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: eraser ₹5, pencil ₹7, juice box ₹25, ruler ₹10.
How much do 4 juice boxes cost (in ₹)? - 2.Karan has 3 coins of ₹2. How many rupees does Karan have?
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3.Price list: sticker sheet ₹6, toffee ₹2, ruler ₹8, biscuit packet ₹14.
How much do a biscuit packet and a sticker sheet cost together (in ₹)? - 4.A water bottle costs ₹160. The shop gives 20% off. What is the sale price (in ₹)?
- 5.A school bag costs ₹500. The shop gives 50% off. What is the sale price (in ₹)?
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6.Price list: ice candy ₹11, notebook ₹35, biscuit packet ₹10, toffee ₹1.
How much do 3 ice candies cost (in ₹)? -
7.Price list: pencil ₹7, toffee ₹1, eraser ₹2, juice box ₹20.
How many rupees more does a juice box cost than a pencil? - 8.One storybook costs ₹110. How much do 7 storybooks cost (in ₹)?
- 9.Dev buys a geometry box (₹80), a storybook (₹185), a cricket ball (₹120) and a school bag (₹575). What is the total (in ₹)?
- 10.Vivaan has ₹36. A crayon box costs ₹35. Does Vivaan have enough money to buy it? (a) No (b) Yes
- 11.Joseph is making a shopping list. Which of these is a want? (a) toothpaste (b) a schoolbag (c) a fancy phone cover (d) vegetables
- 12.Which is the same money as one ₹20 note? (a) four 5-rupee coins (b) three 5-rupee coins (c) six 5-rupee coins
- 13.Kabir’s class stall spends ₹280 to make 10 friendship bands and sells all of them at ₹30 each. What is the profit (in ₹)?
- 14.Shop A sells a school bag for ₹790 with free delivery. Shop B sells it for ₹560 plus ₹70 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 15.A water bottle costs ₹540. The shop gives 25% off. How many rupees is the discount?
- 16.One crayon box costs ₹30. A pack of 3 crayon boxes costs ₹87. How many rupees do you save by buying the pack instead of 3 single ones?
- 17.A day trip costs ₹600 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
- 18.Aditya has 8 notes of ₹20. Rahul has 5 coins of ₹2. Who has more money? (a) Rahul (b) Aditya
- 19.5 friends run a stall selling plates of bhel and make a profit of ₹1950. They share it equally. How many rupees does each friend get?
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20.Price list: sticker sheet ₹6, juice box ₹20, eraser ₹3, biscuit packet ₹12.
Kavya has ₹50 and buys a sticker sheet. How many rupees are left? - 21.Which is worth more: a ₹5 coin or a ₹50 note? (a) 50-rupee note (b) 5-rupee coin
- 22.Zoya has 1 note of ₹50, 3 notes of ₹20 and 4 coins of ₹2. How many rupees does Zoya have?
- 23.Kavya takes out ₹1100 from an ATM. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 24.Karan’s class stall spends ₹760 to make 26 clay diyas and sells all of them at ₹30 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 25.Vivaan gets ₹400 pocket money every month. How many rupees is that in one year (12 months)?
- 26.5 footballs cost ₹1550. What does one football cost (in ₹)?
- 27.₹1800 earns 3% simple interest per year. In how many years will the interest be ₹108?
- 28.Gurpreet gets ₹13 every day. How many rupees is that in one week (7 days)?
- 29.Karan’s class stall spends ₹350 to make 36 plates of bhel and sells all of them at ₹10 each. What is the profit (in ₹)?
- 30.₹15 + ₹30 + ₹13 =
- 31.7 pairs of socks cost ₹420. How much do 8 pairs of socks cost (in ₹)?
- 32.Of a ₹30000 monthly budget, 20% goes on rent and 50% on food. The rest is saved. What percent is saved?
- 33.Which is worth the most: a ₹2 coin, a ₹1 coin or a ₹200 note? (a) 2-rupee coin (b) 200-rupee note (c) 1-rupee coin
- 34.Ananya gets ₹450 pocket money every month. How many rupees is that in one year (12 months)?
- 35.10 geometry boxes cost ₹1500. What does one geometry box cost (in ₹)?
- 36.How many paise are there in ₹2?
- 37.Riya has 6 notes of ₹50. Aarav has 4 coins of ₹2. Who has more money? (a) Riya (b) Aarav
- 38.Isha keeps ₹1600 in a bank at 8% simple interest per year. How much money will there be after 3 years (in ₹)?
- 39.Shop A sells 2 mangoes for ₹50. Shop B sells 6 mangoes for ₹240. What does one mango cost at the cheaper shop (in ₹)?
- 40.Aarav spends ₹35 of ₹700 pocket money on books. What percent is that?
Answer key
- 100
- 6
- 20
- 128
- 250
- 33
- 13
- 770
- 960
- Yes
- a fancy phone cover
- four 5-rupee coins
- 20
- Shop B
- 135
- 3
- 300
- Aditya
- 390
- 44
- 50-rupee note
- 118
- Debit
- Profit
- 4800
- 310
- 2
- 91
- 10
- 58
- 480
- 30
- 200-rupee note
- 5400
- 150
- 200
- Riya
- 1984
- 25
- 5
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids