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 cricket bat costs ₹500. Offer 1: 10% off. Offer 2: ₹230 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 2.Vivaan has ₹450 for return gifts. Each gift costs ₹25. What is the greatest number of gifts Vivaan can buy?
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3.Price list: juice box ₹20, crayon box ₹50, ice candy ₹12, biscuit packet ₹13.
How much do a biscuit packet and a juice box cost together (in ₹)? - 4.Shop A sells 3 geometry boxes for ₹285. Shop B sells 6 geometry boxes for ₹540. Which shop is cheaper for one geometry box? (a) Shop A (b) Shop B
- 5.₹29 − ₹7.50 =
- 6.Diya makes 2 clay diyas an hour and sells each one for ₹5. How many rupees can Diya earn from 4 hours of work?
- 7.For Sneha, is “a school uniform” a need or a want? (a) Want (b) Need
- 8.What is the smallest number of coins and notes that make ₹193?
- 9.Ananya keeps ₹300 in a bank. After 3 years the simple interest is ₹27. What is the rate of interest per year (in %)?
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10.Riya’s passbook:
Opening balance: ₹3000
Credit (money in): ₹1000
Debit (money out): ₹?
Closing balance: ₹2050
How many rupees was the debit? - 11.₹250 + ₹120 =
- 12.Karan has 9 coins of ₹1. How many rupees does Karan have?
- 13.Rahul’s piggy bank has 2 coins of ₹20, 5 coins of ₹10 and 5 coins of ₹5. How many rupees are in it?
- 14.The bill for 4 water bottles and a mango is ₹1015. A water bottle costs ₹245. What does the mango cost (in ₹)?
- 15.Aarav wants to save ₹500 for a cricket bat in 5 weeks, the same amount each week. How many rupees must Aarav save each week?
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16.Price list: juice box ₹20, glue stick ₹25, ruler ₹9, eraser ₹2.
Which item costs the least? (a) eraser (b) juice box (c) ruler (d) glue stick - 17.Aarav spends ₹60 of ₹200 pocket money on books. What percent is that?
- 18.Dev’s class stall spends ₹180 to make 20 clay diyas and sells all of them at ₹15 each. What is the profit (in ₹)?
- 19.Aarav has 2 notes of ₹500. How many rupees does Aarav have?
- 20.Aditya gets ₹95 pocket money every week. How many rupees is that in 10 weeks?
- 21.Karan buys a cricket ball for ₹140 and a water bottle for ₹195, and pays with a ₹500 note. How much change does Karan get (in ₹)?
- 22.What do 2 notebooks at ₹40 each and 2 T-shirts at ₹285 each cost in all (in ₹)?
- 23.₹14.50 − ₹9 =
- 24.Of a ₹42000 monthly budget, 5% goes on rent and 40% on school fees. The rest is saved. How many rupees are saved?
- 25.Shop A sells a water bottle for ₹155 with free delivery. Shop B sells it for ₹170 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 26.₹240 − ₹160 =
- 27.One tiny sticker costs 50 paise. How many rupees do 7 tiny stickers cost? =
- 28.A water bottle costs ₹580. The shop gives 10% off. How many rupees is the discount?
- 29.Which is worth more: a ₹500 note or a ₹20 note? (a) 500-rupee note (b) 20-rupee note
- 30.Ananya buys a lunch box for ₹255 and a water bottle for ₹120, and pays with a ₹500 note. How much change does Ananya get (in ₹)?
- 31.Kavya’s class stall spends ₹780 to make 40 cups of lemonade and sells all of them at ₹20 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 32.Riya’s piggy bank has 1 coin of ₹20, 5 coins of ₹2 and 2 coins of ₹1. How many rupees are in it?
- 33.Vivaan has ₹570 for return gifts. Each gift costs ₹30. What is the greatest number of gifts Vivaan can buy?
- 34.Karan keeps ₹1000 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 4 years?
- 35.Ananya has a budget of ₹500 for a birthday party. The snacks cost ₹30, the balloons cost ₹70 and the return gifts cost ₹50. How many rupees are left?
- 36.Shop A sells 3 geometry boxes for ₹255. Shop B sells 6 geometry boxes for ₹630. What does one geometry box cost at the cheaper shop (in ₹)?
- 37.Aarav keeps ₹1500 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
- 38.Shop A sells a football for ₹370 with free delivery. Shop B sells it for ₹270 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
- 39.How many notes of ₹50 make ₹500?
- 40.After 50% off, a cricket bat costs ₹250. What was the price before the sale (in ₹)?
Answer key
- Offer 2
- 18
- 33
- Shop B
- 21.5
- 40
- Need
- 6
- 3
- 1950
- 370
- 9
- 115
- 35
- 100
- eraser
- 30
- 120
- 1000
- 950
- 165
- 650
- 5.5
- 23100
- Shop A
- 80
- 3.5
- 58
- 500-rupee note
- 125
- Profit
- 32
- 19
- 320
- 350
- 85
- 1650
- 50
- 10
- 500
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids