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
- 1.3 friends run a stall selling plates of bhel and make a profit of ₹840. They share it equally. How many rupees does each friend get?
- 2.The bill for 2 cricket balls and a pen is ₹226. A cricket ball costs ₹105. What does the pen cost (in ₹)?
- 3.Rahul gets ₹6 every day. How many rupees is that in one week (7 days)?
- 4.Joseph keeps ₹800 in a bank. After 4 years the simple interest is ₹192. What is the rate of interest per year (in %)?
- 5.A sticker sheet costs ₹8. Dev pays ₹20. How much change does Dev get (in ₹)?
- 6.Which is the same money as one ₹20 note? (a) six 5-rupee coins (b) four 5-rupee coins (c) three 5-rupee coins
- 7.A skipping rope costs ₹84. Rahul has ₹5 and ₹2. How many more rupees does Rahul need?
- 8.The bill for 2 colour pencil sets and a school bag is ₹715. A colour pencil set costs ₹115. What does the school bag cost (in ₹)?
- 9.Joseph wants a gift for Mum that costs ₹480. Joseph saves ₹60 every week. How many weeks will it take?
- 10.How many coins of ₹20 does Zoya need to make ₹100?
- 11.Farhan’s class stall spends ₹90 to make 34 greeting cards and sells all of them at ₹5 each. What is the profit (in ₹)?
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12.Vivaan’s passbook:
Opening balance: ₹2200
Debit: ₹150
Debit: ₹100
Credit: ₹250
Debit: ₹500
What is the total of all the debits (in ₹)? - 13.A 2 kg bag of rice costs ₹114. A 10 kg bag costs ₹680. Which bag is cheaper per kg? (a) 10 kg bag (b) 2 kg bag
- 14.A jacket costs ₹960. The shop gives 10% off. How many rupees is the discount?
- 15.Shop A sells a water bottle for ₹240 with free delivery. Shop B sells it for ₹160 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 16.One T-shirt costs ₹365. How much do 2 T-shirts cost (in ₹)?
- 17.Shop A sells a water bottle for ₹180 with free delivery. Shop B sells it for ₹135 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 18.₹900 earns 6% simple interest per year. In how many years will the interest be ₹108?
- 19.For Riya, is “a school uniform” a need or a want? (a) Need (b) Want
- 20.Isha buys a kite for ₹23 and a balloon for ₹7, and pays ₹50. How much change does Isha get (in ₹)?
- 21.Manav buys 3 ice candies at ₹15 each and pays ₹50. How much change does Manav get (in ₹)?
- 22.Shop A sells 3 notebooks for ₹105. Shop B sells 5 notebooks for ₹275. What does one notebook cost at the cheaper shop (in ₹)?
- 23.Which is the biggest amount: ₹67, ₹89 or ₹34? (a) 34 rupees (b) 67 rupees (c) 89 rupees
- 24.₹90 − ₹6 =
- 25.Kabir is making a shopping list. Which of these is a want? (a) bus fare to school (b) a toy robot (c) notebooks for school (d) rice and dal
- 26.A balloon costs ₹5 and a biscuit packet costs ₹20. How many rupees more does the biscuit packet cost?
- 27.Isha is making a shopping list. Which of these is a want? (a) medicine when ill (b) a sticker album (c) bus fare to school (d) a warm blanket
- 28.Shop A sells 3 samosas for ₹48. Shop B sells 2 samosas for ₹38. What does one samosa cost at the cheaper shop (in ₹)?
- 29.Tara’s mother has ₹1700 in her bank account. She pays ₹340 for milk and ₹370 for a gas cylinder by UPI. How many rupees are left in the account?
- 30.Ishaan spends ₹160 on things to make 30 cups of lemonade and sells them all at ₹10 each. How many rupees does Ishaan earn after paying the costs?
- 31.Saanvi’s mother has ₹1800 in her bank account. She pays ₹150 for fruit and ₹130 for a gas cylinder by UPI. How many rupees are left in the account?
- 32.After 25% off, a pair of shoes costs ₹690. What was the price before the sale (in ₹)?
- 33.Shop A sells a football for ₹310 with free delivery. Shop B sells it for ₹420 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 34.Shop A sells 2 samosas for ₹24. Shop B sells 5 samosas for ₹90. Which shop is cheaper for one samosa? (a) Shop A (b) Shop B
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35.Farhan’s passbook:
Opening balance: ₹2000
Debit: ₹300
Debit: ₹500
Credit: ₹100
Debit: ₹250
What is the total of all the debits (in ₹)? - 36.Priya saves ₹40 every week for 7 weeks, then buys a wristwatch for ₹240. How many rupees are left?
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37.Sneha’s passbook:
Opening balance: ₹2600
Debit: ₹100
Credit: ₹450
Credit: ₹200
Debit: ₹50
What is the closing balance (in ₹)? - 38.Rahul has 4 coins of ₹10 and 5 coins of ₹5. How many rupees does Rahul have?
- 39.Isha has 3 coins of ₹10 and 5 coins of ₹2. How many rupees does Isha have?
- 40.Ishaan’s class stall spends ₹425 to make 15 friendship bands and sells all of them at ₹25 each. What is the loss (in ₹)?
Answer key
- 280
- 16
- 42
- 6
- 12
- four 5-rupee coins
- 77
- 485
- 8
- 5
- 80
- 750
- 2 kg bag
- 96
- Shop B
- 730
- Shop B
- 2
- Need
- 20
- 5
- 35
- 89 rupees
- 84
- a toy robot
- 15
- a sticker album
- 16
- 990
- 140
- 1520
- 920
- Shop A
- Shop A
- 1050
- 40
- 3100
- 65
- 40
- 50
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids