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.Price list: samosa ₹20, biscuit packet ₹19, sharpener ₹7, glue stick ₹18.
Which item costs the least? (a) biscuit packet (b) sharpener (c) glue stick (d) samosa - 2.Gurpreet buys 2 storybooks at ₹180 each and pays with a ₹500 note. How much change does Gurpreet get (in ₹)?
- 3.After 25% off, a board game costs ₹465. What was the price before the sale (in ₹)?
- 4.Of a ₹37000 monthly budget, 50% goes on food and 20% on school fees. The rest is saved. How many rupees are saved?
- 5.A family plans ₹28000 for the month. 20% of it is for electricity. How many rupees is that?
- 6.Which coins and notes make exactly ₹152? (a) 100 + 50 + 2 (b) 50 + 2 + 1 (c) 100 + 10 + 2
- 7.Ananya has 3 notes of ₹100 and 3 notes of ₹50. How many rupees does Ananya have?
- 8.Pooja has a budget of ₹1000 for a birthday party. The juice cost ₹140, the snacks cost ₹80 and the return gifts cost ₹100. How many rupees are left?
- 9.Farhan’s mother has ₹1700 in her bank account. She pays ₹130 for milk and ₹400 for a gas cylinder by UPI. How many rupees are left in the account?
- 10.Karan buys a colour pencil set for ₹60 and a mango for ₹20, and pays with a ₹500 note. How much change does Karan get (in ₹)?
- 11.Farhan has ₹20. A kite costs ₹20. Does Farhan have enough money to buy it? (a) No (b) Yes
- 12.Manav wants to save ₹4100 for a bicycle in 41 weeks, the same amount each week. How many rupees must Manav save each week?
- 13.2 notebooks cost ₹70. What does one notebook cost (in ₹)?
- 14.Meera makes 2 clay diyas an hour and sells each one for ₹30. How many rupees can Meera earn from 4 hours of work?
- 15.How many water bottles can you buy with ₹660 if one costs ₹165?
- 16.A day trip costs ₹1650 in all. 5 friends share the cost equally. How much does each friend pay (in ₹)?
- 17.₹670 − ₹100 =
- 18.Rohan’s class stall spends ₹240 to make 22 plates of bhel and sells all of them at ₹20 each. What is the profit (in ₹)?
- 19.Dev has 9 notes of ₹100. Rohan has 4 coins of ₹1. Who has less money? (a) Rohan (b) Dev
- 20.Which is worth the least: a ₹50 note, a ₹20 note or a ₹500 note? (a) 20-rupee note (b) 500-rupee note (c) 50-rupee note
- 21.Shop A sells 5 pens for ₹85. Shop B sells 2 pens for ₹42. Which shop is cheaper for one pen? (a) Shop A (b) Shop B
- 22.Ananya buys a mango (₹25), a water bottle (₹250), a colour pencil set (₹110) and a plate of idli (₹40). What is the total (in ₹)?
- 23.A 2 kg bag of dal costs ₹186. A 1 kg bag costs ₹127. Which bag is cheaper per kg? (a) 2 kg bag (b) 1 kg bag
- 24.Isha spends ₹360 on things to make 28 cupcakes and sells them all at ₹15 each. How many rupees does Isha earn after paying the costs?
- 25.Aarav has 7 notes of ₹100. How many rupees does Aarav have?
- 26.Karan buys a cricket ball (₹140), a notebook (₹35), a storybook (₹200) and a football (₹400). What is the total (in ₹)?
- 27.An eraser costs ₹3 and a toffee costs ₹1. How many rupees more does the eraser cost?
- 28.Of a ₹9000 monthly budget, 40% goes on clothes and 5% on food. The rest is saved. What percent is saved?
- 29.Meera has 1 note of ₹50, 4 notes of ₹10 and 5 coins of ₹5. How many rupees does Meera have?
- 30.Lakshmi keeps ₹1100 in a bank. After 4 years the simple interest is ₹88. What is the rate of interest per year (in %)?
- 31.Meera gets ₹30 pocket money every week. How many rupees is that in 5 weeks?
- 32.How many coins of ₹2 does Ishaan need to make ₹6?
- 33.Which coins and notes make exactly ₹8? (a) 100 + 5 + 1 (b) 50 + 2 + 1 (c) 5 + 2 + 1
- 34.A stall pays ₹9 for each cup of lemonade and sells each one for ₹17. It sells 14 cups of lemonade. What is the total profit (in ₹)?
- 35.Gurpreet had ₹31. Gurpreet spent ₹10 on a sticker sheet. How many rupees are left?
- 36.Manav keeps ₹900 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
- 37.A biscuit packet costs ₹14 and a glue stick costs ₹24. How many rupees more does the glue stick cost?
- 38.Rahul sees that ₹25000 was sent to a wrong number by mistake. What should Rahul do first? (a) Tell a parent at once (b) Keep it a secret (c) Pay again to fix it
- 39.Dev has 2 notes of ₹50, 3 notes of ₹20 and 2 coins of ₹2. How many rupees does Dev have?
- 40.Sneha’s class stall spends ₹600 to make 18 paper bookmarks and sells all of them at ₹30 each. What is the loss (in ₹)?
Answer key
- sharpener
- 140
- 620
- 11100
- 5600
- 100 + 50 + 2
- 450
- 680
- 1170
- 420
- Yes
- 100
- 35
- 240
- 4
- 330
- 570
- 200
- Rohan
- 20-rupee note
- Shop A
- 425
- 2 kg bag
- 60
- 700
- 775
- 2
- 55
- 115
- 2
- 150
- 3
- 5 + 2 + 1
- 112
- 21
- 954
- 10
- Tell a parent at once
- 164
- 60
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids