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.Riya buys a balloon for ₹7 and a pencil for ₹4, and pays ₹50. How much change does Riya get (in ₹)?
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2.Price list: sharpener ₹6, sticker sheet ₹5, banana ₹4, notebook ₹35.
Pooja has ₹20 and buys a sharpener. How many rupees are left? - 3.₹76 + ₹5 =
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4.Price list: pencil ₹6, glue stick ₹25, eraser ₹2, toffee ₹1.
How much do 2 glue sticks cost (in ₹)? - 5.Kabir has 4 coins of ₹2 and 5 coins of ₹1. How many rupees does Kabir have?
- 6.Lakshmi keeps ₹500 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
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7.Kavya’s passbook:
Opening balance: ₹2600
Credit: ₹150
Credit: ₹350
Debit: ₹100
Credit: ₹100
What is the closing balance (in ₹)? - 8.Karan spends ₹110 to start a stall and sells each clay diya for ₹25. What is the smallest number Karan must sell to get back the ₹110?
- 9.₹120 + ₹190 =
- 10.Kavya buys a mango for ₹40 and pays with a ₹100 note. How much change does Kavya get (in ₹)?
- 11.One samosa costs ₹12. How much do 3 samosas cost (in ₹)?
- 12.3 pairs of socks cost ₹225. How much do 2 pairs of socks cost (in ₹)?
- 13.₹21 + ₹39 + ₹33 =
- 14.Rohan buys a pencil for ₹3 and an eraser for ₹2, and pays ₹50. How much change does Rohan get (in ₹)?
- 15.Karan had ₹42. Karan spent ₹10 on a sticker sheet. How many rupees are left?
- 16.Rohan has 2 coins of ₹2. Diya has 6 notes of ₹50. How many more rupees does Diya have?
- 17.Nisha wants a storybook set that costs ₹325, has ₹100 already and saves ₹40 every week. In how many weeks will Nisha have enough?
- 18.What is the smallest number of coins and notes that make ₹114?
- 19.A study lamp costs ₹780. Offer 1: 20% off. Offer 2: ₹240 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 20.For Joseph, is “school shoes” a need or a want? (a) Need (b) Want
- 21.Gurpreet is making a shopping list. Which of these is a want? (a) a warm blanket (b) a new party dress (c) school shoes (d) milk
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22.Price list: kite ₹13, eraser ₹4, samosa ₹11, sticker sheet ₹5.
Diya has ₹20 and buys a sticker sheet. How many rupees are left? - 23.Which is the biggest amount: ₹39, ₹42 or ₹29? (a) 39 rupees (b) 29 rupees (c) 42 rupees
- 24.Gurpreet gets ₹70 a week, spends ₹65 each week and saves the rest. How many rupees has Gurpreet saved after 3 weeks?
- 25.Pooja keeps ₹1300 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
- 26.What is the smallest number of coins and notes that make ₹17?
- 27.What is the smallest number of coins and notes that make ₹136?
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28.Price list: sticker sheet ₹10, toffee ₹3, balloon ₹7, sharpener ₹9.
Karan has ₹50 and buys a balloon. How many rupees are left? - 29.Rahul keeps ₹200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
- 30.For Lakshmi, is “extra comic books” a need or a want? (a) Need (b) Want
- 31.Nisha keeps ₹900 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 4 years?
- 32.₹40 + ₹15 =
- 33.₹390 + ₹140 =
- 34.Arjun keeps ₹200 in a bank. After 1 year the simple interest is ₹6. What is the rate of interest per year (in %)?
- 35.A 1 kg bag of sugar costs ₹47. A 10 kg bag costs ₹490. How many rupees per kg do you save with the cheaper bag?
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36.Aarav’s passbook:
Opening balance: ₹2800
Credit (money in): ₹100
Debit (money out): ₹150
What is the balance now (in ₹)? - 37.Kabir has 5 notes of ₹20. Ananya has 6 coins of ₹1. Who has more money? (a) Ananya (b) Kabir
- 38.A samosa costs ₹12. Vivaan pays ₹50. How much change does Vivaan get (in ₹)?
- 39.A 10 kg bag of tomatoes costs ₹510. A 2 kg bag costs ₹94. How many rupees per kg do you save with the cheaper bag?
- 40.Gurpreet spends ₹100 to start a stall and sells each cup of lemonade for ₹15. What is the smallest number Gurpreet must sell to get back the ₹100?
Answer key
- 39
- 14
- 81
- 50
- 13
- 590
- 3100
- 5
- 310
- 60
- 36
- 150
- 93
- 45
- 32
- 296
- 6
- 4
- Offer 2
- Need
- a new party dress
- 15
- 42 rupees
- 15
- 156
- 3
- 5
- 43
- 24
- Want
- 288
- 55
- 530
- 3
- 2
- 2750
- Kabir
- 38
- 4
- 7
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids