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.Joseph’s piggy bank has 2 coins of ₹10, 4 coins of ₹2 and 5 coins of ₹1. How many rupees are in it?
- 2.Shop A sells 5 cricket balls for ₹525. Shop B sells 4 cricket balls for ₹560. Which shop is cheaper for one cricket ball? (a) Shop A (b) Shop B
- 3.A family plans ₹30000 for the month. 20% of it is for electricity. How many rupees is that?
- 4.Pooja has 3 notes of ₹10. Sneha has 9 coins of ₹5. Who has less money? (a) Pooja (b) Sneha
- 5.₹16.50 + ₹11.50 =
- 6.Manav buys a pencil for ₹8 and a samosa for ₹12, and pays ₹50. How much change does Manav get (in ₹)?
- 7.Farhan has one ₹100 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 8.5 water bottles cost ₹1175. What does one water bottle cost (in ₹)?
- 9.Lakshmi wants a gift for Mum that costs ₹480. Lakshmi saves ₹80 every week. How many weeks will it take?
- 10.Shop A sells a badminton racket for ₹600 with free delivery. Shop B sells it for ₹590 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 11.A family plans ₹16000 for the month. 20% of it is for travel. How many rupees is that?
- 12.The bill for 3 samosas and a pen is ₹82. A samosa costs ₹20. What does the pen cost (in ₹)?
- 13.₹8.50 + ₹16 =
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14.Nisha’s shop bill:
1 football at ₹390
1 pen at ₹19
3 notebooks at ₹40 each
What is the total bill (in ₹)? - 15.Shop A sells a lunch box for ₹190 with free delivery. Shop B sells it for ₹245 plus ₹60 delivery. How many rupees do you save by buying from the cheaper shop?
- 16.A stranger asks Ananya to scan a QR code to “get” ₹25000. What is true? (a) QR codes are always safe (b) It gives you money (c) Scanning a QR pays money
- 17.How many notes of ₹10 make ₹40?
- 18.Of a ₹12000 monthly budget, 25% goes on school fees and 5% on travel. The rest is saved. What percent is saved?
- 19.Lakshmi has 3 notes of ₹10. How many rupees does Lakshmi have?
- 20.Which is worth more: a ₹500 note or a ₹2 coin? (a) 500-rupee note (b) 2-rupee coin
- 21.Saanvi has 1 note of ₹50, 3 notes of ₹10 and 2 coins of ₹1. How many rupees does Saanvi have?
- 22.Manav’s class stall spends ₹1210 to make 39 clay diyas and sells all of them at ₹30 each. What is the loss (in ₹)?
- 23.Tara’s class stall spends ₹410 to make 40 friendship bands and sells all of them at ₹10 each. What is the loss (in ₹)?
- 24.₹1700 earns 5% simple interest per year. In how many years will the interest be ₹85?
- 25.How many geometry boxes can you buy with ₹435 if one costs ₹145?
- 26.Arjun buys 2 lunch boxes at ₹175 each and pays with a ₹500 note. How much change does Arjun get (in ₹)?
- 27.₹50 + ₹20 + ₹? = ₹71
- 28.Kavya buys a geometry box (₹95), a pair of socks (₹55), a samosa (₹14) and a storybook (₹170). What is the total (in ₹)?
- 29.What do 3 geometry boxes at ₹95 each and 5 T-shirts at ₹230 each cost in all (in ₹)?
- 30.2 friends run a stall selling cups of lemonade and make a profit of ₹500. They share it equally. How many rupees does each friend get?
- 31.Kavya has ₹42 in a piggy bank. Mausi gives Kavya ₹37 more. How many rupees does Kavya have now?
- 32.Arjun has ₹850. First Arjun pays for needs: notebooks (₹170) and a geometry box (₹150). How many rupees are left for wants?
- 33.One water bottle costs ₹190. How much do 8 water bottles cost (in ₹)?
- 34.Shop A sells 6 mangoes for ₹150. Shop B sells 4 mangoes for ₹80. What does one mango cost at the cheaper shop (in ₹)?
- 35.Lakshmi spends ₹290 to start a stall and sells each plate of bhel for ₹20. What is the smallest number Lakshmi must sell to get back the ₹290?
- 36.₹17.50 − ₹9.50 =
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37.Price list: toffee ₹2, biscuit packet ₹13, sticker sheet ₹7, balloon ₹10.
How much do 5 toffees cost (in ₹)? - 38.How many water bottles can you buy with ₹1375 if one costs ₹125?
- 39.Isha is making a shopping list. Which of these is a want? (a) toothpaste (b) sweets every day (c) a warm blanket (d) vegetables
- 40.Nisha has ₹30. A juice box costs ₹25. Does Nisha have enough money to buy it? (a) Yes (b) No
Answer key
- 33
- Shop A
- 6000
- Pooja
- 28
- 30
- Note
- 235
- 6
- Shop A
- 3200
- 22
- 24.5
- 529
- 115
- Scanning a QR pays money
- 4
- 70
- 30
- 500-rupee note
- 82
- 40
- 10
- 1
- 3
- 150
- 1
- 334
- 1435
- 250
- 79
- 530
- 1520
- 20
- 15
- 8
- 10
- 11
- sweets every day
- Yes
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids