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.Saanvi is making a shopping list. Which of these is a want? (a) school shoes (b) bus fare to school (c) toothpaste (d) a fancy phone cover
- 2.Pooja has 3 notes of ₹100. Ananya has 8 coins of ₹1. How many more rupees does Pooja have?
- 3.Kavya’s piggy bank has 4 coins of ₹10, 4 coins of ₹5 and 4 coins of ₹2. How many rupees are in it?
- 4.Meera sells 50 paper bookmarks at ₹20 each. How many rupees does Meera get?
- 5.Kavya has ₹800 for a picnic. Food costs ₹390 and tickets cost ₹360. Is ₹800 enough? (a) No (b) Yes
- 6.A samosa costs ₹17. Rahul pays ₹50. How much change does Rahul get (in ₹)?
- 7.Ananya gets ₹90 a week, spends ₹5 each week and saves the rest. How many rupees has Ananya saved after 2 weeks?
- 8.Dev makes 3 friendship bands an hour and sells each one for ₹5. How many rupees can Dev earn from 1 hour of work?
- 9.Lakshmi keeps ₹1900 in a bank. After 1 year the simple interest is ₹114. What is the rate of interest per year (in %)?
- 10.Priya has 4 notes of ₹50 and 2 notes of ₹10. How many rupees does Priya have?
- 11.Rahul’s mother has ₹1600 in her bank account. She pays ₹50 for milk and ₹120 for school books by UPI. How many rupees are left in the account?
- 12.4 lunch boxes cost ₹800. How much do 10 lunch boxes cost (in ₹)?
- 13.Riya gets ₹85 pocket money every week. How many rupees is that in 2 weeks?
- 14.Isha had ₹34. Isha spent ₹25 on a juice box. How many rupees are left?
- 15.Which coins and notes make exactly ₹62? (a) 50 + 10 + 2 (b) 50 + 20 + 10 (c) 10 + 2 + 2
- 16.9 plates of idli cost ₹495. What does one plate of idli cost (in ₹)?
- 17.Kavya gets a link: “Click now to win a phone worth ₹500!” What should Kavya do? (a) Ignore it, tell a parent (b) Click it to win (c) Send it to friends
- 18.A water bottle costs ₹480. Offer 1: 25% off. Offer 2: ₹10 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 19.Nisha’s class stall spends ₹740 to make 28 greeting cards and sells all of them at ₹25 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 20.Ishaan spends ₹140 to start a stall and sells each plate of bhel for ₹5. What is the smallest number Ishaan must sell to get back the ₹140?
- 21.2 friends run a stall selling friendship bands and make a profit of ₹500. They share it equally. How many rupees does each friend get?
- 22.Dev spends ₹120 of ₹600 pocket money on books. What percent is that?
- 23.₹370 + ₹390 =
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24.Meera’s passbook:
Opening balance: ₹2700
Credit: ₹150
Debit: ₹250
Debit: ₹100
Credit: ₹200
What is the closing balance (in ₹)? - 25.Dev has 5 coins of ₹1 and 2 coins of ₹10. How many rupees does Dev have?
- 26.Aditya had ₹31. Aditya spent ₹4 on a sharpener. How many rupees are left?
- 27.Vivaan spends ₹270 to start a stall and sells each cup of lemonade for ₹5. What is the smallest number Vivaan must sell to get back the ₹270?
- 28.Isha has ₹5. A sharpener costs ₹8. Does Isha have enough money to buy it? (a) No (b) Yes
- 29.1050 paise is how many rupees? =
- 30.Shop A sells 6 notebooks for ₹300. Shop B sells 5 notebooks for ₹275. Which shop is cheaper for one notebook? (a) Shop B (b) Shop A
- 31.Nisha buys a balloon for ₹9 and a sharpener for ₹4. How many rupees does Nisha spend in all?
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32.Price list: glue stick ₹24, samosa ₹19, biscuit packet ₹15, toffee ₹1.
Which item costs the most? (a) toffee (b) biscuit packet (c) samosa (d) glue stick - 33.Which is worth more: a ₹50 note or a ₹10 note? (a) 10-rupee note (b) 50-rupee note
- 34.A 10 kg bag of wheat flour costs ₹330. A 5 kg bag costs ₹150. How many rupees per kg do you save with the cheaper bag?
- 35.Tara has 5 coins of ₹2. Saanvi has 4 notes of ₹20. How many more rupees does Saanvi have?
- 36.₹290 + ₹170 =
- 37.Rahul got ₹200 in 8 weeks, the same amount every week. How many rupees is that each week?
- 38.After 50% off, a study lamp costs ₹80. What was the price before the sale (in ₹)?
- 39.A stall pays ₹5 for each cup of lemonade and sells each one for ₹7. It sells 36 cups of lemonade. What is the total profit (in ₹)?
- 40.A 10 kg bag of sugar costs ₹450. A 1 kg bag costs ₹40. How many rupees per kg do you save with the cheaper bag?
Answer key
- a fancy phone cover
- 292
- 68
- 1000
- Yes
- 33
- 170
- 15
- 6
- 220
- 1430
- 2000
- 170
- 9
- 50 + 10 + 2
- 55
- Ignore it, tell a parent
- Offer 1
- Loss
- 28
- 250
- 20
- 760
- 2700
- 25
- 27
- 54
- No
- 10.5
- Shop A
- 13
- glue stick
- 50-rupee note
- 3
- 70
- 460
- 25
- 160
- 72
- 5
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids