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.Vivaan’s class stall spends ₹180 to make 12 friendship bands and sells all of them at ₹15 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 2.Of a ₹44000 monthly budget, 40% goes on rent and 5% on travel. The rest is saved. How many rupees are saved?
- 3.Dev gets ₹60 pocket money every week. How many rupees is that in 10 weeks?
- 4.Shop A sells a school bag for ₹750 with free delivery. Shop B sells it for ₹795 plus ₹80 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 5.Riya buys a mango for ₹20 and a badminton racket for ₹405, and pays with a ₹500 note. How much change does Riya get (in ₹)?
- 6.Karan’s mother has ₹1300 in her bank account. She pays ₹170 for milk and ₹50 for medicines by UPI. How many rupees are left in the account?
- 7.Ishaan buys a samosa for ₹13 and a notebook for ₹25, and pays ₹50. How much change does Ishaan get (in ₹)?
- 8.A juice box costs ₹24. Diya pays ₹50. How much change does Diya get (in ₹)?
- 9.₹220 + ₹390 =
- 10.₹39 − ₹34 =
- 11.A water bottle costs ₹600. The shop gives 50% off. What is the sale price (in ₹)?
- 12.Count up to find the change from ₹100: ₹47 + ₹? = ₹100
- 13.Kavya keeps ₹800 in a bank. After 2 years the simple interest is ₹80. What is the rate of interest per year (in %)?
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14.Price list: crayon box ₹50, pencil ₹4, sticker sheet ₹12, eraser ₹5.
Farhan has ₹100 and buys a crayon box. How many rupees are left? - 15.Which is the smallest amount: ₹56, ₹65 or ₹59? (a) 59 rupees (b) 65 rupees (c) 56 rupees
- 16.A day trip costs ₹4000 in all. 8 friends share the cost equally. How much does each friend pay (in ₹)?
- 17.An eraser costs ₹4. Ananya pays ₹10. How much change does Ananya get (in ₹)?
- 18.Which coins and notes make exactly ₹32? (a) 20 + 10 + 10 (b) 20 + 10 + 2 (c) 100 + 20 + 2
- 19.Arjun has 2 notes of ₹50. Ananya has 6 coins of ₹1. How many more rupees does Arjun have?
- 20.A water bottle costs ₹720. Offer 1: 25% off. Offer 2: ₹90 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 21.Zoya buys a notebook for ₹30 and pays with a ₹100 note. How much change does Zoya get (in ₹)?
- 22.Which coins and notes make exactly ₹17? (a) 5 + 2 + 2 (b) 20 + 10 + 5 (c) 10 + 5 + 2
- 23.₹37 + ₹40 =
- 24.Gurpreet’s father is sending ₹500 to a friend by UPI. What should he check before he pays? (a) Only the phone colour (b) The name and amount (c) Nothing at all
- 25.Dev’s class stall spends ₹50 to make 20 paper bookmarks and sells all of them at ₹5 each. What is the profit (in ₹)?
- 26.A biscuit packet costs ₹10 and a banana costs ₹8. How many rupees more does the biscuit packet cost?
- 27.Diya spends ₹110 to start a stall and sells each cup of lemonade for ₹10. What is the smallest number Diya must sell to get back the ₹110?
- 28.For Isha, is “sweets every day” a need or a want? (a) Need (b) Want
- 29.16 children go on a school trip to the zoo. The bus costs ₹70 for each child and the ticket costs ₹30 for each child. What is the total cost (in ₹)?
- 30.5 samosas cost ₹100. What does one samosa cost (in ₹)?
- 31.Meera buys a glue stick for ₹16 and a biscuit packet for ₹13, and pays ₹50. How much change does Meera get (in ₹)?
- 32.A pair of shoes costs ₹140. The shop gives 10% off. How many rupees is the discount?
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33.Kavya’s passbook:
Opening balance: ₹4500
Credit: ₹50
Debit: ₹150
Debit: ₹50
Credit: ₹50
What is the closing balance (in ₹)? - 34.Ishaan has ₹330 for return gifts. Each gift costs ₹25. What is the greatest number of gifts Ishaan can buy?
- 35.Diya buys a geometry box (₹140), a plate of idli (₹60), a colour pencil set (₹100) and a mango (₹40). What is the total (in ₹)?
- 36.A pencil costs ₹5. Riya pays ₹10. How much change does Riya get (in ₹)?
- 37.Sneha buys 2 pencils at ₹4 each and pays ₹20. How much change does Sneha get (in ₹)?
- 38.Tara gets ₹25 pocket money every week. How many rupees is that in 7 weeks?
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39.Price list: eraser ₹2, sticker sheet ₹5, kite ₹15, biscuit packet ₹19.
How much do an eraser and a sticker sheet cost together (in ₹)? - 40.An eraser costs ₹4 and a juice box costs ₹30. How many rupees more does the juice box cost?
Answer key
- No profit, no loss
- 24200
- 600
- Shop A
- 75
- 1080
- 12
- 26
- 610
- 5
- 300
- 53
- 5
- 50
- 56 rupees
- 500
- 6
- 20 + 10 + 2
- 94
- Offer 1
- 70
- 10 + 5 + 2
- 77
- The name and amount
- 50
- 2
- 11
- Want
- 1600
- 20
- 21
- 14
- 4400
- 13
- 340
- 5
- 12
- 175
- 7
- 26
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids