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
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1.Price list: biscuit packet ₹19, glue stick ₹16, ice candy ₹9, notebook ₹35.
How much do a biscuit packet and a glue stick cost together (in ₹)? - 2.Meera has 3 notes of ₹50, 1 note of ₹10 and 3 coins of ₹5. How many rupees does Meera have?
- 3.₹5 + ₹10 + ₹? = ₹16
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4.Price list: notebook ₹25, pencil ₹3, kite ₹13, biscuit packet ₹20.
How much do a notebook and a biscuit packet cost together (in ₹)? - 5.A dozen (12) bangles cost ₹60. What does one cost (in ₹)?
- 6.Riya has ₹400. In a piggy bank it stays ₹400. In a bank at 9% simple interest per year, how many rupees more will Riya have after 2 years?
- 7.Lakshmi wants a cricket bat that costs ₹500. Lakshmi saves ₹100 every week. How many weeks will it take?
- 8.One tiny sticker costs ₹1.50. How many rupees do 5 tiny stickers cost? =
- 9.How many coins of ₹20 does Kabir need to make ₹160?
- 10.Shop A sells 2 pens for ₹26. Shop B sells 4 pens for ₹76. Which shop is cheaper for one pen? (a) Shop B (b) Shop A
- 11.Gurpreet’s mother has ₹1100 in her bank account. She pays ₹160 for school books and ₹150 for medicines by UPI. How many rupees are left in the account?
- 12.Which is the biggest amount: ₹40, ₹43 or ₹27? (a) 43 rupees (b) 27 rupees (c) 40 rupees
- 13.A bun costs ₹15.50. Arjun pays ₹20. How much change does Arjun get, in rupees? =
- 14.Shop A sells 3 plates of idli for ₹150. Shop B sells 5 plates of idli for ₹150. Which shop is cheaper for one plate of idli? (a) Shop A (b) Shop B
- 15.Shop A sells a water bottle for ₹175 with free delivery. Shop B sells it for ₹150 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 16.Riya has ₹9. A pencil costs ₹5. Does Riya have enough money to buy it? (a) Yes (b) No
- 17.Tara has ₹2000. In a piggy bank it stays ₹2000. In a bank at 2% simple interest per year, how many rupees more will Tara have after 1 year?
- 18.Riya sells 12 paper bookmarks at ₹15 each. How many rupees does Riya get?
- 19.Kavya has a budget of ₹500 for a birthday party. The cake cost ₹110, the balloons cost ₹50 and the decorations cost ₹60. How many rupees are left?
- 20.Which is the biggest amount: ₹69, ₹88 or ₹36? (a) 69 rupees (b) 88 rupees (c) 36 rupees
- 21.Which is worth more: a ₹10 note or a ₹100 note? (a) 10-rupee note (b) 100-rupee note
- 22.Priya’s piggy bank has 4 coins of ₹20, 5 coins of ₹10 and 1 coin of ₹1. How many rupees are in it?
- 23.Meera buys a cricket ball for ₹115 and a pair of socks for ₹80, and pays with a ₹500 note. How much change does Meera get (in ₹)?
- 24.Kavya keeps ₹1600 in a bank. After 4 years the simple interest is ₹512. What is the rate of interest per year (in %)?
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25.Lakshmi’s passbook:
Opening balance: ₹4200
Credit (money in): ₹300
Debit (money out): ₹4250
What is the balance now (in ₹)? - 26.Tara buys a geometry box for ₹125 and a mango for ₹20, and pays with a ₹500 note. How much change does Tara get (in ₹)?
- 27.A glue stick costs ₹18. Riya pays ₹20. How much change does Riya get (in ₹)?
- 28.Arjun buys 3 colour pencil sets at ₹60 each and pays with a ₹500 note. How much change does Arjun get (in ₹)?
- 29.Shop A sells a lunch box for ₹275 with free delivery. Shop B sells it for ₹255 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 30.Gurpreet has 2 notes of ₹20. How many rupees does Gurpreet have?
- 31.Meera spends ₹130 on things to make 16 paper bookmarks and sells them all at ₹15 each. How many rupees does Meera earn after paying the costs?
- 32.Diya gets ₹80 pocket money every week. How many rupees is that in 5 weeks?
- 33.A banana costs ₹6 and a sharpener costs ₹4. How many rupees more does the banana cost?
- 34.A ruler costs ₹11. Rahul pays ₹20. How much change does Rahul get (in ₹)?
- 35.Nisha buys 3 water bottles at ₹125 each and pays with a ₹500 note. How much change does Nisha get (in ₹)?
- 36.Aditya is making a shopping list. Which of these is a want? (a) sweets every day (b) medicine when ill (c) rice and dal (d) a warm blanket
- 37.Count up to find the change from ₹10: ₹6 + ₹? = ₹10
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38.Price list: kite ₹17, crayon box ₹35, sharpener ₹5, banana ₹6.
Diya has ₹100 and buys a kite. How many rupees are left? - 39.Of a ₹41000 monthly budget, 20% goes on travel and 40% on food. The rest is saved. What percent is saved?
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40.Price list: toffee ₹2, crayon box ₹30, ruler ₹10, samosa ₹15.
Which item costs the least? (a) ruler (b) crayon box (c) samosa (d) toffee
Answer key
- 35
- 175
- 1
- 45
- 5
- 72
- 5
- 7.5
- 8
- Shop A
- 790
- 43 rupees
- 4.5
- Shop B
- Shop B
- Yes
- 40
- 180
- 280
- 88 rupees
- 100-rupee note
- 131
- 305
- 8
- 250
- 355
- 2
- 320
- Shop A
- 40
- 110
- 400
- 2
- 9
- 125
- sweets every day
- 4
- 83
- 40
- toffee
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids