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 wants a bicycle that costs ₹3330, has ₹500 already and saves ₹150 every week. In how many weeks will Meera have enough?
- 2.₹17.50 − ₹15.50 =
- 3.One balloon costs ₹9. A pack of 3 balloons costs ₹25. How many rupees do you save by buying the pack instead of 3 single ones?
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4.Nisha’s passbook:
Opening balance: ₹2500
Credit: ₹500
Credit: ₹500
Debit: ₹200
Credit: ₹250
What is the closing balance (in ₹)? - 5.A toy car costs ₹35. Dev has ₹10 and ₹2. How many more rupees does Dev need?
- 6.₹2000 earns 7% simple interest per year. In how many years will the interest be ₹280?
- 7.Rohan wants to save ₹490 for a gift for Mum in 7 weeks, the same amount each week. How many rupees must Rohan save each week?
- 8.Ishaan wants to save ₹450 for a board game in 15 weeks, the same amount each week. How many rupees must Ishaan save each week?
- 9.Sneha buys a samosa (₹13), a geometry box (₹140), a storybook (₹190) and a cricket ball (₹110). What is the total (in ₹)?
- 10.Farhan buys a glue stick for ₹19 and a biscuit packet for ₹14, and pays ₹50. How much change does Farhan get (in ₹)?
- 11.Gurpreet has one ₹5 piece of money. Is it a coin or a note? (a) Note (b) Coin
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12.Rohan’s passbook:
Opening balance: ₹4300
Credit (money in): ₹900
Debit (money out): ₹4450
What is the balance now (in ₹)? - 13.Priya wants a gift for Mum that costs ₹370, has ₹100 already and saves ₹20 every week. In how many weeks will Priya have enough?
- 14.Saanvi has 8 notes of ₹50. How many rupees does Saanvi have?
- 15.Shop A sells a T-shirt for ₹200 with free delivery. Shop B sells it for ₹290 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 16.A day trip costs ₹1720 in all. 4 friends share the cost equally. How much does each friend pay (in ₹)?
- 17.Gurpreet’s piggy bank has 1 coin of ₹20, 3 coins of ₹10 and 2 coins of ₹5. How many rupees are in it?
- 18.₹220 + ₹320 =
- 19.Meera’s class stall spends ₹400 to make 12 friendship bands and sells all of them at ₹30 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
- 20.Of a ₹48000 monthly budget, 40% goes on school fees and 5% on rent. The rest is saved. How many rupees are saved?
- 21.8 badminton rackets cost ₹2440. How much do 6 badminton rackets cost (in ₹)?
- 22.Shop A sells 5 pens for ₹90. Shop B sells 2 pens for ₹24. What does one pen cost at the cheaper shop (in ₹)?
- 23.₹43 + ₹52 =
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24.Priya’s shop bill:
1 cricket ball at ₹135
3 storybooks at ₹180 each
1 T-shirt at ₹220
What is the total bill (in ₹)? - 25.Shop A sells 5 cricket balls for ₹675. Shop B sells 2 cricket balls for ₹200. What does one cricket ball cost at the cheaper shop (in ₹)?
- 26.Kavya’s class stall spends ₹470 to make 24 clay diyas and sells all of them at ₹20 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 27.Count up to find the change from ₹100: ₹35 + ₹? = ₹100
- 28.How many notes of ₹50 make ₹100?
- 29.A 1 kg bag of rice costs ₹63. A 10 kg bag costs ₹720. Which bag is cheaper per kg? (a) 10 kg bag (b) 1 kg bag
- 30.A stall pays ₹8 for each friendship band and sells each one for ₹15. It sells 29 friendship bands. What is the total profit (in ₹)?
- 31.How many geometry boxes can you buy with ₹240 if one costs ₹80?
- 32.Farhan saves ₹30 every week for 6 weeks, then buys a wristwatch for ₹50. How many rupees are left?
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33.Rahul’s shop bill:
1 football at ₹320
1 pen at ₹16
1 badminton racket at ₹470
What is the total bill (in ₹)? - 34.Shop A sells 2 geometry boxes for ₹160. Shop B sells 6 geometry boxes for ₹720. What does one geometry box cost at the cheaper shop (in ₹)?
- 35.Sneha’s mother scans a shop’s QR code to pay ₹2000. What should she check before she pays? (a) The colour of the code (b) The name of the shop (c) Nothing, just pay
- 36.Zoya has ₹1000. In a piggy bank it stays ₹1000. In a bank at 4% simple interest per year, how many rupees more will Zoya have after 4 years?
- 37.Shop A sells a cricket ball for ₹145 with free delivery. Shop B sells it for ₹145 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
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38.Meera’s passbook:
Opening balance: ₹2400
Credit: ₹400
Debit: ₹50
Credit: ₹300
Debit: ₹350
What is the closing balance (in ₹)? - 39.Which is the biggest amount: ₹25, ₹97 or ₹79? (a) 79 rupees (b) 25 rupees (c) 97 rupees
- 40.Vivaan sells 18 greeting cards at ₹5 each. How many rupees does Vivaan get?
Answer key
- 19
- 2
- 2
- 3550
- 23
- 2
- 70
- 30
- 453
- 17
- Coin
- 750
- 14
- 400
- Shop A
- 430
- 60
- 540
- Loss
- 26400
- 1830
- 12
- 95
- 895
- 100
- Profit
- 65
- 2
- 1 kg bag
- 203
- 3
- 130
- 806
- 80
- The name of the shop
- 160
- Shop A
- 2700
- 97 rupees
- 90
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids