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.Shop A sells a school bag for ₹655 with free delivery. Shop B sells it for ₹505 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 2.Count up to find the change from ₹100: ₹61 + ₹? = ₹100
- 3.Karan keeps ₹500 in a bank at 4% simple interest per year. How much money will there be after 5 years (in ₹)?
- 4.How many ₹5 coins make a ₹10 coin?
- 5.After 10% off, a raincoat costs ₹180. What was the price before the sale (in ₹)?
- 6.A day trip costs ₹900 in all. 6 friends share the cost equally. How much does each friend pay (in ₹)?
- 7.Shop A sells 2 geometry boxes for ₹190. Shop B sells 3 geometry boxes for ₹255. What does one geometry box cost at the cheaper shop (in ₹)?
- 8.2 friends run a stall selling paper bookmarks and make a profit of ₹300. They share it equally. How many rupees does each friend get?
- 9.Kabir had ₹92. Kabir spent ₹3 on a toffee. How many rupees are left?
- 10.400 paise is how many rupees? =
- 11.Karan’s father is sending ₹500 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
- 12.Count up to find the change from ₹500: ₹43 + ₹? = ₹500
- 13.Aditya keeps ₹1200 in a bank. After 5 years the simple interest is ₹480. What is the rate of interest per year (in %)?
- 14.A raincoat costs ₹940. The shop gives 20% off. How many rupees is the discount?
- 15.Lakshmi buys 4 toffees at ₹3 each and pays ₹50. How much change does Lakshmi get (in ₹)?
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16.Price list: toffee ₹1, biscuit packet ₹18, notebook ₹30, crayon box ₹40.
Which item costs the most? (a) toffee (b) crayon box (c) biscuit packet (d) notebook - 17.For Ishaan, is “a third cricket bat” a need or a want? (a) Need (b) Want
- 18.Manav has ₹13. A biscuit packet costs ₹10. Does Manav have enough money to buy it? (a) No (b) Yes
- 19.Which is worth the most: a ₹20 note, a ₹1 coin or a ₹2 coin? (a) 1-rupee coin (b) 20-rupee note (c) 2-rupee coin
- 20.A 5 kg bag of dal costs ₹745. A 1 kg bag costs ₹146. Which bag is cheaper per kg? (a) 1 kg bag (b) 5 kg bag
- 21.₹63 − ₹44 =
- 22.Riya had ₹87. Riya spent ₹35 on a crayon box. How many rupees are left?
- 23.A pair of shoes costs ₹280. The shop gives 20% off. How many rupees is the discount?
- 24.Kabir is making a shopping list. Which of these is a want? (a) soap (b) a warm blanket (c) medicine when ill (d) designer sunglasses
- 25.Kabir has 2 notes of ₹200, 4 notes of ₹20 and 3 coins of ₹5. How many rupees does Kabir have?
- 26.A family plans ₹46000 for the month. 25% of it is for clothes. How many rupees is that?
- 27.Isha has ₹6. An eraser costs ₹5. Does Isha have enough money to buy it? (a) No (b) Yes
- 28.How many coins of ₹2 does Priya need to make ₹18?
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29.Price list: banana ₹8, kite ₹18, ruler ₹10, sharpener ₹4.
Which item costs the most? (a) ruler (b) sharpener (c) banana (d) kite - 30.A board game costs ₹740. The shop gives 50% off. How many rupees is the discount?
- 31.Dev buys a pen for ₹11 and pays with a ₹100 note. How much change does Dev get (in ₹)?
- 32.How many notes of ₹10 make ₹70?
- 33.One notebook costs ₹30. A pack of 3 notebooks costs ₹88. How many rupees do you save by buying the pack instead of 3 single ones?
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34.Price list: eraser ₹3, sticker sheet ₹5, samosa ₹10, glue stick ₹16.
How much do 3 glue sticks cost (in ₹)? - 35.Ishaan buys a pair of socks (₹70), a storybook (₹140), a colour pencil set (₹100) and a lunch box (₹190). What is the total (in ₹)?
- 36.Pooja has 4 notes of ₹10. How many rupees does Pooja have?
- 37.Which is worth more: a ₹500 note or a ₹20 coin? (a) 20-rupee coin (b) 500-rupee note
- 38.Diya keeps ₹400 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
- 39.Meera keeps ₹400 in a bank. After 2 years the simple interest is ₹72. What is the rate of interest per year (in %)?
- 40.A cricket ball costs ₹135 online. Delivery is ₹70 and a coupon takes ₹40 off. What is the final price (in ₹)?
Answer key
- Shop B
- 39
- 600
- 2
- 200
- 150
- 85
- 150
- 89
- 4
- The name and amount
- 457
- 8
- 188
- 38
- crayon box
- Want
- Yes
- 20-rupee note
- 1 kg bag
- 19
- 52
- 56
- designer sunglasses
- 495
- 11500
- Yes
- 9
- kite
- 370
- 89
- 7
- 2
- 48
- 500
- 40
- 500-rupee note
- 416
- 9
- 165
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids