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.Arjun wants a storybook set that costs ₹400. Arjun saves ₹20 every week. How many weeks will it take?
- 2.What do 2 footballs at ₹300 each and 3 mangoes at ₹30 each cost in all (in ₹)?
- 3.Nisha got ₹150 in 3 weeks, the same amount every week. How many rupees is that each week?
- 4.₹36 + ₹42 =
- 5.A stall pays ₹2 for each cupcake and sells each one for ₹12. It sells 15 cupcakes. What is the total profit (in ₹)?
- 6.Which coins and notes make exactly ₹17? (a) 10 + 10 + 5 (b) 10 + 5 + 2 (c) 20 + 5 + 2
- 7.Manav has 9 coins of ₹1. How many rupees does Manav have?
- 8.Saanvi buys 2 pens at ₹12 each and pays with a ₹200 note. How much change does Saanvi get (in ₹)?
- 9.Meera is making a shopping list. Which of these is a need? (a) drinking water (b) designer sunglasses (c) a fancy phone cover (d) a new party dress
- 10.Gurpreet has ₹2. A sticker sheet costs ₹5. Does Gurpreet have enough money to buy it? (a) No (b) Yes
- 11.How many ₹5 coins make a ₹10 note?
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12.Price list: ruler ₹14, samosa ₹11, banana ₹6, sharpener ₹4.
How much do a ruler and a samosa cost together (in ₹)? - 13.₹27.50 − ₹15 =
- 14.There are 23 children in a class. Each child needs one pen at ₹20. What is the total cost (in ₹)?
- 15.Farhan sees that ₹1000 was sent to a wrong number by mistake. What should Farhan do first? (a) Keep it a secret (b) Tell a parent at once (c) Pay again to fix it
- 16.One ruler costs ₹8. A pack of 3 rulers costs ₹22. How many rupees do you save by buying the pack instead of 3 single ones?
- 17.How many pairs of socks can you buy with ₹360 if one costs ₹90?
- 18.Priya keeps ₹1800 in a bank. After 3 years the simple interest is ₹486. What is the rate of interest per year (in %)?
- 19.A football costs ₹440. The shop gives 10% off. How many rupees is the discount?
- 20.Isha keeps ₹2000 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 1 year?
- 21.1300 paise is how many rupees? =
- 22.Which is worth the most: a ₹10 note, a ₹500 note or a ₹100 note? (a) 10-rupee note (b) 500-rupee note (c) 100-rupee note
- 23.How many notes of ₹20 make ₹140?
- 24.700 paise is how many rupees? =
- 25.For Arjun, is “a schoolbag” a need or a want? (a) Want (b) Need
- 26.Rohan’s class stall spends ₹255 to make 15 friendship bands and sells all of them at ₹15 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 27.Ishaan gets ₹50 a week, spends ₹5 each week and saves the rest. How many rupees has Ishaan saved after 5 weeks?
- 28.Diya spends ₹200 to start a stall and sells each plate of bhel for ₹25. What is the smallest number Diya must sell to get back the ₹200?
- 29.Joseph buys 5 balloons at ₹7 each and pays ₹50. How much change does Joseph get (in ₹)?
- 30.A dozen (12) bangles cost ₹108. What does one cost (in ₹)?
- 31.Ananya had ₹75. Ananya spent ₹45 on a crayon box. How many rupees are left?
- 32.₹570 − ₹300 =
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33.Price list: balloon ₹7, toffee ₹2, crayon box ₹40, kite ₹21.
How much do 4 toffees cost (in ₹)? - 34.Nisha has ₹14. An ice candy costs ₹9. Does Nisha have enough money to buy it? (a) Yes (b) No
- 35.Gurpreet gets ₹100 pocket money every month. How many rupees is that in one year (12 months)?
- 36.Zoya gets ₹450 pocket money every month. How many rupees is that in one year (12 months)?
- 37.10 plates of idli cost ₹600. What does one plate of idli cost (in ₹)?
- 38.Meera has 9 coins of ₹5. How many rupees does Meera have?
- 39.Diya keeps ₹1800 in a bank. After 1 year the simple interest is ₹90. What is the rate of interest per year (in %)?
- 40.Gurpreet buys a ruler for ₹13 and a toffee for ₹3, and pays ₹50. How much change does Gurpreet get (in ₹)?
Answer key
- 20
- 690
- 50
- 78
- 150
- 10 + 5 + 2
- 9
- 176
- drinking water
- No
- 2
- 25
- 12.5
- 460
- Tell a parent at once
- 2
- 4
- 9
- 44
- 140
- 13
- 500-rupee note
- 7
- 7
- Need
- Loss
- 225
- 8
- 15
- 9
- 30
- 270
- 8
- Yes
- 1200
- 5400
- 60
- 45
- 5
- 34
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids