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.Aarav keeps ₹200 in a bank. After 2 years the simple interest is ₹24. What is the rate of interest per year (in %)?
- 2.Tara gets ₹100 a week, spends ₹10 each week and saves the rest. How many rupees has Tara saved after 4 weeks?
- 3.Saanvi got ₹160 in 4 weeks, the same amount every week. How many rupees is that each week?
- 4.₹800 earns 6% simple interest per year. In how many years will the interest be ₹192?
- 5.Zoya wants a cricket bat that costs ₹490. Zoya saves ₹70 every week. How many weeks will it take?
- 6.₹6.50 − ₹6 =
- 7.One notebook costs ₹60. How much do 6 notebooks cost (in ₹)?
- 8.What do 3 samosas at ₹17 each and 2 cricket balls at ₹105 each cost in all (in ₹)?
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9.Tara’s passbook:
Opening balance: ₹1700
Credit (money in): ₹100
Debit (money out): ₹1500
What is the balance now (in ₹)? - 10.Which is worth more: a ₹20 coin or a ₹2 coin? (a) 2-rupee coin (b) 20-rupee coin
- 11.Tara’s class stall spends ₹470 to make 31 plates of bhel and sells all of them at ₹30 each. What is the profit (in ₹)?
- 12.Arjun had ₹37. Arjun spent ₹20 on a juice box. How many rupees are left?
- 13.Priya keeps ₹1500 in a bank. After 5 years the simple interest is ₹375. What is the rate of interest per year (in %)?
- 14.Which coins and notes make exactly ₹122? (a) 100 + 50 + 20 (b) 100 + 20 + 2 (c) 100 + 50 + 2
- 15.Manav’s class stall spends ₹200 to make 11 cupcakes and sells all of them at ₹10 each. What is the loss (in ₹)?
- 16.Which is the smallest amount: ₹66, ₹34 or ₹28? (a) 66 rupees (b) 34 rupees (c) 28 rupees
- 17.Isha wants a storybook set that costs ₹445, has ₹210 already and saves ₹30 every week. In how many weeks will Isha have enough?
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18.Rahul’s passbook:
Opening balance: ₹3600
Credit (money in): ₹850
Debit (money out): ₹2750
What is the balance now (in ₹)? - 19.Pooja got ₹200 in 2 weeks, the same amount every week. How many rupees is that each week?
- 20.The bill for 3 pens and a badminton racket is ₹635. A pen costs ₹15. What does the badminton racket cost (in ₹)?
- 21.A sharpener costs ₹7. Tara pays ₹10. How much change does Tara get (in ₹)?
- 22.Isha buys 6 pens at ₹11 each and pays with a ₹200 note. How much change does Isha get (in ₹)?
- 23.A football costs ₹375 online. Delivery is ₹60 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 24.Farhan keeps ₹2000 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
- 25.Which is the same money as one ₹10 note? (a) three 2-rupee coins (b) two 2-rupee coins (c) five 2-rupee coins
- 26.Isha is making a shopping list. Which of these is a want? (a) a fancy phone cover (b) notebooks for school (c) bus fare to school (d) school shoes
- 27.A stall pays ₹18 for each cupcake and sells each one for ₹22. It sells 19 cupcakes. What is the total profit (in ₹)?
- 28.How many notes of ₹50 make ₹400?
- 29.Count up to find the change from ₹10: ₹7 + ₹? = ₹10
- 30.Diya has 5 notes of ₹10. Ishaan has 4 coins of ₹5. Who has more money? (a) Diya (b) Ishaan
- 31.Vivaan’s class stall spends ₹200 to make 12 cups of lemonade and sells all of them at ₹30 each. What is the profit (in ₹)?
- 32.₹67 + ₹9 =
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33.Price list: banana ₹8, notebook ₹40, kite ₹20, sharpener ₹5.
Aditya has ₹100 and buys a kite. How many rupees are left? - 34.Which is the smallest amount: ₹87, ₹24 or ₹91? (a) 87 rupees (b) 24 rupees (c) 91 rupees
- 35.₹28 − ₹12 =
- 36.Pooja buys a storybook for ₹130 and a geometry box for ₹130, and pays with a ₹500 note. How much change does Pooja get (in ₹)?
- 37.How many ₹5 coins make a ₹10 coin?
- 38.Sneha’s class stall spends ₹60 to make 25 cups of lemonade and sells all of them at ₹5 each. What is the profit (in ₹)?
- 39.₹1200 earns 4% simple interest per year. In how many years will the interest be ₹240?
- 40.Karan buys 4 samosas at ₹18 each and pays with a ₹500 note. How much change does Karan get (in ₹)?
Answer key
- 6
- 360
- 40
- 4
- 7
- 0.5
- 360
- 261
- 300
- 20-rupee coin
- 460
- 17
- 5
- 100 + 20 + 2
- 90
- 28 rupees
- 8
- 1700
- 100
- 590
- 3
- 134
- 425
- 200
- five 2-rupee coins
- a fancy phone cover
- 76
- 8
- 3
- Diya
- 160
- 76
- 80
- 24 rupees
- 16
- 240
- 2
- 65
- 5
- 428
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids