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.A study lamp costs ₹220. Offer 1: 50% off. Offer 2: ₹100 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 2.A balloon costs ₹8. Kavya pays ₹10. How much change does Kavya get (in ₹)?
- 3.Vivaan buys a juice box for ₹30 and a biscuit packet for ₹14. How many rupees does Vivaan spend in all?
- 4.Farhan buys 3 sharpeners at ₹4 each and pays ₹20. How much change does Farhan get (in ₹)?
- 5.Shop A sells 5 cricket balls for ₹675. Shop B sells 4 cricket balls for ₹500. Which shop is cheaper for one cricket ball? (a) Shop A (b) Shop B
- 6.Shop A sells 3 colour pencil sets for ₹225. Shop B sells 5 colour pencil sets for ₹300. What does one colour pencil set cost at the cheaper shop (in ₹)?
- 7.How many ₹1 coins make a ₹10 coin?
- 8.Zoya buys 2 erasers at ₹5 each and pays ₹50. How much change does Zoya get (in ₹)?
- 9.For Diya, is “a school uniform” a need or a want? (a) Want (b) Need
- 10.Which is worth more: a ₹5 coin or a ₹500 note? (a) 5-rupee coin (b) 500-rupee note
- 11.A water bottle costs ₹160. The shop gives 25% off. What is the sale price (in ₹)?
- 12.Meera spends ₹50 on things to make 22 cups of lemonade and sells them all at ₹5 each. How many rupees does Meera earn after paying the costs?
- 13.Riya spends ₹560 on things to make 47 clay diyas and sells them all at ₹15 each. How many rupees does Riya earn after paying the costs?
- 14.₹810 − ₹640 =
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15.Price list: juice box ₹30, biscuit packet ₹11, toffee ₹3, eraser ₹2.
Gurpreet has ₹10 and buys a toffee. How many rupees are left? - 16.Rahul wants to save ₹500 for a board game in 10 weeks, the same amount each week. How many rupees must Rahul save each week?
- 17.Ishaan’s class stall spends ₹555 to make 35 friendship bands and sells all of them at ₹15 each. What is the loss (in ₹)?
- 18.Kabir has 5 notes of ₹100. How many rupees does Kabir have?
- 19.Gurpreet gets ₹15 every day. How many rupees is that in one week (7 days)?
- 20.Shop A sells a water bottle for ₹120 with free delivery. Shop B sells it for ₹170 plus ₹40 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 21.There are 14 children in a class. Each child needs one pen at ₹17. What is the total cost (in ₹)?
- 22.₹100 + ₹1 + ₹? = ₹111
- 23.Kabir has ₹750. First Kabir pays for needs: notebooks (₹190) and a water bottle (₹150). How many rupees are left for wants?
- 24.There are 17 children in a class. Each child needs one plate of idli at ₹45. What is the total cost (in ₹)?
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25.Dev’s passbook:
Opening balance: ₹3600
Credit: ₹150
Debit: ₹400
Credit: ₹50
Debit: ₹500
What is the closing balance (in ₹)? - 26.Manav wants to save ₹280 for an art kit in 4 weeks, the same amount each week. How many rupees must Manav save each week?
- 27.A study lamp costs ₹480. The shop gives 50% off. What is the sale price (in ₹)?
- 28.A 10 kg bag of dal costs ₹1240. A 5 kg bag costs ₹535. Which bag is cheaper per kg? (a) 10 kg bag (b) 5 kg bag
- 29.A 10 kg bag of tomatoes costs ₹510. A 2 kg bag costs ₹116. Which bag is cheaper per kg? (a) 10 kg bag (b) 2 kg bag
- 30.Riya buys an eraser for ₹4 and a pencil for ₹6. How many rupees does Riya spend in all?
- 31.Shop A sells a football for ₹415 with free delivery. Shop B sells it for ₹300 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 32.Which is the smallest amount: ₹90, ₹70 or ₹84? (a) 70 rupees (b) 84 rupees (c) 90 rupees
- 33.Aarav had ₹33. Aarav spent ₹25 on a juice box. How many rupees are left?
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34.Priya’s shop bill:
1 school bag at ₹740
2 colour pencil sets at ₹100 each
3 pairs of socks at ₹85 each
What is the total bill (in ₹)? - 35.4 friends run a stall selling friendship bands and make a profit of ₹240. They share it equally. How many rupees does each friend get?
- 36.For Sneha, is “bus fare to school” a need or a want? (a) Need (b) Want
- 37.Which is the smallest amount: ₹49, ₹25 or ₹42? (a) 49 rupees (b) 25 rupees (c) 42 rupees
- 38.One ruler costs ₹8. A pack of 3 rulers costs ₹23. How many rupees do you save by buying the pack instead of 3 single ones?
- 39.Which is the same money as one ₹200 note? (a) two 100-rupee notes (b) six 100-rupee notes (c) five 100-rupee notes
- 40.A stall pays ₹19 for each plate of bhel and sells each one for ₹25. It sells 19 plates of bhel. What is the total profit (in ₹)?
Answer key
- Offer 1
- 2
- 44
- 8
- Shop B
- 60
- 10
- 40
- Need
- 500-rupee note
- 120
- 60
- 145
- 170
- 7
- 50
- 30
- 500
- 105
- Shop A
- 238
- 10
- 410
- 765
- 2900
- 70
- 240
- 5 kg bag
- 10 kg bag
- 10
- Shop B
- 70 rupees
- 8
- 1195
- 60
- Need
- 25 rupees
- 1
- two 100-rupee notes
- 114
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids