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 ₹650 to make 32 plates of bhel and sells all of them at ₹20 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
- 2.A 1 kg bag of onions costs ₹23. A 5 kg bag costs ₹270. How many rupees per kg do you save with the cheaper bag?
- 3.Count up to find the change from ₹10: ₹8 + ₹? = ₹10
- 4.Nisha sells 29 cupcakes at ₹5 each. How many rupees does Nisha get?
- 5.Zoya has ₹840 for return gifts. Each gift costs ₹20. What is the greatest number of gifts Zoya can buy?
- 6.Zoya spends ₹130 on things to make 44 plates of bhel and sells them all at ₹5 each. How many rupees does Zoya earn after paying the costs?
- 7.A pen costs ₹4.50. Isha pays ₹20. How much change does Isha get, in rupees? =
- 8.Sneha pays a school fee of ₹1350 from the account. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 9.Which is the same money as one ₹200 note? (a) two 100-rupee notes (b) three 100-rupee notes (c) six 100-rupee notes
- 10.After 10% off, a jacket costs ₹234. What was the price before the sale (in ₹)?
- 11.Sneha spends ₹610 on things to make 49 cups of lemonade and sells them all at ₹15 each. How many rupees does Sneha earn after paying the costs?
- 12.Sneha’s class stall spends ₹15 to make 11 cups of lemonade and sells all of them at ₹5 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 13.Saanvi is making a shopping list. Which of these is a want? (a) bus fare to school (b) a schoolbag (c) sweets every day (d) drinking water
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14.Pooja’s passbook:
Opening balance: ₹2400
Credit: ₹500
Debit: ₹500
Credit: ₹50
Credit: ₹200
What is the closing balance (in ₹)? - 15.Farhan makes 3 friendship bands an hour and sells each one for ₹5. How many rupees can Farhan earn from 4 hours of work?
- 16.Diya’s class stall spends ₹250 to make 14 paper bookmarks and sells all of them at ₹15 each. What is the loss (in ₹)?
- 17.Of a ₹16000 monthly budget, 5% goes on rent and 25% on clothes. The rest is saved. What percent is saved?
- 18.A jigsaw puzzle costs ₹94. Gurpreet has ₹20 and ₹2. How many more rupees does Gurpreet need?
- 19.Zoya gets ₹350 pocket money every month. How many rupees is that in one year (12 months)?
- 20.One notebook costs ₹35. A pack of 3 notebooks costs ₹102. How many rupees do you save by buying the pack instead of 3 single ones?
- 21.A day trip costs ₹1680 in all. 7 friends share the cost equally. How much does each friend pay (in ₹)?
- 22.2 mangoes cost ₹50. What does one mango cost (in ₹)?
- 23.₹18 + ₹3.50 =
- 24.A dozen (12) oranges cost ₹84. What does one cost (in ₹)?
- 25.Sneha buys 4 plates of idli at ₹40 each and pays with a ₹200 note. How much change does Sneha get (in ₹)?
- 26.Arjun buys 3 pencils at ₹3 each and pays ₹50. How much change does Arjun get (in ₹)?
- 27.Kavya wants a wristwatch that costs ₹1135, has ₹200 already and saves ₹20 every week. In how many weeks will Kavya have enough?
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28.Karan’s passbook:
Opening balance: ₹2300
Credit (money in): ₹750
Debit (money out): ₹400
What is the balance now (in ₹)? - 29.There are 14 children in a class. Each child needs one pen at ₹22. What is the total cost (in ₹)?
- 30.Priya buys 2 samosas at ₹11 each and pays ₹50. How much change does Priya get (in ₹)?
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31.Price list: pencil ₹8, banana ₹4, glue stick ₹18, sticker sheet ₹9.
Which item costs the most? (a) pencil (b) sticker sheet (c) glue stick (d) banana - 32.A day trip costs ₹1740 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
- 33.Aarav buys a water bottle for ₹200 and a pair of socks for ₹50, and pays with a ₹500 note. How much change does Aarav get (in ₹)?
- 34.How many water bottles can you buy with ₹1100 if one costs ₹220?
- 35.A school bag costs ₹260. The shop gives 25% off. How many rupees is the discount?
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36.Ishaan’s passbook:
Opening balance: ₹800
Credit (money in): ₹650
Debit (money out): ₹?
Closing balance: ₹250
How many rupees was the debit? - 37.One geometry box costs ₹115. How much do 8 geometry boxes cost (in ₹)?
- 38.Ishaan has 7 notes of ₹20. How many rupees does Ishaan have?
- 39.Ishaan buys a balloon for ₹5 and a notebook for ₹35. How many rupees does Ishaan spend in all?
- 40.Tara’s mother has ₹1200 in her bank account. She pays ₹140 for bread and ₹90 for a gas cylinder by UPI. How many rupees are left in the account?
Answer key
- Loss
- 31
- 2
- 145
- 42
- 90
- 15.5
- Debit
- two 100-rupee notes
- 260
- 125
- Profit
- sweets every day
- 2650
- 60
- 40
- 70
- 72
- 4200
- 3
- 240
- 25
- 21.5
- 7
- 40
- 41
- 47
- 2650
- 308
- 28
- glue stick
- 580
- 250
- 5
- 65
- 1200
- 920
- 140
- 40
- 970
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids