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.Farhan has 8 coins of ₹2. How many rupees does Farhan have?
- 2.One badminton racket costs ₹390. How much do 2 badminton rackets cost (in ₹)?
- 3.Which is worth more: a ₹200 note or a ₹20 coin? (a) 200-rupee note (b) 20-rupee coin
- 4.₹100 earns 2% simple interest per year. In how many years will the interest be ₹2?
- 5.Rahul’s class stall spends ₹520 to make 19 cupcakes and sells all of them at ₹30 each. What is the profit (in ₹)?
- 6.Ananya had ₹95. Ananya spent ₹3 on a toffee. How many rupees are left?
- 7.One tiny sticker costs 50 paise. How many rupees do 7 tiny stickers cost? =
- 8.Ananya has 4 coins of ₹5. Kabir has 2 notes of ₹50. Who has more money? (a) Kabir (b) Ananya
- 9.Ananya gets ₹20 pocket money every week. How many rupees is that in 8 weeks?
- 10.Diya’s class stall spends ₹790 to make 32 cups of lemonade and sells all of them at ₹25 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 11.Shop A sells a lunch box for ₹275 with free delivery. Shop B sells it for ₹155 plus ₹70 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 12.8 badminton rackets cost ₹3320. How much do 9 badminton rackets cost (in ₹)?
- 13.Sneha buys 3 mangoes at ₹20 each and pays with a ₹100 note. How much change does Sneha get (in ₹)?
- 14.₹470 + ₹140 =
- 15.Gurpreet has 9 notes of ₹20. How many rupees does Gurpreet have?
- 16.₹66 − ₹20 =
- 17.An eraser costs ₹2. Vivaan pays ₹20. How much change does Vivaan get (in ₹)?
- 18.A 5 kg bag of wheat flour costs ₹195. A 10 kg bag costs ₹500. How many rupees per kg do you save with the cheaper bag?
- 19.A 5 kg bag of sugar costs ₹215. A 10 kg bag costs ₹460. How many rupees per kg do you save with the cheaper bag?
- 20.Aarav gets ₹70 a week, spends ₹35 each week and saves the rest. How many rupees has Aarav saved after 2 weeks?
- 21.Shop A sells 2 plates of idli for ₹110. Shop B sells 4 plates of idli for ₹240. Which shop is cheaper for one plate of idli? (a) Shop A (b) Shop B
- 22.Joseph has ₹500 for a picnic. Food costs ₹250 and tickets cost ₹250. Is ₹500 enough? (a) No (b) Yes
- 23.The bill for 4 geometry boxes and a school bag is ₹1245. A geometry box costs ₹130. What does the school bag cost (in ₹)?
- 24.Which is the same money as one ₹20 note? (a) three 10-rupee notes (b) four 10-rupee notes (c) two 10-rupee notes
- 25.Tara keeps ₹1200 in a bank. After 1 year the simple interest is ₹108. What is the rate of interest per year (in %)?
- 26.7 geometry boxes cost ₹560. What does one geometry box cost (in ₹)?
- 27.One paper clip costs ₹2.50. How many rupees do 5 paper clips cost? =
- 28.A day trip costs ₹720 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
- 29.How many water bottles can you buy with ₹1305 if one costs ₹145?
- 30.Which is the same money as one ₹10 note? (a) five 2-rupee coins (b) four 2-rupee coins (c) three 2-rupee coins
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31.Priya’s passbook:
Opening balance: ₹3500
Credit: ₹100
Credit: ₹250
Credit: ₹200
Debit: ₹150
What is the closing balance (in ₹)? - 32.Someone online asks Vivaan for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) A friend at school (c) No one
- 33.An eraser costs ₹2. Gurpreet pays ₹50. How much change does Gurpreet get (in ₹)?
- 34.How many ₹5 coins make a ₹20 coin?
- 35.Saanvi gets ₹30 a week, spends ₹10 each week and saves the rest. How many rupees has Saanvi saved after 2 weeks?
- 36.Manav has 7 notes of ₹50. How many rupees does Manav have?
- 37.Riya makes 2 clay diyas an hour and sells each one for ₹20. How many rupees can Riya earn from 1 hour of work?
- 38.₹810 − ₹460 =
- 39.A 2 kg bag of wheat flour costs ₹94. A 1 kg bag costs ₹34. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
- 40.Tara has ₹20. A juice box costs ₹25. Does Tara have enough money to buy it? (a) Yes (b) No
Answer key
- 16
- 780
- 200-rupee note
- 1
- 50
- 92
- 3.5
- Kabir
- 160
- Profit
- Shop B
- 3735
- 40
- 610
- 180
- 46
- 18
- 11
- 3
- 70
- Shop A
- Yes
- 725
- two 10-rupee notes
- 9
- 80
- 12.5
- 360
- 9
- five 2-rupee coins
- 3900
- No one
- 48
- 4
- 40
- 350
- 40
- 350
- 1 kg bag
- No
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids