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.Ishaan’s class stall spends ₹280 to make 14 cupcakes and sells all of them at ₹30 each. What is the profit (in ₹)?
- 2.Tara has 4 notes of ₹200. How many rupees does Tara have?
- 3.Rahul gets ₹100 a week, spends ₹75 each week and saves the rest. How many rupees has Rahul saved after 2 weeks?
- 4.How many notes of ₹20 make ₹100?
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5.Dev’s passbook:
Opening balance: ₹4200
Credit: ₹400
Credit: ₹350
Credit: ₹200
Debit: ₹100
What is the closing balance (in ₹)? - 6.Joseph has 3 notes of ₹50. Saanvi has 8 coins of ₹5. Who has more money? (a) Saanvi (b) Joseph
- 7.A dozen (12) guavas cost ₹72. What does one cost (in ₹)?
- 8.₹? + ₹20 + ₹10 = ₹80
- 9.The bill for 4 footballs and a geometry box is ₹1260. A football costs ₹295. What does the geometry box cost (in ₹)?
- 10.Rohan sells 37 cups of lemonade at ₹10 each. How many rupees does Rohan get?
- 11.A family plans ₹38000 for the month. 40% of it is for school fees. How many rupees is that?
- 12.Count up to find the change from ₹100: ₹49 + ₹? = ₹100
- 13.Riya spends ₹50 of ₹1000 pocket money on books. What percent is that?
- 14.Kabir’s class stall spends ₹825 to make 33 cupcakes and sells all of them at ₹25 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 15.Saanvi has ₹900. First Saanvi pays for needs: a geometry box (₹110) and socks (₹50). How many rupees are left for wants?
- 16.A colouring book costs ₹66. Saanvi has ₹20 and ₹10. How many more rupees does Saanvi need?
- 17.Arjun gets ₹27 every day. How many rupees is that in one week (7 days)?
- 18.Pooja has ₹300 for a picnic. Food costs ₹60 and tickets cost ₹290. Is ₹300 enough? (a) No (b) Yes
- 19.Kavya has one ₹1 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 20.Ananya buys a pair of socks for ₹65 and pays with a ₹100 note. How much change does Ananya get (in ₹)?
- 21.How many ₹5 coins make a ₹20 note?
- 22.29 children go on a school trip to the science park. The bus costs ₹50 for each child and the ticket costs ₹25 for each child. What is the total cost (in ₹)?
- 23.The bill for a football and a storybook is ₹420. A football costs ₹305. What does the storybook cost (in ₹)?
- 24.Priya withdraws ₹2000 at the bank counter. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 25.Manav wants a board game that costs ₹540. Manav saves ₹60 every week. How many weeks will it take?
- 26.Gurpreet has 2 notes of ₹50, 1 note of ₹10 and 3 coins of ₹1. How many rupees does Gurpreet have?
- 27.₹410 − ₹70 =
- 28.Meera wants a gift for Mum that costs ₹270. Meera saves ₹90 every week. How many weeks will it take?
- 29.Ananya has 8 notes of ₹10. How many rupees does Ananya have?
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30.Pooja’s passbook:
Opening balance: ₹3900
Credit (money in): ₹900
Debit (money out): ₹?
Closing balance: ₹3650
How many rupees was the debit? -
31.Gurpreet’s shop bill:
2 geometry boxes at ₹145 each
3 mangoes at ₹25 each
3 cricket balls at ₹110 each
What is the total bill (in ₹)? - 32.Tara sees that ₹5000 was sent to a wrong number by mistake. What should Tara do first? (a) Keep it a secret (b) Tell a parent at once (c) Pay again to fix it
- 33.₹68 + ₹22 =
- 34.Karan has 9 coins of ₹10. How many rupees does Karan have?
- 35.Priya has ₹56 in a piggy bank. Dadi gives Priya ₹5 more. How many rupees does Priya have now?
- 36.Ananya makes 4 greeting cards an hour and sells each one for ₹30. How many rupees can Ananya earn from 2 hours of work?
- 37.Arjun saves ₹100 every week for 8 weeks, then buys a cricket bat for ₹250. How many rupees are left?
- 38.Nisha buys 3 balloons at ₹7 each and pays ₹50. How much change does Nisha get (in ₹)?
- 39.Aditya has 2 notes of ₹200, 1 note of ₹10 and 5 coins of ₹2. How many rupees does Aditya have?
- 40.Kavya’s mother scans a shop’s QR code to pay ₹1000. What should she check before she pays? (a) The colour of the code (b) The name of the shop (c) Nothing, just pay
Answer key
- 140
- 800
- 50
- 5
- 5050
- Joseph
- 6
- 50
- 80
- 370
- 15200
- 51
- 5
- No profit, no loss
- 740
- 36
- 189
- No
- Coin
- 35
- 4
- 2175
- 115
- Debit
- 9
- 113
- 340
- 3
- 80
- 1150
- 695
- Tell a parent at once
- 90
- 90
- 61
- 240
- 550
- 29
- 420
- The name of the shop
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids