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 football costs ₹440 online. Delivery is ₹40 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 2.What is the smallest number of coins and notes that make ₹10?
- 3.There are 37 children in a class. Each child needs one notebook at ₹50. What is the total cost (in ₹)?
- 4.A board game costs ₹1000. Offer 1: 25% off. Offer 2: ₹500 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 5.Pooja sells 10 friendship bands at ₹20 each. How many rupees does Pooja get?
- 6.Diya keeps ₹1900 in a bank. After 2 years the simple interest is ₹304. What is the rate of interest per year (in %)?
- 7.Farhan buys a football for ₹280 and a geometry box for ₹125, and pays with a ₹500 note. How much change does Farhan get (in ₹)?
- 8.Karan wants a gift for Mum that costs ₹240, has ₹100 already and saves ₹30 every week. In how many weeks will Karan have enough?
- 9.One tiny sticker costs ₹2.50. How many rupees do 3 tiny stickers cost? =
- 10.What do 2 notebooks at ₹30 each and 4 water bottles at ₹215 each cost in all (in ₹)?
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11.Dev’s passbook:
Opening balance: ₹2800
Debit: ₹400
Credit: ₹200
Debit: ₹200
Debit: ₹200
What is the closing balance (in ₹)? - 12.A banana costs ₹8 and a sharpener costs ₹5. How many rupees more does the banana cost?
- 13.A family plans ₹29000 for the month. 10% of it is for food. How many rupees is that?
- 14.Kabir buys a banana for ₹6 and an ice candy for ₹9, and pays ₹50. How much change does Kabir get (in ₹)?
- 15.A 1 kg bag of rice costs ₹68. A 5 kg bag costs ₹295. How many rupees per kg do you save with the cheaper bag?
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16.Zoya’s passbook:
Opening balance: ₹3700
Credit (money in): ₹700
Debit (money out): ₹900
What is the balance now (in ₹)? - 17.Ananya is making a shopping list. Which of these is a want? (a) bus fare to school (b) a school uniform (c) a toy robot (d) notebooks for school
- 18.Farhan’s class stall spends ₹410 to make 40 paper bookmarks and sells all of them at ₹10 each. What is the loss (in ₹)?
- 19.A lunch box costs ₹150 online. Delivery is ₹70 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 20.One water bottle costs ₹215. How much do 4 water bottles cost (in ₹)?
- 21.Priya saves ₹100 every week for 8 weeks, then buys a board game for ₹700. How many rupees are left?
- 22.Nisha is making a shopping list. Which of these is a need? (a) a video game (b) a school uniform (c) a toy robot (d) a sticker album
- 23.Of a ₹13000 monthly budget, 40% goes on clothes and 30% on school fees. The rest is saved. How many rupees are saved?
- 24.Zoya buys a football (₹445), a cricket ball (₹115), a plate of idli (₹50) and a colour pencil set (₹120). What is the total (in ₹)?
- 25.Vivaan makes 5 clay diyas an hour and sells each one for ₹30. How many rupees can Vivaan earn from 2 hours of work?
- 26.A 5 kg bag of onions costs ₹260. A 2 kg bag costs ₹110. Which bag is cheaper per kg? (a) 2 kg bag (b) 5 kg bag
- 27.4 friends run a stall selling cups of lemonade and make a profit of ₹1720. They share it equally. How many rupees does each friend get?
- 28.Zoya’s mother has ₹2000 in her bank account. She pays ₹160 for school books and ₹390 for bread by UPI. How many rupees are left in the account?
- 29.Gurpreet is making a shopping list. Which of these is a need? (a) a raincoat (b) a sticker album (c) a toy robot (d) a new party dress
- 30.How many coins of ₹5 does Isha need to make ₹35?
- 31.Priya spends ₹50 of ₹200 pocket money on books. What percent is that?
- 32.Karan has 5 notes of ₹50 and 5 notes of ₹10. How many rupees does Karan have?
- 33.Someone online asks Sneha for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A friend at school (b) No one (c) A caller from the bank
- 34.Arjun keeps ₹1800 in a bank. After 2 years the simple interest is ₹360. What is the rate of interest per year (in %)?
- 35.Farhan has 5 coins of ₹2. Isha has 3 notes of ₹50. Who has less money? (a) Isha (b) Farhan
- 36.₹600 earns 8% simple interest per year. In how many years will the interest be ₹96?
- 37.Rohan gets ₹100 pocket money every week. How many rupees is that in 6 weeks?
- 38.For Dev, is “a toy robot” a need or a want? (a) Need (b) Want
- 39.Meera’s piggy bank has 2 coins of ₹20, 2 coins of ₹10 and 2 coins of ₹2. How many rupees are in it?
- 40.Sneha makes 6 clay diyas an hour and sells each one for ₹25. How many rupees can Sneha earn from 4 hours of work?
Answer key
- 460
- 1
- 1850
- Offer 2
- 200
- 8
- 95
- 5
- 7.5
- 920
- 2200
- 3
- 2900
- 35
- 9
- 3500
- a toy robot
- 10
- 200
- 860
- 100
- a school uniform
- 3900
- 730
- 300
- 5 kg bag
- 430
- 1450
- a raincoat
- 7
- 25
- 300
- No one
- 10
- Farhan
- 2
- 600
- Want
- 64
- 600
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids