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.How many notebooks can you buy with ₹605 if one costs ₹55?
- 2.Ishaan wants a board game that costs ₹350. Ishaan saves ₹70 every week. How many weeks will it take?
- 3.Nisha has ₹550. First Nisha pays for needs: a raincoat (₹130) and a school uniform (₹150). How many rupees are left for wants?
- 4.Which is worth more: a ₹500 note or a ₹50 note? (a) 500-rupee note (b) 50-rupee note
- 5.Gurpreet has 2 notes of ₹100. Isha has 6 coins of ₹5. Who has more money? (a) Isha (b) Gurpreet
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6.Farhan’s passbook:
Opening balance: ₹4800
Credit (money in): ₹50
Debit (money out): ₹4550
What is the balance now (in ₹)? - 7.₹44 + ₹41 =
- 8.A study lamp costs ₹880. The shop gives 20% off. How many rupees is the discount?
- 9.2 footballs cost ₹550. How much do 6 footballs cost (in ₹)?
- 10.Which is worth the most: a ₹20 note, a ₹10 note or a ₹2 coin? (a) 10-rupee note (b) 20-rupee note (c) 2-rupee coin
- 11.Dev gets ₹26 every day. How many rupees is that in one week (7 days)?
- 12.Farhan wants a cricket bat that costs ₹665, has ₹230 already and saves ₹30 every week. In how many weeks will Farhan have enough?
- 13.For Lakshmi, is “a third cricket bat” a need or a want? (a) Want (b) Need
- 14.A day trip costs ₹1650 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
- 15.Which coins and notes make exactly ₹106? (a) 100 + 5 + 1 (b) 100 + 10 + 1 (c) 10 + 5 + 1
- 16.Farhan has ₹870 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Farhan can buy?
- 17.Lakshmi has 5 notes of ₹100 and 4 notes of ₹10. How many rupees does Lakshmi have?
- 18.Dev spends ₹140 to start a stall and sells each clay diya for ₹15. What is the smallest number Dev must sell to get back the ₹140?
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19.Rohan’s passbook:
Opening balance: ₹5000
Debit: ₹350
Debit: ₹50
Credit: ₹350
Debit: ₹250
What is the closing balance (in ₹)? - 20.Shop A sells a cricket ball for ₹135 with free delivery. Shop B sells it for ₹100 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
- 21.Shop A sells a badminton racket for ₹485 with free delivery. Shop B sells it for ₹440 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
- 22.Ishaan has ₹300. In a piggy bank it stays ₹300. In a bank at 9% simple interest per year, how many rupees more will Ishaan have after 4 years?
- 23.One juice box costs ₹25. A pack of 3 juice boxes costs ₹72. How many rupees do you save by buying the pack instead of 3 single ones?
- 24.One notebook costs ₹40. A pack of 3 notebooks costs ₹116. How many rupees do you save by buying the pack instead of 3 single ones?
- 25.₹1600 earns 4% simple interest per year. In how many years will the interest be ₹192?
- 26.Aarav has 3 coins of ₹1 and 2 coins of ₹2. How many rupees does Aarav have?
- 27.Aarav has ₹2. A pencil costs ₹5. Does Aarav have enough money to buy it? (a) Yes (b) No
- 28.Kabir has ₹1000 for a picnic. Food costs ₹330 and tickets cost ₹650. Is ₹1000 enough? (a) Yes (b) No
- 29.Meera gets ₹40 a week, spends ₹30 each week and saves the rest. How many rupees has Meera saved after 6 weeks?
- 30.Aarav buys a samosa for ₹13 and pays with a ₹100 note. How much change does Aarav get (in ₹)?
- 31.Which is the same money as one ₹200 note? (a) five 50-rupee notes (b) two 50-rupee notes (c) four 50-rupee notes
- 32.A study lamp costs ₹880. The shop gives 10% off. How many rupees is the discount?
- 33.A message says Pooja has won ₹2000. It asks for the UPI PIN to send the prize. What is true? (a) No PIN to receive money (b) Enter the PIN quickly (c) Prizes need your PIN
- 34.25 children go on a school trip to the zoo. The bus costs ₹80 for each child and the ticket costs ₹50 for each child. What is the total cost (in ₹)?
- 35.Kabir has 6 notes of ₹20. How many rupees does Kabir have?
- 36.Kavya has 1 note of ₹50, 1 note of ₹20 and 2 coins of ₹1. How many rupees does Kavya have?
- 37.A ruler costs ₹12 and a juice box costs ₹20. How many rupees more does the juice box cost?
- 38.7 mangoes cost ₹210. How much do 9 mangoes cost (in ₹)?
- 39.How many coins of ₹5 does Pooja need to make ₹45?
- 40.Count up to find the change from ₹10: ₹8 + ₹? = ₹10
Answer key
- 11
- 5
- 270
- 500-rupee note
- Gurpreet
- 300
- 85
- 176
- 1650
- 20-rupee note
- 182
- 15
- Want
- 550
- 100 + 5 + 1
- 17
- 540
- 10
- 4700
- 15
- 5
- 108
- 3
- 4
- 3
- 7
- No
- Yes
- 60
- 87
- four 50-rupee notes
- 88
- No PIN to receive money
- 3250
- 120
- 72
- 8
- 270
- 9
- 2
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids