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.A pair of shoes costs ₹380. The shop gives 10% off. How many rupees is the discount?
- 2.One notebook costs ₹35. A pack of 3 notebooks costs ₹101. How many rupees do you save by buying the pack instead of 3 single ones?
- 3.Rohan’s class stall spends ₹440 to make 15 friendship bands and sells all of them at ₹30 each. What is the profit (in ₹)?
- 4.A paint box costs ₹47. Priya has ₹10 and ₹5. How many more rupees does Priya need?
- 5.₹30 − ₹27 =
- 6.₹24 + ₹9 + ₹20 =
- 7.₹31 − ₹27 =
- 8.There are 10 children in a class. Each child needs one mango at ₹40. What is the total cost (in ₹)?
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9.Lakshmi’s passbook:
Opening balance: ₹2200
Credit: ₹200
Debit: ₹50
Debit: ₹150
Debit: ₹350
What is the total of all the debits (in ₹)? - 10.For Ananya, is “a video game” a need or a want? (a) Want (b) Need
- 11.Diya saves ₹80 every week for 5 weeks, then buys a gift for Mum for ₹150. How many rupees are left?
- 12.Which is worth more: a ₹1 coin or a ₹10 coin? (a) 1-rupee coin (b) 10-rupee coin
- 13.Isha has ₹23. A kite costs ₹18. Does Isha have enough money to buy it? (a) No (b) Yes
- 14.A toffee costs ₹2 and a samosa costs ₹15. How many rupees more does the samosa cost?
- 15.A board game costs ₹420. Offer 1: 20% off. Offer 2: ₹60 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 16.How many ₹50 notes make a ₹200 note?
- 17.Kabir spends ₹130 to start a stall and sells each clay diya for ₹25. What is the smallest number Kabir must sell to get back the ₹130?
- 18.Of a ₹8000 monthly budget, 10% goes on electricity and 50% on food. The rest is saved. What percent is saved?
- 19.Rohan gets ₹30 a week, spends ₹5 each week and saves the rest. How many rupees has Rohan saved after 2 weeks?
- 20.Shop A sells 5 pairs of socks for ₹450. Shop B sells 6 pairs of socks for ₹510. Which shop is cheaper for one pair of socks? (a) Shop A (b) Shop B
- 21.Saanvi has 3 coins of ₹2. Sneha has 9 notes of ₹100. Who has less money? (a) Sneha (b) Saanvi
- 22.Ishaan keeps ₹200 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
- 23.One lunch box costs ₹175. How much do 8 lunch boxes cost (in ₹)?
- 24.A cricket bat costs ₹620. Offer 1: 50% off. Offer 2: ₹220 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
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25.Tara’s shop bill:
1 school bag at ₹535
1 badminton racket at ₹330
1 T-shirt at ₹370
What is the total bill (in ₹)? - 26.How many notes of ₹100 make ₹600?
- 27.A 5 kg bag of onions costs ₹190. A 2 kg bag costs ₹42. Which bag is cheaper per kg? (a) 5 kg bag (b) 2 kg bag
- 28.Kabir buys a pen for ₹16 and pays with a ₹100 note. How much change does Kabir get (in ₹)?
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29.Price list: biscuit packet ₹13, balloon ₹7, glue stick ₹23, banana ₹8.
How much do a balloon and a banana cost together (in ₹)? - 30.A toy car costs ₹69. Aarav has ₹10 and ₹5. How many more rupees does Aarav need?
- 31.Which is the smallest amount: ₹84, ₹57 or ₹40? (a) 57 rupees (b) 84 rupees (c) 40 rupees
- 32.Zoya has one ₹2 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 33.How many coins of ₹2 does Joseph need to make ₹20?
- 34.Shop A sells 6 plates of idli for ₹300. Shop B sells 3 plates of idli for ₹180. What does one plate of idli cost at the cheaper shop (in ₹)?
- 35.Aarav gets ₹150 pocket money every month. How many rupees is that in one year (12 months)?
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36.Price list: banana ₹4, toffee ₹2, samosa ₹20, sticker sheet ₹10.
How many rupees more does a sticker sheet cost than a banana? - 37.Diya has ₹31 in a piggy bank. Nani gives Diya ₹31 more. How many rupees does Diya have now?
- 38.Shop A sells 6 colour pencil sets for ₹570. Shop B sells 2 colour pencil sets for ₹170. Which shop is cheaper for one colour pencil set? (a) Shop A (b) Shop B
- 39.A sharpener costs ₹5. Karan pays ₹20. How much change does Karan get (in ₹)?
- 40.Saanvi has ₹36 in a piggy bank. Nani gives Saanvi ₹36 more. How many rupees does Saanvi have now?
Answer key
- 38
- 4
- 10
- 32
- 3
- 53
- 4
- 400
- 550
- Want
- 250
- 10-rupee coin
- Yes
- 13
- Offer 1
- 4
- 6
- 40
- 50
- Shop B
- Saanvi
- 214
- 1400
- Offer 1
- 1235
- 6
- 2 kg bag
- 84
- 15
- 54
- 40 rupees
- Coin
- 10
- 50
- 1800
- 6
- 62
- Shop B
- 15
- 72
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids