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.₹63 − ₹62 =
- 2.After 25% off, a cricket bat costs ₹240. What was the price before the sale (in ₹)?
- 3.One ice candy costs ₹8. A pack of 3 ice candies costs ₹20. How many rupees do you save by buying the pack instead of 3 single ones?
- 4.Which coins and notes make exactly ₹72? (a) 50 + 20 + 2 (b) 50 + 20 + 5 (c) 100 + 20 + 2
- 5.Vivaan has 2 notes of ₹10. How many rupees does Vivaan have?
- 6.Ishaan’s class stall spends ₹260 to make 23 greeting cards and sells all of them at ₹10 each. What is the loss (in ₹)?
- 7.250 paise is how many rupees? =
- 8.Which coins and notes make exactly ₹111? (a) 100 + 10 + 1 (b) 20 + 10 + 1 (c) 100 + 50 + 1
- 9.Pooja gets ₹90 pocket money every week. How many rupees is that in 5 weeks?
- 10.₹59 + ₹40 =
- 11.A raincoat costs ₹180. The shop gives 50% off. How many rupees is the discount?
- 12.Isha is making a shopping list. Which of these is a want? (a) a school uniform (b) school shoes (c) milk (d) a toy robot
- 13.Ishaan got ₹90 in 9 weeks, the same amount every week. How many rupees is that each week?
- 14.Aditya has 2 coins of ₹2. Joseph has 6 coins of ₹1. How many more rupees does Joseph have?
- 15.A 5 kg bag of tomatoes costs ₹290. A 2 kg bag costs ₹110. How many rupees per kg do you save with the cheaper bag?
- 16.₹800 earns 2% simple interest per year. In how many years will the interest be ₹64?
- 17.Nisha sells 13 cupcakes at ₹10 each. How many rupees does Nisha get?
- 18.Farhan has 6 notes of ₹100. Kavya has 8 coins of ₹5. Who has less money? (a) Farhan (b) Kavya
- 19.Joseph has one ₹5 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 20.Meera has ₹650 for return gifts. Each gift costs ₹25. What is the greatest number of gifts Meera can buy?
- 21.Manav has 3 notes of ₹10. How many rupees does Manav have?
- 22.Arjun gets ₹35 pocket money every week. How many rupees is that in 11 weeks?
- 23.₹300 earns 4% simple interest per year. In how many years will the interest be ₹60?
- 24.Saanvi’s mother scans a shop’s QR code to pay ₹500. What should she check before she pays? (a) The colour of the code (b) Nothing, just pay (c) The name of the shop
- 25.₹19.50 − ₹2.50 =
- 26.Saanvi buys 2 pairs of socks at ₹65 each and pays with a ₹500 note. How much change does Saanvi get (in ₹)?
- 27.₹51 − ₹31 =
- 28.Isha takes out ₹1000 from an ATM. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 29.Shop A sells a cricket ball for ₹130 with free delivery. Shop B sells it for ₹105 plus ₹80 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 30.Zoya keeps ₹1300 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 4 years?
- 31.A family plans ₹16000 for the month. 30% of it is for school fees. How many rupees is that?
- 32.Joseph got ₹300 in 5 weeks, the same amount every week. How many rupees is that each week?
- 33.A stall pays ₹10 for each clay diya and sells each one for ₹11. It sells 34 clay diyas. What is the total profit (in ₹)?
- 34.Count up to find the change from ₹500: ₹334 + ₹? = ₹500
- 35.Meera’s class stall spends ₹870 to make 30 cups of lemonade and sells all of them at ₹30 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 36.How many coins of ₹5 does Saanvi need to make ₹15?
- 37.Aarav buys 6 samosas at ₹14 each and pays with a ₹500 note. How much change does Aarav get (in ₹)?
- 38.Gurpreet’s mother has ₹1200 in her bank account. She pays ₹230 for milk and ₹200 for medicines by UPI. How many rupees are left in the account?
- 39.Saanvi buys a pair of socks for ₹85 and pays with a ₹100 note. How much change does Saanvi get (in ₹)?
- 40.Meera has 7 coins of ₹2. Nisha has 5 coins of ₹5. Who has more money? (a) Nisha (b) Meera
Answer key
- 1
- 320
- 4
- 50 + 20 + 2
- 20
- 30
- 2.5
- 100 + 10 + 1
- 450
- 99
- 90
- a toy robot
- 10
- 2
- 3
- 4
- 130
- Kavya
- Coin
- 26
- 30
- 385
- 5
- The name of the shop
- 17
- 370
- 20
- Debit
- Shop A
- 468
- 4800
- 60
- 34
- 166
- Profit
- 3
- 416
- 770
- 15
- Nisha
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids