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 dozen (12) bananas cost ₹84. What does one cost (in ₹)?
- 2.Rohan’s class stall spends ₹165 to make 11 greeting cards and sells all of them at ₹15 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 3.A toy train costs ₹160. Offer 1: 25% off. Offer 2: ₹30 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 4.Of a ₹11000 monthly budget, 50% goes on clothes and 30% on rent. The rest is saved. How many rupees are saved?
- 5.Rohan has 4 notes of ₹20. How many rupees does Rohan have?
- 6.Count up to find the change from ₹50: ₹9 + ₹? = ₹50
- 7.Zoya’s mother scans a shop’s QR code to pay ₹50000. What should she check before she pays? (a) The colour of the code (b) Nothing, just pay (c) The name of the shop
- 8.What is the smallest number of coins and notes that make ₹149?
- 9.Tara had ₹77. Tara spent ₹8 on a sharpener. How many rupees are left?
- 10.Tara’s piggy bank has 4 coins of ₹20, 3 coins of ₹5 and 2 coins of ₹1. How many rupees are in it?
- 11.5 friends run a stall selling clay diyas and make a profit of ₹1000. They share it equally. How many rupees does each friend get?
- 12.A family plans ₹45000 for the month. 10% of it is for clothes. How many rupees is that?
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13.Price list: eraser ₹2, samosa ₹10, notebook ₹40, kite ₹18.
How much do 2 erasers cost (in ₹)? - 14.Arjun buys a sticker sheet for ₹6 and an eraser for ₹4. How many rupees does Arjun spend in all?
- 15.Of a ₹36000 monthly budget, 10% goes on travel and 30% on rent. The rest is saved. What percent is saved?
- 16.Count up to find the change from ₹50: ₹7 + ₹? = ₹50
- 17.₹10 + ₹? + ₹20 = ₹31
- 18.A jacket costs ₹440. The shop gives 20% off. How many rupees is the discount?
- 19.A raincoat costs ₹420. The shop gives 10% off. What is the sale price (in ₹)?
- 20.Arjun makes 6 paper bookmarks an hour and sells each one for ₹30. How many rupees can Arjun earn from 1 hour of work?
- 21.Lakshmi gets ₹40 a week, spends ₹5 each week and saves the rest. How many rupees has Lakshmi saved after 2 weeks?
- 22.Dev spends ₹20 of ₹200 pocket money on books. What percent is that?
- 23.Riya buys a samosa (₹19), a school bag (₹590), a pair of socks (₹85) and a cricket ball (₹140). What is the total (in ₹)?
- 24.After 10% off, a school bag costs ₹306. What was the price before the sale (in ₹)?
- 25.₹300 earns 9% simple interest per year. In how many years will the interest be ₹81?
- 26.Kabir gets ₹60 a week, spends ₹25 each week and saves the rest. How many rupees has Kabir saved after 2 weeks?
- 27.4 pairs of socks cost ₹240. What does one pair of socks cost (in ₹)?
- 28.Ananya buys a T-shirt (₹360), a lunch box (₹175), a football (₹350) and a plate of idli (₹55). What is the total (in ₹)?
- 29.29 children go on a school trip to the planetarium. The bus costs ₹90 for each child and the ticket costs ₹40 for each child. What is the total cost (in ₹)?
- 30.Farhan has ₹200. In a piggy bank it stays ₹200. In a bank at 6% simple interest per year, how many rupees more will Farhan have after 2 years?
- 31.Riya spends ₹60 to start a stall and sells each plate of bhel for ₹10. What is the smallest number Riya must sell to get back the ₹60?
- 32.Zoya buys 2 pairs of socks at ₹85 each and pays with a ₹200 note. How much change does Zoya get (in ₹)?
- 33.Zoya has 4 coins of ₹20 and 6 coins of ₹5. How many rupees does Zoya have?
- 34.Dev saves ₹100 every week for 8 weeks, then buys a storybook set for ₹330. How many rupees are left?
- 35.How many notes of ₹20 make ₹180?
- 36.For Saanvi, is “drinking water” a need or a want? (a) Want (b) Need
- 37.Someone online asks Karan for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A friend at school (b) No one (c) A caller from the bank
- 38.Joseph gets ₹150 pocket money every month. How many rupees is that in one year (12 months)?
- 39.There are 29 children in a class. Each child needs one notebook at ₹30. What is the total cost (in ₹)?
- 40.Shop A sells 3 cricket balls for ₹435. Shop B sells 6 cricket balls for ₹720. What does one cricket ball cost at the cheaper shop (in ₹)?
Answer key
- 7
- No profit, no loss
- Offer 1
- 2200
- 80
- 41
- The name of the shop
- 6
- 69
- 97
- 200
- 4500
- 4
- 10
- 60
- 43
- 1
- 88
- 378
- 180
- 70
- 10
- 834
- 340
- 3
- 70
- 60
- 940
- 3770
- 24
- 6
- 30
- 110
- 470
- 9
- Need
- No one
- 1800
- 870
- 120
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids