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 4 colour pencil sets for ₹480. Shop B sells 2 colour pencil sets for ₹210. Which shop is cheaper for one colour pencil set? (a) Shop A (b) Shop B
- 2.How many paise are there in ₹12.50?
- 3.A paint box costs ₹40. Lakshmi has ₹5 and ₹10. How many more rupees does Lakshmi need?
- 4.Zoya has ₹900. First Zoya pays for needs: school shoes (₹60) and notebooks (₹220). How many rupees are left for wants?
- 5.A water bottle costs ₹820. The shop gives 20% off. How many rupees is the discount?
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6.Price list: biscuit packet ₹11, ruler ₹8, sharpener ₹5, glue stick ₹15.
How many rupees more does a biscuit packet cost than a sharpener? - 7.Count up to find the change from ₹100: ₹48 + ₹? = ₹100
- 8.₹210 − ₹110 =
- 9.A message says Kabir has won ₹500. It asks for the UPI PIN to send the prize. What is true? (a) No PIN to receive money (b) Enter the PIN quickly (c) Prizes need your PIN
- 10.Meera has one ₹200 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 11.₹2.50 + ₹18 =
- 12.Gurpreet has 4 coins of ₹2. Saanvi has 7 notes of ₹20. How many more rupees does Saanvi have?
- 13.Kabir keeps ₹100 in a bank. After 4 years the simple interest is ₹36. What is the rate of interest per year (in %)?
- 14.Priya buys a mango (₹30), a T-shirt (₹400), a pen (₹16) and a pair of socks (₹80). What is the total (in ₹)?
- 15.The bill for a football and a geometry box is ₹380. A football costs ₹290. What does the geometry box cost (in ₹)?
- 16.One crayon box costs ₹30. A pack of 3 crayon boxes costs ₹88. How many rupees do you save by buying the pack instead of 3 single ones?
- 17.Gurpreet buys a ruler for ₹8 and a pencil for ₹6, and pays ₹50. How much change does Gurpreet get (in ₹)?
- 18.A day trip costs ₹760 in all. 4 friends share the cost equally. How much does each friend pay (in ₹)?
- 19.Karan has 8 notes of ₹10. Tara has 8 coins of ₹1. Who has more money? (a) Tara (b) Karan
- 20.A study lamp costs ₹240. The shop gives 10% off. How many rupees is the discount?
- 21.Tara’s class stall spends ₹190 to make 10 clay diyas and sells all of them at ₹15 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 22.Rohan has 8 coins of ₹1. How many rupees does Rohan have?
- 23.Count up to find the change from ₹10: ₹9 + ₹? = ₹10
- 24.Isha gets ₹30 a week, spends ₹15 each week and saves the rest. How many rupees has Isha saved after 5 weeks?
- 25.How many coins of ₹5 does Isha need to make ₹30?
- 26.Rohan has 9 coins of ₹5. How many rupees does Rohan have?
- 27.The bill for a badminton racket and a samosa is ₹447. A badminton racket costs ₹430. What does the samosa cost (in ₹)?
- 28.Lakshmi has 9 coins of ₹1. How many rupees does Lakshmi have?
- 29.₹60 − ₹5 =
- 30.Which is worth more: a ₹2 coin or a ₹20 coin? (a) 2-rupee coin (b) 20-rupee coin
- 31.For Sneha, is “vegetables” a need or a want? (a) Want (b) Need
- 32.Which is worth the most: a ₹200 note, a ₹5 coin or a ₹10 note? (a) 200-rupee note (b) 5-rupee coin (c) 10-rupee note
- 33.Rahul has ₹1100. In a piggy bank it stays ₹1100. In a bank at 3% simple interest per year, how many rupees more will Rahul have after 3 years?
- 34.Meera has 3 notes of ₹50 and 1 note of ₹20. How many rupees does Meera have?
- 35.Kavya is making a shopping list. Which of these is a want? (a) rice and dal (b) a new party dress (c) a school uniform (d) drinking water
- 36.A cricket bat costs ₹100. Offer 1: 20% off. Offer 2: ₹10 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 37.Rohan spends ₹30 of ₹300 pocket money on books. What percent is that?
- 38.Vivaan buys a samosa for ₹16 and a sharpener for ₹9, and pays ₹50. How much change does Vivaan get (in ₹)?
- 39.Rahul wants a wristwatch that costs ₹630. Rahul saves ₹70 every week. How many weeks will it take?
- 40.Dev’s class stall spends ₹820 to make 38 greeting cards and sells all of them at ₹20 each. What is the loss (in ₹)?
Answer key
- Shop B
- 1250
- 25
- 620
- 164
- 6
- 52
- 100
- No PIN to receive money
- Note
- 20.5
- 132
- 9
- 526
- 90
- 2
- 36
- 190
- Karan
- 24
- Loss
- 8
- 1
- 75
- 6
- 45
- 17
- 9
- 55
- 20-rupee coin
- Need
- 200-rupee note
- 99
- 170
- a new party dress
- Offer 1
- 10
- 25
- 9
- 60
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids