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
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1.Ishaan’s shop bill:
1 samosa at ₹14
1 notebook at ₹60
1 school bag at ₹465
What is the total bill (in ₹)? - 2.How many ₹1 coins make a ₹10 coin?
- 3.Vivaan has ₹230 for return gifts. Each gift costs ₹40. What is the greatest number of gifts Vivaan can buy?
- 4.Sneha saves ₹60 every week for 7 weeks, then buys a cricket bat for ₹50. How many rupees are left?
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5.Arjun’s shop bill:
1 geometry box at ₹105
2 lunch boxes at ₹290 each
3 pairs of socks at ₹65 each
What is the total bill (in ₹)? - 6.Ananya keeps ₹1900 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
- 7.₹17.50 − ₹7.50 =
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8.Price list: crayon box ₹30, pencil ₹4, juice box ₹20, biscuit packet ₹10.
How many rupees more does a crayon box cost than a juice box? - 9.How many lunch boxes can you buy with ₹320 if one costs ₹160?
- 10.How many ₹10 coins make a ₹20 coin?
- 11.Sneha has 4 notes of ₹10. Meera has 8 coins of ₹2. How many more rupees does Sneha have?
- 12.Joseph has 2 notes of ₹100. Ishaan has 9 notes of ₹50. Who has more money? (a) Ishaan (b) Joseph
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13.Price list: sticker sheet ₹8, sharpener ₹5, crayon box ₹30, ice candy ₹14.
Rohan has ₹10 and buys a sharpener. How many rupees are left? - 14.Manav is making a shopping list. Which of these is a want? (a) notebooks for school (b) toothpaste (c) a third cricket bat (d) milk
- 15.A board game costs ₹360. The shop gives 50% off. What is the sale price (in ₹)?
- 16.Priya keeps ₹1100 in a bank. After 4 years the simple interest is ₹352. What is the rate of interest per year (in %)?
- 17.Isha’s class stall spends ₹80 to make 18 paper bookmarks and sells all of them at ₹5 each. What is the profit (in ₹)?
- 18.Zoya has ₹23. A glue stick costs ₹25. Does Zoya have enough money to buy it? (a) Yes (b) No
- 19.Manav had ₹59. Manav spent ₹30 on a notebook. How many rupees are left?
- 20.Which is worth more: a ₹20 coin or a ₹50 note? (a) 50-rupee note (b) 20-rupee coin
- 21.One badminton racket costs ₹550. How much do 2 badminton rackets cost (in ₹)?
- 22.Meera wants a gift for Mum that costs ₹355, has ₹130 already and saves ₹60 every week. In how many weeks will Meera have enough?
- 23.A 2 kg bag of rice costs ₹126. A 1 kg bag costs ₹53. How many rupees per kg do you save with the cheaper bag?
- 24.₹240 + ₹310 =
- 25.Kavya spends ₹200 to start a stall and sells each paper bookmark for ₹25. What is the smallest number Kavya must sell to get back the ₹200?
- 26.₹270 + ₹190 =
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27.Price list: eraser ₹2, toffee ₹1, ruler ₹15, pencil ₹7.
How much do 5 erasers cost (in ₹)? - 28.Lakshmi gets ₹550 from a relative by bank transfer. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 29.Meera has 1 note of ₹100, 4 notes of ₹10 and 2 coins of ₹1. How many rupees does Meera have?
- 30.Joseph has ₹11 in a piggy bank. Chacha gives Joseph ₹37 more. How many rupees does Joseph have now?
- 31.A stall pays ₹14 for each paper bookmark and sells each one for ₹22. It sells 33 paper bookmarks. What is the total profit (in ₹)?
- 32.Pooja spends ₹260 on things to make 38 greeting cards and sells them all at ₹10 each. How many rupees does Pooja earn after paying the costs?
- 33.A water bottle costs ₹400. Offer 1: 20% off. Offer 2: ₹10 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 34.Aarav makes 5 clay diyas an hour and sells each one for ₹20. How many rupees can Aarav earn from 2 hours of work?
- 35.Someone online asks Nisha for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) A friend at school (c) No one
- 36.A day trip costs ₹1610 in all. 7 friends share the cost equally. How much does each friend pay (in ₹)?
- 37.Which coins and notes make exactly ₹103? (a) 100 + 2 + 2 (b) 100 + 50 + 1 (c) 100 + 2 + 1
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38.Ishaan’s passbook:
Opening balance: ₹4700
Credit: ₹100
Debit: ₹150
Debit: ₹350
Debit: ₹150
What is the closing balance (in ₹)? - 39.Rahul has 4 coins of ₹2 and 6 coins of ₹20. How many rupees does Rahul have?
- 40.A pair of shoes costs ₹580. The shop gives 25% off. What is the sale price (in ₹)?
Answer key
- 539
- 10
- 5
- 370
- 880
- 228
- 10
- 10
- 2
- 2
- 24
- Ishaan
- 5
- a third cricket bat
- 180
- 8
- 10
- No
- 29
- 50-rupee note
- 1100
- 4
- 10
- 550
- 8
- 460
- 10
- Credit
- 142
- 48
- 264
- 120
- Offer 1
- 200
- No one
- 230
- 100 + 2 + 1
- 4150
- 128
- 435
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids