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.After 10% off, a pair of shoes costs ₹126. What was the price before the sale (in ₹)?
- 2.Karan buys 2 kites at ₹10 each and pays ₹50. How much change does Karan get (in ₹)?
- 3.An ice candy costs ₹8. Nisha pays ₹10. How much change does Nisha get (in ₹)?
- 4.Which coins and notes make exactly ₹23? (a) 10 + 2 + 1 (b) 100 + 20 + 1 (c) 20 + 2 + 1
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5.Saanvi’s passbook:
Opening balance: ₹2900
Credit: ₹50
Debit: ₹200
Debit: ₹300
Debit: ₹250
What is the closing balance (in ₹)? - 6.One ruler costs ₹9. A pack of 3 rulers costs ₹26. How many rupees do you save by buying the pack instead of 3 single ones?
- 7.Ishaan’s piggy bank has 2 coins of ₹20, 2 coins of ₹5 and 5 coins of ₹2. How many rupees are in it?
- 8.Diya keeps ₹700 in a bank. After 5 years the simple interest is ₹175. What is the rate of interest per year (in %)?
- 9.There are 28 children in a class. Each child needs one samosa at ₹16. What is the total cost (in ₹)?
- 10.Meera has ₹700. First Meera pays for needs: a geometry box (₹200) and a raincoat (₹140). How many rupees are left for wants?
- 11.Vivaan buys 4 mangoes at ₹35 each and pays with a ₹500 note. How much change does Vivaan get (in ₹)?
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12.Isha’s shop bill:
4 storybooks at ₹160 each
3 notebooks at ₹60 each
4 water bottles at ₹185 each
What is the total bill (in ₹)? - 13.₹570 − ₹110 =
- 14.A 10 kg bag of onions costs ₹350. A 1 kg bag costs ₹40. Which bag is cheaper per kg? (a) 10 kg bag (b) 1 kg bag
- 15.Aditya spends ₹35 of ₹700 pocket money on books. What percent is that?
- 16.A cricket bat costs ₹140. Offer 1: 20% off. Offer 2: ₹20 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 17.Ananya buys a football (₹320), a colour pencil set (₹110), a water bottle (₹250) and a plate of idli (₹55). What is the total (in ₹)?
- 18.There are 16 children in a class. Each child needs one notebook at ₹60. What is the total cost (in ₹)?
- 19.₹8.50 + ₹14.50 =
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20.Ananya’s shop bill:
2 cricket balls at ₹105 each
1 badminton racket at ₹405
1 water bottle at ₹245
What is the total bill (in ₹)? - 21.Saanvi wants a gift for Mum that costs ₹270. Saanvi saves ₹30 every week. How many weeks will it take?
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22.Priya’s passbook:
Opening balance: ₹5000
Credit (money in): ₹250
Debit (money out): ₹1600
What is the balance now (in ₹)? -
23.Isha’s passbook:
Opening balance: ₹2700
Debit: ₹300
Credit: ₹500
Debit: ₹50
Debit: ₹200
What is the total of all the credits (in ₹)? - 24.There are 20 children in a class. Each child needs one mango at ₹40. What is the total cost (in ₹)?
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25.Zoya’s passbook:
Opening balance: ₹4700
Debit: ₹50
Debit: ₹50
Debit: ₹250
Credit: ₹200
What is the total of all the credits (in ₹)? - 26.Sneha has 2 coins of ₹2 and 4 coins of ₹10. How many rupees does Sneha have?
- 27.How many badminton rackets can you buy with ₹2925 if one costs ₹325?
- 28.₹620 − ₹500 =
- 29.Joseph’s class stall spends ₹770 to make 38 friendship bands and sells all of them at ₹30 each. What is the profit (in ₹)?
- 30.Joseph spends ₹110 to start a stall and sells each greeting card for ₹20. What is the smallest number Joseph must sell to get back the ₹110?
- 31.For Tara, is “extra comic books” a need or a want? (a) Want (b) Need
- 32.How many coins of ₹10 does Nisha need to make ₹50?
- 33.Shop A sells 4 mangoes for ₹100. Shop B sells 6 mangoes for ₹180. What does one mango cost at the cheaper shop (in ₹)?
- 34.Nisha has ₹800 for a picnic. Food costs ₹70 and tickets cost ₹700. Is ₹800 enough? (a) Yes (b) No
- 35.Zoya has 3 notes of ₹20 and 2 notes of ₹10. How many rupees does Zoya have?
- 36.Shop A sells 6 samosas for ₹78. Shop B sells 4 samosas for ₹48. What does one samosa cost at the cheaper shop (in ₹)?
- 37.Shop A sells a badminton racket for ₹450 with free delivery. Shop B sells it for ₹540 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
- 38.₹2.50 + ₹4.50 =
- 39.Meera wants a gift for Mum that costs ₹220. Meera saves ₹20 every week. How many weeks will it take?
- 40.For Diya, is “extra comic books” a need or a want? (a) Want (b) Need
Answer key
- 140
- 30
- 2
- 20 + 2 + 1
- 2200
- 1
- 60
- 5
- 448
- 360
- 360
- 1560
- 460
- 10 kg bag
- 5
- Offer 1
- 735
- 960
- 23
- 860
- 9
- 3650
- 500
- 800
- 200
- 44
- 9
- 120
- 370
- 6
- Want
- 5
- 25
- Yes
- 80
- 12
- 160
- 7
- 11
- Want
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids