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.Saanvi’s class stall spends ₹630 to make 24 cups of lemonade and sells all of them at ₹30 each. What is the profit (in ₹)?
- 2.A family plans ₹43000 for the month. 50% of it is for rent. How many rupees is that?
- 3.A biscuit packet costs ₹15. Aarav pays ₹50. How much change does Aarav get (in ₹)?
- 4.Kavya buys a football for ₹340 and a notebook for ₹30, and pays with a ₹500 note. How much change does Kavya get (in ₹)?
- 5.How many ₹10 notes make a ₹100 note?
- 6.Rohan sees that ₹50000 was sent to a wrong number by mistake. What should Rohan do first? (a) Pay again to fix it (b) Tell a parent at once (c) Keep it a secret
- 7.How many notes of ₹20 make ₹140?
- 8.A stranger asks Manav to scan a QR code to “get” ₹500. What is true? (a) Scanning a QR pays money (b) QR codes are always safe (c) It gives you money
- 9.A 5 kg bag of sugar costs ₹240. A 1 kg bag costs ₹44. How many rupees per kg do you save with the cheaper bag?
- 10.Kavya gets ₹40 a week, spends ₹35 each week and saves the rest. How many rupees has Kavya saved after 7 weeks?
- 11.₹180 + ₹110 =
- 12.Kabir keeps ₹300 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
- 13.Tara has ₹930 for return gifts. Each gift costs ₹20. What is the greatest number of gifts Tara can buy?
- 14.₹9.50 − ₹0.50 =
- 15.Of a ₹10000 monthly budget, 5% goes on rent and 50% on food. The rest is saved. What percent is saved?
- 16.A 2 kg bag of wheat flour costs ₹72. A 5 kg bag costs ₹220. Which bag is cheaper per kg? (a) 2 kg bag (b) 5 kg bag
- 17.A stall pays ₹3 for each cupcake and sells each one for ₹9. It sells 12 cupcakes. What is the total profit (in ₹)?
- 18.Kabir buys a notebook (₹50), a geometry box (₹80), a colour pencil set (₹105) and a cricket ball (₹100). What is the total (in ₹)?
- 19.Joseph has ₹510 for return gifts. Each gift costs ₹20. What is the greatest number of gifts Joseph can buy?
- 20.There are 14 children in a class. Each child needs one samosa at ₹17. What is the total cost (in ₹)?
- 21.Vivaan keeps ₹1400 in a bank at 2% simple interest per year. How much money will there be after 3 years (in ₹)?
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22.Price list: biscuit packet ₹19, crayon box ₹40, banana ₹8, juice box ₹25.
Which item costs the most? (a) juice box (b) biscuit packet (c) crayon box (d) banana - 23.One samosa costs ₹15. A pack of 3 samosas costs ₹41. How many rupees do you save by buying the pack instead of 3 single ones?
- 24.Karan has one ₹500 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 25.Nisha has ₹900. In a piggy bank it stays ₹900. In a bank at 6% simple interest per year, how many rupees more will Nisha have after 4 years?
- 26.Zoya has 2 coins of ₹1. Ishaan has 4 coins of ₹2. How many more rupees does Ishaan have?
- 27.A storybook costs ₹96. Diya has ₹20 and ₹10. How many more rupees does Diya need?
- 28.Shop A sells a cricket ball for ₹125 with free delivery. Shop B sells it for ₹135 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 29.A dozen (12) eggs cost ₹108. What does one cost (in ₹)?
- 30.Diya buys a samosa for ₹19 and a glue stick for ₹24, and pays ₹50. How much change does Diya get (in ₹)?
- 31.Of a ₹16000 monthly budget, 5% goes on clothes and 10% on rent. The rest is saved. What percent is saved?
- 32.Someone online asks Aarav for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) No one (c) A friend at school
- 33.₹11 + ₹1.50 =
- 34.Arjun has ₹11. A sharpener costs ₹8. Does Arjun have enough money to buy it? (a) Yes (b) No
- 35.One crayon box costs ₹45. A pack of 3 crayon boxes costs ₹131. How many rupees do you save by buying the pack instead of 3 single ones?
- 36.Pooja gets ₹100 pocket money every month. How many rupees is that in one year (12 months)?
- 37.How many coins of ₹5 does Vivaan need to make ₹10?
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38.Manav’s passbook:
Opening balance: ₹4100
Debit: ₹450
Debit: ₹100
Debit: ₹150
Credit: ₹450
What is the total of all the credits (in ₹)? -
39.Aditya’s passbook:
Opening balance: ₹900
Credit (money in): ₹950
Debit (money out): ₹400
What is the balance now (in ₹)? -
40.Nisha’s passbook:
Opening balance: ₹2800
Credit (money in): ₹750
Debit (money out): ₹1400
What is the balance now (in ₹)?
Answer key
- 90
- 21500
- 35
- 130
- 10
- Tell a parent at once
- 7
- Scanning a QR pays money
- 4
- 35
- 290
- 306
- 46
- 9
- 45
- 2 kg bag
- 72
- 335
- 25
- 238
- 1484
- crayon box
- 4
- Note
- 216
- 6
- 66
- Shop A
- 9
- 7
- 85
- No one
- 12.5
- Yes
- 4
- 1200
- 2
- 450
- 1450
- 2150
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids