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 board game costs ₹800. Offer 1: 25% off. Offer 2: ₹250 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 2.Tara has 4 notes of ₹200 and 1 note of ₹20. How many rupees does Tara have?
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3.Price list: eraser ₹3, biscuit packet ₹10, glue stick ₹15, banana ₹5.
How much do a banana and a glue stick cost together (in ₹)? - 4.How many paise are there in ₹7.50?
- 5.Shop A sells a water bottle for ₹250 with free delivery. Shop B sells it for ₹125 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 6.Nisha wants to save ₹300 for a gift for Mum in 10 weeks, the same amount each week. How many rupees must Nisha save each week?
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7.Price list: sharpener ₹7, ice candy ₹13, biscuit packet ₹20, glue stick ₹16.
Which item costs the most? (a) glue stick (b) ice candy (c) sharpener (d) biscuit packet - 8.Dev has ₹1. A pencil costs ₹5. Does Dev have enough money to buy it? (a) Yes (b) No
- 9.Manav’s class stall spends ₹280 to make 20 clay diyas and sells all of them at ₹25 each. What is the profit (in ₹)?
- 10.A juice box costs ₹20.50. Arjun pays ₹50. How much change does Arjun get, in rupees? =
- 11.Priya buys a plate of idli for ₹60 and pays with a ₹100 note. How much change does Priya get (in ₹)?
- 12.How many coins of ₹2 does Saanvi need to make ₹6?
- 13.A football costs ₹360 online. Delivery is ₹70 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 14.Karan has ₹750. First Karan pays for needs: socks (₹150) and a raincoat (₹100). How many rupees are left for wants?
- 15.Manav’s mother has ₹2200 in her bank account. She pays ₹50 for school books and ₹140 for bread by UPI. How many rupees are left in the account?
- 16.Karan has ₹550. First Karan pays for needs: a school uniform (₹140) and a raincoat (₹90). How many rupees are left for wants?
- 17.8 lunch boxes cost ₹2360. What does one lunch box cost (in ₹)?
- 18.Vivaan buys 2 sticker sheets at ₹7 each and pays ₹20. How much change does Vivaan get (in ₹)?
- 19.3 cricket balls cost ₹315. What does one cricket ball cost (in ₹)?
- 20.Count up to find the change from ₹500: ₹227 + ₹? = ₹500
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21.Price list: sticker sheet ₹11, balloon ₹9, ruler ₹10, kite ₹15.
Ishaan has ₹20 and buys a ruler. How many rupees are left? - 22.Diya has ₹56 in a piggy bank. Mausi gives Diya ₹7 more. How many rupees does Diya have now?
- 23.Kabir has ₹1200. In a piggy bank it stays ₹1200. In a bank at 9% simple interest per year, how many rupees more will Kabir have after 3 years?
- 24.Aditya has one ₹2 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 25.Riya has ₹14. An ice candy costs ₹9. Does Riya have enough money to buy it? (a) No (b) Yes
- 26.Shop A sells a T-shirt for ₹255 with free delivery. Shop B sells it for ₹340 plus ₹70 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 27.Sneha is making a shopping list. Which of these is a need? (a) a video game (b) vegetables (c) a bigger TV (d) a glitter pen set
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28.Riya’s shop bill:
1 school bag at ₹580
4 T-shirts at ₹200 each
1 geometry box at ₹110
What is the total bill (in ₹)? - 29.Isha has ₹100. In a piggy bank it stays ₹100. In a bank at 4% simple interest per year, how many rupees more will Isha have after 5 years?
- 30.Priya’s class stall spends ₹220 to make 34 cups of lemonade and sells all of them at ₹5 each. What is the loss (in ₹)?
- 31.There are 24 children in a class. Each child needs one pen at ₹15. What is the total cost (in ₹)?
- 32.₹40 + ₹17 + ₹9 =
- 33.Lakshmi keeps ₹700 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
- 34.Meera gets a link: “Click now to win a phone worth ₹50000!” What should Meera do? (a) Send it to friends (b) Click it to win (c) Ignore it, tell a parent
- 35.Aditya saves ₹90 every week for 10 weeks, then buys a board game for ₹140. How many rupees are left?
- 36.Tara’s class stall spends ₹210 to make 26 greeting cards and sells all of them at ₹10 each. What is the profit (in ₹)?
- 37.A kite costs ₹10. Manav pays ₹50. How much change does Manav get (in ₹)?
- 38.Count up to find the change from ₹20: ₹7 + ₹? = ₹20
- 39.What is the smallest number of coins and notes that make ₹83?
- 40.Isha buys 5 samosas at ₹13 each and pays with a ₹200 note. How much change does Isha get (in ₹)?
Answer key
- Offer 2
- 820
- 20
- 750
- Shop B
- 30
- biscuit packet
- No
- 220
- 29.5
- 40
- 3
- 420
- 500
- 2010
- 320
- 295
- 6
- 105
- 273
- 10
- 63
- 324
- Coin
- Yes
- Shop A
- vegetables
- 1490
- 20
- 50
- 360
- 66
- 42
- Ignore it, tell a parent
- 760
- 50
- 40
- 13
- 5
- 135
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids