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.What is the smallest number of coins and notes that make ₹167?
- 2.Shop A sells 6 notebooks for ₹180. Shop B sells 4 notebooks for ₹180. What does one notebook cost at the cheaper shop (in ₹)?
- 3.₹50 + ₹130 =
- 4.Meera sells 40 cups of lemonade at ₹20 each. How many rupees does Meera get?
- 5.5 friends run a stall selling plates of bhel and make a profit of ₹2200. They share it equally. How many rupees does each friend get?
- 6.A stranger asks Arjun to scan a QR code to “get” ₹2000. What is true? (a) It gives you money (b) QR codes are always safe (c) Scanning a QR pays money
- 7.Nisha has ₹23 in a piggy bank. Nani gives Nisha ₹10 more. How many rupees does Nisha have now?
- 8.How many water bottles can you buy with ₹560 if one costs ₹140?
- 9.Ishaan has 3 coins of ₹2. Meera has 7 notes of ₹50. Who has less money? (a) Ishaan (b) Meera
- 10.Diya keeps ₹1300 in a bank. After 1 year the simple interest is ₹65. What is the rate of interest per year (in %)?
- 11.Farhan makes 5 clay diyas an hour and sells each one for ₹30. How many rupees can Farhan earn from 2 hours of work?
- 12.Shop A sells a water bottle for ₹215 with free delivery. Shop B sells it for ₹125 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 13.Joseph buys a pen for ₹24 and pays with a ₹100 note. How much change does Joseph get (in ₹)?
- 14.A T-shirt costs ₹310 online. Delivery is ₹80 and a coupon takes ₹30 off. What is the final price (in ₹)?
- 15.Rohan is making a shopping list. Which of these is a need? (a) a remote-control car (b) a video game (c) school shoes (d) a fancy phone cover
- 16.Joseph’s class stall spends ₹720 to make 33 paper bookmarks and sells all of them at ₹20 each. What is the loss (in ₹)?
- 17.Sneha has 3 notes of ₹50. How many rupees does Sneha have?
- 18.Which is worth the least: a ₹1 coin, a ₹200 note or a ₹2 coin? (a) 200-rupee note (b) 1-rupee coin (c) 2-rupee coin
- 19.Lakshmi has 7 coins of ₹5. Arjun has 7 notes of ₹100. How many more rupees does Arjun have?
- 20.Shop A sells a water bottle for ₹140 with free delivery. Shop B sells it for ₹150 plus ₹50 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 21.Kabir has one ₹50 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 22.Meera has ₹30. A notebook costs ₹25. Does Meera have enough money to buy it? (a) No (b) Yes
-
23.Price list: ice candy ₹15, toffee ₹1, sharpener ₹7, eraser ₹2.
Sneha has ₹100 and buys an ice candy. How many rupees are left? - 24.Meera gets ₹7 every day. How many rupees is that in one week (7 days)?
- 25.A day trip costs ₹2720 in all. 8 friends share the cost equally. How much does each friend pay (in ₹)?
- 26.₹67 + ₹9 =
- 27.Isha keeps ₹1100 in a bank at 8% simple interest per year. How much money will there be after 5 years (in ₹)?
- 28.Shop A sells a water bottle for ₹195 with free delivery. Shop B sells it for ₹130 plus ₹40 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 29.Meera has 7 coins of ₹10. How many rupees does Meera have?
- 30.A toffee costs ₹1 and a sticker sheet costs ₹12. How many rupees more does the sticker sheet cost?
-
31.Price list: pencil ₹6, balloon ₹9, crayon box ₹30, ruler ₹8.
How much do a pencil and a crayon box cost together (in ₹)? - 32.Arjun buys a samosa for ₹12 and a crayon box for ₹35, and pays ₹50. How much change does Arjun get (in ₹)?
- 33.Which is the same money as one ₹10 note? (a) five 2-rupee coins (b) three 2-rupee coins (c) six 2-rupee coins
- 34.A cricket bat costs ₹220. The shop gives 20% off. How many rupees is the discount?
- 35.Pooja is making a shopping list. Which of these is a want? (a) a schoolbag (b) vegetables (c) rice and dal (d) a video game
- 36.Lakshmi has 8 coins of ₹20. How many rupees does Lakshmi have?
- 37.Aarav has ₹400. In a piggy bank it stays ₹400. In a bank at 2% simple interest per year, how many rupees more will Aarav have after 2 years?
- 38.A 5 kg bag of wheat flour costs ₹165. A 10 kg bag costs ₹370. Which bag is cheaper per kg? (a) 5 kg bag (b) 10 kg bag
- 39.A stranger asks Rohan to scan a QR code to “get” ₹500. What is true? (a) QR codes are always safe (b) Scanning a QR pays money (c) It gives you money
- 40.A family plans ₹45000 for the month. 5% of it is for rent. How many rupees is that?
Answer key
- 5
- 30
- 180
- 800
- 440
- Scanning a QR pays money
- 33
- 4
- Ishaan
- 5
- 300
- 70
- 76
- 360
- school shoes
- 60
- 150
- 1-rupee coin
- 665
- Shop A
- Note
- Yes
- 85
- 49
- 340
- 76
- 1540
- Shop B
- 70
- 11
- 36
- 3
- five 2-rupee coins
- 44
- a video game
- 160
- 16
- 5 kg bag
- Scanning a QR pays money
- 2250
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids