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 balloon costs ₹8. Priya pays ₹20. How much change does Priya get (in ₹)?
- 2.Arjun spends ₹180 to start a stall and sells each friendship band for ₹5. What is the smallest number Arjun must sell to get back the ₹180?
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3.Price list: glue stick ₹19, notebook ₹40, sharpener ₹5, juice box ₹30.
Which item costs the least? (a) juice box (b) glue stick (c) sharpener (d) notebook - 4.₹740 − ₹520 =
- 5.How many ₹100 notes make a ₹500 note?
- 6.A board game costs ₹420. The shop gives 10% off. How many rupees is the discount?
- 7.A stranger asks Kavya to scan a QR code to “get” ₹500. What is true? (a) QR codes are always safe (b) Scanning a QR pays money (c) It gives you money
- 8.A paint box costs ₹68. Priya has ₹10 and ₹5. How many more rupees does Priya need?
- 9.₹460 − ₹10 =
- 10.Farhan has 3 notes of ₹200 and 4 notes of ₹20. How many rupees does Farhan have?
- 11.Zoya wants a cricket bat that costs ₹560. Zoya saves ₹70 every week. How many weeks will it take?
- 12.Tara wants a football that costs ₹500. Tara saves ₹50 every week. How many weeks will it take?
- 13.Shop A sells 4 colour pencil sets for ₹320. Shop B sells 5 colour pencil sets for ₹350. Which shop is cheaper for one colour pencil set? (a) Shop A (b) Shop B
- 14.There are 14 children in a class. Each child needs one notebook at ₹30. What is the total cost (in ₹)?
- 15.Pooja has ₹1000 for a picnic. Food costs ₹170 and tickets cost ₹930. Is ₹1000 enough? (a) Yes (b) No
- 16.For Dev, is “a new party dress” a need or a want? (a) Want (b) Need
- 17.Priya keeps ₹1600 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
- 18.Farhan gets ₹13 every day. How many rupees is that in one week (7 days)?
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19.Price list: ruler ₹14, ice candy ₹10, kite ₹11, glue stick ₹20.
How much do 4 kites cost (in ₹)? - 20.Arjun sees that ₹25000 was sent to a wrong number by mistake. What should Arjun do first? (a) Tell a parent at once (b) Pay again to fix it (c) Keep it a secret
- 21.A day trip costs ₹960 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
- 22.Sneha sells 18 cups of lemonade at ₹20 each. How many rupees does Sneha get?
- 23.A raincoat costs ₹280. Offer 1: 25% off. Offer 2: ₹50 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 24.What do 5 geometry boxes at ₹120 each and 2 storybooks at ₹90 each cost in all (in ₹)?
- 25.Vivaan spends ₹90 to start a stall and sells each paper bookmark for ₹5. What is the smallest number Vivaan must sell to get back the ₹90?
- 26.Which is worth more: a ₹2 coin or a ₹1 coin? (a) 1-rupee coin (b) 2-rupee coin
- 27.Sneha’s piggy bank has 4 coins of ₹5, 5 coins of ₹2 and 1 coin of ₹1. How many rupees are in it?
- 28.A cricket bat costs ₹540. Offer 1: 25% off. Offer 2: ₹230 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 29.The bill for 2 cricket balls and a T-shirt is ₹600. A cricket ball costs ₹105. What does the T-shirt cost (in ₹)?
- 30.Farhan has a budget of ₹500 for a birthday party. The balloons cost ₹110, the return gifts cost ₹110 and the juice cost ₹110. How many rupees are left?
- 31.Arjun buys a mango for ₹30 and a lunch box for ₹155, and pays with a ₹500 note. How much change does Arjun get (in ₹)?
- 32.A study lamp costs ₹720. The shop gives 20% off. How many rupees is the discount?
- 33.Isha gets ₹45 pocket money every week. How many rupees is that in 4 weeks?
- 34.What do 5 colour pencil sets at ₹120 each and 5 samosas at ₹19 each cost in all (in ₹)?
- 35.Shop A sells 6 cricket balls for ₹660. Shop B sells 3 cricket balls for ₹450. Which shop is cheaper for one cricket ball? (a) Shop A (b) Shop B
- 36.Karan had ₹99. Karan spent ₹8 on a balloon. How many rupees are left?
- 37.Manav spends ₹230 on things to make 48 cupcakes and sells them all at ₹5 each. How many rupees does Manav earn after paying the costs?
- 38.How many ₹10 notes make a ₹50 note?
- 39.A dozen (12) bangles cost ₹156. What does one cost (in ₹)?
- 40.Arjun has 5 coins of ₹20 and 2 coins of ₹5. How many rupees does Arjun have?
Answer key
- 12
- 36
- sharpener
- 220
- 5
- 42
- Scanning a QR pays money
- 53
- 450
- 680
- 8
- 10
- Shop B
- 420
- No
- Want
- 160
- 91
- 44
- Tell a parent at once
- 480
- 360
- Offer 1
- 780
- 18
- 2-rupee coin
- 31
- Offer 2
- 390
- 170
- 315
- 144
- 180
- 695
- Shop A
- 91
- 10
- 5
- 13
- 110
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids