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 pair of shoes costs ₹440. Offer 1: 25% off. Offer 2: ₹200 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 2.A 1 kg bag of onions costs ₹49. A 10 kg bag costs ₹580. Which bag is cheaper per kg? (a) 10 kg bag (b) 1 kg bag
- 3.3 friends run a stall selling plates of bhel and make a profit of ₹240. They share it equally. How many rupees does each friend get?
- 4.Meera keeps ₹1600 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 3 years?
- 5.Kavya makes 6 clay diyas an hour and sells each one for ₹20. How many rupees can Kavya earn from 3 hours of work?
- 6.Which coins and notes make exactly ₹31? (a) 100 + 10 + 1 (b) 50 + 10 + 1 (c) 20 + 10 + 1
- 7.Which is the same money as one ₹200 note? (a) four 100-rupee notes (b) two 100-rupee notes (c) five 100-rupee notes
- 8.Meera keeps ₹1400 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
- 9.Rahul has ₹780 for return gifts. Each gift costs ₹30. What is the greatest number of gifts Rahul can buy?
- 10.Joseph has 4 notes of ₹100. Riya has 5 coins of ₹2. Who has less money? (a) Joseph (b) Riya
- 11.A biscuit packet costs ₹15 and a sticker sheet costs ₹8. How many rupees more does the biscuit packet cost?
- 12.After 10% off, a board game costs ₹864. What was the price before the sale (in ₹)?
- 13.Arjun got ₹150 in 5 weeks, the same amount every week. How many rupees is that each week?
- 14.Arjun gets ₹8 every day. How many rupees is that in one week (7 days)?
- 15.Pooja has 4 notes of ₹50. How many rupees does Pooja have?
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16.Ananya’s shop bill:
1 badminton racket at ₹325
1 cricket ball at ₹100
4 notebooks at ₹30 each
What is the total bill (in ₹)? - 17.7 footballs cost ₹2520. What does one football cost (in ₹)?
- 18.Gurpreet has ₹26. A notebook costs ₹25. Does Gurpreet have enough money to buy it? (a) No (b) Yes
- 19.₹2 + ₹? + ₹20 = ₹32
- 20.₹39 + ₹29 + ₹21 =
- 21.Aditya has ₹650. First Aditya pays for needs: a raincoat (₹130) and a geometry box (₹90). How many rupees are left for wants?
- 22.Kabir buys a banana for ₹5 and a biscuit packet for ₹19. How many rupees does Kabir spend in all?
- 23.Pooja has ₹760 for return gifts. Each gift costs ₹40. What is the greatest number of gifts Pooja can buy?
- 24.Riya buys a school bag (₹530), a plate of idli (₹35), a cricket ball (₹100) and a storybook (₹140). What is the total (in ₹)?
- 25.Which is worth more: a ₹200 note or a ₹50 note? (a) 200-rupee note (b) 50-rupee note
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26.Nisha’s shop bill:
2 mangoes at ₹20 each
1 pair of socks at ₹80
4 geometry boxes at ₹145 each
What is the total bill (in ₹)? - 27.Riya has 2 coins of ₹5. How many rupees does Riya have?
- 28.Which is worth more: a ₹200 note or a ₹5 coin? (a) 5-rupee coin (b) 200-rupee note
- 29.Pooja’s class stall spends ₹820 to make 39 clay diyas and sells all of them at ₹20 each. What is the loss (in ₹)?
- 30.How many coins of ₹20 does Sneha need to make ₹80?
- 31.Of a ₹33000 monthly budget, 40% goes on food and 20% on travel. The rest is saved. What percent is saved?
- 32.Diya deposits ₹350 of birthday money. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 33.Which coins and notes make exactly ₹75? (a) 50 + 20 + 5 (b) 20 + 20 + 5 (c) 50 + 5 + 2
- 34.Gurpreet has 4 coins of ₹5. Vivaan has 6 coins of ₹2. Who has more money? (a) Vivaan (b) Gurpreet
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35.Rohan’s shop bill:
1 lunch box at ₹160
3 colour pencil sets at ₹80 each
2 footballs at ₹300 each
What is the total bill (in ₹)? - 36.Kabir’s piggy bank has 1 coin of ₹10, 5 coins of ₹5 and 3 coins of ₹2. How many rupees are in it?
- 37.One geometry box costs ₹135. How much do 9 geometry boxes cost (in ₹)?
- 38.₹350 + ₹90 =
- 39.A dozen (12) guavas cost ₹48. What does one cost (in ₹)?
- 40.What is the smallest number of coins and notes that make ₹120?
Answer key
- Offer 2
- 1 kg bag
- 80
- 432
- 360
- 20 + 10 + 1
- two 100-rupee notes
- 1624
- 26
- Riya
- 7
- 960
- 30
- 56
- 200
- 545
- 360
- Yes
- 10
- 89
- 430
- 24
- 19
- 805
- 200-rupee note
- 700
- 10
- 200-rupee note
- 40
- 4
- 40
- Credit
- 50 + 20 + 5
- Gurpreet
- 1000
- 41
- 1215
- 440
- 4
- 2
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids