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 T-shirt for ₹370 with free delivery. Shop B sells it for ₹385 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
- 2.Which is the biggest amount: ₹19, ₹77 or ₹76? (a) 77 rupees (b) 76 rupees (c) 19 rupees
- 3.Isha is making a shopping list. Which of these is a need? (a) a third cricket bat (b) a bigger TV (c) extra comic books (d) soap
- 4.Joseph gets ₹50 a week, spends ₹15 each week and saves the rest. How many rupees has Joseph saved after 8 weeks?
- 5.Kavya spends ₹280 to start a stall and sells each cupcake for ₹10. What is the smallest number Kavya must sell to get back the ₹280?
- 6.Aditya has ₹400 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Aditya can buy?
- 7.Nisha has 7 coins of ₹1. Manav has 3 notes of ₹10. How many more rupees does Manav have?
- 8.₹39 + ₹21 + ₹10 =
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9.Price list: crayon box ₹30, banana ₹8, kite ₹13, eraser ₹2.
Which item costs the least? (a) kite (b) banana (c) eraser (d) crayon box - 10.Shop A sells a water bottle for ₹140 with free delivery. Shop B sells it for ₹195 plus ₹30 delivery. How many rupees do you save by buying from the cheaper shop?
- 11.Count up to find the change from ₹20: ₹7 + ₹? = ₹20
- 12.Kavya spends ₹90 of ₹900 pocket money on books. What percent is that?
- 13.Aditya buys a mango for ₹20 and pays with a ₹100 note. How much change does Aditya get (in ₹)?
- 14.How many school bags can you buy with ₹5000 if one costs ₹500?
- 15.Tara’s class stall spends ₹340 to make 23 paper bookmarks and sells all of them at ₹25 each. What is the profit (in ₹)?
- 16.Count up to find the change from ₹200: ₹35 + ₹? = ₹200
- 17.After 25% off, a study lamp costs ₹255. What was the price before the sale (in ₹)?
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18.Meera’s passbook:
Opening balance: ₹3500
Credit (money in): ₹150
Debit (money out): ₹1450
What is the balance now (in ₹)? - 19.A pen costs ₹1.50. Rohan pays ₹20. How much change does Rohan get, in rupees? =
- 20.Rohan spends ₹70 on things to make 16 friendship bands and sells them all at ₹5 each. How many rupees does Rohan earn after paying the costs?
- 21.Aarav buys 2 lunch boxes at ₹235 each and pays with a ₹500 note. How much change does Aarav get (in ₹)?
- 22.Nisha buys a storybook (₹180), a T-shirt (₹265), a cricket ball (₹125) and a notebook (₹35). What is the total (in ₹)?
- 23.₹16.50 − ₹15 =
- 24.After 20% off, a cricket bat costs ₹240. What was the price before the sale (in ₹)?
- 25.Dev is making a shopping list. Which of these is a want? (a) toothpaste (b) school shoes (c) a raincoat (d) a glitter pen set
- 26.How many coins of ₹2 does Aarav need to make ₹6?
- 27.Nisha spends ₹690 on things to make 46 cupcakes and sells them all at ₹20 each. How many rupees does Nisha earn after paying the costs?
- 28.18 children go on a school trip to the fort. The bus costs ₹90 for each child and the ticket costs ₹20 for each child. What is the total cost (in ₹)?
- 29.One storybook costs ₹190. How much do 3 storybooks cost (in ₹)?
- 30.Saanvi spends ₹260 on things to make 16 clay diyas and sells them all at ₹20 each. How many rupees does Saanvi earn after paying the costs?
- 31.How many colour pencil sets can you buy with ₹560 if one costs ₹80?
- 32.Meera gets ₹10 pocket money every week. How many rupees is that in 7 weeks?
- 33.How many coins of ₹20 does Meera need to make ₹40?
- 34.Farhan wants an art kit that costs ₹425, has ₹210 already and saves ₹30 every week. In how many weeks will Farhan have enough?
- 35.Kabir saves ₹80 every week for 8 weeks, then buys a wristwatch for ₹210. How many rupees are left?
- 36.₹800 earns 10% simple interest per year. In how many years will the interest be ₹160?
- 37.4 badminton rackets cost ₹1980. How much do 8 badminton rackets cost (in ₹)?
- 38.There are 28 children in a class. Each child needs one samosa at ₹20. What is the total cost (in ₹)?
- 39.Nisha keeps ₹1200 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
- 40.Priya keeps ₹1300 in a bank. After 2 years the simple interest is ₹156. What is the rate of interest per year (in %)?
Answer key
- 55
- 77 rupees
- soap
- 280
- 28
- 8
- 23
- 70
- eraser
- 85
- 13
- 10
- 80
- 10
- 235
- 165
- 340
- 2200
- 18.5
- 10
- 30
- 605
- 1.5
- 300
- a glitter pen set
- 3
- 230
- 1980
- 570
- 60
- 7
- 70
- 2
- 8
- 430
- 2
- 3960
- 560
- 1392
- 6
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids