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.Ananya is making a shopping list. Which of these is a need? (a) designer sunglasses (b) extra comic books (c) milk (d) a glitter pen set
- 2.A lunch box costs ₹220 online. Delivery is ₹80 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 3.Priya has 7 notes of ₹20. How many rupees does Priya have?
- 4.How many notes of ₹20 make ₹160?
- 5.Which is worth the least: a ₹500 note, a ₹2 coin or a ₹20 note? (a) 20-rupee note (b) 500-rupee note (c) 2-rupee coin
- 6.A samosa costs ₹17. Rahul pays ₹50. How much change does Rahul get (in ₹)?
- 7.Diya spends ₹40 of ₹800 pocket money on books. What percent is that?
- 8.Aarav buys 5 pairs of socks at ₹55 each and pays with a ₹500 note. How much change does Aarav get (in ₹)?
- 9.Count up to find the change from ₹20: ₹13 + ₹? = ₹20
- 10.₹57 − ₹45 =
- 11.₹46 + ₹7 =
- 12.Ananya is making a shopping list. Which of these is a want? (a) a raincoat (b) a warm blanket (c) rice and dal (d) designer sunglasses
- 13.Which is the same money as one ₹20 note? (a) three 5-rupee coins (b) four 5-rupee coins (c) five 5-rupee coins
- 14.What do 4 samosas at ₹14 each and 5 geometry boxes at ₹85 each cost in all (in ₹)?
- 15.How many notes of ₹200 make ₹400?
- 16.Shop A sells 4 colour pencil sets for ₹420. Shop B sells 5 colour pencil sets for ₹475. Which shop is cheaper for one colour pencil set? (a) Shop A (b) Shop B
- 17.How many notes of ₹200 make ₹800?
- 18.Which is the same money as one ₹200 note? (a) two 50-rupee notes (b) four 50-rupee notes (c) five 50-rupee notes
- 19.The bill for a school bag and a geometry box is ₹630. A school bag costs ₹495. What does the geometry box cost (in ₹)?
- 20.Arjun keeps ₹800 in a bank. After 3 years the simple interest is ₹72. What is the rate of interest per year (in %)?
- 21.Meera has 1 note of ₹50 and 2 notes of ₹20. How many rupees does Meera have?
- 22.How many notebooks can you buy with ₹300 if one costs ₹50?
- 23.Zoya is making a shopping list. Which of these is a need? (a) a toy robot (b) a new party dress (c) school shoes (d) a sticker album
- 24.Sneha is making a shopping list. Which of these is a need? (a) a bigger TV (b) a glitter pen set (c) designer sunglasses (d) vegetables
- 25.Rahul makes 2 paper bookmarks an hour and sells each one for ₹20. How many rupees can Rahul earn from 4 hours of work?
- 26.Of a ₹41000 monthly budget, 5% goes on food and 40% on school fees. The rest is saved. How many rupees are saved?
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27.Meera’s shop bill:
2 pairs of socks at ₹90 each
3 pens at ₹21 each
2 cricket balls at ₹110 each
What is the total bill (in ₹)? - 28.₹260 − ₹100 =
- 29.Diya got ₹440 in 8 weeks, the same amount every week. How many rupees is that each week?
- 30.Shop A sells a cricket ball for ₹150 with free delivery. Shop B sells it for ₹105 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 31.A cricket ball costs ₹135 online. Delivery is ₹30 and a coupon takes ₹30 off. What is the final price (in ₹)?
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32.Sneha’s passbook:
Opening balance: ₹1800
Credit (money in): ₹300
Debit (money out): ₹?
Closing balance: ₹1600
How many rupees was the debit? - 33.Arjun sells 23 paper bookmarks at ₹10 each. How many rupees does Arjun get?
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34.Nisha’s passbook:
Opening balance: ₹5000
Debit: ₹100
Debit: ₹350
Debit: ₹400
Credit: ₹300
What is the total of all the debits (in ₹)? - 35.The bill for 3 water bottles and a pair of socks is ₹565. A water bottle costs ₹160. What does the pair of socks cost (in ₹)?
- 36.Kavya buys 5 pencils at ₹3 each and pays ₹50. How much change does Kavya get (in ₹)?
- 37.₹1100 earns 10% simple interest per year. In how many years will the interest be ₹220?
- 38.10 cricket balls cost ₹1050. How much do 4 cricket balls cost (in ₹)?
- 39.A day trip costs ₹150 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
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40.Isha’s shop bill:
1 geometry box at ₹85
1 badminton racket at ₹420
2 colour pencil sets at ₹110 each
What is the total bill (in ₹)?
Answer key
- milk
- 280
- 140
- 8
- 2-rupee coin
- 33
- 5
- 225
- 7
- 12
- 53
- designer sunglasses
- four 5-rupee coins
- 481
- 2
- Shop B
- 4
- four 50-rupee notes
- 135
- 3
- 90
- 6
- school shoes
- vegetables
- 160
- 22550
- 463
- 160
- 55
- 25
- 135
- 500
- 230
- 850
- 85
- 35
- 2
- 420
- 50
- 725
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids