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.How many notes of ₹100 make ₹200?
- 2.Ishaan’s class stall spends ₹230 to make 34 clay diyas and sells all of them at ₹10 each. What is the profit (in ₹)?
- 3.Farhan gets ₹50 a week, spends ₹5 each week and saves the rest. How many rupees has Farhan saved after 4 weeks?
- 4.Karan has ₹9. A balloon costs ₹7. Does Karan have enough money to buy it? (a) Yes (b) No
- 5.Shop A sells 6 pens for ₹84. Shop B sells 3 pens for ₹57. Which shop is cheaper for one pen? (a) Shop A (b) Shop B
- 6.There are 29 children in a class. Each child needs one plate of idli at ₹30. What is the total cost (in ₹)?
- 7.Riya has ₹21. A juice box costs ₹25. Does Riya have enough money to buy it? (a) Yes (b) No
- 8.Priya buys a balloon for ₹6 and a toffee for ₹1, and pays ₹50. How much change does Priya get (in ₹)?
- 9.Farhan has 1 note of ₹500 and 1 note of ₹10. How many rupees does Farhan have?
- 10.Karan gets ₹100 a week, spends ₹25 each week and saves the rest. How many rupees has Karan saved after 5 weeks?
- 11.Shop A sells 3 colour pencil sets for ₹195. Shop B sells 2 colour pencil sets for ₹120. Which shop is cheaper for one colour pencil set? (a) Shop A (b) Shop B
- 12.Aarav has 8 notes of ₹100. Ishaan has 3 coins of ₹2. How many more rupees does Aarav have?
- 13.Diya buys a plate of idli for ₹50 and pays with a ₹100 note. How much change does Diya get (in ₹)?
- 14.₹8 − ₹5.50 =
- 15.Rahul buys a pair of socks (₹55), a T-shirt (₹305), a samosa (₹16) and a football (₹390). What is the total (in ₹)?
- 16.Rohan is making a shopping list. Which of these is a need? (a) a school uniform (b) sweets every day (c) a new party dress (d) a video game
- 17.Which coins and notes make exactly ₹111? (a) 10 + 2 + 1 (b) 100 + 10 + 1 (c) 100 + 10 + 10
- 18.Zoya spends ₹260 to start a stall and sells each greeting card for ₹30. What is the smallest number Zoya must sell to get back the ₹260?
-
19.Dev’s passbook:
Opening balance: ₹3100
Credit (money in): ₹150
Debit (money out): ₹350
What is the balance now (in ₹)? - 20.Priya buys a banana for ₹8 and a sharpener for ₹5. How many rupees does Priya spend in all?
- 21.₹64 − ₹49 =
- 22.Rahul spends ₹35 of ₹700 pocket money on books. What percent is that?
- 23.How many coins of ₹20 does Arjun need to make ₹160?
- 24.Riya spends ₹170 to start a stall and sells each paper bookmark for ₹20. What is the smallest number Riya must sell to get back the ₹170?
- 25.₹200 earns 10% simple interest per year. In how many years will the interest be ₹60?
- 26.A 10 kg bag of rice costs ₹400. A 5 kg bag costs ₹260. How many rupees per kg do you save with the cheaper bag?
- 27.₹810 − ₹240 =
- 28.A stranger asks Lakshmi to scan a QR code to “get” ₹5000. What is true? (a) QR codes are always safe (b) Scanning a QR pays money (c) It gives you money
-
29.Price list: ice candy ₹14, crayon box ₹35, glue stick ₹24, kite ₹16.
How much do an ice candy and a glue stick cost together (in ₹)? - 30.What is the smallest number of coins and notes that make ₹74?
- 31.Rahul keeps ₹100 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
- 32.Rohan has ₹1000 for a picnic. Food costs ₹400 and tickets cost ₹550. Is ₹1000 enough? (a) Yes (b) No
- 33.A water bottle costs ₹165 online. Delivery is ₹50 and a coupon takes ₹30 off. What is the final price (in ₹)?
-
34.Aditya’s passbook:
Opening balance: ₹4000
Debit: ₹300
Credit: ₹100
Debit: ₹200
Credit: ₹50
What is the total of all the credits (in ₹)? - 35.Lakshmi wants a bicycle that costs ₹3150. Lakshmi saves ₹350 every week. How many weeks will it take?
- 36.Arjun gets ₹25 every day. How many rupees is that in one week (7 days)?
- 37.Rohan buys a glue stick for ₹22 and a juice box for ₹25. How many rupees does Rohan spend in all?
- 38.Nisha buys 5 pens at ₹22 each and pays with a ₹500 note. How much change does Nisha get (in ₹)?
- 39.Vivaan is making a shopping list. Which of these is a need? (a) a remote-control car (b) designer sunglasses (c) a schoolbag (d) sweets every day
- 40.Kabir’s class stall spends ₹70 to make 20 cupcakes and sells all of them at ₹5 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
Answer key
- 2
- 110
- 180
- Yes
- Shop A
- 870
- No
- 43
- 510
- 375
- Shop B
- 794
- 50
- 2.5
- 766
- a school uniform
- 100 + 10 + 1
- 9
- 2900
- 13
- 15
- 5
- 8
- 9
- 3
- 12
- 570
- Scanning a QR pays money
- 38
- 4
- 116
- Yes
- 185
- 150
- 9
- 175
- 47
- 390
- a schoolbag
- Profit
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids