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.Tara spends ₹300 to start a stall and sells each clay diya for ₹20. What is the smallest number Tara must sell to get back the ₹300?
- 2.After 20% off, a board game costs ₹432. What was the price before the sale (in ₹)?
- 3.Of a ₹28000 monthly budget, 5% goes on school fees and 10% on clothes. The rest is saved. How many rupees are saved?
- 4.Riya’s mother has ₹2800 in her bank account. She pays ₹270 for vegetables and ₹130 for bread by UPI. How many rupees are left in the account?
-
5.Price list: kite ₹18, crayon box ₹35, ruler ₹10, eraser ₹3.
Which item costs the most? (a) eraser (b) ruler (c) kite (d) crayon box - 6.For Riya, is “a bigger TV” a need or a want? (a) Need (b) Want
- 7.How many geometry boxes can you buy with ₹980 if one costs ₹140?
- 8.Meera sells 36 paper bookmarks at ₹15 each. How many rupees does Meera get?
- 9.1050 paise is how many rupees? =
-
10.Price list: kite ₹14, ruler ₹10, crayon box ₹40, balloon ₹6.
How many rupees more does a crayon box cost than a kite? - 11.₹? + ₹100 + ₹10 = ₹112
- 12.Zoya has 4 notes of ₹200 and 5 notes of ₹20. How many rupees does Zoya have?
- 13.9 notebooks cost ₹495. How much do 3 notebooks cost (in ₹)?
- 14.Arjun keeps ₹1700 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
-
15.Price list: sharpener ₹4, eraser ₹5, biscuit packet ₹18, banana ₹6.
Kabir has ₹10 and buys a sharpener. How many rupees are left? - 16.Vivaan keeps ₹1900 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 2 years?
- 17.Aarav gets ₹50 pocket money every week. How many rupees is that in 12 weeks?
- 18.A 1 kg bag of dal costs ₹134. A 5 kg bag costs ₹690. Which bag is cheaper per kg? (a) 5 kg bag (b) 1 kg bag
- 19.How many T-shirts can you buy with ₹3000 if one costs ₹300?
-
20.Diya’s passbook:
Opening balance: ₹2900
Credit: ₹150
Debit: ₹100
Debit: ₹450
Credit: ₹200
What is the total of all the credits (in ₹)? - 21.Count up to find the change from ₹50: ₹32 + ₹? = ₹50
- 22.Vivaan spends ₹50 of ₹500 pocket money on books. What percent is that?
-
23.Vivaan’s passbook:
Opening balance: ₹700
Credit (money in): ₹800
Debit (money out): ₹750
What is the balance now (in ₹)? - 24.₹12 + ₹19 =
- 25.Riya has 7 notes of ₹100. How many rupees does Riya have?
- 26.A 1 kg bag of tomatoes costs ₹49. A 10 kg bag costs ₹440. How many rupees per kg do you save with the cheaper bag?
- 27.One tiny sticker costs ₹3.50. How many rupees do 2 tiny stickers cost? =
- 28.Diya has ₹21 in a piggy bank. Nani gives Diya ₹37 more. How many rupees does Diya have now?
- 29.Saanvi has 2 notes of ₹20 and 5 notes of ₹10. How many rupees does Saanvi have?
- 30.Shop A sells 5 pens for ₹75. Shop B sells 6 pens for ₹60. What does one pen cost at the cheaper shop (in ₹)?
- 31.Saanvi spends ₹80 to start a stall and sells each paper bookmark for ₹5. What is the smallest number Saanvi must sell to get back the ₹80?
-
32.Gurpreet’s passbook:
Opening balance: ₹4900
Debit: ₹100
Debit: ₹250
Credit: ₹450
Debit: ₹300
What is the total of all the credits (in ₹)? - 33.A study lamp costs ₹980. The shop gives 25% off. How many rupees is the discount?
- 34.₹2000 earns 8% simple interest per year. In how many years will the interest be ₹800?
- 35.Which is worth more: a ₹50 note or a ₹100 note? (a) 50-rupee note (b) 100-rupee note
- 36.Riya buys a samosa (₹14), a storybook (₹90), a lunch box (₹225) and a geometry box (₹120). What is the total (in ₹)?
- 37.₹? + ₹5 + ₹2 = ₹27
- 38.₹50 + ₹20 + ₹? = ₹71
- 39.Farhan is making a shopping list. Which of these is a need? (a) a third cricket bat (b) a bigger TV (c) designer sunglasses (d) drinking water
- 40.31 children go on a school trip to the museum. The bus costs ₹30 for each child and the ticket costs ₹20 for each child. What is the total cost (in ₹)?
Answer key
- 15
- 540
- 23800
- 2400
- crayon box
- Want
- 7
- 540
- 10.5
- 26
- 2
- 900
- 165
- 1836
- 6
- 342
- 600
- 1 kg bag
- 10
- 350
- 18
- 10
- 750
- 31
- 700
- 5
- 7
- 58
- 90
- 10
- 16
- 450
- 245
- 5
- 100-rupee note
- 449
- 20
- 1
- drinking water
- 1550
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids