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.For Meera, is “toothpaste” a need or a want? (a) Want (b) Need
- 2.Diya spends ₹60 to start a stall and sells each paper bookmark for ₹25. What is the smallest number Diya must sell to get back the ₹60?
- 3.A study lamp costs ₹120. The shop gives 10% off. What is the sale price (in ₹)?
- 4.Tara is making a shopping list. Which of these is a want? (a) bus fare to school (b) sweets every day (c) medicine when ill (d) toothpaste
- 5.₹420 − ₹390 =
- 6.Joseph buys a ruler for ₹10 and a kite for ₹11. How many rupees does Joseph spend in all?
- 7.Shop A sells a badminton racket for ₹355 with free delivery. Shop B sells it for ₹560 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
- 8.Priya has 4 coins of ₹1. Farhan has 5 notes of ₹20. Who has less money? (a) Priya (b) Farhan
- 9.Zoya has 5 coins of ₹2. Kabir has 7 notes of ₹20. How many more rupees does Kabir have?
- 10.6 mangoes cost ₹150. What does one mango cost (in ₹)?
- 11.5 cricket balls cost ₹525. How much do 2 cricket balls cost (in ₹)?
- 12.After 10% off, a football costs ₹180. What was the price before the sale (in ₹)?
- 13.Priya has ₹550. First Priya pays for needs: a water bottle (₹90) and socks (₹120). How many rupees are left for wants?
- 14.3 friends run a stall selling friendship bands and make a profit of ₹750. They share it equally. How many rupees does each friend get?
- 15.1800 paise is how many rupees? =
- 16.1700 paise is how many rupees? =
- 17.A glue stick costs ₹17. Rohan pays ₹20. How much change does Rohan get (in ₹)?
- 18.Dev got ₹60 in 4 weeks, the same amount every week. How many rupees is that each week?
- 19.Shop A sells 6 cricket balls for ₹750. Shop B sells 5 cricket balls for ₹750. Which shop is cheaper for one cricket ball? (a) Shop B (b) Shop A
- 20.Manav wants to save ₹240 for an art kit in 3 weeks, the same amount each week. How many rupees must Manav save each week?
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21.Price list: banana ₹8, sticker sheet ₹10, kite ₹17, notebook ₹40.
How many rupees more does a notebook cost than a kite? - 22.Shop A sells a school bag for ₹455 with free delivery. Shop B sells it for ₹485 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 23.Ishaan has ₹400. First Ishaan pays for needs: a lunch box (₹80) and notebooks (₹120). How many rupees are left for wants?
- 24.Kavya has ₹300 for a picnic. Food costs ₹120 and tickets cost ₹90. Is ₹300 enough? (a) No (b) Yes
- 25.Of a ₹12000 monthly budget, 10% goes on electricity and 20% on food. The rest is saved. What percent is saved?
- 26.Shop A sells 5 pens for ₹115. Shop B sells 6 pens for ₹84. Which shop is cheaper for one pen? (a) Shop B (b) Shop A
- 27.Farhan got ₹60 in 3 weeks, the same amount every week. How many rupees is that each week?
- 28.Which coins and notes make exactly ₹107? (a) 100 + 50 + 5 (b) 100 + 100 + 5 (c) 100 + 5 + 2
- 29.Saanvi gets ₹21 every day. How many rupees is that in one week (7 days)?
- 30.How many ₹20 notes make a ₹200 note?
- 31.Count up to find the change from ₹500: ₹281 + ₹? = ₹500
- 32.A school bag costs ₹620 online. Delivery is ₹70 and a coupon takes ₹40 off. What is the final price (in ₹)?
- 33.₹290 + ₹110 =
- 34.Riya has 5 coins of ₹20. How many rupees does Riya have?
- 35.Shop A sells a school bag for ₹575 with free delivery. Shop B sells it for ₹785 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
- 36.A stall pays ₹7 for each clay diya and sells each one for ₹8. It sells 14 clay diyas. What is the total profit (in ₹)?
- 37.Manav has one ₹2 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 38.After 50% off, a board game costs ₹250. What was the price before the sale (in ₹)?
- 39.12 children go on a school trip to the science park. The bus costs ₹30 for each child and the ticket costs ₹20 for each child. What is the total cost (in ₹)?
- 40.₹250 − ₹180 =
Answer key
- Need
- 3
- 108
- sweets every day
- 30
- 21
- 275
- Priya
- 130
- 25
- 210
- 200
- 340
- 250
- 18
- 17
- 3
- 15
- Shop A
- 80
- 23
- Shop A
- 200
- Yes
- 70
- Shop B
- 20
- 100 + 5 + 2
- 147
- 10
- 219
- 650
- 400
- 100
- 250
- 14
- Coin
- 500
- 600
- 70
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids