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.₹1400 earns 7% simple interest per year. In how many years will the interest be ₹98?
- 2.Kabir gets ₹85 pocket money every week. How many rupees is that in 7 weeks?
- 3.Shop A sells a lunch box for ₹180 with free delivery. Shop B sells it for ₹175 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
- 4.A stall pays ₹5 for each cup of lemonade and sells each one for ₹9. It sells 22 cups of lemonade. What is the total profit (in ₹)?
- 5.Rahul has 4 coins of ₹5 and 2 coins of ₹2. How many rupees does Rahul have?
- 6.Rohan buys a samosa for ₹12 and pays with a ₹100 note. How much change does Rohan get (in ₹)?
- 7.Rohan has a budget of ₹1000 for a birthday party. The snacks cost ₹80, the cake cost ₹140 and the return gifts cost ₹30. How many rupees are left?
- 8.3 T-shirts cost ₹690. How much do 10 T-shirts cost (in ₹)?
- 9.Karan has one ₹200 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 10.A dozen (12) bananas cost ₹36. What does one cost (in ₹)?
- 11.Dev is making a shopping list. Which of these is a want? (a) school shoes (b) a bigger TV (c) rice and dal (d) bus fare to school
- 12.Pooja’s mother scans a shop’s QR code to pay ₹1000. What should she check before she pays? (a) Nothing, just pay (b) The colour of the code (c) The name of the shop
- 13.₹60 + ₹350 =
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14.Joseph’s passbook:
Opening balance: ₹3200
Debit: ₹250
Credit: ₹500
Debit: ₹200
Debit: ₹450
What is the total of all the debits (in ₹)? - 15.Shop A sells 4 pairs of socks for ₹320. Shop B sells 5 pairs of socks for ₹250. Which shop is cheaper for one pair of socks? (a) Shop A (b) Shop B
- 16.₹910 − ₹170 =
- 17.Karan has 9 coins of ₹1. How many rupees does Karan have?
- 18.Zoya had ₹42. Zoya spent ₹4 on an eraser. How many rupees are left?
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19.Price list: crayon box ₹50, sticker sheet ₹7, toffee ₹2, ruler ₹9.
How much do 5 crayon boxes cost (in ₹)? - 20.Diya has a budget of ₹2000 for a birthday party. The snacks cost ₹110, the juice cost ₹200 and the return gifts cost ₹360. How many rupees are left?
- 21.A balloon costs ₹8 and an eraser costs ₹3. How many rupees more does the balloon cost?
- 22.₹16 + ₹22 =
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23.Price list: balloon ₹6, crayon box ₹40, sticker sheet ₹5, samosa ₹12.
How much do 3 crayon boxes cost (in ₹)? - 24.₹25 + ₹37 + ₹6 =
- 25.Kabir wants a cricket bat that costs ₹900. Kabir saves ₹50 every week. How many weeks will it take?
- 26.Arjun buys a ruler for ₹8 and a balloon for ₹5, and pays ₹50. How much change does Arjun get (in ₹)?
- 27.Joseph has ₹52 in a piggy bank. Nani gives Joseph ₹17 more. How many rupees does Joseph have now?
- 28.Priya had ₹20. Priya spent ₹14 on an ice candy. How many rupees are left?
- 29.How many ₹50 notes make a ₹100 note?
- 30.Ishaan’s class stall spends ₹570 to make 16 clay diyas and sells all of them at ₹30 each. What is the loss (in ₹)?
- 31.Rohan has a budget of ₹1000 for a birthday party. The return gifts cost ₹50, the decorations cost ₹60 and the cake cost ₹40. How many rupees are left?
- 32.Isha gets ₹25 every day. How many rupees is that in one week (7 days)?
- 33.A dozen (12) oranges cost ₹84. What does one cost (in ₹)?
- 34.Lakshmi gets ₹60 pocket money every week. How many rupees is that in 4 weeks?
- 35.Aarav buys a mango for ₹20 and a colour pencil set for ₹75, and pays with a ₹500 note. How much change does Aarav get (in ₹)?
- 36.Rohan has 2 coins of ₹2 and 5 coins of ₹20. How many rupees does Rohan have?
- 37.Saanvi’s class stall spends ₹610 to make 26 cups of lemonade and sells all of them at ₹20 each. What is the loss (in ₹)?
- 38.Rohan has a budget of ₹500 for a birthday party. The cake cost ₹90, the return gifts cost ₹90 and the snacks cost ₹40. How many rupees are left?
- 39.Shop A sells a school bag for ₹540 with free delivery. Shop B sells it for ₹490 plus ₹80 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 40.Arjun buys a pair of socks for ₹85 and pays with a ₹100 note. How much change does Arjun get (in ₹)?
Answer key
- 1
- 595
- 35
- 88
- 24
- 88
- 750
- 2300
- Note
- 3
- a bigger TV
- The name of the shop
- 410
- 900
- Shop B
- 740
- 9
- 38
- 250
- 1330
- 5
- 38
- 120
- 68
- 18
- 37
- 69
- 6
- 2
- 90
- 850
- 175
- 7
- 240
- 405
- 104
- 90
- 280
- Shop A
- 15
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids