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.Diya’s class stall spends ₹270 to make 25 paper bookmarks and sells all of them at ₹10 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 2.One rubber band costs ₹3.50. How many rupees do 5 rubber bands cost? =
- 3.For Diya, is “notebooks for school” a need or a want? (a) Need (b) Want
- 4.Kavya wants a cricket bat that costs ₹480, has ₹150 already and saves ₹80 every week. In how many weeks will Kavya have enough?
- 5.Vivaan has 3 notes of ₹200 and 1 note of ₹20. How many rupees does Vivaan have?
- 6.What is the smallest number of coins and notes that make ₹163?
- 7.Karan buys a mango for ₹25 and pays with a ₹100 note. How much change does Karan get (in ₹)?
- 8.Shop A sells 4 colour pencil sets for ₹300. Shop B sells 3 colour pencil sets for ₹240. Which shop is cheaper for one colour pencil set? (a) Shop A (b) Shop B
- 9.How many ₹5 coins make a ₹50 note?
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10.Vivaan’s passbook:
Opening balance: ₹3700
Credit: ₹350
Debit: ₹300
Credit: ₹350
Credit: ₹50
What is the closing balance (in ₹)? - 11.A dozen (12) pencils cost ₹72. What does one cost (in ₹)?
- 12.₹180 + ₹180 =
- 13.A juice box costs ₹30 and a banana costs ₹7. How many rupees more does the juice box cost?
- 14.Isha spends ₹75 of ₹300 pocket money on books. What percent is that?
- 15.A cricket ball costs ₹100 online. Delivery is ₹40 and a coupon takes ₹40 off. What is the final price (in ₹)?
- 16.How many coins of ₹20 does Riya need to make ₹200?
- 17.A 5 kg bag of potatoes costs ₹185. A 10 kg bag costs ₹310. Which bag is cheaper per kg? (a) 10 kg bag (b) 5 kg bag
- 18.₹2 + ₹10 + ₹? = ₹62
- 19.Rahul has ₹20. A juice box costs ₹25. Does Rahul have enough money to buy it? (a) Yes (b) No
- 20.Rohan buys a banana for ₹7 and an ice candy for ₹11, and pays ₹50. How much change does Rohan get (in ₹)?
- 21.A dozen (12) oranges cost ₹96. What does one cost (in ₹)?
- 22.Riya has 9 notes of ₹50. Lakshmi has 6 notes of ₹10. Who has less money? (a) Riya (b) Lakshmi
- 23.Count up to find the change from ₹100: ₹50 + ₹? = ₹100
- 24.A 5 kg bag of wheat flour costs ₹160. A 10 kg bag costs ₹430. How many rupees per kg do you save with the cheaper bag?
- 25.Joseph sells 48 greeting cards at ₹15 each. How many rupees does Joseph get?
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26.Price list: toffee ₹2, ice candy ₹9, notebook ₹45, pencil ₹4.
Which item costs the most? (a) notebook (b) pencil (c) toffee (d) ice candy - 27.Tara has 7 coins of ₹2. How many rupees does Tara have?
- 28.Which coins and notes make exactly ₹72? (a) 50 + 50 + 20 (b) 20 + 20 + 2 (c) 50 + 20 + 2
- 29.Vivaan keeps ₹600 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
- 30.Farhan has ₹650 for return gifts. Each gift costs ₹30. What is the greatest number of gifts Farhan can buy?
- 31.A football costs ₹480. The shop gives 25% off. How many rupees is the discount?
- 32.Sneha has 4 notes of ₹50. Rohan has 3 coins of ₹1. How many more rupees does Sneha have?
- 33.Sneha buys a colour pencil set (₹80), a notebook (₹45), a pair of socks (₹65) and a football (₹335). What is the total (in ₹)?
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34.Price list: kite ₹16, crayon box ₹35, samosa ₹15, juice box ₹20.
How many rupees more does a crayon box cost than a kite? - 35.Of a ₹44000 monthly budget, 5% goes on food and 40% on travel. The rest is saved. How many rupees are saved?
- 36.₹24 + ₹49 =
- 37.Rohan spends ₹110 to start a stall and sells each paper bookmark for ₹25. What is the smallest number Rohan must sell to get back the ₹110?
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38.Price list: ice candy ₹14, toffee ₹1, samosa ₹12, glue stick ₹25.
How many rupees more does a samosa cost than a toffee? - 39.₹590 − ₹80 =
- 40.Kabir has 5 notes of ₹10. How many rupees does Kabir have?
Answer key
- Loss
- 17.5
- Need
- 5
- 620
- 5
- 75
- Shop A
- 10
- 4150
- 6
- 360
- 23
- 25
- 100
- 10
- 10 kg bag
- 50
- No
- 32
- 8
- Lakshmi
- 50
- 11
- 720
- notebook
- 14
- 50 + 20 + 2
- 720
- 21
- 120
- 197
- 525
- 19
- 24200
- 73
- 5
- 11
- 510
- 50
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids