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.The bill for a school bag and a plate of idli is ₹665. A school bag costs ₹635. What does the plate of idli cost (in ₹)?
- 2.One biscuit packet costs ₹10. A pack of 3 biscuit packets costs ₹29. How many rupees do you save by buying the pack instead of 3 single ones?
- 3.How many ₹2 coins make a ₹10 coin?
- 4.Kavya buys a samosa for ₹12 and a geometry box for ₹90, and pays with a ₹500 note. How much change does Kavya get (in ₹)?
- 5.Gurpreet has 3 notes of ₹200 and 4 notes of ₹20. How many rupees does Gurpreet have?
- 6.Arjun has ₹450. First Arjun pays for needs: socks (₹120) and a lunch box (₹50). How many rupees are left for wants?
- 7.Ananya saves ₹20 every week for 12 weeks, then buys a bicycle for ₹140. How many rupees are left?
- 8.Which is worth more: a ₹20 coin or a ₹2 coin? (a) 2-rupee coin (b) 20-rupee coin
- 9.Tara buys a samosa for ₹11 and a crayon box for ₹35. How many rupees does Tara spend in all?
- 10.3 lunch boxes cost ₹525. What does one lunch box cost (in ₹)?
- 11.Isha is making a shopping list. Which of these is a want? (a) a warm blanket (b) notebooks for school (c) a video game (d) a school uniform
- 12.₹200 + ₹320 =
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13.Riya’s shop bill:
1 plate of idli at ₹35
3 T-shirts at ₹235 each
4 colour pencil sets at ₹80 each
What is the total bill (in ₹)? - 14.A dozen (12) bananas cost ₹60. What does one cost (in ₹)?
- 15.One crayon box costs ₹35. A pack of 3 crayon boxes costs ₹102. How many rupees do you save by buying the pack instead of 3 single ones?
- 16.Which is the same money as one ₹20 note? (a) five 5-rupee coins (b) three 5-rupee coins (c) four 5-rupee coins
- 17.Sneha spends ₹40 of ₹400 pocket money on books. What percent is that?
- 18.Rohan had ₹73. Rohan spent ₹50 on a crayon box. How many rupees are left?
- 19.The bill for 3 cricket balls and a storybook is ₹505. A cricket ball costs ₹120. What does the storybook cost (in ₹)?
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20.Arjun’s passbook:
Opening balance: ₹3600
Credit (money in): ₹450
Debit (money out): ₹3100
What is the balance now (in ₹)? - 21.A sharpener costs ₹9 and a balloon costs ₹6. How many rupees more does the sharpener cost?
- 22.Nisha has 4 notes of ₹100, 3 notes of ₹10 and 2 coins of ₹1. How many rupees does Nisha have?
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23.Aarav’s shop bill:
2 geometry boxes at ₹100 each
1 plate of idli at ₹55
4 cricket balls at ₹105 each
What is the total bill (in ₹)? - 24.4 pens cost ₹68. What does one pen cost (in ₹)?
- 25.Dev wants a wristwatch that costs ₹600. Dev saves ₹40 every week. How many weeks will it take?
- 26.A family plans ₹9000 for the month. 5% of it is for rent. How many rupees is that?
- 27.Lakshmi buys a geometry box for ₹115 and a cricket ball for ₹130, and pays with a ₹500 note. How much change does Lakshmi get (in ₹)?
- 28.A sharpener costs ₹8. Tara pays ₹10. How much change does Tara get (in ₹)?
- 29.Sneha buys 4 samosas at ₹20 each and pays with a ₹100 note. How much change does Sneha get (in ₹)?
- 30.Of a ₹17000 monthly budget, 30% goes on rent and 5% on electricity. The rest is saved. What percent is saved?
- 31.A board game costs ₹840. The shop gives 25% off. How many rupees is the discount?
- 32.₹61 − ₹34 =
- 33.A crayon box costs ₹50 and a banana costs ₹5. How many rupees more does the crayon box cost?
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34.Saanvi’s passbook:
Opening balance: ₹1000
Credit (money in): ₹300
Debit (money out): ₹900
What is the balance now (in ₹)? -
35.Price list: toffee ₹1, samosa ₹12, notebook ₹35, banana ₹6.
How much do 2 toffees cost (in ₹)? -
36.Karan’s passbook:
Opening balance: ₹3800
Credit (money in): ₹1000
Debit (money out): ₹3550
What is the balance now (in ₹)? - 37.Manav keeps ₹1900 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?
- 38.Meera keeps ₹2000 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 5 years?
- 39.Gurpreet gets ₹450 pocket money every month. How many rupees is that in one year (12 months)?
- 40.A 10 kg bag of wheat flour costs ₹360. A 1 kg bag costs ₹33. How many rupees per kg do you save with the cheaper bag?
Answer key
- 30
- 1
- 5
- 398
- 680
- 280
- 100
- 20-rupee coin
- 46
- 175
- a video game
- 520
- 1060
- 5
- 3
- four 5-rupee coins
- 10
- 23
- 145
- 950
- 3
- 432
- 675
- 17
- 15
- 450
- 255
- 2
- 20
- 65
- 210
- 27
- 45
- 400
- 2
- 1250
- 114
- 700
- 5400
- 3
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids