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.Saanvi’s passbook:
Opening balance: ₹4900
Debit: ₹100
Credit: ₹350
Debit: ₹350
Credit: ₹200
What is the closing balance (in ₹)? - 2.After 25% off, a water bottle costs ₹435. What was the price before the sale (in ₹)?
- 3.A football costs ₹380. Offer 1: 20% off. Offer 2: ₹190 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 4.Saanvi is making a shopping list. Which of these is a want? (a) notebooks for school (b) milk (c) a schoolbag (d) a video game
- 5.A 1 kg bag of sugar costs ₹44. A 5 kg bag costs ₹215. How many rupees per kg do you save with the cheaper bag?
- 6.A 1 kg bag of onions costs ₹29. A 2 kg bag costs ₹78. How many rupees per kg do you save with the cheaper bag?
- 7.A pencil costs ₹8 and a glue stick costs ₹24. How many rupees more does the glue stick cost?
- 8.Kabir is making a shopping list. Which of these is a want? (a) bus fare to school (b) toothpaste (c) rice and dal (d) a third cricket bat
- 9.Shop A sells a football for ₹265 with free delivery. Shop B sells it for ₹425 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
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10.Rahul’s passbook:
Opening balance: ₹5000
Debit: ₹450
Credit: ₹250
Debit: ₹200
Credit: ₹400
What is the closing balance (in ₹)? - 11.Rohan has a budget of ₹500 for a birthday party. The snacks cost ₹50, the decorations cost ₹90 and the juice cost ₹90. How many rupees are left?
- 12.Shop A sells 5 colour pencil sets for ₹300. Shop B sells 6 colour pencil sets for ₹420. What does one colour pencil set cost at the cheaper shop (in ₹)?
- 13.Aarav had ₹34. Aarav spent ₹7 on a sticker sheet. How many rupees are left?
- 14.Aarav gets ₹11 every day. How many rupees is that in one week (7 days)?
- 15.Dev has ₹11. An ice candy costs ₹9. Does Dev have enough money to buy it? (a) Yes (b) No
- 16.Priya has 4 notes of ₹20 and 3 notes of ₹10. How many rupees does Priya have?
- 17.Priya wants a bicycle that costs ₹4500. Priya saves ₹500 every week. How many weeks will it take?
- 18.How many notes of ₹10 make ₹100?
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19.Price list: banana ₹7, notebook ₹25, ruler ₹8, crayon box ₹45.
How many rupees more does a crayon box cost than a ruler? - 20.A 2 kg bag of onions costs ₹102. A 5 kg bag costs ₹140. Which bag is cheaper per kg? (a) 5 kg bag (b) 2 kg bag
- 21.Count up to find the change from ₹20: ₹5 + ₹? = ₹20
- 22.How many notes of ₹100 make ₹400?
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23.Diya’s passbook:
Opening balance: ₹2000
Credit (money in): ₹300
Debit (money out): ₹2000
What is the balance now (in ₹)? - 24.Which is worth more: a ₹1 coin or a ₹2 coin? (a) 1-rupee coin (b) 2-rupee coin
- 25.Ananya makes 2 greeting cards an hour and sells each one for ₹30. How many rupees can Ananya earn from 4 hours of work?
- 26.Isha spends ₹120 of ₹600 pocket money on books. What percent is that?
- 27.Diya has 7 coins of ₹5. Manav has 6 coins of ₹1. Who has more money? (a) Diya (b) Manav
- 28.Karan makes 2 friendship bands an hour and sells each one for ₹15. How many rupees can Karan earn from 1 hour of work?
- 29.How many notebooks can you buy with ₹270 if one costs ₹45?
- 30.Isha has 6 coins of ₹2 and 3 coins of ₹10. How many rupees does Isha have?
- 31.Diya buys 4 geometry boxes at ₹115 each and pays with a ₹500 note. How much change does Diya get (in ₹)?
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32.Price list: crayon box ₹30, biscuit packet ₹17, balloon ₹7, sticker sheet ₹6.
How much do a biscuit packet and a balloon cost together (in ₹)? - 33.Which coins and notes make exactly ₹130? (a) 100 + 20 + 10 (b) 100 + 10 + 1 (c) 100 + 10 + 2
- 34.A board game costs ₹380. Offer 1: 25% off. Offer 2: ₹180 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 35.An eraser costs ₹3 and a notebook costs ₹25. How many rupees more does the notebook cost?
- 36.Shop A sells a cricket ball for ₹120 with free delivery. Shop B sells it for ₹125 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 37.A stall pays ₹12 for each cupcake and sells each one for ₹18. It sells 32 cupcakes. What is the total profit (in ₹)?
- 38.A dozen (12) guavas cost ₹60. What does one cost (in ₹)?
- 39.Sneha has 2 coins of ₹1. Gurpreet has 3 coins of ₹2. Who has less money? (a) Sneha (b) Gurpreet
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40.Gurpreet’s shop bill:
1 T-shirt at ₹380
2 water bottles at ₹150 each
3 mangoes at ₹35 each
What is the total bill (in ₹)?
Answer key
- 5000
- 580
- Offer 2
- a video game
- 1
- 10
- 16
- a third cricket bat
- Shop A
- 5000
- 270
- 60
- 27
- 77
- Yes
- 110
- 9
- 10
- 37
- 5 kg bag
- 15
- 4
- 300
- 2-rupee coin
- 240
- 20
- Diya
- 30
- 6
- 42
- 40
- 24
- 100 + 20 + 10
- Offer 2
- 22
- Shop A
- 192
- 5
- Sneha
- 785
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids