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.A stall pays ₹10 for each paper bookmark and sells each one for ₹11. It sells 11 paper bookmarks. What is the total profit (in ₹)?
- 2.Arjun is making a shopping list. Which of these is a need? (a) notebooks for school (b) sweets every day (c) a fancy phone cover (d) extra comic books
- 3.A football costs ₹395 online. Delivery is ₹70 and a coupon takes ₹40 off. What is the final price (in ₹)?
- 4.Karan’s class stall spends ₹440 to make 28 paper bookmarks and sells all of them at ₹25 each. What is the profit (in ₹)?
- 5.₹300 earns 4% simple interest per year. In how many years will the interest be ₹24?
- 6.Pooja makes 6 friendship bands an hour and sells each one for ₹30. How many rupees can Pooja earn from 2 hours of work?
-
7.Price list: kite ₹23, samosa ₹19, sticker sheet ₹8, biscuit packet ₹13.
How much do 5 sticker sheets cost (in ₹)? - 8.A school bag costs ₹180. The shop gives 10% off. What is the sale price (in ₹)?
- 9.Nisha buys a T-shirt (₹280), a cricket ball (₹120), a badminton racket (₹315) and a notebook (₹60). What is the total (in ₹)?
- 10.Sneha has ₹15. A balloon costs ₹10. Does Sneha have enough money to buy it? (a) No (b) Yes
- 11.Someone online asks Rohan for the family UPI PIN. Who should ever be told a PIN or OTP? (a) No one (b) A friend at school (c) A caller from the bank
- 12.What is the smallest number of coins and notes that make ₹21?
- 13.Zoya’s class stall spends ₹835 to make 33 cups of lemonade and sells all of them at ₹25 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 14.There are 34 children in a class. Each child needs one samosa at ₹12. What is the total cost (in ₹)?
- 15.One geometry box costs ₹150. How much do 8 geometry boxes cost (in ₹)?
- 16.₹25 + ₹53 =
- 17.Priya has ₹310 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Priya can buy?
- 18.Gurpreet buys 2 ice candies at ₹11 each and pays ₹50. How much change does Gurpreet get (in ₹)?
- 19.There are 38 children in a class. Each child needs one notebook at ₹60. What is the total cost (in ₹)?
- 20.Of a ₹9000 monthly budget, 25% goes on electricity and 10% on rent. The rest is saved. How many rupees are saved?
- 21.Ananya has 4 notes of ₹50, 1 note of ₹20 and 3 coins of ₹2. How many rupees does Ananya have?
- 22.A dozen (12) eggs cost ₹108. What does one cost (in ₹)?
- 23.Ananya has 7 coins of ₹5. Diya has 4 notes of ₹100. Who has more money? (a) Ananya (b) Diya
- 24.Count up to find the change from ₹20: ₹18 + ₹? = ₹20
- 25.Which is worth more: a ₹5 coin or a ₹10 coin? (a) 10-rupee coin (b) 5-rupee coin
-
26.Rahul’s passbook:
Opening balance: ₹500
Credit (money in): ₹600
Debit (money out): ₹800
What is the balance now (in ₹)? -
27.Ananya’s passbook:
Opening balance: ₹1500
Credit (money in): ₹300
Debit (money out): ₹350
What is the balance now (in ₹)? - 28.2 water bottles cost ₹300. What does one water bottle cost (in ₹)?
- 29.A day trip costs ₹1850 in all. 5 friends share the cost equally. How much does each friend pay (in ₹)?
- 30.Ananya’s mother has ₹1000 in her bank account. She pays ₹230 for medicines and ₹110 for milk by UPI. How many rupees are left in the account?
- 31.A day trip costs ₹520 in all. 4 friends share the cost equally. How much does each friend pay (in ₹)?
- 32.Joseph has 9 notes of ₹20. How many rupees does Joseph have?
- 33.A dozen (12) oranges cost ₹108. What does one cost (in ₹)?
- 34.Of a ₹27000 monthly budget, 20% goes on school fees and 10% on electricity. The rest is saved. What percent is saved?
- 35.Riya’s class stall spends ₹760 to make 30 friendship bands and sells all of them at ₹25 each. What is the loss (in ₹)?
- 36.Sneha is making a shopping list. Which of these is a want? (a) bus fare to school (b) a warm blanket (c) a bigger TV (d) a schoolbag
- 37.A 2 kg bag of rice costs ₹146. A 5 kg bag costs ₹310. How many rupees per kg do you save with the cheaper bag?
- 38.Arjun has ₹1. A sticker sheet costs ₹5. Does Arjun have enough money to buy it? (a) Yes (b) No
- 39.What is the smallest number of coins and notes that make ₹191?
- 40.Of a ₹11000 monthly budget, 40% goes on rent and 25% on electricity. The rest is saved. How many rupees are saved?
Answer key
- 11
- notebooks for school
- 425
- 260
- 2
- 360
- 40
- 162
- 775
- Yes
- No one
- 2
- Loss
- 408
- 1200
- 78
- 6
- 28
- 2280
- 5850
- 226
- 9
- Diya
- 2
- 10-rupee coin
- 300
- 1450
- 150
- 370
- 660
- 130
- 180
- 9
- 70
- 10
- a bigger TV
- 11
- No
- 5
- 3850
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids