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.Meera has ₹520 for return gifts. Each gift costs ₹40. What is the greatest number of gifts Meera can buy?
- 2.For Ananya, is “a fancy phone cover” a need or a want? (a) Need (b) Want
- 3.Diya buys 2 ice candies at ₹13 each and pays ₹50. How much change does Diya get (in ₹)?
- 4.5 colour pencil sets cost ₹325. How much do 2 colour pencil sets cost (in ₹)?
- 5.Ananya is making a shopping list. Which of these is a want? (a) bus fare to school (b) a schoolbag (c) school shoes (d) a video game
-
6.Price list: sticker sheet ₹12, glue stick ₹16, banana ₹5, pencil ₹4.
Aarav has ₹100 and buys a sticker sheet. How many rupees are left? - 7.Lakshmi’s class stall spends ₹90 to make 34 paper bookmarks and sells all of them at ₹5 each. What is the profit (in ₹)?
- 8.A football costs ₹425 online. Delivery is ₹40 and a coupon takes ₹50 off. What is the final price (in ₹)?
- 9.Dev has 2 coins of ₹2. Aarav has 7 notes of ₹20. Who has more money? (a) Dev (b) Aarav
- 10.Count up to find the change from ₹200: ₹97 + ₹? = ₹200
-
11.Joseph’s shop bill:
1 water bottle at ₹145
2 pens at ₹23 each
4 T-shirts at ₹210 each
What is the total bill (in ₹)? - 12.A stall pays ₹7 for each greeting card and sells each one for ₹15. It sells 28 greeting cards. What is the total profit (in ₹)?
- 13.Count up to find the change from ₹200: ₹169 + ₹? = ₹200
- 14.Which coins and notes make exactly ₹170? (a) 100 + 50 + 20 (b) 100 + 50 + 5 (c) 100 + 20 + 1
- 15.Tara’s piggy bank has 1 coin of ₹5, 4 coins of ₹2 and 2 coins of ₹1. How many rupees are in it?
- 16.A 1 kg bag of wheat flour costs ₹33. A 5 kg bag costs ₹250. Which bag is cheaper per kg? (a) 5 kg bag (b) 1 kg bag
- 17.How many notes of ₹100 make ₹500?
- 18.Lakshmi has ₹1100. In a piggy bank it stays ₹1100. In a bank at 8% simple interest per year, how many rupees more will Lakshmi have after 4 years?
- 19.Shop A sells 6 colour pencil sets for ₹690. Shop B sells 5 colour pencil sets for ₹525. What does one colour pencil set cost at the cheaper shop (in ₹)?
- 20.Isha keeps ₹200 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
- 21.How many paise are there in ₹17?
- 22.Zoya buys a juice box for ₹25 and a samosa for ₹16, and pays ₹50. How much change does Zoya get (in ₹)?
- 23.Kavya buys 2 bananas at ₹7 each and pays ₹20. How much change does Kavya get (in ₹)?
- 24.₹650 − ₹530 =
- 25.₹56 + ₹32 =
- 26.Manav saves ₹20 every week for 8 weeks, then buys a football for ₹130. How many rupees are left?
- 27.A 10 kg bag of potatoes costs ₹210. A 5 kg bag costs ₹150. How many rupees per kg do you save with the cheaper bag?
- 28.₹3.50 + ₹3.50 =
- 29.4 colour pencil sets cost ₹300. How much do 9 colour pencil sets cost (in ₹)?
- 30.A dozen (12) eggs cost ₹72. What does one cost (in ₹)?
- 31.Kabir buys a balloon for ₹5 and a biscuit packet for ₹14. How many rupees does Kabir spend in all?
- 32.₹310 + ₹190 =
- 33.Gurpreet has 2 notes of ₹10. How many rupees does Gurpreet have?
- 34.Vivaan gets ₹5 every day. How many rupees is that in one week (7 days)?
- 35.Shop A sells a T-shirt for ₹235 with free delivery. Shop B sells it for ₹230 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 36.Joseph wants a cricket bat that costs ₹800. Joseph saves ₹20 every week. How many weeks will it take?
- 37.For Vivaan, is “a video game” a need or a want? (a) Want (b) Need
- 38.5 children go on a school trip to the museum. The bus costs ₹50 for each child and the ticket costs ₹10 for each child. What is the total cost (in ₹)?
- 39.Rahul buys 3 sticker sheets at ₹5 each and pays ₹50. How much change does Rahul get (in ₹)?
- 40.Farhan gets a link: “Click now to win a phone worth ₹2000!” What should Farhan do? (a) Ignore it, tell a parent (b) Send it to friends (c) Click it to win
Answer key
- 13
- Want
- 24
- 130
- a video game
- 88
- 80
- 415
- Aarav
- 103
- 1031
- 224
- 31
- 100 + 50 + 20
- 15
- 1 kg bag
- 5
- 352
- 105
- 224
- 1700
- 9
- 6
- 120
- 88
- 30
- 9
- 7
- 675
- 6
- 19
- 500
- 20
- 35
- Shop A
- 40
- Want
- 300
- 35
- Ignore it, tell a parent
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids