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.Manav’s class stall spends ₹110 to make 30 clay diyas and sells all of them at ₹5 each. What is the profit (in ₹)?
- 2.A 1 kg bag of sugar costs ₹48. A 5 kg bag costs ₹245. How many rupees per kg do you save with the cheaper bag?
- 3.Aditya spends ₹370 on things to make 31 cups of lemonade and sells them all at ₹20 each. How many rupees does Aditya earn after paying the costs?
- 4.A dozen (12) bananas cost ₹48. What does one cost (in ₹)?
- 5.Gurpreet is making a shopping list. Which of these is a need? (a) milk (b) a new party dress (c) a third cricket bat (d) extra comic books
- 6.Nisha has ₹1000 for a picnic. Food costs ₹140 and tickets cost ₹780. Is ₹1000 enough? (a) No (b) Yes
- 7.A water bottle costs ₹720. Offer 1: 25% off. Offer 2: ₹160 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
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8.Price list: banana ₹8, toffee ₹3, sticker sheet ₹11, glue stick ₹16.
Which item costs the most? (a) sticker sheet (b) glue stick (c) toffee (d) banana - 9.Rohan’s class stall spends ₹540 to make 26 cupcakes and sells all of them at ₹25 each. What is the profit (in ₹)?
- 10.Tara buys a plate of idli (₹40), a cricket ball (₹145), a lunch box (₹300) and a badminton racket (₹320). What is the total (in ₹)?
- 11.Aditya got ₹180 in 6 weeks, the same amount every week. How many rupees is that each week?
- 12.Which is the biggest amount: ₹32, ₹36 or ₹94? (a) 36 rupees (b) 94 rupees (c) 32 rupees
- 13.A dozen (12) bangles cost ₹84. What does one cost (in ₹)?
- 14.Aditya keeps ₹1400 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
- 15.₹74 − ₹51 =
- 16.₹1000 earns 2% simple interest per year. In how many years will the interest be ₹60?
- 17.₹100 + ₹1 + ₹? = ₹151
- 18.Of a ₹45000 monthly budget, 5% goes on travel and 25% on electricity. The rest is saved. What percent is saved?
- 19.How many paise are there in ₹16?
- 20.A football costs ₹310 online. Delivery is ₹30 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 21.How many coins of ₹5 does Aditya need to make ₹50?
- 22.₹91 − ₹52 =
- 23.Rohan keeps ₹200 in a bank. After 2 years the simple interest is ₹40. What is the rate of interest per year (in %)?
- 24.A 10 kg bag of wheat flour costs ₹400. A 1 kg bag costs ₹36. Which bag is cheaper per kg? (a) 1 kg bag (b) 10 kg bag
- 25.What is the smallest number of coins and notes that make ₹50?
- 26.Which is worth the most: a ₹2 coin, a ₹50 note or a ₹100 note? (a) 2-rupee coin (b) 50-rupee note (c) 100-rupee note
- 27.Sneha has 4 coins of ₹5. Rahul has 4 coins of ₹2. How many more rupees does Sneha have?
- 28.After 20% off, a jacket costs ₹448. What was the price before the sale (in ₹)?
- 29.A family plans ₹9000 for the month. 5% of it is for clothes. How many rupees is that?
- 30.Count up to find the change from ₹10: ₹5 + ₹? = ₹10
- 31.₹5 + ₹20 + ₹? = ₹27
- 32.Joseph spends ₹300 to start a stall and sells each cupcake for ₹5. What is the smallest number Joseph must sell to get back the ₹300?
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33.Isha’s shop bill:
3 notebooks at ₹30 each
2 pens at ₹24 each
3 water bottles at ₹155 each
What is the total bill (in ₹)? - 34.A raincoat costs ₹560. Offer 1: 50% off. Offer 2: ₹40 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 35.Riya has 3 notes of ₹200. How many rupees does Riya have?
- 36.Vivaan has a budget of ₹500 for a birthday party. The return gifts cost ₹120, the balloons cost ₹90 and the snacks cost ₹90. How many rupees are left?
- 37.A banana costs ₹6. Gurpreet pays ₹10. How much change does Gurpreet get (in ₹)?
- 38.Ishaan has 5 notes of ₹50 and 4 notes of ₹20. How many rupees does Ishaan have?
- 39.Shop A sells a water bottle for ₹140 with free delivery. Shop B sells it for ₹190 plus ₹30 delivery. How many rupees do you save by buying from the cheaper shop?
- 40.Kavya buys 2 ice candies at ₹8 each and pays ₹20. How much change does Kavya get (in ₹)?
Answer key
- 40
- 1
- 250
- 4
- milk
- Yes
- Offer 1
- glue stick
- 110
- 805
- 30
- 94 rupees
- 7
- 1680
- 23
- 3
- 50
- 70
- 1600
- 320
- 10
- 39
- 10
- 1 kg bag
- 1
- 100-rupee note
- 12
- 560
- 450
- 5
- 2
- 60
- 603
- Offer 1
- 600
- 200
- 4
- 330
- 80
- 4
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids