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 stall pays ₹2 for each clay diya and sells each one for ₹12. It sells 36 clay diyas. What is the total profit (in ₹)?
- 2.One storybook costs ₹185. How much do 3 storybooks cost (in ₹)?
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3.Price list: pencil ₹7, eraser ₹2, crayon box ₹45, glue stick ₹15.
How much do 3 crayon boxes cost (in ₹)? - 4.Karan’s mother has ₹1200 in her bank account. She pays ₹120 for fruit and ₹230 for medicines by UPI. How many rupees are left in the account?
- 5.A study lamp costs ₹260. The shop gives 10% off. What is the sale price (in ₹)?
- 6.Which is worth the least: a ₹2 coin, a ₹1 coin or a ₹5 coin? (a) 1-rupee coin (b) 2-rupee coin (c) 5-rupee coin
- 7.5 footballs cost ₹1550. What does one football cost (in ₹)?
- 8.₹200 earns 9% simple interest per year. In how many years will the interest be ₹54?
- 9.A raincoat costs ₹960. Offer 1: 10% off. Offer 2: ₹460 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 10.Dev has 4 coins of ₹2 and 2 coins of ₹1. How many rupees does Dev have?
- 11.One crayon box costs ₹30. A pack of 3 crayon boxes costs ₹86. How many rupees do you save by buying the pack instead of 3 single ones?
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12.Isha’s passbook:
Opening balance: ₹4400
Credit: ₹50
Credit: ₹250
Debit: ₹350
Credit: ₹150
What is the total of all the debits (in ₹)? - 13.Diya keeps ₹1200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
- 14.Isha is making a shopping list. Which of these is a want? (a) medicine when ill (b) a schoolbag (c) designer sunglasses (d) soap
- 15.A crayon box costs ₹40 and a notebook costs ₹45. How many rupees more does the notebook cost?
- 16.Which is the biggest amount: ₹33, ₹11 or ₹19? (a) 19 rupees (b) 11 rupees (c) 33 rupees
- 17.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?
- 18.What is the smallest number of coins and notes that make ₹24?
- 19.The bill for a football and a mango is ₹420. A football costs ₹385. What does the mango cost (in ₹)?
- 20.Manav spends ₹60 on things to make 26 clay diyas and sells them all at ₹5 each. How many rupees does Manav earn after paying the costs?
- 21.Gurpreet keeps ₹300 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
- 22.Which is the same money as one ₹100 note? (a) six 50-rupee notes (b) four 50-rupee notes (c) two 50-rupee notes
- 23.Count up to find the change from ₹50: ₹20 + ₹? = ₹50
- 24.How many notes of ₹20 make ₹80?
- 25.Karan has 1 note of ₹20 and 4 notes of ₹10. How many rupees does Karan have?
- 26.A day trip costs ₹4560 in all. 8 friends share the cost equally. How much does each friend pay (in ₹)?
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27.Diya’s passbook:
Opening balance: ₹4600
Credit: ₹50
Credit: ₹200
Debit: ₹250
Debit: ₹100
What is the total of all the debits (in ₹)? - 28.A stall pays ₹14 for each plate of bhel and sells each one for ₹16. It sells 34 plates of bhel. What is the total profit (in ₹)?
- 29.How many paise are there in ₹7.50?
- 30.The bill for 3 pairs of socks and a school bag is ₹755. A pair of socks costs ₹55. What does the school bag cost (in ₹)?
- 31.Farhan spends ₹280 on things to make 25 paper bookmarks and sells them all at ₹20 each. How many rupees does Farhan earn after paying the costs?
- 32.₹5 + ₹? + ₹100 = ₹106
- 33.Which coins and notes make exactly ₹155? (a) 100 + 50 + 10 (b) 100 + 50 + 5 (c) 100 + 5 + 2
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34.Price list: glue stick ₹23, pencil ₹4, sticker sheet ₹11, sharpener ₹7.
Which item costs the most? (a) pencil (b) sticker sheet (c) glue stick (d) sharpener - 35.Shop A sells 3 pens for ₹45. Shop B sells 5 pens for ₹110. Which shop is cheaper for one pen? (a) Shop B (b) Shop A
- 36.Sneha had ₹43. Sneha spent ₹30 on a juice box. How many rupees are left?
- 37.Lakshmi has ₹640 for return gifts. Each gift costs ₹25. What is the greatest number of gifts Lakshmi can buy?
- 38.₹1700 earns 6% simple interest per year. In how many years will the interest be ₹306?
- 39.Gurpreet saves ₹30 every week for 10 weeks, then buys a football for ₹160. How many rupees are left?
- 40.Which coins and notes make exactly ₹121? (a) 100 + 20 + 20 (b) 100 + 20 + 1 (c) 100 + 20 + 10
Answer key
- 360
- 555
- 135
- 850
- 234
- 1-rupee coin
- 310
- 3
- Offer 2
- 10
- 4
- 350
- 36
- designer sunglasses
- 5
- 33 rupees
- 1
- 3
- 35
- 70
- 120
- two 50-rupee notes
- 30
- 4
- 60
- 570
- 350
- 68
- 750
- 590
- 220
- 1
- 100 + 50 + 5
- glue stick
- Shop A
- 13
- 25
- 3
- 140
- 100 + 20 + 1
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids