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.The bill for a plate of idli and a T-shirt is ₹355. A plate of idli costs ₹35. What does the T-shirt cost (in ₹)?
- 2.Zoya buys 4 toffees at ₹1 each and pays ₹20. How much change does Zoya get (in ₹)?
- 3.Meera buys a balloon for ₹6 and an ice candy for ₹8, and pays ₹50. How much change does Meera get (in ₹)?
- 4.The bill for 3 samosas and a T-shirt is ₹402. A samosa costs ₹19. What does the T-shirt cost (in ₹)?
- 5.A 5 kg bag of wheat flour costs ₹240. A 10 kg bag costs ₹420. How many rupees per kg do you save with the cheaper bag?
- 6.Lakshmi has 3 notes of ₹10. How many rupees does Lakshmi have?
- 7.Meera has 6 notes of ₹10. Riya has 2 coins of ₹2. Who has more money? (a) Riya (b) Meera
- 8.Lakshmi’s class stall spends ₹445 to make 17 cups of lemonade and sells all of them at ₹25 each. What is the loss (in ₹)?
- 9.Ishaan gets ₹100 pocket money every month. How many rupees is that in one year (12 months)?
- 10.Aarav has ₹1000. First Aarav pays for needs: school shoes (₹310) and notebooks (₹160). How many rupees are left for wants?
- 11.How many notes of ₹50 make ₹100?
- 12.Vivaan keeps ₹1500 in a bank. After 5 years the simple interest is ₹150. What is the rate of interest per year (in %)?
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13.Manav’s passbook:
Opening balance: ₹900
Credit (money in): ₹300
Debit (money out): ₹?
Closing balance: ₹750
How many rupees was the debit? - 14.Vivaan has 8 notes of ₹10. Meera has 6 notes of ₹100. Who has more money? (a) Vivaan (b) Meera
- 15.Shop A sells 4 pens for ₹96. Shop B sells 3 pens for ₹69. What does one pen cost at the cheaper shop (in ₹)?
- 16.Pooja has a budget of ₹500 for a birthday party. The cake cost ₹30, the balloons cost ₹80 and the return gifts cost ₹50. How many rupees are left?
- 17.The bill for 2 notebooks and a samosa is ₹114. A notebook costs ₹50. What does the samosa cost (in ₹)?
- 18.Diya gets ₹250 pocket money every month. How many rupees is that in one year (12 months)?
- 19.10 children go on a school trip to the fort. The bus costs ₹100 for each child and the ticket costs ₹45 for each child. What is the total cost (in ₹)?
- 20.Sneha spends ₹60 to start a stall and sells each friendship band for ₹5. What is the smallest number Sneha must sell to get back the ₹60?
- 21.A T-shirt costs ₹210 online. Delivery is ₹80 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 22.A raincoat costs ₹1000. The shop gives 50% off. How many rupees is the discount?
- 23.Sneha has 3 coins of ₹10 and 3 coins of ₹1. How many rupees does Sneha have?
- 24.Meera has ₹6. A pencil costs ₹7. Does Meera have enough money to buy it? (a) No (b) Yes
- 25.What do 2 notebooks at ₹55 each and 3 samosas at ₹16 each cost in all (in ₹)?
- 26.How many coins of ₹20 does Kabir need to make ₹140?
- 27.How many notes of ₹50 make ₹500?
- 28.Shop A sells a football for ₹330 with free delivery. Shop B sells it for ₹305 plus ₹50 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 29.A paint box costs ₹44. Aditya has ₹20 and ₹2. How many more rupees does Aditya need?
- 30.7 footballs cost ₹2205. What does one football cost (in ₹)?
- 31.One geometry box costs ₹115. How much do 9 geometry boxes cost (in ₹)?
- 32.Which is the smallest amount: ₹88, ₹55 or ₹65? (a) 55 rupees (b) 88 rupees (c) 65 rupees
- 33.Saanvi has a budget of ₹1000 for a birthday party. The snacks cost ₹200, the balloons cost ₹210 and the decorations cost ₹200. How many rupees are left?
- 34.Ishaan’s mother has ₹2000 in her bank account. She pays ₹260 for bread and ₹170 for fruit by UPI. How many rupees are left in the account?
- 35.Of a ₹28000 monthly budget, 10% goes on food and 50% on rent. The rest is saved. How many rupees are saved?
- 36.For Ananya, is “a third cricket bat” a need or a want? (a) Want (b) Need
- 37.Kabir’s class stall spends ₹400 to make 25 paper bookmarks and sells all of them at ₹20 each. What is the profit (in ₹)?
- 38.Nisha has 2 notes of ₹10. How many rupees does Nisha have?
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39.Karan’s passbook:
Opening balance: ₹4000
Credit (money in): ₹400
Debit (money out): ₹?
Closing balance: ₹2350
How many rupees was the debit? - 40.Lakshmi’s class stall spends ₹350 to make 16 clay diyas and sells all of them at ₹25 each. What is the profit (in ₹)?
Answer key
- 320
- 16
- 36
- 345
- 6
- 30
- Meera
- 20
- 1200
- 530
- 2
- 2
- 450
- Meera
- 23
- 340
- 14
- 3000
- 1450
- 12
- 270
- 500
- 33
- No
- 158
- 7
- 10
- Shop A
- 22
- 315
- 1035
- 55 rupees
- 390
- 1570
- 11200
- Want
- 100
- 20
- 2050
- 50
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids