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.For Riya, is “school shoes” a need or a want? (a) Want (b) Need
- 2.Riya buys 2 glue sticks at ₹16 each and pays ₹50. How much change does Riya get (in ₹)?
- 3.A family plans ₹32000 for the month. 25% of it is for electricity. How many rupees is that?
- 4.3 friends run a stall selling greeting cards and make a profit of ₹750. They share it equally. How many rupees does each friend get?
- 5.A pen costs ₹14.50. Saanvi pays ₹20. How much change does Saanvi get, in rupees? =
- 6.4 water bottles cost ₹540. What does one water bottle cost (in ₹)?
- 7.Sneha buys an eraser for ₹3 and a biscuit packet for ₹20. How many rupees does Sneha spend in all?
- 8.Lakshmi has ₹400. In a piggy bank it stays ₹400. In a bank at 2% simple interest per year, how many rupees more will Lakshmi have after 4 years?
- 9.Shop A sells 2 notebooks for ₹110. Shop B sells 5 notebooks for ₹150. What does one notebook cost at the cheaper shop (in ₹)?
- 10.Nisha has 4 coins of ₹10. How many rupees does Nisha have?
- 11.8 plates of idli cost ₹360. What does one plate of idli cost (in ₹)?
- 12.500 paise is how many rupees? =
- 13.6 cricket balls cost ₹900. What does one cricket ball cost (in ₹)?
- 14.Kavya’s mother has ₹2700 in her bank account. She pays ₹210 for fruit and ₹170 for bread by UPI. How many rupees are left in the account?
- 15.A 5 kg bag of onions costs ₹290. A 2 kg bag costs ₹118. How many rupees per kg do you save with the cheaper bag?
- 16.For Meera, is “soap” a need or a want? (a) Need (b) Want
- 17.Tara is making a shopping list. Which of these is a want? (a) drinking water (b) a warm blanket (c) soap (d) a third cricket bat
- 18.A water bottle costs ₹720. The shop gives 10% off. How many rupees is the discount?
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19.Price list: ice candy ₹9, toffee ₹2, samosa ₹13, sharpener ₹5.
Which item costs the most? (a) toffee (b) ice candy (c) sharpener (d) samosa - 20.A study lamp costs ₹520. Offer 1: 25% off. Offer 2: ₹190 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 21.₹5 + ₹? + ₹2 = ₹107
- 22.Shop A sells 5 samosas for ₹100. Shop B sells 4 samosas for ₹56. What does one samosa cost at the cheaper shop (in ₹)?
- 23.A dozen (12) bangles cost ₹84. What does one cost (in ₹)?
- 24.₹700 earns 5% simple interest per year. In how many years will the interest be ₹35?
- 25.Saanvi has ₹540 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Saanvi can buy?
- 26.Zoya buys a toffee for ₹3 and a juice box for ₹20. How many rupees does Zoya spend in all?
- 27.Shop A sells a water bottle for ₹235 with free delivery. Shop B sells it for ₹205 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 28.Zoya has ₹200. In a piggy bank it stays ₹200. In a bank at 2% simple interest per year, how many rupees more will Zoya have after 4 years?
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29.Saanvi’s shop bill:
2 storybooks at ₹120 each
1 colour pencil set at ₹85
1 lunch box at ₹210
What is the total bill (in ₹)? - 30.Riya saves ₹90 every week for 9 weeks, then buys a storybook set for ₹70. How many rupees are left?
- 31.A family plans ₹43000 for the month. 50% of it is for rent. How many rupees is that?
- 32.Count up to find the change from ₹20: ₹4 + ₹? = ₹20
- 33.Saanvi has 8 notes of ₹10. How many rupees does Saanvi have?
- 34.A 10 kg bag of potatoes costs ₹390. A 1 kg bag costs ₹26. How many rupees per kg do you save with the cheaper bag?
- 35.₹470 + ₹380 =
- 36.A 10 kg bag of wheat flour costs ₹500. A 5 kg bag costs ₹220. How many rupees per kg do you save with the cheaper bag?
- 37.₹? + ₹50 + ₹20 = ₹170
- 38.Count up to find the change from ₹100: ₹30 + ₹? = ₹100
- 39.Karan has 7 coins of ₹5. Gurpreet has 6 notes of ₹50. Who has more money? (a) Karan (b) Gurpreet
- 40.How many coins of ₹2 does Kavya need to make ₹4?
Answer key
- Need
- 18
- 8000
- 250
- 5.5
- 135
- 23
- 32
- 30
- 40
- 45
- 5
- 150
- 2320
- 1
- Need
- a third cricket bat
- 72
- samosa
- Offer 2
- 100
- 14
- 7
- 1
- 10
- 23
- Shop B
- 16
- 535
- 740
- 21500
- 16
- 80
- 13
- 850
- 6
- 100
- 70
- Gurpreet
- 2
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids