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 1 kg bag of rice costs ₹40. A 2 kg bag costs ₹130. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
- 2.Shop A sells a T-shirt for ₹390 with free delivery. Shop B sells it for ₹310 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
- 3.Farhan keeps ₹400 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
- 4.Isha has 6 notes of ₹20. How many rupees does Isha have?
- 5.7 colour pencil sets cost ₹490. How much do 3 colour pencil sets cost (in ₹)?
- 6.Lakshmi saves ₹50 every week for 10 weeks, then buys a gift for Mum for ₹90. How many rupees are left?
- 7.Meera wants to save ₹440 for a gift for Mum in 11 weeks, the same amount each week. How many rupees must Meera save each week?
- 8.How many coins of ₹5 does Riya need to make ₹30?
- 9.What is the smallest number of coins and notes that make ₹95?
- 10.Dev has ₹44 in a piggy bank. Nani gives Dev ₹30 more. How many rupees does Dev have now?
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11.Ishaan’s passbook:
Opening balance: ₹3400
Debit: ₹300
Debit: ₹200
Debit: ₹400
Credit: ₹500
What is the total of all the credits (in ₹)? -
12.Price list: glue stick ₹18, sharpener ₹8, eraser ₹3, samosa ₹10.
Nisha has ₹100 and buys a samosa. How many rupees are left? - 13.2 friends run a stall selling clay diyas and make a profit of ₹340. They share it equally. How many rupees does each friend get?
- 14.The bill for a badminton racket and a notebook is ₹530. A badminton racket costs ₹490. What does the notebook cost (in ₹)?
- 15.Diya buys a geometry box (₹150), a notebook (₹35), a pen (₹25) and a T-shirt (₹265). What is the total (in ₹)?
- 16.Gurpreet gets ₹200 pocket money every month. How many rupees is that in one year (12 months)?
- 17.Which coins and notes make exactly ₹160? (a) 100 + 50 + 2 (b) 100 + 10 + 1 (c) 100 + 50 + 10
- 18.A study lamp costs ₹200. The shop gives 20% off. What is the sale price (in ₹)?
- 19.₹9 + ₹29 + ₹40 =
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20.Price list: biscuit packet ₹18, juice box ₹30, toffee ₹1, samosa ₹19.
How much do 4 toffees cost (in ₹)? - 21.Kabir has 2 coins of ₹1. Zoya has 6 coins of ₹5. Who has less money? (a) Kabir (b) Zoya
- 22.Of a ₹10000 monthly budget, 50% goes on travel and 10% on food. The rest is saved. How many rupees are saved?
- 23.Count up to find the change from ₹20: ₹11 + ₹? = ₹20
- 24.Shop A sells a T-shirt for ₹255 with free delivery. Shop B sells it for ₹200 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 25.A family plans ₹43000 for the month. 20% of it is for electricity. How many rupees is that?
- 26.Rohan buys a pair of socks (₹65), a mango (₹25), a badminton racket (₹470) and a football (₹290). What is the total (in ₹)?
- 27.Count up to find the change from ₹50: ₹20 + ₹? = ₹50
- 28.Aarav has 3 notes of ₹10. Diya has 3 notes of ₹50. Who has less money? (a) Diya (b) Aarav
- 29.The bill for 2 plates of idli and a water bottle is ₹345. A plate of idli costs ₹55. What does the water bottle cost (in ₹)?
- 30.Riya’s class stall spends ₹50 to make 10 clay diyas and sells all of them at ₹5 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 31.Which is worth more: a ₹500 note or a ₹5 coin? (a) 500-rupee note (b) 5-rupee coin
- 32.Riya spends ₹80 on things to make 22 cups of lemonade and sells them all at ₹5 each. How many rupees does Riya earn after paying the costs?
- 33.₹17 − ₹4.50 =
- 34.An eraser costs ₹2 and a toffee costs ₹1. How many rupees more does the eraser cost?
- 35.How many ₹100 notes make a ₹500 note?
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36.Pooja’s shop bill:
3 pairs of socks at ₹65 each
2 water bottles at ₹240 each
3 footballs at ₹300 each
What is the total bill (in ₹)? - 37.₹280 + ₹340 =
- 38.Farhan has 2 notes of ₹50, 4 notes of ₹20 and 5 coins of ₹2. How many rupees does Farhan have?
- 39.Lakshmi has 2 notes of ₹200, 2 notes of ₹20 and 5 coins of ₹2. How many rupees does Lakshmi have?
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40.Price list: glue stick ₹25, sticker sheet ₹6, toffee ₹1, samosa ₹16.
How many rupees more does a glue stick cost than a sticker sheet?
Answer key
- 1 kg bag
- 30
- 440
- 120
- 210
- 410
- 40
- 6
- 4
- 74
- 500
- 90
- 170
- 40
- 475
- 2400
- 100 + 50 + 10
- 160
- 78
- 4
- Kabir
- 4000
- 9
- Shop B
- 8600
- 850
- 30
- Aarav
- 235
- No profit, no loss
- 500-rupee note
- 30
- 12.5
- 1
- 5
- 1575
- 620
- 190
- 450
- 19
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids