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.Isha’s class stall spends ₹485 to make 19 cups of lemonade and sells all of them at ₹25 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
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2.Price list: notebook ₹45, crayon box ₹40, eraser ₹4, juice box ₹30.
How much do a crayon box and an eraser cost together (in ₹)? - 3.2 colour pencil sets cost ₹130. How much do 9 colour pencil sets cost (in ₹)?
- 4.How many coins of ₹10 does Joseph need to make ₹20?
- 5.Pooja sells 13 cupcakes at ₹5 each. How many rupees does Pooja get?
- 6.A dozen (12) guavas cost ₹48. What does one cost (in ₹)?
- 7.Aarav wants a board game that costs ₹320. Aarav saves ₹80 every week. How many weeks will it take?
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8.Price list: pencil ₹8, eraser ₹2, balloon ₹6, toffee ₹1.
How much do 3 balloons cost (in ₹)? - 9.Diya gets ₹450 pocket money every month. How many rupees is that in one year (12 months)?
- 10.Manav gets a link: “Click now to win a phone worth ₹5000!” What should Manav do? (a) Click it to win (b) Ignore it, tell a parent (c) Send it to friends
- 11.Diya’s class stall spends ₹370 to make 18 paper bookmarks and sells all of them at ₹20 each. What is the loss (in ₹)?
- 12.Diya has 2 notes of ₹100 and 2 notes of ₹20. How many rupees does Diya have?
- 13.Shop A sells a school bag for ₹605 with free delivery. Shop B sells it for ₹775 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
- 14.Pooja has ₹8. A sharpener costs ₹4. Does Pooja have enough money to buy it? (a) Yes (b) No
- 15.Arjun spends ₹60 on things to make 18 paper bookmarks and sells them all at ₹5 each. How many rupees does Arjun earn after paying the costs?
- 16.A 1 kg bag of onions costs ₹27. A 2 kg bag costs ₹60. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
- 17.How many notes of ₹100 make ₹900?
- 18.The bill for 4 T-shirts and a plate of idli is ₹860. A T-shirt costs ₹200. What does the plate of idli cost (in ₹)?
- 19.Of a ₹33000 monthly budget, 10% goes on clothes and 20% on electricity. The rest is saved. How many rupees are saved?
- 20.Ishaan buys a juice box for ₹20 and an eraser for ₹4. How many rupees does Ishaan spend in all?
- 21.How many paise are there in ₹3.50?
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22.Dev’s passbook:
Opening balance: ₹1800
Credit (money in): ₹200
Debit (money out): ₹1400
What is the balance now (in ₹)? - 23.Of a ₹10000 monthly budget, 50% goes on school fees and 40% on rent. The rest is saved. How many rupees are saved?
- 24.A school bag costs ₹820. Offer 1: 25% off. Offer 2: ₹260 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 25.What do 3 pairs of socks at ₹90 each and 2 samosas at ₹12 each cost in all (in ₹)?
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26.Pooja’s passbook:
Opening balance: ₹4700
Credit: ₹250
Debit: ₹350
Credit: ₹50
Credit: ₹250
What is the closing balance (in ₹)? - 27.Shop A sells 4 samosas for ₹56. Shop B sells 6 samosas for ₹108. What does one samosa cost at the cheaper shop (in ₹)?
- 28.₹56 + ₹43 =
- 29.A pencil box costs ₹16.50. Rohan pays ₹50. How much change does Rohan get, in rupees? =
- 30.Karan wants to save ₹3300 for a bicycle in 33 weeks, the same amount each week. How many rupees must Karan save each week?
- 31.One small sweet costs ₹1.50. How many rupees do 9 small sweets cost? =
- 32.Manav buys 3 samosas at ₹15 each and pays ₹50. How much change does Manav get (in ₹)?
- 33.₹20 − ₹17 =
- 34.Which is worth more: a ₹200 note or a ₹100 note? (a) 200-rupee note (b) 100-rupee note
- 35.Of a ₹24000 monthly budget, 5% goes on clothes and 40% on school fees. The rest is saved. What percent is saved?
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36.Price list: notebook ₹45, ice candy ₹8, balloon ₹10, crayon box ₹30.
Tara has ₹20 and buys a balloon. How many rupees are left? - 37.A kite costs ₹22 and a crayon box costs ₹30. How many rupees more does the crayon box cost?
- 38.One kite costs ₹13. A pack of 3 kites costs ₹38. How many rupees do you save by buying the pack instead of 3 single ones?
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39.Zoya’s shop bill:
2 geometry boxes at ₹80 each
1 pen at ₹17
1 football at ₹365
What is the total bill (in ₹)? -
40.Arjun’s passbook:
Opening balance: ₹4700
Credit (money in): ₹800
Debit (money out): ₹?
Closing balance: ₹1150
How many rupees was the debit?
Answer key
- Loss
- 44
- 585
- 2
- 65
- 4
- 4
- 18
- 5400
- Ignore it, tell a parent
- 10
- 240
- 240
- Yes
- 30
- 1 kg bag
- 9
- 60
- 23100
- 24
- 350
- 600
- 1000
- Offer 2
- 294
- 4900
- 14
- 99
- 33.5
- 100
- 13.5
- 5
- 3
- 200-rupee note
- 55
- 10
- 8
- 1
- 542
- 4350
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids