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.A study lamp costs ₹860. Offer 1: 25% off. Offer 2: ₹250 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 2.Ananya buys 4 pens at ₹19 each and pays with a ₹200 note. How much change does Ananya get (in ₹)?
- 3.A day trip costs ₹760 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
- 4.What is the smallest number of coins and notes that make ₹32?
- 5.Gurpreet’s class stall spends ₹70 to make 25 cups of lemonade and sells all of them at ₹5 each. What is the profit (in ₹)?
- 6.₹310 − ₹190 =
- 7.A water bottle costs ₹980. Offer 1: 10% off. Offer 2: ₹130 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 8.4 geometry boxes cost ₹440. What does one geometry box cost (in ₹)?
- 9.Zoya’s class stall spends ₹440 to make 40 clay diyas and sells all of them at ₹10 each. What is the loss (in ₹)?
- 10.₹59 − ₹39 =
- 11.₹24 + ₹9 + ₹32 =
- 12.Count up to find the change from ₹50: ₹3 + ₹? = ₹50
- 13.The bill for 2 storybooks and a notebook is ₹355. A storybook costs ₹150. What does the notebook cost (in ₹)?
- 14.How many ₹1 coins make a ₹10 coin?
- 15.Of a ₹48000 monthly budget, 10% goes on clothes and 50% on travel. The rest is saved. How many rupees are saved?
- 16.Vivaan is making a shopping list. Which of these is a want? (a) medicine when ill (b) toothpaste (c) a raincoat (d) extra comic books
- 17.Priya had ₹75. Priya spent ₹6 on a banana. How many rupees are left?
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18.Arjun’s shop bill:
2 lunch boxes at ₹275 each
3 cricket balls at ₹120 each
2 pens at ₹14 each
What is the total bill (in ₹)? - 19.Gurpreet is making a shopping list. Which of these is a want? (a) a warm blanket (b) rice and dal (c) notebooks for school (d) a sticker album
- 20.Aditya keeps ₹400 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 3 years?
- 21.The bill for 4 T-shirts and a football is ₹1420. A T-shirt costs ₹250. What does the football cost (in ₹)?
- 22.A day trip costs ₹3440 in all. 8 friends share the cost equally. How much does each friend pay (in ₹)?
- 23.₹910 − ₹220 =
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24.Aarav’s passbook:
Opening balance: ₹2600
Debit: ₹450
Credit: ₹50
Credit: ₹200
Credit: ₹100
What is the total of all the debits (in ₹)? - 25.A family plans ₹17000 for the month. 10% of it is for travel. How many rupees is that?
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26.Ananya’s shop bill:
1 pen at ₹25
2 water bottles at ₹170 each
1 badminton racket at ₹475
What is the total bill (in ₹)? - 27.Karan has 3 coins of ₹1. How many rupees does Karan have?
- 28.Shop A sells a cricket ball for ₹115 with free delivery. Shop B sells it for ₹115 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 29.Zoya wants a football that costs ₹360. Zoya saves ₹90 every week. How many weeks will it take?
- 30.Arjun has 2 notes of ₹20 and 5 notes of ₹10. How many rupees does Arjun have?
- 31.Tara spends ₹50 of ₹200 pocket money on books. What percent is that?
- 32.Karan has 7 notes of ₹50. Rohan has 5 coins of ₹2. Who has more money? (a) Karan (b) Rohan
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33.Tara’s passbook:
Opening balance: ₹2500
Credit: ₹500
Credit: ₹350
Debit: ₹50
Credit: ₹150
What is the closing balance (in ₹)? - 34.₹14 + ₹10 + ₹32 =
- 35.Riya buys a pair of socks for ₹85 and a samosa for ₹20, and pays with a ₹500 note. How much change does Riya get (in ₹)?
- 36.Joseph buys an eraser for ₹2 and a sharpener for ₹8, and pays ₹50. How much change does Joseph get (in ₹)?
- 37.₹360 − ₹90 =
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38.Meera’s passbook:
Opening balance: ₹4800
Debit: ₹150
Debit: ₹200
Credit: ₹200
Debit: ₹200
What is the closing balance (in ₹)? - 39.₹33 − ₹22 =
- 40.Joseph buys 4 samosas at ₹14 each and pays with a ₹500 note. How much change does Joseph get (in ₹)?
Answer key
- Offer 2
- 124
- 380
- 3
- 55
- 120
- Offer 2
- 110
- 40
- 20
- 65
- 47
- 55
- 10
- 19200
- extra comic books
- 69
- 938
- a sticker album
- 96
- 420
- 430
- 690
- 450
- 1700
- 840
- 3
- 20
- 4
- 90
- 25
- Karan
- 3450
- 56
- 395
- 40
- 270
- 4450
- 11
- 444
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids