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.How many paise are there in ₹1?
- 2.A jacket costs ₹300. The shop gives 50% off. How many rupees is the discount?
- 3.Manav buys a notebook for ₹30 and pays with a ₹100 note. How much change does Manav get (in ₹)?
- 4.Count up to find the change from ₹500: ₹275 + ₹? = ₹500
- 5.Shop A sells a cricket ball for ₹140 with free delivery. Shop B sells it for ₹145 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
- 6.Arjun buys a mango for ₹35 and pays with a ₹100 note. How much change does Arjun get (in ₹)?
- 7.There are 12 children in a class. Each child needs one pen at ₹10. What is the total cost (in ₹)?
- 8.A stall pays ₹7 for each cup of lemonade and sells each one for ₹13. It sells 18 cups of lemonade. What is the total profit (in ₹)?
- 9.Arjun has 5 coins of ₹2. How many rupees does Arjun have?
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10.Price list: toffee ₹2, juice box ₹25, ruler ₹9, balloon ₹10.
Meera has ₹50 and buys a balloon. How many rupees are left? - 11.Shop A sells a badminton racket for ₹315 with free delivery. Shop B sells it for ₹530 plus ₹60 delivery. How many rupees do you save by buying from the cheaper shop?
- 12.1500 paise is how many rupees? =
- 13.Nisha has 3 notes of ₹100. Kabir has 7 coins of ₹1. Who has less money? (a) Nisha (b) Kabir
- 14.Riya’s piggy bank has 4 coins of ₹20, 2 coins of ₹10 and 1 coin of ₹1. How many rupees are in it?
- 15.Gurpreet makes 3 clay diyas an hour and sells each one for ₹15. How many rupees can Gurpreet earn from 3 hours of work?
- 16.Shop A sells a cricket ball for ₹125 with free delivery. Shop B sells it for ₹105 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 17.Kabir’s class stall spends ₹180 to make 35 paper bookmarks and sells all of them at ₹10 each. What is the profit (in ₹)?
- 18.Isha sells 30 plates of bhel at ₹5 each. How many rupees does Isha get?
- 19.A cricket bat costs ₹720. The shop gives 10% off. How many rupees is the discount?
- 20.Lakshmi has ₹650. First Lakshmi pays for needs: notebooks (₹210) and a raincoat (₹120). How many rupees are left for wants?
- 21.Farhan keeps ₹1600 in a bank. After 1 year the simple interest is ₹32. What is the rate of interest per year (in %)?
- 22.Which is the same money as one ₹200 note? (a) three 100-rupee notes (b) five 100-rupee notes (c) two 100-rupee notes
- 23.₹6.50 − ₹4.50 =
- 24.Ananya gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Ananya do? (a) Read the OTP out (b) Never share the OTP (c) Send it by message
- 25.₹27 + ₹18 + ₹30 =
- 26.A banana costs ₹8. Isha pays ₹10. How much change does Isha get (in ₹)?
- 27.A dozen (12) bananas cost ₹48. What does one cost (in ₹)?
- 28.A family plans ₹5000 for the month. 50% of it is for travel. How many rupees is that?
- 29.A yo-yo costs ₹76. Gurpreet has ₹10 and ₹5. How many more rupees does Gurpreet need?
- 30.Pooja’s father is sending ₹25000 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
- 31.Which is worth more: a ₹20 coin or a ₹2 coin? (a) 20-rupee coin (b) 2-rupee coin
- 32.A 2 kg bag of dal costs ₹244. A 10 kg bag costs ₹1490. Which bag is cheaper per kg? (a) 2 kg bag (b) 10 kg bag
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33.Price list: balloon ₹5, pencil ₹7, crayon box ₹40, kite ₹15.
Which item costs the least? (a) crayon box (b) pencil (c) kite (d) balloon - 34.Tara has ₹400. First Tara pays for needs: a school uniform (₹70) and a geometry box (₹120). How many rupees are left for wants?
- 35.Diya’s mother has ₹1200 in her bank account. She pays ₹90 for fruit and ₹250 for medicines by UPI. How many rupees are left in the account?
- 36.₹21 + ₹35 =
- 37.2 notebooks cost ₹80. What does one notebook cost (in ₹)?
- 38.A 5 kg bag of rice costs ₹400. A 2 kg bag costs ₹106. How many rupees per kg do you save with the cheaper bag?
- 39.Kavya’s class stall spends ₹165 to make 21 greeting cards and sells all of them at ₹5 each. What is the loss (in ₹)?
- 40.A school bag costs ₹760. The shop gives 20% off. How many rupees is the discount?
Answer key
- 100
- 150
- 70
- 225
- 55
- 65
- 120
- 108
- 10
- 40
- 275
- 15
- Kabir
- 101
- 135
- Shop A
- 170
- 150
- 72
- 320
- 2
- two 100-rupee notes
- 2
- Never share the OTP
- 75
- 2
- 4
- 2500
- 61
- The name and amount
- 20-rupee coin
- 2 kg bag
- balloon
- 210
- 860
- 56
- 40
- 27
- 60
- 152
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids