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.Priya’s class stall spends ₹400 to make 26 clay diyas and sells all of them at ₹25 each. What is the profit (in ₹)?
- 2.How many ₹10 coins make a ₹20 note?
- 3.Sneha sells 16 greeting cards at ₹15 each. How many rupees does Sneha get?
- 4.Which is the smallest amount: ₹20, ₹95 or ₹55? (a) 95 rupees (b) 55 rupees (c) 20 rupees
- 5.Karan has one ₹1 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 6.A stall pays ₹7 for each greeting card and sells each one for ₹9. It sells 33 greeting cards. What is the total profit (in ₹)?
- 7.₹39 + ₹6 + ₹30 =
- 8.Ishaan has a budget of ₹2000 for a birthday party. The juice cost ₹410, the cake cost ₹200 and the snacks cost ₹110. How many rupees are left?
- 9.₹1 + ₹50 + ₹? = ₹151
- 10.₹? + ₹50 + ₹20 = ₹71
- 11.A banana costs ₹8. Farhan pays ₹10. How much change does Farhan get (in ₹)?
- 12.Pooja buys a sticker sheet for ₹7 and a toffee for ₹2. How many rupees does Pooja spend in all?
- 13.A paint box costs ₹72. Gurpreet has ₹5 and ₹2. How many more rupees does Gurpreet need?
- 14.Karan’s mother scans a shop’s QR code to pay ₹5000. What should she check before she pays? (a) The colour of the code (b) Nothing, just pay (c) The name of the shop
- 15.Priya’s class stall spends ₹170 to make 14 paper bookmarks and sells all of them at ₹15 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 16.Karan deposits ₹2000 saved in a piggy bank. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 17.₹1 + ₹4.50 =
- 18.Kabir has 5 notes of ₹10. How many rupees does Kabir have?
- 19.A notebook costs ₹33.50. Riya pays ₹50. How much change does Riya get, in rupees? =
- 20.Gurpreet sells 32 greeting cards at ₹15 each. How many rupees does Gurpreet get?
- 21.Dev’s father is sending ₹50000 to a friend by UPI. What should he check before he pays? (a) Only the phone colour (b) Nothing at all (c) The name and amount
- 22.How many notes of ₹10 make ₹20?
- 23.How many notes of ₹50 make ₹250?
- 24.Saanvi keeps ₹200 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
- 25.Gurpreet buys a biscuit packet for ₹13 and a balloon for ₹8. How many rupees does Gurpreet spend in all?
- 26.Priya saves ₹30 every week for 10 weeks, then buys a cricket bat for ₹50. How many rupees are left?
- 27.How many pens can you buy with ₹161 if one costs ₹23?
- 28.Shop A sells 2 pairs of socks for ₹170. Shop B sells 5 pairs of socks for ₹250. What does one pair of socks cost at the cheaper shop (in ₹)?
- 29.The bill for 3 storybooks and a cricket ball is ₹575. A storybook costs ₹145. What does the cricket ball cost (in ₹)?
- 30.Dev buys 4 pairs of socks at ₹70 each and pays with a ₹500 note. How much change does Dev get (in ₹)?
- 31.Diya’s class stall spends ₹250 to make 22 clay diyas and sells all of them at ₹20 each. What is the profit (in ₹)?
- 32.Joseph makes 3 clay diyas an hour and sells each one for ₹20. How many rupees can Joseph earn from 3 hours of work?
- 33.Shop A sells a cricket ball for ₹135 with free delivery. Shop B sells it for ₹140 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 34.Shop A sells 2 pens for ₹20. Shop B sells 3 pens for ₹63. Which shop is cheaper for one pen? (a) Shop A (b) Shop B
- 35.One notebook costs ₹30. A pack of 3 notebooks costs ₹86. How many rupees do you save by buying the pack instead of 3 single ones?
- 36.Riya wants a cricket bat that costs ₹840. Riya saves ₹40 every week. How many weeks will it take?
- 37.Ananya has 2 coins of ₹2. How many rupees does Ananya have?
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38.Tara’s shop bill:
3 storybooks at ₹135 each
2 notebooks at ₹60 each
1 pair of socks at ₹90
What is the total bill (in ₹)? - 39.A 10 kg bag of rice costs ₹650. A 5 kg bag costs ₹235. Which bag is cheaper per kg? (a) 10 kg bag (b) 5 kg bag
- 40.Joseph’s piggy bank has 3 coins of ₹5, 4 coins of ₹2 and 5 coins of ₹1. How many rupees are in it?
Answer key
- 250
- 2
- 240
- 20 rupees
- Coin
- 66
- 75
- 1280
- 100
- 1
- 2
- 9
- 65
- The name of the shop
- Profit
- Credit
- 5.5
- 50
- 16.5
- 480
- The name and amount
- 2
- 5
- 270
- 21
- 250
- 7
- 50
- 140
- 220
- 190
- 180
- Shop A
- Shop A
- 4
- 21
- 4
- 615
- 5 kg bag
- 28
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids