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.Ananya has 9 notes of ₹50. How many rupees does Ananya have?
- 2.For Ishaan, is “notebooks for school” a need or a want? (a) Want (b) Need
- 3.Meera has 7 coins of ₹5. How many rupees does Meera have?
- 4.Isha’s class stall spends ₹1000 to make 38 friendship bands and sells all of them at ₹25 each. What is the loss (in ₹)?
- 5.How many coins of ₹10 does Kabir need to make ₹40?
- 6.Kabir buys a plate of idli for ₹30 and pays with a ₹100 note. How much change does Kabir get (in ₹)?
- 7.Ananya keeps ₹100 in a bank. After 2 years the simple interest is ₹12. What is the rate of interest per year (in %)?
- 8.Joseph spends ₹290 to start a stall and sells each friendship band for ₹30. What is the smallest number Joseph must sell to get back the ₹290?
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9.Price list: biscuit packet ₹11, crayon box ₹40, glue stick ₹25, sticker sheet ₹5.
How much do 5 biscuit packets cost (in ₹)? - 10.Nisha has ₹1. A toffee costs ₹3. Does Nisha have enough money to buy it? (a) No (b) Yes
- 11.Kabir is making a shopping list. Which of these is a want? (a) medicine when ill (b) notebooks for school (c) a third cricket bat (d) school shoes
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12.Diya’s shop bill:
1 samosa at ₹15
4 pairs of socks at ₹65 each
1 school bag at ₹560
What is the total bill (in ₹)? - 13.Vivaan got ₹225 in 9 weeks, the same amount every week. How many rupees is that each week?
- 14.Shop A sells a water bottle for ₹190 with free delivery. Shop B sells it for ₹150 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 15.An eraser costs ₹2. Vivaan pays ₹10. How much change does Vivaan get (in ₹)?
- 16.One small sweet costs ₹1.50. How many rupees do 5 small sweets cost? =
- 17.The bill for 3 samosas and a T-shirt is ₹376. A samosa costs ₹17. What does the T-shirt cost (in ₹)?
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18.Price list: pencil ₹3, balloon ₹8, banana ₹5, eraser ₹4.
How much do a balloon and a pencil cost together (in ₹)? - 19.₹50 − ₹35 =
- 20.₹100 + ₹? + ₹5 = ₹125
- 21.A family plans ₹40000 for the month. 5% of it is for clothes. How many rupees is that?
- 22.After 10% off, a football costs ₹342. What was the price before the sale (in ₹)?
- 23.There are 15 children in a class. Each child needs one samosa at ₹12. What is the total cost (in ₹)?
- 24.₹50 + ₹400 =
- 25.Aarav saves ₹80 every week for 8 weeks, then buys an art kit for ₹180. How many rupees are left?
- 26.A 2 kg bag of potatoes costs ₹56. A 5 kg bag costs ₹105. Which bag is cheaper per kg? (a) 2 kg bag (b) 5 kg bag
- 27.Priya had ₹81. Priya spent ₹7 on a balloon. How many rupees are left?
- 28.Zoya wants an art kit that costs ₹360. Zoya saves ₹90 every week. How many weeks will it take?
- 29.Rahul has ₹8. An eraser costs ₹4. Does Rahul have enough money to buy it? (a) No (b) Yes
- 30.Zoya buys a storybook (₹90), a plate of idli (₹35), a notebook (₹60) and a T-shirt (₹330). What is the total (in ₹)?
- 31.Ishaan is making a shopping list. Which of these is a need? (a) a new party dress (b) a fancy phone cover (c) vegetables (d) extra comic books
- 32.Dev sees that ₹25000 was sent to a wrong number by mistake. What should Dev do first? (a) Pay again to fix it (b) Keep it a secret (c) Tell a parent at once
- 33.₹35 − ₹28 =
- 34.2 geometry boxes cost ₹290. What does one geometry box cost (in ₹)?
- 35.A family plans ₹39000 for the month. 40% of it is for school fees. How many rupees is that?
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36.Ishaan’s passbook:
Opening balance: ₹2600
Credit (money in): ₹550
Debit (money out): ₹?
Closing balance: ₹2450
How many rupees was the debit? - 37.Count up to find the change from ₹100: ₹29 + ₹? = ₹100
- 38.Karan wants a football that costs ₹320. Karan saves ₹40 every week. How many weeks will it take?
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39.Price list: pencil ₹8, banana ₹4, ice candy ₹14, notebook ₹45.
Which item costs the least? (a) pencil (b) ice candy (c) notebook (d) banana - 40.Nisha spends ₹160 of ₹800 pocket money on books. What percent is that?
Answer key
- 450
- Need
- 35
- 50
- 4
- 70
- 6
- 10
- 55
- No
- a third cricket bat
- 835
- 25
- 20
- 8
- 7.5
- 325
- 11
- 15
- 20
- 2000
- 380
- 180
- 450
- 460
- 5 kg bag
- 74
- 4
- Yes
- 515
- vegetables
- Tell a parent at once
- 7
- 145
- 15600
- 700
- 71
- 8
- banana
- 20
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids