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.Of a ₹7000 monthly budget, 30% goes on rent and 25% on school fees. The rest is saved. How many rupees are saved?
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2.Riya’s passbook:
Opening balance: ₹2800
Debit: ₹350
Credit: ₹50
Credit: ₹300
Debit: ₹150
What is the closing balance (in ₹)? - 3.Nisha keeps ₹400 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
- 4.₹350 + ₹70 =
- 5.A family plans ₹10000 for the month. 30% of it is for rent. How many rupees is that?
- 6.Aditya buys a badminton racket (₹560), a T-shirt (₹275), a pen (₹13) and a school bag (₹565). What is the total (in ₹)?
- 7.One mango costs ₹40. How much do 4 mangoes cost (in ₹)?
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8.Farhan’s passbook:
Opening balance: ₹4300
Credit (money in): ₹1000
Debit (money out): ₹?
Closing balance: ₹800
How many rupees was the debit? - 9.14 children go on a school trip to the planetarium. The bus costs ₹90 for each child and the ticket costs ₹50 for each child. What is the total cost (in ₹)?
- 10.₹? + ₹100 + ₹50 = ₹170
- 11.One school bag costs ₹765. How much do 9 school bags cost (in ₹)?
- 12.Farhan has 2 notes of ₹200. How many rupees does Farhan have?
- 13.What is the smallest number of coins and notes that make ₹84?
- 14.A dozen (12) bangles cost ₹180. What does one cost (in ₹)?
- 15.Meera has 4 coins of ₹10. How many rupees does Meera have?
- 16.Aarav has ₹1900. In a piggy bank it stays ₹1900. In a bank at 3% simple interest per year, how many rupees more will Aarav have after 2 years?
- 17.A samosa costs ₹15 and a banana costs ₹4. How many rupees more does the samosa cost?
- 18.Which is the same money as one ₹10 note? (a) five 2-rupee coins (b) four 2-rupee coins (c) two 2-rupee coins
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19.Price list: samosa ₹13, biscuit packet ₹16, balloon ₹7, eraser ₹3.
How much do 5 balloons cost (in ₹)? - 20.Which is worth more: a ₹5 coin or a ₹100 note? (a) 100-rupee note (b) 5-rupee coin
- 21.Dev has ₹410 for return gifts. Each gift costs ₹30. What is the greatest number of gifts Dev can buy?
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22.Price list: balloon ₹5, notebook ₹30, sharpener ₹9, pencil ₹4.
How many rupees more does a notebook cost than a balloon? -
23.Pooja’s shop bill:
1 water bottle at ₹155
1 T-shirt at ₹345
1 notebook at ₹40
What is the total bill (in ₹)? - 24.Gurpreet is making a shopping list. Which of these is a need? (a) a new party dress (b) notebooks for school (c) extra comic books (d) designer sunglasses
- 25.A 1 kg bag of dal costs ₹117. A 10 kg bag costs ₹1440. How many rupees per kg do you save with the cheaper bag?
- 26.Aditya buys 2 cricket balls at ₹105 each and pays with a ₹500 note. How much change does Aditya get (in ₹)?
- 27.Aditya buys a sharpener for ₹8 and a notebook for ₹30. How many rupees does Aditya spend in all?
- 28.Ananya has 9 coins of ₹1. How many rupees does Ananya have?
- 29.A 5 kg bag of potatoes costs ₹100. A 1 kg bag costs ₹25. Which bag is cheaper per kg? (a) 1 kg bag (b) 5 kg bag
- 30.₹1700 earns 7% simple interest per year. In how many years will the interest be ₹476?
- 31.Riya got ₹60 in 3 weeks, the same amount every week. How many rupees is that each week?
- 32.Nisha buys a pen (₹19), a T-shirt (₹285), a notebook (₹50) and a plate of idli (₹35). What is the total (in ₹)?
- 33.How many notes of ₹50 make ₹500?
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34.Karan’s passbook:
Opening balance: ₹3300
Credit: ₹500
Debit: ₹450
Credit: ₹150
Credit: ₹500
What is the total of all the credits (in ₹)? - 35.₹5.50 + ₹19.50 =
- 36.₹1000 earns 2% simple interest per year. In how many years will the interest be ₹20?
- 37.Tara has one ₹2 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 38.Arjun’s piggy bank has 4 coins of ₹20, 4 coins of ₹5 and 5 coins of ₹1. How many rupees are in it?
- 39.Rohan had ₹78. Rohan spent ₹2 on a toffee. How many rupees are left?
- 40.A juice box costs ₹9.50. Kavya pays ₹20. How much change does Kavya get, in rupees? =
Answer key
- 3150
- 2650
- 440
- 420
- 3000
- 1413
- 160
- 4500
- 1960
- 20
- 6885
- 400
- 5
- 15
- 40
- 114
- 11
- five 2-rupee coins
- 35
- 100-rupee note
- 13
- 25
- 540
- notebooks for school
- 27
- 290
- 38
- 9
- 5 kg bag
- 4
- 20
- 389
- 10
- 1150
- 25
- 1
- Coin
- 105
- 76
- 10.5
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids