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.Nisha’s passbook:
Opening balance: ₹1900
Credit (money in): ₹150
Debit (money out): ₹?
Closing balance: ₹550
How many rupees was the debit? - 2.Aarav spends ₹360 on things to make 46 friendship bands and sells them all at ₹10 each. How many rupees does Aarav earn after paying the costs?
- 3.23 children go on a school trip to the zoo. The bus costs ₹60 for each child and the ticket costs ₹50 for each child. What is the total cost (in ₹)?
- 4.1850 paise is how many rupees? =
- 5.Saanvi’s class stall spends ₹120 to make 12 cups of lemonade and sells all of them at ₹10 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 6.Nisha has ₹850. First Nisha pays for needs: notebooks (₹170) and a school uniform (₹130). How many rupees are left for wants?
- 7.Pooja wants to save ₹520 for a storybook set in 13 weeks, the same amount each week. How many rupees must Pooja save each week?
- 8.Karan got ₹680 in 8 weeks, the same amount every week. How many rupees is that each week?
- 9.Arjun has 6 coins of ₹5 and 5 coins of ₹10. How many rupees does Arjun have?
- 10.Of a ₹15000 monthly budget, 40% goes on food and 20% on electricity. The rest is saved. How many rupees are saved?
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11.Price list: sticker sheet ₹11, balloon ₹6, ice candy ₹9, biscuit packet ₹16.
Which item costs the least? (a) ice candy (b) sticker sheet (c) balloon (d) biscuit packet - 12.The bill for 3 samosas and a storybook is ₹195. A samosa costs ₹15. What does the storybook cost (in ₹)?
- 13.Priya had ₹56. Priya spent ₹6 on a balloon. How many rupees are left?
- 14.Shop A sells a T-shirt for ₹270 with free delivery. Shop B sells it for ₹375 plus ₹80 delivery. How many rupees do you save by buying from the cheaper shop?
- 15.650 paise is how many rupees? =
- 16.Saanvi has 3 notes of ₹50, 1 note of ₹10 and 2 coins of ₹2. How many rupees does Saanvi have?
- 17.Kabir has 7 notes of ₹50. How many rupees does Kabir have?
- 18.Farhan has ₹39 in a piggy bank. Nani gives Farhan ₹38 more. How many rupees does Farhan have now?
- 19.Karan has ₹900. In a piggy bank it stays ₹900. In a bank at 2% simple interest per year, how many rupees more will Karan have after 2 years?
- 20.Nisha pays a bill of ₹350 by UPI. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 21.Which is worth the most: a ₹500 note, a ₹200 note or a ₹2 coin? (a) 200-rupee note (b) 500-rupee note (c) 2-rupee coin
- 22.8 pairs of socks cost ₹520. What does one pair of socks cost (in ₹)?
- 23.Isha gets ₹10 every day. How many rupees is that in one week (7 days)?
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24.Nisha’s passbook:
Opening balance: ₹4000
Credit (money in): ₹950
Debit (money out): ₹1900
What is the balance now (in ₹)? - 25.Riya buys 2 lunch boxes at ₹200 each and pays with a ₹500 note. How much change does Riya get (in ₹)?
- 26.Shop A sells 3 samosas for ₹57. Shop B sells 6 samosas for ₹78. What does one samosa cost at the cheaper shop (in ₹)?
- 27.Zoya buys 6 pens at ₹12 each and pays with a ₹200 note. How much change does Zoya get (in ₹)?
- 28.Lakshmi buys a plate of idli (₹50), a cricket ball (₹150), a notebook (₹60) and a water bottle (₹225). What is the total (in ₹)?
- 29.₹51 + ₹25 =
- 30.Joseph buys 5 pencils at ₹3 each and pays ₹20. How much change does Joseph get (in ₹)?
- 31.Tara buys a banana for ₹7 and a pencil for ₹4, and pays ₹50. How much change does Tara get (in ₹)?
- 32.₹25.50 − ₹3 =
- 33.A day trip costs ₹1020 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
- 34.After 25% off, a study lamp costs ₹315. What was the price before the sale (in ₹)?
- 35.Rohan buys a football (₹285), a notebook (₹45), a plate of idli (₹35) and a pair of socks (₹60). What is the total (in ₹)?
- 36.Vivaan spends ₹120 on things to make 45 friendship bands and sells them all at ₹5 each. How many rupees does Vivaan earn after paying the costs?
- 37.Gurpreet wants to save ₹660 for a cricket bat in 33 weeks, the same amount each week. How many rupees must Gurpreet save each week?
- 38.Shop A sells a badminton racket for ₹350 with free delivery. Shop B sells it for ₹495 plus ₹50 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
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39.Karan’s passbook:
Opening balance: ₹2600
Credit (money in): ₹100
Debit (money out): ₹?
Closing balance: ₹2250
How many rupees was the debit? - 40.Diya gets ₹60 pocket money every week. How many rupees is that in 4 weeks?
Answer key
- 1500
- 100
- 2530
- 18.5
- No profit, no loss
- 550
- 40
- 85
- 80
- 6000
- balloon
- 150
- 50
- 185
- 6.5
- 164
- 350
- 77
- 36
- Debit
- 500-rupee note
- 65
- 70
- 3050
- 100
- 13
- 128
- 485
- 76
- 5
- 39
- 22.5
- 510
- 420
- 425
- 105
- 20
- Shop A
- 450
- 240
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids