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.Lakshmi keeps ₹1400 in a bank at 10% simple interest per year. How much money will there be after 4 years (in ₹)?
- 2.Diya has ₹400 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Diya can buy?
- 3.Aarav gets ₹200 pocket money every month. How many rupees is that in one year (12 months)?
- 4.Gurpreet has ₹1800. In a piggy bank it stays ₹1800. In a bank at 6% simple interest per year, how many rupees more will Gurpreet have after 3 years?
- 5.For Priya, is “a glitter pen set” a need or a want? (a) Need (b) Want
- 6.Aarav sees that ₹1000 was sent to a wrong number by mistake. What should Aarav do first? (a) Keep it a secret (b) Pay again to fix it (c) Tell a parent at once
- 7.Manav has 2 notes of ₹200 and 4 notes of ₹100. How many rupees does Manav have?
- 8.A football costs ₹860. Offer 1: 25% off. Offer 2: ₹230 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 9.One geometry box costs ₹120. How much do 8 geometry boxes cost (in ₹)?
- 10.Gurpreet wants a gift for Mum that costs ₹355, has ₹120 already and saves ₹80 every week. In how many weeks will Gurpreet have enough?
- 11.Arjun pays a bill of ₹2000 by UPI. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 12.The bill for 2 T-shirts and a notebook is ₹530. A T-shirt costs ₹250. What does the notebook cost (in ₹)?
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13.Price list: sharpener ₹6, balloon ₹7, biscuit packet ₹12, notebook ₹35.
How many rupees more does a notebook cost than a sharpener? -
14.Ishaan’s passbook:
Opening balance: ₹2500
Debit: ₹100
Debit: ₹400
Credit: ₹450
Credit: ₹500
What is the total of all the debits (in ₹)? - 15.A stall pays ₹20 for each greeting card and sells each one for ₹22. It sells 22 greeting cards. What is the total profit (in ₹)?
- 16.How many storybooks can you buy with ₹690 if one costs ₹115?
- 17.Shop A sells a T-shirt for ₹240 with free delivery. Shop B sells it for ₹230 plus ₹80 delivery. How many rupees do you save by buying from the cheaper shop?
- 18.Aditya’s class stall spends ₹230 to make 22 cups of lemonade and sells all of them at ₹10 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 19.32 children go on a school trip to the planetarium. The bus costs ₹30 for each child and the ticket costs ₹20 for each child. What is the total cost (in ₹)?
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20.Price list: toffee ₹1, balloon ₹9, glue stick ₹15, crayon box ₹30.
How much do a glue stick and a balloon cost together (in ₹)? -
21.Price list: toffee ₹3, balloon ₹10, biscuit packet ₹12, kite ₹17.
How much do a biscuit packet and a toffee cost together (in ₹)? - 22.How many coins of ₹2 does Karan need to make ₹16?
- 23.How many ₹5 coins make a ₹10 coin?
- 24.A jacket costs ₹500. Offer 1: 25% off. Offer 2: ₹70 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 25.Shop A sells 3 samosas for ₹51. Shop B sells 4 samosas for ₹56. Which shop is cheaper for one samosa? (a) Shop B (b) Shop A
- 26.Lakshmi spends ₹250 of ₹500 pocket money on books. What percent is that?
- 27.₹25 − ₹7 =
- 28.Farhan has 5 coins of ₹20. How many rupees does Farhan have?
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29.Price list: ruler ₹14, kite ₹15, samosa ₹12, biscuit packet ₹17.
How many rupees more does a biscuit packet cost than a ruler? - 30.Zoya wants a cricket bat that costs ₹670, has ₹250 already and saves ₹20 every week. In how many weeks will Zoya have enough?
- 31.27 children go on a school trip to the planetarium. The bus costs ₹80 for each child and the ticket costs ₹30 for each child. What is the total cost (in ₹)?
- 32.Lakshmi’s piggy bank has 2 coins of ₹20, 3 coins of ₹5 and 5 coins of ₹1. How many rupees are in it?
- 33.Count up to find the change from ₹100: ₹28 + ₹? = ₹100
- 34.A kite costs ₹11. Kavya pays ₹20. How much change does Kavya get (in ₹)?
- 35.A jigsaw puzzle costs ₹53. Ananya has ₹5 and ₹2. How many more rupees does Ananya need?
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36.Vivaan’s passbook:
Opening balance: ₹1700
Credit (money in): ₹500
Debit (money out): ₹?
Closing balance: ₹1800
How many rupees was the debit? - 37.Shop A sells a water bottle for ₹190 with free delivery. Shop B sells it for ₹245 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 38.A raincoat costs ₹1000. Offer 1: 10% off. Offer 2: ₹440 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 39.Gurpreet has 4 notes of ₹200. How many rupees does Gurpreet have?
- 40.Vivaan sells 12 friendship bands at ₹20 each. How many rupees does Vivaan get?
Answer key
- 1960
- 8
- 2400
- 324
- Want
- Tell a parent at once
- 800
- Offer 2
- 960
- 3
- Debit
- 30
- 29
- 500
- 44
- 6
- 70
- Loss
- 1600
- 24
- 15
- 8
- 2
- Offer 1
- Shop B
- 50
- 18
- 100
- 3
- 21
- 2970
- 60
- 72
- 9
- 46
- 400
- 75
- Offer 2
- 800
- 240
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids