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 50% off, a toy train costs ₹340. What was the price before the sale (in ₹)?
- 2.A pair of shoes costs ₹700. Offer 1: 20% off. Offer 2: ₹70 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 3.What is the smallest number of coins and notes that make ₹16?
- 4.₹50 + ₹150 =
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5.Price list: ruler ₹12, banana ₹8, kite ₹22, eraser ₹4.
Which item costs the least? (a) banana (b) eraser (c) kite (d) ruler - 6.Kavya has 4 coins of ₹5 and 5 coins of ₹2. How many rupees does Kavya have?
- 7.Isha has 1 note of ₹200 and 1 note of ₹10. How many rupees does Isha have?
- 8.Nisha has 2 notes of ₹50 and 1 note of ₹20. How many rupees does Nisha have?
- 9.Pooja gets ₹500 pocket money every month. How many rupees is that in one year (12 months)?
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10.Kavya’s passbook:
Opening balance: ₹2100
Credit (money in): ₹700
Debit (money out): ₹?
Closing balance: ₹250
How many rupees was the debit? - 11.Of a ₹36000 monthly budget, 25% goes on food and 20% on clothes. The rest is saved. How many rupees are saved?
- 12.Riya has 1 note of ₹200, 3 notes of ₹10 and 4 coins of ₹1. How many rupees does Riya have?
- 13.₹24 + ₹28 + ₹12 =
- 14.Count up to find the change from ₹500: ₹138 + ₹? = ₹500
- 15.Rohan has 6 coins of ₹5. How many rupees does Rohan have?
- 16.Pooja wants to save ₹400 for a cricket bat in 4 weeks, the same amount each week. How many rupees must Pooja save each week?
- 17.₹? + ₹10 + ₹20 = ₹80
- 18.One small sweet costs ₹2.50. How many rupees do 7 small sweets cost? =
- 19.A jigsaw puzzle costs ₹35. Priya has ₹10 and ₹10. How many more rupees does Priya need?
- 20.Joseph keeps ₹2000 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
- 21.Nisha buys 3 samosas at ₹14 each and pays with a ₹200 note. How much change does Nisha get (in ₹)?
- 22.Nisha keeps ₹700 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
- 23.Lakshmi spends ₹50 of ₹500 pocket money on books. What percent is that?
- 24.Count up to find the change from ₹50: ₹14 + ₹? = ₹50
- 25.2 friends run a stall selling friendship bands and make a profit of ₹140. They share it equally. How many rupees does each friend get?
- 26.Aarav spends ₹350 of ₹700 pocket money on books. What percent is that?
- 27.A jacket costs ₹980. Offer 1: 50% off. Offer 2: ₹180 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 28.Ishaan’s mother scans a shop’s QR code to pay ₹1000. What should she check before she pays? (a) Nothing, just pay (b) The colour of the code (c) The name of the shop
- 29.Kavya keeps ₹100 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
- 30.Farhan has 8 coins of ₹1. Meera has 3 coins of ₹5. Who has more money? (a) Farhan (b) Meera
- 31.A football costs ₹120. Offer 1: 20% off. Offer 2: ₹20 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 32.Zoya’s class stall spends ₹75 to make 15 paper bookmarks and sells all of them at ₹5 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 33.Isha buys a colour pencil set for ₹75 and pays with a ₹100 note. How much change does Isha get (in ₹)?
- 34.₹250 − ₹190 =
- 35.Tara’s class stall spends ₹510 to make 27 clay diyas and sells all of them at ₹20 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
- 36.Diya gets ₹500 pocket money every month. How many rupees is that in one year (12 months)?
- 37.Manav wants a cricket bat that costs ₹885, has ₹10 already and saves ₹20 every week. In how many weeks will Manav have enough?
- 38.Nisha buys a ruler for ₹14 and a pencil for ₹7, and pays ₹50. How much change does Nisha get (in ₹)?
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39.Karan’s shop bill:
1 storybook at ₹150
4 mangoes at ₹20 each
1 lunch box at ₹230
What is the total bill (in ₹)? - 40.Dev buys 6 pens at ₹23 each and pays with a ₹200 note. How much change does Dev get (in ₹)?
Answer key
- 680
- Offer 1
- 3
- 200
- eraser
- 30
- 210
- 120
- 6000
- 2550
- 19800
- 234
- 64
- 362
- 30
- 100
- 50
- 17.5
- 15
- 2300
- 158
- 210
- 10
- 36
- 70
- 50
- Offer 1
- The name of the shop
- 10
- Meera
- Offer 1
- No profit, no loss
- 25
- 60
- Profit
- 6000
- 44
- 29
- 460
- 62
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids