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.Ananya’s class stall spends ₹520 to make 14 friendship bands and sells all of them at ₹30 each. What is the loss (in ₹)?
- 2.Aditya has 6 notes of ₹100. Manav has 7 notes of ₹20. How many more rupees does Aditya have?
- 3.Gurpreet had ₹35. Gurpreet spent ₹12 on a sticker sheet. How many rupees are left?
- 4.A toy car costs ₹53. Farhan has ₹5 and ₹10. How many more rupees does Farhan need?
- 5.Count up to find the change from ₹10: ₹9 + ₹? = ₹10
- 6.How many paise are there in ₹11.50?
- 7.Of a ₹37000 monthly budget, 10% goes on travel and 25% on school fees. The rest is saved. How many rupees are saved?
- 8.A board game costs ₹160. The shop gives 25% off. What is the sale price (in ₹)?
- 9.A 5 kg bag of rice costs ₹240. A 10 kg bag costs ₹420. How many rupees per kg do you save with the cheaper bag?
- 10.Which coins and notes make exactly ₹170? (a) 100 + 50 + 2 (b) 100 + 50 + 20 (c) 50 + 20 + 20
- 11.Saanvi’s class stall spends ₹165 to make 21 cups of lemonade and sells all of them at ₹5 each. What is the loss (in ₹)?
- 12.A stall pays ₹9 for each friendship band and sells each one for ₹17. It sells 27 friendship bands. What is the total profit (in ₹)?
- 13.Vivaan has 9 notes of ₹10. How many rupees does Vivaan have?
- 14.A day trip costs ₹240 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
- 15.Saanvi has 6 coins of ₹5. Nisha has 5 coins of ₹1. How many more rupees does Saanvi have?
- 16.Shop A sells a school bag for ₹700 with free delivery. Shop B sells it for ₹795 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
- 17.The bill for 2 geometry boxes and a mango is ₹290. A geometry box costs ₹135. What does the mango cost (in ₹)?
- 18.Shop A sells 2 mangoes for ₹60. Shop B sells 5 mangoes for ₹125. Which shop is cheaper for one mango? (a) Shop A (b) Shop B
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19.Price list: toffee ₹1, biscuit packet ₹17, juice box ₹20, glue stick ₹23.
Which item costs the least? (a) biscuit packet (b) glue stick (c) juice box (d) toffee - 20.Farhan buys a football for ₹420 and a colour pencil set for ₹60, and pays with a ₹500 note. How much change does Farhan get (in ₹)?
- 21.Ananya has ₹1900. In a piggy bank it stays ₹1900. In a bank at 4% simple interest per year, how many rupees more will Ananya have after 3 years?
- 22.Shop A sells a water bottle for ₹175 with free delivery. Shop B sells it for ₹245 plus ₹80 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 23.Lakshmi has one ₹50 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 24.A day trip costs ₹3120 in all. 6 friends share the cost equally. How much does each friend pay (in ₹)?
- 25.A badminton racket costs ₹300 online. Delivery is ₹30 and a coupon takes ₹30 off. What is the final price (in ₹)?
- 26.Of a ₹14000 monthly budget, 50% goes on school fees and 5% on travel. The rest is saved. What percent is saved?
- 27.A banana costs ₹5 and a sticker sheet costs ₹7. How many rupees more does the sticker sheet cost?
- 28.Of a ₹23000 monthly budget, 10% goes on clothes and 40% on travel. The rest is saved. How many rupees are saved?
- 29.₹790 − ₹780 =
- 30.Kavya keeps ₹2000 in a bank. After 2 years the simple interest is ₹120. What is the rate of interest per year (in %)?
- 31.Which is worth more: a ₹50 note or a ₹20 coin? (a) 50-rupee note (b) 20-rupee coin
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32.Isha’s passbook:
Opening balance: ₹3000
Credit: ₹200
Debit: ₹100
Debit: ₹200
Debit: ₹450
What is the closing balance (in ₹)? - 33.How many plates of idli can you buy with ₹165 if one costs ₹55?
- 34.How many footballs can you buy with ₹2610 if one costs ₹290?
- 35.How many ₹5 coins make a ₹10 coin?
- 36.Aditya wants a bicycle that costs ₹4800. Aditya saves ₹150 every week. How many weeks will it take?
- 37.Aarav’s class stall spends ₹355 to make 25 cups of lemonade and sells all of them at ₹15 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 38.7 mangoes cost ₹245. How much do 8 mangoes cost (in ₹)?
- 39.Which is the same money as one ₹20 note? (a) four 5-rupee coins (b) five 5-rupee coins (c) three 5-rupee coins
- 40.How many coins of ₹2 does Ishaan need to make ₹8?
Answer key
- 100
- 460
- 23
- 38
- 1
- 1150
- 24050
- 120
- 6
- 100 + 50 + 20
- 60
- 216
- 90
- 120
- 25
- 145
- 20
- Shop B
- toffee
- 20
- 228
- Shop A
- Note
- 520
- 300
- 45
- 2
- 11500
- 10
- 3
- 50-rupee note
- 2450
- 3
- 9
- 2
- 32
- Profit
- 280
- four 5-rupee coins
- 4
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids