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.Ishaan buys a banana for ₹7 and a samosa for ₹18, and pays ₹50. How much change does Ishaan get (in ₹)?
- 2.A football costs ₹900. The shop gives 50% off. How many rupees is the discount?
- 3.Shop A sells 2 mangoes for ₹70. Shop B sells 4 mangoes for ₹100. Which shop is cheaper for one mango? (a) Shop A (b) Shop B
- 4.Saanvi spends ₹180 to start a stall and sells each paper bookmark for ₹30. What is the smallest number Saanvi must sell to get back the ₹180?
- 5.Lakshmi has 4 notes of ₹200, 3 notes of ₹20 and 5 coins of ₹5. How many rupees does Lakshmi have?
- 6.A stall pays ₹16 for each cup of lemonade and sells each one for ₹19. It sells 38 cups of lemonade. What is the total profit (in ₹)?
- 7.Isha has 5 notes of ₹100. How many rupees does Isha have?
- 8.Count up to find the change from ₹500: ₹329 + ₹? = ₹500
- 9.8 badminton rackets cost ₹2600. What does one badminton racket cost (in ₹)?
-
10.Price list: kite ₹24, samosa ₹14, balloon ₹7, ruler ₹8.
How much do a samosa and a ruler cost together (in ₹)? - 11.Riya has one ₹200 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 12.For Joseph, is “a schoolbag” a need or a want? (a) Want (b) Need
- 13.₹2000 earns 6% simple interest per year. In how many years will the interest be ₹600?
- 14.Gurpreet’s father is sending ₹5000 to a friend by UPI. What should he check before he pays? (a) Only the phone colour (b) The name and amount (c) Nothing at all
- 15.Nisha spends ₹70 to start a stall and sells each cupcake for ₹10. What is the smallest number Nisha must sell to get back the ₹70?
- 16.Dev has 3 coins of ₹5 and 6 coins of ₹2. How many rupees does Dev have?
- 17.A pair of shoes costs ₹960. The shop gives 10% off. What is the sale price (in ₹)?
- 18.950 paise is how many rupees? =
- 19.Aditya had ₹95. Aditya spent ₹3 on an eraser. How many rupees are left?
- 20.Ishaan wants a gift for Mum that costs ₹230, has ₹70 already and saves ₹40 every week. In how many weeks will Ishaan have enough?
- 21.One toffee costs 50 paise. How many rupees do 6 toffees cost? =
- 22.A 10 kg bag of potatoes costs ₹300. A 5 kg bag costs ₹155. How many rupees per kg do you save with the cheaper bag?
- 23.A water bottle costs ₹920. The shop gives 50% off. How many rupees is the discount?
- 24.5 samosas cost ₹65. How much do 8 samosas cost (in ₹)?
- 25.Which is worth the most: a ₹10 note, a ₹1 coin or a ₹500 note? (a) 1-rupee coin (b) 10-rupee note (c) 500-rupee note
- 26.Priya buys a notebook for ₹35 and a samosa for ₹10, and pays ₹50. How much change does Priya get (in ₹)?
-
27.Sneha’s passbook:
Opening balance: ₹2000
Credit (money in): ₹900
Debit (money out): ₹?
Closing balance: ₹1700
How many rupees was the debit? - 28.How many coins of ₹5 does Diya need to make ₹10?
- 29.A raincoat costs ₹160. The shop gives 50% off. How many rupees is the discount?
- 30.₹17 + ₹25 + ₹31 =
- 31.Aarav has ₹50 in a piggy bank. Dadi gives Aarav ₹36 more. How many rupees does Aarav have now?
- 32.A dozen (12) oranges cost ₹60. What does one cost (in ₹)?
- 33.Rahul has ₹1400. In a piggy bank it stays ₹1400. In a bank at 2% simple interest per year, how many rupees more will Rahul have after 4 years?
- 34.A stall pays ₹13 for each greeting card and sells each one for ₹20. It sells 34 greeting cards. What is the total profit (in ₹)?
- 35.Of a ₹47000 monthly budget, 20% goes on electricity and 50% on rent. The rest is saved. What percent is saved?
- 36.Nisha gets ₹7 every day. How many rupees is that in one week (7 days)?
- 37.A 10 kg bag of onions costs ₹600. A 1 kg bag costs ₹55. How many rupees per kg do you save with the cheaper bag?
- 38.After 10% off, a pair of shoes costs ₹900. What was the price before the sale (in ₹)?
- 39.Zoya buys a ruler for ₹9 and a crayon box for ₹35. How many rupees does Zoya spend in all?
- 40.Of a ₹13000 monthly budget, 30% goes on electricity and 10% on food. The rest is saved. What percent is saved?
Answer key
- 25
- 450
- Shop B
- 6
- 885
- 114
- 500
- 171
- 325
- 22
- Note
- Need
- 5
- The name and amount
- 7
- 27
- 864
- 9.5
- 92
- 4
- 3
- 1
- 460
- 104
- 500-rupee note
- 5
- 1200
- 2
- 80
- 73
- 86
- 5
- 112
- 238
- 30
- 49
- 5
- 1000
- 44
- 60
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids