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.Manav makes 5 clay diyas an hour and sells each one for ₹15. How many rupees can Manav earn from 3 hours of work?
- 2.Pooja is making a shopping list. Which of these is a need? (a) a toy robot (b) extra comic books (c) a third cricket bat (d) school shoes
- 3.One small sweet costs 50 paise. How many rupees do 4 small sweets cost? =
- 4.Manav spends ₹60 to start a stall and sells each cup of lemonade for ₹5. What is the smallest number Manav must sell to get back the ₹60?
- 5.Kavya has 2 coins of ₹1. Farhan has 6 notes of ₹50. Who has less money? (a) Kavya (b) Farhan
- 6.What do 2 water bottles at ₹175 each and 3 notebooks at ₹40 each cost in all (in ₹)?
- 7.A day trip costs ₹420 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
- 8.Isha gets ₹90 a week, spends ₹65 each week and saves the rest. How many rupees has Isha saved after 8 weeks?
- 9.Saanvi has 2 coins of ₹1. How many rupees does Saanvi have?
- 10.How many ₹10 notes make a ₹100 note?
- 11.A family plans ₹27000 for the month. 10% of it is for food. How many rupees is that?
- 12.5 pens cost ₹65. What does one pen cost (in ₹)?
- 13.A skipping rope costs ₹41. Aarav has ₹20 and ₹2. How many more rupees does Aarav need?
- 14.A dozen (12) eggs cost ₹72. What does one cost (in ₹)?
- 15.What do 5 lunch boxes at ₹235 each and 2 samosas at ₹18 each cost in all (in ₹)?
- 16.Someone online asks Tara for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) A friend at school (c) No one
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17.Arjun’s passbook:
Opening balance: ₹2600
Credit: ₹200
Credit: ₹100
Debit: ₹350
Debit: ₹500
What is the total of all the credits (in ₹)? -
18.Price list: juice box ₹25, glue stick ₹20, crayon box ₹40, sharpener ₹5.
Which item costs the most? (a) glue stick (b) sharpener (c) crayon box (d) juice box - 19.Gurpreet buys a biscuit packet for ₹15 and a glue stick for ₹17, and pays ₹50. How much change does Gurpreet get (in ₹)?
- 20.Gurpreet is making a shopping list. Which of these is a need? (a) a new party dress (b) a video game (c) a fancy phone cover (d) notebooks for school
- 21.350 paise is how many rupees? =
- 22.3 friends run a stall selling clay diyas and make a profit of ₹780. They share it equally. How many rupees does each friend get?
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23.Price list: notebook ₹45, biscuit packet ₹12, eraser ₹4, kite ₹18.
How many rupees more does a notebook cost than a kite? -
24.Price list: notebook ₹25, samosa ₹17, juice box ₹20, sticker sheet ₹5.
Which item costs the least? (a) juice box (b) notebook (c) samosa (d) sticker sheet - 25.Rohan had ₹26. Rohan spent ₹13 on a samosa. How many rupees are left?
- 26.Shop A sells 5 pens for ₹50. Shop B sells 2 pens for ₹42. What does one pen cost at the cheaper shop (in ₹)?
- 27.Dev is making a shopping list. Which of these is a need? (a) a new party dress (b) a warm blanket (c) a toy robot (d) designer sunglasses
- 28.Manav wants a gift for Mum that costs ₹240, has ₹110 already and saves ₹60 every week. In how many weeks will Manav have enough?
- 29.Count up to find the change from ₹50: ₹1 + ₹? = ₹50
- 30.Pooja’s mother has ₹1000 in her bank account. She pays ₹220 for a gas cylinder and ₹180 for bread by UPI. How many rupees are left in the account?
- 31.Rohan has ₹600. First Rohan pays for needs: a geometry box (₹150) and a school uniform (₹150). How many rupees are left for wants?
- 32.Ishaan gets ₹10 pocket money every week. How many rupees is that in 3 weeks?
- 33.Isha keeps ₹100 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
- 34.Which coins and notes make exactly ₹125? (a) 100 + 20 + 1 (b) 100 + 5 + 1 (c) 100 + 20 + 5
- 35.Rohan makes 3 friendship bands an hour and sells each one for ₹15. How many rupees can Rohan earn from 1 hour of work?
- 36.Gurpreet has 5 notes of ₹100. Ananya has 4 notes of ₹50. Who has more money? (a) Ananya (b) Gurpreet
- 37.One cricket ball costs ₹145. How much do 2 cricket balls cost (in ₹)?
- 38.A banana costs ₹5. Kabir pays ₹10. How much change does Kabir get (in ₹)?
- 39.Which is worth more: a ₹500 note or a ₹1 coin? (a) 500-rupee note (b) 1-rupee coin
- 40.₹800 earns 4% simple interest per year. In how many years will the interest be ₹160?
Answer key
- 225
- school shoes
- 2
- 12
- Kavya
- 470
- 140
- 200
- 2
- 10
- 2700
- 13
- 19
- 6
- 1211
- No one
- 300
- crayon box
- 18
- notebooks for school
- 3.5
- 260
- 27
- sticker sheet
- 13
- 10
- a warm blanket
- 3
- 49
- 600
- 300
- 30
- 9
- 100 + 20 + 5
- 45
- Gurpreet
- 290
- 5
- 500-rupee note
- 5
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids