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.Sneha has a budget of ₹500 for a birthday party. The decorations cost ₹70, the return gifts cost ₹70 and the cake cost ₹80. How many rupees are left?
- 2.Arjun sells 21 friendship bands at ₹15 each. How many rupees does Arjun get?
- 3.3 notebooks cost ₹180. What does one notebook cost (in ₹)?
- 4.A cricket bat costs ₹820. The shop gives 10% off. How many rupees is the discount?
- 5.Tara sees that ₹2000 was sent to a wrong number by mistake. What should Tara do first? (a) Keep it a secret (b) Pay again to fix it (c) Tell a parent at once
- 6.Of a ₹12000 monthly budget, 50% goes on food and 10% on electricity. The rest is saved. What percent is saved?
- 7.Arjun has 2 notes of ₹100 and 4 notes of ₹10. How many rupees does Arjun have?
- 8.How many coins of ₹2 does Aditya need to make ₹6?
- 9.Rahul has one ₹2 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 10.Which coins and notes make exactly ₹111? (a) 10 + 1 + 1 (b) 100 + 5 + 1 (c) 100 + 10 + 1
- 11.Kabir has 2 coins of ₹2. How many rupees does Kabir have?
- 12.₹15.50 − ₹2 =
- 13.₹440 − ₹330 =
- 14.One cricket ball costs ₹140. How much do 4 cricket balls cost (in ₹)?
- 15.The bill for 2 notebooks and a geometry box is ₹175. A notebook costs ₹45. What does the geometry box cost (in ₹)?
- 16.Zoya is making a shopping list. Which of these is a need? (a) a video game (b) medicine when ill (c) designer sunglasses (d) a bigger TV
- 17.An eraser costs ₹3. Zoya pays ₹10. How much change does Zoya get (in ₹)?
- 18.Tara has a budget of ₹1500 for a birthday party. The balloons cost ₹300, the return gifts cost ₹230 and the cake cost ₹40. How many rupees are left?
- 19.Joseph buys a sharpener for ₹9 and a toffee for ₹3. How many rupees does Joseph spend in all?
- 20.Riya’s class stall spends ₹350 to make 14 cups of lemonade and sells all of them at ₹25 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
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21.Zoya’s shop bill:
4 notebooks at ₹35 each
1 badminton racket at ₹490
2 geometry boxes at ₹95 each
What is the total bill (in ₹)? - 22.Which is the smallest amount: ₹43, ₹33 or ₹78? (a) 43 rupees (b) 33 rupees (c) 78 rupees
- 23.Nisha makes 6 paper bookmarks an hour and sells each one for ₹25. How many rupees can Nisha earn from 4 hours of work?
- 24.Aditya has 3 notes of ₹100. How many rupees does Aditya have?
- 25.200 paise is how many rupees? =
- 26.Manav buys 2 bananas at ₹6 each and pays ₹20. How much change does Manav get (in ₹)?
- 27.Shop A sells 5 plates of idli for ₹175. Shop B sells 3 plates of idli for ₹135. Which shop is cheaper for one plate of idli? (a) Shop A (b) Shop B
- 28.Arjun has a budget of ₹2000 for a birthday party. The juice cost ₹90, the balloons cost ₹390 and the snacks cost ₹90. How many rupees are left?
- 29.Shop A sells 4 geometry boxes for ₹420. Shop B sells 6 geometry boxes for ₹900. Which shop is cheaper for one geometry box? (a) Shop B (b) Shop A
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30.Price list: banana ₹6, juice box ₹30, ice candy ₹11, crayon box ₹45.
How many rupees more does a crayon box cost than an ice candy? - 31.Meera’s class stall spends ₹260 to make 10 friendship bands and sells all of them at ₹30 each. What is the profit (in ₹)?
- 32.Farhan’s class stall spends ₹620 to make 20 greeting cards and sells all of them at ₹30 each. What is the loss (in ₹)?
- 33.24 children go on a school trip to the museum. The bus costs ₹70 for each child and the ticket costs ₹30 for each child. What is the total cost (in ₹)?
- 34.Ishaan spends ₹130 to start a stall and sells each cup of lemonade for ₹5. What is the smallest number Ishaan must sell to get back the ₹130?
- 35.What is the smallest number of coins and notes that make ₹125?
- 36.Saanvi keeps ₹1600 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
- 37.Karan’s class stall spends ₹390 to make 16 plates of bhel and sells all of them at ₹25 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 38.A cricket bat costs ₹940. Offer 1: 50% off. Offer 2: ₹130 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 39.Zoya gets ₹70 pocket money every week. How many rupees is that in 12 weeks?
- 40.Aarav buys 6 pairs of socks at ₹80 each and pays with a ₹500 note. How much change does Aarav get (in ₹)?
Answer key
- 280
- 315
- 60
- 82
- Tell a parent at once
- 40
- 240
- 3
- Coin
- 100 + 10 + 1
- 4
- 13.5
- 110
- 560
- 85
- medicine when ill
- 7
- 930
- 12
- No profit, no loss
- 820
- 33 rupees
- 600
- 300
- 2
- 8
- Shop A
- 1430
- Shop A
- 34
- 40
- 20
- 2400
- 26
- 3
- 96
- Profit
- Offer 1
- 840
- 20
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids