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.Sneha got ₹400 in 8 weeks, the same amount every week. How many rupees is that each week?
- 2.Rahul wants to save ₹640 for a cricket bat in 32 weeks, the same amount each week. How many rupees must Rahul save each week?
- 3.A study lamp costs ₹760. The shop gives 25% off. What is the sale price (in ₹)?
- 4.How many ₹1 coins make a ₹5 coin?
- 5.Saanvi wants a wristwatch that costs ₹550, has ₹180 already and saves ₹40 every week. In how many weeks will Saanvi have enough?
- 6.For Nisha, is “a toy robot” a need or a want? (a) Want (b) Need
- 7.A 2 kg bag of tomatoes costs ₹40. A 5 kg bag costs ₹220. How many rupees per kg do you save with the cheaper bag?
- 8.Aditya has 2 notes of ₹50. How many rupees does Aditya have?
- 9.Shop A sells 4 samosas for ₹80. Shop B sells 6 samosas for ₹84. Which shop is cheaper for one samosa? (a) Shop A (b) Shop B
- 10.How many paise are there in ₹6.50?
- 11.Rahul has ₹60 in a piggy bank. Nana gives Rahul ₹15 more. How many rupees does Rahul have now?
- 12.How many ₹10 notes make a ₹50 note?
- 13.7 footballs cost ₹2030. What does one football cost (in ₹)?
- 14.₹2000 earns 8% simple interest per year. In how many years will the interest be ₹160?
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15.Price list: kite ₹18, pencil ₹4, glue stick ₹22, eraser ₹3.
How many rupees more does a pencil cost than an eraser? - 16.Rohan has 4 coins of ₹5 and 2 coins of ₹2. How many rupees does Rohan have?
- 17.Lakshmi has ₹200. In a piggy bank it stays ₹200. In a bank at 6% simple interest per year, how many rupees more will Lakshmi have after 5 years?
- 18.Kavya spends ₹40 on things to make 10 cups of lemonade and sells them all at ₹5 each. How many rupees does Kavya earn after paying the costs?
- 19.There are 11 children in a class. Each child needs one samosa at ₹19. What is the total cost (in ₹)?
- 20.Diya wants to save ₹840 for a wristwatch in 14 weeks, the same amount each week. How many rupees must Diya save each week?
- 21.Count up to find the change from ₹100: ₹92 + ₹? = ₹100
- 22.Ananya’s class stall spends ₹230 to make 14 clay diyas and sells all of them at ₹30 each. What is the profit (in ₹)?
- 23.Sneha keeps ₹600 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
- 24.Ananya has 5 coins of ₹2. Manav has 7 notes of ₹100. Who has more money? (a) Ananya (b) Manav
- 25.A 1 kg bag of onions costs ₹48. A 5 kg bag costs ₹190. How many rupees per kg do you save with the cheaper bag?
- 26.Shop A sells a water bottle for ₹135 with free delivery. Shop B sells it for ₹150 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 27.A board game costs ₹920. The shop gives 20% off. How many rupees is the discount?
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28.Lakshmi’s passbook:
Opening balance: ₹3300
Credit (money in): ₹200
Debit (money out): ₹2400
What is the balance now (in ₹)? - 29.Kabir keeps ₹400 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
- 30.₹7.50 + ₹12.50 =
- 31.Riya has 6 notes of ₹10. Priya has 3 coins of ₹1. Who has less money? (a) Priya (b) Riya
- 32.A dozen (12) bananas cost ₹60. What does one cost (in ₹)?
- 33.One badminton racket costs ₹585. How much do 7 badminton rackets cost (in ₹)?
- 34.The bill for 2 footballs and a lunch box is ₹680. A football costs ₹260. What does the lunch box cost (in ₹)?
- 35.Diya’s class stall spends ₹200 to make 40 cupcakes and sells all of them at ₹5 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
- 36.Ishaan’s class stall spends ₹140 to make 33 cups of lemonade and sells all of them at ₹5 each. What is the profit (in ₹)?
- 37.A badminton racket costs ₹365 online. Delivery is ₹80 and a coupon takes ₹10 off. What is the final price (in ₹)?
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38.Sneha’s passbook:
Opening balance: ₹2200
Credit: ₹100
Debit: ₹450
Credit: ₹350
Debit: ₹350
What is the total of all the credits (in ₹)? - 39.How many notes of ₹20 make ₹80?
- 40.Nisha got ₹175 in 7 weeks, the same amount every week. How many rupees is that each week?
Answer key
- 50
- 20
- 570
- 5
- 10
- Want
- 24
- 100
- Shop B
- 650
- 75
- 5
- 290
- 1
- 1
- 24
- 60
- 10
- 209
- 60
- 8
- 190
- 12
- Manav
- 10
- Shop A
- 184
- 1100
- 424
- 20
- Priya
- 5
- 4095
- 160
- No profit, no loss
- 25
- 435
- 450
- 4
- 25
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids