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.Diya’s passbook:
Opening balance: ₹1800
Credit (money in): ₹550
Debit (money out): ₹2200
What is the balance now (in ₹)? - 2.A notebook costs ₹18.50. Kabir pays ₹50. How much change does Kabir get, in rupees? =
- 3.Tara’s class stall spends ₹370 to make 39 friendship bands and sells all of them at ₹10 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
- 4.For Karan, is “a remote-control car” a need or a want? (a) Need (b) Want
- 5.Which is the same money as one ₹50 note? (a) three 10-rupee notes (b) five 10-rupee notes (c) four 10-rupee notes
- 6.A stall pays ₹4 for each greeting card and sells each one for ₹6. It sells 40 greeting cards. What is the total profit (in ₹)?
- 7.One geometry box costs ₹135. How much do 4 geometry boxes cost (in ₹)?
- 8.Karan has 3 notes of ₹200, 1 note of ₹10 and 1 coin of ₹1. How many rupees does Karan have?
- 9.A family plans ₹29000 for the month. 5% of it is for school fees. How many rupees is that?
- 10.A jacket costs ₹560. The shop gives 10% off. What is the sale price (in ₹)?
- 11.Tara has 5 coins of ₹20 and 6 coins of ₹1. How many rupees does Tara have?
- 12.One ice candy costs ₹10. A pack of 3 ice candies costs ₹29. How many rupees do you save by buying the pack instead of 3 single ones?
- 13.7 school bags cost ₹4865. How much do 4 school bags cost (in ₹)?
- 14.Kabir buys a water bottle for ₹135 and a samosa for ₹19, and pays with a ₹500 note. How much change does Kabir get (in ₹)?
- 15.Of a ₹23000 monthly budget, 30% goes on clothes and 40% on rent. The rest is saved. How many rupees are saved?
- 16.Joseph buys a pencil for ₹5 and a juice box for ₹25. How many rupees does Joseph spend in all?
- 17.Shop A sells 6 geometry boxes for ₹870. Shop B sells 3 geometry boxes for ₹375. What does one geometry box cost at the cheaper shop (in ₹)?
- 18.Arjun is making a shopping list. Which of these is a need? (a) a fancy phone cover (b) a warm blanket (c) a bigger TV (d) designer sunglasses
- 19.Shop A sells a water bottle for ₹145 with free delivery. Shop B sells it for ₹245 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
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20.Price list: eraser ₹2, banana ₹7, sharpener ₹5, crayon box ₹45.
How much do a crayon box and a banana cost together (in ₹)? - 21.2 water bottles cost ₹270. How much do 4 water bottles cost (in ₹)?
- 22.Diya gets ₹40 a week, spends ₹10 each week and saves the rest. How many rupees has Diya saved after 6 weeks?
- 23.Farhan spends ₹50 on things to make 13 greeting cards and sells them all at ₹5 each. How many rupees does Farhan earn after paying the costs?
- 24.₹38 + ₹12 + ₹5 =
- 25.350 paise is how many rupees? =
- 26.Karan has ₹600. First Karan pays for needs: notebooks (₹150) and a school uniform (₹80). How many rupees are left for wants?
- 27.Saanvi has ₹11 in a piggy bank. Dadi gives Saanvi ₹24 more. How many rupees does Saanvi have now?
- 28.1400 paise is how many rupees? =
- 29.A 1 kg bag of wheat flour costs ₹36. A 5 kg bag costs ₹165. Which bag is cheaper per kg? (a) 1 kg bag (b) 5 kg bag
- 30.Aarav buys a toffee for ₹3 and a notebook for ₹30, and pays ₹50. How much change does Aarav get (in ₹)?
- 31.A cricket bat costs ₹100. Offer 1: 20% off. Offer 2: ₹30 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 32.Count up to find the change from ₹100: ₹34 + ₹? = ₹100
- 33.A dozen (12) bananas cost ₹48. What does one cost (in ₹)?
- 34.A notebook costs ₹27. Arjun pays ₹50. How much change does Arjun get (in ₹)?
- 35.9 water bottles cost ₹1170. What does one water bottle cost (in ₹)?
- 36.A T-shirt costs ₹225 online. Delivery is ₹70 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 37.What do 4 footballs at ₹270 each and 4 pairs of socks at ₹80 each cost in all (in ₹)?
- 38.What is the smallest number of coins and notes that make ₹82?
- 39.Rahul buys a cricket ball (₹105), a colour pencil set (₹60), a water bottle (₹240) and a football (₹365). What is the total (in ₹)?
- 40.Shop A sells 2 geometry boxes for ₹280. Shop B sells 6 geometry boxes for ₹510. Which shop is cheaper for one geometry box? (a) Shop A (b) Shop B
Answer key
- 150
- 31.5
- Profit
- Want
- five 10-rupee notes
- 80
- 540
- 611
- 1450
- 504
- 106
- 1
- 2780
- 346
- 6900
- 30
- 125
- a warm blanket
- 120
- 52
- 540
- 180
- 15
- 55
- 3.5
- 370
- 35
- 14
- 5 kg bag
- 17
- Offer 2
- 66
- 4
- 23
- 130
- 275
- 1400
- 4
- 770
- Shop B
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids