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 rubber band costs 50 paise. How many rupees do 3 rubber bands cost? =
- 2.A message says Lakshmi has won ₹500. It asks for the UPI PIN to send the prize. What is true? (a) Enter the PIN quickly (b) No PIN to receive money (c) Prizes need your PIN
- 3.Shop A sells 4 samosas for ₹52. Shop B sells 3 samosas for ₹54. Which shop is cheaper for one samosa? (a) Shop A (b) Shop B
- 4.Riya had ₹39. Riya spent ₹3 on a toffee. How many rupees are left?
- 5.Ishaan has ₹700. In a piggy bank it stays ₹700. In a bank at 6% simple interest per year, how many rupees more will Ishaan have after 1 year?
- 6.Which is worth more: a ₹10 coin or a ₹200 note? (a) 200-rupee note (b) 10-rupee coin
- 7.Lakshmi has 5 notes of ₹100 and 3 notes of ₹20. How many rupees does Lakshmi have?
- 8.A banana costs ₹7 and a biscuit packet costs ₹20. How many rupees more does the biscuit packet cost?
- 9.Kavya wants a bicycle that costs ₹4000. Kavya saves ₹200 every week. How many weeks will it take?
- 10.Isha keeps ₹300 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
- 11.Rahul is making a shopping list. Which of these is a need? (a) a video game (b) a schoolbag (c) extra comic books (d) a bigger TV
- 12.3 colour pencil sets cost ₹195. What does one colour pencil set cost (in ₹)?
- 13.Zoya has one ₹50 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 14.Which coins and notes make exactly ₹170? (a) 100 + 50 + 20 (b) 100 + 100 + 50 (c) 50 + 20 + 5
- 15.Nisha has a budget of ₹2000 for a birthday party. The return gifts cost ₹80, the decorations cost ₹110 and the balloons cost ₹380. How many rupees are left?
- 16.How many coins of ₹2 does Ananya need to make ₹12?
- 17.What do 5 geometry boxes at ₹110 each and 2 samosas at ₹13 each cost in all (in ₹)?
- 18.Isha buys a pen for ₹23 and a colour pencil set for ₹120, and pays with a ₹500 note. How much change does Isha get (in ₹)?
- 19.A kite costs ₹25 and a toffee costs ₹2. How many rupees more does the kite cost?
- 20.Vivaan keeps ₹300 in a bank. After 1 year the simple interest is ₹6. What is the rate of interest per year (in %)?
- 21.A stall pays ₹16 for each paper bookmark and sells each one for ₹19. It sells 10 paper bookmarks. What is the total profit (in ₹)?
- 22.One samosa costs ₹17. A pack of 3 samosas costs ₹50. How many rupees do you save by buying the pack instead of 3 single ones?
- 23.₹11 + ₹70 =
- 24.Riya wants a bicycle that costs ₹3315, has ₹310 already and saves ₹200 every week. In how many weeks will Riya have enough?
- 25.Vivaan buys a sharpener for ₹9 and a pencil for ₹4. How many rupees does Vivaan spend in all?
- 26.Pooja sells 42 cups of lemonade at ₹20 each. How many rupees does Pooja get?
- 27.Aditya wants to save ₹360 for a gift for Mum in 6 weeks, the same amount each week. How many rupees must Aditya save each week?
- 28.₹58 − ₹54 =
- 29.Rohan buys 5 toffees at ₹2 each and pays ₹20. How much change does Rohan get (in ₹)?
- 30.Kavya wants to save ₹2500 for a bicycle in 5 weeks, the same amount each week. How many rupees must Kavya save each week?
- 31.Zoya keeps ₹700 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
- 32.How many ₹2 coins make a ₹20 note?
- 33.Pooja has 6 coins of ₹2. Gurpreet has 5 coins of ₹5. How many more rupees does Gurpreet have?
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34.Price list: samosa ₹14, pencil ₹5, banana ₹7, crayon box ₹30.
How much do a pencil and a crayon box cost together (in ₹)? - 35.A dozen (12) bananas cost ₹96. What does one cost (in ₹)?
- 36.₹11 + ₹40 + ₹26 =
- 37.Vivaan has ₹350. First Vivaan pays for needs: notebooks (₹110) and socks (₹80). How many rupees are left for wants?
- 38.Priya keeps ₹1400 in a bank. After 4 years the simple interest is ₹280. What is the rate of interest per year (in %)?
- 39.Ananya has 7 notes of ₹50. Gurpreet has 7 notes of ₹20. How many more rupees does Ananya have?
- 40.The bill for 3 pairs of socks and a colour pencil set is ₹315. A pair of socks costs ₹85. What does the colour pencil set cost (in ₹)?
Answer key
- 1.5
- No PIN to receive money
- Shop A
- 36
- 42
- 200-rupee note
- 560
- 13
- 20
- 342
- a schoolbag
- 65
- Note
- 100 + 50 + 20
- 1430
- 6
- 576
- 357
- 23
- 2
- 30
- 1
- 81
- 16
- 13
- 840
- 60
- 4
- 10
- 500
- 280
- 10
- 13
- 35
- 8
- 77
- 160
- 5
- 210
- 60
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids