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.One crayon box costs ₹35. A pack of 3 crayon boxes costs ₹103. How many rupees do you save by buying the pack instead of 3 single ones?
- 2.Which is the same money as one ₹10 note? (a) two 5-rupee coins (b) five 5-rupee coins (c) four 5-rupee coins
- 3.Aditya keeps ₹100 in a bank. After 5 years the simple interest is ₹35. What is the rate of interest per year (in %)?
- 4.Diya buys a juice box for ₹30 and a kite for ₹11, and pays ₹50. How much change does Diya get (in ₹)?
- 5.Aarav’s class stall spends ₹150 to make 14 paper bookmarks and sells all of them at ₹5 each. What is the loss (in ₹)?
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6.Farhan’s passbook:
Opening balance: ₹700
Credit (money in): ₹800
Debit (money out): ₹50
What is the balance now (in ₹)? - 7.₹600 earns 10% simple interest per year. In how many years will the interest be ₹60?
- 8.Shop A sells a cricket ball for ₹150 with free delivery. Shop B sells it for ₹100 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 9.Meera wants to save ₹800 for a wristwatch in 8 weeks, the same amount each week. How many rupees must Meera save each week?
- 10.₹? + ₹10 + ₹1 = ₹16
- 11.Ananya wants an art kit that costs ₹370, has ₹10 already and saves ₹90 every week. In how many weeks will Ananya have enough?
- 12.Sneha sells 20 cups of lemonade at ₹15 each. How many rupees does Sneha get?
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13.Arjun’s passbook:
Opening balance: ₹2500
Credit (money in): ₹1000
Debit (money out): ₹?
Closing balance: ₹1900
How many rupees was the debit? - 14.A ruler costs ₹9. Ishaan pays ₹10. How much change does Ishaan get (in ₹)?
- 15.Kavya’s piggy bank has 4 coins of ₹20, 2 coins of ₹5 and 1 coin of ₹1. How many rupees are in it?
- 16.Aditya buys a pair of socks (₹55), a geometry box (₹100), a colour pencil set (₹95) and a badminton racket (₹500). What is the total (in ₹)?
- 17.A 2 kg bag of tomatoes costs ₹80. A 5 kg bag costs ₹135. How many rupees per kg do you save with the cheaper bag?
- 18.Aarav keeps ₹1200 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
- 19.Shop A sells a badminton racket for ₹475 with free delivery. Shop B sells it for ₹415 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
- 20.Lakshmi wants a wristwatch that costs ₹985, has ₹60 already and saves ₹40 every week. In how many weeks will Lakshmi have enough?
- 21.Of a ₹48000 monthly budget, 5% goes on travel and 10% on clothes. The rest is saved. What percent is saved?
- 22.Diya has 2 coins of ₹1. How many rupees does Diya have?
- 23.Of a ₹24000 monthly budget, 5% goes on rent and 40% on electricity. The rest is saved. How many rupees are saved?
- 24.8 cricket balls cost ₹1080. How much do 2 cricket balls cost (in ₹)?
- 25.27 children go on a school trip to the museum. The bus costs ₹60 for each child and the ticket costs ₹30 for each child. What is the total cost (in ₹)?
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26.Karan’s shop bill:
3 geometry boxes at ₹90 each
4 cricket balls at ₹150 each
1 badminton racket at ₹565
What is the total bill (in ₹)? - 27.Lakshmi has ₹3. A toffee costs ₹1. Does Lakshmi have enough money to buy it? (a) Yes (b) No
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28.Pooja’s shop bill:
2 storybooks at ₹140 each
1 school bag at ₹765
1 water bottle at ₹240
What is the total bill (in ₹)? - 29.Arjun gets ₹20 pocket money every week. How many rupees is that in 6 weeks?
- 30.Shop A sells a football for ₹325 with free delivery. Shop B sells it for ₹310 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 31.Priya buys a badminton racket (₹385), a pen (₹22), a lunch box (₹155) and a water bottle (₹145). What is the total (in ₹)?
- 32.A crayon box costs ₹35. Farhan pays ₹50. How much change does Farhan get (in ₹)?
- 33.Priya has 2 notes of ₹20. How many rupees does Priya have?
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34.Isha’s shop bill:
4 cricket balls at ₹115 each
3 storybooks at ₹110 each
1 T-shirt at ₹355
What is the total bill (in ₹)? - 35.Which is the same money as one ₹500 note? (a) three 100-rupee notes (b) five 100-rupee notes (c) four 100-rupee notes
- 36.Zoya’s piggy bank has 4 coins of ₹20, 3 coins of ₹10 and 2 coins of ₹2. How many rupees are in it?
- 37.Farhan has a budget of ₹500 for a birthday party. The balloons cost ₹30, the juice cost ₹70 and the decorations cost ₹80. How many rupees are left?
- 38.Joseph saves ₹100 every week for 6 weeks, then buys a storybook set for ₹320. How many rupees are left?
- 39.A 5 kg bag of tomatoes costs ₹180. A 10 kg bag costs ₹500. How many rupees per kg do you save with the cheaper bag?
- 40.₹? + ₹5 + ₹100 = ₹155
Answer key
- 2
- two 5-rupee coins
- 7
- 9
- 80
- 1450
- 1
- Shop B
- 100
- 5
- 4
- 300
- 1600
- 1
- 91
- 750
- 13
- 120
- 20
- 24
- 85
- 2
- 13200
- 270
- 2430
- 1435
- Yes
- 1285
- 120
- Shop A
- 707
- 15
- 40
- 1145
- five 100-rupee notes
- 114
- 320
- 280
- 14
- 50
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids