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 Tara, is “a fancy phone cover” a need or a want? (a) Want (b) Need
- 2.Rahul gets ₹5 every day. How many rupees is that in one week (7 days)?
- 3.₹400 earns 3% simple interest per year. In how many years will the interest be ₹24?
- 4.Count up to find the change from ₹50: ₹2 + ₹? = ₹50
- 5.₹5 − ₹2.50 =
- 6.A jacket costs ₹100. Offer 1: 50% off. Offer 2: ₹20 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
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7.Karan’s shop bill:
2 water bottles at ₹195 each
1 lunch box at ₹265
3 pens at ₹20 each
What is the total bill (in ₹)? - 8.A dozen (12) eggs cost ₹84. What does one cost (in ₹)?
- 9.Priya buys 3 samosas at ₹20 each and pays with a ₹500 note. How much change does Priya get (in ₹)?
- 10.Diya buys a geometry box (₹130), a football (₹290), a plate of idli (₹35) and a pair of socks (₹60). What is the total (in ₹)?
- 11.A storybook costs ₹98. Joseph has ₹20 and ₹10. How many more rupees does Joseph need?
- 12.Manav wants an art kit that costs ₹450. Manav saves ₹50 every week. How many weeks will it take?
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13.Price list: biscuit packet ₹10, sticker sheet ₹6, ruler ₹9, glue stick ₹15.
How much do a ruler and a sticker sheet cost together (in ₹)? - 14.A stall pays ₹4 for each greeting card and sells each one for ₹5. It sells 20 greeting cards. What is the total profit (in ₹)?
- 15.A school bag costs ₹680. The shop gives 10% off. How many rupees is the discount?
- 16.Manav has 2 notes of ₹500. How many rupees does Manav have?
- 17.How many coins of ₹2 does Tara need to make ₹20?
- 18.A badminton racket costs ₹305 online. Delivery is ₹20 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 19.Pooja got ₹135 in 3 weeks, the same amount every week. How many rupees is that each week?
- 20.Rohan has 5 coins of ₹1 and 2 coins of ₹5. How many rupees does Rohan have?
- 21.Gurpreet spends ₹280 to start a stall and sells each cupcake for ₹30. What is the smallest number Gurpreet must sell to get back the ₹280?
- 22.Isha is making a shopping list. Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) soap (d) sweets every day
- 23.Vivaan makes 2 paper bookmarks an hour and sells each one for ₹25. How many rupees can Vivaan earn from 2 hours of work?
- 24.What do 4 samosas at ₹14 each and 5 storybooks at ₹155 each cost in all (in ₹)?
- 25.2 colour pencil sets cost ₹180. How much do 9 colour pencil sets cost (in ₹)?
- 26.A stall pays ₹2 for each friendship band and sells each one for ₹4. It sells 38 friendship bands. What is the total profit (in ₹)?
- 27.Shop A sells 4 plates of idli for ₹240. Shop B sells 5 plates of idli for ₹275. What does one plate of idli cost at the cheaper shop (in ₹)?
- 28.Karan buys a glue stick for ₹22 and a balloon for ₹8, and pays ₹50. How much change does Karan get (in ₹)?
- 29.Shop A sells a lunch box for ₹160 with free delivery. Shop B sells it for ₹160 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
- 30.Shop A sells 5 plates of idli for ₹200. Shop B sells 3 plates of idli for ₹105. Which shop is cheaper for one plate of idli? (a) Shop A (b) Shop B
- 31.A 10 kg bag of tomatoes costs ₹260. A 5 kg bag costs ₹140. How many rupees per kg do you save with the cheaper bag?
- 32.Tara buys a notebook for ₹35 and pays with a ₹100 note. How much change does Tara get (in ₹)?
- 33.A 5 kg bag of dal costs ₹505. A 2 kg bag costs ₹216. Which bag is cheaper per kg? (a) 2 kg bag (b) 5 kg bag
- 34.Manav gets ₹90 a week, spends ₹10 each week and saves the rest. How many rupees has Manav saved after 6 weeks?
- 35.Joseph gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Joseph do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
- 36.There are 10 children in a class. Each child needs one mango at ₹40. What is the total cost (in ₹)?
- 37.Shop A sells a water bottle for ₹175 with free delivery. Shop B sells it for ₹165 plus ₹80 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 38.Shop A sells a cricket ball for ₹105 with free delivery. Shop B sells it for ₹115 plus ₹70 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 39.A toy car costs ₹46. Nisha has ₹10 and ₹2. How many more rupees does Nisha need?
- 40.Riya had ₹47. Riya spent ₹17 on a biscuit packet. How many rupees are left?
Answer key
- Want
- 35
- 2
- 48
- 2.5
- Offer 1
- 715
- 7
- 440
- 515
- 68
- 9
- 15
- 20
- 68
- 1000
- 10
- 305
- 45
- 15
- 10
- soap
- 100
- 831
- 810
- 76
- 55
- 20
- 40
- Shop B
- 2
- 65
- 5 kg bag
- 480
- Never share the OTP
- 400
- Shop A
- Shop A
- 34
- 30
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids