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
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1.Price list: banana ₹4, pencil ₹3, sticker sheet ₹9, eraser ₹2.
How much do 3 erasers cost (in ₹)? - 2.Isha has ₹9. A samosa costs ₹14. Does Isha have enough money to buy it? (a) No (b) Yes
- 3.A kite costs ₹23 and a toffee costs ₹1. How many rupees more does the kite cost?
- 4.How many ₹2 coins make a ₹20 coin?
- 5.Isha has a budget of ₹2000 for a birthday party. The decorations cost ₹70, the balloons cost ₹160 and the juice cost ₹130. How many rupees are left?
- 6.One sharpener costs ₹5. A pack of 3 sharpeners costs ₹11. How many rupees do you save by buying the pack instead of 3 single ones?
- 7.Nisha buys a balloon for ₹5 and a toffee for ₹3, and pays ₹50. How much change does Nisha get (in ₹)?
- 8.There are 16 children in a class. Each child needs one mango at ₹40. What is the total cost (in ₹)?
- 9.A balloon costs ₹6. Tara pays ₹20. How much change does Tara get (in ₹)?
- 10.Lakshmi has one ₹5 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 11.₹400 earns 9% simple interest per year. In how many years will the interest be ₹36?
- 12.₹330 + ₹60 =
- 13.Pooja had ₹8. Pooja spent ₹5 on a pencil. How many rupees are left?
- 14.How many geometry boxes can you buy with ₹1500 if one costs ₹125?
- 15.How many samosas can you buy with ₹54 if one costs ₹18?
- 16.24 children go on a school trip to the fort. The bus costs ₹60 for each child and the ticket costs ₹10 for each child. What is the total cost (in ₹)?
- 17.Someone online asks Riya for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) A friend at school (c) No one
- 18.Farhan wants to save ₹880 for a cricket bat in 44 weeks, the same amount each week. How many rupees must Farhan save each week?
- 19.Lakshmi is making a shopping list. Which of these is a need? (a) extra comic books (b) a remote-control car (c) a warm blanket (d) sweets every day
- 20.₹410 − ₹180 =
- 21.Arjun pays a school fee of ₹450 from the account. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 22.What is the smallest number of coins and notes that make ₹163?
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23.Vivaan’s shop bill:
4 pens at ₹19 each
1 badminton racket at ₹325
3 plates of idli at ₹40 each
What is the total bill (in ₹)? - 24.Which coins and notes make exactly ₹115? (a) 100 + 50 + 10 (b) 100 + 10 + 5 (c) 10 + 5 + 2
- 25.Meera has ₹750. First Meera pays for needs: school shoes (₹250) and a geometry box (₹150). How many rupees are left for wants?
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26.Price list: ice candy ₹14, ruler ₹13, glue stick ₹16, crayon box ₹30.
How much do 3 glue sticks cost (in ₹)? -
27.Price list: balloon ₹5, pencil ₹4, ice candy ₹9, juice box ₹25.
How much do a balloon and a pencil cost together (in ₹)? - 28.Isha wants to save ₹270 for a gift for Mum in 3 weeks, the same amount each week. How many rupees must Isha save each week?
- 29.Rohan had ₹73. Rohan spent ₹14 on a biscuit packet. How many rupees are left?
- 30.Diya keeps ₹400 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
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31.Meera’s shop bill:
3 cricket balls at ₹125 each
2 water bottles at ₹170 each
1 badminton racket at ₹335
What is the total bill (in ₹)? - 32.A family plans ₹40000 for the month. 40% of it is for rent. How many rupees is that?
- 33.A 10 kg bag of sugar costs ₹490. A 2 kg bag costs ₹94. How many rupees per kg do you save with the cheaper bag?
- 34.Nisha has 7 notes of ₹20. How many rupees does Nisha have?
- 35.Shop A sells a cricket ball for ₹125 with free delivery. Shop B sells it for ₹130 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 36.Arjun has ₹1500. In a piggy bank it stays ₹1500. In a bank at 7% simple interest per year, how many rupees more will Arjun have after 2 years?
- 37.Priya has a budget of ₹1500 for a birthday party. The balloons cost ₹70, the juice cost ₹40 and the snacks cost ₹250. How many rupees are left?
- 38.After 10% off, a toy train costs ₹864. What was the price before the sale (in ₹)?
- 39.One balloon costs ₹8. A pack of 3 balloons costs ₹20. How many rupees do you save by buying the pack instead of 3 single ones?
- 40.What do 3 pens at ₹22 each and 4 T-shirts at ₹270 each cost in all (in ₹)?
Answer key
- 6
- No
- 22
- 10
- 1640
- 4
- 42
- 640
- 14
- Coin
- 1
- 390
- 3
- 12
- 3
- 1680
- No one
- 20
- a warm blanket
- 230
- Debit
- 5
- 521
- 100 + 10 + 5
- 350
- 48
- 9
- 90
- 59
- 40
- 1050
- 16000
- 2
- 140
- 25
- 210
- 1140
- 960
- 4
- 1146
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids