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.Dev wants a board game that costs ₹300. Dev saves ₹30 every week. How many weeks will it take?
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2.Price list: glue stick ₹25, pencil ₹4, banana ₹8, ice candy ₹13.
How many rupees more does a glue stick cost than an ice candy? - 3.3 plates of idli cost ₹135. What does one plate of idli cost (in ₹)?
- 4.Which is worth the most: a ₹500 note, a ₹200 note or a ₹50 note? (a) 50-rupee note (b) 500-rupee note (c) 200-rupee note
- 5.Manav spends ₹30 of ₹300 pocket money on books. What percent is that?
- 6.For Tara, is “a video game” a need or a want? (a) Want (b) Need
- 7.₹100 + ₹? + ₹5 = ₹115
- 8.Which is the smallest amount: ₹11, ₹63 or ₹37? (a) 37 rupees (b) 11 rupees (c) 63 rupees
- 9.Sneha makes 3 greeting cards an hour and sells each one for ₹25. How many rupees can Sneha earn from 4 hours of work?
- 10.₹39 − ₹28 =
- 11.A 10 kg bag of onions costs ₹450. A 5 kg bag costs ₹290. How many rupees per kg do you save with the cheaper bag?
- 12.Tara has 9 notes of ₹10. Zoya has 3 notes of ₹20. Who has more money? (a) Tara (b) Zoya
- 13.A stall pays ₹5 for each cup of lemonade and sells each one for ₹10. It sells 16 cups of lemonade. What is the total profit (in ₹)?
- 14.One badminton racket costs ₹510. How much do 9 badminton rackets cost (in ₹)?
- 15.Aarav’s class stall spends ₹180 to make 27 friendship bands and sells all of them at ₹10 each. What is the profit (in ₹)?
- 16.A dozen (12) bangles cost ₹60. What does one cost (in ₹)?
- 17.A 5 kg bag of dal costs ₹745. A 1 kg bag costs ₹110. How many rupees per kg do you save with the cheaper bag?
- 18.Isha buys 4 plates of idli at ₹50 each and pays with a ₹500 note. How much change does Isha get (in ₹)?
- 19.What is the smallest number of coins and notes that make ₹67?
- 20.Arjun had ₹70. Arjun spent ₹6 on a banana. How many rupees are left?
- 21.A stranger asks Nisha to scan a QR code to “get” ₹500. What is true? (a) It gives you money (b) Scanning a QR pays money (c) QR codes are always safe
- 22.Dev buys a samosa for ₹19 and a glue stick for ₹19. How many rupees does Dev spend in all?
- 23.Diya gets ₹500 pocket money every month. How many rupees is that in one year (12 months)?
- 24.Rahul buys a notebook (₹55), a football (₹345), a pen (₹14) and a storybook (₹110). What is the total (in ₹)?
- 25.A day trip costs ₹1530 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
- 26.Manav is making a shopping list. Which of these is a want? (a) notebooks for school (b) a raincoat (c) a schoolbag (d) a bigger TV
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27.Joseph’s shop bill:
4 pens at ₹12 each
4 colour pencil sets at ₹85 each
1 badminton racket at ₹465
What is the total bill (in ₹)? - 28.₹700 earns 2% simple interest per year. In how many years will the interest be ₹70?
- 29.Joseph’s class stall spends ₹80 to make 16 cups of lemonade and sells all of them at ₹10 each. What is the profit (in ₹)?
- 30.A pencil costs ₹7 and a toffee costs ₹2. How many rupees more does the pencil cost?
- 31.One T-shirt costs ₹240. How much do 7 T-shirts cost (in ₹)?
- 32.A 10 kg bag of dal costs ₹1240. A 2 kg bag costs ₹214. Which bag is cheaper per kg? (a) 10 kg bag (b) 2 kg bag
- 33.Aarav keeps ₹1300 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
- 34.Arjun buys 2 pairs of socks at ₹70 each and pays with a ₹500 note. How much change does Arjun get (in ₹)?
- 35.₹26 + ₹26 + ₹27 =
- 36.Nisha has 3 notes of ₹10. How many rupees does Nisha have?
- 37.Karan buys a pair of socks for ₹60 and pays with a ₹100 note. How much change does Karan get (in ₹)?
- 38.A jacket costs ₹960. The shop gives 20% off. How many rupees is the discount?
- 39.A message says Aarav has won ₹1000. It asks for the UPI PIN to send the prize. What is true? (a) Enter the PIN quickly (b) No PIN to receive money (c) Prizes need your PIN
- 40.Which coins and notes make exactly ₹121? (a) 100 + 20 + 1 (b) 100 + 10 + 1 (c) 100 + 50 + 1
Answer key
- 10
- 12
- 45
- 500-rupee note
- 10
- Want
- 10
- 11 rupees
- 300
- 11
- 13
- Tara
- 80
- 4590
- 90
- 5
- 39
- 300
- 4
- 64
- Scanning a QR pays money
- 38
- 6000
- 524
- 510
- a bigger TV
- 853
- 5
- 80
- 5
- 1680
- 2 kg bag
- 65
- 360
- 79
- 30
- 40
- 192
- No PIN to receive money
- 100 + 20 + 1
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids