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 4 plates of idli and a samosa is ₹253. A plate of idli costs ₹60. What does the samosa cost (in ₹)?
- 2.2 pens cost ₹32. What does one pen cost (in ₹)?
- 3.Meera wants a board game that costs ₹470, has ₹30 already and saves ₹80 every week. In how many weeks will Meera have enough?
- 4.₹5 + ₹? + ₹10 = ₹65
- 5.Aarav gets ₹10 pocket money every week. How many rupees is that in 8 weeks?
- 6.Sneha’s class stall spends ₹555 to make 39 cups of lemonade and sells all of them at ₹15 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
- 7.Meera buys a toffee for ₹3 and a banana for ₹6. How many rupees does Meera spend in all?
- 8.Which is the same money as one ₹20 note? (a) six 5-rupee coins (b) four 5-rupee coins (c) five 5-rupee coins
- 9.₹250 + ₹150 =
- 10.Farhan has ₹27 in a piggy bank. Nani gives Farhan ₹5 more. How many rupees does Farhan have now?
- 11.A 5 kg bag of tomatoes costs ₹235. A 1 kg bag costs ₹40. How many rupees per kg do you save with the cheaper bag?
- 12.₹42 + ₹16 =
- 13.₹10 + ₹2 + ₹? = ₹62
- 14.A juice box costs ₹30 and a sticker sheet costs ₹10. How many rupees more does the juice box cost?
- 15.Which coins and notes make exactly ₹65? (a) 50 + 10 + 10 (b) 50 + 5 + 1 (c) 50 + 10 + 5
- 16.Diya’s piggy bank has 1 coin of ₹20, 4 coins of ₹10 and 2 coins of ₹1. How many rupees are in it?
- 17.Karan is making a shopping list. Which of these is a need? (a) a bigger TV (b) a glitter pen set (c) sweets every day (d) notebooks for school
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18.Ananya’s passbook:
Opening balance: ₹1500
Credit (money in): ₹1000
Debit (money out): ₹2300
What is the balance now (in ₹)? - 19.A raincoat costs ₹280. The shop gives 50% off. How many rupees is the discount?
- 20.A pencil costs ₹7. Aarav pays ₹50. How much change does Aarav get (in ₹)?
- 21.Pooja has 8 notes of ₹10. Priya has 3 notes of ₹100. Who has more money? (a) Pooja (b) Priya
- 22.Nisha has 8 coins of ₹2. Priya has 9 coins of ₹1. How many more rupees does Nisha have?
- 23.A 1 kg bag of wheat flour costs ₹33. A 10 kg bag costs ₹320. Which bag is cheaper per kg? (a) 1 kg bag (b) 10 kg bag
- 24.₹580 − ₹280 =
- 25.Shop A sells a school bag for ₹730 with free delivery. Shop B sells it for ₹615 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
- 26.₹? + ₹2 + ₹20 = ₹32
- 27.Arjun wants a cricket bat that costs ₹540. Arjun saves ₹60 every week. How many weeks will it take?
- 28.Sneha buys 2 sharpeners at ₹8 each and pays ₹50. How much change does Sneha get (in ₹)?
- 29.Lakshmi’s class stall spends ₹150 to make 19 cups of lemonade and sells all of them at ₹10 each. What is the profit (in ₹)?
- 30.Tara keeps ₹1200 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
- 31.₹? + ₹20 + ₹1 = ₹31
- 32.A day trip costs ₹2940 in all. 7 friends share the cost equally. How much does each friend pay (in ₹)?
- 33.One mango costs ₹30. How much do 5 mangoes cost (in ₹)?
- 34.₹6 + ₹13.50 =
- 35.For Farhan, is “extra comic books” a need or a want? (a) Need (b) Want
- 36.Tara’s piggy bank has 1 coin of ₹20, 2 coins of ₹5 and 5 coins of ₹1. How many rupees are in it?
- 37.A toy train costs ₹300. The shop gives 20% off. What is the sale price (in ₹)?
- 38.Meera has 3 coins of ₹10 and 4 coins of ₹20. How many rupees does Meera have?
- 39.₹91 − ₹90 =
- 40.A family plans ₹35000 for the month. 5% of it is for electricity. How many rupees is that?
Answer key
- 13
- 16
- 6
- 50
- 80
- Profit
- 9
- four 5-rupee coins
- 400
- 32
- 7
- 58
- 50
- 20
- 50 + 10 + 5
- 62
- notebooks for school
- 200
- 140
- 43
- Priya
- 7
- 10 kg bag
- 300
- 65
- 10
- 9
- 34
- 40
- 240
- 10
- 420
- 150
- 19.5
- Want
- 35
- 240
- 110
- 1
- 1750
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids