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.Dev’s class stall spends ₹210 to make 10 clay diyas and sells all of them at ₹25 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 2.₹43 − ₹23 =
- 3.Meera buys a storybook for ₹90 and a pair of socks for ₹60, and pays with a ₹500 note. How much change does Meera get (in ₹)?
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4.Ananya’s passbook:
Opening balance: ₹3100
Credit: ₹100
Credit: ₹500
Credit: ₹250
Debit: ₹200
What is the total of all the credits (in ₹)? - 5.Farhan has ₹200 for return gifts. Each gift costs ₹40. What is the greatest number of gifts Farhan can buy?
- 6.One ruler costs ₹8. A pack of 3 rulers costs ₹23. How many rupees do you save by buying the pack instead of 3 single ones?
- 7.1550 paise is how many rupees? =
- 8.A 1 kg bag of rice costs ₹65. A 10 kg bag costs ₹670. Which bag is cheaper per kg? (a) 1 kg bag (b) 10 kg bag
- 9.Nisha spends ₹70 to start a stall and sells each paper bookmark for ₹25. What is the smallest number Nisha must sell to get back the ₹70?
- 10.Riya is making a shopping list. Which of these is a need? (a) designer sunglasses (b) a remote-control car (c) a bigger TV (d) toothpaste
- 11.Riya keeps ₹900 in a bank. After 5 years the simple interest is ₹90. What is the rate of interest per year (in %)?
- 12.What is the smallest number of coins and notes that make ₹165?
- 13.How many notes of ₹100 make ₹1000?
- 14.What do 4 T-shirts at ₹210 each and 4 plates of idli at ₹40 each cost in all (in ₹)?
- 15.₹? + ₹10 + ₹5 = ₹115
- 16.Vivaan has one ₹200 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 17.A 5 kg bag of wheat flour costs ₹205. A 1 kg bag costs ₹32. Which bag is cheaper per kg? (a) 1 kg bag (b) 5 kg bag
- 18.What do 3 cricket balls at ₹110 each and 3 geometry boxes at ₹140 each cost in all (in ₹)?
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19.Price list: crayon box ₹35, ruler ₹13, sticker sheet ₹7, notebook ₹40.
Gurpreet has ₹20 and buys a ruler. How many rupees are left? - 20.Kabir has 5 notes of ₹10. Tara has 4 notes of ₹100. How many more rupees does Tara have?
- 21.A 1 kg bag of rice costs ₹59. A 2 kg bag costs ₹122. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
- 22.Manav’s mother has ₹2200 in her bank account. She pays ₹140 for a gas cylinder and ₹280 for vegetables by UPI. How many rupees are left in the account?
- 23.Aditya has a budget of ₹500 for a birthday party. The return gifts cost ₹60, the decorations cost ₹40 and the cake cost ₹70. How many rupees are left?
- 24.Nisha gets a link: “Click now to win a phone worth ₹10000!” What should Nisha do? (a) Click it to win (b) Ignore it, tell a parent (c) Send it to friends
- 25.Joseph gets ₹18 every day. How many rupees is that in one week (7 days)?
- 26.Gurpreet’s class stall spends ₹440 to make 26 greeting cards and sells all of them at ₹15 each. What is the loss (in ₹)?
- 27.₹560 − ₹70 =
- 28.Vivaan got ₹120 in 3 weeks, the same amount every week. How many rupees is that each week?
- 29.2 geometry boxes cost ₹290. What does one geometry box cost (in ₹)?
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30.Price list: sticker sheet ₹9, biscuit packet ₹10, juice box ₹25, toffee ₹1.
How many rupees more does a juice box cost than a biscuit packet? - 31.Aditya keeps ₹1900 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 5 years?
- 32.Which is the same money as one ₹20 note? (a) three 5-rupee coins (b) two 5-rupee coins (c) four 5-rupee coins
- 33.Aarav sells 15 clay diyas at ₹10 each. How many rupees does Aarav get?
- 34.Aarav has 5 notes of ₹200. How many rupees does Aarav have?
- 35.A cricket bat costs ₹980. The shop gives 10% off. What is the sale price (in ₹)?
- 36.A 1 kg bag of wheat flour costs ₹50. A 5 kg bag costs ₹180. Which bag is cheaper per kg? (a) 1 kg bag (b) 5 kg bag
- 37.Of a ₹35000 monthly budget, 10% goes on travel and 5% on rent. The rest is saved. What percent is saved?
- 38.A toffee costs ₹2. Diya pays ₹10. How much change does Diya get (in ₹)?
- 39.A dozen (12) oranges cost ₹72. What does one cost (in ₹)?
- 40.Kavya has 8 notes of ₹20. How many rupees does Kavya have?
Answer key
- Profit
- 20
- 350
- 850
- 5
- 1
- 15.5
- 1 kg bag
- 3
- toothpaste
- 2
- 4
- 10
- 1000
- 100
- Note
- 1 kg bag
- 750
- 7
- 350
- 1 kg bag
- 1780
- 330
- Ignore it, tell a parent
- 126
- 50
- 490
- 40
- 145
- 15
- 475
- four 5-rupee coins
- 150
- 1000
- 882
- 5 kg bag
- 85
- 8
- 6
- 160
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids