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.For Karan, is “bus fare to school” a need or a want? (a) Want (b) Need
- 2.Joseph keeps ₹300 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
- 3.700 paise is how many rupees? =
- 4.Rahul buys a sharpener for ₹9 and a glue stick for ₹22, and pays ₹50. How much change does Rahul get (in ₹)?
- 5.1850 paise is how many rupees? =
- 6.₹800 earns 7% simple interest per year. In how many years will the interest be ₹112?
- 7.Tara gets ₹400 pocket money every month. How many rupees is that in one year (12 months)?
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8.Joseph’s shop bill:
2 notebooks at ₹40 each
1 badminton racket at ₹535
1 geometry box at ₹100
What is the total bill (in ₹)? - 9.Ishaan buys 2 water bottles at ₹150 each and pays with a ₹500 note. How much change does Ishaan get (in ₹)?
- 10.Rohan wants to save ₹3150 for a bicycle in 21 weeks, the same amount each week. How many rupees must Rohan save each week?
- 11.Of a ₹36000 monthly budget, 10% goes on electricity and 30% on food. The rest is saved. How many rupees are saved?
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12.Price list: kite ₹11, crayon box ₹50, glue stick ₹15, balloon ₹6.
How much do 2 kites cost (in ₹)? - 13.Arjun buys a banana for ₹4 and a crayon box for ₹35, and pays ₹50. How much change does Arjun get (in ₹)?
- 14.Saanvi had ₹83. Saanvi spent ₹25 on a juice box. How many rupees are left?
- 15.A notebook costs ₹45 and a biscuit packet costs ₹13. How many rupees more does the notebook cost?
- 16.One cricket ball costs ₹105. How much do 7 cricket balls cost (in ₹)?
- 17.3 friends run a stall selling cupcakes and make a profit of ₹1290. They share it equally. How many rupees does each friend get?
- 18.Kavya buys a glue stick for ₹18 and an eraser for ₹2, and pays ₹50. How much change does Kavya get (in ₹)?
- 19.Isha has 2 coins of ₹1. How many rupees does Isha have?
- 20.Which coins and notes make exactly ₹62? (a) 100 + 50 + 2 (b) 100 + 10 + 2 (c) 50 + 10 + 2
- 21.A notebook costs ₹34.50. Rahul pays ₹50. How much change does Rahul get, in rupees? =
- 22.Ananya gets ₹200 pocket money every month. How many rupees is that in one year (12 months)?
- 23.₹31 − ₹18 =
- 24.Pooja buys 2 erasers at ₹4 each and pays ₹20. How much change does Pooja get (in ₹)?
- 25.Joseph spends ₹110 to start a stall and sells each paper bookmark for ₹10. What is the smallest number Joseph must sell to get back the ₹110?
- 26.One water bottle costs ₹200. How much do 2 water bottles cost (in ₹)?
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27.Price list: crayon box ₹40, ice candy ₹13, ruler ₹12, pencil ₹3.
How much do a pencil and a crayon box cost together (in ₹)? - 28.A cricket ball costs ₹140 online. Delivery is ₹30 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 29.Shop A sells 6 mangoes for ₹240. Shop B sells 4 mangoes for ₹100. Which shop is cheaper for one mango? (a) Shop A (b) Shop B
- 30.Kavya is making a shopping list. Which of these is a need? (a) soap (b) a remote-control car (c) designer sunglasses (d) a fancy phone cover
- 31.A family plans ₹12000 for the month. 40% of it is for food. How many rupees is that?
- 32.A dozen (12) eggs cost ₹84. What does one cost (in ₹)?
- 33.Kabir had ₹69. Kabir spent ₹12 on a kite. How many rupees are left?
- 34.10 geometry boxes cost ₹1050. How much do 7 geometry boxes cost (in ₹)?
- 35.Zoya wants to save ₹4700 for a bicycle in 47 weeks, the same amount each week. How many rupees must Zoya save each week?
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36.Isha’s shop bill:
1 badminton racket at ₹550
3 pairs of socks at ₹65 each
1 water bottle at ₹145
What is the total bill (in ₹)? - 37.Dev keeps ₹900 in a bank. After 4 years the simple interest is ₹216. What is the rate of interest per year (in %)?
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38.Price list: glue stick ₹15, toffee ₹3, kite ₹11, crayon box ₹35.
Which item costs the most? (a) crayon box (b) glue stick (c) kite (d) toffee - 39.A raincoat costs ₹980. The shop gives 10% off. What is the sale price (in ₹)?
- 40.Ishaan sells 28 clay diyas at ₹10 each. How many rupees does Ishaan get?
Answer key
- Need
- 327
- 7
- 19
- 18.5
- 2
- 4800
- 715
- 200
- 150
- 21600
- 22
- 11
- 58
- 32
- 735
- 430
- 30
- 2
- 50 + 10 + 2
- 15.5
- 2400
- 13
- 12
- 11
- 400
- 43
- 150
- Shop B
- soap
- 4800
- 7
- 57
- 735
- 100
- 890
- 6
- crayon box
- 882
- 280
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids