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: ruler ₹12, eraser ₹4, toffee ₹3, balloon ₹10.
Which item costs the most? (a) eraser (b) ruler (c) toffee (d) balloon - 2.Ishaan makes 2 greeting cards an hour and sells each one for ₹30. How many rupees can Ishaan earn from 1 hour of work?
- 3.A day trip costs ₹200 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
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4.Price list: biscuit packet ₹10, eraser ₹3, pencil ₹5, samosa ₹11.
Which item costs the least? (a) biscuit packet (b) samosa (c) pencil (d) eraser - 5.Which is worth the most: a ₹20 coin, a ₹2 coin or a ₹1 coin? (a) 1-rupee coin (b) 20-rupee coin (c) 2-rupee coin
- 6.Of a ₹34000 monthly budget, 10% goes on electricity and 5% on food. The rest is saved. How many rupees are saved?
- 7.Aditya has ₹31 in a piggy bank. Nana gives Aditya ₹30 more. How many rupees does Aditya have now?
- 8.3 notebooks cost ₹90. What does one notebook cost (in ₹)?
- 9.Aarav’s mother has ₹1200 in her bank account. She pays ₹260 for vegetables and ₹400 for milk by UPI. How many rupees are left in the account?
- 10.The bill for a pair of socks and a mango is ₹115. A pair of socks costs ₹85. What does the mango cost (in ₹)?
- 11.Manav’s mother has ₹3000 in her bank account. She pays ₹50 for bread and ₹180 for milk by UPI. How many rupees are left in the account?
- 12.Arjun has 6 coins of ₹5 and 6 coins of ₹10. How many rupees does Arjun have?
- 13.A water gun costs ₹84. Lakshmi has ₹20 and ₹10. How many more rupees does Lakshmi need?
- 14.Kabir buys a notebook for ₹30 and pays with a ₹100 note. How much change does Kabir get (in ₹)?
- 15.Kabir buys a lunch box for ₹290 and a pen for ₹10, and pays with a ₹500 note. How much change does Kabir get (in ₹)?
- 16.Kabir has 7 notes of ₹50. How many rupees does Kabir have?
- 17.Shop A sells 5 pens for ₹115. Shop B sells 3 pens for ₹45. Which shop is cheaper for one pen? (a) Shop B (b) Shop A
- 18.A 5 kg bag of tomatoes costs ₹250. A 10 kg bag costs ₹410. Which bag is cheaper per kg? (a) 5 kg bag (b) 10 kg bag
- 19.A day trip costs ₹1200 in all. 4 friends share the cost equally. How much does each friend pay (in ₹)?
- 20.Ishaan buys 2 erasers at ₹5 each and pays ₹20. How much change does Ishaan get (in ₹)?
- 21.Meera is making a shopping list. Which of these is a need? (a) a remote-control car (b) rice and dal (c) a sticker album (d) extra comic books
- 22.How many lunch boxes can you buy with ₹900 if one costs ₹225?
- 23.Count up to find the change from ₹100: ₹15 + ₹? = ₹100
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24.Price list: biscuit packet ₹12, toffee ₹1, pencil ₹3, ruler ₹8.
How much do 3 pencils cost (in ₹)? - 25.Pooja has 4 notes of ₹200 and 1 note of ₹10. How many rupees does Pooja have?
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26.Price list: kite ₹23, glue stick ₹20, pencil ₹3, juice box ₹25.
How much do 3 pencils cost (in ₹)? - 27.What is the smallest number of coins and notes that make ₹21?
- 28.Lakshmi had ₹93. Lakshmi spent ₹9 on a balloon. How many rupees are left?
- 29.37 children go on a school trip to the museum. The bus costs ₹50 for each child and the ticket costs ₹45 for each child. What is the total cost (in ₹)?
- 30.Shop A sells 4 pairs of socks for ₹280. Shop B sells 3 pairs of socks for ₹180. What does one pair of socks cost at the cheaper shop (in ₹)?
- 31.Of a ₹30000 monthly budget, 50% goes on clothes and 5% on rent. The rest is saved. What percent is saved?
- 32.Which is worth more: a ₹500 note or a ₹20 coin? (a) 500-rupee note (b) 20-rupee coin
- 33.Which is worth more: a ₹10 note or a ₹50 note? (a) 10-rupee note (b) 50-rupee note
- 34.A day trip costs ₹3840 in all. 8 friends share the cost equally. How much does each friend pay (in ₹)?
- 35.₹7.50 − ₹3.50 =
- 36.Shop A sells 2 colour pencil sets for ₹150. Shop B sells 5 colour pencil sets for ₹475. Which shop is cheaper for one colour pencil set? (a) Shop B (b) Shop A
- 37.Meera wants a gift for Mum that costs ₹220. Meera saves ₹20 every week. How many weeks will it take?
- 38.₹6.50 + ₹8.50 =
- 39.How many coins of ₹10 does Aarav need to make ₹100?
- 40.A 10 kg bag of rice costs ₹660. A 1 kg bag costs ₹67. Which bag is cheaper per kg? (a) 10 kg bag (b) 1 kg bag
Answer key
- ruler
- 60
- 100
- eraser
- 20-rupee coin
- 28900
- 61
- 30
- 540
- 30
- 2770
- 90
- 54
- 70
- 200
- 350
- Shop B
- 10 kg bag
- 300
- 10
- rice and dal
- 4
- 85
- 9
- 810
- 9
- 2
- 84
- 3515
- 60
- 45
- 500-rupee note
- 50-rupee note
- 480
- 4
- Shop A
- 11
- 15
- 10
- 10 kg bag
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids