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.₹710 − ₹60 =
- 2.A 1 kg bag of sugar costs ₹43. A 2 kg bag costs ₹94. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
- 3.Sneha has 3 notes of ₹50. Priya has 9 notes of ₹10. How many more rupees does Sneha have?
- 4.Ananya’s class stall spends ₹790 to make 38 plates of bhel and sells all of them at ₹20 each. What is the loss (in ₹)?
- 5.Of a ₹8000 monthly budget, 10% goes on school fees and 5% on clothes. The rest is saved. How many rupees are saved?
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6.Price list: toffee ₹1, banana ₹6, crayon box ₹45, juice box ₹25.
How much do a crayon box and a juice box cost together (in ₹)? - 7.How many notes of ₹200 make ₹1000?
- 8.Farhan’s class stall spends ₹360 to make 23 plates of bhel and sells all of them at ₹20 each. What is the profit (in ₹)?
- 9.Kabir gets ₹12 every day. How many rupees is that in one week (7 days)?
- 10.Kavya’s class stall spends ₹440 to make 40 greeting cards and sells all of them at ₹10 each. What is the loss (in ₹)?
- 11.Kavya’s class stall spends ₹75 to make 17 paper bookmarks and sells all of them at ₹5 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 12.Tara got ₹175 in 7 weeks, the same amount every week. How many rupees is that each week?
- 13.Rohan buys 3 bananas at ₹7 each and pays ₹50. How much change does Rohan get (in ₹)?
- 14.Lakshmi has 1 note of ₹500 and 1 note of ₹50. How many rupees does Lakshmi have?
- 15.Karan has 5 notes of ₹20. How many rupees does Karan have?
- 16.Shop A sells a lunch box for ₹240 with free delivery. Shop B sells it for ₹165 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 17.A glue stick costs ₹20 and a kite costs ₹12. How many rupees more does the glue stick cost?
- 18.A football costs ₹820. The shop gives 20% off. What is the sale price (in ₹)?
- 19.1550 paise is how many rupees? =
- 20.Kavya has 2 notes of ₹100, 4 notes of ₹10 and 1 coin of ₹2. How many rupees does Kavya have?
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21.Price list: sharpener ₹7, kite ₹23, eraser ₹5, notebook ₹25.
How much do a sharpener and an eraser cost together (in ₹)? - 22.A pencil costs ₹6. Saanvi pays ₹20. How much change does Saanvi get (in ₹)?
- 23.A pencil box costs ₹10.50. Aarav pays ₹20. How much change does Aarav get, in rupees? =
- 24.Tara’s class stall spends ₹130 to make 16 paper bookmarks and sells all of them at ₹10 each. What is the profit (in ₹)?
- 25.Priya’s mother scans a shop’s QR code to pay ₹10000. What should she check before she pays? (a) The name of the shop (b) The colour of the code (c) Nothing, just pay
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26.Lakshmi’s passbook:
Opening balance: ₹3200
Credit (money in): ₹900
Debit (money out): ₹?
Closing balance: ₹550
How many rupees was the debit? - 27.Riya has ₹300 for a picnic. Food costs ₹150 and tickets cost ₹140. Is ₹300 enough? (a) No (b) Yes
- 28.The bill for a storybook and a cricket ball is ₹230. A storybook costs ₹125. What does the cricket ball cost (in ₹)?
- 29.One notebook costs ₹50. How much do 7 notebooks cost (in ₹)?
- 30.Karan has 3 notes of ₹100. How many rupees does Karan have?
- 31.Count up to find the change from ₹100: ₹36 + ₹? = ₹100
- 32.Sneha wants an art kit that costs ₹240, has ₹110 already and saves ₹90 every week. In how many weeks will Sneha have enough?
- 33.Meera has 4 notes of ₹10. How many rupees does Meera have?
- 34.A dozen (12) bananas cost ₹72. What does one cost (in ₹)?
- 35.Sneha’s mother has ₹2400 in her bank account. She pays ₹60 for a gas cylinder and ₹360 for bread by UPI. How many rupees are left in the account?
- 36.Aditya has ₹1000. First Aditya pays for needs: school shoes (₹200) and a lunch box (₹120). How many rupees are left for wants?
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37.Rohan’s passbook:
Opening balance: ₹3200
Debit: ₹350
Debit: ₹250
Debit: ₹450
Credit: ₹200
What is the total of all the debits (in ₹)? - 38.The bill for 2 colour pencil sets and a geometry box is ₹260. A colour pencil set costs ₹65. What does the geometry box cost (in ₹)?
- 39.A 5 kg bag of wheat flour costs ₹170. A 2 kg bag costs ₹90. How many rupees per kg do you save with the cheaper bag?
- 40.A 1 kg bag of wheat flour costs ₹50. A 10 kg bag costs ₹430. How many rupees per kg do you save with the cheaper bag?
Answer key
- 650
- 1 kg bag
- 60
- 30
- 6800
- 70
- 5
- 100
- 84
- 40
- Profit
- 25
- 29
- 550
- 100
- Shop B
- 8
- 656
- 15.5
- 242
- 12
- 14
- 9.5
- 30
- The name of the shop
- 3550
- Yes
- 105
- 350
- 300
- 64
- 2
- 40
- 6
- 1980
- 680
- 1050
- 130
- 11
- 7
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids