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.How many coins of ₹5 does Farhan need to make ₹30?
- 2.Kabir’s class stall spends ₹110 to make 12 paper bookmarks and sells all of them at ₹15 each. What is the profit (in ₹)?
- 3.1250 paise is how many rupees? =
- 4.How many paise are there in ₹8?
- 5.Diya keeps ₹1800 in a bank. After 5 years the simple interest is ₹180. What is the rate of interest per year (in %)?
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6.Price list: eraser ₹4, glue stick ₹25, sticker sheet ₹7, juice box ₹30.
Which item costs the most? (a) glue stick (b) sticker sheet (c) juice box (d) eraser - 7.₹600 earns 7% simple interest per year. In how many years will the interest be ₹84?
- 8.32 children go on a school trip to the zoo. The bus costs ₹40 for each child and the ticket costs ₹25 for each child. What is the total cost (in ₹)?
- 9.How many cricket balls can you buy with ₹1350 if one costs ₹150?
- 10.Joseph has 1 note of ₹50, 1 note of ₹20 and 1 coin of ₹1. How many rupees does Joseph have?
- 11.Which is the biggest amount: ₹89, ₹16 or ₹71? (a) 71 rupees (b) 16 rupees (c) 89 rupees
- 12.Pooja’s class stall spends ₹570 to make 29 cups of lemonade and sells all of them at ₹25 each. What is the profit (in ₹)?
- 13.Meera’s piggy bank has 5 coins of ₹20, 1 coin of ₹5 and 2 coins of ₹1. How many rupees are in it?
- 14.Arjun’s class stall spends ₹55 to make 11 paper bookmarks and sells all of them at ₹5 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
- 15.Ishaan gets ₹400 pocket money every month. How many rupees is that in one year (12 months)?
- 16.A 2 kg bag of dal costs ₹230. A 10 kg bag costs ₹1220. How many rupees per kg do you save with the cheaper bag?
- 17.A ruler costs ₹12. Pooja pays ₹50. How much change does Pooja get (in ₹)?
- 18.After 50% off, a water bottle costs ₹340. What was the price before the sale (in ₹)?
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19.Price list: notebook ₹25, sharpener ₹4, eraser ₹3, biscuit packet ₹18.
Priya has ₹20 and buys a biscuit packet. How many rupees are left? - 20.Kabir is making a shopping list. Which of these is a need? (a) vegetables (b) a glitter pen set (c) sweets every day (d) a sticker album
- 21.800 paise is how many rupees? =
- 22.A study lamp costs ₹340. Offer 1: 10% off. Offer 2: ₹100 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 23.After 10% off, a cricket bat costs ₹162. What was the price before the sale (in ₹)?
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24.Price list: notebook ₹45, biscuit packet ₹19, juice box ₹30, ruler ₹8.
How much do a notebook and a biscuit packet cost together (in ₹)? - 25.The bill for 3 water bottles and a plate of idli is ₹705. A water bottle costs ₹220. What does the plate of idli cost (in ₹)?
- 26.Isha wants a bicycle that costs ₹4775, has ₹1320 already and saves ₹500 every week. In how many weeks will Isha have enough?
- 27.A stall pays ₹2 for each cupcake and sells each one for ₹8. It sells 33 cupcakes. What is the total profit (in ₹)?
- 28.A 1 kg bag of rice costs ₹47. A 2 kg bag costs ₹90. How many rupees per kg do you save with the cheaper bag?
- 29.Pooja got ₹130 in 2 weeks, the same amount every week. How many rupees is that each week?
- 30.Of a ₹42000 monthly budget, 25% goes on school fees and 10% on clothes. The rest is saved. How many rupees are saved?
- 31.Kabir has ₹49 in a piggy bank. Mausi gives Kabir ₹26 more. How many rupees does Kabir have now?
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32.Sneha’s passbook:
Opening balance: ₹1600
Credit (money in): ₹850
Debit (money out): ₹1600
What is the balance now (in ₹)? - 33.What is the smallest number of coins and notes that make ₹126?
- 34.Karan had ₹67. Karan spent ₹5 on a sharpener. How many rupees are left?
- 35.Rahul buys an ice candy for ₹12 and a glue stick for ₹17. How many rupees does Rahul spend in all?
- 36.Nisha has ₹52 in a piggy bank. Dadi gives Nisha ₹26 more. How many rupees does Nisha have now?
- 37.Riya has 1 note of ₹50, 1 note of ₹10 and 4 coins of ₹2. How many rupees does Riya have?
- 38.A board game costs ₹1000. The shop gives 25% off. What is the sale price (in ₹)?
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39.Aditya’s shop bill:
4 storybooks at ₹150 each
1 football at ₹360
2 geometry boxes at ₹125 each
What is the total bill (in ₹)? - 40.Someone online asks Lakshmi for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) A friend at school (c) No one
Answer key
- 6
- 70
- 12.5
- 800
- 2
- juice box
- 2
- 2080
- 9
- 71
- 89 rupees
- 155
- 107
- No profit, no loss
- 4800
- 7
- 38
- 680
- 2
- vegetables
- 8
- Offer 2
- 180
- 64
- 45
- 7
- 198
- 2
- 65
- 27300
- 75
- 850
- 4
- 62
- 29
- 78
- 68
- 750
- 1210
- No one
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids