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 water bottle costs ₹460. The shop gives 50% off. How many rupees is the discount?
- 2.₹1800 earns 5% simple interest per year. In how many years will the interest be ₹180?
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3.Zoya’s shop bill:
1 mango at ₹25
2 notebooks at ₹60 each
2 colour pencil sets at ₹95 each
What is the total bill (in ₹)? - 4.Karan spends ₹370 on things to make 47 clay diyas and sells them all at ₹10 each. How many rupees does Karan earn after paying the costs?
- 5.Aditya has 3 coins of ₹20 and 3 coins of ₹10. How many rupees does Aditya have?
- 6.A 1 kg bag of rice costs ₹68. A 2 kg bag costs ₹116. How many rupees per kg do you save with the cheaper bag?
- 7.₹1000 earns 2% simple interest per year. In how many years will the interest be ₹40?
- 8.A football costs ₹440. Offer 1: 10% off. Offer 2: ₹50 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 9.Pooja buys a pen for ₹17 and a plate of idli for ₹50, and pays with a ₹500 note. How much change does Pooja get (in ₹)?
- 10.A pencil box costs ₹8.50. Rahul pays ₹10. How much change does Rahul get, in rupees? =
- 11.Shop A sells 5 pens for ₹75. Shop B sells 6 pens for ₹96. Which shop is cheaper for one pen? (a) Shop A (b) Shop B
- 12.Farhan had ₹25. Farhan spent ₹23 on a glue stick. How many rupees are left?
- 13.Diya’s class stall spends ₹110 to make 10 cupcakes and sells all of them at ₹15 each. What is the profit (in ₹)?
- 14.A 5 kg bag of rice costs ₹220. A 2 kg bag costs ₹118. Which bag is cheaper per kg? (a) 5 kg bag (b) 2 kg bag
- 15.How many coins of ₹20 does Priya need to make ₹40?
- 16.Karan got ₹180 in 6 weeks, the same amount every week. How many rupees is that each week?
- 17.Which is the same money as one ₹10 note? (a) three 5-rupee coins (b) five 5-rupee coins (c) two 5-rupee coins
- 18.2 friends run a stall selling paper bookmarks and make a profit of ₹140. They share it equally. How many rupees does each friend get?
- 19.Lakshmi keeps ₹700 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 5 years?
- 20.₹13.50 − ₹11 =
- 21.Someone online asks Meera for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A friend at school (b) A caller from the bank (c) No one
- 22.Aarav’s mother scans a shop’s QR code to pay ₹5000. What should she check before she pays? (a) The colour of the code (b) The name of the shop (c) Nothing, just pay
- 23.₹63 + ₹32 =
- 24.Tara wants a board game that costs ₹500. Tara saves ₹100 every week. How many weeks will it take?
- 25.Priya’s piggy bank has 1 coin of ₹10, 1 coin of ₹5 and 2 coins of ₹1. How many rupees are in it?
- 26.Saanvi has a budget of ₹2000 for a birthday party. The return gifts cost ₹50, the cake cost ₹320 and the balloons cost ₹30. How many rupees are left?
- 27.Gurpreet spends ₹120 of ₹400 pocket money on books. What percent is that?
- 28.A stranger asks Manav to scan a QR code to “get” ₹10000. What is true? (a) It gives you money (b) Scanning a QR pays money (c) QR codes are always safe
- 29.A football costs ₹295 online. Delivery is ₹50 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 30.Riya’s piggy bank has 4 coins of ₹5, 1 coin of ₹2 and 1 coin of ₹1. How many rupees are in it?
- 31.Dev has 8 coins of ₹1. Aarav has 2 coins of ₹2. How many more rupees does Dev have?
- 32.Shop A sells a water bottle for ₹195 with free delivery. Shop B sells it for ₹155 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 33.Which is the biggest amount: ₹33, ₹98 or ₹99? (a) 99 rupees (b) 33 rupees (c) 98 rupees
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34.Price list: sharpener ₹8, kite ₹15, toffee ₹1, ruler ₹14.
How much do 3 toffees cost (in ₹)? - 35.Vivaan wants to save ₹850 for a cricket bat in 17 weeks, the same amount each week. How many rupees must Vivaan save each week?
- 36.Ishaan has 3 notes of ₹200. How many rupees does Ishaan have?
- 37.Which coins and notes make exactly ₹106? (a) 100 + 5 + 5 (b) 100 + 5 + 1 (c) 20 + 5 + 1
- 38.Riya has ₹44 in a piggy bank. Chacha gives Riya ₹33 more. How many rupees does Riya have now?
- 39.How many ₹5 coins make a ₹20 coin?
- 40.A 5 kg bag of wheat flour costs ₹180. A 1 kg bag costs ₹43. How many rupees per kg do you save with the cheaper bag?
Answer key
- 230
- 2
- 335
- 100
- 90
- 10
- 2
- Offer 2
- 433
- 1.5
- Shop A
- 2
- 40
- 5 kg bag
- 2
- 30
- two 5-rupee coins
- 70
- 315
- 2.5
- No one
- The name of the shop
- 95
- 5
- 17
- 1600
- 30
- Scanning a QR pays money
- 335
- 23
- 4
- Shop B
- 99 rupees
- 3
- 50
- 600
- 100 + 5 + 1
- 77
- 4
- 7
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids