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.Which is worth the least: a ₹20 coin, a ₹2 coin or a ₹10 coin? (a) 10-rupee coin (b) 2-rupee coin (c) 20-rupee coin
- 2.How many footballs can you buy with ₹3600 if one costs ₹360?
- 3.Rahul’s mother has ₹2100 in her bank account. She pays ₹110 for bread and ₹340 for a gas cylinder by UPI. How many rupees are left in the account?
- 4.Rahul gets ₹80 pocket money every week. How many rupees is that in 4 weeks?
- 5.Kavya deposits ₹1550 saved in a piggy bank. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 6.A 5 kg bag of onions costs ₹275. A 10 kg bag costs ₹430. How many rupees per kg do you save with the cheaper bag?
- 7.₹32 − ₹25 =
- 8.A badminton racket costs ₹320 online. Delivery is ₹50 and a coupon takes ₹40 off. What is the final price (in ₹)?
- 9.A board game costs ₹300. The shop gives 50% off. What is the sale price (in ₹)?
- 10.Of a ₹23000 monthly budget, 30% goes on rent and 40% on food. The rest is saved. What percent is saved?
- 11.Aarav spends ₹150 of ₹300 pocket money on books. What percent is that?
- 12.Joseph had ₹74. Joseph spent ₹35 on a notebook. How many rupees are left?
- 13.Which is worth more: a ₹10 coin or a ₹5 coin? (a) 5-rupee coin (b) 10-rupee coin
- 14.₹32 + ₹36 + ₹11 =
- 15.Lakshmi buys a notebook for ₹50 and pays with a ₹100 note. How much change does Lakshmi get (in ₹)?
- 16.3 friends run a stall selling greeting cards and make a profit of ₹1260. They share it equally. How many rupees does each friend get?
- 17.Manav keeps ₹1100 in a bank. After 4 years the simple interest is ₹132. What is the rate of interest per year (in %)?
- 18.Saanvi spends ₹140 to start a stall and sells each clay diya for ₹25. What is the smallest number Saanvi must sell to get back the ₹140?
- 19.A 10 kg bag of tomatoes costs ₹480. A 1 kg bag costs ₹20. Which bag is cheaper per kg? (a) 10 kg bag (b) 1 kg bag
- 20.A stall pays ₹4 for each clay diya and sells each one for ₹10. It sells 17 clay diyas. What is the total profit (in ₹)?
- 21.Lakshmi has 3 notes of ₹100, 3 notes of ₹20 and 3 coins of ₹2. How many rupees does Lakshmi have?
- 22.How many coins of ₹20 does Meera need to make ₹80?
- 23.2 mangoes cost ₹50. What does one mango cost (in ₹)?
- 24.There are 37 children in a class. Each child needs one mango at ₹35. What is the total cost (in ₹)?
- 25.Pooja has ₹600. First Pooja pays for needs: a school uniform (₹50) and a water bottle (₹170). How many rupees are left for wants?
- 26.Joseph has 9 notes of ₹20. How many rupees does Joseph have?
- 27.₹8 + ₹9 + ₹31 =
- 28.Rohan wants to save ₹270 for a board game in 3 weeks, the same amount each week. How many rupees must Rohan save each week?
- 29.5 pens cost ₹120. How much do 3 pens cost (in ₹)?
- 30.Aarav wants a wristwatch that costs ₹600. Aarav saves ₹100 every week. How many weeks will it take?
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31.Farhan’s passbook:
Opening balance: ₹4900
Credit: ₹50
Credit: ₹400
Debit: ₹50
Credit: ₹300
What is the closing balance (in ₹)? - 32.What do 2 water bottles at ₹180 each and 2 plates of idli at ₹35 each cost in all (in ₹)?
- 33.Vivaan buys a storybook (₹185), a colour pencil set (₹70), a samosa (₹19) and a pair of socks (₹65). What is the total (in ₹)?
- 34.Joseph wants a bicycle that costs ₹3540, has ₹590 already and saves ₹500 every week. In how many weeks will Joseph have enough?
- 35.A family plans ₹25000 for the month. 25% of it is for travel. How many rupees is that?
- 36.Dev sells 31 paper bookmarks at ₹15 each. How many rupees does Dev get?
- 37.For Dev, is “sweets every day” a need or a want? (a) Need (b) Want
- 38.Manav buys 3 sticker sheets at ₹8 each and pays ₹50. How much change does Manav get (in ₹)?
- 39.What do 4 geometry boxes at ₹125 each and 2 notebooks at ₹45 each cost in all (in ₹)?
- 40.Isha’s class stall spends ₹650 to make 34 clay diyas and sells all of them at ₹20 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
Answer key
- 2-rupee coin
- 10
- 1650
- 320
- Credit
- 12
- 7
- 330
- 150
- 30
- 50
- 39
- 10-rupee coin
- 79
- 50
- 420
- 3
- 6
- 1 kg bag
- 102
- 366
- 4
- 25
- 1295
- 380
- 180
- 48
- 90
- 72
- 6
- 5600
- 430
- 339
- 6
- 6250
- 465
- Want
- 26
- 590
- Profit
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids