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.One glue stick costs ₹20. A pack of 3 glue sticks costs ₹58. How many rupees do you save by buying the pack instead of 3 single ones?
- 2.Lakshmi’s piggy bank has 3 coins of ₹5, 5 coins of ₹2 and 3 coins of ₹1. How many rupees are in it?
- 3.1850 paise is how many rupees? =
- 4.A pencil box costs ₹18.50. Gurpreet pays ₹20. How much change does Gurpreet get, in rupees? =
- 5.Joseph saves ₹70 every week for 5 weeks, then buys a football for ₹150. How many rupees are left?
- 6.Isha gets ₹20 every day. How many rupees is that in one week (7 days)?
- 7.Manav spends ₹110 on things to make 22 greeting cards and sells them all at ₹10 each. How many rupees does Manav earn after paying the costs?
- 8.₹990 − ₹470 =
- 9.9 lunch boxes cost ₹2205. How much do 4 lunch boxes cost (in ₹)?
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10.Karan’s passbook:
Opening balance: ₹3900
Credit (money in): ₹250
Debit (money out): ₹2950
What is the balance now (in ₹)? - 11.Kabir has 5 coins of ₹5. How many rupees does Kabir have?
- 12.Count up to find the change from ₹100: ₹18 + ₹? = ₹100
- 13.Priya spends ₹50 of ₹1000 pocket money on books. What percent is that?
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14.Price list: glue stick ₹21, notebook ₹40, ice candy ₹10, banana ₹6.
How much do a banana and a notebook cost together (in ₹)? - 15.Meera buys a plate of idli for ₹50 and pays with a ₹100 note. How much change does Meera get (in ₹)?
- 16.Shop A sells 5 notebooks for ₹175. Shop B sells 2 notebooks for ₹80. What does one notebook cost at the cheaper shop (in ₹)?
- 17.A ruler costs ₹8. Saanvi pays ₹10. How much change does Saanvi get (in ₹)?
- 18.Which is worth the most: a ₹20 coin, a ₹2 coin or a ₹1 coin? (a) 2-rupee coin (b) 1-rupee coin (c) 20-rupee coin
- 19.Meera is making a shopping list. Which of these is a want? (a) school shoes (b) medicine when ill (c) a raincoat (d) a fancy phone cover
- 20.What do 2 plates of idli at ₹40 each and 4 geometry boxes at ₹145 each cost in all (in ₹)?
- 21.Which coins and notes make exactly ₹23? (a) 20 + 10 + 2 (b) 20 + 2 + 1 (c) 50 + 20 + 2
- 22.Aarav’s class stall spends ₹135 to make 27 friendship bands and sells all of them at ₹5 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 23.Ishaan’s class stall spends ₹230 to make 19 paper bookmarks and sells all of them at ₹10 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
- 24.Rohan has a budget of ₹2000 for a birthday party. The cake cost ₹80, the balloons cost ₹180 and the decorations cost ₹430. How many rupees are left?
- 25.Isha keeps ₹900 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
- 26.₹210 − ₹70 =
- 27.Meera has ₹59 in a piggy bank. Nana gives Meera ₹39 more. How many rupees does Meera have now?
- 28.₹400 earns 2% simple interest per year. In how many years will the interest be ₹16?
- 29.Kabir gets ₹40 a week, spends ₹25 each week and saves the rest. How many rupees has Kabir saved after 2 weeks?
- 30.A football costs ₹345 online. Delivery is ₹40 and a coupon takes ₹50 off. What is the final price (in ₹)?
- 31.Aarav spends ₹200 on things to make 25 plates of bhel and sells them all at ₹10 each. How many rupees does Aarav earn after paying the costs?
- 32.A 10 kg bag of potatoes costs ₹390. A 1 kg bag costs ₹24. How many rupees per kg do you save with the cheaper bag?
- 33.Saanvi spends ₹100 on things to make 16 friendship bands and sells them all at ₹10 each. How many rupees does Saanvi earn after paying the costs?
- 34.A toy train costs ₹700. Offer 1: 25% off. Offer 2: ₹30 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 35.How many coins of ₹10 does Priya need to make ₹90?
- 36.Of a ₹23000 monthly budget, 30% goes on travel and 10% on rent. The rest is saved. How many rupees are saved?
- 37.₹220 + ₹260 =
- 38.2 notebooks cost ₹70. How much do 10 notebooks cost (in ₹)?
- 39.Ishaan has 4 notes of ₹200, 2 notes of ₹10 and 2 coins of ₹1. How many rupees does Ishaan have?
- 40.Aditya has one ₹100 piece of money. Is it a coin or a note? (a) Coin (b) Note
Answer key
- 2
- 28
- 18.5
- 1.5
- 200
- 140
- 110
- 520
- 980
- 1200
- 25
- 82
- 5
- 46
- 50
- 35
- 2
- 20-rupee coin
- a fancy phone cover
- 660
- 20 + 2 + 1
- No profit, no loss
- Loss
- 1310
- 18
- 140
- 98
- 2
- 30
- 335
- 50
- 15
- 60
- Offer 1
- 9
- 13800
- 480
- 350
- 822
- Note
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids