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.Aarav had ₹70. Aarav spent ₹5 on an eraser. How many rupees are left?
- 2.Farhan sells 45 cups of lemonade at ₹20 each. How many rupees does Farhan get?
- 3.Diya is making a shopping list. Which of these is a need? (a) extra comic books (b) a third cricket bat (c) a schoolbag (d) a bigger TV
- 4.Aarav has 1 note of ₹100, 2 notes of ₹10 and 3 coins of ₹5. How many rupees does Aarav have?
- 5.Shop A sells a T-shirt for ₹260 with free delivery. Shop B sells it for ₹245 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
- 6.Gurpreet gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Gurpreet do? (a) Send it by message (b) Never share the OTP (c) Read the OTP out
- 7.Shop A sells a lunch box for ₹300 with free delivery. Shop B sells it for ₹165 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
- 8.₹45 + ₹43 =
- 9.3 friends run a stall selling cups of lemonade and make a profit of ₹1320. They share it equally. How many rupees does each friend get?
- 10.A pair of shoes costs ₹640. Offer 1: 50% off. Offer 2: ₹120 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
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11.Price list: pencil ₹5, juice box ₹25, notebook ₹45, banana ₹4.
Aditya has ₹50 and buys a pencil. How many rupees are left? - 12.Diya has ₹36 in a piggy bank. Chacha gives Diya ₹37 more. How many rupees does Diya have now?
- 13.Zoya buys a balloon for ₹10 and a banana for ₹7, and pays ₹50. How much change does Zoya get (in ₹)?
- 14.Priya spends ₹225 of ₹900 pocket money on books. What percent is that?
- 15.900 paise is how many rupees? =
- 16.Isha wants a wristwatch that costs ₹605, has ₹170 already and saves ₹30 every week. In how many weeks will Isha have enough?
- 17.A family plans ₹48000 for the month. 25% of it is for food. How many rupees is that?
- 18.Dev saves ₹50 every week for 12 weeks, then buys a gift for Mum for ₹40. How many rupees are left?
- 19.3 friends run a stall selling cupcakes and make a profit of ₹1230. They share it equally. How many rupees does each friend get?
- 20.Pooja keeps ₹300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
- 21.Riya has 9 coins of ₹1. How many rupees does Riya have?
- 22.Ishaan has ₹7. A pencil costs ₹3. Does Ishaan have enough money to buy it? (a) No (b) Yes
- 23.Aarav has 3 notes of ₹10. How many rupees does Aarav have?
- 24.A juice box costs ₹30 and an eraser costs ₹4. How many rupees more does the juice box cost?
- 25.₹320 + ₹380 =
- 26.Diya gets ₹100 a week, spends ₹10 each week and saves the rest. How many rupees has Diya saved after 8 weeks?
- 27.Diya is making a shopping list. Which of these is a want? (a) extra comic books (b) vegetables (c) a schoolbag (d) notebooks for school
- 28.Ananya has one ₹100 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 29.3 colour pencil sets cost ₹315. What does one colour pencil set cost (in ₹)?
- 30.Arjun has ₹1000. First Arjun pays for needs: school shoes (₹330) and socks (₹90). How many rupees are left for wants?
- 31.How many storybooks can you buy with ₹1850 if one costs ₹185?
- 32.A 2 kg bag of wheat flour costs ₹60. A 1 kg bag costs ₹45. How many rupees per kg do you save with the cheaper bag?
- 33.Rohan gets ₹80 a week, spends ₹55 each week and saves the rest. How many rupees has Rohan saved after 3 weeks?
- 34.Count up to find the change from ₹10: ₹5 + ₹? = ₹10
- 35.A day trip costs ₹140 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
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36.Isha’s shop bill:
4 pens at ₹19 each
4 T-shirts at ₹295 each
1 badminton racket at ₹505
What is the total bill (in ₹)? - 37.For Ishaan, is “milk” a need or a want? (a) Want (b) Need
- 38.One notebook costs ₹30. How much do 5 notebooks cost (in ₹)?
- 39.Which is the same money as one ₹20 note? (a) four 5-rupee coins (b) six 5-rupee coins (c) five 5-rupee coins
- 40.Shop A sells 6 mangoes for ₹150. Shop B sells 5 mangoes for ₹175. What does one mango cost at the cheaper shop (in ₹)?
Answer key
- 65
- 900
- a schoolbag
- 135
- 55
- Never share the OTP
- 65
- 88
- 440
- Offer 1
- 45
- 73
- 33
- 25
- 9
- 15
- 12000
- 560
- 410
- 6
- 9
- Yes
- 30
- 26
- 700
- 720
- extra comic books
- Note
- 105
- 580
- 10
- 15
- 75
- 5
- 70
- 1761
- Need
- 150
- four 5-rupee coins
- 25
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids