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.Lakshmi has 3 notes of ₹50. Manav has 9 coins of ₹1. How many more rupees does Lakshmi have?
- 2.A day trip costs ₹480 in all. 8 friends share the cost equally. How much does each friend pay (in ₹)?
- 3.Rahul has ₹6. A toffee costs ₹1. Does Rahul have enough money to buy it? (a) No (b) Yes
- 4.Isha has 5 coins of ₹5. How many rupees does Isha have?
- 5.How many notebooks can you buy with ₹210 if one costs ₹30?
- 6.For Sneha, is “vegetables” a need or a want? (a) Want (b) Need
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7.Price list: banana ₹5, toffee ₹3, glue stick ₹23, pencil ₹6.
Which item costs the most? (a) banana (b) pencil (c) toffee (d) glue stick -
8.Gurpreet’s shop bill:
1 pair of socks at ₹75
2 footballs at ₹280 each
1 water bottle at ₹195
What is the total bill (in ₹)? - 9.₹100 + ₹? + ₹50 = ₹160
- 10.Gurpreet sees that ₹25000 was sent to a wrong number by mistake. What should Gurpreet do first? (a) Tell a parent at once (b) Keep it a secret (c) Pay again to fix it
- 11.One school bag costs ₹730. How much do 8 school bags cost (in ₹)?
- 12.Farhan keeps ₹900 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
- 13.A toy train costs ₹720. Offer 1: 50% off. Offer 2: ₹70 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 14.₹40 − ₹15 =
- 15.A water bottle costs ₹320. Offer 1: 20% off. Offer 2: ₹140 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 16.30 children go on a school trip to the zoo. The bus costs ₹90 for each child and the ticket costs ₹35 for each child. What is the total cost (in ₹)?
- 17.Arjun has 4 notes of ₹20. Kavya has 5 notes of ₹100. Who has less money? (a) Arjun (b) Kavya
- 18.Of a ₹44000 monthly budget, 20% goes on travel and 5% on electricity. The rest is saved. What percent is saved?
- 19.Tara gets ₹30 pocket money every week. How many rupees is that in 12 weeks?
- 20.Dev makes 5 clay diyas an hour and sells each one for ₹20. How many rupees can Dev earn from 2 hours of work?
- 21.Meera buys 6 plates of idli at ₹35 each and pays with a ₹500 note. How much change does Meera get (in ₹)?
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22.Sneha’s passbook:
Opening balance: ₹3600
Credit (money in): ₹200
Debit (money out): ₹?
Closing balance: ₹2800
How many rupees was the debit? -
23.Price list: balloon ₹9, sticker sheet ₹5, ruler ₹8, crayon box ₹30.
Which item costs the most? (a) balloon (b) crayon box (c) sticker sheet (d) ruler - 24.Tara keeps ₹1300 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
- 25.Diya gets ₹10 pocket money every week. How many rupees is that in 9 weeks?
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26.Price list: eraser ₹4, sticker sheet ₹5, crayon box ₹30, notebook ₹35.
Lakshmi has ₹10 and buys a sticker sheet. How many rupees are left? - 27.Kavya buys a plate of idli (₹35), a geometry box (₹120), a badminton racket (₹385) and a lunch box (₹195). What is the total (in ₹)?
- 28.What do 3 mangoes at ₹35 each and 3 cricket balls at ₹140 each cost in all (in ₹)?
- 29.4 school bags cost ₹2760. How much do 5 school bags cost (in ₹)?
- 30.Rohan buys a samosa for ₹12 and a colour pencil set for ₹90, and pays with a ₹500 note. How much change does Rohan get (in ₹)?
- 31.Arjun has ₹780 for return gifts. Each gift costs ₹40. What is the greatest number of gifts Arjun can buy?
- 32.A family plans ₹13000 for the month. 5% of it is for rent. How many rupees is that?
- 33.Vivaan buys 3 cricket balls at ₹110 each and pays with a ₹500 note. How much change does Vivaan get (in ₹)?
- 34.Manav is making a shopping list. Which of these is a need? (a) a bigger TV (b) a new party dress (c) toothpaste (d) a sticker album
- 35.A yo-yo costs ₹56. Ishaan has ₹20 and ₹2. How many more rupees does Ishaan need?
- 36.A school bag costs ₹140. The shop gives 20% off. How many rupees is the discount?
- 37.A balloon costs ₹8. Dev pays ₹50. How much change does Dev get (in ₹)?
- 38.One school bag costs ₹510. How much do 3 school bags cost (in ₹)?
- 39.A stall pays ₹15 for each paper bookmark and sells each one for ₹18. It sells 33 paper bookmarks. What is the total profit (in ₹)?
- 40.How many notes of ₹20 make ₹60?
Answer key
- 141
- 60
- Yes
- 25
- 7
- Need
- glue stick
- 830
- 10
- Tell a parent at once
- 5840
- 36
- Offer 1
- 25
- Offer 2
- 3750
- Arjun
- 75
- 360
- 200
- 290
- 1000
- crayon box
- 117
- 90
- 5
- 735
- 525
- 3450
- 398
- 19
- 650
- 170
- toothpaste
- 34
- 28
- 42
- 1530
- 99
- 3
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids