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 dozen (12) eggs cost ₹84. What does one cost (in ₹)?
- 2.Ishaan buys 2 sticker sheets at ₹7 each and pays ₹50. How much change does Ishaan get (in ₹)?
- 3.Of a ₹38000 monthly budget, 30% goes on electricity and 10% on rent. The rest is saved. How many rupees are saved?
- 4.A stall pays ₹4 for each cup of lemonade and sells each one for ₹11. It sells 13 cups of lemonade. What is the total profit (in ₹)?
- 5.Kabir has 5 notes of ₹50. Meera has 5 coins of ₹2. Who has more money? (a) Meera (b) Kabir
- 6.Aditya got ₹75 in 3 weeks, the same amount every week. How many rupees is that each week?
- 7.Priya has 3 notes of ₹200 and 4 notes of ₹20. How many rupees does Priya have?
- 8.A family plans ₹5000 for the month. 20% of it is for electricity. How many rupees is that?
- 9.Farhan gets ₹70 pocket money every week. How many rupees is that in 3 weeks?
- 10.Which is the smallest amount: ₹37, ₹17 or ₹50? (a) 17 rupees (b) 50 rupees (c) 37 rupees
- 11.Priya’s class stall spends ₹220 to make 13 greeting cards and sells all of them at ₹20 each. What is the profit (in ₹)?
- 12.Joseph has ₹700. First Joseph pays for needs: a school uniform (₹110) and notebooks (₹140). How many rupees are left for wants?
- 13.A juice box costs ₹20 and an eraser costs ₹3. How many rupees more does the juice box cost?
- 14.Ananya had ₹92. Ananya spent ₹25 on a juice box. How many rupees are left?
- 15.Kabir’s class stall spends ₹260 to make 14 greeting cards and sells all of them at ₹20 each. What is the profit (in ₹)?
- 16.A football costs ₹420. The shop gives 10% off. How many rupees is the discount?
- 17.150 paise is how many rupees? =
- 18.Vivaan has 3 notes of ₹20. Manav has 7 coins of ₹5. How many more rupees does Vivaan have?
- 19.A 2 kg bag of sugar costs ₹98. A 10 kg bag costs ₹480. How many rupees per kg do you save with the cheaper bag?
- 20.Aarav buys 3 plates of idli at ₹35 each and pays with a ₹200 note. How much change does Aarav get (in ₹)?
- 21.3 friends run a stall selling friendship bands and make a profit of ₹750. They share it equally. How many rupees does each friend get?
- 22.Priya buys a notebook for ₹30 and a banana for ₹5. How many rupees does Priya spend in all?
- 23.Nisha wants a bicycle that costs ₹2900. Nisha saves ₹100 every week. How many weeks will it take?
- 24.The bill for a storybook and a colour pencil set is ₹235. A storybook costs ₹130. What does the colour pencil set cost (in ₹)?
- 25.8 water bottles cost ₹1120. How much do 7 water bottles cost (in ₹)?
- 26.For Gurpreet, is “a school uniform” a need or a want? (a) Need (b) Want
- 27.Meera is making a shopping list. Which of these is a want? (a) a schoolbag (b) vegetables (c) sweets every day (d) notebooks for school
- 28.Pooja has 2 coins of ₹5. Vivaan has 9 notes of ₹10. How many more rupees does Vivaan have?
- 29.Pooja gets ₹200 pocket money every month. How many rupees is that in one year (12 months)?
- 30.Shop A sells 6 geometry boxes for ₹690. Shop B sells 2 geometry boxes for ₹200. Which shop is cheaper for one geometry box? (a) Shop A (b) Shop B
- 31.7 plates of idli cost ₹385. How much do 4 plates of idli cost (in ₹)?
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32.Isha’s passbook:
Opening balance: ₹4300
Debit: ₹50
Debit: ₹300
Credit: ₹350
Credit: ₹100
What is the total of all the debits (in ₹)? - 33.₹95 − ₹81 =
- 34.Dev has 9 notes of ₹10. How many rupees does Dev have?
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35.Kabir’s passbook:
Opening balance: ₹2500
Credit (money in): ₹500
Debit (money out): ₹1650
What is the balance now (in ₹)? - 36.Shop A sells a water bottle for ₹150 with free delivery. Shop B sells it for ₹200 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
- 37.Riya’s class stall spends ₹980 to make 32 cups of lemonade and sells all of them at ₹30 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 38.Rohan saves ₹50 every week for 5 weeks, then buys a board game for ₹100. How many rupees are left?
- 39.Rahul gets ₹250 pocket money every month. How many rupees is that in one year (12 months)?
- 40.Vivaan has ₹22. A glue stick costs ₹21. Does Vivaan have enough money to buy it? (a) No (b) Yes
Answer key
- 7
- 36
- 22800
- 91
- Kabir
- 25
- 680
- 1000
- 210
- 17 rupees
- 40
- 450
- 17
- 67
- 20
- 42
- 1.5
- 25
- 1
- 95
- 250
- 35
- 29
- 105
- 980
- Need
- sweets every day
- 80
- 2400
- Shop B
- 220
- 350
- 14
- 90
- 1350
- 90
- Loss
- 150
- 3000
- Yes
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids