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.₹410 − ₹190 =
- 2.₹200 earns 8% simple interest per year. In how many years will the interest be ₹32?
- 3.Which is worth the least: a ₹5 coin, a ₹1 coin or a ₹100 note? (a) 1-rupee coin (b) 100-rupee note (c) 5-rupee coin
- 4.Aditya has ₹850. First Aditya pays for needs: school shoes (₹160) and a raincoat (₹140). How many rupees are left for wants?
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5.Gurpreet’s passbook:
Opening balance: ₹5000
Debit: ₹250
Credit: ₹450
Credit: ₹350
Credit: ₹400
What is the total of all the debits (in ₹)? - 6.Vivaan has 2 coins of ₹2. How many rupees does Vivaan have?
- 7.A cricket bat costs ₹160. The shop gives 50% off. What is the sale price (in ₹)?
- 8.Meera buys 3 bananas at ₹5 each and pays ₹20. How much change does Meera get (in ₹)?
- 9.Count up to find the change from ₹50: ₹11 + ₹? = ₹50
- 10.A board game costs ₹360. The shop gives 50% off. How many rupees is the discount?
- 11.A 5 kg bag of potatoes costs ₹180. A 10 kg bag costs ₹300. How many rupees per kg do you save with the cheaper bag?
- 12.Riya buys a storybook for ₹120 and a mango for ₹25, and pays with a ₹500 note. How much change does Riya get (in ₹)?
- 13.2 badminton rackets cost ₹850. What does one badminton racket cost (in ₹)?
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14.Price list: sticker sheet ₹11, notebook ₹35, pencil ₹3, banana ₹6.
How many rupees more does a sticker sheet cost than a pencil? - 15.How many coins of ₹2 does Sneha need to make ₹8?
- 16.A stall pays ₹6 for each greeting card and sells each one for ₹9. It sells 18 greeting cards. What is the total profit (in ₹)?
- 17.Riya saves ₹30 every week for 12 weeks, then buys a storybook set for ₹210. How many rupees are left?
- 18.Kavya buys a storybook (₹100), a water bottle (₹225), a notebook (₹55) and a cricket ball (₹125). What is the total (in ₹)?
- 19.The bill for a cricket ball and a pair of socks is ₹220. A cricket ball costs ₹150. What does the pair of socks cost (in ₹)?
- 20.Ishaan buys an ice candy for ₹10 and a balloon for ₹10. How many rupees does Ishaan spend in all?
- 21.Priya has 7 notes of ₹100. How many rupees does Priya have?
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22.Isha’s passbook:
Opening balance: ₹2100
Credit (money in): ₹200
Debit (money out): ₹?
Closing balance: ₹2000
How many rupees was the debit? - 23.One pen costs ₹11. How much do 2 pens cost (in ₹)?
- 24.A day trip costs ₹380 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
- 25.Riya wants a gift for Mum that costs ₹245, has ₹110 already and saves ₹30 every week. In how many weeks will Riya have enough?
- 26.Shop A sells a football for ₹335 with free delivery. Shop B sells it for ₹325 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
- 27.Priya buys a plate of idli for ₹55 and pays with a ₹100 note. How much change does Priya get (in ₹)?
- 28.Shop A sells 4 mangoes for ₹120. Shop B sells 2 mangoes for ₹40. What does one mango cost at the cheaper shop (in ₹)?
- 29.A message says Meera has won ₹2000. It asks for the UPI PIN to send the prize. What is true? (a) No PIN to receive money (b) Prizes need your PIN (c) Enter the PIN quickly
- 30.Meera keeps ₹1500 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
- 31.One toffee costs 50 paise. How many rupees do 3 toffees cost? =
- 32.A day trip costs ₹650 in all. 5 friends share the cost equally. How much does each friend pay (in ₹)?
- 33.Ishaan is making a shopping list. Which of these is a need? (a) extra comic books (b) a video game (c) school shoes (d) a fancy phone cover
- 34.A skipping rope costs ₹36. Dev has ₹20 and ₹10. How many more rupees does Dev need?
- 35.What is the smallest number of coins and notes that make ₹101?
- 36.A board game costs ₹580. Offer 1: 10% off. Offer 2: ₹70 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 37.Gurpreet has one ₹100 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 38.Aditya got ₹280 in 8 weeks, the same amount every week. How many rupees is that each week?
- 39.Tara wants to save ₹340 for a storybook set in 17 weeks, the same amount each week. How many rupees must Tara save each week?
- 40.Ananya’s class stall spends ₹490 to make 32 paper bookmarks and sells all of them at ₹20 each. What is the profit (in ₹)?
Answer key
- 220
- 2
- 1-rupee coin
- 550
- 250
- 4
- 80
- 5
- 39
- 180
- 6
- 355
- 425
- 8
- 4
- 54
- 150
- 505
- 70
- 20
- 700
- 300
- 22
- 190
- 5
- 30
- 45
- 20
- No PIN to receive money
- 240
- 1.5
- 130
- school shoes
- 6
- 2
- Offer 2
- Note
- 35
- 20
- 150
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids