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 ₹20?
- 2.Sneha’s class stall spends ₹180 to make 14 cupcakes and sells all of them at ₹10 each. What is the loss (in ₹)?
- 3.₹5.50 + ₹3 =
- 4.₹620 − ₹580 =
- 5.The bill for a badminton racket and a pen is ₹405. A badminton racket costs ₹385. What does the pen cost (in ₹)?
- 6.For Rahul, is “a warm blanket” a need or a want? (a) Need (b) Want
- 7.Saanvi has ₹1000 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Saanvi can buy?
- 8.Rahul spends ₹250 of ₹1000 pocket money on books. What percent is that?
- 9.Pooja keeps ₹500 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
- 10.Diya has 9 coins of ₹2. Aditya has 4 coins of ₹5. Who has less money? (a) Aditya (b) Diya
- 11.How many coins of ₹5 does Nisha need to make ₹25?
- 12.For Pooja, is “school shoes” a need or a want? (a) Need (b) Want
- 13.Which is the biggest amount: ₹24, ₹41 or ₹75? (a) 24 rupees (b) 75 rupees (c) 41 rupees
- 14.Lakshmi’s class stall spends ₹500 to make 40 cupcakes and sells all of them at ₹10 each. What is the loss (in ₹)?
- 15.Priya wants a football that costs ₹520. Priya saves ₹20 every week. How many weeks will it take?
- 16.Vivaan has ₹1400. In a piggy bank it stays ₹1400. In a bank at 7% simple interest per year, how many rupees more will Vivaan have after 4 years?
- 17.4 footballs cost ₹1600. How much do 6 footballs cost (in ₹)?
- 18.Ananya wants to save ₹600 for a storybook set in 12 weeks, the same amount each week. How many rupees must Ananya save each week?
- 19.7 notebooks cost ₹350. How much do 2 notebooks cost (in ₹)?
- 20.Joseph has 6 coins of ₹10. How many rupees does Joseph have?
- 21.Arjun keeps ₹1600 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 2 years?
- 22.A 1 kg bag of potatoes costs ₹28. A 10 kg bag costs ₹340. Which bag is cheaper per kg? (a) 1 kg bag (b) 10 kg bag
- 23.Which coins and notes make exactly ₹17? (a) 10 + 5 + 2 (b) 100 + 10 + 2 (c) 10 + 2 + 1
- 24.A stall pays ₹11 for each cupcake and sells each one for ₹17. It sells 16 cupcakes. What is the total profit (in ₹)?
- 25.Pooja keeps ₹800 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 5 years?
- 26.Rohan has ₹500 for a picnic. Food costs ₹130 and tickets cost ₹370. Is ₹500 enough? (a) Yes (b) No
- 27.What is the smallest number of coins and notes that make ₹49?
- 28.Shop A sells 3 notebooks for ₹120. Shop B sells 5 notebooks for ₹225. What does one notebook cost at the cheaper shop (in ₹)?
- 29.There are 30 children in a class. Each child needs one plate of idli at ₹55. What is the total cost (in ₹)?
- 30.Diya’s class stall spends ₹880 to make 39 cups of lemonade and sells all of them at ₹20 each. What is the loss (in ₹)?
- 31.Meera saves ₹70 every week for 4 weeks, then buys a gift for Mum for ₹70. How many rupees are left?
- 32.How many paise are there in ₹2.50?
- 33.Zoya has 3 notes of ₹10. Ananya has 8 coins of ₹5. Who has more money? (a) Ananya (b) Zoya
- 34.What is the smallest number of coins and notes that make ₹123?
- 35.₹940 − ₹830 =
- 36.There are 38 children in a class. Each child needs one notebook at ₹35. What is the total cost (in ₹)?
- 37.A lunch box costs ₹185 online. Delivery is ₹60 and a coupon takes ₹40 off. What is the final price (in ₹)?
- 38.Pooja had ₹57. Pooja spent ₹30 on a crayon box. How many rupees are left?
- 39.₹700 earns 4% simple interest per year. In how many years will the interest be ₹112?
- 40.Riya buys a banana for ₹6 and a glue stick for ₹19. How many rupees does Riya spend in all?
Answer key
- 2000
- 40
- 8.5
- 40
- 20
- Need
- 20
- 25
- 560
- Diya
- 5
- Need
- 75 rupees
- 100
- 26
- 392
- 2400
- 50
- 100
- 60
- 192
- 1 kg bag
- 10 + 5 + 2
- 96
- 200
- Yes
- 5
- 40
- 1650
- 100
- 210
- 250
- Ananya
- 4
- 110
- 1330
- 205
- 27
- 4
- 25
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids