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 jacket costs ₹220. Offer 1: 10% off. Offer 2: ₹60 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 2.Isha has 4 notes of ₹50, 2 notes of ₹10 and 2 coins of ₹2. How many rupees does Isha have?
- 3.How many plates of idli can you buy with ₹400 if one costs ₹40?
- 4.Pooja has 1 note of ₹50 and 3 notes of ₹20. How many rupees does Pooja have?
- 5.5 friends run a stall selling cupcakes and make a profit of ₹800. They share it equally. How many rupees does each friend get?
- 6.Ishaan makes 3 clay diyas an hour and sells each one for ₹30. How many rupees can Ishaan earn from 1 hour of work?
- 7.A day trip costs ₹3710 in all. 7 friends share the cost equally. How much does each friend pay (in ₹)?
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8.Price list: balloon ₹9, kite ₹12, sharpener ₹4, samosa ₹16.
How much do 5 sharpeners cost (in ₹)? - 9.Gurpreet has 6 coins of ₹5. Rohan has 6 notes of ₹100. How many more rupees does Rohan have?
- 10.Zoya buys a lunch box (₹220), a pair of socks (₹70), a plate of idli (₹40) and a cricket ball (₹115). What is the total (in ₹)?
- 11.Rahul has 9 coins of ₹1. How many rupees does Rahul have?
- 12.A 2 kg bag of dal costs ₹290. A 1 kg bag costs ₹103. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
- 13.₹12 + ₹40 + ₹13 =
- 14.₹960 − ₹860 =
- 15.What do 2 plates of idli at ₹40 each and 4 notebooks at ₹30 each cost in all (in ₹)?
- 16.Saanvi buys an eraser for ₹4 and a sticker sheet for ₹11. How many rupees does Saanvi spend in all?
- 17.An eraser costs ₹2. Rohan pays ₹10. How much change does Rohan get (in ₹)?
- 18.Sneha spends ₹130 on things to make 30 cups of lemonade and sells them all at ₹5 each. How many rupees does Sneha earn after paying the costs?
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19.Price list: sticker sheet ₹6, kite ₹25, samosa ₹15, juice box ₹20.
How much do 3 samosas cost (in ₹)? - 20.Shop A sells 2 notebooks for ₹110. Shop B sells 6 notebooks for ₹180. Which shop is cheaper for one notebook? (a) Shop B (b) Shop A
- 21.Joseph has 2 coins of ₹5 and 3 coins of ₹1. How many rupees does Joseph have?
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22.Isha’s passbook:
Opening balance: ₹3700
Credit (money in): ₹600
Debit (money out): ₹?
Closing balance: ₹50
How many rupees was the debit? - 23.Pooja has ₹200. In a piggy bank it stays ₹200. In a bank at 5% simple interest per year, how many rupees more will Pooja have after 4 years?
- 24.A dozen (12) pencils cost ₹60. What does one cost (in ₹)?
- 25.Riya has 2 notes of ₹100 and 5 notes of ₹10. How many rupees does Riya have?
- 26.Tara’s mother scans a shop’s QR code to pay ₹5000. What should she check before she pays? (a) The colour of the code (b) Nothing, just pay (c) The name of the shop
- 27.Lakshmi buys 3 samosas at ₹16 each and pays with a ₹500 note. How much change does Lakshmi get (in ₹)?
- 28.One mango costs ₹35. How much do 7 mangoes cost (in ₹)?
- 29.How many notes of ₹100 make ₹900?
- 30.Shop A sells 5 pens for ₹85. Shop B sells 4 pens for ₹48. What does one pen cost at the cheaper shop (in ₹)?
- 31.Aarav has ₹5. A sharpener costs ₹6. Does Aarav have enough money to buy it? (a) No (b) Yes
- 32.One lunch box costs ₹225. How much do 3 lunch boxes cost (in ₹)?
- 33.A lunch box costs ₹285 online. Delivery is ₹50 and a coupon takes ₹10 off. What is the final price (in ₹)?
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34.Price list: sticker sheet ₹9, pencil ₹3, crayon box ₹45, balloon ₹8.
Which item costs the most? (a) pencil (b) crayon box (c) sticker sheet (d) balloon - 35.Sneha is making a shopping list. Which of these is a need? (a) designer sunglasses (b) vegetables (c) a video game (d) a new party dress
- 36.A dozen (12) pencils cost ₹96. What does one cost (in ₹)?
- 37.Lakshmi buys a samosa for ₹14 and an eraser for ₹3. How many rupees does Lakshmi spend in all?
- 38.How many paise are there in ₹5.50?
- 39.How many notes of ₹50 make ₹450?
- 40.Isha has 9 notes of ₹20. Gurpreet has 5 coins of ₹5. How many more rupees does Isha have?
Answer key
- Offer 2
- 224
- 10
- 110
- 160
- 90
- 530
- 20
- 570
- 445
- 9
- 1 kg bag
- 65
- 100
- 200
- 15
- 8
- 20
- 45
- Shop B
- 13
- 4250
- 40
- 5
- 250
- The name of the shop
- 452
- 245
- 9
- 12
- No
- 675
- 325
- crayon box
- vegetables
- 8
- 17
- 550
- 9
- 155
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids