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.Priya’s class stall spends ₹430 to make 34 plates of bhel and sells all of them at ₹20 each. What is the profit (in ₹)?
- 2.A stall pays ₹4 for each clay diya and sells each one for ₹8. It sells 15 clay diyas. What is the total profit (in ₹)?
- 3.Nisha’s piggy bank has 5 coins of ₹10, 5 coins of ₹5 and 5 coins of ₹2. How many rupees are in it?
- 4.Meera had ₹65. Meera spent ₹8 on an ice candy. How many rupees are left?
- 5.Pooja buys a notebook for ₹30 and pays with a ₹100 note. How much change does Pooja get (in ₹)?
- 6.Shop A sells 4 mangoes for ₹140. Shop B sells 6 mangoes for ₹180. Which shop is cheaper for one mango? (a) Shop A (b) Shop B
- 7.Vivaan spends ₹60 of ₹200 pocket money on books. What percent is that?
- 8.Meera has 9 coins of ₹10. How many rupees does Meera have?
- 9.Which is worth the least: a ₹500 note, a ₹5 coin or a ₹20 coin? (a) 20-rupee coin (b) 500-rupee note (c) 5-rupee coin
- 10.Saanvi buys 5 pencils at ₹7 each and pays ₹50. How much change does Saanvi get (in ₹)?
- 11.One balloon costs ₹8. A pack of 3 balloons costs ₹21. How many rupees do you save by buying the pack instead of 3 single ones?
- 12.Ishaan has one ₹50 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 13.Shop A sells a lunch box for ₹280 with free delivery. Shop B sells it for ₹265 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 14.Kavya has 9 coins of ₹2. Riya has 2 notes of ₹100. Who has less money? (a) Kavya (b) Riya
- 15.Of a ₹45000 monthly budget, 50% goes on clothes and 40% on travel. The rest is saved. How many rupees are saved?
- 16.Tara has ₹700. In a piggy bank it stays ₹700. In a bank at 3% simple interest per year, how many rupees more will Tara have after 1 year?
- 17.Diya spends ₹190 to start a stall and sells each cup of lemonade for ₹25. What is the smallest number Diya must sell to get back the ₹190?
- 18.₹12 + ₹5 =
- 19.2 notebooks cost ₹80. What does one notebook cost (in ₹)?
- 20.Tara makes 2 friendship bands an hour and sells each one for ₹25. How many rupees can Tara earn from 3 hours of work?
- 21.What is the smallest number of coins and notes that make ₹24?
- 22.After 20% off, a water bottle costs ₹704. What was the price before the sale (in ₹)?
- 23.5 pens cost ₹55. What does one pen cost (in ₹)?
- 24.Ishaan’s class stall spends ₹110 to make 38 cupcakes and sells all of them at ₹5 each. What is the profit (in ₹)?
- 25.Arjun has 5 notes of ₹100. Gurpreet has 3 coins of ₹5. Who has more money? (a) Gurpreet (b) Arjun
- 26.Of a ₹39000 monthly budget, 30% goes on food and 5% on travel. The rest is saved. How many rupees are saved?
- 27.Shop A sells a school bag for ₹475 with free delivery. Shop B sells it for ₹470 plus ₹30 delivery. How many rupees do you save by buying from the cheaper shop?
- 28.Riya’s class stall spends ₹220 to make 26 plates of bhel and sells all of them at ₹10 each. What is the profit (in ₹)?
- 29.A notebook costs ₹41. Diya pays ₹50. How much change does Diya get (in ₹)?
- 30.Joseph’s class stall spends ₹585 to make 37 plates of bhel and sells all of them at ₹15 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 31.Kavya has 4 coins of ₹1. How many rupees does Kavya have?
- 32.2 cricket balls cost ₹270. How much do 4 cricket balls cost (in ₹)?
- 33.A day trip costs ₹580 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
- 34.Farhan has one ₹50 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 35.A drawing book costs ₹33.50. Manav pays ₹50. How much change does Manav get, in rupees? =
- 36.Rahul is making a shopping list. Which of these is a want? (a) school shoes (b) a fancy phone cover (c) drinking water (d) a warm blanket
- 37.Manav buys a samosa for ₹15 and pays with a ₹100 note. How much change does Manav get (in ₹)?
- 38.Which is the biggest amount: ₹11, ₹49 or ₹19? (a) 19 rupees (b) 11 rupees (c) 49 rupees
- 39.Kavya has 2 notes of ₹200, 2 notes of ₹10 and 4 coins of ₹5. How many rupees does Kavya have?
- 40.Vivaan buys a samosa for ₹13 and pays with a ₹100 note. How much change does Vivaan get (in ₹)?
Answer key
- 250
- 60
- 85
- 57
- 70
- Shop B
- 30
- 90
- 5-rupee coin
- 15
- 3
- Note
- 5
- Kavya
- 4500
- 21
- 8
- 17
- 40
- 150
- 3
- 880
- 11
- 80
- Arjun
- 25350
- 25
- 40
- 9
- Loss
- 4
- 540
- 290
- Note
- 16.5
- a fancy phone cover
- 85
- 49 rupees
- 440
- 87
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids