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.Gurpreet has ₹24 in a piggy bank. Mausi gives Gurpreet ₹16 more. How many rupees does Gurpreet have now?
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2.Price list: crayon box ₹40, sticker sheet ₹9, ice candy ₹13, eraser ₹4.
Which item costs the most? (a) sticker sheet (b) crayon box (c) ice candy (d) eraser - 3.A 10 kg bag of rice costs ₹790. A 1 kg bag costs ₹45. Which bag is cheaper per kg? (a) 10 kg bag (b) 1 kg bag
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4.Price list: samosa ₹17, banana ₹5, balloon ₹9, sharpener ₹4.
How much do 4 balloons cost (in ₹)? - 5.Which is the smallest amount: ₹15, ₹37 or ₹70? (a) 15 rupees (b) 70 rupees (c) 37 rupees
- 6.A ruler costs ₹12. Joseph pays ₹20. How much change does Joseph get (in ₹)?
- 7.Kavya buys a ruler for ₹15 and a biscuit packet for ₹14, and pays ₹50. How much change does Kavya get (in ₹)?
- 8.Saanvi’s class stall spends ₹440 to make 22 plates of bhel and sells all of them at ₹20 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 9.Arjun has ₹44. A notebook costs ₹45. Does Arjun have enough money to buy it? (a) Yes (b) No
- 10.Shop A sells a school bag for ₹450 with free delivery. Shop B sells it for ₹790 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
- 11.A T-shirt costs ₹225 online. Delivery is ₹70 and a coupon takes ₹40 off. What is the final price (in ₹)?
- 12.Pooja has 6 notes of ₹10. Rohan has 5 coins of ₹2. Who has more money? (a) Rohan (b) Pooja
- 13.9 badminton rackets cost ₹4905. How much do 3 badminton rackets cost (in ₹)?
- 14.How many paise are there in ₹8.50?
- 15.Shop A sells a school bag for ₹540 with free delivery. Shop B sells it for ₹520 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
- 16.Aarav buys a pencil for ₹5 and a crayon box for ₹40, and pays ₹50. How much change does Aarav get (in ₹)?
- 17.Joseph’s mother scans a shop’s QR code to pay ₹500. What should she check before she pays? (a) The name of the shop (b) The colour of the code (c) Nothing, just pay
- 18.Priya saves ₹20 every week for 5 weeks, then buys a storybook set for ₹50. How many rupees are left?
- 19.The bill for a storybook and a lunch box is ₹390. A storybook costs ₹120. What does the lunch box cost (in ₹)?
- 20.How many ₹10 coins make a ₹100 note?
- 21.Aarav’s class stall spends ₹240 to make 37 cupcakes and sells all of them at ₹10 each. What is the profit (in ₹)?
- 22.₹220 − ₹80 =
- 23.4 friends run a stall selling plates of bhel and make a profit of ₹1040. They share it equally. How many rupees does each friend get?
- 24.Tara has 4 notes of ₹200 and 3 notes of ₹10. How many rupees does Tara have?
- 25.Lakshmi’s class stall spends ₹340 to make 32 paper bookmarks and sells all of them at ₹10 each. What is the loss (in ₹)?
- 26.Arjun’s class stall spends ₹590 to make 21 cupcakes and sells all of them at ₹30 each. What is the profit (in ₹)?
- 27.Manav buys a plate of idli for ₹50 and a football for ₹395, and pays with a ₹500 note. How much change does Manav get (in ₹)?
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28.Pooja’s passbook:
Opening balance: ₹5000
Credit (money in): ₹450
Debit (money out): ₹2550
What is the balance now (in ₹)? - 29.Meera has 7 notes of ₹20. How many rupees does Meera have?
- 30.Pooja has ₹8. A pencil costs ₹5. Does Pooja have enough money to buy it? (a) Yes (b) No
- 31.What do 5 cricket balls at ₹125 each and 5 footballs at ₹300 each cost in all (in ₹)?
- 32.Aditya buys a biscuit packet for ₹15 and a kite for ₹11. How many rupees does Aditya spend in all?
- 33.A water bottle costs ₹620. The shop gives 50% off. How many rupees is the discount?
- 34.Saanvi has 6 coins of ₹5. How many rupees does Saanvi have?
- 35.Priya has ₹13. A samosa costs ₹11. Does Priya have enough money to buy it? (a) No (b) Yes
- 36.Gurpreet has 3 coins of ₹2. Ananya has 4 coins of ₹1. How many more rupees does Gurpreet have?
- 37.5 plates of idli cost ₹200. What does one plate of idli cost (in ₹)?
- 38.A sharpener costs ₹9. Priya pays ₹20. How much change does Priya get (in ₹)?
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39.Pooja’s passbook:
Opening balance: ₹4800
Credit (money in): ₹300
Debit (money out): ₹1450
What is the balance now (in ₹)? - 40.A family plans ₹33000 for the month. 5% of it is for rent. How many rupees is that?
Answer key
- 40
- crayon box
- 1 kg bag
- 36
- 15 rupees
- 8
- 21
- No profit, no loss
- No
- 390
- 255
- Pooja
- 1635
- 850
- 30
- 5
- The name of the shop
- 50
- 270
- 10
- 130
- 140
- 260
- 830
- 20
- 40
- 55
- 2900
- 140
- Yes
- 2125
- 26
- 310
- 30
- Yes
- 2
- 40
- 11
- 3650
- 1650
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids