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.Shop A sells a badminton racket for ₹590 with free delivery. Shop B sells it for ₹595 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
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2.Manav’s passbook:
Opening balance: ₹1200
Credit (money in): ₹250
Debit (money out): ₹?
Closing balance: ₹1400
How many rupees was the debit? - 3.A family plans ₹50000 for the month. 10% of it is for school fees. How many rupees is that?
- 4.Ishaan’s class stall spends ₹560 to make 24 friendship bands and sells all of them at ₹25 each. What is the profit (in ₹)?
- 5.Lakshmi gets ₹27 every day. How many rupees is that in one week (7 days)?
- 6.After 10% off, a cricket bat costs ₹720. What was the price before the sale (in ₹)?
- 7.9 water bottles cost ₹1620. What does one water bottle cost (in ₹)?
- 8.2 notebooks cost ₹80. How much do 4 notebooks cost (in ₹)?
- 9.7 lunch boxes cost ₹1260. How much do 8 lunch boxes cost (in ₹)?
- 10.Aarav has 2 coins of ₹5 and 4 coins of ₹2. How many rupees does Aarav have?
- 11.Count up to find the change from ₹500: ₹416 + ₹? = ₹500
- 12.Rohan has 4 notes of ₹10. How many rupees does Rohan have?
- 13.₹11.50 + ₹8.50 =
- 14.Lakshmi has 1 note of ₹500 and 3 notes of ₹50. How many rupees does Lakshmi have?
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15.Price list: samosa ₹12, biscuit packet ₹13, kite ₹10, notebook ₹25.
Lakshmi has ₹20 and buys a biscuit packet. How many rupees are left? - 16.Which is the same money as one ₹500 note? (a) two 100-rupee notes (b) four 100-rupee notes (c) five 100-rupee notes
- 17.₹6 + ₹36 + ₹5 =
- 18.Shop A sells a badminton racket for ₹520 with free delivery. Shop B sells it for ₹355 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
- 19.Kabir is making a shopping list. Which of these is a need? (a) a video game (b) a new party dress (c) sweets every day (d) bus fare to school
- 20.A 10 kg bag of rice costs ₹750. A 1 kg bag costs ₹53. Which bag is cheaper per kg? (a) 1 kg bag (b) 10 kg bag
- 21.A stall pays ₹5 for each plate of bhel and sells each one for ₹14. It sells 34 plates of bhel. What is the total profit (in ₹)?
- 22.Tara gets ₹150 pocket money every month. How many rupees is that in one year (12 months)?
- 23.Aarav keeps ₹1800 in a bank. After 3 years the simple interest is ₹432. What is the rate of interest per year (in %)?
- 24.How many paise are there in ₹2.50?
- 25.Count up to find the change from ₹10: ₹3 + ₹? = ₹10
- 26.Which is worth more: a ₹50 note or a ₹10 note? (a) 50-rupee note (b) 10-rupee note
- 27.2 friends run a stall selling clay diyas and make a profit of ₹560. They share it equally. How many rupees does each friend get?
- 28.Arjun buys a notebook for ₹35 and pays with a ₹100 note. How much change does Arjun get (in ₹)?
- 29.Aarav has one ₹5 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 30.Rohan keeps ₹600 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
- 31.A skipping rope costs ₹74. Aarav has ₹10 and ₹5. How many more rupees does Aarav need?
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32.Aarav’s passbook:
Opening balance: ₹1300
Credit (money in): ₹750
Debit (money out): ₹?
Closing balance: ₹550
How many rupees was the debit? - 33.How many ₹20 notes make a ₹200 note?
- 34.A dozen (12) pencils cost ₹48. What does one cost (in ₹)?
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35.Kabir’s passbook:
Opening balance: ₹800
Credit (money in): ₹450
Debit (money out): ₹700
What is the balance now (in ₹)? - 36.A family plans ₹35000 for the month. 5% of it is for electricity. How many rupees is that?
- 37.Ananya is making a shopping list. Which of these is a need? (a) medicine when ill (b) a toy robot (c) designer sunglasses (d) a sticker album
- 38.Count up to find the change from ₹10: ₹4 + ₹? = ₹10
- 39.Meera has ₹650. First Meera pays for needs: a raincoat (₹70) and notebooks (₹160). How many rupees are left for wants?
- 40.Priya spends ₹190 on things to make 24 clay diyas and sells them all at ₹15 each. How many rupees does Priya earn after paying the costs?
Answer key
- Shop A
- 50
- 5000
- 40
- 189
- 800
- 180
- 160
- 1440
- 18
- 84
- 40
- 20
- 650
- 7
- five 100-rupee notes
- 47
- 95
- bus fare to school
- 1 kg bag
- 306
- 1800
- 8
- 250
- 7
- 50-rupee note
- 280
- 65
- Coin
- 660
- 59
- 1500
- 10
- 4
- 550
- 1750
- medicine when ill
- 6
- 420
- 170
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids