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.A toy car costs ₹47. Diya has ₹5 and ₹2. How many more rupees does Diya need?
- 2.An ice candy costs ₹14 and a sticker sheet costs ₹5. How many rupees more does the ice candy cost?
- 3.How many lunch boxes can you buy with ₹1980 if one costs ₹220?
- 4.Rahul keeps ₹800 in a bank. After 2 years the simple interest is ₹128. What is the rate of interest per year (in %)?
- 5.A day trip costs ₹840 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
- 6.What do 5 geometry boxes at ₹80 each and 2 cricket balls at ₹140 each cost in all (in ₹)?
- 7.Farhan spends ₹730 on things to make 50 cupcakes and sells them all at ₹15 each. How many rupees does Farhan earn after paying the costs?
- 8.Gurpreet wants a storybook set that costs ₹300. Gurpreet saves ₹100 every week. How many weeks will it take?
- 9.Saanvi has a budget of ₹1500 for a birthday party. The juice cost ₹180, the snacks cost ₹90 and the return gifts cost ₹170. How many rupees are left?
- 10.₹56 − ₹18 =
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11.Tara’s shop bill:
1 T-shirt at ₹215
2 storybooks at ₹155 each
1 cricket ball at ₹105
What is the total bill (in ₹)? - 12.Nisha is making a shopping list. Which of these is a want? (a) rice and dal (b) extra comic books (c) school shoes (d) drinking water
- 13.Diya’s class stall spends ₹360 to make 36 cups of lemonade and sells all of them at ₹10 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
- 14.Of a ₹47000 monthly budget, 5% goes on rent and 50% on school fees. The rest is saved. How many rupees are saved?
- 15.Count up to find the change from ₹100: ₹64 + ₹? = ₹100
- 16.What do 5 geometry boxes at ₹145 each and 3 notebooks at ₹50 each cost in all (in ₹)?
- 17.Pooja sells 17 cupcakes at ₹15 each. How many rupees does Pooja get?
- 18.Which coins and notes make exactly ₹152? (a) 100 + 5 + 2 (b) 100 + 50 + 5 (c) 100 + 50 + 2
- 19.Farhan’s mother scans a shop’s QR code to pay ₹2000. What should she check before she pays? (a) Nothing, just pay (b) The name of the shop (c) The colour of the code
- 20.Arjun keeps ₹2000 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?
- 21.How many ₹1 coins make a ₹10 note?
- 22.Ananya is making a shopping list. Which of these is a need? (a) a remote-control car (b) a new party dress (c) school shoes (d) a glitter pen set
- 23.Of a ₹11000 monthly budget, 10% goes on school fees and 20% on food. The rest is saved. How many rupees are saved?
- 24.Rohan sees that ₹50000 was sent to a wrong number by mistake. What should Rohan do first? (a) Pay again to fix it (b) Tell a parent at once (c) Keep it a secret
- 25.Count up to find the change from ₹50: ₹7 + ₹? = ₹50
- 26.7 colour pencil sets cost ₹630. How much do 5 colour pencil sets cost (in ₹)?
- 27.Rohan gets ₹90 a week, spends ₹10 each week and saves the rest. How many rupees has Rohan saved after 4 weeks?
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28.Riya’s passbook:
Opening balance: ₹4600
Debit: ₹50
Debit: ₹250
Credit: ₹400
Credit: ₹50
What is the total of all the debits (in ₹)? - 29.Which is the same money as one ₹20 note? (a) four 5-rupee coins (b) five 5-rupee coins (c) three 5-rupee coins
- 30.Of a ₹7000 monthly budget, 50% goes on electricity and 40% on food. The rest is saved. How many rupees are saved?
- 31.A message says Karan has won ₹5000. It asks for the UPI PIN to send the prize. What is true? (a) Enter the PIN quickly (b) Prizes need your PIN (c) No PIN to receive money
- 32.Nisha has 9 notes of ₹10. Manav has 5 notes of ₹100. Who has more money? (a) Nisha (b) Manav
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33.Ishaan’s shop bill:
2 storybooks at ₹95 each
3 samosas at ₹14 each
1 school bag at ₹480
What is the total bill (in ₹)? - 34.A 2 kg bag of wheat flour costs ₹92. A 1 kg bag costs ₹45. Which bag is cheaper per kg? (a) 2 kg bag (b) 1 kg bag
- 35.Meera wants to save ₹540 for a storybook set in 6 weeks, the same amount each week. How many rupees must Meera save each week?
- 36.After 25% off, a pair of shoes costs ₹75. What was the price before the sale (in ₹)?
- 37.Shop A sells 5 samosas for ₹65. Shop B sells 6 samosas for ₹84. What does one samosa cost at the cheaper shop (in ₹)?
- 38.₹610 − ₹110 =
- 39.Karan has ₹35 in a piggy bank. Nani gives Karan ₹5 more. How many rupees does Karan have now?
- 40.₹60 + ₹17 =
Answer key
- 40
- 9
- 9
- 8
- 420
- 680
- 20
- 3
- 1060
- 38
- 630
- extra comic books
- No profit, no loss
- 21150
- 36
- 875
- 255
- 100 + 50 + 2
- The name of the shop
- 120
- 10
- school shoes
- 7700
- Tell a parent at once
- 43
- 450
- 320
- 300
- four 5-rupee coins
- 700
- No PIN to receive money
- Manav
- 712
- 1 kg bag
- 90
- 100
- 13
- 500
- 40
- 77
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids