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 family plans ₹14000 for the month. 10% of it is for travel. How many rupees is that?
- 2.₹210 + ₹250 =
- 3.Lakshmi pays a school fee of ₹450 from the account. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 4.Isha buys a cricket ball (₹105), a notebook (₹35), a plate of idli (₹50) and a football (₹400). What is the total (in ₹)?
- 5.How many T-shirts can you buy with ₹1575 if one costs ₹315?
- 6.₹45 + ₹21 =
- 7.Dev’s class stall spends ₹135 to make 29 plates of bhel and sells all of them at ₹5 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
- 8.Shop A sells a school bag for ₹450 with free delivery. Shop B sells it for ₹575 plus ₹60 delivery. How many rupees do you save by buying from the cheaper shop?
- 9.Shop A sells 6 pairs of socks for ₹300. Shop B sells 5 pairs of socks for ₹325. Which shop is cheaper for one pair of socks? (a) Shop B (b) Shop A
- 10.What is the smallest number of coins and notes that make ₹45?
- 11.Priya’s class stall spends ₹135 to make 35 cups of lemonade and sells all of them at ₹5 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
- 12.Meera’s class stall spends ₹340 to make 34 plates of bhel and sells all of them at ₹10 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
- 13.How many notes of ₹100 make ₹600?
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14.Isha’s passbook:
Opening balance: ₹1800
Credit (money in): ₹600
Debit (money out): ₹350
What is the balance now (in ₹)? - 15.Tara has ₹23 in a piggy bank. Chacha gives Tara ₹38 more. How many rupees does Tara have now?
- 16.Ishaan has ₹360 for return gifts. Each gift costs ₹25. What is the greatest number of gifts Ishaan can buy?
- 17.One small sweet costs 50 paise. How many rupees do 7 small sweets cost? =
- 18.A glue stick costs ₹23 and a pencil costs ₹5. How many rupees more does the glue stick cost?
- 19.Rahul wants a cricket bat that costs ₹840, has ₹10 already and saves ₹100 every week. In how many weeks will Rahul have enough?
- 20.A balloon costs ₹7. Rahul pays ₹10. How much change does Rahul get (in ₹)?
- 21.Meera buys a mango for ₹20 and a plate of idli for ₹35, and pays with a ₹500 note. How much change does Meera get (in ₹)?
- 22.The bill for 2 notebooks and a school bag is ₹565. A notebook costs ₹45. What does the school bag cost (in ₹)?
- 23.How many coins of ₹2 does Lakshmi need to make ₹8?
- 24.Gurpreet has ₹3. A toffee costs ₹1. Does Gurpreet have enough money to buy it? (a) Yes (b) No
- 25.Vivaan buys a juice box for ₹30 and an eraser for ₹5, and pays ₹50. How much change does Vivaan get (in ₹)?
- 26.Rahul has ₹560 for return gifts. Each gift costs ₹25. What is the greatest number of gifts Rahul can buy?
- 27.Priya keeps ₹1000 in a bank. After 3 years the simple interest is ₹60. What is the rate of interest per year (in %)?
- 28.A 5 kg bag of dal costs ₹680. A 10 kg bag costs ₹1260. Which bag is cheaper per kg? (a) 5 kg bag (b) 10 kg bag
- 29.Ananya takes out ₹750 from an ATM. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 30.A toy car costs ₹40. Zoya has ₹10 and ₹10. How many more rupees does Zoya need?
- 31.One water bottle costs ₹180. How much do 7 water bottles cost (in ₹)?
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32.Isha’s passbook:
Opening balance: ₹2600
Debit: ₹100
Credit: ₹500
Debit: ₹150
Credit: ₹500
What is the closing balance (in ₹)? - 33.A cricket bat costs ₹240. The shop gives 25% off. What is the sale price (in ₹)?
- 34.₹900 earns 9% simple interest per year. In how many years will the interest be ₹324?
- 35.6 geometry boxes cost ₹570. What does one geometry box cost (in ₹)?
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36.Price list: biscuit packet ₹11, ice candy ₹9, samosa ₹19, balloon ₹5.
How much do a balloon and a biscuit packet cost together (in ₹)? - 37.Count up to find the change from ₹20: ₹6 + ₹? = ₹20
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38.Tara’s passbook:
Opening balance: ₹2600
Credit (money in): ₹750
Debit (money out): ₹?
Closing balance: ₹1000
How many rupees was the debit? - 39.A sticker sheet costs ₹7. Joseph pays ₹20. How much change does Joseph get (in ₹)?
- 40.Diya gets ₹70 a week, spends ₹30 each week and saves the rest. How many rupees has Diya saved after 8 weeks?
Answer key
- 1400
- 460
- Debit
- 590
- 5
- 66
- Profit
- 185
- Shop A
- 3
- Profit
- No profit, no loss
- 6
- 2050
- 61
- 14
- 3.5
- 18
- 9
- 3
- 445
- 475
- 4
- Yes
- 15
- 22
- 2
- 10 kg bag
- Debit
- 20
- 1260
- 3350
- 180
- 4
- 95
- 16
- 14
- 2350
- 13
- 320
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids