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
- 1.3 notebooks cost ₹150. How much do 5 notebooks cost (in ₹)?
- 2.A 10 kg bag of dal costs ₹1410. A 2 kg bag costs ₹298. How many rupees per kg do you save with the cheaper bag?
- 3.Gurpreet has ₹7. An eraser costs ₹3. Does Gurpreet have enough money to buy it? (a) No (b) Yes
- 4.₹70 + ₹11 =
- 5.Aarav’s class stall spends ₹290 to make 24 plates of bhel and sells all of them at ₹15 each. What is the profit (in ₹)?
- 6.The bill for a school bag and a water bottle is ₹655. A school bag costs ₹500. What does the water bottle cost (in ₹)?
- 7.How many notes of ₹10 make ₹50?
- 8.Ananya has ₹800 for a picnic. Food costs ₹310 and tickets cost ₹470. Is ₹800 enough? (a) Yes (b) No
- 9.Rahul has 4 notes of ₹50 and 4 notes of ₹20. How many rupees does Rahul have?
- 10.₹200 earns 7% simple interest per year. In how many years will the interest be ₹14?
- 11.Of a ₹7000 monthly budget, 5% goes on school fees and 50% on travel. The rest is saved. How many rupees are saved?
- 12.Which is worth more: a ₹50 note or a ₹5 coin? (a) 50-rupee note (b) 5-rupee coin
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13.Zoya’s shop bill:
4 samosas at ₹20 each
1 football at ₹380
1 T-shirt at ₹355
What is the total bill (in ₹)? - 14.₹22 − ₹15 =
- 15.Lakshmi buys a glue stick for ₹17 and a juice box for ₹30. How many rupees does Lakshmi spend in all?
- 16.Saanvi has ₹39 in a piggy bank. Dadi gives Saanvi ₹17 more. How many rupees does Saanvi have now?
- 17.How many ₹50 notes make a ₹500 note?
- 18.Priya buys a school bag (₹635), a T-shirt (₹390), a notebook (₹30) and a samosa (₹17). What is the total (in ₹)?
- 19.Riya buys a balloon for ₹5 and a toffee for ₹1. How many rupees does Riya spend in all?
- 20.Arjun buys an ice candy for ₹11 and a ruler for ₹11, and pays ₹50. How much change does Arjun get (in ₹)?
- 21.Shop A sells a lunch box for ₹180 with free delivery. Shop B sells it for ₹205 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
- 22.Meera has ₹600. In a piggy bank it stays ₹600. In a bank at 7% simple interest per year, how many rupees more will Meera have after 1 year?
- 23.Gurpreet has 3 notes of ₹50 and 3 notes of ₹10. How many rupees does Gurpreet have?
- 24.Priya keeps ₹800 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
- 25.One glue stick costs ₹18. A pack of 3 glue sticks costs ₹52. How many rupees do you save by buying the pack instead of 3 single ones?
- 26.There are 38 children in a class. Each child needs one samosa at ₹19. What is the total cost (in ₹)?
- 27.Gurpreet makes 6 greeting cards an hour and sells each one for ₹20. How many rupees can Gurpreet earn from 1 hour of work?
- 28.Joseph buys a toffee for ₹3 and an eraser for ₹5. How many rupees does Joseph spend in all?
- 29.Isha has ₹740 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Isha can buy?
- 30.Priya buys 2 sharpeners at ₹5 each and pays ₹20. How much change does Priya get (in ₹)?
- 31.Ishaan has 3 notes of ₹100. Meera has 2 coins of ₹1. How many more rupees does Ishaan have?
- 32.Sneha’s piggy bank has 1 coin of ₹20, 3 coins of ₹10 and 2 coins of ₹5. How many rupees are in it?
- 33.One colour pencil set costs ₹105. How much do 4 colour pencil sets cost (in ₹)?
- 34.How many coins of ₹20 does Arjun need to make ₹160?
- 35.How many ₹1 coins make a ₹5 coin?
- 36.Isha has ₹20. A samosa costs ₹19. Does Isha have enough money to buy it? (a) No (b) Yes
- 37.A toy car costs ₹69. Nisha has ₹20 and ₹2. How many more rupees does Nisha need?
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38.Price list: sticker sheet ₹9, pencil ₹8, biscuit packet ₹12, samosa ₹11.
How much do 4 biscuit packets cost (in ₹)? -
39.Price list: toffee ₹1, notebook ₹45, balloon ₹8, biscuit packet ₹13.
How much do a notebook and a balloon cost together (in ₹)? - 40.₹38 − ₹11 =
Answer key
- 250
- 8
- Yes
- 81
- 70
- 155
- 5
- Yes
- 280
- 1
- 3150
- 50-rupee note
- 815
- 7
- 47
- 56
- 10
- 1072
- 6
- 28
- 65
- 42
- 180
- 848
- 2
- 722
- 120
- 8
- 14
- 10
- 298
- 60
- 420
- 8
- 5
- Yes
- 47
- 48
- 53
- 27
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids