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 school bag costs ₹140. The shop gives 25% off. What is the sale price (in ₹)?
- 2.1150 paise is how many rupees? =
- 3.Saanvi has 2 coins of ₹2. Kavya has 7 notes of ₹50. Who has less money? (a) Kavya (b) Saanvi
- 4.One crayon box costs ₹40. A pack of 3 crayon boxes costs ₹117. How many rupees do you save by buying the pack instead of 3 single ones?
- 5.Which is worth the least: a ₹50 note, a ₹20 note or a ₹10 note? (a) 10-rupee note (b) 50-rupee note (c) 20-rupee note
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6.Price list: samosa ₹15, pencil ₹8, crayon box ₹35, biscuit packet ₹14.
Pooja has ₹50 and buys a crayon box. How many rupees are left? - 7.Gurpreet has ₹350. First Gurpreet pays for needs: a school uniform (₹100) and a raincoat (₹70). How many rupees are left for wants?
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8.Price list: toffee ₹2, juice box ₹30, balloon ₹9, kite ₹14.
Which item costs the least? (a) balloon (b) kite (c) toffee (d) juice box - 9.How many paise are there in ₹6?
- 10.How many storybooks can you buy with ₹950 if one costs ₹190?
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11.Arjun’s passbook:
Opening balance: ₹1300
Credit (money in): ₹950
Debit (money out): ₹?
Closing balance: ₹50
How many rupees was the debit? - 12.Saanvi buys a lunch box for ₹230 and a T-shirt for ₹210, and pays with a ₹500 note. How much change does Saanvi get (in ₹)?
- 13.A water gun costs ₹49. Zoya has ₹10 and ₹5. How many more rupees does Zoya need?
- 14.Aarav spends ₹160 on things to make 28 clay diyas and sells them all at ₹10 each. How many rupees does Aarav earn after paying the costs?
- 15.A stall pays ₹15 for each friendship band and sells each one for ₹21. It sells 37 friendship bands. What is the total profit (in ₹)?
- 16.Nisha has 3 coins of ₹5 and 3 coins of ₹2. How many rupees does Nisha have?
- 17.Rohan had ₹77. Rohan spent ₹15 on a ruler. How many rupees are left?
- 18.2 lunch boxes cost ₹550. How much do 10 lunch boxes cost (in ₹)?
- 19.A toy train costs ₹780. The shop gives 50% off. What is the sale price (in ₹)?
- 20.Of a ₹5000 monthly budget, 40% goes on food and 5% on rent. The rest is saved. What percent is saved?
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21.Aarav’s passbook:
Opening balance: ₹4700
Credit (money in): ₹750
Debit (money out): ₹3150
What is the balance now (in ₹)? - 22.A packet of chips costs ₹21.50. Riya pays ₹50. How much change does Riya get, in rupees? =
- 23.Vivaan gets a link: “Click now to win a phone worth ₹10000!” What should Vivaan do? (a) Click it to win (b) Send it to friends (c) Ignore it, tell a parent
- 24.6 water bottles cost ₹1470. What does one water bottle cost (in ₹)?
- 25.Lakshmi gets ₹40 pocket money every week. How many rupees is that in 3 weeks?
- 26.Diya gets ₹55 pocket money every week. How many rupees is that in 3 weeks?
- 27.Gurpreet has ₹26. A notebook costs ₹30. Does Gurpreet have enough money to buy it? (a) Yes (b) No
- 28.A water gun costs ₹53. Riya has ₹5 and ₹10. How many more rupees does Riya need?
- 29.Priya spends ₹260 to start a stall and sells each cupcake for ₹5. What is the smallest number Priya must sell to get back the ₹260?
- 30.3 friends run a stall selling clay diyas and make a profit of ₹630. They share it equally. How many rupees does each friend get?
- 31.A stall pays ₹5 for each plate of bhel and sells each one for ₹15. It sells 15 plates of bhel. What is the total profit (in ₹)?
- 32.Lakshmi keeps ₹300 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
- 33.How many ₹5 coins make a ₹10 note?
- 34.Someone online asks Arjun for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A friend at school (b) No one (c) A caller from the bank
- 35.Of a ₹31000 monthly budget, 50% goes on rent and 30% on school fees. The rest is saved. What percent is saved?
- 36.A dozen (12) pencils cost ₹84. What does one cost (in ₹)?
- 37.Which is the smallest amount: ₹48, ₹92 or ₹62? (a) 62 rupees (b) 48 rupees (c) 92 rupees
- 38.₹100 + ₹5 + ₹? = ₹155
- 39.₹500 earns 10% simple interest per year. In how many years will the interest be ₹200?
- 40.There are 16 children in a class. Each child needs one plate of idli at ₹60. What is the total cost (in ₹)?
Answer key
- 105
- 11.5
- Saanvi
- 3
- 10-rupee note
- 15
- 180
- toffee
- 600
- 5
- 2200
- 60
- 34
- 120
- 222
- 21
- 62
- 2750
- 390
- 55
- 2300
- 28.5
- Ignore it, tell a parent
- 245
- 120
- 165
- No
- 38
- 52
- 210
- 150
- 309
- 2
- No one
- 20
- 7
- 48 rupees
- 50
- 4
- 960
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids