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 2 cricket balls for ₹250. Shop B sells 3 cricket balls for ₹330. Which shop is cheaper for one cricket ball? (a) Shop A (b) Shop B
- 2.Vivaan’s class stall spends ₹230 to make 24 paper bookmarks and sells all of them at ₹10 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
-
3.Ananya’s shop bill:
2 storybooks at ₹100 each
2 pairs of socks at ₹90 each
1 colour pencil set at ₹70
What is the total bill (in ₹)? - 4.3 friends run a stall selling paper bookmarks and make a profit of ₹1110. They share it equally. How many rupees does each friend get?
- 5.A dozen (12) oranges cost ₹120. What does one cost (in ₹)?
- 6.1050 paise is how many rupees? =
-
7.Price list: sticker sheet ₹6, banana ₹5, kite ₹16, ice candy ₹11.
How much do a sticker sheet and a banana cost together (in ₹)? -
8.Sneha’s passbook:
Opening balance: ₹3400
Credit (money in): ₹500
Debit (money out): ₹2550
What is the balance now (in ₹)? - 9.Karan has 9 coins of ₹20. How many rupees does Karan have?
-
10.Price list: ice candy ₹15, eraser ₹3, kite ₹18, juice box ₹20.
How much do an ice candy and a kite cost together (in ₹)? - 11.6 badminton rackets cost ₹3150. What does one badminton racket cost (in ₹)?
- 12.Joseph wants a wristwatch that costs ₹780. Joseph saves ₹60 every week. How many weeks will it take?
- 13.There are 20 children in a class. Each child needs one notebook at ₹30. What is the total cost (in ₹)?
- 14.What is the smallest number of coins and notes that make ₹66?
- 15.Saanvi keeps ₹500 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 5 years?
- 16.5 geometry boxes cost ₹525. What does one geometry box cost (in ₹)?
- 17.A toy train costs ₹640. The shop gives 50% off. What is the sale price (in ₹)?
- 18.Isha buys 3 bananas at ₹6 each and pays ₹50. How much change does Isha get (in ₹)?
- 19.What do 4 pens at ₹11 each and 3 pairs of socks at ₹55 each cost in all (in ₹)?
- 20.A toy car costs ₹90. Joseph has ₹20 and ₹2. How many more rupees does Joseph need?
- 21.Shop A sells a cricket ball for ₹115 with free delivery. Shop B sells it for ₹110 plus ₹60 delivery. How many rupees do you save by buying from the cheaper shop?
- 22.Riya buys 3 cricket balls at ₹125 each and pays with a ₹500 note. How much change does Riya get (in ₹)?
- 23.Manav saves ₹50 every week for 6 weeks, then buys a gift for Mum for ₹120. How many rupees are left?
- 24.₹3.50 + ₹18.50 =
- 25.A pencil costs ₹4 and a kite costs ₹22. How many rupees more does the kite cost?
- 26.Priya has 4 coins of ₹5. Rahul has 4 notes of ₹50. How many more rupees does Rahul have?
- 27.Meera spends ₹290 on things to make 24 friendship bands and sells them all at ₹20 each. How many rupees does Meera earn after paying the costs?
- 28.Ananya has 5 coins of ₹5. How many rupees does Ananya have?
- 29.Nisha has 6 coins of ₹20. How many rupees does Nisha have?
- 30.Meera sells 31 cups of lemonade at ₹10 each. How many rupees does Meera get?
- 31.Lakshmi’s class stall spends ₹345 to make 23 friendship bands and sells all of them at ₹15 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
- 32.₹20 − ₹13 =
- 33.One samosa costs ₹14. A pack of 3 samosas costs ₹41. How many rupees do you save by buying the pack instead of 3 single ones?
- 34.A 1 kg bag of potatoes costs ₹34. A 2 kg bag costs ₹44. How many rupees per kg do you save with the cheaper bag?
- 35.Isha’s father is sending ₹2000 to a friend by UPI. What should he check before he pays? (a) The name and amount (b) Only the phone colour (c) Nothing at all
- 36.Which coins and notes make exactly ₹62? (a) 50 + 10 + 2 (b) 50 + 2 + 1 (c) 10 + 10 + 2
- 37.₹80 + ₹150 =
- 38.₹60 + ₹22 =
- 39.A 1 kg bag of rice costs ₹69. A 2 kg bag costs ₹148. How many rupees per kg do you save with the cheaper bag?
- 40.₹50 − ₹14 =
Answer key
- Shop B
- Profit
- 450
- 370
- 10
- 10.5
- 11
- 1350
- 180
- 33
- 525
- 13
- 600
- 4
- 175
- 105
- 320
- 32
- 209
- 68
- 55
- 125
- 180
- 22
- 18
- 180
- 190
- 25
- 120
- 310
- No profit, no loss
- 7
- 1
- 12
- The name and amount
- 50 + 10 + 2
- 230
- 82
- 5
- 36
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids