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.₹? + ₹10 + ₹1 = ₹16
- 2.Dev has ₹1000. First Dev pays for needs: a raincoat (₹320) and socks (₹300). How many rupees are left for wants?
- 3.How many coins of ₹2 does Farhan need to make ₹6?
- 4.5 friends run a stall selling cups of lemonade and make a profit of ₹1350. They share it equally. How many rupees does each friend get?
- 5.Count up to find the change from ₹500: ₹40 + ₹? = ₹500
- 6.Shop A sells 2 cricket balls for ₹220. Shop B sells 3 cricket balls for ₹360. What does one cricket ball cost at the cheaper shop (in ₹)?
- 7.Farhan sells 30 cups of lemonade at ₹5 each. How many rupees does Farhan get?
- 8.A school bag costs ₹660. The shop gives 20% off. What is the sale price (in ₹)?
- 9.Isha saves ₹80 every week for 7 weeks, then buys a cricket bat for ₹410. How many rupees are left?
- 10.Lakshmi keeps ₹1600 in a bank. After 3 years the simple interest is ₹240. What is the rate of interest per year (in %)?
- 11.Kavya has ₹270 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Kavya can buy?
- 12.What do 5 samosas at ₹14 each and 5 notebooks at ₹60 each cost in all (in ₹)?
- 13.Shop A sells a football for ₹340 with free delivery. Shop B sells it for ₹385 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 14.Which coins and notes make exactly ₹115? (a) 100 + 50 + 10 (b) 100 + 20 + 5 (c) 100 + 10 + 5
- 15.Lakshmi has ₹52. A crayon box costs ₹50. Does Lakshmi have enough money to buy it? (a) No (b) Yes
- 16.What is the smallest number of coins and notes that make ₹14?
- 17.Vivaan is making a shopping list. Which of these is a need? (a) drinking water (b) a new party dress (c) a fancy phone cover (d) a bigger TV
- 18.How many ₹100 notes make a ₹500 note?
- 19.Tara got ₹225 in 9 weeks, the same amount every week. How many rupees is that each week?
- 20.How many coins of ₹20 does Isha need to make ₹60?
- 21.₹18 + ₹32 + ₹26 =
- 22.What is the smallest number of coins and notes that make ₹112?
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23.Kavya’s shop bill:
4 colour pencil sets at ₹90 each
1 pen at ₹10
1 T-shirt at ₹240
What is the total bill (in ₹)? - 24.Kabir has ₹850. First Kabir pays for needs: socks (₹190) and a lunch box (₹100). How many rupees are left for wants?
- 25.Farhan saves ₹50 every week for 10 weeks, then buys a bicycle for ₹130. How many rupees are left?
- 26.Of a ₹25000 monthly budget, 10% goes on school fees and 50% on rent. The rest is saved. What percent is saved?
- 27.A family plans ₹20000 for the month. 20% of it is for rent. How many rupees is that?
- 28.Which is the smallest amount: ₹44, ₹27 or ₹93? (a) 27 rupees (b) 44 rupees (c) 93 rupees
- 29.Of a ₹46000 monthly budget, 10% goes on school fees and 20% on travel. The rest is saved. What percent is saved?
- 30.₹610 − ₹530 =
- 31.The bill for a school bag and a pen is ₹600. A school bag costs ₹580. What does the pen cost (in ₹)?
- 32.₹540 − ₹110 =
- 33.Vivaan has ₹900. In a piggy bank it stays ₹900. In a bank at 9% simple interest per year, how many rupees more will Vivaan have after 2 years?
- 34.Pooja wants a cricket bat that costs ₹715, has ₹330 already and saves ₹40 every week. In how many weeks will Pooja have enough?
- 35.Aditya buys a sharpener for ₹8 and a glue stick for ₹16. How many rupees does Aditya spend in all?
- 36.Sneha wants to save ₹300 for a storybook set in 3 weeks, the same amount each week. How many rupees must Sneha save each week?
- 37.One pencil costs ₹5. A pack of 3 pencils costs ₹14. How many rupees do you save by buying the pack instead of 3 single ones?
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38.Zoya’s passbook:
Opening balance: ₹800
Credit (money in): ₹350
Debit (money out): ₹?
Closing balance: ₹300
How many rupees was the debit? - 39.Pooja’s class stall spends ₹730 to make 30 plates of bhel and sells all of them at ₹25 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
- 40.₹8 + ₹8 + ₹6 =
Answer key
- 5
- 380
- 3
- 270
- 460
- 110
- 150
- 528
- 150
- 5
- 5
- 370
- 65
- 100 + 10 + 5
- Yes
- 3
- drinking water
- 5
- 25
- 3
- 76
- 3
- 610
- 560
- 370
- 40
- 4000
- 27 rupees
- 70
- 80
- 20
- 430
- 162
- 10
- 24
- 100
- 1
- 850
- Profit
- 22
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids