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: eraser ₹4, toffee ₹1, sharpener ₹9, glue stick ₹21.
Which item costs the least? (a) sharpener (b) eraser (c) glue stick (d) toffee - 2.Gurpreet got ₹285 in 3 weeks, the same amount every week. How many rupees is that each week?
- 3.4 storybooks cost ₹380. What does one storybook cost (in ₹)?
- 4.For Tara, is “bus fare to school” a need or a want? (a) Need (b) Want
- 5.Which is the smallest amount: ₹64, ₹48 or ₹14? (a) 64 rupees (b) 14 rupees (c) 48 rupees
- 6.Sneha has 4 notes of ₹200 and 1 note of ₹20. How many rupees does Sneha have?
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7.Price list: samosa ₹14, kite ₹13, sticker sheet ₹11, balloon ₹10.
How much do a balloon and a samosa cost together (in ₹)? -
8.Pooja’s passbook:
Opening balance: ₹1900
Credit (money in): ₹150
Debit (money out): ₹?
Closing balance: ₹500
How many rupees was the debit? - 9.5 T-shirts cost ₹1375. What does one T-shirt cost (in ₹)?
- 10.₹370 + ₹190 =
- 11.Manav makes 2 friendship bands an hour and sells each one for ₹20. How many rupees can Manav earn from 3 hours of work?
- 12.Which is worth more: a ₹20 coin or a ₹5 coin? (a) 5-rupee coin (b) 20-rupee coin
- 13.₹14 − ₹1.50 =
- 14.₹17 + ₹3.50 =
- 15.How many notes of ₹10 make ₹80?
- 16.Rohan wants an art kit that costs ₹340, has ₹40 already and saves ₹70 every week. In how many weeks will Rohan have enough?
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17.Kabir’s shop bill:
2 pens at ₹21 each
1 samosa at ₹16
1 plate of idli at ₹30
What is the total bill (in ₹)? - 18.A dozen (12) oranges cost ₹84. What does one cost (in ₹)?
- 19.A pen costs ₹9.50. Isha pays ₹20. How much change does Isha get, in rupees? =
- 20.What is the smallest number of coins and notes that make ₹96?
- 21.A storybook costs ₹37. Vivaan has ₹20 and ₹2. How many more rupees does Vivaan need?
- 22.Isha had ₹19. Isha spent ₹7 on a banana. How many rupees are left?
- 23.Aarav spends ₹50 of ₹200 pocket money on books. What percent is that?
- 24.A kite costs ₹14. Aditya pays ₹20. How much change does Aditya get (in ₹)?
- 25.Vivaan keeps ₹1600 in a bank. After 1 year the simple interest is ₹64. What is the rate of interest per year (in %)?
- 26.What do 3 lunch boxes at ₹285 each and 2 geometry boxes at ₹125 each cost in all (in ₹)?
- 27.Nisha keeps ₹800 in a bank. After 5 years the simple interest is ₹160. What is the rate of interest per year (in %)?
- 28.How many cricket balls can you buy with ₹945 if one costs ₹135?
- 29.Lakshmi buys a colour pencil set for ₹60 and pays with a ₹100 note. How much change does Lakshmi get (in ₹)?
- 30.Zoya has 3 notes of ₹50. How many rupees does Zoya have?
- 31.Rohan has 1 note of ₹100, 3 notes of ₹20 and 3 coins of ₹5. How many rupees does Rohan have?
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32.Price list: notebook ₹25, ruler ₹11, samosa ₹14, balloon ₹10.
How much do a ruler and a samosa cost together (in ₹)? - 33.Manav sees that ₹50000 was sent to a wrong number by mistake. What should Manav do first? (a) Tell a parent at once (b) Keep it a secret (c) Pay again to fix it
- 34.Lakshmi’s mother has ₹1800 in her bank account. She pays ₹110 for school books and ₹240 for milk by UPI. How many rupees are left in the account?
- 35.10 pairs of socks cost ₹750. How much do 2 pairs of socks cost (in ₹)?
- 36.₹14 + ₹10.50 =
- 37.Which is the same money as one ₹100 note? (a) five 20-rupee notes (b) three 20-rupee notes (c) two 20-rupee notes
- 38.Rohan buys a water bottle (₹185), a T-shirt (₹385), a pen (₹13) and a geometry box (₹135). What is the total (in ₹)?
- 39.Count up to find the change from ₹500: ₹65 + ₹? = ₹500
- 40.Count up to find the change from ₹100: ₹16 + ₹? = ₹100
Answer key
- toffee
- 95
- 95
- Need
- 14 rupees
- 820
- 24
- 1550
- 275
- 560
- 120
- 20-rupee coin
- 12.5
- 20.5
- 8
- 5
- 88
- 7
- 10.5
- 5
- 15
- 12
- 25
- 6
- 4
- 1105
- 4
- 7
- 40
- 150
- 175
- 25
- Tell a parent at once
- 1450
- 150
- 24.5
- five 20-rupee notes
- 718
- 435
- 84
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids