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 badminton rackets can you buy with ₹4770 if one costs ₹530?
- 2.Which is the same money as one ₹10 note? (a) three 2-rupee coins (b) four 2-rupee coins (c) five 2-rupee coins
- 3.A study lamp costs ₹200. The shop gives 25% off. What is the sale price (in ₹)?
- 4.Manav makes 4 clay diyas an hour and sells each one for ₹10. How many rupees can Manav earn from 4 hours of work?
- 5.Which is the same money as one ₹20 note? (a) five 10-rupee notes (b) two 10-rupee notes (c) three 10-rupee notes
- 6.After 25% off, a football costs ₹690. What was the price before the sale (in ₹)?
- 7.Dev saves ₹70 every week for 5 weeks, then buys a cricket bat for ₹340. How many rupees are left?
- 8.Ishaan’s class stall spends ₹140 to make 30 cupcakes and sells all of them at ₹5 each. What is the profit (in ₹)?
- 9.Of a ₹41000 monthly budget, 10% goes on rent and 50% on electricity. The rest is saved. How many rupees are saved?
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10.Price list: balloon ₹5, glue stick ₹15, biscuit packet ₹11, sharpener ₹8.
Which item costs the least? (a) sharpener (b) biscuit packet (c) glue stick (d) balloon - 11.A pair of shoes costs ₹660. The shop gives 10% off. What is the sale price (in ₹)?
- 12.For Priya, is “bus fare to school” a need or a want? (a) Want (b) Need
- 13.A board game costs ₹820. The shop gives 50% off. What is the sale price (in ₹)?
- 14.Ananya got ₹190 in 2 weeks, the same amount every week. How many rupees is that each week?
- 15.Farhan wants an art kit that costs ₹240. Farhan saves ₹40 every week. How many weeks will it take?
- 16.Priya buys an eraser for ₹2 and a glue stick for ₹25, and pays ₹50. How much change does Priya get (in ₹)?
- 17.A badminton racket costs ₹525 online. Delivery is ₹80 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 18.Pooja wants a cricket bat that costs ₹450. Pooja saves ₹90 every week. How many weeks will it take?
- 19.1450 paise is how many rupees? =
- 20.What do 2 storybooks at ₹165 each and 2 pens at ₹17 each cost in all (in ₹)?
- 21.Kavya sells 32 greeting cards at ₹5 each. How many rupees does Kavya get?
- 22.Vivaan buys a pen for ₹14 and pays with a ₹100 note. How much change does Vivaan get (in ₹)?
- 23.Which is worth more: a ₹500 note or a ₹5 coin? (a) 5-rupee coin (b) 500-rupee note
- 24.Sneha has ₹21. A glue stick costs ₹19. Does Sneha have enough money to buy it? (a) Yes (b) No
- 25.Lakshmi has ₹30. A juice box costs ₹25. Does Lakshmi have enough money to buy it? (a) Yes (b) No
- 26.Shop A sells 4 geometry boxes for ₹420. Shop B sells 2 geometry boxes for ₹160. What does one geometry box cost at the cheaper shop (in ₹)?
- 27.Lakshmi’s father is sending ₹500 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
- 28.₹77 − ₹16 =
- 29.Which is worth more: a ₹100 note or a ₹5 coin? (a) 100-rupee note (b) 5-rupee coin
- 30.Which coins and notes make exactly ₹106? (a) 100 + 20 + 5 (b) 100 + 5 + 1 (c) 100 + 50 + 1
- 31.Aditya has ₹1000. In a piggy bank it stays ₹1000. In a bank at 3% simple interest per year, how many rupees more will Aditya have after 2 years?
- 32.Pooja has 8 coins of ₹1. Isha has 7 notes of ₹20. Who has more money? (a) Isha (b) Pooja
- 33.How many plates of idli can you buy with ₹360 if one costs ₹40?
- 34.Shop A sells a school bag for ₹595 with free delivery. Shop B sells it for ₹500 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
- 35.Aarav keeps ₹1200 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
- 36.Rohan’s mother has ₹2400 in her bank account. She pays ₹220 for milk and ₹170 for vegetables by UPI. How many rupees are left in the account?
- 37.Tara has one ₹50 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 38.Which is worth more: a ₹10 note or a ₹50 note? (a) 50-rupee note (b) 10-rupee note
- 39.Ananya buys a pair of socks for ₹65 and a geometry box for ₹85, and pays with a ₹500 note. How much change does Ananya get (in ₹)?
- 40.Isha wants a gift for Mum that costs ₹340, has ₹120 already and saves ₹30 every week. In how many weeks will Isha have enough?
Answer key
- 9
- five 2-rupee coins
- 150
- 160
- two 10-rupee notes
- 920
- 10
- 10
- 16400
- balloon
- 594
- Need
- 410
- 95
- 6
- 23
- 595
- 5
- 14.5
- 364
- 160
- 86
- 500-rupee note
- Yes
- Yes
- 80
- The name and amount
- 61
- 100-rupee note
- 100 + 5 + 1
- 60
- Isha
- 9
- 45
- 96
- 2010
- Note
- 50-rupee note
- 350
- 8
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids