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 balloon costs ₹9. Dev pays ₹20. How much change does Dev get (in ₹)?
- 2.A study lamp costs ₹700. The shop gives 10% off. What is the sale price (in ₹)?
- 3.A football costs ₹940. The shop gives 10% off. How many rupees is the discount?
- 4.Aarav buys 5 samosas at ₹14 each and pays with a ₹200 note. How much change does Aarav get (in ₹)?
- 5.One kite costs ₹15. A pack of 3 kites costs ₹43. How many rupees do you save by buying the pack instead of 3 single ones?
- 6.Which is the same money as one ₹20 note? (a) six 5-rupee coins (b) four 5-rupee coins (c) five 5-rupee coins
- 7.Ishaan sells 34 plates of bhel at ₹20 each. How many rupees does Ishaan get?
- 8.Riya’s mother scans a shop’s QR code to pay ₹25000. What should she check before she pays? (a) The colour of the code (b) Nothing, just pay (c) The name of the shop
- 9.A toy car costs ₹55. Joseph has ₹20 and ₹2. How many more rupees does Joseph need?
- 10.Shop A sells 4 pens for ₹80. Shop B sells 6 pens for ₹102. Which shop is cheaper for one pen? (a) Shop A (b) Shop B
- 11.Gurpreet keeps ₹1700 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?
- 12.A jacket costs ₹260. Offer 1: 20% off. Offer 2: ₹40 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 13.There are 36 children in a class. Each child needs one plate of idli at ₹40. What is the total cost (in ₹)?
- 14.The bill for a cricket ball and a badminton racket is ₹680. A cricket ball costs ₹150. What does the badminton racket cost (in ₹)?
- 15.A 10 kg bag of rice costs ₹700. A 2 kg bag costs ₹128. How many rupees per kg do you save with the cheaper bag?
- 16.Vivaan’s class stall spends ₹160 to make 12 cupcakes and sells all of them at ₹20 each. What is the profit (in ₹)?
- 17.A 10 kg bag of wheat flour costs ₹430. A 2 kg bag costs ₹92. Which bag is cheaper per kg? (a) 10 kg bag (b) 2 kg bag
- 18.Diya buys a plate of idli for ₹35 and pays with a ₹100 note. How much change does Diya get (in ₹)?
- 19.₹? + ₹50 + ₹5 = ₹155
- 20.What do 2 T-shirts at ₹260 each and 3 water bottles at ₹190 each cost in all (in ₹)?
- 21.Farhan keeps ₹500 in a bank at 9% simple interest per year. How much money will there be after 4 years (in ₹)?
- 22.4 friends run a stall selling friendship bands and make a profit of ₹1000. They share it equally. How many rupees does each friend get?
- 23.Farhan takes out ₹950 from an ATM. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 24.A family plans ₹48000 for the month. 20% of it is for food. How many rupees is that?
- 25.3 friends run a stall selling paper bookmarks and make a profit of ₹420. They share it equally. How many rupees does each friend get?
- 26.A 1 kg bag of sugar costs ₹45. A 5 kg bag costs ₹210. How many rupees per kg do you save with the cheaper bag?
- 27.A toy train costs ₹780. The shop gives 50% off. What is the sale price (in ₹)?
- 28.Dev got ₹110 in 2 weeks, the same amount every week. How many rupees is that each week?
- 29.What do 2 colour pencil sets at ₹115 each and 4 lunch boxes at ₹155 each cost in all (in ₹)?
- 30.One paper clip costs 50 paise. How many rupees do 4 paper clips cost? =
- 31.A pencil costs ₹4. Sneha pays ₹10. How much change does Sneha get (in ₹)?
- 32.Kavya has 3 coins of ₹5. Aditya has 4 coins of ₹1. How many more rupees does Kavya have?
- 33.₹510 − ₹490 =
- 34.What is the smallest number of coins and notes that make ₹193?
- 35.₹21 − ₹5 =
- 36.Of a ₹22000 monthly budget, 30% goes on electricity and 20% on clothes. The rest is saved. What percent is saved?
- 37.4 T-shirts cost ₹920. How much do 3 T-shirts cost (in ₹)?
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38.Arjun’s shop bill:
4 plates of idli at ₹30 each
3 geometry boxes at ₹115 each
4 pairs of socks at ₹75 each
What is the total bill (in ₹)? - 39.There are 32 children in a class. Each child needs one pen at ₹16. What is the total cost (in ₹)?
- 40.There are 22 children in a class. Each child needs one mango at ₹20. What is the total cost (in ₹)?
Answer key
- 11
- 630
- 94
- 130
- 2
- four 5-rupee coins
- 680
- The name of the shop
- 33
- Shop B
- 102
- Offer 1
- 1440
- 530
- 6
- 80
- 10 kg bag
- 65
- 100
- 1090
- 680
- 250
- Debit
- 9600
- 140
- 3
- 390
- 55
- 850
- 2
- 6
- 11
- 20
- 6
- 16
- 50
- 690
- 765
- 512
- 440
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids