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 10 kg bag of sugar costs ₹460. A 1 kg bag costs ₹49. Which bag is cheaper per kg? (a) 1 kg bag (b) 10 kg bag
- 2.Vivaan’s mother has ₹1600 in her bank account. She pays ₹70 for vegetables and ₹210 for medicines by UPI. How many rupees are left in the account?
- 3.Pooja has 3 coins of ₹20 and 6 coins of ₹10. How many rupees does Pooja have?
- 4.A drawing book costs ₹11.50. Diya pays ₹50. How much change does Diya get, in rupees? =
- 5.Zoya’s class stall spends ₹330 to make 11 friendship bands and sells all of them at ₹30 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 6.One toffee costs ₹1.50. How many rupees do 2 toffees cost? =
- 7.Kabir had ₹95. Kabir spent ₹2 on a toffee. How many rupees are left?
- 8.Saanvi buys 2 notebooks at ₹60 each and pays with a ₹200 note. How much change does Saanvi get (in ₹)?
- 9.A 5 kg bag of sugar costs ₹205. A 2 kg bag costs ₹98. Which bag is cheaper per kg? (a) 5 kg bag (b) 2 kg bag
- 10.Riya wants a cricket bat that costs ₹400. Riya saves ₹100 every week. How many weeks will it take?
- 11.Ananya got ₹540 in 6 weeks, the same amount every week. How many rupees is that each week?
- 12.Aarav has 2 notes of ₹50. How many rupees does Aarav have?
- 13.Meera’s class stall spends ₹130 to make 18 friendship bands and sells all of them at ₹15 each. What is the profit (in ₹)?
- 14.How many coins of ₹5 does Zoya need to make ₹10?
- 15.A stall pays ₹18 for each plate of bhel and sells each one for ₹23. It sells 19 plates of bhel. What is the total profit (in ₹)?
- 16.Isha wants to save ₹920 for a wristwatch in 23 weeks, the same amount each week. How many rupees must Isha save each week?
- 17.₹13 + ₹78 =
- 18.Manav has ₹3. A pencil costs ₹4. Does Manav have enough money to buy it? (a) Yes (b) No
- 19.Rohan has 7 notes of ₹10. How many rupees does Rohan have?
- 20.Pooja gets ₹27 every day. How many rupees is that in one week (7 days)?
- 21.Nisha buys a pair of socks for ₹50 and a lunch box for ₹150, and pays with a ₹500 note. How much change does Nisha get (in ₹)?
- 22.Rahul keeps ₹200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
- 23.Diya has ₹8. A banana costs ₹6. Does Diya have enough money to buy it? (a) Yes (b) No
- 24.Pooja has ₹300 for a picnic. Food costs ₹130 and tickets cost ₹200. Is ₹300 enough? (a) No (b) Yes
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25.Farhan’s passbook:
Opening balance: ₹2400
Debit: ₹200
Credit: ₹450
Debit: ₹350
Credit: ₹50
What is the total of all the credits (in ₹)? - 26.Vivaan has ₹3. A balloon costs ₹8. Does Vivaan have enough money to buy it? (a) Yes (b) No
- 27.After 10% off, a school bag costs ₹504. What was the price before the sale (in ₹)?
- 28.How many ₹5 coins make a ₹20 note?
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29.Lakshmi’s passbook:
Opening balance: ₹3000
Debit: ₹200
Debit: ₹100
Debit: ₹250
Credit: ₹450
What is the closing balance (in ₹)? - 30.A study lamp costs ₹100. Offer 1: 20% off. Offer 2: ₹30 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 31.10 mangoes cost ₹400. How much do 8 mangoes cost (in ₹)?
- 32.Arjun wants a bicycle that costs ₹4000. Arjun saves ₹200 every week. How many weeks will it take?
- 33.Riya wants a bicycle that costs ₹4870, has ₹1710 already and saves ₹100 every week. In how many weeks will Riya have enough?
- 34.The bill for 2 colour pencil sets and a notebook is ₹240. A colour pencil set costs ₹95. What does the notebook cost (in ₹)?
- 35.A jacket costs ₹440. The shop gives 50% off. What is the sale price (in ₹)?
- 36.Aditya’s father is sending ₹25000 to a friend by UPI. What should he check before he pays? (a) Only the phone colour (b) Nothing at all (c) The name and amount
- 37.7 samosas cost ₹84. What does one samosa cost (in ₹)?
- 38.Meera sells 40 cups of lemonade at ₹10 each. How many rupees does Meera get?
- 39.Arjun has 2 notes of ₹200. How many rupees does Arjun have?
- 40.38 children go on a school trip to the science park. The bus costs ₹80 for each child and the ticket costs ₹40 for each child. What is the total cost (in ₹)?
Answer key
- 10 kg bag
- 1320
- 120
- 38.5
- No profit, no loss
- 3
- 93
- 80
- 5 kg bag
- 4
- 90
- 100
- 140
- 2
- 95
- 40
- 91
- No
- 70
- 189
- 300
- 18
- Yes
- No
- 500
- No
- 560
- 4
- 2900
- Offer 2
- 320
- 20
- 32
- 50
- 220
- The name and amount
- 12
- 400
- 400
- 4560
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids