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.Shop A sells 3 pairs of socks for ₹240. Shop B sells 5 pairs of socks for ₹275. Which shop is cheaper for one pair of socks? (a) Shop B (b) Shop A
- 2.One ice candy costs ₹14. A pack of 3 ice candies costs ₹39. How many rupees do you save by buying the pack instead of 3 single ones?
- 3.₹40 − ₹38 =
- 4.A 5 kg bag of wheat flour costs ₹205. A 2 kg bag costs ₹90. How many rupees per kg do you save with the cheaper bag?
- 5.₹400 + ₹310 =
- 6.Ananya saves ₹50 every week for 9 weeks, then buys a wristwatch for ₹380. How many rupees are left?
- 7.Aarav has ₹16 in a piggy bank. Dada gives Aarav ₹40 more. How many rupees does Aarav have now?
- 8.₹69 + ₹14 =
- 9.₹3.50 + ₹19 =
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10.Ananya’s passbook:
Opening balance: ₹900
Credit (money in): ₹900
Debit (money out): ₹?
Closing balance: ₹1350
How many rupees was the debit? - 11.Which is the same money as one ₹10 note? (a) two 5-rupee coins (b) three 5-rupee coins (c) five 5-rupee coins
- 12.One lunch box costs ₹210. How much do 6 lunch boxes cost (in ₹)?
- 13.Lakshmi wants a storybook set that costs ₹560. Lakshmi saves ₹80 every week. How many weeks will it take?
- 14.How many ₹2 coins make a ₹10 coin?
- 15.Which is worth more: a ₹5 coin or a ₹200 note? (a) 5-rupee coin (b) 200-rupee note
- 16.One T-shirt costs ₹275. How much do 6 T-shirts cost (in ₹)?
- 17.Lakshmi’s piggy bank has 4 coins of ₹20, 3 coins of ₹10 and 1 coin of ₹5. How many rupees are in it?
- 18.₹780 − ₹150 =
- 19.Shop A sells 3 pens for ₹66. Shop B sells 2 pens for ₹48. Which shop is cheaper for one pen? (a) Shop B (b) Shop A
- 20.Rohan gets ₹90 a week, spends ₹30 each week and saves the rest. How many rupees has Rohan saved after 8 weeks?
- 21.Gurpreet’s class stall spends ₹190 to make 16 friendship bands and sells all of them at ₹10 each. What is the loss (in ₹)?
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22.Price list: crayon box ₹40, eraser ₹3, toffee ₹1, kite ₹11.
How much do a crayon box and a kite cost together (in ₹)? - 23.Ishaan buys a sticker sheet for ₹5 and a notebook for ₹30. How many rupees does Ishaan spend in all?
- 24.A day trip costs ₹1840 in all. 8 friends share the cost equally. How much does each friend pay (in ₹)?
- 25.A football costs ₹620. Offer 1: 20% off. Offer 2: ₹280 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 26.Joseph keeps ₹2000 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
- 27.How many coins of ₹5 does Diya need to make ₹30?
- 28.Priya gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Priya do? (a) Never share the OTP (b) Read the OTP out (c) Send it by message
- 29.₹33 − ₹21 =
- 30.A cricket bat costs ₹540. Offer 1: 10% off. Offer 2: ₹220 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 31.₹65 − ₹10 =
- 32.Ananya’s mother has ₹1100 in her bank account. She pays ₹120 for medicines and ₹60 for vegetables by UPI. How many rupees are left in the account?
- 33.Isha saves ₹50 every week for 5 weeks, then buys a bicycle for ₹240. How many rupees are left?
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34.Karan’s shop bill:
1 lunch box at ₹215
4 colour pencil sets at ₹95 each
1 T-shirt at ₹210
What is the total bill (in ₹)? - 35.How many ₹10 coins make a ₹20 coin?
- 36.Diya has ₹30. A notebook costs ₹25. Does Diya have enough money to buy it? (a) No (b) Yes
- 37.Isha has 2 coins of ₹10 and 3 coins of ₹2. How many rupees does Isha have?
- 38.What do 5 lunch boxes at ₹270 each and 3 samosas at ₹19 each cost in all (in ₹)?
- 39.Shop A sells 6 mangoes for ₹180. Shop B sells 3 mangoes for ₹75. What does one mango cost at the cheaper shop (in ₹)?
- 40.Rohan spends ₹670 on things to make 45 paper bookmarks and sells them all at ₹20 each. How many rupees does Rohan earn after paying the costs?
Answer key
- Shop B
- 3
- 2
- 4
- 710
- 70
- 56
- 83
- 22.5
- 450
- two 5-rupee coins
- 1260
- 7
- 5
- 200-rupee note
- 1650
- 115
- 630
- Shop A
- 480
- 30
- 51
- 35
- 230
- Offer 2
- 2140
- 6
- Never share the OTP
- 12
- Offer 2
- 55
- 920
- 10
- 805
- 2
- Yes
- 26
- 1407
- 25
- 230
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids