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.Zoya has a budget of ₹1000 for a birthday party. The balloons cost ₹110, the cake cost ₹80 and the decorations cost ₹80. How many rupees are left?
- 2.One sharpener costs ₹7. A pack of 3 sharpeners costs ₹20. How many rupees do you save by buying the pack instead of 3 single ones?
- 3.3 friends run a stall selling plates of bhel and make a profit of ₹900. They share it equally. How many rupees does each friend get?
- 4.A pair of shoes costs ₹100. Offer 1: 50% off. Offer 2: ₹30 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 5.How many ₹2 coins make a ₹20 note?
- 6.For Zoya, is “drinking water” a need or a want? (a) Need (b) Want
- 7.Rohan keeps ₹400 in a bank at 7% simple interest per year. How much money will there be after 4 years (in ₹)?
- 8.A water bottle costs ₹150 online. Delivery is ₹70 and a coupon takes ₹50 off. What is the final price (in ₹)?
- 9.Someone online asks Sneha for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A friend at school (b) No one (c) A caller from the bank
- 10.Diya’s class stall spends ₹750 to make 28 plates of bhel and sells all of them at ₹25 each. What is the loss (in ₹)?
- 11.₹68 + ₹19 =
- 12.A 1 kg bag of sugar costs ₹48. A 10 kg bag costs ₹460. How many rupees per kg do you save with the cheaper bag?
- 13.Rohan is making a shopping list. Which of these is a need? (a) a fancy phone cover (b) a new party dress (c) milk (d) a third cricket bat
- 14.Priya makes 6 greeting cards an hour and sells each one for ₹10. How many rupees can Priya earn from 1 hour of work?
- 15.Aditya has 3 notes of ₹20 and 1 note of ₹10. How many rupees does Aditya have?
- 16.Kabir’s piggy bank has 3 coins of ₹5, 2 coins of ₹2 and 1 coin of ₹1. How many rupees are in it?
- 17.Which is the smallest amount: ₹34, ₹94 or ₹78? (a) 78 rupees (b) 94 rupees (c) 34 rupees
- 18.Kabir is making a shopping list. Which of these is a want? (a) toothpaste (b) rice and dal (c) notebooks for school (d) designer sunglasses
- 19.Kavya has ₹30 in a piggy bank. Nani gives Kavya ₹21 more. How many rupees does Kavya have now?
- 20.Which is worth the most: a ₹100 note, a ₹10 coin or a ₹200 note? (a) 10-rupee coin (b) 100-rupee note (c) 200-rupee note
- 21.Saanvi wants a wristwatch that costs ₹600. Saanvi saves ₹100 every week. How many weeks will it take?
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22.Arjun’s passbook:
Opening balance: ₹4800
Credit (money in): ₹450
Debit (money out): ₹?
Closing balance: ₹2700
How many rupees was the debit? - 23.What is the smallest number of coins and notes that make ₹143?
- 24.Farhan saves ₹80 every week for 7 weeks, then buys a bicycle for ₹140. How many rupees are left?
- 25.Joseph has a budget of ₹500 for a birthday party. The return gifts cost ₹50, the juice cost ₹60 and the cake cost ₹120. How many rupees are left?
- 26.Rohan spends ₹120 of ₹400 pocket money on books. What percent is that?
- 27.Zoya has ₹10. A biscuit packet costs ₹13. Does Zoya have enough money to buy it? (a) No (b) Yes
- 28.Isha keeps ₹900 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
- 29.3 friends run a stall selling clay diyas and make a profit of ₹1440. They share it equally. How many rupees does each friend get?
- 30.Manav wants to save ₹350 for a storybook set in 5 weeks, the same amount each week. How many rupees must Manav save each week?
- 31.Nisha has ₹800 for a picnic. Food costs ₹190 and tickets cost ₹650. Is ₹800 enough? (a) Yes (b) No
- 32.Isha spends ₹80 to start a stall and sells each cupcake for ₹30. What is the smallest number Isha must sell to get back the ₹80?
- 33.Priya saves ₹40 every week for 7 weeks, then buys a bicycle for ₹230. How many rupees are left?
- 34.₹200 − ₹50 =
- 35.Aditya spends ₹60 on things to make 15 greeting cards and sells them all at ₹5 each. How many rupees does Aditya earn after paying the costs?
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36.Arjun’s shop bill:
3 cricket balls at ₹115 each
1 pair of socks at ₹80
1 storybook at ₹95
What is the total bill (in ₹)? - 37.₹45 + ₹50 =
- 38.One samosa costs ₹18. A pack of 3 samosas costs ₹53. How many rupees do you save by buying the pack instead of 3 single ones?
- 39.Shop A sells 5 plates of idli for ₹150. Shop B sells 3 plates of idli for ₹150. Which shop is cheaper for one plate of idli? (a) Shop B (b) Shop A
- 40.1350 paise is how many rupees? =
Answer key
- 730
- 1
- 300
- Offer 1
- 10
- Need
- 512
- 170
- No one
- 50
- 87
- 2
- milk
- 60
- 70
- 20
- 34 rupees
- designer sunglasses
- 51
- 200-rupee note
- 6
- 2550
- 5
- 420
- 270
- 30
- No
- 81
- 480
- 70
- No
- 3
- 50
- 150
- 15
- 520
- 95
- 1
- Shop A
- 13.5
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids