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.A day trip costs ₹2660 in all. 7 friends share the cost equally. How much does each friend pay (in ₹)?
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2.Price list: samosa ₹17, eraser ₹5, notebook ₹25, ice candy ₹15.
Ananya has ₹100 and buys an ice candy. How many rupees are left? - 3.Meera’s class stall spends ₹810 to make 30 friendship bands and sells all of them at ₹30 each. What is the profit (in ₹)?
- 4.Rahul had ₹69. Rahul spent ₹25 on a notebook. How many rupees are left?
- 5.A water bottle costs ₹520. The shop gives 50% off. How many rupees is the discount?
- 6.There are 28 children in a class. Each child needs one plate of idli at ₹30. What is the total cost (in ₹)?
- 7.₹9 + ₹8 + ₹22 =
- 8.₹50 + ₹? + ₹10 = ₹62
- 9.Rohan has 2 coins of ₹2 and 2 coins of ₹5. How many rupees does Rohan have?
- 10.Meera had ₹43. Meera spent ₹15 on an ice candy. How many rupees are left?
- 11.₹390 − ₹270 =
- 12.Joseph has 2 notes of ₹100, 2 notes of ₹20 and 3 coins of ₹5. How many rupees does Joseph have?
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13.Kavya’s passbook:
Opening balance: ₹2700
Debit: ₹150
Debit: ₹150
Credit: ₹400
Debit: ₹100
What is the closing balance (in ₹)? - 14.Riya keeps ₹300 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 4 years?
- 15.Shop A sells 4 colour pencil sets for ₹280. Shop B sells 3 colour pencil sets for ₹360. Which shop is cheaper for one colour pencil set? (a) Shop B (b) Shop A
- 16.One lunch box costs ₹215. How much do 2 lunch boxes cost (in ₹)?
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17.Price list: ice candy ₹12, biscuit packet ₹14, eraser ₹3, glue stick ₹22.
Aarav has ₹100 and buys an ice candy. How many rupees are left? - 18.A football costs ₹600. Offer 1: 20% off. Offer 2: ₹200 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 19.Manav has 5 coins of ₹2 and 4 coins of ₹10. How many rupees does Manav have?
- 20.Shop A sells a school bag for ₹670 with free delivery. Shop B sells it for ₹745 plus ₹30 delivery. How many rupees do you save by buying from the cheaper shop?
- 21.A stranger asks Sneha to scan a QR code to “get” ₹10000. What is true? (a) It gives you money (b) Scanning a QR pays money (c) QR codes are always safe
- 22.How many ₹100 notes make a ₹200 note?
- 23.Tara spends ₹350 on things to make 24 friendship bands and sells them all at ₹20 each. How many rupees does Tara earn after paying the costs?
- 24.What do 2 plates of idli at ₹50 each and 2 notebooks at ₹35 each cost in all (in ₹)?
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25.Price list: pencil ₹6, juice box ₹20, crayon box ₹50, samosa ₹10.
How many rupees more does a juice box cost than a pencil? - 26.A raincoat costs ₹340. The shop gives 10% off. How many rupees is the discount?
- 27.Gurpreet buys a ruler for ₹14 and a juice box for ₹30. How many rupees does Gurpreet spend in all?
- 28.Pooja’s class stall spends ₹340 to make 22 cups of lemonade and sells all of them at ₹20 each. What is the profit (in ₹)?
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29.Price list: crayon box ₹40, sticker sheet ₹10, notebook ₹45, ice candy ₹12.
Isha has ₹50 and buys a crayon box. How many rupees are left? -
30.Aarav’s passbook:
Opening balance: ₹3700
Credit: ₹500
Debit: ₹100
Debit: ₹150
Credit: ₹400
What is the closing balance (in ₹)? - 31.Farhan has 2 coins of ₹20 and 5 coins of ₹10. How many rupees does Farhan have?
- 32.Arjun’s piggy bank has 1 coin of ₹10, 1 coin of ₹5 and 3 coins of ₹2. How many rupees are in it?
- 33.What is the smallest number of coins and notes that make ₹120?
- 34.Someone online asks Lakshmi for the family UPI PIN. Who should ever be told a PIN or OTP? (a) No one (b) A caller from the bank (c) A friend at school
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35.Arjun’s passbook:
Opening balance: ₹4200
Credit (money in): ₹550
Debit (money out): ₹4300
What is the balance now (in ₹)? -
36.Price list: glue stick ₹17, biscuit packet ₹15, pencil ₹7, sticker sheet ₹8.
How much do 4 biscuit packets cost (in ₹)? - 37.Zoya has 2 coins of ₹2. Kabir has 6 coins of ₹1. How many more rupees does Kabir have?
- 38.Priya’s class stall spends ₹210 to make 24 cups of lemonade and sells all of them at ₹15 each. What is the profit (in ₹)?
- 39.Farhan has 3 notes of ₹20. How many rupees does Farhan have?
- 40.One sharpener costs ₹6. A pack of 3 sharpeners costs ₹14. How many rupees do you save by buying the pack instead of 3 single ones?
Answer key
- 380
- 85
- 90
- 44
- 260
- 840
- 39
- 2
- 14
- 28
- 120
- 255
- 2700
- 108
- Shop A
- 430
- 88
- Offer 2
- 50
- 105
- Scanning a QR pays money
- 2
- 130
- 170
- 14
- 34
- 44
- 100
- 10
- 4350
- 90
- 21
- 2
- No one
- 450
- 60
- 2
- 150
- 60
- 4
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids