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.Riya’s class stall spends ₹320 to make 32 friendship bands and sells all of them at ₹10 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 2.Ananya has ₹600. First Ananya pays for needs: a lunch box (₹60) and a school uniform (₹50). How many rupees are left for wants?
- 3.Pooja’s class stall spends ₹350 to make 30 cupcakes and sells all of them at ₹20 each. What is the profit (in ₹)?
- 4.How many coins of ₹10 does Aarav need to make ₹40?
- 5.₹240 + ₹140 =
- 6.₹77 + ₹10 =
- 7.How many coins of ₹2 does Dev need to make ₹6?
- 8.Which is the same money as one ₹100 note? (a) four 20-rupee notes (b) three 20-rupee notes (c) five 20-rupee notes
- 9.Vivaan’s mother has ₹1800 in her bank account. She pays ₹80 for a gas cylinder and ₹100 for milk by UPI. How many rupees are left in the account?
- 10.Shop A sells 5 colour pencil sets for ₹350. Shop B sells 2 colour pencil sets for ₹230. What does one colour pencil set cost at the cheaper shop (in ₹)?
- 11.A skipping rope costs ₹88. Tara has ₹20 and ₹5. How many more rupees does Tara need?
- 12.A balloon costs ₹6 and a pencil costs ₹3. How many rupees more does the balloon cost?
- 13.Which is worth the least: a ₹1 coin, a ₹50 note or a ₹20 coin? (a) 50-rupee note (b) 1-rupee coin (c) 20-rupee coin
- 14.A T-shirt costs ₹285 online. Delivery is ₹30 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 15.Of a ₹25000 monthly budget, 50% goes on electricity and 5% on food. The rest is saved. How many rupees are saved?
- 16.Farhan gets ₹55 pocket money every week. How many rupees is that in 8 weeks?
- 17.Manav buys a pencil for ₹4 and a notebook for ₹25. How many rupees does Manav spend in all?
- 18.How many notes of ₹50 make ₹350?
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19.Manav’s shop bill:
3 storybooks at ₹110 each
2 footballs at ₹280 each
3 water bottles at ₹155 each
What is the total bill (in ₹)? - 20.₹290 − ₹70 =
- 21.One T-shirt costs ₹310. How much do 3 T-shirts cost (in ₹)?
- 22.2 footballs cost ₹890. What does one football cost (in ₹)?
- 23.A pencil costs ₹8 and a banana costs ₹4. How many rupees more does the pencil cost?
- 24.Dev has ₹60 in a piggy bank. Nani gives Dev ₹22 more. How many rupees does Dev have now?
- 25.Aditya’s class stall spends ₹430 to make 14 paper bookmarks and sells all of them at ₹30 each. What is the loss (in ₹)?
- 26.8 storybooks cost ₹1320. How much do 4 storybooks cost (in ₹)?
- 27.Aditya has ₹600 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Aditya can buy?
- 28.Diya’s class stall spends ₹540 to make 27 paper bookmarks and sells all of them at ₹20 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
- 29.1850 paise is how many rupees? =
- 30.Diya had ₹47. Diya spent ₹17 on a kite. How many rupees are left?
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31.Aditya’s shop bill:
3 pens at ₹22 each
2 plates of idli at ₹50 each
1 T-shirt at ₹305
What is the total bill (in ₹)? - 32.One toffee costs ₹3.50. How many rupees do 9 toffees cost? =
- 33.Rohan buys 5 erasers at ₹3 each and pays ₹20. How much change does Rohan get (in ₹)?
- 34.A bun costs ₹1.50. Karan pays ₹10. How much change does Karan get, in rupees? =
- 35.Isha wants a football that costs ₹390, has ₹30 already and saves ₹80 every week. In how many weeks will Isha have enough?
- 36.How many paise are there in ₹6?
- 37.Shop A sells 2 pairs of socks for ₹180. Shop B sells 5 pairs of socks for ₹425. Which shop is cheaper for one pair of socks? (a) Shop B (b) Shop A
- 38.Shop A sells a school bag for ₹725 with free delivery. Shop B sells it for ₹525 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
- 39.Priya wants to save ₹280 for an art kit in 14 weeks, the same amount each week. How many rupees must Priya save each week?
- 40.Pooja buys a pen for ₹12 and pays with a ₹100 note. How much change does Pooja get (in ₹)?
Answer key
- No profit, no loss
- 490
- 250
- 4
- 380
- 87
- 3
- five 20-rupee notes
- 1620
- 70
- 63
- 3
- 1-rupee coin
- 295
- 11250
- 440
- 29
- 7
- 1355
- 220
- 930
- 445
- 4
- 82
- 10
- 660
- 12
- No profit, no loss
- 18.5
- 30
- 471
- 31.5
- 5
- 8.5
- 5
- 600
- Shop B
- 150
- 20
- 88
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids