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.A stall pays ₹6 for each clay diya and sells each one for ₹13. It sells 38 clay diyas. What is the total profit (in ₹)?
- 2.What do 4 samosas at ₹15 each and 4 geometry boxes at ₹130 each cost in all (in ₹)?
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3.Arjun’s passbook:
Opening balance: ₹4400
Credit (money in): ₹650
Debit (money out): ₹?
Closing balance: ₹650
How many rupees was the debit? - 4.₹300 + ₹270 =
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5.Price list: juice box ₹20, biscuit packet ₹14, kite ₹15, sticker sheet ₹5.
Joseph has ₹100 and buys a biscuit packet. How many rupees are left? - 6.Kabir’s mother has ₹2800 in her bank account. She pays ₹90 for bread and ₹290 for milk by UPI. How many rupees are left in the account?
- 7.A day trip costs ₹1240 in all. 4 friends share the cost equally. How much does each friend pay (in ₹)?
- 8.Isha’s class stall spends ₹455 to make 17 paper bookmarks and sells all of them at ₹25 each. What is the loss (in ₹)?
- 9.Rahul’s mother scans a shop’s QR code to pay ₹5000. What should she check before she pays? (a) The name of the shop (b) Nothing, just pay (c) The colour of the code
- 10.The bill for 2 lunch boxes and a football is ₹630. A lunch box costs ₹165. What does the football cost (in ₹)?
- 11.Rahul buys a colour pencil set for ₹70 and a lunch box for ₹260, and pays with a ₹500 note. How much change does Rahul get (in ₹)?
- 12.Zoya buys a school bag (₹495), a football (₹380), a lunch box (₹190) and a notebook (₹45). What is the total (in ₹)?
- 13.A water bottle costs ₹220. Offer 1: 25% off. Offer 2: ₹30 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 14.Tara gets ₹10 pocket money every week. How many rupees is that in 6 weeks?
- 15.150 paise is how many rupees? =
- 16.7 cricket balls cost ₹805. What does one cricket ball cost (in ₹)?
- 17.One mango costs ₹25. How much do 8 mangoes cost (in ₹)?
- 18.What is the smallest number of coins and notes that make ₹46?
- 19.How many paise are there in ₹2.50?
- 20.Which is the same money as one ₹100 note? (a) two 20-rupee notes (b) four 20-rupee notes (c) five 20-rupee notes
- 21.Rahul buys a colour pencil set for ₹75 and a plate of idli for ₹35, and pays with a ₹500 note. How much change does Rahul get (in ₹)?
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22.Meera’s passbook:
Opening balance: ₹3200
Credit: ₹50
Debit: ₹50
Credit: ₹100
Debit: ₹150
What is the closing balance (in ₹)? - 23.Lakshmi keeps ₹1500 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
- 24.How many coins of ₹10 does Joseph need to make ₹30?
- 25.A 2 kg bag of potatoes costs ₹76. A 10 kg bag costs ₹200. How many rupees per kg do you save with the cheaper bag?
- 26.One ruler costs ₹8. A pack of 3 rulers costs ₹23. How many rupees do you save by buying the pack instead of 3 single ones?
- 27.Kabir keeps ₹1600 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
- 28.Dev has ₹1000 for a picnic. Food costs ₹310 and tickets cost ₹660. Is ₹1000 enough? (a) No (b) Yes
- 29.Aarav has 9 notes of ₹10. Ananya has 7 coins of ₹2. Who has more money? (a) Ananya (b) Aarav
- 30.Riya’s mother has ₹2800 in her bank account. She pays ₹130 for school books and ₹400 for fruit by UPI. How many rupees are left in the account?
- 31.Rahul gets ₹6 every day. How many rupees is that in one week (7 days)?
- 32.Count up to find the change from ₹20: ₹18 + ₹? = ₹20
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33.Price list: pencil ₹4, banana ₹8, crayon box ₹30, balloon ₹9.
How much do a crayon box and a banana cost together (in ₹)? - 34.For Priya, is “a new party dress” a need or a want? (a) Want (b) Need
- 35.Diya keeps ₹1700 in a bank. After 1 year the simple interest is ₹102. What is the rate of interest per year (in %)?
- 36.Priya is making a shopping list. Which of these is a need? (a) a bigger TV (b) rice and dal (c) extra comic books (d) a fancy phone cover
- 37.A stall pays ₹3 for each friendship band and sells each one for ₹8. It sells 14 friendship bands. What is the total profit (in ₹)?
- 38.Manav has ₹40 in a piggy bank. Dadi gives Manav ₹23 more. How many rupees does Manav have now?
- 39.Meera’s class stall spends ₹630 to make 18 cups of lemonade and sells all of them at ₹30 each. What is the loss (in ₹)?
- 40.Joseph buys a notebook (₹55), a school bag (₹620), a geometry box (₹145) and a samosa (₹13). What is the total (in ₹)?
Answer key
- 266
- 580
- 4400
- 570
- 86
- 2420
- 310
- 30
- The name of the shop
- 300
- 170
- 1110
- Offer 1
- 60
- 1.5
- 115
- 200
- 4
- 250
- five 20-rupee notes
- 390
- 3150
- 2025
- 3
- 18
- 1
- 48
- Yes
- Aarav
- 2270
- 42
- 2
- 38
- Want
- 6
- rice and dal
- 70
- 63
- 90
- 833
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids