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.Shop A sells a lunch box for ₹195 with free delivery. Shop B sells it for ₹190 plus ₹80 delivery. How many rupees do you save by buying from the cheaper shop?
- 2.What do 2 samosas at ₹19 each and 2 mangoes at ₹35 each cost in all (in ₹)?
- 3.Ananya wants an art kit that costs ₹315, has ₹50 already and saves ₹70 every week. In how many weeks will Ananya have enough?
- 4.There are 36 children in a class. Each child needs one notebook at ₹55. What is the total cost (in ₹)?
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5.Price list: biscuit packet ₹10, eraser ₹4, sticker sheet ₹11, balloon ₹5.
Lakshmi has ₹20 and buys a biscuit packet. How many rupees are left? - 6.Tara wants a bicycle that costs ₹4915, has ₹450 already and saves ₹250 every week. In how many weeks will Tara have enough?
- 7.Meera spends ₹70 to start a stall and sells each friendship band for ₹25. What is the smallest number Meera must sell to get back the ₹70?
- 8.Kabir has ₹16. An ice candy costs ₹13. Does Kabir have enough money to buy it? (a) Yes (b) No
- 9.A message says Aditya has won ₹500. It asks for the UPI PIN to send the prize. What is true? (a) Enter the PIN quickly (b) No PIN to receive money (c) Prizes need your PIN
- 10.Dev makes 5 friendship bands an hour and sells each one for ₹20. How many rupees can Dev earn from 1 hour of work?
- 11.Lakshmi buys 2 storybooks at ₹155 each and pays with a ₹500 note. How much change does Lakshmi get (in ₹)?
- 12.There are 40 children in a class. Each child needs one notebook at ₹30. What is the total cost (in ₹)?
- 13.A 5 kg bag of rice costs ₹285. A 1 kg bag costs ₹80. Which bag is cheaper per kg? (a) 1 kg bag (b) 5 kg bag
- 14.Zoya’s mother has ₹1000 in her bank account. She pays ₹300 for school books and ₹110 for vegetables by UPI. How many rupees are left in the account?
- 15.Someone online asks Meera for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) No one (c) A friend at school
- 16.Karan keeps ₹1400 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
- 17.Which is the same money as one ₹10 note? (a) three 2-rupee coins (b) two 2-rupee coins (c) five 2-rupee coins
- 18.Aditya has 4 notes of ₹20. How many rupees does Aditya have?
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19.Arjun’s shop bill:
4 pens at ₹17 each
3 pairs of socks at ₹75 each
1 school bag at ₹785
What is the total bill (in ₹)? - 20.Zoya buys a balloon for ₹7 and an eraser for ₹3, and pays ₹50. How much change does Zoya get (in ₹)?
- 21.Riya gets ₹800 from a relative by bank transfer. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 22.There are 19 children in a class. Each child needs one mango at ₹25. What is the total cost (in ₹)?
- 23.One glue stick costs ₹19. A pack of 3 glue sticks costs ₹55. How many rupees do you save by buying the pack instead of 3 single ones?
- 24.Riya is making a shopping list. Which of these is a need? (a) a fancy phone cover (b) a video game (c) sweets every day (d) bus fare to school
- 25.A stall pays ₹15 for each cup of lemonade and sells each one for ₹17. It sells 24 cups of lemonade. What is the total profit (in ₹)?
- 26.Meera has 2 coins of ₹10. How many rupees does Meera have?
- 27.A crayon box costs ₹31. Lakshmi pays ₹50. How much change does Lakshmi get (in ₹)?
- 28.What do 5 plates of idli at ₹30 each and 4 storybooks at ₹160 each cost in all (in ₹)?
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29.Priya’s passbook:
Opening balance: ₹2600
Credit (money in): ₹100
Debit (money out): ₹1700
What is the balance now (in ₹)? - 30.A 10 kg bag of dal costs ₹1130. A 5 kg bag costs ₹695. Which bag is cheaper per kg? (a) 5 kg bag (b) 10 kg bag
- 31.Saanvi’s class stall spends ₹440 to make 20 greeting cards and sells all of them at ₹20 each. What is the loss (in ₹)?
- 32.8 pairs of socks cost ₹640. What does one pair of socks cost (in ₹)?
- 33.Of a ₹17000 monthly budget, 20% goes on school fees and 40% on rent. The rest is saved. How many rupees are saved?
- 34.A day trip costs ₹1960 in all. 7 friends share the cost equally. How much does each friend pay (in ₹)?
- 35.Arjun has ₹50 in a piggy bank. Dadi gives Arjun ₹10 more. How many rupees does Arjun have now?
- 36.Nisha buys 3 plates of idli at ₹35 each and pays with a ₹200 note. How much change does Nisha get (in ₹)?
- 37.A 2 kg bag of sugar costs ₹90. A 1 kg bag costs ₹41. How many rupees per kg do you save with the cheaper bag?
- 38.Of a ₹40000 monthly budget, 20% goes on school fees and 10% on rent. The rest is saved. How many rupees are saved?
- 39.Shop A sells 3 samosas for ₹42. Shop B sells 6 samosas for ₹96. What does one samosa cost at the cheaper shop (in ₹)?
- 40.Farhan has 1 note of ₹100, 3 notes of ₹10 and 4 coins of ₹5. How many rupees does Farhan have?
Answer key
- 75
- 108
- 4
- 1980
- 10
- 18
- 3
- Yes
- No PIN to receive money
- 100
- 190
- 1200
- 5 kg bag
- 590
- No one
- 1624
- five 2-rupee coins
- 80
- 1078
- 40
- Credit
- 475
- 2
- bus fare to school
- 48
- 20
- 19
- 790
- 1000
- 10 kg bag
- 40
- 80
- 6800
- 280
- 60
- 95
- 4
- 28000
- 14
- 150
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids