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.There are 10 children in a class. Each child needs one mango at ₹30. What is the total cost (in ₹)?
- 2.A jacket costs ₹400. The shop gives 50% off. What is the sale price (in ₹)?
- 3.Count up to find the change from ₹20: ₹2 + ₹? = ₹20
- 4.Vivaan wants a cricket bat that costs ₹470, has ₹110 already and saves ₹30 every week. In how many weeks will Vivaan have enough?
- 5.Priya has ₹1300. In a piggy bank it stays ₹1300. In a bank at 9% simple interest per year, how many rupees more will Priya have after 2 years?
- 6.25 children go on a school trip to the science park. The bus costs ₹50 for each child and the ticket costs ₹30 for each child. What is the total cost (in ₹)?
- 7.Ishaan buys a balloon for ₹9 and a ruler for ₹9, and pays ₹50. How much change does Ishaan get (in ₹)?
- 8.Kabir has 8 notes of ₹20. Aditya has 8 coins of ₹2. Who has more money? (a) Kabir (b) Aditya
- 9.Rahul buys a cricket ball for ₹130 and a samosa for ₹18, and pays with a ₹500 note. How much change does Rahul get (in ₹)?
- 10.9 colour pencil sets cost ₹810. How much do 5 colour pencil sets cost (in ₹)?
- 11.Zoya buys 4 plates of idli at ₹45 each and pays with a ₹500 note. How much change does Zoya get (in ₹)?
- 12.Shop A sells a lunch box for ₹210 with free delivery. Shop B sells it for ₹205 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 13.Aarav keeps ₹1900 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
- 14.Gurpreet makes 4 greeting cards an hour and sells each one for ₹30. How many rupees can Gurpreet earn from 1 hour of work?
- 15.A family plans ₹20000 for the month. 5% of it is for school fees. How many rupees is that?
- 16.₹14.50 + ₹4 =
- 17.A school bag costs ₹420. Offer 1: 50% off. Offer 2: ₹20 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 18.Rahul makes 6 greeting cards an hour and sells each one for ₹15. How many rupees can Rahul earn from 3 hours of work?
- 19.The bill for 2 colour pencil sets and a samosa is ₹175. A colour pencil set costs ₹80. What does the samosa cost (in ₹)?
- 20.Shop A sells a T-shirt for ₹345 with free delivery. Shop B sells it for ₹335 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
- 21.Rohan spends ₹120 to start a stall and sells each cup of lemonade for ₹30. What is the smallest number Rohan must sell to get back the ₹120?
- 22.Farhan has 6 coins of ₹2. Joseph has 8 notes of ₹10. How many more rupees does Joseph have?
- 23.A day trip costs ₹1540 in all. 7 friends share the cost equally. How much does each friend pay (in ₹)?
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24.Price list: notebook ₹30, samosa ₹19, sticker sheet ₹5, ruler ₹10.
How much do 3 sticker sheets cost (in ₹)? - 25.₹10.50 + ₹19.50 =
- 26.Nisha has 6 coins of ₹10. How many rupees does Nisha have?
- 27.Meera has 4 notes of ₹200, 1 note of ₹20 and 5 coins of ₹2. How many rupees does Meera have?
- 28.For Rahul, is “designer sunglasses” a need or a want? (a) Want (b) Need
- 29.Rahul has ₹4. A pencil costs ₹4. Does Rahul have enough money to buy it? (a) No (b) Yes
- 30.Karan spends ₹650 on things to make 49 plates of bhel and sells them all at ₹15 each. How many rupees does Karan earn after paying the costs?
- 31.A message says Aarav has won ₹5000. It asks for the UPI PIN to send the prize. What is true? (a) Enter the PIN quickly (b) Prizes need your PIN (c) No PIN to receive money
- 32.An eraser costs ₹3. Pooja pays ₹50. How much change does Pooja get (in ₹)?
- 33.Rohan keeps ₹100 in a bank. After 3 years the simple interest is ₹15. What is the rate of interest per year (in %)?
- 34.A dozen (12) pencils cost ₹72. What does one cost (in ₹)?
- 35.Vivaan has ₹800. In a piggy bank it stays ₹800. In a bank at 5% simple interest per year, how many rupees more will Vivaan have after 1 year?
- 36.Zoya saves ₹80 every week for 10 weeks, then buys a cricket bat for ₹220. How many rupees are left?
- 37.How many paise are there in ₹18.50?
- 38.Meera’s piggy bank has 5 coins of ₹20, 4 coins of ₹2 and 3 coins of ₹1. How many rupees are in it?
- 39.Count up to find the change from ₹10: ₹8 + ₹? = ₹10
- 40.Gurpreet’s class stall spends ₹170 to make 17 cupcakes and sells all of them at ₹10 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
Answer key
- 300
- 200
- 18
- 12
- 234
- 2000
- 32
- Kabir
- 352
- 450
- 320
- Shop A
- 2052
- 120
- 1000
- 18.5
- Offer 1
- 270
- 15
- 60
- 4
- 68
- 220
- 15
- 30
- 60
- 830
- Want
- Yes
- 85
- No PIN to receive money
- 47
- 5
- 6
- 40
- 580
- 1850
- 111
- 2
- No profit, no loss
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids