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.Priya’s passbook:
Opening balance: ₹4600
Debit: ₹450
Debit: ₹400
Debit: ₹50
Credit: ₹400
What is the total of all the debits (in ₹)? - 2.Shop A sells a football for ₹300 with free delivery. Shop B sells it for ₹415 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 3.Of a ₹11000 monthly budget, 5% goes on travel and 30% on food. The rest is saved. How many rupees are saved?
- 4.There are 39 children in a class. Each child needs one plate of idli at ₹55. What is the total cost (in ₹)?
- 5.Joseph has 7 coins of ₹5. How many rupees does Joseph have?
- 6.Which is worth the least: a ₹5 coin, a ₹10 note or a ₹2 coin? (a) 2-rupee coin (b) 5-rupee coin (c) 10-rupee note
- 7.A 2 kg bag of dal costs ₹224. A 5 kg bag costs ₹555. How many rupees per kg do you save with the cheaper bag?
- 8.Zoya gets ₹17 every day. How many rupees is that in one week (7 days)?
- 9.Kabir is making a shopping list. Which of these is a want? (a) vegetables (b) a school uniform (c) school shoes (d) a bigger TV
- 10.Arjun gets ₹45 pocket money every week. How many rupees is that in 2 weeks?
- 11.How many coins of ₹5 does Rohan need to make ₹30?
- 12.Aditya has ₹100. In a piggy bank it stays ₹100. In a bank at 2% simple interest per year, how many rupees more will Aditya have after 5 years?
- 13.Diya’s piggy bank has 2 coins of ₹10, 4 coins of ₹5 and 5 coins of ₹2. How many rupees are in it?
- 14.A water bottle costs ₹140 online. Delivery is ₹20 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 15.6 footballs cost ₹1530. How much do 5 footballs cost (in ₹)?
- 16.A toy train costs ₹100. The shop gives 25% off. What is the sale price (in ₹)?
- 17.A ruler costs ₹10. Ishaan pays ₹50. How much change does Ishaan get (in ₹)?
- 18.A skipping rope costs ₹72. Gurpreet has ₹10 and ₹2. How many more rupees does Gurpreet need?
- 19.Which is worth the most: a ₹50 note, a ₹20 coin or a ₹2 coin? (a) 50-rupee note (b) 20-rupee coin (c) 2-rupee coin
- 20.8 cricket balls cost ₹1080. What does one cricket ball cost (in ₹)?
- 21.Joseph has a budget of ₹500 for a birthday party. The snacks cost ₹60, the balloons cost ₹100 and the juice cost ₹70. How many rupees are left?
- 22.4 pens cost ₹52. How much do 7 pens cost (in ₹)?
- 23.For Isha, is “a fancy phone cover” a need or a want? (a) Need (b) Want
- 24.How many paise are there in ₹13?
- 25.Shop A sells a badminton racket for ₹385 with free delivery. Shop B sells it for ₹480 plus ₹50 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 26.The bill for a T-shirt and a pair of socks is ₹430. A T-shirt costs ₹360. What does the pair of socks cost (in ₹)?
- 27.What do 5 plates of idli at ₹40 each and 2 pens at ₹19 each cost in all (in ₹)?
- 28.A message says Aditya has won ₹25000. It asks for the UPI PIN to send the prize. What is true? (a) Prizes need your PIN (b) Enter the PIN quickly (c) No PIN to receive money
- 29.₹21 + ₹56 =
- 30.A stall pays ₹6 for each cupcake and sells each one for ₹11. It sells 20 cupcakes. What is the total profit (in ₹)?
- 31.Isha has 3 notes of ₹50, 2 notes of ₹20 and 1 coin of ₹5. How many rupees does Isha have?
- 32.Arjun buys a toffee for ₹1 and a samosa for ₹12, and pays ₹50. How much change does Arjun get (in ₹)?
- 33.₹200 earns 3% simple interest per year. In how many years will the interest be ₹12?
- 34.Riya buys a plate of idli for ₹50 and pays with a ₹100 note. How much change does Riya get (in ₹)?
- 35.How many ₹10 notes make a ₹100 note?
- 36.An eraser costs ₹3. Aditya pays ₹50. How much change does Aditya get (in ₹)?
- 37.One pencil costs ₹6. A pack of 3 pencils costs ₹17. How many rupees do you save by buying the pack instead of 3 single ones?
- 38.Which is the smallest amount: ₹98, ₹99 or ₹30? (a) 98 rupees (b) 99 rupees (c) 30 rupees
- 39.₹20 + ₹5 + ₹? = ₹26
- 40.Which is worth the least: a ₹20 note, a ₹200 note or a ₹5 coin? (a) 200-rupee note (b) 5-rupee coin (c) 20-rupee note
Answer key
- 900
- 135
- 7150
- 2145
- 35
- 2-rupee coin
- 1
- 119
- a bigger TV
- 90
- 6
- 10
- 50
- 140
- 1275
- 75
- 40
- 60
- 50-rupee note
- 135
- 270
- 91
- Want
- 1300
- Shop A
- 70
- 238
- No PIN to receive money
- 77
- 100
- 195
- 37
- 2
- 50
- 10
- 47
- 1
- 30 rupees
- 1
- 5-rupee coin
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids