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.A 1 kg bag of onions costs ₹35. A 10 kg bag costs ₹240. How many rupees per kg do you save with the cheaper bag?
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2.Price list: ruler ₹15, notebook ₹45, ice candy ₹8, crayon box ₹30.
How much do 5 ice candies cost (in ₹)? - 3.The bill for 4 pairs of socks and a plate of idli is ₹380. A pair of socks costs ₹85. What does the plate of idli cost (in ₹)?
- 4.Vivaan has 2 coins of ₹5. Ananya has 2 coins of ₹2. How many more rupees does Vivaan have?
- 5.Shop A sells 2 samosas for ₹38. Shop B sells 3 samosas for ₹54. Which shop is cheaper for one samosa? (a) Shop A (b) Shop B
- 6.Tara gets ₹17 every day. How many rupees is that in one week (7 days)?
- 7.Saanvi has 3 coins of ₹1. Diya has 7 notes of ₹50. How many more rupees does Diya have?
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8.Price list: banana ₹8, sticker sheet ₹12, biscuit packet ₹19, crayon box ₹45.
How much do 3 sticker sheets cost (in ₹)? - 9.How many paise are there in ₹12?
- 10.Nisha gets ₹50 pocket money every week. How many rupees is that in 3 weeks?
- 11.For Diya, is “a fancy phone cover” a need or a want? (a) Need (b) Want
- 12.A water bottle costs ₹320. The shop gives 20% off. What is the sale price (in ₹)?
- 13.Kavya has 1 note of ₹500 and 2 notes of ₹200. How many rupees does Kavya have?
- 14.Pooja has 3 notes of ₹50. How many rupees does Pooja have?
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15.Price list: kite ₹24, notebook ₹25, crayon box ₹30, sticker sheet ₹8.
How much do a kite and a crayon box cost together (in ₹)? - 16.A stranger asks Ananya to scan a QR code to “get” ₹1000. What is true? (a) QR codes are always safe (b) It gives you money (c) Scanning a QR pays money
- 17.Dev buys 3 pens at ₹13 each and pays with a ₹100 note. How much change does Dev get (in ₹)?
- 18.A football costs ₹280. The shop gives 10% off. What is the sale price (in ₹)?
- 19.Gurpreet buys a pair of socks (₹50), a lunch box (₹190), a samosa (₹20) and a notebook (₹55). What is the total (in ₹)?
- 20.Kavya has ₹35 in a piggy bank. Nana gives Kavya ₹14 more. How many rupees does Kavya have now?
- 21.₹20 − ₹5 =
- 22.A water gun costs ₹68. Ananya has ₹5 and ₹10. How many more rupees does Ananya need?
- 23.Ananya makes 6 friendship bands an hour and sells each one for ₹15. How many rupees can Ananya earn from 2 hours of work?
- 24.Joseph wants to save ₹1050 for a wristwatch in 15 weeks, the same amount each week. How many rupees must Joseph save each week?
- 25.Saanvi pays a school fee of ₹1650 from the account. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 26.Tara has 4 notes of ₹50, 2 notes of ₹10 and 5 coins of ₹1. How many rupees does Tara have?
- 27.Sneha is making a shopping list. Which of these is a need? (a) a third cricket bat (b) extra comic books (c) toothpaste (d) sweets every day
- 28.Dev has ₹26 in a piggy bank. Nani gives Dev ₹35 more. How many rupees does Dev have now?
- 29.Meera is making a shopping list. Which of these is a need? (a) a fancy phone cover (b) a bigger TV (c) sweets every day (d) toothpaste
- 30.₹100 earns 8% simple interest per year. In how many years will the interest be ₹16?
- 31.Dev’s class stall spends ₹255 to make 19 paper bookmarks and sells all of them at ₹15 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
- 32.Of a ₹11000 monthly budget, 25% goes on clothes and 10% on electricity. The rest is saved. How many rupees are saved?
- 33.Farhan has ₹15 in a piggy bank. Chacha gives Farhan ₹6 more. How many rupees does Farhan have now?
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34.Price list: biscuit packet ₹11, glue stick ₹25, toffee ₹1, ruler ₹8.
Which item costs the most? (a) glue stick (b) toffee (c) ruler (d) biscuit packet - 35.₹4 + ₹9.50 =
- 36.Nisha got ₹135 in 3 weeks, the same amount every week. How many rupees is that each week?
- 37.How many pairs of socks can you buy with ₹540 if one costs ₹90?
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38.Ananya’s passbook:
Opening balance: ₹1700
Credit (money in): ₹250
Debit (money out): ₹50
What is the balance now (in ₹)? - 39.Isha’s class stall spends ₹540 to make 29 paper bookmarks and sells all of them at ₹20 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
- 40.For Lakshmi, is “extra comic books” a need or a want? (a) Want (b) Need
Answer key
- 11
- 40
- 40
- 6
- Shop B
- 119
- 347
- 36
- 1200
- 150
- Want
- 256
- 900
- 150
- 54
- Scanning a QR pays money
- 61
- 252
- 315
- 49
- 15
- 53
- 180
- 70
- Debit
- 225
- toothpaste
- 61
- toothpaste
- 2
- Profit
- 7150
- 21
- glue stick
- 13.5
- 45
- 6
- 1900
- Profit
- Want
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids