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 stall pays ₹11 for each cup of lemonade and sells each one for ₹13. It sells 22 cups of lemonade. What is the total profit (in ₹)?
- 2.Priya has ₹500. In a piggy bank it stays ₹500. In a bank at 2% simple interest per year, how many rupees more will Priya have after 2 years?
- 3.Kabir buys an eraser for ₹5 and a ruler for ₹9. How many rupees does Kabir spend in all?
- 4.₹600 earns 7% simple interest per year. In how many years will the interest be ₹42?
- 5.How many ₹10 coins make a ₹20 coin?
- 6.₹47 + ₹26 =
- 7.A day trip costs ₹770 in all. 7 friends share the cost equally. How much does each friend pay (in ₹)?
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8.Price list: eraser ₹3, banana ₹5, ice candy ₹14, notebook ₹45.
How many rupees more does an ice candy cost than a banana? - 9.Kabir buys a pen for ₹12 and pays with a ₹100 note. How much change does Kabir get (in ₹)?
- 10.₹1000 earns 10% simple interest per year. In how many years will the interest be ₹400?
- 11.Riya buys a pen for ₹21 and pays with a ₹100 note. How much change does Riya get (in ₹)?
- 12.A toy train costs ₹420. Offer 1: 10% off. Offer 2: ₹170 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 13.A 1 kg bag of onions costs ₹48. A 5 kg bag costs ₹170. How many rupees per kg do you save with the cheaper bag?
- 14.A dozen (12) guavas cost ₹60. What does one cost (in ₹)?
- 15.What is the smallest number of coins and notes that make ₹139?
- 16.Pooja wants an art kit that costs ₹330. Pooja saves ₹30 every week. How many weeks will it take?
- 17.Shop A sells a T-shirt for ₹395 with free delivery. Shop B sells it for ₹250 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
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18.Price list: kite ₹22, sharpener ₹9, glue stick ₹18, balloon ₹8.
Rohan has ₹20 and buys a glue stick. How many rupees are left? - 19.Shop A sells a T-shirt for ₹395 with free delivery. Shop B sells it for ₹340 plus ₹80 delivery. How many rupees do you save by buying from the cheaper shop?
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20.Price list: ice candy ₹8, crayon box ₹35, sharpener ₹4, glue stick ₹23.
How much do an ice candy and a glue stick cost together (in ₹)? -
21.Price list: pencil ₹3, ruler ₹14, crayon box ₹35, biscuit packet ₹19.
How much do 4 biscuit packets cost (in ₹)? - 22.1750 paise is how many rupees? =
- 23.Pooja sees that ₹2000 was sent to a wrong number by mistake. What should Pooja do first? (a) Pay again to fix it (b) Tell a parent at once (c) Keep it a secret
- 24.How many coins of ₹20 does Pooja need to make ₹100?
- 25.Gurpreet has ₹7. A ruler costs ₹8. Does Gurpreet have enough money to buy it? (a) No (b) Yes
- 26.One kite costs ₹17. A pack of 3 kites costs ₹49. How many rupees do you save by buying the pack instead of 3 single ones?
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27.Tara’s shop bill:
1 pair of socks at ₹90
1 pen at ₹24
3 geometry boxes at ₹130 each
What is the total bill (in ₹)? - 28.₹? + ₹2 + ₹1 = ₹103
- 29.Vivaan got ₹135 in 3 weeks, the same amount every week. How many rupees is that each week?
- 30.Shop A sells a lunch box for ₹225 with free delivery. Shop B sells it for ₹185 plus ₹30 delivery. How many rupees do you save by buying from the cheaper shop?
- 31.Which is the smallest amount: ₹45, ₹91 or ₹70? (a) 91 rupees (b) 70 rupees (c) 45 rupees
- 32.How many ₹10 notes make a ₹100 note?
- 33.Aarav has ₹53 in a piggy bank. Nani gives Aarav ₹38 more. How many rupees does Aarav have now?
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34.Price list: toffee ₹1, kite ₹15, glue stick ₹25, sticker sheet ₹5.
How much do a glue stick and a toffee cost together (in ₹)? - 35.Rahul’s class stall spends ₹150 to make 26 greeting cards and sells all of them at ₹10 each. What is the profit (in ₹)?
- 36.₹56 − ₹40 =
- 37.One sticker sheet costs ₹10. A pack of 3 sticker sheets costs ₹26. How many rupees do you save by buying the pack instead of 3 single ones?
- 38.How many paise are there in ₹11.50?
- 39.Diya is making a shopping list. Which of these is a want? (a) a raincoat (b) extra comic books (c) drinking water (d) notebooks for school
- 40.Arjun has a budget of ₹500 for a birthday party. The balloons cost ₹60, the cake cost ₹100 and the decorations cost ₹30. How many rupees are left?
Answer key
- 44
- 20
- 14
- 1
- 2
- 73
- 110
- 9
- 88
- 4
- 79
- Offer 2
- 14
- 5
- 6
- 11
- 95
- 2
- 25
- 31
- 76
- 17.5
- Tell a parent at once
- 5
- No
- 2
- 504
- 100
- 45
- 10
- 45 rupees
- 10
- 91
- 26
- 110
- 16
- 4
- 1150
- extra comic books
- 310
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids