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
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1.Price list: banana ₹6, pencil ₹3, samosa ₹15, biscuit packet ₹19.
How many rupees more does a biscuit packet cost than a banana? - 2.Priya sells 40 friendship bands at ₹20 each. How many rupees does Priya get?
- 3.Arjun has ₹52 in a piggy bank. Nani gives Arjun ₹24 more. How many rupees does Arjun have now?
- 4.Pooja has ₹490 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Pooja can buy?
- 5.Kabir has 7 coins of ₹20. How many rupees does Kabir have?
- 6.One tiny sticker costs 50 paise. How many rupees do 7 tiny stickers cost? =
- 7.Shop A sells 6 pairs of socks for ₹510. Shop B sells 3 pairs of socks for ₹225. What does one pair of socks cost at the cheaper shop (in ₹)?
- 8.Zoya has ₹800 for a picnic. Food costs ₹200 and tickets cost ₹540. Is ₹800 enough? (a) No (b) Yes
- 9.3 badminton rackets cost ₹1605. What does one badminton racket cost (in ₹)?
- 10.Ananya gets ₹10 pocket money every week. How many rupees is that in 2 weeks?
- 11.A badminton racket costs ₹305 online. Delivery is ₹50 and a coupon takes ₹40 off. What is the final price (in ₹)?
- 12.There are 37 children in a class. Each child needs one notebook at ₹55. What is the total cost (in ₹)?
- 13.How many badminton rackets can you buy with ₹6480 if one costs ₹540?
- 14.For Lakshmi, is “soap” a need or a want? (a) Need (b) Want
- 15.Isha buys a toffee for ₹2 and a samosa for ₹15. How many rupees does Isha spend in all?
- 16.Gurpreet had ₹84. Gurpreet spent ₹40 on a crayon box. How many rupees are left?
- 17.A paint box costs ₹74. Rohan has ₹10 and ₹2. How many more rupees does Rohan need?
- 18.The bill for 4 notebooks and a badminton racket is ₹780. A notebook costs ₹55. What does the badminton racket cost (in ₹)?
- 19.Priya has 4 notes of ₹100, 3 notes of ₹20 and 3 coins of ₹5. How many rupees does Priya have?
- 20.₹5 + ₹? + ₹20 = ₹27
- 21.Arjun buys a pair of socks for ₹60 and pays with a ₹100 note. How much change does Arjun get (in ₹)?
- 22.One glue stick costs ₹18. A pack of 3 glue sticks costs ₹51. How many rupees do you save by buying the pack instead of 3 single ones?
- 23.Meera saves ₹20 every week for 8 weeks, then buys a football for ₹90. How many rupees are left?
- 24.For Aditya, is “a video game” a need or a want? (a) Want (b) Need
- 25.A 2 kg bag of tomatoes costs ₹118. A 5 kg bag costs ₹210. How many rupees per kg do you save with the cheaper bag?
- 26.₹950 − ₹630 =
- 27.Someone online asks Saanvi for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) No one (c) A friend at school
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28.Vivaan’s passbook:
Opening balance: ₹2600
Debit: ₹200
Debit: ₹100
Debit: ₹200
Credit: ₹350
What is the closing balance (in ₹)? - 29.Meera keeps ₹500 in a bank. After 3 years the simple interest is ₹150. What is the rate of interest per year (in %)?
- 30.Pooja spends ₹290 to start a stall and sells each paper bookmark for ₹25. What is the smallest number Pooja must sell to get back the ₹290?
- 31.A board game costs ₹280. Offer 1: 50% off. Offer 2: ₹30 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 32.Shop A sells 2 pens for ₹24. Shop B sells 6 pens for ₹126. Which shop is cheaper for one pen? (a) Shop A (b) Shop B
- 33.Lakshmi wants to save ₹2800 for a bicycle in 7 weeks, the same amount each week. How many rupees must Lakshmi save each week?
- 34.Dev has a budget of ₹2000 for a birthday party. The balloons cost ₹80, the cake cost ₹260 and the juice cost ₹60. How many rupees are left?
- 35.Of a ₹7000 monthly budget, 5% goes on school fees and 20% on electricity. The rest is saved. What percent is saved?
- 36.3 friends run a stall selling greeting cards and make a profit of ₹300. They share it equally. How many rupees does each friend get?
- 37.₹8.50 + ₹7 =
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38.Price list: pencil ₹3, biscuit packet ₹18, kite ₹25, juice box ₹20.
Ananya has ₹50 and buys a biscuit packet. How many rupees are left? - 39.8 badminton rackets cost ₹2400. How much do 4 badminton rackets cost (in ₹)?
- 40.How many ₹1 coins make a ₹2 coin?
Answer key
- 13
- 800
- 76
- 32
- 140
- 3.5
- 75
- Yes
- 535
- 20
- 315
- 2035
- 12
- Need
- 17
- 44
- 62
- 560
- 475
- 2
- 40
- 3
- 70
- Want
- 17
- 320
- No one
- 2450
- 10
- 12
- Offer 1
- Shop A
- 400
- 1600
- 75
- 100
- 15.5
- 32
- 1200
- 2
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids