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.A family plans ₹36000 for the month. 10% of it is for food. How many rupees is that?
- 2.Which is worth the most: a ₹1 coin, a ₹500 note or a ₹100 note? (a) 100-rupee note (b) 500-rupee note (c) 1-rupee coin
- 3.A 1 kg bag of sugar costs ₹46. A 5 kg bag costs ₹200. Which bag is cheaper per kg? (a) 5 kg bag (b) 1 kg bag
- 4.One sticker sheet costs ₹7. A pack of 3 sticker sheets costs ₹17. How many rupees do you save by buying the pack instead of 3 single ones?
- 5.Arjun gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Arjun do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
- 6.Which is the smallest amount: ₹86, ₹97 or ₹88? (a) 88 rupees (b) 86 rupees (c) 97 rupees
- 7.Ananya’s class stall spends ₹460 to make 27 paper bookmarks and sells all of them at ₹30 each. What is the profit (in ₹)?
- 8.Joseph’s piggy bank has 5 coins of ₹20, 2 coins of ₹2 and 2 coins of ₹1. How many rupees are in it?
- 9.What do 4 lunch boxes at ₹170 each and 3 cricket balls at ₹140 each cost in all (in ₹)?
- 10.What do 4 lunch boxes at ₹285 each and 2 geometry boxes at ₹110 each cost in all (in ₹)?
- 11.Ananya buys 3 sharpeners at ₹9 each and pays ₹50. How much change does Ananya get (in ₹)?
- 12.Rahul buys a pencil for ₹5 and a notebook for ₹40. How many rupees does Rahul spend in all?
- 13.₹360 + ₹200 =
- 14.₹18 − ₹8.50 =
- 15.Kabir is making a shopping list. Which of these is a need? (a) sweets every day (b) a video game (c) a glitter pen set (d) a schoolbag
- 16.One pen costs ₹11. How much do 7 pens cost (in ₹)?
- 17.How many notes of ₹10 make ₹40?
- 18.After 50% off, a football costs ₹140. What was the price before the sale (in ₹)?
- 19.Shop A sells 4 pens for ₹88. Shop B sells 3 pens for ₹39. Which shop is cheaper for one pen? (a) Shop B (b) Shop A
- 20.Saanvi has 4 notes of ₹200. How many rupees does Saanvi have?
- 21.Ishaan has 6 coins of ₹20. How many rupees does Ishaan have?
- 22.Diya spends ₹100 of ₹500 pocket money on books. What percent is that?
- 23.The bill for 3 colour pencil sets and a notebook is ₹260. A colour pencil set costs ₹75. What does the notebook cost (in ₹)?
- 24.Diya’s class stall spends ₹210 to make 38 clay diyas and sells all of them at ₹10 each. What is the profit (in ₹)?
- 25.Which is worth more: a ₹10 note or a ₹1 coin? (a) 10-rupee note (b) 1-rupee coin
- 26.₹46 − ₹33 =
- 27.Joseph has 5 notes of ₹100 and 1 note of ₹50. How many rupees does Joseph have?
- 28.A 1 kg bag of tomatoes costs ₹51. A 5 kg bag costs ₹185. Which bag is cheaper per kg? (a) 1 kg bag (b) 5 kg bag
- 29.What do 3 colour pencil sets at ₹75 each and 3 notebooks at ₹50 each cost in all (in ₹)?
- 30.How many notes of ₹10 make ₹20?
- 31.Gurpreet buys 4 erasers at ₹2 each and pays ₹20. How much change does Gurpreet get (in ₹)?
- 32.Zoya spends ₹240 on things to make 13 cups of lemonade and sells them all at ₹20 each. How many rupees does Zoya earn after paying the costs?
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33.Riya’s shop bill:
3 T-shirts at ₹205 each
3 cricket balls at ₹105 each
4 notebooks at ₹45 each
What is the total bill (in ₹)? - 34.Rohan gets ₹70 a week, spends ₹35 each week and saves the rest. How many rupees has Rohan saved after 8 weeks?
- 35.A board game costs ₹780. Offer 1: 20% off. Offer 2: ₹240 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 36.Which is worth more: a ₹200 note or a ₹500 note? (a) 200-rupee note (b) 500-rupee note
- 37.A pair of shoes costs ₹460. Offer 1: 50% off. Offer 2: ₹80 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 38.3 friends run a stall selling paper bookmarks and make a profit of ₹1170. They share it equally. How many rupees does each friend get?
- 39.Which is the same money as one ₹50 note? (a) five 10-rupee notes (b) four 10-rupee notes (c) three 10-rupee notes
- 40.₹1900 earns 8% simple interest per year. In how many years will the interest be ₹152?
Answer key
- 3600
- 500-rupee note
- 5 kg bag
- 4
- Never share the OTP
- 86 rupees
- 350
- 106
- 1100
- 1360
- 23
- 45
- 560
- 9.5
- a schoolbag
- 77
- 4
- 280
- Shop B
- 800
- 120
- 20
- 35
- 170
- 10-rupee note
- 13
- 550
- 5 kg bag
- 375
- 2
- 12
- 20
- 1110
- 280
- Offer 2
- 500-rupee note
- Offer 1
- 390
- five 10-rupee notes
- 1
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids