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 raincoat costs ₹560. The shop gives 20% off. How many rupees is the discount?
- 2.Arjun has 9 coins of ₹5. Diya has 5 notes of ₹10. Who has more money? (a) Arjun (b) Diya
- 3.800 paise is how many rupees? =
- 4.Joseph has ₹500 for a picnic. Food costs ₹160 and tickets cost ₹290. Is ₹500 enough? (a) No (b) Yes
- 5.5 cricket balls cost ₹525. How much do 10 cricket balls cost (in ₹)?
- 6.Nisha wants a storybook set that costs ₹530, has ₹160 already and saves ₹100 every week. In how many weeks will Nisha have enough?
- 7.Arjun buys a pen (₹18), a geometry box (₹125), a storybook (₹180) and a water bottle (₹155). What is the total (in ₹)?
- 8.Which is the smallest amount: ₹61, ₹48 or ₹26? (a) 26 rupees (b) 61 rupees (c) 48 rupees
- 9.Which is worth more: a ₹500 note or a ₹100 note? (a) 500-rupee note (b) 100-rupee note
- 10.After 50% off, a pair of shoes costs ₹490. What was the price before the sale (in ₹)?
- 11.Kavya gets a link: “Click now to win a phone worth ₹5000!” What should Kavya do? (a) Send it to friends (b) Ignore it, tell a parent (c) Click it to win
- 12.How many coins of ₹5 does Kabir need to make ₹20?
- 13.Manav has ₹430 for return gifts. Each gift costs ₹25. What is the greatest number of gifts Manav can buy?
- 14.Vivaan buys a toffee for ₹1 and a notebook for ₹40, and pays ₹50. How much change does Vivaan get (in ₹)?
- 15.₹600 earns 2% simple interest per year. In how many years will the interest be ₹48?
- 16.Rohan’s mother has ₹2000 in her bank account. She pays ₹370 for school books and ₹170 for medicines by UPI. How many rupees are left in the account?
- 17.A school bag costs ₹560. Offer 1: 20% off. Offer 2: ₹180 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
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18.Price list: banana ₹8, ice candy ₹10, eraser ₹4, toffee ₹1.
Kabir has ₹100 and buys an ice candy. How many rupees are left? - 19.Isha buys a ruler for ₹9 and a glue stick for ₹15, and pays ₹50. How much change does Isha get (in ₹)?
- 20.Dev has ₹3. A pencil costs ₹3. Does Dev have enough money to buy it? (a) Yes (b) No
- 21.₹160 + ₹390 =
- 22.One lunch box costs ₹155. How much do 4 lunch boxes cost (in ₹)?
- 23.Kabir is making a shopping list. Which of these is a need? (a) a toy robot (b) a remote-control car (c) a warm blanket (d) a bigger TV
- 24.Aditya makes 2 clay diyas an hour and sells each one for ₹5. How many rupees can Aditya earn from 3 hours of work?
- 25.Rahul has 3 notes of ₹10. Aarav has 8 notes of ₹20. Who has more money? (a) Rahul (b) Aarav
- 26.Priya has 6 notes of ₹50. How many rupees does Priya have?
- 27.Rahul has ₹1. A balloon costs ₹5. Does Rahul have enough money to buy it? (a) No (b) Yes
- 28.Arjun has ₹1300. In a piggy bank it stays ₹1300. In a bank at 5% simple interest per year, how many rupees more will Arjun have after 3 years?
- 29.Ishaan’s piggy bank has 5 coins of ₹20, 5 coins of ₹2 and 5 coins of ₹1. How many rupees are in it?
- 30.Arjun has 2 coins of ₹1 and 2 coins of ₹10. How many rupees does Arjun have?
- 31.Lakshmi had ₹27. Lakshmi spent ₹23 on a glue stick. How many rupees are left?
- 32.Tara has one ₹2 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 33.Nisha’s class stall spends ₹200 to make 40 friendship bands and sells all of them at ₹10 each. What is the profit (in ₹)?
- 34.Isha’s piggy bank has 1 coin of ₹20, 1 coin of ₹10 and 1 coin of ₹1. How many rupees are in it?
- 35.Zoya has 2 notes of ₹100 and 3 notes of ₹50. How many rupees does Zoya have?
- 36.Joseph buys a geometry box (₹105), a football (₹285), a school bag (₹585) and a samosa (₹18). What is the total (in ₹)?
- 37.4 cricket balls cost ₹540. How much do 9 cricket balls cost (in ₹)?
- 38.Which is the same money as one ₹100 note? (a) four 20-rupee notes (b) two 20-rupee notes (c) five 20-rupee notes
- 39.Rohan buys a notebook for ₹60 and a lunch box for ₹225, and pays with a ₹500 note. How much change does Rohan get (in ₹)?
- 40.How many plates of idli can you buy with ₹270 if one costs ₹30?
Answer key
- 112
- Diya
- 8
- Yes
- 1050
- 4
- 478
- 26 rupees
- 500-rupee note
- 980
- Ignore it, tell a parent
- 4
- 17
- 9
- 4
- 1460
- Offer 2
- 90
- 26
- Yes
- 550
- 620
- a warm blanket
- 30
- Aarav
- 300
- No
- 195
- 115
- 22
- 4
- Coin
- 200
- 31
- 350
- 993
- 1215
- five 20-rupee notes
- 215
- 9
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids