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.How many paise are there in ₹1.50?
- 2.A toy train costs ₹120. Offer 1: 20% off. Offer 2: ₹30 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 3.Meera has one ₹100 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 4.5 friends run a stall selling paper bookmarks and make a profit of ₹650. They share it equally. How many rupees does each friend get?
- 5.Vivaan has 8 coins of ₹5. Farhan has 5 coins of ₹2. How many more rupees does Vivaan have?
- 6.Lakshmi gets ₹100 a week, spends ₹95 each week and saves the rest. How many rupees has Lakshmi saved after 3 weeks?
- 7.One ice candy costs ₹13. A pack of 3 ice candies costs ₹36. How many rupees do you save by buying the pack instead of 3 single ones?
- 8.Ishaan has 9 coins of ₹5. How many rupees does Ishaan have?
- 9.Priya has ₹550. First Priya pays for needs: socks (₹170) and a lunch box (₹120). How many rupees are left for wants?
- 10.₹20 − ₹0.50 =
- 11.8 cricket balls cost ₹1200. What does one cricket ball cost (in ₹)?
- 12.Ishaan keeps ₹1600 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
- 13.There are 21 children in a class. Each child needs one pen at ₹12. What is the total cost (in ₹)?
- 14.Nisha has ₹300 for a picnic. Food costs ₹70 and tickets cost ₹250. Is ₹300 enough? (a) No (b) Yes
- 15.Ananya’s class stall spends ₹780 to make 40 plates of bhel and sells all of them at ₹20 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 16.After 50% off, a toy train costs ₹400. What was the price before the sale (in ₹)?
- 17.A toy train costs ₹840. The shop gives 50% off. How many rupees is the discount?
- 18.A 10 kg bag of potatoes costs ₹390. A 2 kg bag costs ₹80. Which bag is cheaper per kg? (a) 2 kg bag (b) 10 kg bag
- 19.Aarav got ₹200 in 2 weeks, the same amount every week. How many rupees is that each week?
- 20.Saanvi has 3 notes of ₹100, 3 notes of ₹20 and 4 coins of ₹1. How many rupees does Saanvi have?
- 21.Meera is making a shopping list. Which of these is a want? (a) soap (b) rice and dal (c) designer sunglasses (d) medicine when ill
- 22.A drawing book costs ₹39.50. Rahul pays ₹50. How much change does Rahul get, in rupees? =
- 23.Rahul gets ₹200 pocket money every month. How many rupees is that in one year (12 months)?
- 24.Isha has ₹36 in a piggy bank. Nana gives Isha ₹25 more. How many rupees does Isha have now?
- 25.₹400 − ₹180 =
- 26.A toy train costs ₹920. Offer 1: 10% off. Offer 2: ₹410 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 27.One small sweet costs ₹2.50. How many rupees do 3 small sweets cost? =
- 28.A 1 kg bag of rice costs ₹62. A 2 kg bag costs ₹142. Which bag is cheaper per kg? (a) 2 kg bag (b) 1 kg bag
- 29.After 10% off, a jacket costs ₹252. What was the price before the sale (in ₹)?
- 30.Which coins and notes make exactly ₹23? (a) 50 + 20 + 1 (b) 20 + 2 + 1 (c) 2 + 1 + 1
- 31.Ishaan’s mother has ₹1100 in her bank account. She pays ₹180 for milk and ₹110 for fruit by UPI. How many rupees are left in the account?
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32.Rahul’s passbook:
Opening balance: ₹2200
Debit: ₹400
Credit: ₹50
Credit: ₹200
Debit: ₹300
What is the total of all the credits (in ₹)? - 33.One biscuit packet costs ₹16. A pack of 3 biscuit packets costs ₹46. How many rupees do you save by buying the pack instead of 3 single ones?
- 34.₹700 − ₹90 =
- 35.₹5 + ₹? + ₹100 = ₹155
- 36.₹29 + ₹10 =
- 37.Priya has 5 notes of ₹50 and 4 notes of ₹20. How many rupees does Priya have?
- 38.Shop A sells a cricket ball for ₹115 with free delivery. Shop B sells it for ₹125 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 39.Kabir gets ₹7 every day. How many rupees is that in one week (7 days)?
- 40.Tara buys a sticker sheet for ₹8 and a toffee for ₹1. How many rupees does Tara spend in all?
Answer key
- 150
- Offer 2
- Note
- 130
- 30
- 15
- 3
- 45
- 260
- 19.5
- 150
- 288
- 252
- No
- Profit
- 800
- 420
- 10 kg bag
- 100
- 364
- designer sunglasses
- 10.5
- 2400
- 61
- 220
- Offer 2
- 7.5
- 1 kg bag
- 280
- 20 + 2 + 1
- 810
- 250
- 2
- 610
- 50
- 39
- 330
- Shop A
- 49
- 9
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids