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 samosa costs ₹17 and a glue stick costs ₹25. How many rupees more does the glue stick cost?
- 2.Zoya keeps ₹300 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
- 3.Joseph has 5 coins of ₹2 and 2 coins of ₹1. How many rupees does Joseph have?
- 4.Aarav’s class stall spends ₹190 to make 20 greeting cards and sells all of them at ₹10 each. What is the profit (in ₹)?
- 5.Vivaan has ₹480 for return gifts. Each gift costs ₹25. What is the greatest number of gifts Vivaan can buy?
- 6.₹14 + ₹15 =
- 7.After 10% off, a study lamp costs ₹468. What was the price before the sale (in ₹)?
- 8.Manav has ₹1000 for a picnic. Food costs ₹290 and tickets cost ₹800. Is ₹1000 enough? (a) No (b) Yes
- 9.Kabir keeps ₹1500 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 5 years?
- 10.Shop A sells a T-shirt for ₹260 with free delivery. Shop B sells it for ₹255 plus ₹70 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 11.Riya has ₹25. A kite costs ₹22. Does Riya have enough money to buy it? (a) No (b) Yes
- 12.Aditya wants to save ₹560 for a football in 8 weeks, the same amount each week. How many rupees must Aditya save each week?
- 13.Count up to find the change from ₹100: ₹23 + ₹? = ₹100
- 14.Zoya has ₹200. In a piggy bank it stays ₹200. In a bank at 2% simple interest per year, how many rupees more will Zoya have after 5 years?
- 15.Kabir pays a bill of ₹1350 by UPI. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 16.Which is worth the most: a ₹5 coin, a ₹50 note or a ₹20 coin? (a) 20-rupee coin (b) 50-rupee note (c) 5-rupee coin
- 17.Shop A sells a badminton racket for ₹570 with free delivery. Shop B sells it for ₹370 plus ₹80 delivery. How many rupees do you save by buying from the cheaper shop?
- 18.A dozen (12) oranges cost ₹72. What does one cost (in ₹)?
- 19.Sneha’s piggy bank has 4 coins of ₹5, 1 coin of ₹2 and 5 coins of ₹1. How many rupees are in it?
- 20.The bill for 2 T-shirts and a plate of idli is ₹550. A T-shirt costs ₹255. What does the plate of idli cost (in ₹)?
- 21.Riya has ₹800. In a piggy bank it stays ₹800. In a bank at 10% simple interest per year, how many rupees more will Riya have after 4 years?
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22.Kavya’s passbook:
Opening balance: ₹700
Credit (money in): ₹50
Debit (money out): ₹?
Closing balance: ₹700
How many rupees was the debit? - 23.Kavya spends ₹20 of ₹200 pocket money on books. What percent is that?
- 24.₹23 − ₹12 =
- 25.How many cricket balls can you buy with ₹1100 if one costs ₹100?
- 26.Ishaan buys a storybook for ₹100 and a cricket ball for ₹140, and pays with a ₹500 note. How much change does Ishaan get (in ₹)?
- 27.Gurpreet is making a shopping list. Which of these is a want? (a) a warm blanket (b) a remote-control car (c) notebooks for school (d) a schoolbag
- 28.2 colour pencil sets cost ₹210. How much do 6 colour pencil sets cost (in ₹)?
- 29.Tara has 1 note of ₹50, 2 notes of ₹20 and 1 coin of ₹2. How many rupees does Tara have?
- 30.Which is the smallest amount: ₹58, ₹82 or ₹78? (a) 82 rupees (b) 58 rupees (c) 78 rupees
- 31.Manav makes 2 clay diyas an hour and sells each one for ₹30. How many rupees can Manav earn from 1 hour of work?
- 32.₹? + ₹5 + ₹2 = ₹27
- 33.₹210 − ₹100 =
- 34.Rahul’s class stall spends ₹495 to make 33 paper bookmarks and sells all of them at ₹15 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 35.Which is the same money as one ₹20 note? (a) six 10-rupee notes (b) two 10-rupee notes (c) four 10-rupee notes
- 36.After 50% off, a raincoat costs ₹320. What was the price before the sale (in ₹)?
- 37.Of a ₹48000 monthly budget, 40% goes on school fees and 20% on food. The rest is saved. How many rupees are saved?
- 38.Rahul is making a shopping list. Which of these is a need? (a) a video game (b) a toy robot (c) a remote-control car (d) notebooks for school
- 39.₹62 + ₹11 =
- 40.Saanvi buys a notebook (₹45), a water bottle (₹220), a plate of idli (₹35) and a samosa (₹18). What is the total (in ₹)?
Answer key
- 8
- 90
- 12
- 10
- 19
- 29
- 520
- No
- 525
- Shop A
- Yes
- 70
- 77
- 20
- Debit
- 50-rupee note
- 120
- 6
- 27
- 40
- 320
- 50
- 10
- 11
- 11
- 260
- a remote-control car
- 630
- 92
- 58 rupees
- 60
- 20
- 110
- No profit, no loss
- two 10-rupee notes
- 640
- 19200
- notebooks for school
- 73
- 318
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids