 38.Of a ₹20000 monthly budget, 40% goes on food and 5% on clothes. The rest is saved. What percent is saved?
- 39.Riya buys an eraser for ₹3 and a banana for ₹4. How many rupees does Riya spend in all?
- 40.Isha has ₹950. First Isha pays for needs: a water bottle (₹300) and notebooks (₹290). How many rupees are left for wants?
Answer key
- five 10-rupee notes
- 240
- 17.5
- 9
- Need
- 220
- 7
- crayon box
- 140
- 245
- 2
- 485
- 50
- 12000
- 166
- 10
- 2640
- Ananya
- 71
- 140
- The name of the shop
- 897
- 1120
- 18
- 4450
- 68
- 570
- 18
- 605
- 300
- 15
- 7
- 1-rupee coin
- 14
- 12
- 20
- 54
- 55
- 7
- 360
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids