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
- 1.2 pairs of socks cost ₹100. How much do 3 pairs of socks cost (in ₹)?
- 2.A water gun costs ₹49. Arjun has ₹20 and ₹2. How many more rupees does Arjun need?
- 3.Rohan wants to save ₹3600 for a bicycle in 9 weeks, the same amount each week. How many rupees must Rohan save each week?
- 4.Nisha has 6 coins of ₹10 and 5 coins of ₹20. How many rupees does Nisha have?
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5.Price list: sharpener ₹7, eraser ₹5, toffee ₹1, balloon ₹10.
How many rupees more does a balloon cost than a sharpener? - 6.After 10% off, a water bottle costs ₹270. What was the price before the sale (in ₹)?
- 7.Vivaan wants a storybook set that costs ₹485, has ₹140 already and saves ₹40 every week. In how many weeks will Vivaan have enough?
- 8.Which is worth more: a ₹1 coin or a ₹20 coin? (a) 20-rupee coin (b) 1-rupee coin
- 9.A stall pays ₹5 for each friendship band and sells each one for ₹7. It sells 27 friendship bands. What is the total profit (in ₹)?
- 10.Of a ₹14000 monthly budget, 10% goes on rent and 30% on food. The rest is saved. What percent is saved?
- 11.Tara’s class stall spends ₹170 to make 21 cups of lemonade and sells all of them at ₹10 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
- 12.₹50 + ₹? + ₹10 = ₹80
- 13.How many ₹5 coins make a ₹20 coin?
- 14.Sneha sells 29 clay diyas at ₹10 each. How many rupees does Sneha get?
- 15.How many pens can you buy with ₹207 if one costs ₹23?
- 16.Dev’s class stall spends ₹100 to make 18 greeting cards and sells all of them at ₹10 each. What is the profit (in ₹)?
- 17.Aditya buys 3 balloons at ₹5 each and pays ₹50. How much change does Aditya get (in ₹)?
- 18.Arjun has 3 notes of ₹50. Tara has 2 coins of ₹2. Who has less money? (a) Arjun (b) Tara
- 19.A balloon costs ₹9. Pooja pays ₹20. How much change does Pooja get (in ₹)?
- 20.Dev has 1 note of ₹100, 3 notes of ₹10 and 5 coins of ₹1. How many rupees does Dev have?
- 21.Pooja spends ₹290 to start a stall and sells each cupcake for ₹30. What is the smallest number Pooja must sell to get back the ₹290?
- 22.How many paise are there in ₹1.50?
- 23.For Sneha, is “a sticker album” a need or a want? (a) Need (b) Want
- 24.Zoya has ₹31 in a piggy bank. Nani gives Zoya ₹8 more. How many rupees does Zoya have now?
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25.Price list: juice box ₹20, balloon ₹10, toffee ₹3, ruler ₹15.
Manav has ₹100 and buys a juice box. How many rupees are left? - 26.₹1200 earns 3% simple interest per year. In how many years will the interest be ₹144?
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27.Price list: toffee ₹1, kite ₹24, eraser ₹3, notebook ₹45.
How much do 4 toffees cost (in ₹)? - 28.Pooja’s class stall spends ₹165 to make 27 paper bookmarks and sells all of them at ₹5 each. What is the loss (in ₹)?
- 29.₹25 + ₹74 =
- 30.Karan has ₹650. First Karan pays for needs: a geometry box (₹180) and a school uniform (₹110). How many rupees are left for wants?
- 31.Shop A sells 2 geometry boxes for ₹200. Shop B sells 4 geometry boxes for ₹360. What does one geometry box cost at the cheaper shop (in ₹)?
- 32.Meera’s class stall spends ₹250 to make 13 cupcakes and sells all of them at ₹25 each. What is the profit (in ₹)?
- 33.Nisha gets ₹7 every day. How many rupees is that in one week (7 days)?
- 34.Diya spends ₹70 of ₹700 pocket money on books. What percent is that?
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35.Price list: toffee ₹2, banana ₹4, glue stick ₹23, kite ₹14.
How much do 5 glue sticks cost (in ₹)? - 36.A 10 kg bag of rice costs ₹770. A 1 kg bag costs ₹51. Which bag is cheaper per kg? (a) 1 kg bag (b) 10 kg bag
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37.Price list: toffee ₹3, biscuit packet ₹14, pencil ₹7, sharpener ₹5.
How much do 4 pencils cost (in ₹)? - 38.A dozen (12) bananas cost ₹96. What does one cost (in ₹)?
- 39.Meera’s class stall spends ₹180 to make 18 cups of lemonade and sells all of them at ₹20 each. What is the profit (in ₹)?
- 40.Aarav’s class stall spends ₹855 to make 31 cups of lemonade and sells all of them at ₹25 each. What is the loss (in ₹)?
Answer key
- 150
- 27
- 400
- 160
- 3
- 300
- 9
- 20-rupee coin
- 54
- 60
- Profit
- 20
- 4
- 290
- 9
- 80
- 35
- Tara
- 11
- 135
- 10
- 150
- Want
- 39
- 80
- 4
- 4
- 30
- 99
- 360
- 90
- 75
- 49
- 10
- 115
- 1 kg bag
- 28
- 8
- 180
- 80
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids