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.Meera has 9 coins of ₹2. Farhan has 7 notes of ₹50. How many more rupees does Farhan have?
- 2.Nisha buys a storybook (₹135), a lunch box (₹210), a mango (₹35) and a pen (₹16). What is the total (in ₹)?
- 3.Rohan has ₹300 for a picnic. Food costs ₹140 and tickets cost ₹160. Is ₹300 enough? (a) No (b) Yes
- 4.How many ₹5 coins make a ₹50 note?
- 5.Farhan’s class stall spends ₹850 to make 30 clay diyas and sells all of them at ₹25 each. What is the loss (in ₹)?
- 6.Saanvi keeps ₹1900 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
- 7.Shop A sells 5 notebooks for ₹225. Shop B sells 6 notebooks for ₹300. Which shop is cheaper for one notebook? (a) Shop A (b) Shop B
- 8.Shop A sells a cricket ball for ₹105 with free delivery. Shop B sells it for ₹145 plus ₹50 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 9.Aditya gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Aditya do? (a) Send it by message (b) Never share the OTP (c) Read the OTP out
- 10.Arjun makes 2 clay diyas an hour and sells each one for ₹5. How many rupees can Arjun earn from 2 hours of work?
- 11.Shop A sells a cricket ball for ₹100 with free delivery. Shop B sells it for ₹130 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
- 12.Rahul buys 6 pens at ₹18 each and pays with a ₹500 note. How much change does Rahul get (in ₹)?
- 13.For Farhan, is “bus fare to school” a need or a want? (a) Want (b) Need
- 14.How many geometry boxes can you buy with ₹520 if one costs ₹130?
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15.Price list: eraser ₹3, ice candy ₹8, sharpener ₹6, sticker sheet ₹7.
How much do 3 sticker sheets cost (in ₹)? - 16.Vivaan has 1 note of ₹50, 3 notes of ₹20 and 3 coins of ₹2. How many rupees does Vivaan have?
- 17.Diya wants a bicycle that costs ₹3150. Diya saves ₹450 every week. How many weeks will it take?
- 18.Of a ₹43000 monthly budget, 10% goes on rent and 20% on school fees. The rest is saved. What percent is saved?
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19.Price list: pencil ₹5, crayon box ₹35, glue stick ₹24, ice candy ₹10.
How much do an ice candy and a pencil cost together (in ₹)? - 20.Karan spends ₹70 to start a stall and sells each paper bookmark for ₹15. What is the smallest number Karan must sell to get back the ₹70?
- 21.Riya gets ₹350 interest from the bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 22.A dozen (12) bananas cost ₹72. What does one cost (in ₹)?
- 23.Riya spends ₹90 of ₹900 pocket money on books. What percent is that?
- 24.Kavya is making a shopping list. Which of these is a want? (a) designer sunglasses (b) school shoes (c) a raincoat (d) a warm blanket
- 25.Shop A sells 6 cricket balls for ₹600. Shop B sells 5 cricket balls for ₹550. Which shop is cheaper for one cricket ball? (a) Shop B (b) Shop A
- 26.Gurpreet has ₹350 for return gifts. Each gift costs ₹30. What is the greatest number of gifts Gurpreet can buy?
- 27.6 lunch boxes cost ₹1380. What does one lunch box cost (in ₹)?
- 28.Tara has 2 notes of ₹200, 4 notes of ₹10 and 4 coins of ₹2. How many rupees does Tara have?
- 29.2 badminton rackets cost ₹610. How much do 9 badminton rackets cost (in ₹)?
- 30.There are 15 children in a class. Each child needs one notebook at ₹30. What is the total cost (in ₹)?
- 31.A stall pays ₹19 for each friendship band and sells each one for ₹25. It sells 20 friendship bands. What is the total profit (in ₹)?
- 32.Diya buys 2 geometry boxes at ₹115 each and pays with a ₹500 note. How much change does Diya get (in ₹)?
- 33.Which coins and notes make exactly ₹107? (a) 100 + 5 + 2 (b) 20 + 5 + 2 (c) 100 + 2 + 1
- 34.For Meera, is “rice and dal” a need or a want? (a) Want (b) Need
- 35.Arjun gets ₹29 every day. How many rupees is that in one week (7 days)?
- 36.A toy train costs ₹160. The shop gives 20% off. How many rupees is the discount?
- 37.₹50 − ₹20 =
- 38.A banana costs ₹4. Arjun pays ₹10. How much change does Arjun get (in ₹)?
- 39.Pooja spends ₹140 of ₹700 pocket money on books. What percent is that?
- 40.A board game costs ₹360. The shop gives 10% off. What is the sale price (in ₹)?
Answer key
- 332
- 396
- Yes
- 10
- 100
- 2166
- Shop A
- Shop A
- Never share the OTP
- 20
- 100
- 392
- Need
- 4
- 21
- 116
- 7
- 70
- 15
- 5
- Credit
- 6
- 10
- designer sunglasses
- Shop A
- 11
- 230
- 448
- 2745
- 450
- 120
- 270
- 100 + 5 + 2
- Need
- 203
- 32
- 30
- 6
- 20
- 324
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids