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 a football for ₹300 with free delivery. Shop B sells it for ₹335 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 2.₹28 − ₹16 =
- 3.A jacket costs ₹500. The shop gives 20% off. What is the sale price (in ₹)?
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4.Saanvi’s passbook:
Opening balance: ₹600
Credit (money in): ₹700
Debit (money out): ₹?
Closing balance: ₹1050
How many rupees was the debit? - 5.Diya’s class stall spends ₹220 to make 19 paper bookmarks and sells all of them at ₹10 each. What is the loss (in ₹)?
- 6.Of a ₹24000 monthly budget, 25% goes on travel and 30% on electricity. The rest is saved. How many rupees are saved?
- 7.A family plans ₹38000 for the month. 50% of it is for school fees. How many rupees is that?
- 8.Ananya had ₹69. Ananya spent ₹6 on a pencil. How many rupees are left?
- 9.Pooja has ₹1900. In a piggy bank it stays ₹1900. In a bank at 7% simple interest per year, how many rupees more will Pooja have after 3 years?
- 10.Meera’s mother has ₹2500 in her bank account. She pays ₹70 for bread and ₹380 for vegetables by UPI. How many rupees are left in the account?
- 11.A dozen (12) oranges cost ₹60. What does one cost (in ₹)?
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12.Price list: samosa ₹18, sharpener ₹5, juice box ₹30, biscuit packet ₹12.
How many rupees more does a biscuit packet cost than a sharpener? - 13.Manav’s class stall spends ₹70 to make 21 cups of lemonade and sells all of them at ₹5 each. What is the profit (in ₹)?
- 14.Priya’s piggy bank has 1 coin of ₹10, 1 coin of ₹5 and 1 coin of ₹2. How many rupees are in it?
- 15.Nisha has 2 notes of ₹200 and 1 note of ₹50. How many rupees does Nisha have?
- 16.₹10 + ₹53 =
- 17.Joseph has 9 notes of ₹10. How many rupees does Joseph have?
- 18.Priya buys a sharpener for ₹8 and a banana for ₹5. How many rupees does Priya spend in all?
- 19.Isha gets ₹100 pocket money every week. How many rupees is that in 3 weeks?
- 20.The bill for a T-shirt and a geometry box is ₹540. A T-shirt costs ₹390. What does the geometry box cost (in ₹)?
- 21.Rohan has a budget of ₹500 for a birthday party. The decorations cost ₹50, the return gifts cost ₹40 and the snacks cost ₹120. How many rupees are left?
- 22.Pooja’s mother has ₹2200 in her bank account. She pays ₹200 for medicines and ₹140 for vegetables by UPI. How many rupees are left in the account?
- 23.A football costs ₹100. Offer 1: 20% off. Offer 2: ₹10 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 24.₹1200 earns 4% simple interest per year. In how many years will the interest be ₹240?
- 25.10 notebooks cost ₹550. What does one notebook cost (in ₹)?
- 26.Shop A sells a lunch box for ₹195 with free delivery. Shop B sells it for ₹220 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
- 27.One water bottle costs ₹145. How much do 7 water bottles cost (in ₹)?
- 28.Aditya keeps ₹700 in a bank. After 2 years the simple interest is ₹98. What is the rate of interest per year (in %)?
- 29.A pair of shoes costs ₹980. Offer 1: 10% off. Offer 2: ₹230 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 30.The bill for 4 storybooks and a football is ₹1110. A storybook costs ₹165. What does the football cost (in ₹)?
- 31.How many ₹2 coins make a ₹10 coin?
- 32.Which is the biggest amount: ₹77, ₹66 or ₹24? (a) 66 rupees (b) 24 rupees (c) 77 rupees
- 33.One banana costs ₹8. A pack of 3 bananas costs ₹22. How many rupees do you save by buying the pack instead of 3 single ones?
- 34.Shop A sells 4 geometry boxes for ₹520. Shop B sells 3 geometry boxes for ₹405. Which shop is cheaper for one geometry box? (a) Shop A (b) Shop B
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35.Pooja’s passbook:
Opening balance: ₹3800
Credit: ₹450
Credit: ₹150
Debit: ₹400
Debit: ₹100
What is the total of all the credits (in ₹)? - 36.Arjun has ₹500 for a picnic. Food costs ₹220 and tickets cost ₹180. Is ₹500 enough? (a) No (b) Yes
- 37.A 5 kg bag of wheat flour costs ₹230. A 10 kg bag costs ₹410. How many rupees per kg do you save with the cheaper bag?
- 38.3 friends run a stall selling friendship bands and make a profit of ₹720. They share it equally. How many rupees does each friend get?
- 39.Diya’s class stall spends ₹260 to make 18 friendship bands and sells all of them at ₹20 each. What is the profit (in ₹)?
- 40.Which is worth the most: a ₹1 coin, a ₹10 note or a ₹5 coin? (a) 10-rupee note (b) 1-rupee coin (c) 5-rupee coin
Answer key
- Shop A
- 12
- 400
- 250
- 30
- 10800
- 19000
- 63
- 399
- 2050
- 5
- 7
- 35
- 17
- 450
- 63
- 90
- 13
- 300
- 150
- 290
- 1860
- Offer 1
- 5
- 55
- 75
- 1015
- 7
- Offer 2
- 450
- 5
- 77 rupees
- 2
- Shop A
- 600
- Yes
- 5
- 240
- 100
- 10-rupee note
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids