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
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1.Price list: samosa ₹11, glue stick ₹25, pencil ₹5, balloon ₹10.
How much do 5 pencils cost (in ₹)? - 2.How many footballs can you buy with ₹1000 if one costs ₹250?
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3.Priya’s passbook:
Opening balance: ₹2300
Credit: ₹450
Debit: ₹400
Debit: ₹350
Debit: ₹400
What is the closing balance (in ₹)? - 4.Isha spends ₹130 on things to make 22 plates of bhel and sells them all at ₹10 each. How many rupees does Isha earn after paying the costs?
- 5.A toffee costs ₹2. Rohan pays ₹10. How much change does Rohan get (in ₹)?
- 6.Riya gets ₹350 pocket money every month. How many rupees is that in one year (12 months)?
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7.Ishaan’s passbook:
Opening balance: ₹3900
Debit: ₹150
Debit: ₹150
Debit: ₹450
Credit: ₹300
What is the total of all the debits (in ₹)? - 8.Rohan buys 2 balloons at ₹9 each and pays ₹20. How much change does Rohan get (in ₹)?
- 9.A day trip costs ₹1120 in all. 7 friends share the cost equally. How much does each friend pay (in ₹)?
- 10.Lakshmi gets ₹30 a week, spends ₹25 each week and saves the rest. How many rupees has Lakshmi saved after 4 weeks?
- 11.Dev makes 2 greeting cards an hour and sells each one for ₹25. How many rupees can Dev earn from 2 hours of work?
- 12.A dozen (12) eggs cost ₹72. What does one cost (in ₹)?
- 13.One water bottle costs ₹240. How much do 7 water bottles cost (in ₹)?
- 14.A family plans ₹33000 for the month. 50% of it is for rent. How many rupees is that?
- 15.Gurpreet saves ₹50 every week for 7 weeks, then buys a bicycle for ₹320. How many rupees are left?
- 16.Saanvi spends ₹70 to start a stall and sells each greeting card for ₹5. What is the smallest number Saanvi must sell to get back the ₹70?
- 17.Gurpreet has 3 notes of ₹10. How many rupees does Gurpreet have?
- 18.Which is the biggest amount: ₹13, ₹30 or ₹95? (a) 95 rupees (b) 30 rupees (c) 13 rupees
- 19.₹370 − ₹280 =
- 20.Arjun gets ₹350 pocket money every month. How many rupees is that in one year (12 months)?
- 21.How many notes of ₹100 make ₹300?
- 22.Meera keeps ₹100 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 3 years?
- 23.Nisha wants a bicycle that costs ₹3080, has ₹180 already and saves ₹350 every week. In how many weeks will Nisha have enough?
- 24.Riya’s class stall spends ₹70 to make 10 friendship bands and sells all of them at ₹10 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 25.Shop A sells 2 geometry boxes for ₹250. Shop B sells 4 geometry boxes for ₹340. Which shop is cheaper for one geometry box? (a) Shop A (b) Shop B
- 26.Gurpreet spends ₹30 of ₹300 pocket money on books. What percent is that?
- 27.₹74 + ₹5 =
- 28.Isha has one ₹1 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 29.A family plans ₹25000 for the month. 30% of it is for rent. How many rupees is that?
- 30.Dev gets ₹80 a week, spends ₹55 each week and saves the rest. How many rupees has Dev saved after 4 weeks?
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31.Price list: kite ₹13, ice candy ₹14, balloon ₹8, banana ₹6.
Tara has ₹50 and buys a balloon. How many rupees are left? - 32.How many school bags can you buy with ₹4680 if one costs ₹520?
- 33.Kavya buys a pair of socks for ₹75 and pays with a ₹100 note. How much change does Kavya get (in ₹)?
- 34.Arjun buys a colour pencil set (₹120), a pair of socks (₹85), a badminton racket (₹480) and a water bottle (₹240). What is the total (in ₹)?
- 35.Nisha’s class stall spends ₹1010 to make 40 cupcakes and sells all of them at ₹30 each. What is the profit (in ₹)?
- 36.Nisha makes 5 paper bookmarks an hour and sells each one for ₹25. How many rupees can Nisha earn from 2 hours of work?
- 37.A school bag costs ₹580. The shop gives 25% off. What is the sale price (in ₹)?
- 38.What is the smallest number of coins and notes that make ₹182?
- 39.28 children go on a school trip to the planetarium. The bus costs ₹30 for each child and the ticket costs ₹10 for each child. What is the total cost (in ₹)?
- 40.Joseph spends ₹190 to start a stall and sells each cup of lemonade for ₹10. What is the smallest number Joseph must sell to get back the ₹190?
Answer key
- 25
- 4
- 1600
- 90
- 8
- 4200
- 750
- 2
- 160
- 20
- 100
- 6
- 1680
- 16500
- 30
- 14
- 30
- 95 rupees
- 90
- 4200
- 3
- 12
- 9
- Profit
- Shop B
- 10
- 79
- Coin
- 7500
- 100
- 42
- 9
- 25
- 925
- 190
- 250
- 435
- 5
- 1120
- 19
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids