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
- 1.3 geometry boxes cost ₹360. How much do 4 geometry boxes cost (in ₹)?
- 2.Joseph has 9 notes of ₹20. How many rupees does Joseph have?
- 3.Rohan gets ₹10 pocket money every week. How many rupees is that in 10 weeks?
- 4.How many notebooks can you buy with ₹120 if one costs ₹30?
- 5.Riya has 1 note of ₹500 and 4 notes of ₹50. How many rupees does Riya have?
- 6.Arjun’s piggy bank has 2 coins of ₹10, 5 coins of ₹5 and 4 coins of ₹1. How many rupees are in it?
- 7.Diya has ₹1600. In a piggy bank it stays ₹1600. In a bank at 9% simple interest per year, how many rupees more will Diya have after 5 years?
- 8.A dozen (12) pencils cost ₹48. What does one cost (in ₹)?
- 9.For Manav, is “drinking water” a need or a want? (a) Need (b) Want
- 10.A 1 kg bag of dal costs ₹139. A 2 kg bag costs ₹206. How many rupees per kg do you save with the cheaper bag?
- 11.Dev has 4 coins of ₹1 and 3 coins of ₹10. How many rupees does Dev have?
- 12.A juice box costs ₹30. Diya pays ₹50. How much change does Diya get (in ₹)?
- 13.After 20% off, a jacket costs ₹160. What was the price before the sale (in ₹)?
- 14.Nisha’s piggy bank has 4 coins of ₹20, 3 coins of ₹2 and 3 coins of ₹1. How many rupees are in it?
- 15.Kavya gets ₹95 pocket money every week. How many rupees is that in 3 weeks?
- 16.Kabir wants a storybook set that costs ₹460. Kabir saves ₹20 every week. How many weeks will it take?
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17.Diya’s passbook:
Opening balance: ₹4800
Credit (money in): ₹250
Debit (money out): ₹2550
What is the balance now (in ₹)? -
18.Price list: pencil ₹6, eraser ₹5, kite ₹22, banana ₹8.
How much do a banana and an eraser cost together (in ₹)? - 19.One small sweet costs 50 paise. How many rupees do 6 small sweets cost? =
- 20.Joseph has 6 notes of ₹100. Gurpreet has 8 coins of ₹5. Who has more money? (a) Gurpreet (b) Joseph
- 21.A toffee costs ₹3. Aditya pays ₹20. How much change does Aditya get (in ₹)?
- 22.Arjun makes 6 clay diyas an hour and sells each one for ₹30. How many rupees can Arjun earn from 1 hour of work?
- 23.A ruler costs ₹8. Aarav pays ₹20. How much change does Aarav get (in ₹)?
- 24.Gurpreet keeps ₹1800 in a bank. After 3 years the simple interest is ₹108. What is the rate of interest per year (in %)?
- 25.Isha’s class stall spends ₹420 to make 16 cups of lemonade and sells all of them at ₹25 each. What is the loss (in ₹)?
- 26.Shop A sells 3 cricket balls for ₹360. Shop B sells 2 cricket balls for ₹210. What does one cricket ball cost at the cheaper shop (in ₹)?
- 27.A colouring book costs ₹62. Kabir has ₹10 and ₹2. How many more rupees does Kabir need?
- 28.Kavya keeps ₹200 in a bank at 8% simple interest per year. How much money will there be after 1 year (in ₹)?
- 29.Shop A sells 4 samosas for ₹68. Shop B sells 2 samosas for ₹36. Which shop is cheaper for one samosa? (a) Shop B (b) Shop A
- 30.Lakshmi got ₹900 in 10 weeks, the same amount every week. How many rupees is that each week?
- 31.Vivaan has a budget of ₹2000 for a birthday party. The balloons cost ₹210, the decorations cost ₹30 and the snacks cost ₹440. How many rupees are left?
- 32.Kabir’s piggy bank has 5 coins of ₹20, 1 coin of ₹5 and 4 coins of ₹1. How many rupees are in it?
- 33.After 10% off, a football costs ₹126. What was the price before the sale (in ₹)?
- 34.Arjun has ₹21. A samosa costs ₹16. Does Arjun have enough money to buy it? (a) No (b) Yes
- 35.A study lamp costs ₹580. The shop gives 50% off. How many rupees is the discount?
- 36.20 children go on a school trip to the science park. The bus costs ₹90 for each child and the ticket costs ₹40 for each child. What is the total cost (in ₹)?
- 37.There are 21 children in a class. Each child needs one plate of idli at ₹30. What is the total cost (in ₹)?
- 38.Sneha buys a glue stick for ₹19 and an ice candy for ₹12, and pays ₹50. How much change does Sneha get (in ₹)?
- 39.Ishaan buys a mango for ₹25 and pays with a ₹100 note. How much change does Ishaan get (in ₹)?
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40.Price list: balloon ₹10, pencil ₹3, glue stick ₹17, toffee ₹1.
Which item costs the least? (a) glue stick (b) pencil (c) toffee (d) balloon
Answer key
- 480
- 180
- 100
- 4
- 700
- 49
- 720
- 4
- Need
- 36
- 34
- 20
- 200
- 89
- 285
- 23
- 2500
- 13
- 3
- Joseph
- 17
- 180
- 12
- 2
- 20
- 105
- 50
- 216
- Shop A
- 90
- 1320
- 109
- 140
- Yes
- 290
- 2600
- 630
- 19
- 75
- toffee
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids