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.₹25 + ₹7 + ₹24 =
- 2.4 friends run a stall selling greeting cards and make a profit of ₹1560. They share it equally. How many rupees does each friend get?
- 3.One paper clip costs ₹2.50. How many rupees do 6 paper clips cost? =
- 4.There are 40 children in a class. Each child needs one mango at ₹25. What is the total cost (in ₹)?
- 5.The bill for a badminton racket and a colour pencil set is ₹585. A badminton racket costs ₹480. What does the colour pencil set cost (in ₹)?
- 6.Riya spends ₹120 of ₹300 pocket money on books. What percent is that?
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7.Price list: glue stick ₹22, notebook ₹40, toffee ₹3, sharpener ₹4.
Joseph has ₹50 and buys a glue stick. How many rupees are left? - 8.What is the smallest number of coins and notes that make ₹146?
- 9.₹1600 earns 7% simple interest per year. In how many years will the interest be ₹448?
- 10.Ishaan’s piggy bank has 5 coins of ₹20, 2 coins of ₹10 and 1 coin of ₹5. How many rupees are in it?
- 11.Of a ₹34000 monthly budget, 5% goes on food and 10% on travel. The rest is saved. What percent is saved?
- 12.Aditya buys 2 sticker sheets at ₹10 each and pays ₹50. How much change does Aditya get (in ₹)?
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13.Joseph’s passbook:
Opening balance: ₹2500
Credit (money in): ₹250
Debit (money out): ₹1100
What is the balance now (in ₹)? -
14.Price list: notebook ₹35, balloon ₹9, sticker sheet ₹7, toffee ₹1.
Which item costs the most? (a) notebook (b) balloon (c) toffee (d) sticker sheet - 15.Saanvi has 9 notes of ₹100. How many rupees does Saanvi have?
- 16.Shop A sells 6 samosas for ₹102. Shop B sells 3 samosas for ₹54. Which shop is cheaper for one samosa? (a) Shop A (b) Shop B
- 17.₹35 − ₹15 =
- 18.A stall pays ₹6 for each clay diya and sells each one for ₹14. It sells 38 clay diyas. What is the total profit (in ₹)?
- 19.10 samosas cost ₹150. How much do 2 samosas cost (in ₹)?
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20.Lakshmi’s passbook:
Opening balance: ₹2000
Credit: ₹450
Debit: ₹150
Debit: ₹250
Credit: ₹350
What is the total of all the credits (in ₹)? - 21.Nisha sells 15 clay diyas at ₹15 each. How many rupees does Nisha get?
- 22.A toy train costs ₹780. Offer 1: 20% off. Offer 2: ₹10 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 23.₹50 + ₹31 =
- 24.A dozen (12) bangles cost ₹144. What does one cost (in ₹)?
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25.Saanvi’s shop bill:
1 storybook at ₹175
4 geometry boxes at ₹145 each
1 school bag at ₹480
What is the total bill (in ₹)? - 26.Zoya has 2 coins of ₹10 and 4 coins of ₹20. How many rupees does Zoya have?
- 27.What is the smallest number of coins and notes that make ₹192?
- 28.Diya gets ₹25 pocket money every week. How many rupees is that in 5 weeks?
- 29.Pooja has 1 note of ₹200, 1 note of ₹10 and 3 coins of ₹5. How many rupees does Pooja have?
- 30.Rohan has one ₹2 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 31.₹35 − ₹11 =
- 32.For Kavya, is “a new party dress” a need or a want? (a) Need (b) Want
- 33.Kabir buys 3 sharpeners at ₹4 each and pays ₹20. How much change does Kabir get (in ₹)?
- 34.A toffee costs ₹3. Dev pays ₹10. How much change does Dev get (in ₹)?
- 35.₹45 + ₹17 =
- 36.Kabir wants a cricket bat that costs ₹900. Kabir saves ₹100 every week. How many weeks will it take?
- 37.Priya has a budget of ₹500 for a birthday party. The cake cost ₹40, the return gifts cost ₹50 and the decorations cost ₹90. How many rupees are left?
- 38.Arjun has ₹550. First Arjun pays for needs: a raincoat (₹110) and school shoes (₹140). How many rupees are left for wants?
- 39.Shop A sells 2 colour pencil sets for ₹200. Shop B sells 5 colour pencil sets for ₹475. What does one colour pencil set cost at the cheaper shop (in ₹)?
- 40.Kabir has 4 coins of ₹20. How many rupees does Kabir have?
Answer key
- 56
- 390
- 15
- 1000
- 105
- 40
- 28
- 5
- 4
- 125
- 85
- 30
- 1650
- notebook
- 900
- Shop A
- 20
- 304
- 30
- 800
- 225
- Offer 1
- 81
- 12
- 1235
- 100
- 5
- 125
- 225
- Coin
- 24
- Want
- 8
- 7
- 62
- 9
- 320
- 300
- 95
- 80
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids