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.Diya deposits ₹700 saved in a piggy bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 2.Kabir has 7 coins of ₹1. How many rupees does Kabir have?
- 3.28 children go on a school trip to the fort. The bus costs ₹100 for each child and the ticket costs ₹50 for each child. What is the total cost (in ₹)?
- 4.One ice candy costs ₹15. A pack of 3 ice candies costs ₹41. How many rupees do you save by buying the pack instead of 3 single ones?
- 5.Rahul has ₹9. A sticker sheet costs ₹10. Does Rahul have enough money to buy it? (a) No (b) Yes
- 6.Aditya wants to save ₹300 for a storybook set in 5 weeks, the same amount each week. How many rupees must Aditya save each week?
- 7.A 10 kg bag of potatoes costs ₹260. A 2 kg bag costs ₹70. How many rupees per kg do you save with the cheaper bag?
- 8.A football costs ₹435 online. Delivery is ₹30 and a coupon takes ₹30 off. What is the final price (in ₹)?
- 9.Tara has 2 notes of ₹100. Isha has 5 notes of ₹20. Who has less money? (a) Tara (b) Isha
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10.Rahul’s shop bill:
1 water bottle at ₹210
4 cricket balls at ₹115 each
1 school bag at ₹495
What is the total bill (in ₹)? - 11.Nisha sells 27 friendship bands at ₹5 each. How many rupees does Nisha get?
- 12.Shop A sells a badminton racket for ₹525 with free delivery. Shop B sells it for ₹550 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 13.1900 paise is how many rupees? =
- 14.Aditya wants a cricket bat that costs ₹490. Aditya saves ₹70 every week. How many weeks will it take?
- 15.Manav’s mother has ₹2900 in her bank account. She pays ₹180 for fruit and ₹50 for vegetables by UPI. How many rupees are left in the account?
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16.Lakshmi’s passbook:
Opening balance: ₹3000
Credit (money in): ₹350
Debit (money out): ₹700
What is the balance now (in ₹)? - 17.A kite costs ₹13 and an eraser costs ₹5. How many rupees more does the kite cost?
- 18.Tara has 2 notes of ₹200. How many rupees does Tara have?
- 19.Lakshmi gets ₹50 a week, spends ₹30 each week and saves the rest. How many rupees has Lakshmi saved after 5 weeks?
- 20.Riya buys a samosa for ₹14 and pays with a ₹100 note. How much change does Riya get (in ₹)?
- 21.Rahul spends ₹150 to start a stall and sells each cup of lemonade for ₹10. What is the smallest number Rahul must sell to get back the ₹150?
- 22.What is the smallest number of coins and notes that make ₹98?
- 23.Count up to find the change from ₹500: ₹408 + ₹? = ₹500
- 24.₹19.50 + ₹1 =
- 25.Sneha has ₹1500. In a piggy bank it stays ₹1500. In a bank at 4% simple interest per year, how many rupees more will Sneha have after 3 years?
- 26.Which coins and notes make exactly ₹151? (a) 100 + 50 + 10 (b) 50 + 5 + 1 (c) 100 + 50 + 1
- 27.Manav is making a shopping list. Which of these is a need? (a) designer sunglasses (b) a remote-control car (c) a school uniform (d) a glitter pen set
- 28.4 footballs cost ₹1440. How much do 2 footballs cost (in ₹)?
- 29.Ananya’s class stall spends ₹140 to make 13 plates of bhel and sells all of them at ₹10 each. What is the loss (in ₹)?
- 30.Tara sees that ₹10000 was sent to a wrong number by mistake. What should Tara do first? (a) Tell a parent at once (b) Keep it a secret (c) Pay again to fix it
- 31.A balloon costs ₹10 and a sticker sheet costs ₹6. How many rupees more does the balloon cost?
- 32.Arjun wants a board game that costs ₹365, has ₹60 already and saves ₹70 every week. In how many weeks will Arjun have enough?
- 33.Of a ₹22000 monthly budget, 20% goes on rent and 5% on food. The rest is saved. How many rupees are saved?
- 34.₹11 + ₹75 =
- 35.Joseph wants a cricket bat that costs ₹535, has ₹190 already and saves ₹50 every week. In how many weeks will Joseph have enough?
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36.Price list: eraser ₹2, ice candy ₹14, pencil ₹5, crayon box ₹50.
How many rupees more does a crayon box cost than an eraser? - 37.300 paise is how many rupees? =
- 38.For Kavya, is “a new party dress” a need or a want? (a) Want (b) Need
- 39.Of a ₹25000 monthly budget, 50% goes on electricity and 10% on rent. The rest is saved. How many rupees are saved?
- 40.A 1 kg bag of wheat flour costs ₹50. A 5 kg bag costs ₹215. How many rupees per kg do you save with the cheaper bag?
Answer key
- Credit
- 7
- 4200
- 4
- No
- 60
- 9
- 435
- Isha
- 1165
- 135
- 45
- 19
- 7
- 2670
- 2650
- 8
- 400
- 100
- 86
- 15
- 6
- 92
- 20.5
- 180
- 100 + 50 + 1
- a school uniform
- 720
- 10
- Tell a parent at once
- 4
- 5
- 16500
- 86
- 7
- 48
- 3
- Want
- 10000
- 7
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids