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.How many cricket balls can you buy with ₹1650 if one costs ₹150?
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2.Priya’s passbook:
Opening balance: ₹1600
Credit (money in): ₹400
Debit (money out): ₹550
What is the balance now (in ₹)? - 3.Gurpreet’s class stall spends ₹455 to make 31 friendship bands and sells all of them at ₹15 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
- 4.Vivaan’s father is sending ₹50000 to a friend by UPI. What should he check before he pays? (a) Nothing at all (b) The name and amount (c) Only the phone colour
- 5.Gurpreet has 5 coins of ₹2 and 4 coins of ₹20. How many rupees does Gurpreet have?
- 6.650 paise is how many rupees? =
- 7.Dev had ₹76. Dev spent ₹7 on a banana. How many rupees are left?
- 8.There are 13 children in a class. Each child needs one plate of idli at ₹60. What is the total cost (in ₹)?
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9.Riya’s passbook:
Opening balance: ₹2900
Credit: ₹450
Debit: ₹50
Credit: ₹250
Debit: ₹400
What is the total of all the credits (in ₹)? - 10.Saanvi buys a storybook for ₹90 and pays with a ₹100 note. How much change does Saanvi get (in ₹)?
- 11.How many coins of ₹5 does Manav need to make ₹20?
- 12.A toy train costs ₹820. The shop gives 10% off. What is the sale price (in ₹)?
- 13.One tiny sticker costs ₹1.50. How many rupees do 2 tiny stickers cost? =
- 14.A pair of shoes costs ₹840. Offer 1: 10% off. Offer 2: ₹20 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 15.Manav gets ₹100 a week, spends ₹65 each week and saves the rest. How many rupees has Manav saved after 2 weeks?
- 16.Kabir buys 4 samosas at ₹18 each and pays with a ₹500 note. How much change does Kabir get (in ₹)?
- 17.Priya buys a badminton racket (₹495), a water bottle (₹205), a T-shirt (₹395) and a colour pencil set (₹70). What is the total (in ₹)?
- 18.Kavya gets ₹90 a week, spends ₹55 each week and saves the rest. How many rupees has Kavya saved after 8 weeks?
- 19.Of a ₹41000 monthly budget, 40% goes on food and 50% on school fees. The rest is saved. How many rupees are saved?
- 20.Manav has ₹8. A samosa costs ₹13. Does Manav have enough money to buy it? (a) Yes (b) No
- 21.₹900 earns 6% simple interest per year. In how many years will the interest be ₹54?
- 22.Rohan has 2 coins of ₹5. How many rupees does Rohan have?
- 23.1750 paise is how many rupees? =
- 24.Sneha has 4 notes of ₹200 and 1 note of ₹20. How many rupees does Sneha have?
- 25.₹700 earns 8% simple interest per year. In how many years will the interest be ₹280?
- 26.Lakshmi has ₹500 for a picnic. Food costs ₹140 and tickets cost ₹420. Is ₹500 enough? (a) No (b) Yes
- 27.9 colour pencil sets cost ₹585. How much do 6 colour pencil sets cost (in ₹)?
- 28.Arjun keeps ₹100 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
- 29.A pencil box costs ₹3.50. Kavya pays ₹50. How much change does Kavya get, in rupees? =
- 30.A stall pays ₹2 for each cup of lemonade and sells each one for ₹6. It sells 38 cups of lemonade. What is the total profit (in ₹)?
- 31.There are 21 children in a class. Each child needs one pen at ₹18. What is the total cost (in ₹)?
- 32.A banana costs ₹6. Vivaan pays ₹50. How much change does Vivaan get (in ₹)?
- 33.Nisha keeps ₹1200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
- 34.Tara has ₹1. A sharpener costs ₹6. Does Tara have enough money to buy it? (a) Yes (b) No
- 35.A jigsaw puzzle costs ₹86. Meera has ₹10 and ₹2. How many more rupees does Meera need?
- 36.Aditya’s class stall spends ₹820 to make 39 clay diyas and sells all of them at ₹20 each. What is the loss (in ₹)?
- 37.Priya has 2 coins of ₹5 and 2 coins of ₹1. How many rupees does Priya have?
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38.Price list: balloon ₹9, eraser ₹2, ice candy ₹8, glue stick ₹21.
How much do 2 balloons cost (in ₹)? - 39.Aarav wants to save ₹360 for a gift for Mum in 4 weeks, the same amount each week. How many rupees must Aarav save each week?
- 40.Which is worth the most: a ₹1 coin, a ₹500 note or a ₹5 coin? (a) 1-rupee coin (b) 500-rupee note (c) 5-rupee coin
Answer key
- 11
- 1450
- Profit
- The name and amount
- 90
- 6.5
- 69
- 780
- 700
- 10
- 4
- 738
- 3
- Offer 1
- 70
- 428
- 1165
- 280
- 4100
- No
- 1
- 10
- 17.5
- 820
- 5
- No
- 390
- 4
- 46.5
- 152
- 378
- 44
- 36
- No
- 74
- 40
- 12
- 18
- 90
- 500-rupee note
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids