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.Kavya buys a balloon for ₹8 and a banana for ₹4, and pays ₹50. How much change does Kavya get (in ₹)?
- 2.3 pens cost ₹48. What does one pen cost (in ₹)?
- 3.₹25 + ₹49 =
- 4.A day trip costs ₹4080 in all. 8 friends share the cost equally. How much does each friend pay (in ₹)?
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5.Lakshmi’s passbook:
Opening balance: ₹2400
Credit: ₹200
Credit: ₹350
Debit: ₹200
Credit: ₹50
What is the closing balance (in ₹)? - 6.₹480 − ₹180 =
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7.Price list: ruler ₹15, glue stick ₹22, crayon box ₹45, sticker sheet ₹6.
Riya has ₹100 and buys a crayon box. How many rupees are left? - 8.₹110 + ₹50 =
- 9.9 storybooks cost ₹1485. What does one storybook cost (in ₹)?
- 10.A dozen (12) eggs cost ₹96. What does one cost (in ₹)?
- 11.Pooja had ₹22. Pooja spent ₹20 on a biscuit packet. How many rupees are left?
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12.Pooja’s shop bill:
1 pen at ₹20
4 footballs at ₹300 each
4 notebooks at ₹60 each
What is the total bill (in ₹)? - 13.Count up to find the change from ₹20: ₹5 + ₹? = ₹20
- 14.27 children go on a school trip to the zoo. The bus costs ₹50 for each child and the ticket costs ₹20 for each child. What is the total cost (in ₹)?
- 15.Nisha’s class stall spends ₹290 to make 25 cups of lemonade and sells all of them at ₹10 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 16.What is the smallest number of coins and notes that make ₹35?
- 17.A bun costs ₹8.50. Riya pays ₹50. How much change does Riya get, in rupees? =
- 18.How many notebooks can you buy with ₹450 if one costs ₹50?
- 19.1150 paise is how many rupees? =
- 20.Priya’s class stall spends ₹340 to make 12 plates of bhel and sells all of them at ₹25 each. What is the loss (in ₹)?
- 21.Of a ₹14000 monthly budget, 5% goes on clothes and 20% on rent. The rest is saved. What percent is saved?
- 22.How many coins of ₹5 does Manav need to make ₹40?
- 23.Saanvi has 1 note of ₹100, 2 notes of ₹20 and 5 coins of ₹1. How many rupees does Saanvi have?
- 24.Karan buys 2 samosas at ₹12 each and pays with a ₹200 note. How much change does Karan get (in ₹)?
- 25.A toffee costs ₹1 and a banana costs ₹4. How many rupees more does the banana cost?
- 26.₹1200 earns 6% simple interest per year. In how many years will the interest be ₹288?
- 27.A dozen (12) bananas cost ₹48. What does one cost (in ₹)?
- 28.There are 11 children in a class. Each child needs one plate of idli at ₹55. What is the total cost (in ₹)?
- 29.Pooja pays a bill of ₹1850 by UPI. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 30.A football costs ₹340. Offer 1: 25% off. Offer 2: ₹160 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 31.What do 5 cricket balls at ₹140 each and 4 notebooks at ₹35 each cost in all (in ₹)?
- 32.A 10 kg bag of rice costs ₹600. A 2 kg bag costs ₹98. Which bag is cheaper per kg? (a) 10 kg bag (b) 2 kg bag
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33.Price list: pencil ₹8, sharpener ₹9, ice candy ₹11, toffee ₹1.
How much do a sharpener and a toffee cost together (in ₹)? - 34.Which coins and notes make exactly ₹26? (a) 20 + 5 + 2 (b) 50 + 5 + 1 (c) 20 + 5 + 1
- 35.Aarav has 2 coins of ₹10 and 4 coins of ₹2. How many rupees does Aarav have?
- 36.₹69 + ₹11 =
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37.Aditya’s shop bill:
1 school bag at ₹655
2 notebooks at ₹40 each
4 water bottles at ₹150 each
What is the total bill (in ₹)? - 38.Lakshmi’s class stall spends ₹95 to make 13 cups of lemonade and sells all of them at ₹5 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
- 39.Aarav has a budget of ₹1500 for a birthday party. The cake cost ₹280, the snacks cost ₹200 and the decorations cost ₹240. How many rupees are left?
- 40.A stall pays ₹20 for each plate of bhel and sells each one for ₹25. It sells 18 plates of bhel. What is the total profit (in ₹)?
Answer key
- 38
- 16
- 74
- 510
- 2800
- 300
- 55
- 160
- 165
- 8
- 2
- 1460
- 15
- 1890
- Loss
- 3
- 41.5
- 9
- 11.5
- 40
- 75
- 8
- 145
- 176
- 3
- 4
- 4
- 605
- Debit
- Offer 2
- 840
- 2 kg bag
- 10
- 20 + 5 + 1
- 28
- 80
- 1335
- Loss
- 780
- 90
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids