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.The bill for a badminton racket and a storybook is ₹450. A badminton racket costs ₹345. What does the storybook cost (in ₹)?
- 2.Aarav has 8 coins of ₹1. Ishaan has 5 notes of ₹50. How many more rupees does Ishaan have?
- 3.A dozen (12) guavas cost ₹60. What does one cost (in ₹)?
- 4.Manav spends ₹70 on things to make 28 cups of lemonade and sells them all at ₹5 each. How many rupees does Manav earn after paying the costs?
- 5.Diya got ₹195 in 3 weeks, the same amount every week. How many rupees is that each week?
- 6.Gurpreet has 9 coins of ₹20. How many rupees does Gurpreet have?
- 7.How many notes of ₹200 make ₹600?
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8.Price list: balloon ₹8, sticker sheet ₹9, sharpener ₹6, eraser ₹3.
Rohan has ₹50 and buys an eraser. How many rupees are left? - 9.₹3 + ₹3.50 =
- 10.Lakshmi spends ₹260 to start a stall and sells each paper bookmark for ₹20. What is the smallest number Lakshmi must sell to get back the ₹260?
- 11.Arjun buys a samosa for ₹17 and a sharpener for ₹7, and pays ₹50. How much change does Arjun get (in ₹)?
- 12.₹87 − ₹85 =
- 13.Kabir had ₹90. Kabir spent ₹4 on an eraser. How many rupees are left?
- 14.Riya has ₹300 for a picnic. Food costs ₹50 and tickets cost ₹350. Is ₹300 enough? (a) Yes (b) No
- 15.Which is the smallest amount: ₹15, ₹22 or ₹69? (a) 22 rupees (b) 69 rupees (c) 15 rupees
- 16.Rahul has 9 coins of ₹10. How many rupees does Rahul have?
- 17.₹230 − ₹50 =
- 18.A pen costs ₹7.50. Aditya pays ₹10. How much change does Aditya get, in rupees? =
- 19.₹19 + ₹30 + ₹40 =
- 20.₹38 + ₹38 + ₹11 =
- 21.Kabir keeps ₹200 in a bank. After 2 years the simple interest is ₹36. What is the rate of interest per year (in %)?
- 22.Diya’s piggy bank has 5 coins of ₹20, 4 coins of ₹2 and 2 coins of ₹1. How many rupees are in it?
- 23.₹85 − ₹78 =
- 24.Manav has ₹400. In a piggy bank it stays ₹400. In a bank at 10% simple interest per year, how many rupees more will Manav have after 1 year?
- 25.₹11.50 − ₹8 =
- 26.Gurpreet sells 35 clay diyas at ₹5 each. How many rupees does Gurpreet get?
- 27.Aarav gets ₹250 pocket money every month. How many rupees is that in one year (12 months)?
- 28.A family plans ₹46000 for the month. 25% of it is for school fees. How many rupees is that?
- 29.Priya buys a plate of idli for ₹45 and a lunch box for ₹155, and pays with a ₹500 note. How much change does Priya get (in ₹)?
- 30.Farhan’s mother has ₹3000 in her bank account. She pays ₹390 for vegetables and ₹310 for school books by UPI. How many rupees are left in the account?
- 31.Karan has 2 coins of ₹5 and 3 coins of ₹20. How many rupees does Karan have?
- 32.Ishaan buys 2 sharpeners at ₹7 each and pays ₹20. How much change does Ishaan get (in ₹)?
- 33.A 10 kg bag of rice costs ₹780. A 5 kg bag costs ₹320. Which bag is cheaper per kg? (a) 5 kg bag (b) 10 kg bag
- 34.Lakshmi has ₹1300. In a piggy bank it stays ₹1300. In a bank at 4% simple interest per year, how many rupees more will Lakshmi have after 5 years?
- 35.A cricket bat costs ₹320. Offer 1: 50% off. Offer 2: ₹80 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 36.Gurpreet has a budget of ₹1000 for a birthday party. The decorations cost ₹190, the balloons cost ₹190 and the juice cost ₹90. How many rupees are left?
- 37.₹7 − ₹0.50 =
- 38.2 friends run a stall selling cupcakes and make a profit of ₹460. They share it equally. How many rupees does each friend get?
- 39.Pooja buys a pencil for ₹6 and a biscuit packet for ₹17. How many rupees does Pooja spend in all?
- 40.Tara buys 2 mangoes at ₹25 each and pays with a ₹500 note. How much change does Tara get (in ₹)?
Answer key
- 105
- 242
- 5
- 70
- 65
- 180
- 3
- 47
- 6.5
- 13
- 26
- 2
- 86
- No
- 15 rupees
- 90
- 180
- 2.5
- 89
- 87
- 9
- 110
- 7
- 40
- 3.5
- 175
- 3000
- 11500
- 300
- 2300
- 70
- 6
- 5 kg bag
- 260
- Offer 1
- 530
- 6.5
- 230
- 23
- 450
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids