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.Shop A sells a water bottle for ₹120 with free delivery. Shop B sells it for ₹135 plus ₹40 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 2.Farhan’s father is sending ₹50000 to a friend by UPI. What should he check before he pays? (a) The name and amount (b) Only the phone colour (c) Nothing at all
- 3.Shop A sells 4 colour pencil sets for ₹360. Shop B sells 2 colour pencil sets for ₹230. Which shop is cheaper for one colour pencil set? (a) Shop B (b) Shop A
- 4.For Ananya, is “drinking water” a need or a want? (a) Need (b) Want
- 5.Manav’s class stall spends ₹55 to make 15 friendship bands and sells all of them at ₹5 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
- 6.₹90 + ₹70 =
- 7.Rahul saves ₹60 every week for 9 weeks, then buys a gift for Mum for ₹120. How many rupees are left?
- 8.Which is the same money as one ₹10 note? (a) three 2-rupee coins (b) five 2-rupee coins (c) four 2-rupee coins
- 9.Rohan’s class stall spends ₹430 to make 20 cupcakes and sells all of them at ₹25 each. What is the profit (in ₹)?
- 10.Riya has 7 coins of ₹2. Vivaan has 7 notes of ₹50. Who has more money? (a) Riya (b) Vivaan
- 11.Rohan spends ₹690 on things to make 47 clay diyas and sells them all at ₹15 each. How many rupees does Rohan earn after paying the costs?
- 12.Riya’s piggy bank has 3 coins of ₹20, 2 coins of ₹5 and 2 coins of ₹1. How many rupees are in it?
- 13.How many paise are there in ₹4.50?
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14.Manav’s passbook:
Opening balance: ₹3300
Debit: ₹350
Credit: ₹150
Credit: ₹450
Debit: ₹250
What is the closing balance (in ₹)? - 15.Of a ₹31000 monthly budget, 40% goes on clothes and 10% on travel. The rest is saved. How many rupees are saved?
- 16.Karan has ₹500 for return gifts. Each gift costs ₹25. What is the greatest number of gifts Karan can buy?
- 17.A 2 kg bag of sugar costs ₹90. A 5 kg bag costs ₹210. Which bag is cheaper per kg? (a) 2 kg bag (b) 5 kg bag
- 18.Nisha buys a kite for ₹14 and a glue stick for ₹17. How many rupees does Nisha spend in all?
- 19.Zoya’s class stall spends ₹120 to make 10 friendship bands and sells all of them at ₹15 each. What is the profit (in ₹)?
- 20.Riya sees that ₹1000 was sent to a wrong number by mistake. What should Riya do first? (a) Tell a parent at once (b) Pay again to fix it (c) Keep it a secret
- 21.Vivaan spends ₹100 of ₹200 pocket money on books. What percent is that?
- 22.Sneha gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Sneha do? (a) Read the OTP out (b) Send it by message (c) Never share the OTP
- 23.A board game costs ₹280. The shop gives 50% off. What is the sale price (in ₹)?
- 24.How many geometry boxes can you buy with ₹340 if one costs ₹85?
- 25.Kabir got ₹160 in 2 weeks, the same amount every week. How many rupees is that each week?
- 26.Saanvi spends ₹200 on things to make 21 plates of bhel and sells them all at ₹10 each. How many rupees does Saanvi earn after paying the costs?
- 27.Arjun’s class stall spends ₹270 to make 10 friendship bands and sells all of them at ₹30 each. What is the profit (in ₹)?
- 28.After 10% off, a water bottle costs ₹864. What was the price before the sale (in ₹)?
- 29.Diya has 1 note of ₹100 and 5 notes of ₹50. How many rupees does Diya have?
- 30.Zoya keeps ₹800 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
- 31.Rahul buys 5 balloons at ₹9 each and pays ₹50. How much change does Rahul get (in ₹)?
- 32.Nisha has ₹600. First Nisha pays for needs: a raincoat (₹130) and notebooks (₹60). How many rupees are left for wants?
- 33.Shop A sells 2 geometry boxes for ₹300. Shop B sells 6 geometry boxes for ₹660. What does one geometry box cost at the cheaper shop (in ₹)?
- 34.A stall pays ₹18 for each cup of lemonade and sells each one for ₹26. It sells 16 cups of lemonade. What is the total profit (in ₹)?
- 35.Kabir’s class stall spends ₹150 to make 18 cups of lemonade and sells all of them at ₹10 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
- 36.A 1 kg bag of wheat flour costs ₹33. A 2 kg bag costs ₹74. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
- 37.A paint box costs ₹49. Rohan has ₹10 and ₹5. How many more rupees does Rohan need?
- 38.Dev buys 5 pens at ₹19 each and pays with a ₹500 note. How much change does Dev get (in ₹)?
- 39.Priya’s mother has ₹1800 in her bank account. She pays ₹220 for school books and ₹290 for vegetables by UPI. How many rupees are left in the account?
- 40.Kabir has 3 notes of ₹10. How many rupees does Kabir have?
Answer key
- Shop A
- The name and amount
- Shop A
- Need
- Profit
- 160
- 420
- five 2-rupee coins
- 70
- Vivaan
- 15
- 72
- 450
- 3300
- 15500
- 20
- 5 kg bag
- 31
- 30
- Tell a parent at once
- 50
- Never share the OTP
- 140
- 4
- 80
- 10
- 30
- 960
- 350
- 848
- 5
- 410
- 110
- 128
- Profit
- 1 kg bag
- 34
- 405
- 1290
- 30
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids