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.Zoya wants an art kit that costs ₹420. Zoya saves ₹70 every week. How many weeks will it take?
- 2.Isha makes 5 friendship bands an hour and sells each one for ₹10. How many rupees can Isha earn from 4 hours of work?
- 3.5 friends run a stall selling friendship bands and make a profit of ₹800. They share it equally. How many rupees does each friend get?
- 4.Ishaan is making a shopping list. Which of these is a need? (a) drinking water (b) a glitter pen set (c) sweets every day (d) designer sunglasses
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5.Price list: kite ₹19, samosa ₹14, toffee ₹1, biscuit packet ₹13.
How much do a kite and a samosa cost together (in ₹)? - 6.₹88 − ₹36 =
- 7.₹22 + ₹33 + ₹11 =
- 8.10 cricket balls cost ₹1500. How much do 6 cricket balls cost (in ₹)?
- 9.₹74 − ₹58 =
- 10.3 plates of idli cost ₹180. What does one plate of idli cost (in ₹)?
- 11.Vivaan is making a shopping list. Which of these is a want? (a) designer sunglasses (b) milk (c) soap (d) a school uniform
- 12.Aarav keeps ₹700 in a bank at 10% simple interest per year. How much money will there be after 5 years (in ₹)?
- 13.Lakshmi has 6 coins of ₹1. Arjun has 5 notes of ₹100. Who has more money? (a) Arjun (b) Lakshmi
- 14.Diya buys a colour pencil set for ₹90 and pays with a ₹100 note. How much change does Diya get (in ₹)?
- 15.Rohan has 4 coins of ₹1. How many rupees does Rohan have?
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16.Price list: balloon ₹9, juice box ₹30, toffee ₹1, eraser ₹3.
Nisha has ₹50 and buys an eraser. How many rupees are left? - 17.A notebook costs ₹25 and a glue stick costs ₹16. How many rupees more does the notebook cost?
- 18.A toy train costs ₹740. Offer 1: 50% off. Offer 2: ₹240 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 19.Sneha had ₹45. Sneha spent ₹18 on a biscuit packet. How many rupees are left?
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20.Price list: ice candy ₹15, sharpener ₹5, kite ₹20, sticker sheet ₹7.
How much do 2 ice candies cost (in ₹)? - 21.One paper clip costs 50 paise. How many rupees do 3 paper clips cost? =
- 22.Zoya gets ₹200 pocket money every month. How many rupees is that in one year (12 months)?
- 23.Shop A sells 4 pairs of socks for ₹240. Shop B sells 6 pairs of socks for ₹300. What does one pair of socks cost at the cheaper shop (in ₹)?
- 24.A day trip costs ₹840 in all. 7 friends share the cost equally. How much does each friend pay (in ₹)?
- 25.Lakshmi gets ₹19 every day. How many rupees is that in one week (7 days)?
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26.Aditya’s passbook:
Opening balance: ₹3100
Credit (money in): ₹950
Debit (money out): ₹?
Closing balance: ₹950
How many rupees was the debit? - 27.Shop A sells a cricket ball for ₹135 with free delivery. Shop B sells it for ₹150 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
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28.Manav’s passbook:
Opening balance: ₹4200
Credit: ₹450
Credit: ₹100
Debit: ₹200
Debit: ₹150
What is the closing balance (in ₹)? - 29.Sneha has one ₹2 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 30.Riya gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Riya do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
- 31.How many notes of ₹50 make ₹100?
- 32.For Meera, is “a third cricket bat” a need or a want? (a) Need (b) Want
- 33.Rohan’s class stall spends ₹110 to make 10 cupcakes and sells all of them at ₹10 each. What is the loss (in ₹)?
- 34.Ananya’s class stall spends ₹190 to make 34 paper bookmarks and sells all of them at ₹10 each. What is the profit (in ₹)?
- 35.Manav keeps ₹700 in a bank. After 3 years the simple interest is ₹63. What is the rate of interest per year (in %)?
- 36.₹52 + ₹26 =
- 37.How many pairs of socks can you buy with ₹600 if one costs ₹50?
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38.Price list: toffee ₹3, notebook ₹40, balloon ₹9, juice box ₹20.
Arjun has ₹50 and buys a toffee. How many rupees are left? - 39.A raincoat costs ₹620. The shop gives 20% off. What is the sale price (in ₹)?
- 40.Count up to find the change from ₹20: ₹5 + ₹? = ₹20
Answer key
- 6
- 200
- 160
- drinking water
- 33
- 52
- 66
- 900
- 16
- 60
- designer sunglasses
- 1050
- Arjun
- 10
- 4
- 47
- 9
- Offer 1
- 27
- 30
- 1.5
- 2400
- 50
- 120
- 133
- 3100
- 85
- 4400
- Coin
- Never share the OTP
- 2
- Want
- 10
- 150
- 3
- 78
- 12
- 47
- 496
- 15
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids