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.One notebook costs ₹25. A pack of 3 notebooks costs ₹74. How many rupees do you save by buying the pack instead of 3 single ones?
- 2.One pen costs ₹18. How much do 3 pens cost (in ₹)?
- 3.Isha has ₹1200. In a piggy bank it stays ₹1200. In a bank at 6% simple interest per year, how many rupees more will Isha have after 2 years?
- 4.Count up to find the change from ₹10: ₹9 + ₹? = ₹10
-
5.Price list: balloon ₹5, crayon box ₹40, notebook ₹25, glue stick ₹15.
Which item costs the most? (a) notebook (b) glue stick (c) crayon box (d) balloon - 6.One badminton racket costs ₹375. How much do 7 badminton rackets cost (in ₹)?
- 7.Count up to find the change from ₹10: ₹2 + ₹? = ₹10
- 8.A school bag costs ₹700. The shop gives 50% off. What is the sale price (in ₹)?
- 9.Aarav’s mother scans a shop’s QR code to pay ₹1000. What should she check before she pays? (a) The colour of the code (b) The name of the shop (c) Nothing, just pay
- 10.Isha buys a mango for ₹40 and pays with a ₹100 note. How much change does Isha get (in ₹)?
- 11.Karan has 2 notes of ₹10. Vivaan has 3 coins of ₹2. How many more rupees does Karan have?
- 12.Shop A sells 5 mangoes for ₹150. Shop B sells 2 mangoes for ₹40. What does one mango cost at the cheaper shop (in ₹)?
- 13.Shop A sells a football for ₹310 with free delivery. Shop B sells it for ₹420 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 14.There are 37 children in a class. Each child needs one samosa at ₹13. What is the total cost (in ₹)?
- 15.Vivaan has ₹2. A banana costs ₹5. Does Vivaan have enough money to buy it? (a) No (b) Yes
- 16.₹29 + ₹33 =
- 17.Count up to find the change from ₹200: ₹21 + ₹? = ₹200
- 18.For Pooja, is “a raincoat” a need or a want? (a) Want (b) Need
-
19.Vivaan’s passbook:
Opening balance: ₹1900
Credit (money in): ₹250
Debit (money out): ₹350
What is the balance now (in ₹)? - 20.Farhan has 1 note of ₹100 and 2 notes of ₹50. How many rupees does Farhan have?
- 21.A family plans ₹28000 for the month. 10% of it is for electricity. How many rupees is that?
- 22.A cricket bat costs ₹220. The shop gives 10% off. What is the sale price (in ₹)?
- 23.Gurpreet has ₹350. First Gurpreet pays for needs: a geometry box (₹110) and a water bottle (₹60). How many rupees are left for wants?
- 24.Aditya’s class stall spends ₹70 to make 20 plates of bhel and sells all of them at ₹5 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 25.A family plans ₹34000 for the month. 30% of it is for school fees. How many rupees is that?
- 26.The bill for a notebook and a lunch box is ₹200. A notebook costs ₹50. What does the lunch box cost (in ₹)?
- 27.Rohan buys a T-shirt (₹280), a plate of idli (₹45), a samosa (₹12) and a notebook (₹55). What is the total (in ₹)?
- 28.8 badminton rackets cost ₹2520. How much do 4 badminton rackets cost (in ₹)?
- 29.Pooja is making a shopping list. Which of these is a need? (a) a remote-control car (b) a glitter pen set (c) a bigger TV (d) vegetables
- 30.Diya buys a pen (₹20), a cricket ball (₹145), a badminton racket (₹485) and a notebook (₹35). What is the total (in ₹)?
- 31.Karan sees that ₹25000 was sent to a wrong number by mistake. What should Karan do first? (a) Pay again to fix it (b) Keep it a secret (c) Tell a parent at once
- 32.Diya had ₹88. Diya spent ₹4 on a pencil. How many rupees are left?
- 33.Rahul has 3 coins of ₹5. Aditya has 5 coins of ₹2. Who has less money? (a) Rahul (b) Aditya
- 34.Riya buys a sticker sheet for ₹7 and an ice candy for ₹13. How many rupees does Riya spend in all?
- 35.Meera spends ₹140 to start a stall and sells each cup of lemonade for ₹15. What is the smallest number Meera must sell to get back the ₹140?
-
36.Manav’s passbook:
Opening balance: ₹4500
Credit (money in): ₹950
Debit (money out): ₹?
Closing balance: ₹2400
How many rupees was the debit? - 37.Gurpreet spends ₹80 to start a stall and sells each clay diya for ₹10. What is the smallest number Gurpreet must sell to get back the ₹80?
- 38.Which is worth the most: a ₹500 note, a ₹100 note or a ₹2 coin? (a) 100-rupee note (b) 2-rupee coin (c) 500-rupee note
- 39.Isha gets ₹27 every day. How many rupees is that in one week (7 days)?
- 40.₹? + ₹50 + ₹10 = ₹80
Answer key
- 1
- 54
- 144
- 1
- crayon box
- 2625
- 8
- 350
- The name of the shop
- 60
- 14
- 20
- Shop A
- 481
- No
- 62
- 179
- Need
- 1800
- 200
- 2800
- 198
- 180
- Profit
- 10200
- 150
- 392
- 1260
- vegetables
- 685
- Tell a parent at once
- 84
- Aditya
- 20
- 10
- 3050
- 8
- 500-rupee note
- 189
- 20
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids