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.₹21 + ₹71 =
- 2.Rohan gets ₹800 from a relative by bank transfer. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 3.A day trip costs ₹1140 in all. 6 friends share the cost equally. How much does each friend pay (in ₹)?
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4.Meera’s passbook:
Opening balance: ₹2600
Credit (money in): ₹550
Debit (money out): ₹1650
What is the balance now (in ₹)? - 5.Manav spends ₹140 on things to make 14 greeting cards and sells them all at ₹15 each. How many rupees does Manav earn after paying the costs?
- 6.Farhan has 4 notes of ₹10. How many rupees does Farhan have?
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7.Priya’s passbook:
Opening balance: ₹500
Credit (money in): ₹650
Debit (money out): ₹?
Closing balance: ₹500
How many rupees was the debit? - 8.A yo-yo costs ₹35. Zoya has ₹5 and ₹5. How many more rupees does Zoya need?
- 9.Shop A sells 6 samosas for ₹96. Shop B sells 2 samosas for ₹34. Which shop is cheaper for one samosa? (a) Shop B (b) Shop A
- 10.Isha deposits ₹1250 of birthday money. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 11.What is the smallest number of coins and notes that make ₹183?
- 12.How many paise are there in ₹18.50?
- 13.Rohan has 3 notes of ₹10. Gurpreet has 5 notes of ₹50. Who has less money? (a) Rohan (b) Gurpreet
- 14.Lakshmi keeps ₹500 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
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15.Pooja’s passbook:
Opening balance: ₹1800
Credit (money in): ₹800
Debit (money out): ₹?
Closing balance: ₹1900
How many rupees was the debit? - 16.One samosa costs ₹12. A pack of 3 samosas costs ₹35. How many rupees do you save by buying the pack instead of 3 single ones?
- 17.Shop A sells 5 pens for ₹75. Shop B sells 3 pens for ₹66. Which shop is cheaper for one pen? (a) Shop B (b) Shop A
- 18.6 geometry boxes cost ₹540. How much do 4 geometry boxes cost (in ₹)?
- 19.Count up to find the change from ₹20: ₹6 + ₹? = ₹20
- 20.Manav buys 3 geometry boxes at ₹85 each and pays with a ₹500 note. How much change does Manav get (in ₹)?
- 21.Joseph has 2 notes of ₹500. How many rupees does Joseph have?
- 22.Lakshmi keeps ₹1900 in a bank. After 3 years the simple interest is ₹171. What is the rate of interest per year (in %)?
- 23.A water gun costs ₹70. Aarav has ₹20 and ₹10. How many more rupees does Aarav need?
- 24.One ice candy costs ₹11. A pack of 3 ice candies costs ₹29. How many rupees do you save by buying the pack instead of 3 single ones?
- 25.Count up to find the change from ₹50: ₹14 + ₹? = ₹50
- 26.Sneha is making a shopping list. Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) a raincoat (d) a glitter pen set
- 27.Kabir has 9 coins of ₹1. Vivaan has 8 coins of ₹2. Who has more money? (a) Kabir (b) Vivaan
- 28.Aditya sells 44 plates of bhel at ₹5 each. How many rupees does Aditya get?
- 29.Shop A sells 4 cricket balls for ₹540. Shop B sells 6 cricket balls for ₹660. What does one cricket ball cost at the cheaper shop (in ₹)?
- 30.Riya wants to save ₹360 for an art kit in 4 weeks, the same amount each week. How many rupees must Riya save each week?
- 31.Manav buys a notebook for ₹45 and pays with a ₹100 note. How much change does Manav get (in ₹)?
- 32.Karan’s class stall spends ₹310 to make 10 cups of lemonade and sells all of them at ₹30 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 33.After 20% off, a pair of shoes costs ₹480. What was the price before the sale (in ₹)?
- 34.Arjun is making a shopping list. Which of these is a want? (a) school shoes (b) vegetables (c) a school uniform (d) a sticker album
- 35.2 school bags cost ₹1560. How much do 9 school bags cost (in ₹)?
- 36.A dozen (12) oranges cost ₹72. What does one cost (in ₹)?
- 37.Rahul buys a pen (₹18), a plate of idli (₹30), a colour pencil set (₹80) and a storybook (₹145). What is the total (in ₹)?
- 38.4 footballs cost ₹1380. How much do 2 footballs cost (in ₹)?
- 39.Joseph had ₹82. Joseph spent ₹14 on an ice candy. How many rupees are left?
- 40.Isha’s class stall spends ₹365 to make 11 plates of bhel and sells all of them at ₹25 each. What is the loss (in ₹)?
Answer key
- 92
- Credit
- 190
- 1500
- 70
- 40
- 650
- 25
- Shop A
- Credit
- 6
- 1850
- Rohan
- 515
- 700
- 1
- Shop A
- 360
- 14
- 245
- 1000
- 3
- 40
- 4
- 36
- a raincoat
- Vivaan
- 220
- 110
- 90
- 55
- Loss
- 600
- a sticker album
- 7020
- 6
- 273
- 690
- 68
- 90
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids