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.Arjun keeps ₹1600 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
- 2.A 5 kg bag of dal costs ₹710. A 2 kg bag costs ₹218. How many rupees per kg do you save with the cheaper bag?
- 3.Sneha has 3 coins of ₹2. Rohan has 9 notes of ₹20. How many more rupees does Rohan have?
- 4.Which coins and notes make exactly ₹115? (a) 100 + 10 + 5 (b) 100 + 5 + 1 (c) 50 + 10 + 5
- 5.One notebook costs ₹35. A pack of 3 notebooks costs ₹104. How many rupees do you save by buying the pack instead of 3 single ones?
- 6.Sneha buys 5 sticker sheets at ₹5 each and pays ₹50. How much change does Sneha get (in ₹)?
- 7.A family plans ₹8000 for the month. 25% of it is for food. How many rupees is that?
- 8.Which coins and notes make exactly ₹31? (a) 20 + 20 + 10 (b) 20 + 10 + 1 (c) 100 + 10 + 1
- 9.A message says Rahul has won ₹1000. It asks for the UPI PIN to send the prize. What is true? (a) Enter the PIN quickly (b) Prizes need your PIN (c) No PIN to receive money
- 10.Aarav has ₹980 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Aarav can buy?
- 11.₹17.50 + ₹6 =
- 12.One rubber band costs ₹2.50. How many rupees do 5 rubber bands cost? =
- 13.39 children go on a school trip to the zoo. The bus costs ₹30 for each child and the ticket costs ₹20 for each child. What is the total cost (in ₹)?
- 14.A pen costs ₹3.50. Sneha pays ₹20. How much change does Sneha get, in rupees? =
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15.Price list: balloon ₹5, toffee ₹3, ice candy ₹14, biscuit packet ₹15.
How much do a biscuit packet and a balloon cost together (in ₹)? -
16.Price list: pencil ₹8, kite ₹11, glue stick ₹18, biscuit packet ₹13.
How much do a glue stick and a biscuit packet cost together (in ₹)? -
17.Priya’s passbook:
Opening balance: ₹2300
Credit: ₹200
Debit: ₹200
Credit: ₹450
Debit: ₹50
What is the closing balance (in ₹)? - 18.One rubber band costs ₹3.50. How many rupees do 2 rubber bands cost? =
- 19.Isha gets ₹20 pocket money every week. How many rupees is that in 8 weeks?
- 20.There are 35 children in a class. Each child needs one plate of idli at ₹30. What is the total cost (in ₹)?
- 21.Kavya gets ₹12 every day. How many rupees is that in one week (7 days)?
- 22.A dozen (12) eggs cost ₹108. What does one cost (in ₹)?
- 23.How many colour pencil sets can you buy with ₹420 if one costs ₹105?
- 24.₹900 earns 6% simple interest per year. In how many years will the interest be ₹54?
- 25.Saanvi gets ₹6 every day. How many rupees is that in one week (7 days)?
- 26.Shop A sells a T-shirt for ₹320 with free delivery. Shop B sells it for ₹390 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
- 27.Farhan gets ₹30 a week, spends ₹25 each week and saves the rest. How many rupees has Farhan saved after 2 weeks?
- 28.Vivaan buys a ruler for ₹12 and a toffee for ₹2. How many rupees does Vivaan spend in all?
- 29.Rohan is making a shopping list. Which of these is a want? (a) drinking water (b) notebooks for school (c) a video game (d) rice and dal
- 30.Rohan has a budget of ₹1500 for a birthday party. The decorations cost ₹370, the snacks cost ₹60 and the cake cost ₹310. How many rupees are left?
- 31.How many coins of ₹10 does Kabir need to make ₹40?
- 32.₹1 + ₹10 + ₹? = ₹31
- 33.₹79 − ₹41 =
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34.Price list: glue stick ₹16, crayon box ₹40, ruler ₹8, sticker sheet ₹9.
How many rupees more does a glue stick cost than a sticker sheet? - 35.One sticker sheet costs ₹10. A pack of 3 sticker sheets costs ₹29. How many rupees do you save by buying the pack instead of 3 single ones?
- 36.Isha’s class stall spends ₹295 to make 15 cups of lemonade and sells all of them at ₹15 each. What is the loss (in ₹)?
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37.Isha’s passbook:
Opening balance: ₹2000
Credit (money in): ₹750
Debit (money out): ₹400
What is the balance now (in ₹)? - 38.How many T-shirts can you buy with ₹2000 if one costs ₹250?
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39.Aditya’s passbook:
Opening balance: ₹1300
Credit (money in): ₹900
Debit (money out): ₹1750
What is the balance now (in ₹)? - 40.Arjun gets ₹100 a week, spends ₹20 each week and saves the rest. How many rupees has Arjun saved after 6 weeks?
Answer key
- 1792
- 33
- 174
- 100 + 10 + 5
- 1
- 25
- 2000
- 20 + 10 + 1
- No PIN to receive money
- 19
- 23.5
- 12.5
- 1950
- 16.5
- 20
- 31
- 2700
- 7
- 160
- 1050
- 84
- 9
- 4
- 1
- 42
- 110
- 10
- 14
- a video game
- 760
- 4
- 20
- 38
- 7
- 1
- 70
- 2350
- 8
- 450
- 480
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids