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.Kavya spends ₹260 to start a stall and sells each clay diya for ₹25. What is the smallest number Kavya must sell to get back the ₹260?
- 2.Isha saves ₹60 every week for 8 weeks, then buys a bicycle for ₹130. How many rupees are left?
- 3.Which is the smallest amount: ₹97, ₹42 or ₹93? (a) 42 rupees (b) 93 rupees (c) 97 rupees
- 4.₹880 − ₹750 =
- 5.Dev has 3 coins of ₹10. How many rupees does Dev have?
- 6.A water gun costs ₹87. Manav has ₹10 and ₹10. How many more rupees does Manav need?
- 7.A stall pays ₹11 for each paper bookmark and sells each one for ₹17. It sells 38 paper bookmarks. What is the total profit (in ₹)?
- 8.Which is worth the most: a ₹2 coin, a ₹50 note or a ₹1 coin? (a) 50-rupee note (b) 2-rupee coin (c) 1-rupee coin
- 9.Pooja has 8 coins of ₹10. How many rupees does Pooja have?
- 10.Diya sells 30 cups of lemonade at ₹20 each. How many rupees does Diya get?
- 11.Lakshmi buys 2 pens at ₹14 each and pays with a ₹100 note. How much change does Lakshmi get (in ₹)?
- 12.Shop A sells a school bag for ₹690 with free delivery. Shop B sells it for ₹630 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 13.Karan has ₹540 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Karan can buy?
- 14.Of a ₹8000 monthly budget, 50% goes on school fees and 5% on electricity. The rest is saved. What percent is saved?
- 15.Gurpreet has 5 coins of ₹10 and 5 coins of ₹1. How many rupees does Gurpreet have?
- 16.Joseph spends ₹150 to start a stall and sells each friendship band for ₹30. What is the smallest number Joseph must sell to get back the ₹150?
- 17.Riya had ₹85. Riya spent ₹12 on a sticker sheet. How many rupees are left?
- 18.Ananya buys a badminton racket (₹325), a school bag (₹490), a geometry box (₹80) and a lunch box (₹155). What is the total (in ₹)?
- 19.A T-shirt costs ₹380 online. Delivery is ₹30 and a coupon takes ₹50 off. What is the final price (in ₹)?
- 20.Joseph is making a shopping list. Which of these is a want? (a) a sticker album (b) a warm blanket (c) school shoes (d) bus fare to school
- 21.₹1400 earns 2% simple interest per year. In how many years will the interest be ₹84?
- 22.Meera’s class stall spends ₹270 to make 30 cups of lemonade and sells all of them at ₹15 each. What is the profit (in ₹)?
- 23.Farhan sells 45 friendship bands at ₹5 each. How many rupees does Farhan get?
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24.Tara’s passbook:
Opening balance: ₹2600
Credit: ₹150
Credit: ₹450
Debit: ₹350
Debit: ₹300
What is the closing balance (in ₹)? - 25.What is the smallest number of coins and notes that make ₹26?
- 26.Of a ₹22000 monthly budget, 5% goes on travel and 25% on school fees. The rest is saved. How many rupees are saved?
- 27.Gurpreet has 4 notes of ₹200. How many rupees does Gurpreet have?
- 28.Manav has ₹300. First Manav pays for needs: a lunch box (₹70) and a school uniform (₹100). How many rupees are left for wants?
- 29.One samosa costs ₹12. How much do 3 samosas cost (in ₹)?
- 30.For Saanvi, is “a fancy phone cover” a need or a want? (a) Need (b) Want
- 31.Which is the smallest amount: ₹34, ₹42 or ₹33? (a) 33 rupees (b) 42 rupees (c) 34 rupees
- 32.How many ₹1 coins make a ₹10 coin?
- 33.Kabir buys 3 pencils at ₹4 each and pays ₹50. How much change does Kabir get (in ₹)?
- 34.Ananya gets ₹100 pocket money every month. How many rupees is that in one year (12 months)?
- 35.Ananya has ₹700. First Ananya pays for needs: a school uniform (₹230) and a geometry box (₹150). How many rupees are left for wants?
- 36.3 colour pencil sets cost ₹180. How much do 2 colour pencil sets cost (in ₹)?
- 37.How many notes of ₹50 make ₹400?
- 38.Kabir spends ₹40 of ₹800 pocket money on books. What percent is that?
- 39.Manav buys 2 plates of idli at ₹45 each and pays with a ₹500 note. How much change does Manav get (in ₹)?
- 40.For Karan, is “toothpaste” a need or a want? (a) Need (b) Want
Answer key
- 11
- 350
- 42 rupees
- 130
- 30
- 67
- 228
- 50-rupee note
- 80
- 600
- 72
- 40
- 10
- 45
- 55
- 5
- 73
- 1050
- 360
- a sticker album
- 3
- 180
- 225
- 2550
- 3
- 15400
- 800
- 130
- 36
- Want
- 33 rupees
- 10
- 38
- 1200
- 320
- 120
- 8
- 5
- 410
- Need
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids