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.Shop A sells a water bottle for ₹205 with free delivery. Shop B sells it for ₹190 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
- 2.Diya gets ₹400 pocket money every month. How many rupees is that in one year (12 months)?
- 3.2 colour pencil sets cost ₹190. What does one colour pencil set cost (in ₹)?
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4.Vivaan’s passbook:
Opening balance: ₹5000
Debit: ₹200
Debit: ₹50
Credit: ₹400
Credit: ₹100
What is the closing balance (in ₹)? - 5.Of a ₹35000 monthly budget, 10% goes on rent and 50% on electricity. The rest is saved. What percent is saved?
- 6.Isha wants a wristwatch that costs ₹940, has ₹10 already and saves ₹60 every week. In how many weeks will Isha have enough?
- 7.₹11 + ₹21 + ₹9 =
- 8.Shop A sells a cricket ball for ₹150 with free delivery. Shop B sells it for ₹115 plus ₹80 delivery. How many rupees do you save by buying from the cheaper shop?
- 9.2 friends run a stall selling plates of bhel and make a profit of ₹620. They share it equally. How many rupees does each friend get?
- 10.Gurpreet has 2 coins of ₹1. Farhan has 8 coins of ₹2. How many more rupees does Farhan have?
- 11.A family plans ₹33000 for the month. 30% of it is for clothes. How many rupees is that?
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12.Kavya’s shop bill:
1 football at ₹425
2 pairs of socks at ₹50 each
1 school bag at ₹780
What is the total bill (in ₹)? - 13.There are 26 children in a class. Each child needs one notebook at ₹40. What is the total cost (in ₹)?
- 14.Which is worth more: a ₹1 coin or a ₹200 note? (a) 1-rupee coin (b) 200-rupee note
- 15.How many colour pencil sets can you buy with ₹1200 if one costs ₹120?
- 16.₹20 − ₹7 =
- 17.Priya’s class stall spends ₹500 to make 25 cupcakes and sells all of them at ₹20 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
- 18.₹6.50 − ₹6 =
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19.Saanvi’s shop bill:
1 school bag at ₹630
4 pens at ₹13 each
4 water bottles at ₹235 each
What is the total bill (in ₹)? - 20.Sneha’s piggy bank has 2 coins of ₹10, 2 coins of ₹5 and 3 coins of ₹1. How many rupees are in it?
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21.Price list: ruler ₹13, notebook ₹35, banana ₹7, crayon box ₹40.
Which item costs the most? (a) ruler (b) notebook (c) banana (d) crayon box - 22.The bill for 2 lunch boxes and a school bag is ₹770. A lunch box costs ₹155. What does the school bag cost (in ₹)?
- 23.₹300 earns 7% simple interest per year. In how many years will the interest be ₹21?
- 24.Diya has ₹11. A sticker sheet costs ₹10. Does Diya have enough money to buy it? (a) No (b) Yes
- 25.1550 paise is how many rupees? =
- 26.1200 paise is how many rupees? =
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27.Price list: kite ₹24, banana ₹7, notebook ₹35, ice candy ₹13.
How much do a banana and a notebook cost together (in ₹)? -
28.Price list: ruler ₹9, samosa ₹19, balloon ₹5, sharpener ₹8.
Gurpreet has ₹10 and buys a balloon. How many rupees are left? - 29.Rohan buys a notebook for ₹45 and pays with a ₹100 note. How much change does Rohan get (in ₹)?
- 30.Which coins and notes make exactly ₹112? (a) 100 + 10 + 2 (b) 100 + 5 + 2 (c) 10 + 2 + 1
- 31.There are 37 children in a class. Each child needs one mango at ₹20. What is the total cost (in ₹)?
- 32.Of a ₹24000 monthly budget, 30% goes on electricity and 5% on food. The rest is saved. How many rupees are saved?
- 33.Kabir has 10 coins of ₹1. How many rupees does Kabir have?
- 34.Arjun has 2 notes of ₹200, 4 notes of ₹10 and 4 coins of ₹5. How many rupees does Arjun have?
- 35.What do 3 pens at ₹14 each and 5 storybooks at ₹90 each cost in all (in ₹)?
- 36.Shop A sells 4 cricket balls for ₹580. Shop B sells 2 cricket balls for ₹240. Which shop is cheaper for one cricket ball? (a) Shop A (b) Shop B
- 37.A cricket bat costs ₹560. The shop gives 10% off. How many rupees is the discount?
- 38.Rahul wants a cricket bat that costs ₹440, has ₹70 already and saves ₹20 every week. In how many weeks will Rahul have enough?
- 39.A day trip costs ₹1880 in all. 4 friends share the cost equally. How much does each friend pay (in ₹)?
- 40.Aditya wants an art kit that costs ₹325, has ₹30 already and saves ₹80 every week. In how many weeks will Aditya have enough?
Answer key
- 25
- 4800
- 95
- 5250
- 40
- 16
- 41
- 45
- 310
- 14
- 9900
- 1305
- 1040
- 200-rupee note
- 10
- 13
- No profit, no loss
- 0.5
- 1622
- 33
- crayon box
- 460
- 1
- Yes
- 15.5
- 12
- 42
- 5
- 55
- 100 + 10 + 2
- 740
- 15600
- 10
- 460
- 492
- Shop B
- 56
- 19
- 470
- 4
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids