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.A 5 kg bag of wheat flour costs ₹225. A 10 kg bag costs ₹460. How many rupees per kg do you save with the cheaper bag?
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2.Saanvi’s passbook:
Opening balance: ₹4800
Credit (money in): ₹900
Debit (money out): ₹1800
What is the balance now (in ₹)? - 3.Kabir buys a notebook (₹35), a football (₹270), a badminton racket (₹460) and a cricket ball (₹105). What is the total (in ₹)?
- 4.Manav buys 3 ice candies at ₹9 each and pays ₹50. How much change does Manav get (in ₹)?
- 5.A family plans ₹14000 for the month. 25% of it is for clothes. How many rupees is that?
- 6.Meera’s class stall spends ₹200 to make 15 clay diyas and sells all of them at ₹20 each. What is the profit (in ₹)?
- 7.Vivaan has 3 notes of ₹100. How many rupees does Vivaan have?
- 8.Ishaan has ₹300. First Ishaan pays for needs: a school uniform (₹70) and a lunch box (₹60). How many rupees are left for wants?
- 9.Tara has 7 notes of ₹50. How many rupees does Tara have?
- 10.Zoya has 3 notes of ₹20 and 2 notes of ₹10. How many rupees does Zoya have?
- 11.Tara is making a shopping list. Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) a bigger TV (d) rice and dal
- 12.How many ₹2 coins make a ₹20 note?
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13.Arjun’s passbook:
Opening balance: ₹2600
Debit: ₹450
Debit: ₹300
Credit: ₹450
Debit: ₹450
What is the closing balance (in ₹)? - 14.Sneha buys 2 ice candies at ₹9 each and pays ₹50. How much change does Sneha get (in ₹)?
- 15.₹? + ₹20 + ₹1 = ₹23
- 16.Saanvi wants a wristwatch that costs ₹600, has ₹30 already and saves ₹30 every week. In how many weeks will Saanvi have enough?
- 17.A sharpener costs ₹5. Farhan pays ₹20. How much change does Farhan get (in ₹)?
- 18.Vivaan gets ₹90 a week, spends ₹80 each week and saves the rest. How many rupees has Vivaan saved after 5 weeks?
- 19.The bill for 4 water bottles and a samosa is ₹736. A water bottle costs ₹180. What does the samosa cost (in ₹)?
- 20.Rahul’s piggy bank has 3 coins of ₹10, 1 coin of ₹5 and 5 coins of ₹1. How many rupees are in it?
- 21.Kabir sells 18 friendship bands at ₹10 each. How many rupees does Kabir get?
- 22.A dozen (12) oranges cost ₹84. What does one cost (in ₹)?
- 23.Shop A sells a badminton racket for ₹575 with free delivery. Shop B sells it for ₹490 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
- 24.Ishaan saves ₹50 every week for 10 weeks, then buys a football for ₹170. How many rupees are left?
- 25.Nisha has 4 coins of ₹5 and 4 coins of ₹1. How many rupees does Nisha have?
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26.Manav’s passbook:
Opening balance: ₹2300
Credit: ₹500
Credit: ₹500
Debit: ₹500
Credit: ₹300
What is the total of all the credits (in ₹)? - 27.Shop A sells a lunch box for ₹200 with free delivery. Shop B sells it for ₹200 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 28.Isha buys 2 storybooks at ₹145 each and pays with a ₹500 note. How much change does Isha get (in ₹)?
- 29.One pair of socks costs ₹75. How much do 4 pairs of socks cost (in ₹)?
- 30.Which is the biggest amount: ₹20, ₹81 or ₹24? (a) 81 rupees (b) 20 rupees (c) 24 rupees
- 31.A family plans ₹32000 for the month. 25% of it is for rent. How many rupees is that?
- 32.After 10% off, a school bag costs ₹180. What was the price before the sale (in ₹)?
- 33.Manav spends ₹260 on things to make 24 cupcakes and sells them all at ₹15 each. How many rupees does Manav earn after paying the costs?
- 34.Vivaan has one ₹100 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 35.A juice box costs ₹18.50. Rahul pays ₹20. How much change does Rahul get, in rupees? =
- 36.Dev has 5 coins of ₹10. How many rupees does Dev have?
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37.Price list: ice candy ₹9, balloon ₹10, kite ₹15, ruler ₹14.
How much do a kite and an ice candy cost together (in ₹)? - 38.After 10% off, a water bottle costs ₹90. What was the price before the sale (in ₹)?
- 39.Which is worth the least: a ₹20 coin, a ₹500 note or a ₹200 note? (a) 500-rupee note (b) 200-rupee note (c) 20-rupee coin
- 40.Shop A sells 4 pairs of socks for ₹220. Shop B sells 2 pairs of socks for ₹140. Which shop is cheaper for one pair of socks? (a) Shop A (b) Shop B
Answer key
- 1
- 3900
- 870
- 23
- 3500
- 100
- 300
- 170
- 350
- 80
- rice and dal
- 10
- 1850
- 32
- 2
- 19
- 15
- 50
- 16
- 40
- 180
- 7
- 15
- 330
- 24
- 1300
- 20
- 210
- 300
- 81 rupees
- 8000
- 200
- 100
- Note
- 1.5
- 50
- 24
- 100
- 20-rupee coin
- Shop A
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids