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.Aarav’s class stall spends ₹620 to make 35 cups of lemonade and sells all of them at ₹30 each. What is the profit (in ₹)?
- 2.Aarav buys a T-shirt (₹370), a pen (₹24), a notebook (₹30) and a water bottle (₹205). What is the total (in ₹)?
- 3.Sneha’s class stall spends ₹170 to make 11 clay diyas and sells all of them at ₹20 each. What is the profit (in ₹)?
- 4.Pooja gets ₹100 pocket money every month. How many rupees is that in one year (12 months)?
- 5.Rohan has ₹500 for a picnic. Food costs ₹100 and tickets cost ₹470. Is ₹500 enough? (a) Yes (b) No
- 6.1800 paise is how many rupees? =
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7.Price list: sticker sheet ₹5, sharpener ₹4, eraser ₹2, juice box ₹20.
How much do 2 juice boxes cost (in ₹)? - 8.Priya has 6 notes of ₹10. Joseph has 7 notes of ₹100. Who has more money? (a) Priya (b) Joseph
- 9.Count up to find the change from ₹200: ₹101 + ₹? = ₹200
- 10.Priya is making a shopping list. Which of these is a want? (a) vegetables (b) a new party dress (c) rice and dal (d) notebooks for school
- 11.How many footballs can you buy with ₹3135 if one costs ₹285?
- 12.A 1 kg bag of wheat flour costs ₹33. A 2 kg bag costs ₹94. Which bag is cheaper per kg? (a) 2 kg bag (b) 1 kg bag
- 13.Gurpreet wants a board game that costs ₹535, has ₹150 already and saves ₹60 every week. In how many weeks will Gurpreet have enough?
- 14.After 20% off, a pair of shoes costs ₹784. What was the price before the sale (in ₹)?
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15.Saanvi’s passbook:
Opening balance: ₹2500
Debit: ₹300
Credit: ₹250
Debit: ₹450
Debit: ₹200
What is the closing balance (in ₹)? - 16.A jigsaw puzzle costs ₹43. Nisha has ₹10 and ₹5. How many more rupees does Nisha need?
- 17.A stranger asks Isha to scan a QR code to “get” ₹500. What is true? (a) It gives you money (b) QR codes are always safe (c) Scanning a QR pays money
- 18.There are 27 children in a class. Each child needs one pen at ₹18. What is the total cost (in ₹)?
- 19.Rohan buys a school bag (₹460), a T-shirt (₹375), a samosa (₹18) and a notebook (₹40). What is the total (in ₹)?
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20.Price list: biscuit packet ₹16, ice candy ₹10, sticker sheet ₹11, pencil ₹3.
How much do 5 pencils cost (in ₹)? - 21.Rahul spends ₹200 of ₹800 pocket money on books. What percent is that?
- 22.Ananya keeps ₹400 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
- 23.Kavya’s mother has ₹1000 in her bank account. She pays ₹130 for vegetables and ₹290 for bread by UPI. How many rupees are left in the account?
- 24.A cricket bat costs ₹460. Offer 1: 10% off. Offer 2: ₹20 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 25.Vivaan’s mother has ₹1500 in her bank account. She pays ₹380 for school books and ₹310 for vegetables by UPI. How many rupees are left in the account?
- 26.Isha buys a mango (₹25), a geometry box (₹115), a samosa (₹13) and a school bag (₹525). What is the total (in ₹)?
- 27.How many lunch boxes can you buy with ₹1980 if one costs ₹165?
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28.Karan’s shop bill:
1 football at ₹330
1 cricket ball at ₹110
1 geometry box at ₹100
What is the total bill (in ₹)? - 29.Vivaan’s father is sending ₹50000 to a friend by UPI. What should he check before he pays? (a) Nothing at all (b) Only the phone colour (c) The name and amount
- 30.Pooja wants a gift for Mum that costs ₹400. Pooja saves ₹100 every week. How many weeks will it take?
- 31.A 2 kg bag of potatoes costs ₹76. A 5 kg bag costs ₹135. How many rupees per kg do you save with the cheaper bag?
- 32.7 lunch boxes cost ₹1610. What does one lunch box cost (in ₹)?
- 33.3 friends run a stall selling greeting cards and make a profit of ₹1260. They share it equally. How many rupees does each friend get?
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34.Vivaan’s passbook:
Opening balance: ₹1300
Credit (money in): ₹200
Debit (money out): ₹?
Closing balance: ₹800
How many rupees was the debit? - 35.What is the smallest number of coins and notes that make ₹53?
- 36.Meera buys a crayon box for ₹30 and a kite for ₹19. How many rupees does Meera spend in all?
- 37.₹100 + ₹2 + ₹? = ₹107
- 38.A dozen (12) eggs cost ₹84. What does one cost (in ₹)?
- 39.Aarav has 2 coins of ₹1 and 3 coins of ₹10. How many rupees does Aarav have?
- 40.Zoya wants a cricket bat that costs ₹785, has ₹130 already and saves ₹80 every week. In how many weeks will Zoya have enough?
Answer key
- 430
- 629
- 50
- 1200
- No
- 18
- 40
- Joseph
- 99
- a new party dress
- 11
- 1 kg bag
- 7
- 980
- 1800
- 28
- Scanning a QR pays money
- 486
- 893
- 15
- 25
- 480
- 580
- Offer 1
- 810
- 678
- 12
- 540
- The name and amount
- 4
- 11
- 230
- 420
- 700
- 3
- 49
- 5
- 7
- 32
- 9
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids