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.Nisha is making a shopping list. Which of these is a want? (a) milk (b) bus fare to school (c) soap (d) sweets every day
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2.Price list: juice box ₹20, sharpener ₹5, toffee ₹2, pencil ₹4.
How many rupees more does a juice box cost than a sharpener? - 3.₹78 − ₹64 =
- 4.A family plans ₹5000 for the month. 5% of it is for clothes. How many rupees is that?
- 5.A water bottle costs ₹200 online. Delivery is ₹20 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 6.Of a ₹46000 monthly budget, 40% goes on electricity and 25% on food. The rest is saved. How many rupees are saved?
- 7.₹460 − ₹30 =
- 8.How many notebooks can you buy with ₹105 if one costs ₹35?
- 9.A school bag costs ₹745 online. Delivery is ₹20 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 10.Ananya’s class stall spends ₹170 to make 20 friendship bands and sells all of them at ₹10 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
- 11.₹45 + ₹48 =
- 12.A toy car costs ₹51. Priya has ₹20 and ₹10. How many more rupees does Priya need?
- 13.A 1 kg bag of dal costs ₹102. A 5 kg bag costs ₹645. Which bag is cheaper per kg? (a) 1 kg bag (b) 5 kg bag
- 14.Riya got ₹630 in 9 weeks, the same amount every week. How many rupees is that each week?
- 15.Which is the smallest amount: ₹55, ₹77 or ₹53? (a) 53 rupees (b) 77 rupees (c) 55 rupees
- 16.A storybook costs ₹70. Ananya has ₹20 and ₹2. How many more rupees does Ananya need?
- 17.Count up to find the change from ₹200: ₹12 + ₹? = ₹200
- 18.What do 5 colour pencil sets at ₹70 each and 4 cricket balls at ₹145 each cost in all (in ₹)?
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19.Joseph’s passbook:
Opening balance: ₹2300
Credit: ₹500
Debit: ₹50
Credit: ₹300
Debit: ₹100
What is the closing balance (in ₹)? - 20.Kavya’s class stall spends ₹250 to make 11 clay diyas and sells all of them at ₹20 each. What is the loss (in ₹)?
- 21.Which is worth more: a ₹2 coin or a ₹20 coin? (a) 20-rupee coin (b) 2-rupee coin
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22.Meera’s shop bill:
2 colour pencil sets at ₹70 each
4 cricket balls at ₹140 each
1 badminton racket at ₹475
What is the total bill (in ₹)? - 23.A stranger asks Kavya to scan a QR code to “get” ₹2000. What is true? (a) It gives you money (b) Scanning a QR pays money (c) QR codes are always safe
- 24.Diya’s class stall spends ₹90 to make 34 greeting cards and sells all of them at ₹5 each. What is the profit (in ₹)?
- 25.Of a ₹15000 monthly budget, 20% goes on food and 30% on rent. The rest is saved. How many rupees are saved?
- 26.3 storybooks cost ₹390. How much do 6 storybooks cost (in ₹)?
- 27.Rohan wants to save ₹3800 for a bicycle in 19 weeks, the same amount each week. How many rupees must Rohan save each week?
- 28.Riya has 2 notes of ₹50. Rahul has 2 notes of ₹20. Who has less money? (a) Rahul (b) Riya
- 29.Gurpreet has ₹700. First Gurpreet pays for needs: notebooks (₹110) and a school uniform (₹180). How many rupees are left for wants?
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30.Ishaan’s passbook:
Opening balance: ₹1700
Credit (money in): ₹750
Debit (money out): ₹400
What is the balance now (in ₹)? - 31.Priya’s class stall spends ₹300 to make 32 cupcakes and sells all of them at ₹10 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 32.Which is the same money as one ₹10 note? (a) three 5-rupee coins (b) two 5-rupee coins (c) six 5-rupee coins
- 33.Kabir has 1 note of ₹100, 3 notes of ₹10 and 1 coin of ₹5. How many rupees does Kabir have?
- 34.Diya wants to save ₹300 for a football in 3 weeks, the same amount each week. How many rupees must Diya save each week?
- 35.₹60 − ₹46 =
- 36.Rahul’s class stall spends ₹410 to make 15 cups of lemonade and sells all of them at ₹30 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
- 37.One tiny sticker costs ₹2.50. How many rupees do 4 tiny stickers cost? =
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38.Manav’s passbook:
Opening balance: ₹3600
Credit (money in): ₹600
Debit (money out): ₹350
What is the balance now (in ₹)? - 39.Shop A sells a water bottle for ₹245 with free delivery. Shop B sells it for ₹245 plus ₹60 delivery. How many rupees do you save by buying from the cheaper shop?
- 40.There are 31 children in a class. Each child needs one mango at ₹25. What is the total cost (in ₹)?
Answer key
- sweets every day
- 15
- 14
- 250
- 200
- 16100
- 430
- 3
- 755
- Profit
- 93
- 21
- 1 kg bag
- 70
- 53 rupees
- 48
- 188
- 930
- 2950
- 30
- 20-rupee coin
- 1175
- Scanning a QR pays money
- 80
- 7500
- 780
- 200
- Rahul
- 410
- 2050
- Profit
- two 5-rupee coins
- 135
- 100
- 14
- Profit
- 10
- 3850
- 60
- 775
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids