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.Aarav keeps ₹600 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
- 2.Priya spends ₹230 to start a stall and sells each cup of lemonade for ₹15. What is the smallest number Priya must sell to get back the ₹230?
- 3.Which coins and notes make exactly ₹106? (a) 100 + 5 + 1 (b) 100 + 20 + 5 (c) 100 + 2 + 1
- 4.Kabir has 3 coins of ₹5. Arjun has 5 notes of ₹100. Who has less money? (a) Kabir (b) Arjun
- 5.A day trip costs ₹1080 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
- 6.Of a ₹41000 monthly budget, 5% goes on food and 20% on school fees. The rest is saved. What percent is saved?
- 7.Lakshmi has 5 coins of ₹1. Gurpreet has 7 notes of ₹100. Who has less money? (a) Gurpreet (b) Lakshmi
- 8.Dev wants a cricket bat that costs ₹705, has ₹200 already and saves ₹20 every week. In how many weeks will Dev have enough?
- 9.What do 2 notebooks at ₹35 each and 4 samosas at ₹13 each cost in all (in ₹)?
- 10.Karan has ₹56 in a piggy bank. Chacha gives Karan ₹36 more. How many rupees does Karan have now?
- 11.How many ₹1 coins make a ₹5 coin?
- 12.Shop A sells 2 pens for ₹22. Shop B sells 6 pens for ₹150. Which shop is cheaper for one pen? (a) Shop B (b) Shop A
- 13.Gurpreet saves ₹30 every week for 11 weeks, then buys a football for ₹180. How many rupees are left?
- 14.Shop A sells 4 pens for ₹44. Shop B sells 5 pens for ₹85. What does one pen cost at the cheaper shop (in ₹)?
- 15.Manav sells 10 friendship bands at ₹15 each. How many rupees does Manav get?
- 16.A 10 kg bag of sugar costs ₹500. A 1 kg bag costs ₹44. How many rupees per kg do you save with the cheaper bag?
- 17.16 children go on a school trip to the museum. The bus costs ₹30 for each child and the ticket costs ₹10 for each child. What is the total cost (in ₹)?
- 18.Kavya keeps ₹1600 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
- 19.How many paise are there in ₹3?
- 20.Count up to find the change from ₹200: ₹73 + ₹? = ₹200
- 21.Tara buys a notebook for ₹30 and a lunch box for ₹270, and pays with a ₹500 note. How much change does Tara get (in ₹)?
- 22.Shop A sells a cricket ball for ₹100 with free delivery. Shop B sells it for ₹100 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 23.A pencil costs ₹6. Dev pays ₹20. How much change does Dev get (in ₹)?
- 24.₹15 + ₹12.50 =
- 25.Meera has one ₹1 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 26.Dev has ₹1000 for a picnic. Food costs ₹300 and tickets cost ₹680. Is ₹1000 enough? (a) Yes (b) No
-
27.Farhan’s passbook:
Opening balance: ₹3200
Credit (money in): ₹950
Debit (money out): ₹650
What is the balance now (in ₹)? - 28.Tara’s class stall spends ₹690 to make 23 greeting cards and sells all of them at ₹30 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 29.Nisha gets ₹60 pocket money every week. How many rupees is that in 9 weeks?
- 30.A family plans ₹15000 for the month. 40% of it is for rent. How many rupees is that?
- 31.4 friends run a stall selling paper bookmarks and make a profit of ₹1360. They share it equally. How many rupees does each friend get?
- 32.Shop A sells a football for ₹305 with free delivery. Shop B sells it for ₹405 plus ₹40 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 33.How many geometry boxes can you buy with ₹1040 if one costs ₹130?
- 34.Tara is making a shopping list. Which of these is a need? (a) milk (b) extra comic books (c) designer sunglasses (d) a bigger TV
- 35.A water bottle costs ₹340. The shop gives 10% off. How many rupees is the discount?
- 36.Meera gets ₹9 every day. How many rupees is that in one week (7 days)?
- 37.Which is worth more: a ₹20 coin or a ₹2 coin? (a) 20-rupee coin (b) 2-rupee coin
- 38.Aarav has ₹44. A crayon box costs ₹40. Does Aarav have enough money to buy it? (a) Yes (b) No
-
39.Vivaan’s passbook:
Opening balance: ₹2800
Credit: ₹200
Debit: ₹100
Credit: ₹400
Debit: ₹100
What is the closing balance (in ₹)? - 40.A stall pays ₹9 for each plate of bhel and sells each one for ₹17. It sells 15 plates of bhel. What is the total profit (in ₹)?
Answer key
- 90
- 16
- 100 + 5 + 1
- Kabir
- 360
- 75
- Lakshmi
- 26
- 122
- 92
- 5
- Shop A
- 150
- 11
- 150
- 6
- 640
- 144
- 300
- 127
- 200
- Shop A
- 14
- 27.5
- Coin
- Yes
- 3500
- No profit, no loss
- 540
- 6000
- 340
- Shop A
- 8
- milk
- 34
- 63
- 20-rupee coin
- Yes
- 3200
- 120
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids