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.Arjun has one ₹2 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 2.A stranger asks Nisha to scan a QR code to “get” ₹25000. What is true? (a) Scanning a QR pays money (b) It gives you money (c) QR codes are always safe
- 3.31 children go on a school trip to the fort. The bus costs ₹80 for each child and the ticket costs ₹15 for each child. What is the total cost (in ₹)?
- 4.Which is worth the least: a ₹500 note, a ₹10 note or a ₹20 coin? (a) 500-rupee note (b) 20-rupee coin (c) 10-rupee note
- 5.Kavya wants a storybook set that costs ₹485, has ₹100 already and saves ₹60 every week. In how many weeks will Kavya have enough?
- 6.₹20 + ₹? + ₹50 = ₹80
- 7.Arjun is making a shopping list. Which of these is a need? (a) a bigger TV (b) school shoes (c) a sticker album (d) a fancy phone cover
- 8.3 geometry boxes cost ₹285. What does one geometry box cost (in ₹)?
- 9.One colour pencil set costs ₹70. How much do 6 colour pencil sets cost (in ₹)?
- 10.Vivaan has 8 notes of ₹50. Nisha has 3 coins of ₹2. Who has less money? (a) Vivaan (b) Nisha
- 11.How many plates of idli can you buy with ₹330 if one costs ₹30?
- 12.A family plans ₹47000 for the month. 5% of it is for travel. How many rupees is that?
- 13.There are 32 children in a class. Each child needs one mango at ₹20. What is the total cost (in ₹)?
- 14.10 samosas cost ₹140. What does one samosa cost (in ₹)?
- 15.Rahul wants an art kit that costs ₹200, has ₹70 already and saves ₹50 every week. In how many weeks will Rahul have enough?
- 16.Arjun buys 2 sharpeners at ₹8 each and pays ₹20. How much change does Arjun get (in ₹)?
- 17.Nisha saves ₹60 every week for 7 weeks, then buys a cricket bat for ₹50. How many rupees are left?
- 18.Tara’s class stall spends ₹480 to make 40 cupcakes and sells all of them at ₹15 each. What is the profit (in ₹)?
- 19.₹26 − ₹7 =
- 20.Zoya keeps ₹1900 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
- 21.Dev has ₹15. An ice candy costs ₹15. Does Dev have enough money to buy it? (a) Yes (b) No
- 22.Meera spends ₹180 on things to make 17 cups of lemonade and sells them all at ₹15 each. How many rupees does Meera earn after paying the costs?
- 23.Of a ₹5000 monthly budget, 30% goes on electricity and 50% on clothes. The rest is saved. What percent is saved?
- 24.How many ₹1 coins make a ₹5 coin?
- 25.Riya keeps ₹600 in a bank at 6% simple interest per year. How much money will there be after 3 years (in ₹)?
- 26.How many coins of ₹5 does Manav need to make ₹50?
- 27.Isha’s piggy bank has 1 coin of ₹10, 1 coin of ₹5 and 1 coin of ₹1. How many rupees are in it?
- 28.What do 2 pairs of socks at ₹90 each and 3 notebooks at ₹35 each cost in all (in ₹)?
- 29.Meera buys a water bottle for ₹175 and a pen for ₹15, and pays with a ₹500 note. How much change does Meera get (in ₹)?
- 30.How many coins of ₹2 does Rohan need to make ₹14?
- 31.Count up to find the change from ₹50: ₹24 + ₹? = ₹50
- 32.Riya’s class stall spends ₹700 to make 32 greeting cards and sells all of them at ₹20 each. What is the loss (in ₹)?
- 33.Ananya has 3 coins of ₹1. Kavya has 3 notes of ₹100. How many more rupees does Kavya have?
- 34.Priya spends ₹150 of ₹600 pocket money on books. What percent is that?
- 35.Diya has 2 coins of ₹5. Nisha has 6 notes of ₹10. Who has less money? (a) Diya (b) Nisha
- 36.8 colour pencil sets cost ₹640. What does one colour pencil set cost (in ₹)?
- 37.Vivaan’s class stall spends ₹350 to make 32 cups of lemonade and sells all of them at ₹10 each. What is the loss (in ₹)?
- 38.A 10 kg bag of sugar costs ₹400. A 1 kg bag costs ₹49. Which bag is cheaper per kg? (a) 1 kg bag (b) 10 kg bag
- 39.Kabir sells 11 cupcakes at ₹10 each. How many rupees does Kabir get?
- 40.Saanvi spends ₹110 to start a stall and sells each plate of bhel for ₹10. What is the smallest number Saanvi must sell to get back the ₹110?
Answer key
- Coin
- Scanning a QR pays money
- 2945
- 10-rupee note
- 7
- 10
- school shoes
- 95
- 420
- Nisha
- 11
- 2350
- 640
- 14
- 3
- 4
- 370
- 120
- 19
- 380
- Yes
- 75
- 20
- 5
- 708
- 10
- 16
- 285
- 310
- 7
- 26
- 60
- 297
- 25
- Diya
- 80
- 30
- 10 kg bag
- 110
- 11
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids