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
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1.Price list: glue stick ₹22, crayon box ₹50, sharpener ₹8, ice candy ₹14.
Which item costs the most? (a) crayon box (b) ice candy (c) glue stick (d) sharpener - 2.A family plans ₹34000 for the month. 20% of it is for rent. How many rupees is that?
- 3.Shop A sells 6 pens for ₹78. Shop B sells 5 pens for ₹75. What does one pen cost at the cheaper shop (in ₹)?
- 4.Manav’s mother has ₹1900 in her bank account. She pays ₹220 for vegetables and ₹290 for fruit by UPI. How many rupees are left in the account?
- 5.Riya has a budget of ₹2000 for a birthday party. The cake cost ₹260, the decorations cost ₹70 and the snacks cost ₹100. How many rupees are left?
- 6.A school bag costs ₹900. The shop gives 50% off. How many rupees is the discount?
- 7.Shop A sells a water bottle for ₹200 with free delivery. Shop B sells it for ₹120 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 8.A board game costs ₹960. The shop gives 25% off. How many rupees is the discount?
- 9.A 2 kg bag of rice costs ₹150. A 10 kg bag costs ₹530. Which bag is cheaper per kg? (a) 2 kg bag (b) 10 kg bag
- 10.Priya spends ₹30 of ₹300 pocket money on books. What percent is that?
- 11.Diya has 3 coins of ₹1. Gurpreet has 3 notes of ₹100. How many more rupees does Gurpreet have?
- 12.A yo-yo costs ₹76. Rohan has ₹20 and ₹10. How many more rupees does Rohan need?
- 13.Rahul has 3 notes of ₹100. Dev has 2 coins of ₹2. Who has more money? (a) Rahul (b) Dev
- 14.One geometry box costs ₹85. How much do 2 geometry boxes cost (in ₹)?
- 15.Dev has ₹1500. In a piggy bank it stays ₹1500. In a bank at 7% simple interest per year, how many rupees more will Dev have after 1 year?
- 16.Shop A sells 3 plates of idli for ₹150. Shop B sells 6 plates of idli for ₹180. Which shop is cheaper for one plate of idli? (a) Shop B (b) Shop A
- 17.A family plans ₹14000 for the month. 40% of it is for rent. How many rupees is that?
- 18.A water gun costs ₹48. Karan has ₹5 and ₹5. How many more rupees does Karan need?
- 19.₹2 + ₹? + ₹5 = ₹27
- 20.How many paise are there in ₹3.50?
- 21.Sneha has ₹300. First Sneha pays for needs: school shoes (₹90) and a water bottle (₹80). How many rupees are left for wants?
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22.Gurpreet’s passbook:
Opening balance: ₹1800
Credit (money in): ₹550
Debit (money out): ₹?
Closing balance: ₹900
How many rupees was the debit? - 23.How many colour pencil sets can you buy with ₹300 if one costs ₹100?
- 24.After 25% off, a raincoat costs ₹630. What was the price before the sale (in ₹)?
- 25.A stall pays ₹4 for each paper bookmark and sells each one for ₹10. It sells 10 paper bookmarks. What is the total profit (in ₹)?
- 26.₹10 + ₹? + ₹1 = ₹16
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27.Aditya’s shop bill:
3 lunch boxes at ₹180 each
1 school bag at ₹795
2 cricket balls at ₹130 each
What is the total bill (in ₹)? - 28.Lakshmi sees that ₹10000 was sent to a wrong number by mistake. What should Lakshmi do first? (a) Keep it a secret (b) Tell a parent at once (c) Pay again to fix it
- 29.Zoya’s class stall spends ₹100 to make 33 plates of bhel and sells all of them at ₹5 each. What is the profit (in ₹)?
- 30.Vivaan’s class stall spends ₹590 to make 25 paper bookmarks and sells all of them at ₹20 each. What is the loss (in ₹)?
- 31.Gurpreet spends ₹150 of ₹500 pocket money on books. What percent is that?
- 32.Farhan is making a shopping list. Which of these is a need? (a) a remote-control car (b) a fancy phone cover (c) a third cricket bat (d) a school uniform
- 33.There are 30 children in a class. Each child needs one plate of idli at ₹30. What is the total cost (in ₹)?
- 34.Saanvi saves ₹30 every week for 12 weeks, then buys a cricket bat for ₹60. How many rupees are left?
- 35.How many notes of ₹10 make ₹60?
- 36.Gurpreet has 3 notes of ₹200 and 5 notes of ₹50. How many rupees does Gurpreet have?
- 37.Gurpreet is making a shopping list. Which of these is a want? (a) extra comic books (b) rice and dal (c) school shoes (d) a schoolbag
- 38.For Isha, is “a schoolbag” a need or a want? (a) Want (b) Need
- 39.Shop A sells 6 pens for ₹126. Shop B sells 4 pens for ₹48. Which shop is cheaper for one pen? (a) Shop A (b) Shop B
- 40.A jacket costs ₹560. The shop gives 20% off. How many rupees is the discount?
Answer key
- crayon box
- 6800
- 13
- 1390
- 1570
- 450
- Shop B
- 240
- 10 kg bag
- 10
- 297
- 46
- Rahul
- 170
- 105
- Shop B
- 5600
- 38
- 20
- 350
- 130
- 1450
- 3
- 840
- 60
- 5
- 1595
- Tell a parent at once
- 65
- 90
- 30
- a school uniform
- 900
- 300
- 6
- 850
- extra comic books
- Need
- Shop B
- 112
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids