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.Isha spends ₹470 on things to make 45 friendship bands and sells them all at ₹20 each. How many rupees does Isha earn after paying the costs?
- 2.A day trip costs ₹900 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
- 3.A banana costs ₹4. Manav pays ₹10. How much change does Manav get (in ₹)?
- 4.Aditya’s class stall spends ₹535 to make 33 clay diyas and sells all of them at ₹15 each. What is the loss (in ₹)?
- 5.For Riya, is “notebooks for school” a need or a want? (a) Want (b) Need
- 6.How many notes of ₹100 make ₹500?
- 7.A study lamp costs ₹760. The shop gives 20% off. What is the sale price (in ₹)?
- 8.Saanvi’s piggy bank has 3 coins of ₹20, 2 coins of ₹2 and 5 coins of ₹1. How many rupees are in it?
- 9.Rohan has 4 notes of ₹10. Pooja has 9 coins of ₹1. How many more rupees does Rohan have?
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10.Price list: juice box ₹20, samosa ₹13, crayon box ₹50, ice candy ₹10.
How many rupees more does a crayon box cost than a juice box? - 11.Kabir has one ₹500 piece of money. Is it a coin or a note? (a) Note (b) Coin
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12.Price list: kite ₹24, glue stick ₹19, banana ₹8, toffee ₹3.
How much do a banana and a toffee cost together (in ₹)? - 13.₹5 + ₹10 + ₹? = ₹17
- 14.Saanvi’s mother has ₹2200 in her bank account. She pays ₹120 for medicines and ₹320 for school books by UPI. How many rupees are left in the account?
- 15.₹13 + ₹11 =
- 16.Zoya keeps ₹700 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 5 years?
- 17.₹100 + ₹250 =
- 18.A storybook costs ₹45. Ishaan has ₹5 and ₹2. How many more rupees does Ishaan need?
- 19.₹1300 earns 7% simple interest per year. In how many years will the interest be ₹91?
- 20.Zoya keeps ₹200 in a bank at 5% simple interest per year. How much money will there be after 4 years (in ₹)?
- 21.A family plans ₹41000 for the month. 25% of it is for food. How many rupees is that?
- 22.How many notes of ₹10 make ₹20?
- 23.A toy car costs ₹65. Kavya has ₹10 and ₹5. How many more rupees does Kavya need?
- 24.Tara makes 2 clay diyas an hour and sells each one for ₹10. How many rupees can Tara earn from 4 hours of work?
- 25.After 50% off, a study lamp costs ₹470. What was the price before the sale (in ₹)?
- 26.Kavya sells 40 clay diyas at ₹15 each. How many rupees does Kavya get?
- 27.What do 4 geometry boxes at ₹95 each and 2 pens at ₹17 each cost in all (in ₹)?
- 28.Of a ₹14000 monthly budget, 20% goes on food and 30% on clothes. The rest is saved. How many rupees are saved?
- 29.Riya sells 44 clay diyas at ₹5 each. How many rupees does Riya get?
- 30.4 mangoes cost ₹100. How much do 10 mangoes cost (in ₹)?
- 31.₹32 + ₹10 + ₹26 =
- 32.Tara has 6 notes of ₹50. Farhan has 9 notes of ₹100. Who has less money? (a) Farhan (b) Tara
- 33.Kabir has 2 notes of ₹20. Sneha has 5 coins of ₹2. Who has more money? (a) Sneha (b) Kabir
- 34.A glue stick costs ₹20. Farhan pays ₹50. How much change does Farhan get (in ₹)?
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35.Pooja’s passbook:
Opening balance: ₹3400
Credit (money in): ₹550
Debit (money out): ₹800
What is the balance now (in ₹)? - 36.Ishaan has 2 coins of ₹1. How many rupees does Ishaan have?
- 37.Meera has 4 coins of ₹2 and 2 coins of ₹10. How many rupees does Meera have?
- 38.Which coins and notes make exactly ₹27? (a) 20 + 5 + 2 (b) 50 + 20 + 2 (c) 10 + 5 + 2
- 39.A dozen (12) oranges cost ₹96. What does one cost (in ₹)?
- 40.Meera sells 25 paper bookmarks at ₹20 each. How many rupees does Meera get?
Answer key
- 430
- 300
- 6
- 40
- Need
- 5
- 608
- 69
- 31
- 30
- Note
- 11
- 2
- 1760
- 24
- 175
- 350
- 38
- 1
- 240
- 10250
- 2
- 50
- 80
- 940
- 600
- 414
- 7000
- 220
- 250
- 68
- Tara
- Kabir
- 30
- 3150
- 2
- 28
- 20 + 5 + 2
- 8
- 500
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids