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.What do 5 T-shirts at ₹285 each and 2 colour pencil sets at ₹95 each cost in all (in ₹)?
- 2.A balloon costs ₹8. Nisha pays ₹10. How much change does Nisha get (in ₹)?
- 3.A football costs ₹540. The shop gives 25% off. What is the sale price (in ₹)?
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4.Gurpreet’s shop bill:
4 pens at ₹10 each
2 geometry boxes at ₹110 each
1 badminton racket at ₹400
What is the total bill (in ₹)? - 5.The bill for 4 storybooks and a lunch box is ₹1005. A storybook costs ₹195. What does the lunch box cost (in ₹)?
- 6.After 10% off, a toy train costs ₹126. What was the price before the sale (in ₹)?
- 7.Priya’s father is sending ₹1000 to a friend by UPI. What should he check before he pays? (a) The name and amount (b) Only the phone colour (c) Nothing at all
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8.Ananya’s passbook:
Opening balance: ₹1000
Credit (money in): ₹800
Debit (money out): ₹?
Closing balance: ₹1400
How many rupees was the debit? - 9.Karan has ₹14 in a piggy bank. Chacha gives Karan ₹8 more. How many rupees does Karan have now?
- 10.One lunch box costs ₹260. How much do 3 lunch boxes cost (in ₹)?
- 11.Dev is making a shopping list. Which of these is a need? (a) a third cricket bat (b) a remote-control car (c) school shoes (d) a fancy phone cover
- 12.2 water bottles cost ₹450. How much do 7 water bottles cost (in ₹)?
- 13.Someone online asks Tara for the family UPI PIN. Who should ever be told a PIN or OTP? (a) No one (b) A friend at school (c) A caller from the bank
- 14.Which is the biggest amount: ₹88, ₹71 or ₹78? (a) 88 rupees (b) 78 rupees (c) 71 rupees
- 15.A board game costs ₹660. The shop gives 25% off. How many rupees is the discount?
- 16.For Kavya, is “a bigger TV” a need or a want? (a) Want (b) Need
- 17.Kavya has ₹400. First Kavya pays for needs: a water bottle (₹110) and a raincoat (₹60). How many rupees are left for wants?
- 18.A 5 kg bag of dal costs ₹515. A 10 kg bag costs ₹1470. Which bag is cheaper per kg? (a) 5 kg bag (b) 10 kg bag
- 19.Count up to find the change from ₹100: ₹33 + ₹? = ₹100
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20.Price list: samosa ₹11, balloon ₹8, toffee ₹3, sharpener ₹7.
How much do a balloon and a sharpener cost together (in ₹)? - 21.Rahul buys a geometry box for ₹95 and pays with a ₹100 note. How much change does Rahul get (in ₹)?
- 22.Diya has 6 notes of ₹50. Riya has 5 coins of ₹5. Who has more money? (a) Diya (b) Riya
- 23.Sneha pays a bill of ₹1800 by UPI. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 24.Count up to find the change from ₹100: ₹87 + ₹? = ₹100
- 25.Ananya had ₹53. Ananya spent ₹6 on a balloon. How many rupees are left?
- 26.Kavya has 1 note of ₹200 and 2 notes of ₹100. How many rupees does Kavya have?
- 27.There are 30 children in a class. Each child needs one pen at ₹11. What is the total cost (in ₹)?
- 28.Of a ₹41000 monthly budget, 10% goes on rent and 40% on school fees. The rest is saved. What percent is saved?
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29.Ishaan’s passbook:
Opening balance: ₹3700
Debit: ₹150
Debit: ₹400
Credit: ₹500
Credit: ₹200
What is the closing balance (in ₹)? -
30.Arjun’s passbook:
Opening balance: ₹4400
Credit: ₹100
Credit: ₹350
Debit: ₹400
Debit: ₹300
What is the total of all the credits (in ₹)? - 31.Sneha has ₹55 in a piggy bank. Dadi gives Sneha ₹40 more. How many rupees does Sneha have now?
- 32.Vivaan has ₹1000 for a picnic. Food costs ₹220 and tickets cost ₹810. Is ₹1000 enough? (a) Yes (b) No
- 33.₹820 − ₹510 =
- 34.Shop A sells 2 geometry boxes for ₹190. Shop B sells 4 geometry boxes for ₹580. Which shop is cheaper for one geometry box? (a) Shop A (b) Shop B
- 35.A dozen (12) oranges cost ₹108. What does one cost (in ₹)?
- 36.A juice box costs ₹5.50. Manav pays ₹20. How much change does Manav get, in rupees? =
- 37.A cricket bat costs ₹660. The shop gives 10% off. How many rupees is the discount?
- 38.Rahul has ₹700. First Rahul pays for needs: school shoes (₹160) and a school uniform (₹100). How many rupees are left for wants?
- 39.A cricket bat costs ₹580. The shop gives 25% off. What is the sale price (in ₹)?
- 40.Rahul has ₹10. A sharpener costs ₹6. Does Rahul have enough money to buy it? (a) No (b) Yes
Answer key
- 1615
- 2
- 405
- 660
- 225
- 140
- The name and amount
- 400
- 22
- 780
- school shoes
- 1575
- No one
- 88 rupees
- 165
- Want
- 230
- 5 kg bag
- 67
- 15
- 5
- Diya
- Debit
- 13
- 47
- 400
- 330
- 50
- 3850
- 450
- 95
- No
- 310
- Shop A
- 9
- 14.5
- 66
- 440
- 435
- Yes
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids