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
- 1.5 friends run a stall selling cups of lemonade and make a profit of ₹600. They share it equally. How many rupees does each friend get?
- 2.Which is worth the least: a ₹500 note, a ₹1 coin or a ₹50 note? (a) 50-rupee note (b) 500-rupee note (c) 1-rupee coin
- 3.Saanvi sells 42 cupcakes at ₹15 each. How many rupees does Saanvi get?
- 4.How many ₹2 coins make a ₹10 note?
- 5.Priya keeps ₹800 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
- 6.Lakshmi has a budget of ₹2000 for a birthday party. The snacks cost ₹210, the cake cost ₹60 and the decorations cost ₹280. How many rupees are left?
- 7.Tara saves ₹20 every week for 6 weeks, then buys a cricket bat for ₹10. How many rupees are left?
- 8.Which is worth more: a ₹20 coin or a ₹5 coin? (a) 20-rupee coin (b) 5-rupee coin
- 9.How many ₹5 coins make a ₹10 note?
- 10.How many coins of ₹2 does Pooja need to make ₹10?
- 11.Arjun’s class stall spends ₹260 to make 13 cups of lemonade and sells all of them at ₹20 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
- 12.Rohan has ₹100. In a piggy bank it stays ₹100. In a bank at 6% simple interest per year, how many rupees more will Rohan have after 3 years?
- 13.One notebook costs ₹60. How much do 9 notebooks cost (in ₹)?
- 14.Ishaan’s class stall spends ₹230 to make 16 friendship bands and sells all of them at ₹15 each. What is the profit (in ₹)?
- 15.Aarav pays a school fee of ₹1900 from the account. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 16.Riya sees that ₹500 was sent to a wrong number by mistake. What should Riya do first? (a) Tell a parent at once (b) Keep it a secret (c) Pay again to fix it
- 17.What is the smallest number of coins and notes that make ₹136?
- 18.How many coins of ₹20 does Riya need to make ₹60?
- 19.Tara gets ₹250 pocket money every month. How many rupees is that in one year (12 months)?
- 20.Tara buys a storybook (₹90), a lunch box (₹215), a football (₹400) and a badminton racket (₹555). What is the total (in ₹)?
- 21.How many coins of ₹5 does Aarav need to make ₹15?
- 22.Manav keeps ₹500 in a bank at 5% simple interest per year. How much money will there be after 3 years (in ₹)?
- 23.₹34 + ₹29 =
- 24.A stall pays ₹10 for each clay diya and sells each one for ₹20. It sells 11 clay diyas. What is the total profit (in ₹)?
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25.Price list: pencil ₹6, eraser ₹2, glue stick ₹23, juice box ₹25.
How much do 5 juice boxes cost (in ₹)? - 26.What is the smallest number of coins and notes that make ₹139?
- 27.Arjun spends ₹60 of ₹200 pocket money on books. What percent is that?
- 28.Farhan has ₹1300. In a piggy bank it stays ₹1300. In a bank at 8% simple interest per year, how many rupees more will Farhan have after 5 years?
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29.Karan’s shop bill:
1 school bag at ₹600
1 badminton racket at ₹600
4 pairs of socks at ₹60 each
What is the total bill (in ₹)? - 30.Aarav keeps ₹200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
- 31.A family plans ₹45000 for the month. 25% of it is for food. How many rupees is that?
- 32.Farhan buys a pen for ₹13 and pays with a ₹100 note. How much change does Farhan get (in ₹)?
- 33.4 friends run a stall selling plates of bhel and make a profit of ₹1520. They share it equally. How many rupees does each friend get?
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34.Price list: toffee ₹3, balloon ₹7, banana ₹5, ice candy ₹15.
How much do a banana and a toffee cost together (in ₹)? - 35.Isha has ₹400. First Isha pays for needs: socks (₹90) and a school uniform (₹130). How many rupees are left for wants?
- 36.Ishaan wants a gift for Mum that costs ₹255, has ₹20 already and saves ₹20 every week. In how many weeks will Ishaan have enough?
- 37.₹1700 earns 3% simple interest per year. In how many years will the interest be ₹204?
- 38.Kabir has a budget of ₹1000 for a birthday party. The juice cost ₹240, the decorations cost ₹40 and the cake cost ₹120. How many rupees are left?
- 39.Arjun has ₹600 for return gifts. Each gift costs ₹40. What is the greatest number of gifts Arjun can buy?
- 40.Meera has a budget of ₹500 for a birthday party. The snacks cost ₹40, the juice cost ₹30 and the decorations cost ₹70. How many rupees are left?
Answer key
- 120
- 1-rupee coin
- 630
- 5
- 928
- 1450
- 110
- 20-rupee coin
- 2
- 5
- No profit, no loss
- 18
- 540
- 10
- Debit
- Tell a parent at once
- 5
- 3
- 3000
- 1260
- 3
- 575
- 63
- 110
- 125
- 6
- 30
- 520
- 1440
- 30
- 11250
- 87
- 380
- 8
- 180
- 12
- 4
- 600
- 15
- 360
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids