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 yo-yo costs ₹77. Tara has ₹10 and ₹10. How many more rupees does Tara need?
- 2.Manav gets ₹10 pocket money every week. How many rupees is that in 6 weeks?
- 3.Rohan gets ₹450 interest from the bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 4.A water gun costs ₹62. Priya has ₹5 and ₹10. How many more rupees does Priya need?
- 5.Priya sells 34 friendship bands at ₹10 each. How many rupees does Priya get?
- 6.Lakshmi has 2 notes of ₹50 and 5 notes of ₹10. How many rupees does Lakshmi have?
- 7.Zoya has 5 coins of ₹5. Priya has 5 notes of ₹100. How many more rupees does Priya have?
- 8.Shop A sells 2 notebooks for ₹110. Shop B sells 5 notebooks for ₹175. What does one notebook cost at the cheaper shop (in ₹)?
- 9.Gurpreet has ₹100. In a piggy bank it stays ₹100. In a bank at 10% simple interest per year, how many rupees more will Gurpreet have after 1 year?
- 10.One lunch box costs ₹285. How much do 3 lunch boxes cost (in ₹)?
- 11.Which is worth more: a ₹10 note or a ₹100 note? (a) 10-rupee note (b) 100-rupee note
- 12.Of a ₹30000 monthly budget, 10% goes on electricity and 5% on rent. The rest is saved. What percent is saved?
- 13.A sharpener costs ₹8. Kabir pays ₹20. How much change does Kabir get (in ₹)?
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14.Zoya’s passbook:
Opening balance: ₹4100
Debit: ₹250
Debit: ₹350
Credit: ₹400
Credit: ₹500
What is the closing balance (in ₹)? - 15.Zoya gets ₹20 pocket money every week. How many rupees is that in 4 weeks?
- 16.A study lamp costs ₹240. The shop gives 20% off. How many rupees is the discount?
- 17.A football costs ₹220. The shop gives 20% off. What is the sale price (in ₹)?
- 18.Diya makes 2 paper bookmarks an hour and sells each one for ₹15. How many rupees can Diya earn from 4 hours of work?
- 19.Sneha gets ₹50 pocket money every week. How many rupees is that in 5 weeks?
- 20.Which coins and notes make exactly ₹71? (a) 20 + 1 + 1 (b) 20 + 10 + 1 (c) 50 + 20 + 1
- 21.Zoya spends ₹120 of ₹400 pocket money on books. What percent is that?
- 22.₹360 − ₹300 =
- 23.A stall pays ₹10 for each paper bookmark and sells each one for ₹18. It sells 13 paper bookmarks. What is the total profit (in ₹)?
- 24.₹560 − ₹160 =
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25.Manav’s passbook:
Opening balance: ₹2400
Credit: ₹300
Debit: ₹350
Credit: ₹450
Credit: ₹150
What is the closing balance (in ₹)? - 26.Kabir gets ₹5 every day. How many rupees is that in one week (7 days)?
- 27.Arjun has 5 coins of ₹1. How many rupees does Arjun have?
- 28.Diya has ₹53 in a piggy bank. Dada gives Diya ₹12 more. How many rupees does Diya have now?
- 29.₹300 earns 5% simple interest per year. In how many years will the interest be ₹45?
- 30.A 5 kg bag of wheat flour costs ₹200. A 10 kg bag costs ₹370. Which bag is cheaper per kg? (a) 5 kg bag (b) 10 kg bag
- 31.Nisha buys a banana for ₹7 and an ice candy for ₹9, and pays ₹50. How much change does Nisha get (in ₹)?
- 32.Arjun wants to save ₹4500 for a bicycle in 9 weeks, the same amount each week. How many rupees must Arjun save each week?
- 33.Kabir has 4 notes of ₹20. Kavya has 4 notes of ₹100. Who has more money? (a) Kabir (b) Kavya
- 34.Nisha has ₹52 in a piggy bank. Dadi gives Nisha ₹27 more. How many rupees does Nisha have now?
- 35.Arjun is making a shopping list. Which of these is a want? (a) milk (b) soap (c) a warm blanket (d) a third cricket bat
- 36.A day trip costs ₹1740 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
- 37.Rahul keeps ₹1200 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
- 38.Sneha got ₹255 in 3 weeks, the same amount every week. How many rupees is that each week?
- 39.Arjun’s class stall spends ₹190 to make 16 cups of lemonade and sells all of them at ₹20 each. What is the profit (in ₹)?
- 40.How many plates of idli can you buy with ₹120 if one costs ₹60?
Answer key
- 57
- 60
- Credit
- 47
- 340
- 150
- 475
- 35
- 10
- 855
- 100-rupee note
- 85
- 12
- 4400
- 80
- 48
- 176
- 120
- 250
- 50 + 20 + 1
- 30
- 60
- 104
- 400
- 2950
- 35
- 5
- 65
- 3
- 10 kg bag
- 34
- 500
- Kavya
- 79
- a third cricket bat
- 580
- 120
- 85
- 130
- 2
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids