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.Kabir has 5 notes of ₹50 and 4 notes of ₹20. How many rupees does Kabir have?
- 2.Isha has ₹750 for return gifts. Each gift costs ₹40. What is the greatest number of gifts Isha can buy?
- 3.Kabir’s mother has ₹2200 in her bank account. She pays ₹320 for school books and ₹90 for bread by UPI. How many rupees are left in the account?
- 4.What do 2 cricket balls at ₹115 each and 3 lunch boxes at ₹285 each cost in all (in ₹)?
- 5.A skipping rope costs ₹75. Meera has ₹5 and ₹2. How many more rupees does Meera need?
- 6.600 paise is how many rupees? =
- 7.6 plates of idli cost ₹270. What does one plate of idli cost (in ₹)?
- 8.Pooja has ₹36 in a piggy bank. Nani gives Pooja ₹16 more. How many rupees does Pooja have now?
- 9.Joseph wants a bicycle that costs ₹2780, has ₹90 already and saves ₹200 every week. In how many weeks will Joseph have enough?
- 10.A balloon costs ₹8. Kavya pays ₹10. How much change does Kavya get (in ₹)?
- 11.How many coins of ₹20 does Arjun need to make ₹160?
- 12.A family plans ₹14000 for the month. 10% of it is for clothes. How many rupees is that?
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13.Diya’s shop bill:
4 lunch boxes at ₹235 each
4 colour pencil sets at ₹100 each
2 plates of idli at ₹45 each
What is the total bill (in ₹)? -
14.Price list: juice box ₹25, kite ₹21, ruler ₹10, pencil ₹4.
How much do a juice box and a kite cost together (in ₹)? - 15.A jigsaw puzzle costs ₹60. Kavya has ₹5 and ₹2. How many more rupees does Kavya need?
- 16.Ishaan buys a T-shirt (₹360), a football (₹310), a notebook (₹55) and a colour pencil set (₹100). What is the total (in ₹)?
- 17.Meera has ₹20 in a piggy bank. Nani gives Meera ₹10 more. How many rupees does Meera have now?
- 18.A sharpener costs ₹4 and a kite costs ₹16. How many rupees more does the kite cost?
- 19.A glue stick costs ₹17. Manav pays ₹50. How much change does Manav get (in ₹)?
- 20.Gurpreet keeps ₹1400 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
- 21.How many coins of ₹5 does Rahul need to make ₹15?
- 22.Rohan has 6 notes of ₹20. Riya has 7 notes of ₹100. Who has more money? (a) Riya (b) Rohan
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23.Aarav’s passbook:
Opening balance: ₹2300
Credit (money in): ₹600
Debit (money out): ₹2350
What is the balance now (in ₹)? - 24.Shop A sells 5 colour pencil sets for ₹300. Shop B sells 3 colour pencil sets for ₹240. Which shop is cheaper for one colour pencil set? (a) Shop B (b) Shop A
- 25.Vivaan makes 3 clay diyas an hour and sells each one for ₹10. How many rupees can Vivaan earn from 2 hours of work?
- 26.Manav gets ₹150 pocket money every month. How many rupees is that in one year (12 months)?
- 27.Aarav keeps ₹500 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 3 years?
- 28.Count up to find the change from ₹20: ₹2 + ₹? = ₹20
- 29.A 2 kg bag of rice costs ₹106. A 1 kg bag costs ₹54. Which bag is cheaper per kg? (a) 2 kg bag (b) 1 kg bag
- 30.2 friends run a stall selling clay diyas and make a profit of ₹180. They share it equally. How many rupees does each friend get?
- 31.Shop A sells 5 samosas for ₹75. Shop B sells 4 samosas for ₹72. What does one samosa cost at the cheaper shop (in ₹)?
- 32.Lakshmi’s father is sending ₹5000 to a friend by UPI. What should he check before he pays? (a) Nothing at all (b) Only the phone colour (c) The name and amount
- 33.Vivaan spends ₹190 to start a stall and sells each friendship band for ₹30. What is the smallest number Vivaan must sell to get back the ₹190?
- 34.A 5 kg bag of onions costs ₹150. A 1 kg bag costs ₹27. How many rupees per kg do you save with the cheaper bag?
- 35.Shop A sells a lunch box for ₹190 with free delivery. Shop B sells it for ₹250 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 36.Of a ₹45000 monthly budget, 30% goes on school fees and 5% on food. The rest is saved. How many rupees are saved?
- 37.A stall pays ₹4 for each cupcake and sells each one for ₹5. It sells 27 cupcakes. What is the total profit (in ₹)?
- 38.A dozen (12) bananas cost ₹72. What does one cost (in ₹)?
- 39.A raincoat costs ₹380. Offer 1: 25% off. Offer 2: ₹170 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 40.A day trip costs ₹2400 in all. 8 friends share the cost equally. How much does each friend pay (in ₹)?
Answer key
- 330
- 18
- 1790
- 1085
- 68
- 6
- 45
- 52
- 14
- 2
- 8
- 1400
- 1430
- 46
- 53
- 825
- 30
- 12
- 33
- 56
- 3
- Riya
- 550
- Shop A
- 60
- 1800
- 120
- 18
- 2 kg bag
- 90
- 15
- The name and amount
- 7
- 3
- Shop A
- 29250
- 27
- 6
- Offer 2
- 300
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids