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
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1.Price list: kite ₹19, toffee ₹2, notebook ₹45, ice candy ₹13.
How many rupees more does a kite cost than an ice candy? - 2.What is the smallest number of coins and notes that make ₹113?
- 3.₹1400 earns 2% simple interest per year. In how many years will the interest be ₹112?
- 4.Sneha buys 4 sticker sheets at ₹10 each and pays ₹50. How much change does Sneha get (in ₹)?
- 5.Shop A sells 6 pairs of socks for ₹450. Shop B sells 5 pairs of socks for ₹400. What does one pair of socks cost at the cheaper shop (in ₹)?
- 6.A toffee costs ₹2 and an eraser costs ₹3. How many rupees more does the eraser cost?
- 7.Farhan gets ₹25 pocket money every week. How many rupees is that in 2 weeks?
- 8.Manav buys a mango for ₹25 and a badminton racket for ₹370, and pays with a ₹500 note. How much change does Manav get (in ₹)?
- 9.Manav has a budget of ₹2000 for a birthday party. The balloons cost ₹330, the snacks cost ₹480 and the cake cost ₹200. How many rupees are left?
- 10.Aditya has one ₹500 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 11.A 5 kg bag of rice costs ₹240. A 1 kg bag costs ₹74. How many rupees per kg do you save with the cheaper bag?
- 12.Priya’s class stall spends ₹970 to make 38 clay diyas and sells all of them at ₹25 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
- 13.Ishaan has a budget of ₹500 for a birthday party. The return gifts cost ₹60, the balloons cost ₹110 and the cake cost ₹40. How many rupees are left?
- 14.₹300 earns 4% simple interest per year. In how many years will the interest be ₹36?
- 15.Tara keeps ₹1100 in a bank. After 1 year the simple interest is ₹77. What is the rate of interest per year (in %)?
- 16.A toffee costs ₹3 and a ruler costs ₹13. How many rupees more does the ruler cost?
- 17.Kavya wants a bicycle that costs ₹3580, has ₹1090 already and saves ₹400 every week. In how many weeks will Kavya have enough?
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18.Price list: balloon ₹9, glue stick ₹16, sharpener ₹5, toffee ₹3.
How much do a balloon and a glue stick cost together (in ₹)? - 19.Zoya buys 5 balloons at ₹8 each and pays ₹50. How much change does Zoya get (in ₹)?
- 20.Vivaan buys an ice candy for ₹11 and a glue stick for ₹19, and pays ₹50. How much change does Vivaan get (in ₹)?
- 21.Kabir keeps ₹100 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?
- 22.Tara wants a wristwatch that costs ₹1125, has ₹520 already and saves ₹90 every week. In how many weeks will Tara have enough?
- 23.A dozen (12) bangles cost ₹168. What does one cost (in ₹)?
- 24.Saanvi makes 4 clay diyas an hour and sells each one for ₹5. How many rupees can Saanvi earn from 1 hour of work?
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25.Aditya’s passbook:
Opening balance: ₹3600
Credit: ₹350
Credit: ₹400
Debit: ₹400
Credit: ₹150
What is the closing balance (in ₹)? - 26.How many paise are there in ₹3.50?
- 27.Shop A sells 2 cricket balls for ₹280. Shop B sells 3 cricket balls for ₹360. What does one cricket ball cost at the cheaper shop (in ₹)?
- 28.Karan has one ₹100 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 29.A packet of chips costs ₹32.50. Riya pays ₹50. How much change does Riya get, in rupees? =
- 30.Ishaan wants a gift for Mum that costs ₹340. Ishaan saves ₹20 every week. How many weeks will it take?
- 31.Which is worth more: a ₹2 coin or a ₹50 note? (a) 2-rupee coin (b) 50-rupee note
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32.Price list: crayon box ₹40, ruler ₹12, juice box ₹30, notebook ₹35.
How many rupees more does a crayon box cost than a juice box? - 33.Karan is making a shopping list. Which of these is a want? (a) vegetables (b) bus fare to school (c) a new party dress (d) notebooks for school
- 34.Arjun gets ₹150 pocket money every month. How many rupees is that in one year (12 months)?
- 35.Pooja buys a notebook for ₹30 and pays with a ₹100 note. How much change does Pooja get (in ₹)?
- 36.Kabir has 1 note of ₹500 and 3 notes of ₹10. How many rupees does Kabir have?
- 37.A water bottle costs ₹680. The shop gives 50% off. What is the sale price (in ₹)?
- 38.Karan’s class stall spends ₹425 to make 13 paper bookmarks and sells all of them at ₹25 each. What is the loss (in ₹)?
- 39.Lakshmi wants to save ₹350 for a board game in 5 weeks, the same amount each week. How many rupees must Lakshmi save each week?
- 40.A pair of shoes costs ₹280. The shop gives 10% off. What is the sale price (in ₹)?
Answer key
- 6
- 4
- 4
- 10
- 75
- 1
- 50
- 105
- 990
- Note
- 26
- Loss
- 290
- 3
- 7
- 10
- 7
- 25
- 10
- 20
- 6
- 7
- 14
- 20
- 4100
- 350
- 120
- Note
- 17.5
- 17
- 50-rupee note
- 10
- a new party dress
- 1800
- 70
- 530
- 340
- 100
- 70
- 252
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids