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.A stall pays ₹6 for each paper bookmark and sells each one for ₹16. It sells 24 paper bookmarks. What is the total profit (in ₹)?
- 2.A water bottle costs ₹235 online. Delivery is ₹70 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 3.6 badminton rackets cost ₹2400. What does one badminton racket cost (in ₹)?
- 4.Sneha spends ₹270 to start a stall and sells each friendship band for ₹5. What is the smallest number Sneha must sell to get back the ₹270?
- 5.A toy train costs ₹140. Offer 1: 50% off. Offer 2: ₹10 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 6.Which coins and notes make exactly ₹17? (a) 10 + 5 + 2 (b) 100 + 5 + 2 (c) 10 + 5 + 1
- 7.A 1 kg bag of dal costs ₹141. A 2 kg bag costs ₹214. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
- 8.A 2 kg bag of sugar costs ₹88. A 1 kg bag costs ₹42. Which bag is cheaper per kg? (a) 2 kg bag (b) 1 kg bag
- 9.For Diya, is “toothpaste” a need or a want? (a) Want (b) Need
- 10.A yo-yo costs ₹47. Lakshmi has ₹20 and ₹2. How many more rupees does Lakshmi need?
- 11.Ananya’s class stall spends ₹70 to make 27 cupcakes and sells all of them at ₹5 each. What is the profit (in ₹)?
- 12.Riya keeps ₹500 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
- 13.A dozen (12) oranges cost ₹108. What does one cost (in ₹)?
- 14.₹1 + ₹2 + ₹? = ₹53
- 15.₹2 + ₹? + ₹50 = ₹53
- 16.One badminton racket costs ₹420. How much do 3 badminton rackets cost (in ₹)?
- 17.Karan has 5 notes of ₹50 and 3 notes of ₹20. How many rupees does Karan have?
- 18.Aditya spends ₹340 on things to make 38 cupcakes and sells them all at ₹10 each. How many rupees does Aditya earn after paying the costs?
- 19.A family plans ₹30000 for the month. 10% of it is for travel. How many rupees is that?
- 20.Arjun’s class stall spends ₹475 to make 33 greeting cards and sells all of them at ₹15 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 21.A 2 kg bag of potatoes costs ₹66. A 1 kg bag costs ₹30. How many rupees per kg do you save with the cheaper bag?
- 22.Pooja keeps ₹1700 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
- 23.Aarav buys a pen for ₹10 and pays with a ₹100 note. How much change does Aarav get (in ₹)?
- 24.Tara gets ₹350 pocket money every month. How many rupees is that in one year (12 months)?
- 25.A family plans ₹40000 for the month. 5% of it is for food. How many rupees is that?
- 26.Diya has a budget of ₹1500 for a birthday party. The return gifts cost ₹230, the snacks cost ₹170 and the juice cost ₹150. How many rupees are left?
- 27.How many coins of ₹5 does Nisha need to make ₹15?
- 28.What is the smallest number of coins and notes that make ₹69?
- 29.₹26 + ₹10 + ₹33 =
- 30.₹52 + ₹19 =
- 31.Which is the smallest amount: ₹90, ₹50 or ₹64? (a) 50 rupees (b) 64 rupees (c) 90 rupees
- 32.Diya saves ₹90 every week for 5 weeks, then buys an art kit for ₹220. How many rupees are left?
- 33.A stall pays ₹17 for each clay diya and sells each one for ₹20. It sells 39 clay diyas. What is the total profit (in ₹)?
- 34.Karan wants a football that costs ₹345, has ₹80 already and saves ₹50 every week. In how many weeks will Karan have enough?
- 35.Meera gets ₹95 pocket money every week. How many rupees is that in 11 weeks?
- 36.Shop A sells a cricket ball for ₹105 with free delivery. Shop B sells it for ₹105 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 37.What do 2 lunch boxes at ₹165 each and 4 pairs of socks at ₹85 each cost in all (in ₹)?
- 38.A notebook costs ₹6.50. Farhan pays ₹50. How much change does Farhan get, in rupees? =
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39.Price list: glue stick ₹21, crayon box ₹40, samosa ₹18, sharpener ₹4.
How much do a samosa and a sharpener cost together (in ₹)? - 40.Farhan buys a mango (₹20), a badminton racket (₹545), a notebook (₹35) and a cricket ball (₹145). What is the total (in ₹)?
Answer key
- 240
- 295
- 400
- 54
- Offer 1
- 10 + 5 + 2
- 2 kg bag
- 1 kg bag
- Need
- 25
- 65
- 560
- 9
- 50
- 1
- 1260
- 310
- 40
- 3000
- Profit
- 3
- 272
- 90
- 4200
- 2000
- 950
- 3
- 5
- 69
- 71
- 50 rupees
- 230
- 117
- 6
- 1045
- Shop A
- 670
- 43.5
- 22
- 745
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids