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.Aarav sells 34 plates of bhel at ₹20 each. How many rupees does Aarav get?
- 2.A samosa costs ₹13 and a pencil costs ₹8. How many rupees more does the samosa cost?
- 3.Joseph is making a shopping list. Which of these is a want? (a) milk (b) vegetables (c) soap (d) designer sunglasses
- 4.Rohan keeps ₹500 in a bank at 9% simple interest per year. How much money will there be after 4 years (in ₹)?
- 5.Manav buys 4 mangoes at ₹25 each and pays with a ₹200 note. How much change does Manav get (in ₹)?
- 6.Arjun buys 3 toffees at ₹2 each and pays ₹20. How much change does Arjun get (in ₹)?
- 7.Arjun’s class stall spends ₹280 to make 14 friendship bands and sells all of them at ₹15 each. What is the loss (in ₹)?
- 8.Vivaan deposits ₹1250 of birthday money. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 9.Isha sells 37 cupcakes at ₹5 each. How many rupees does Isha get?
- 10.₹56 − ₹38 =
- 11.How many paise are there in ₹10.50?
- 12.Isha buys 3 pencils at ₹6 each and pays ₹20. How much change does Isha get (in ₹)?
- 13.Tara has 2 coins of ₹2 and 2 coins of ₹5. How many rupees does Tara have?
- 14.3 friends run a stall selling clay diyas and make a profit of ₹1260. They share it equally. How many rupees does each friend get?
- 15.₹57 + ₹27 =
- 16.Priya has ₹400. In a piggy bank it stays ₹400. In a bank at 9% simple interest per year, how many rupees more will Priya have after 3 years?
- 17.Count up to find the change from ₹50: ₹20 + ₹? = ₹50
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18.Dev’s shop bill:
1 football at ₹335
3 cricket balls at ₹120 each
2 mangoes at ₹20 each
What is the total bill (in ₹)? - 19.Of a ₹19000 monthly budget, 5% goes on travel and 40% on electricity. The rest is saved. How many rupees are saved?
- 20.How many coins of ₹2 does Kabir need to make ₹16?
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21.Diya’s passbook:
Opening balance: ₹3800
Credit (money in): ₹500
Debit (money out): ₹1750
What is the balance now (in ₹)? - 22.Kabir has 2 notes of ₹50 and 4 notes of ₹10. How many rupees does Kabir have?
- 23.Shop A sells 4 notebooks for ₹220. Shop B sells 3 notebooks for ₹90. Which shop is cheaper for one notebook? (a) Shop A (b) Shop B
- 24.3 friends run a stall selling plates of bhel and make a profit of ₹1470. They share it equally. How many rupees does each friend get?
- 25.Tara has 9 coins of ₹1. Karan has 7 notes of ₹10. Who has more money? (a) Tara (b) Karan
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26.Riya’s shop bill:
4 pairs of socks at ₹75 each
3 mangoes at ₹40 each
2 plates of idli at ₹60 each
What is the total bill (in ₹)? - 27.Aarav has ₹580 for return gifts. Each gift costs ₹25. What is the greatest number of gifts Aarav can buy?
- 28.Meera spends ₹100 to start a stall and sells each paper bookmark for ₹10. What is the smallest number Meera must sell to get back the ₹100?
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29.Kabir’s shop bill:
1 plate of idli at ₹35
1 school bag at ₹765
2 water bottles at ₹175 each
What is the total bill (in ₹)? - 30.Lakshmi buys 2 notebooks at ₹30 each and pays with a ₹100 note. How much change does Lakshmi get (in ₹)?
- 31.A 2 kg bag of dal costs ₹212. A 5 kg bag costs ₹595. How many rupees per kg do you save with the cheaper bag?
- 32.Which is the smallest amount: ₹16, ₹49 or ₹28? (a) 49 rupees (b) 16 rupees (c) 28 rupees
- 33.Aditya has 6 coins of ₹5. Karan has 6 notes of ₹20. Who has less money? (a) Karan (b) Aditya
- 34.Shop A sells a T-shirt for ₹255 with free delivery. Shop B sells it for ₹395 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 35.5 friends run a stall selling greeting cards and make a profit of ₹1900. They share it equally. How many rupees does each friend get?
- 36.A 1 kg bag of potatoes costs ₹20. A 10 kg bag costs ₹340. How many rupees per kg do you save with the cheaper bag?
- 37.₹100 + ₹140 =
- 38.A yo-yo costs ₹44. Manav has ₹5 and ₹10. How many more rupees does Manav need?
- 39.Aarav’s piggy bank has 2 coins of ₹20, 1 coin of ₹10 and 4 coins of ₹5. How many rupees are in it?
- 40.Meera has 1 note of ₹100, 4 notes of ₹20 and 4 coins of ₹5. How many rupees does Meera have?
Answer key
- 680
- 5
- designer sunglasses
- 680
- 100
- 14
- 70
- Credit
- 185
- 18
- 1050
- 2
- 14
- 420
- 84
- 108
- 30
- 735
- 10450
- 8
- 2550
- 140
- Shop B
- 490
- Karan
- 540
- 23
- 10
- 1150
- 40
- 13
- 16 rupees
- Aditya
- 160
- 380
- 14
- 240
- 29
- 70
- 200
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids