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.Joseph’s class stall spends ₹380 to make 24 cups of lemonade and sells all of them at ₹30 each. What is the profit (in ₹)?
- 2.Shop A sells a badminton racket for ₹340 with free delivery. Shop B sells it for ₹545 plus ₹70 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 3.What is the smallest number of coins and notes that make ₹142?
- 4.Kabir has 1 note of ₹200 and 2 notes of ₹50. How many rupees does Kabir have?
- 5.Count up to find the change from ₹200: ₹162 + ₹? = ₹200
- 6.Farhan sells 14 friendship bands at ₹10 each. How many rupees does Farhan get?
- 7.Dev’s class stall spends ₹90 to make 34 friendship bands and sells all of them at ₹5 each. What is the profit (in ₹)?
- 8.Vivaan buys a sticker sheet for ₹9 and a samosa for ₹10, and pays ₹50. How much change does Vivaan get (in ₹)?
- 9.How many coins of ₹5 does Vivaan need to make ₹15?
- 10.Diya wants a wristwatch that costs ₹1055, has ₹340 already and saves ₹60 every week. In how many weeks will Diya have enough?
- 11.How many ₹5 coins make a ₹50 note?
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12.Ananya’s shop bill:
1 pen at ₹13
3 colour pencil sets at ₹110 each
1 T-shirt at ₹330
What is the total bill (in ₹)? - 13.What do 4 water bottles at ₹180 each and 3 pens at ₹21 each cost in all (in ₹)?
- 14.Sneha buys 3 samosas at ₹18 each and pays with a ₹500 note. How much change does Sneha get (in ₹)?
- 15.Arjun has ₹700. First Arjun pays for needs: socks (₹210) and a raincoat (₹210). How many rupees are left for wants?
- 16.₹58 − ₹53 =
- 17.How many paise are there in ₹17?
- 18.Nisha wants a bicycle that costs ₹3600, has ₹200 already and saves ₹450 every week. In how many weeks will Nisha have enough?
- 19.Dev has 1 note of ₹100, 4 notes of ₹10 and 2 coins of ₹1. How many rupees does Dev have?
- 20.Joseph has ₹950. First Joseph pays for needs: a water bottle (₹180) and a lunch box (₹240). How many rupees are left for wants?
- 21.Joseph buys a plate of idli for ₹50 and pays with a ₹100 note. How much change does Joseph get (in ₹)?
- 22.Of a ₹12000 monthly budget, 5% goes on rent and 10% on food. The rest is saved. How many rupees are saved?
- 23.₹31 + ₹55 =
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24.Rohan’s passbook:
Opening balance: ₹2800
Debit: ₹100
Credit: ₹450
Debit: ₹200
Credit: ₹450
What is the closing balance (in ₹)? - 25.Shop A sells a water bottle for ₹235 with free delivery. Shop B sells it for ₹205 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
- 26.Joseph’s class stall spends ₹600 to make 38 friendship bands and sells all of them at ₹20 each. What is the profit (in ₹)?
- 27.Ishaan buys 4 plates of idli at ₹35 each and pays with a ₹200 note. How much change does Ishaan get (in ₹)?
- 28.A family plans ₹13000 for the month. 20% of it is for rent. How many rupees is that?
- 29.₹64 − ₹36 =
- 30.One glue stick costs ₹16. A pack of 3 glue sticks costs ₹47. How many rupees do you save by buying the pack instead of 3 single ones?
- 31.Vivaan wants a cricket bat that costs ₹700. Vivaan saves ₹50 every week. How many weeks will it take?
- 32.Shop A sells 2 pairs of socks for ₹150. Shop B sells 5 pairs of socks for ₹300. What does one pair of socks cost at the cheaper shop (in ₹)?
- 33.Diya is making a shopping list. Which of these is a need? (a) sweets every day (b) drinking water (c) a video game (d) a fancy phone cover
- 34.For Farhan, is “school shoes” a need or a want? (a) Want (b) Need
- 35.Of a ₹38000 monthly budget, 50% goes on rent and 20% on travel. The rest is saved. What percent is saved?
- 36.Saanvi buys a pair of socks for ₹85 and pays with a ₹100 note. How much change does Saanvi get (in ₹)?
- 37.Dev has one ₹2 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 38.Tara buys a sharpener for ₹5 and a crayon box for ₹40. How many rupees does Tara spend in all?
- 39.6 storybooks cost ₹990. What does one storybook cost (in ₹)?
- 40.A football costs ₹520. The shop gives 50% off. How many rupees is the discount?
Answer key
- 340
- Shop A
- 4
- 300
- 38
- 140
- 80
- 31
- 3
- 12
- 10
- 673
- 783
- 446
- 280
- 5
- 1700
- 8
- 142
- 530
- 50
- 10200
- 86
- 3400
- 10
- 160
- 60
- 2600
- 28
- 1
- 14
- 60
- drinking water
- Need
- 30
- 15
- Coin
- 45
- 165
- 260
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids