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 football for ₹410 with free delivery. Shop B sells it for ₹325 plus ₹50 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 2.Farhan has ₹800 for a picnic. Food costs ₹140 and tickets cost ₹600. Is ₹800 enough? (a) No (b) Yes
- 3.Rahul wants a cricket bat that costs ₹840. Rahul saves ₹30 every week. How many weeks will it take?
- 4.A paint box costs ₹65. Manav has ₹10 and ₹2. How many more rupees does Manav need?
- 5.Zoya has ₹500 for a picnic. Food costs ₹200 and tickets cost ₹360. Is ₹500 enough? (a) Yes (b) No
- 6.Zoya spends ₹390 on things to make 47 paper bookmarks and sells them all at ₹10 each. How many rupees does Zoya earn after paying the costs?
- 7.A board game costs ₹740. The shop gives 25% off. What is the sale price (in ₹)?
- 8.A pair of shoes costs ₹460. The shop gives 25% off. How many rupees is the discount?
- 9.Meera has ₹700. First Meera pays for needs: notebooks (₹130) and school shoes (₹90). How many rupees are left for wants?
- 10.₹450 + ₹360 =
- 11.Ananya’s class stall spends ₹245 to make 11 cups of lemonade and sells all of them at ₹25 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
- 12.Shop A sells a water bottle for ₹235 with free delivery. Shop B sells it for ₹210 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
- 13.Joseph spends ₹280 of ₹700 pocket money on books. What percent is that?
- 14.Count up to find the change from ₹200: ₹142 + ₹? = ₹200
- 15.Lakshmi spends ₹170 to start a stall and sells each cupcake for ₹15. What is the smallest number Lakshmi must sell to get back the ₹170?
- 16.Count up to find the change from ₹100: ₹13 + ₹? = ₹100
- 17.A stall pays ₹6 for each clay diya and sells each one for ₹7. It sells 12 clay diyas. What is the total profit (in ₹)?
- 18.7 water bottles cost ₹1540. What does one water bottle cost (in ₹)?
- 19.Shop A sells 4 pairs of socks for ₹260. Shop B sells 5 pairs of socks for ₹350. What does one pair of socks cost at the cheaper shop (in ₹)?
- 20.Nisha gets ₹150 pocket money every month. How many rupees is that in one year (12 months)?
- 21.Aditya has 3 coins of ₹2 and 6 coins of ₹10. How many rupees does Aditya have?
- 22.A water bottle costs ₹820. The shop gives 10% off. What is the sale price (in ₹)?
- 23.There are 12 children in a class. Each child needs one mango at ₹35. What is the total cost (in ₹)?
- 24.₹900 earns 4% simple interest per year. In how many years will the interest be ₹72?
- 25.One geometry box costs ₹150. How much do 5 geometry boxes cost (in ₹)?
- 26.Which coins and notes make exactly ₹71? (a) 20 + 20 + 1 (b) 50 + 20 + 1 (c) 50 + 2 + 1
- 27.A family plans ₹47000 for the month. 20% of it is for school fees. How many rupees is that?
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28.Sneha’s passbook:
Opening balance: ₹4700
Credit: ₹450
Debit: ₹450
Credit: ₹350
Credit: ₹100
What is the total of all the debits (in ₹)? - 29.Pooja has ₹500 for a picnic. Food costs ₹110 and tickets cost ₹320. Is ₹500 enough? (a) No (b) Yes
- 30.Arjun has ₹700. First Arjun pays for needs: school shoes (₹110) and a geometry box (₹220). How many rupees are left for wants?
- 31.Which coins and notes make exactly ₹106? (a) 50 + 5 + 1 (b) 100 + 1 + 1 (c) 100 + 5 + 1
- 32.Which is the smallest amount: ₹13, ₹56 or ₹46? (a) 56 rupees (b) 46 rupees (c) 13 rupees
- 33.A raincoat costs ₹320. The shop gives 50% off. How many rupees is the discount?
- 34.₹18.50 + ₹16 =
- 35.Which is worth the most: a ₹10 note, a ₹20 coin or a ₹200 note? (a) 10-rupee note (b) 20-rupee coin (c) 200-rupee note
- 36.Shop A sells 3 samosas for ₹36. Shop B sells 6 samosas for ₹84. Which shop is cheaper for one samosa? (a) Shop B (b) Shop A
- 37.There are 22 children in a class. Each child needs one plate of idli at ₹60. What is the total cost (in ₹)?
- 38.Kabir spends ₹200 to start a stall and sells each friendship band for ₹15. What is the smallest number Kabir must sell to get back the ₹200?
- 39.Kavya got ₹455 in 7 weeks, the same amount every week. How many rupees is that each week?
- 40.How many notes of ₹20 make ₹100?
Answer key
- Shop B
- Yes
- 28
- 53
- No
- 80
- 555
- 115
- 480
- 810
- Profit
- 15
- 40
- 58
- 12
- 87
- 12
- 220
- 65
- 1800
- 66
- 738
- 420
- 2
- 750
- 50 + 20 + 1
- 9400
- 450
- Yes
- 370
- 100 + 5 + 1
- 13 rupees
- 160
- 34.5
- 200-rupee note
- Shop A
- 1320
- 14
- 65
- 5
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids