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.What is the smallest number of coins and notes that make ₹91?
- 2.₹? + ₹5 + ₹10 = ₹35
- 3.Rohan makes 3 greeting cards an hour and sells each one for ₹20. How many rupees can Rohan earn from 2 hours of work?
- 4.₹32 + ₹14 + ₹11 =
- 5.Ishaan gets ₹200 interest from the bank. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 6.A dozen (12) bangles cost ₹168. What does one cost (in ₹)?
- 7.9 notebooks cost ₹360. How much do 6 notebooks cost (in ₹)?
- 8.Priya has one ₹2 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 9.Rohan is making a shopping list. Which of these is a want? (a) bus fare to school (b) sweets every day (c) drinking water (d) vegetables
- 10.Aarav buys 4 toffees at ₹1 each and pays ₹50. How much change does Aarav get (in ₹)?
- 11.A family plans ₹9000 for the month. 10% of it is for travel. How many rupees is that?
- 12.A board game costs ₹360. The shop gives 20% off. How many rupees is the discount?
- 13.How many notes of ₹100 make ₹400?
- 14.Shop A sells a lunch box for ₹265 with free delivery. Shop B sells it for ₹270 plus ₹70 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 15.For Rohan, is “medicine when ill” a need or a want? (a) Want (b) Need
- 16.Aarav has 4 coins of ₹1 and 4 coins of ₹5. How many rupees does Aarav have?
- 17.Gurpreet is making a shopping list. Which of these is a need? (a) a third cricket bat (b) extra comic books (c) a remote-control car (d) soap
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18.Price list: eraser ₹2, sharpener ₹7, pencil ₹8, balloon ₹5.
Which item costs the least? (a) balloon (b) sharpener (c) pencil (d) eraser - 19.A samosa costs ₹20. Ishaan pays ₹50. How much change does Ishaan get (in ₹)?
- 20.Sneha has 8 notes of ₹10. Saanvi has 4 coins of ₹1. How many more rupees does Sneha have?
- 21.Lakshmi’s mother scans a shop’s QR code to pay ₹25000. What should she check before she pays? (a) The colour of the code (b) Nothing, just pay (c) The name of the shop
- 22.Isha got ₹225 in 5 weeks, the same amount every week. How many rupees is that each week?
- 23.A banana costs ₹8. Diya pays ₹10. How much change does Diya get (in ₹)?
- 24.Aarav keeps ₹600 in a bank at 4% simple interest per year. How much money will there be after 3 years (in ₹)?
- 25.The bill for a school bag and a lunch box is ₹715. A school bag costs ₹480. What does the lunch box cost (in ₹)?
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26.Karan’s shop bill:
1 mango at ₹20
2 plates of idli at ₹55 each
1 badminton racket at ₹430
What is the total bill (in ₹)? - 27.A 5 kg bag of potatoes costs ₹110. A 1 kg bag costs ₹23. Which bag is cheaper per kg? (a) 5 kg bag (b) 1 kg bag
- 28.Saanvi buys 3 toffees at ₹1 each and pays ₹50. How much change does Saanvi get (in ₹)?
- 29.Lakshmi buys a mango for ₹20 and pays with a ₹100 note. How much change does Lakshmi get (in ₹)?
- 30.Rahul gets ₹20 every day. How many rupees is that in one week (7 days)?
- 31.Which is the biggest amount: ₹47, ₹11 or ₹21? (a) 11 rupees (b) 21 rupees (c) 47 rupees
- 32.A toy train costs ₹200. The shop gives 50% off. How many rupees is the discount?
- 33.Of a ₹46000 monthly budget, 40% goes on school fees and 25% on travel. The rest is saved. How many rupees are saved?
- 34.Manav has ₹750. First Manav pays for needs: socks (₹180) and a water bottle (₹140). How many rupees are left for wants?
- 35.Joseph has 5 coins of ₹1 and 3 coins of ₹20. How many rupees does Joseph have?
- 36.Lakshmi has 3 coins of ₹1. Vivaan has 7 coins of ₹2. Who has less money? (a) Vivaan (b) Lakshmi
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37.Price list: balloon ₹8, ruler ₹11, pencil ₹7, crayon box ₹30.
Which item costs the most? (a) crayon box (b) ruler (c) balloon (d) pencil - 38.Nisha got ₹180 in 3 weeks, the same amount every week. How many rupees is that each week?
- 39.Dev has ₹600. In a piggy bank it stays ₹600. In a bank at 6% simple interest per year, how many rupees more will Dev have after 2 years?
- 40.A raincoat costs ₹500. The shop gives 25% off. What is the sale price (in ₹)?
Answer key
- 4
- 20
- 120
- 57
- Credit
- 14
- 240
- Coin
- sweets every day
- 46
- 900
- 72
- 4
- Shop A
- Need
- 24
- soap
- eraser
- 30
- 76
- The name of the shop
- 45
- 2
- 672
- 235
- 560
- 5 kg bag
- 47
- 80
- 140
- 47 rupees
- 100
- 16100
- 430
- 65
- Lakshmi
- crayon box
- 60
- 72
- 375
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids