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.Shop A sells a lunch box for ₹160 with free delivery. Shop B sells it for ₹275 plus ₹80 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 2.Shop A sells 5 pairs of socks for ₹325. Shop B sells 4 pairs of socks for ₹220. What does one pair of socks cost at the cheaper shop (in ₹)?
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3.Dev’s shop bill:
1 badminton racket at ₹365
4 T-shirts at ₹235 each
2 pairs of socks at ₹90 each
What is the total bill (in ₹)? - 4.Which is worth more: a ₹5 coin or a ₹50 note? (a) 5-rupee coin (b) 50-rupee note
- 5.A lunch box costs ₹155 online. Delivery is ₹20 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 6.15 children go on a school trip to the zoo. The bus costs ₹20 for each child and the ticket costs ₹45 for each child. What is the total cost (in ₹)?
- 7.Gurpreet buys 2 cricket balls at ₹105 each and pays with a ₹500 note. How much change does Gurpreet get (in ₹)?
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8.Price list: ice candy ₹12, notebook ₹25, banana ₹5, glue stick ₹23.
Which item costs the most? (a) glue stick (b) ice candy (c) banana (d) notebook - 9.Count up to find the change from ₹200: ₹100 + ₹? = ₹200
- 10.Pooja sells 47 paper bookmarks at ₹15 each. How many rupees does Pooja get?
- 11.A family plans ₹30000 for the month. 25% of it is for travel. How many rupees is that?
- 12.Meera had ₹98. Meera spent ₹30 on a notebook. How many rupees are left?
- 13.Which is worth more: a ₹10 coin or a ₹5 coin? (a) 5-rupee coin (b) 10-rupee coin
- 14.Farhan buys 3 samosas at ₹16 each and pays with a ₹200 note. How much change does Farhan get (in ₹)?
- 15.4 mangoes cost ₹80. How much do 7 mangoes cost (in ₹)?
- 16.Rohan keeps ₹2000 in a bank. After 1 year the simple interest is ₹160. What is the rate of interest per year (in %)?
- 17.Kavya’s class stall spends ₹110 to make 13 greeting cards and sells all of them at ₹10 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 18.₹220 − ₹80 =
- 19.Shop A sells a lunch box for ₹275 with free delivery. Shop B sells it for ₹235 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 20.The bill for 3 samosas and a football is ₹439. A samosa costs ₹13. What does the football cost (in ₹)?
- 21.Priya is making a shopping list. Which of these is a need? (a) a bigger TV (b) designer sunglasses (c) a warm blanket (d) a toy robot
- 22.Diya saves ₹60 every week for 9 weeks, then buys a gift for Mum for ₹200. How many rupees are left?
- 23.₹2000 earns 5% simple interest per year. In how many years will the interest be ₹300?
- 24.Priya’s mother scans a shop’s QR code to pay ₹25000. What should she check before she pays? (a) Nothing, just pay (b) The name of the shop (c) The colour of the code
- 25.₹12 + ₹53 =
- 26.Vivaan has 1 note of ₹100 and 5 notes of ₹20. How many rupees does Vivaan have?
- 27.A 5 kg bag of dal costs ₹540. A 1 kg bag costs ₹135. How many rupees per kg do you save with the cheaper bag?
- 28.Which coins and notes make exactly ₹75? (a) 50 + 20 + 1 (b) 20 + 5 + 1 (c) 50 + 20 + 5
- 29.A day trip costs ₹800 in all. 5 friends share the cost equally. How much does each friend pay (in ₹)?
- 30.Karan has 6 notes of ₹50. How many rupees does Karan have?
- 31.Dev makes 4 friendship bands an hour and sells each one for ₹5. How many rupees can Dev earn from 1 hour of work?
- 32.Which is worth more: a ₹100 note or a ₹5 coin? (a) 100-rupee note (b) 5-rupee coin
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33.Sneha’s shop bill:
1 cricket ball at ₹125
3 mangoes at ₹30 each
1 school bag at ₹565
What is the total bill (in ₹)? -
34.Ananya’s passbook:
Opening balance: ₹2100
Debit: ₹100
Debit: ₹150
Debit: ₹400
Credit: ₹350
What is the closing balance (in ₹)? - 35.Isha buys 5 mangoes at ₹40 each and pays with a ₹500 note. How much change does Isha get (in ₹)?
- 36.Isha has ₹19. A glue stick costs ₹16. Does Isha have enough money to buy it? (a) No (b) Yes
- 37.Isha has 4 notes of ₹200, 2 notes of ₹20 and 3 coins of ₹2. How many rupees does Isha have?
- 38.One storybook costs ₹150. How much do 7 storybooks cost (in ₹)?
- 39.10 school bags cost ₹7650. How much do 4 school bags cost (in ₹)?
- 40.Of a ₹28000 monthly budget, 25% goes on school fees and 30% on electricity. The rest is saved. How many rupees are saved?
Answer key
- Shop A
- 55
- 1485
- 50-rupee note
- 165
- 975
- 290
- notebook
- 100
- 705
- 7500
- 68
- 10-rupee coin
- 152
- 140
- 8
- Profit
- 140
- 20
- 400
- a warm blanket
- 340
- 3
- The name of the shop
- 65
- 200
- 27
- 50 + 20 + 5
- 160
- 300
- 20
- 100-rupee note
- 780
- 1800
- 300
- Yes
- 846
- 1050
- 3060
- 12600
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids