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.Riya’s class stall spends ₹310 to make 19 paper bookmarks and sells all of them at ₹30 each. What is the profit (in ₹)?
- 2.Rahul’s class stall spends ₹755 to make 27 paper bookmarks and sells all of them at ₹25 each. What is the loss (in ₹)?
- 3.₹55 − ₹52 =
- 4.A cricket bat costs ₹540. Offer 1: 10% off. Offer 2: ₹10 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 5.Pooja wants a board game that costs ₹600. Pooja saves ₹40 every week. How many weeks will it take?
- 6.Joseph has 3 notes of ₹100 and 4 notes of ₹50. How many rupees does Joseph have?
- 7.Aditya buys a pair of socks (₹50), a plate of idli (₹35), a notebook (₹35) and a football (₹360). What is the total (in ₹)?
- 8.A board game costs ₹660. Offer 1: 20% off. Offer 2: ₹70 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 9.Kabir got ₹60 in 6 weeks, the same amount every week. How many rupees is that each week?
- 10.Diya sells 11 cups of lemonade at ₹10 each. How many rupees does Diya get?
- 11.Zoya has 4 notes of ₹100, 1 note of ₹20 and 3 coins of ₹1. How many rupees does Zoya have?
- 12.A 5 kg bag of wheat flour costs ₹165. A 2 kg bag costs ₹80. How many rupees per kg do you save with the cheaper bag?
- 13.Zoya has 3 notes of ₹50. Arjun has 8 notes of ₹10. How many more rupees does Zoya have?
- 14.Pooja has ₹300. In a piggy bank it stays ₹300. In a bank at 7% simple interest per year, how many rupees more will Pooja have after 1 year?
- 15.Shop A sells a football for ₹280 with free delivery. Shop B sells it for ₹335 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
- 16.₹38 + ₹19 + ₹29 =
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17.Manav’s passbook:
Opening balance: ₹4200
Debit: ₹250
Debit: ₹500
Credit: ₹500
Credit: ₹200
What is the total of all the credits (in ₹)? - 18.Of a ₹44000 monthly budget, 50% goes on food and 20% on clothes. The rest is saved. What percent is saved?
- 19.There are 21 children in a class. Each child needs one notebook at ₹30. What is the total cost (in ₹)?
- 20.Which coins and notes make exactly ₹72? (a) 50 + 2 + 1 (b) 50 + 20 + 2 (c) 20 + 2 + 2
- 21.Aarav has 4 notes of ₹50, 3 notes of ₹10 and 2 coins of ₹2. How many rupees does Aarav have?
- 22.Aditya wants to save ₹750 for a cricket bat in 25 weeks, the same amount each week. How many rupees must Aditya save each week?
- 23.Saanvi wants a cricket bat that costs ₹680. Saanvi saves ₹40 every week. How many weeks will it take?
- 24.Ananya spends ₹250 to start a stall and sells each cupcake for ₹30. What is the smallest number Ananya must sell to get back the ₹250?
- 25.Kabir has ₹800. First Kabir pays for needs: notebooks (₹250) and a lunch box (₹160). How many rupees are left for wants?
- 26.Kabir’s mother scans a shop’s QR code to pay ₹2000. What should she check before she pays? (a) The colour of the code (b) The name of the shop (c) Nothing, just pay
- 27.Gurpreet sees that ₹500 was sent to a wrong number by mistake. What should Gurpreet do first? (a) Tell a parent at once (b) Pay again to fix it (c) Keep it a secret
- 28.A stranger asks Rohan to scan a QR code to “get” ₹500. What is true? (a) It gives you money (b) QR codes are always safe (c) Scanning a QR pays money
- 29.Pooja got ₹450 in 5 weeks, the same amount every week. How many rupees is that each week?
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30.Pooja’s passbook:
Opening balance: ₹3700
Credit (money in): ₹500
Debit (money out): ₹?
Closing balance: ₹3650
How many rupees was the debit? - 31.₹740 − ₹280 =
- 32.5 friends run a stall selling cupcakes and make a profit of ₹2200. They share it equally. How many rupees does each friend get?
- 33.Isha buys a geometry box (₹80), a mango (₹35), a colour pencil set (₹75) and a water bottle (₹175). What is the total (in ₹)?
- 34.Lakshmi is making a shopping list. Which of these is a want? (a) drinking water (b) a sticker album (c) school shoes (d) a warm blanket
- 35.How many notes of ₹100 make ₹200?
- 36.There are 13 children in a class. Each child needs one notebook at ₹50. What is the total cost (in ₹)?
- 37.Aarav has 7 coins of ₹5. Dev has 7 coins of ₹1. Who has more money? (a) Dev (b) Aarav
- 38.Diya is making a shopping list. Which of these is a need? (a) a fancy phone cover (b) a remote-control car (c) a glitter pen set (d) rice and dal
- 39.5 friends run a stall selling plates of bhel and make a profit of ₹950. They share it equally. How many rupees does each friend get?
- 40.Farhan has one ₹500 piece of money. Is it a coin or a note? (a) Note (b) Coin
Answer key
- 260
- 80
- 3
- Offer 1
- 15
- 500
- 480
- Offer 1
- 10
- 110
- 423
- 7
- 70
- 21
- 95
- 86
- 700
- 30
- 630
- 50 + 20 + 2
- 234
- 30
- 17
- 9
- 390
- The name of the shop
- Tell a parent at once
- Scanning a QR pays money
- 90
- 550
- 460
- 440
- 365
- a sticker album
- 2
- 650
- Aarav
- rice and dal
- 190
- Note
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids