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.Ishaan spends ₹230 on things to make 19 cups of lemonade and sells them all at ₹20 each. How many rupees does Ishaan earn after paying the costs?
- 2.Of a ₹47000 monthly budget, 5% goes on school fees and 30% on travel. The rest is saved. What percent is saved?
- 3.Kabir has 10 coins of ₹1. How many rupees does Kabir have?
- 4.Meera buys a samosa for ₹19 and a notebook for ₹25. How many rupees does Meera spend in all?
- 5.₹30 − ₹8.50 =
- 6.Rohan has ₹300. First Rohan pays for needs: school shoes (₹80) and notebooks (₹80). How many rupees are left for wants?
- 7.Which is the same money as one ₹10 note? (a) six 5-rupee coins (b) four 5-rupee coins (c) two 5-rupee coins
- 8.Meera is making a shopping list. Which of these is a need? (a) a raincoat (b) designer sunglasses (c) extra comic books (d) a fancy phone cover
- 9.Shop A sells 4 cricket balls for ₹400. Shop B sells 5 cricket balls for ₹650. Which shop is cheaper for one cricket ball? (a) Shop A (b) Shop B
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10.Rahul’s passbook:
Opening balance: ₹700
Credit (money in): ₹1000
Debit (money out): ₹1050
What is the balance now (in ₹)? - 11.Kabir keeps ₹900 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
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12.Price list: balloon ₹9, notebook ₹35, ice candy ₹15, sharpener ₹5.
How much do a sharpener and an ice candy cost together (in ₹)? - 13.There are 18 children in a class. Each child needs one samosa at ₹13. What is the total cost (in ₹)?
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14.Price list: ice candy ₹9, kite ₹25, samosa ₹18, biscuit packet ₹13.
Priya has ₹100 and buys a samosa. How many rupees are left? - 15.Shop A sells 3 geometry boxes for ₹360. Shop B sells 6 geometry boxes for ₹810. What does one geometry box cost at the cheaper shop (in ₹)?
- 16.Karan makes 2 greeting cards an hour and sells each one for ₹15. How many rupees can Karan earn from 4 hours of work?
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17.Price list: pencil ₹5, balloon ₹7, notebook ₹45, biscuit packet ₹14.
Rahul has ₹20 and buys a balloon. How many rupees are left? - 18.₹11 + ₹12 + ₹21 =
- 19.Meera gets a link: “Click now to win a phone worth ₹5000!” What should Meera do? (a) Click it to win (b) Send it to friends (c) Ignore it, tell a parent
- 20.Dev buys 4 samosas at ₹13 each and pays with a ₹100 note. How much change does Dev get (in ₹)?
- 21.Riya has ₹200. In a piggy bank it stays ₹200. In a bank at 10% simple interest per year, how many rupees more will Riya have after 3 years?
- 22.Dev buys 2 cricket balls at ₹100 each and pays with a ₹500 note. How much change does Dev get (in ₹)?
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23.Price list: pencil ₹5, ice candy ₹8, toffee ₹2, ruler ₹10.
How much do 2 pencils cost (in ₹)? - 24.Diya buys 3 storybooks at ₹155 each and pays with a ₹500 note. How much change does Diya get (in ₹)?
- 25.How many notes of ₹10 make ₹70?
- 26.A toy car costs ₹62. Diya has ₹5 and ₹5. How many more rupees does Diya need?
- 27.Kabir has 2 notes of ₹100, 2 notes of ₹20 and 1 coin of ₹2. How many rupees does Kabir have?
- 28.One cricket ball costs ₹140. How much do 9 cricket balls cost (in ₹)?
- 29.Rahul has ₹21 in a piggy bank. Chacha gives Rahul ₹11 more. How many rupees does Rahul have now?
- 30.Ananya’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
- 31.A water bottle costs ₹260. The shop gives 50% off. What is the sale price (in ₹)?
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32.Gurpreet’s shop bill:
1 geometry box at ₹135
3 samosas at ₹13 each
4 water bottles at ₹180 each
What is the total bill (in ₹)? - 33.Saanvi has ₹4. A sharpener costs ₹9. Does Saanvi have enough money to buy it? (a) No (b) Yes
- 34.Ananya had ₹90. Ananya spent ₹8 on a pencil. How many rupees are left?
- 35.A pencil box costs ₹8.50. Priya pays ₹20. How much change does Priya get, in rupees? =
- 36.A school bag costs ₹380. Offer 1: 50% off. Offer 2: ₹100 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 37.Shop A sells 5 pairs of socks for ₹350. Shop B sells 3 pairs of socks for ₹195. Which shop is cheaper for one pair of socks? (a) Shop B (b) Shop A
- 38.A toy train costs ₹640. The shop gives 20% off. How many rupees is the discount?
- 39.The bill for 3 mangoes and a football is ₹415. A mango costs ₹30. What does the football cost (in ₹)?
- 40.Arjun spends ₹120 on things to make 25 cups of lemonade and sells them all at ₹10 each. How many rupees does Arjun earn after paying the costs?
Answer key
- 150
- 65
- 10
- 44
- 21.5
- 140
- two 5-rupee coins
- a raincoat
- Shop A
- 650
- 54
- 20
- 234
- 82
- 120
- 120
- 13
- 44
- Ignore it, tell a parent
- 48
- 60
- 300
- 10
- 35
- 7
- 52
- 242
- 1260
- 32
- The name of the shop
- 130
- 894
- No
- 82
- 11.5
- Offer 1
- Shop B
- 128
- 325
- 130
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids