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.There are 28 children in a class. Each child needs one plate of idli at ₹30. What is the total cost (in ₹)?
- 2.Meera had ₹7. Meera spent ₹2 on an eraser. How many rupees are left?
- 3.₹7 + ₹12 + ₹6 =
- 4.A 1 kg bag of sugar costs ₹47. A 2 kg bag costs ₹86. How many rupees per kg do you save with the cheaper bag?
- 5.Farhan has a budget of ₹1000 for a birthday party. The cake cost ₹60, the decorations cost ₹80 and the juice cost ₹50. How many rupees are left?
- 6.₹5 + ₹? + ₹100 = ₹106
- 7.A football costs ₹540. The shop gives 10% off. What is the sale price (in ₹)?
- 8.Vivaan has ₹1000 for a picnic. Food costs ₹430 and tickets cost ₹590. Is ₹1000 enough? (a) No (b) Yes
- 9.Kabir has 3 coins of ₹20 and 3 coins of ₹10. How many rupees does Kabir have?
- 10.What do 3 storybooks at ₹95 each and 3 pens at ₹17 each cost in all (in ₹)?
- 11.Vivaan gets ₹150 pocket money every month. How many rupees is that in one year (12 months)?
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12.Price list: toffee ₹1, sticker sheet ₹6, biscuit packet ₹11, notebook ₹30.
How much do a toffee and a sticker sheet cost together (in ₹)? - 13.Which is the same money as one ₹200 note? (a) six 50-rupee notes (b) two 50-rupee notes (c) four 50-rupee notes
- 14.A dozen (12) eggs cost ₹72. What does one cost (in ₹)?
- 15.Isha keeps ₹1000 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
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16.Farhan’s passbook:
Opening balance: ₹2900
Credit: ₹200
Credit: ₹300
Debit: ₹250
Debit: ₹500
What is the closing balance (in ₹)? - 17.Priya spends ₹80 of ₹400 pocket money on books. What percent is that?
- 18.Karan buys a lunch box for ₹220 and a plate of idli for ₹55, and pays with a ₹500 note. How much change does Karan get (in ₹)?
- 19.Ishaan wants to save ₹540 for a cricket bat in 9 weeks, the same amount each week. How many rupees must Ishaan save each week?
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20.Price list: ice candy ₹10, ruler ₹8, eraser ₹5, crayon box ₹35.
How much do an eraser and a ruler cost together (in ₹)? - 21.Lakshmi has ₹800. In a piggy bank it stays ₹800. In a bank at 8% simple interest per year, how many rupees more will Lakshmi have after 1 year?
- 22.A 1 kg bag of dal costs ₹141. A 2 kg bag costs ₹276. How many rupees per kg do you save with the cheaper bag?
- 23.For Saanvi, is “school shoes” a need or a want? (a) Need (b) Want
- 24.₹9 + ₹14 + ₹23 =
- 25.A family plans ₹27000 for the month. 10% of it is for travel. How many rupees is that?
- 26.Kavya spends ₹410 on things to make 46 paper bookmarks and sells them all at ₹10 each. How many rupees does Kavya earn after paying the costs?
- 27.Shop A sells a T-shirt for ₹390 with free delivery. Shop B sells it for ₹250 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 28.A sharpener costs ₹9 and an ice candy costs ₹13. How many rupees more does the ice candy cost?
- 29.Manav has one ₹5 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 30.Arjun’s class stall spends ₹430 to make 19 friendship bands and sells all of them at ₹30 each. What is the profit (in ₹)?
- 31.Dev buys a samosa for ₹17 and pays with a ₹100 note. How much change does Dev get (in ₹)?
- 32.Meera’s mother has ₹1200 in her bank account. She pays ₹370 for milk and ₹240 for medicines by UPI. How many rupees are left in the account?
- 33.A school bag costs ₹360. Offer 1: 10% off. Offer 2: ₹150 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 34.Which is the same money as one ₹10 note? (a) four 5-rupee coins (b) three 5-rupee coins (c) two 5-rupee coins
- 35.Ishaan’s class stall spends ₹20 to make 10 paper bookmarks and sells all of them at ₹5 each. What is the profit (in ₹)?
- 36.How many paise are there in ₹15.50?
- 37.Which is the biggest amount: ₹83, ₹65 or ₹14? (a) 65 rupees (b) 14 rupees (c) 83 rupees
- 38.Farhan buys a juice box for ₹25 and a pencil for ₹3, and pays ₹50. How much change does Farhan get (in ₹)?
- 39.One crayon box costs ₹30. A pack of 3 crayon boxes costs ₹87. How many rupees do you save by buying the pack instead of 3 single ones?
- 40.How many ₹5 coins make a ₹50 note?
Answer key
- 840
- 5
- 25
- 4
- 810
- 1
- 486
- No
- 90
- 336
- 1800
- 7
- four 50-rupee notes
- 6
- 90
- 2650
- 20
- 225
- 60
- 13
- 64
- 3
- Need
- 46
- 2700
- 50
- 120
- 4
- Coin
- 140
- 83
- 590
- Offer 2
- two 5-rupee coins
- 30
- 1550
- 83 rupees
- 22
- 3
- 10
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids