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.Manav wants an art kit that costs ₹400. Manav saves ₹50 every week. How many weeks will it take?
- 2.For Vivaan, is “a new party dress” a need or a want? (a) Need (b) Want
- 3.The bill for 3 samosas and a colour pencil set is ₹108. A samosa costs ₹16. What does the colour pencil set cost (in ₹)?
- 4.Nisha has 3 notes of ₹50, 3 notes of ₹10 and 5 coins of ₹1. How many rupees does Nisha have?
- 5.Arjun keeps ₹600 in a bank. After 3 years the simple interest is ₹180. What is the rate of interest per year (in %)?
- 6.Which is worth the least: a ₹1 coin, a ₹10 coin or a ₹5 coin? (a) 1-rupee coin (b) 5-rupee coin (c) 10-rupee coin
- 7.Nisha spends ₹15 of ₹300 pocket money on books. What percent is that?
- 8.Which is the same money as one ₹200 note? (a) four 50-rupee notes (b) six 50-rupee notes (c) three 50-rupee notes
- 9.Isha has one ₹100 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 10.Shop A sells a school bag for ₹625 with free delivery. Shop B sells it for ₹600 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 11.₹250 − ₹130 =
- 12.₹12.50 − ₹9.50 =
- 13.Farhan has ₹370 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Farhan can buy?
- 14.Rohan has 3 notes of ₹100. Vivaan has 2 notes of ₹10. How many more rupees does Rohan have?
- 15.For Isha, is “a third cricket bat” a need or a want? (a) Want (b) Need
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16.Ananya’s passbook:
Opening balance: ₹2000
Credit (money in): ₹1000
Debit (money out): ₹2800
What is the balance now (in ₹)? - 17.Shop A sells 6 geometry boxes for ₹780. Shop B sells 2 geometry boxes for ₹230. What does one geometry box cost at the cheaper shop (in ₹)?
- 18.Count up to find the change from ₹100: ₹11 + ₹? = ₹100
- 19.Gurpreet buys a sharpener for ₹8 and a juice box for ₹30, and pays ₹50. How much change does Gurpreet get (in ₹)?
- 20.The bill for 3 pairs of socks and a water bottle is ₹415. A pair of socks costs ₹65. What does the water bottle cost (in ₹)?
- 21.Kabir has 3 notes of ₹200, 3 notes of ₹10 and 3 coins of ₹1. How many rupees does Kabir have?
- 22.Meera has ₹2. An eraser costs ₹3. Does Meera have enough money to buy it? (a) No (b) Yes
- 23.₹5 + ₹? + ₹20 = ₹35
- 24.Diya wants a bicycle that costs ₹3150. Diya saves ₹450 every week. How many weeks will it take?
- 25.₹27 + ₹31 =
- 26.How many notes of ₹200 make ₹400?
- 27.Which is worth more: a ₹20 coin or a ₹500 note? (a) 500-rupee note (b) 20-rupee coin
- 28.Shop A sells a water bottle for ₹180 with free delivery. Shop B sells it for ₹240 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
- 29.A study lamp costs ₹320. Offer 1: 20% off. Offer 2: ₹20 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 30.Tara has ₹450. First Tara pays for needs: a lunch box (₹90) and a geometry box (₹80). How many rupees are left for wants?
- 31.Diya buys a football (₹305), a notebook (₹40), a cricket ball (₹140) and a water bottle (₹235). What is the total (in ₹)?
- 32.Aarav gets ₹75 pocket money every week. How many rupees is that in 8 weeks?
- 33.How many coins of ₹20 does Meera need to make ₹180?
- 34.Manav saves ₹90 every week for 7 weeks, then buys a storybook set for ₹540. How many rupees are left?
- 35.Tara’s mother has ₹2900 in her bank account. She pays ₹290 for bread and ₹100 for fruit by UPI. How many rupees are left in the account?
- 36.Vivaan wants a board game that costs ₹460. Vivaan saves ₹20 every week. How many weeks will it take?
- 37.One geometry box costs ₹120. How much do 3 geometry boxes cost (in ₹)?
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38.Ananya’s shop bill:
1 school bag at ₹620
2 samosas at ₹12 each
2 cricket balls at ₹135 each
What is the total bill (in ₹)? - 39.Which coins and notes make exactly ₹16? (a) 10 + 5 + 1 (b) 100 + 10 + 1 (c) 5 + 1 + 1
- 40.Diya wants a storybook set that costs ₹580, has ₹50 already and saves ₹20 every week. In how many weeks will Diya have enough?
Answer key
- 8
- Want
- 60
- 185
- 10
- 1-rupee coin
- 5
- four 50-rupee notes
- Note
- Shop A
- 120
- 3
- 7
- 280
- Want
- 200
- 115
- 89
- 12
- 220
- 633
- No
- 10
- 7
- 58
- 2
- 500-rupee note
- 110
- Offer 1
- 280
- 720
- 600
- 9
- 90
- 2510
- 23
- 360
- 914
- 10 + 5 + 1
- 27
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids