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.₹13.50 + ₹19 =
- 2.Manav has 7 notes of ₹50. Tara has 6 notes of ₹20. Who has more money? (a) Tara (b) Manav
- 3.Arjun sells 17 friendship bands at ₹10 each. How many rupees does Arjun get?
- 4.A paint box costs ₹89. Aarav has ₹5 and ₹10. How many more rupees does Aarav need?
- 5.₹98 − ₹11 =
- 6.₹10.50 − ₹3 =
- 7.Isha wants a bicycle that costs ₹3800. Isha saves ₹100 every week. How many weeks will it take?
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8.Price list: samosa ₹18, juice box ₹25, ruler ₹10, toffee ₹2.
How much do 5 rulers cost (in ₹)? - 9.3 geometry boxes cost ₹240. How much do 7 geometry boxes cost (in ₹)?
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10.Ananya’s passbook:
Opening balance: ₹2800
Credit: ₹400
Credit: ₹250
Debit: ₹250
Credit: ₹250
What is the closing balance (in ₹)? - 11.Shop A sells a water bottle for ₹130 with free delivery. Shop B sells it for ₹245 plus ₹80 delivery. How many rupees do you save by buying from the cheaper shop?
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12.Zoya’s passbook:
Opening balance: ₹3000
Credit (money in): ₹100
Debit (money out): ₹?
Closing balance: ₹800
How many rupees was the debit? - 13.Kabir buys a water bottle (₹220), a notebook (₹50), a football (₹265) and a geometry box (₹115). What is the total (in ₹)?
- 14.Karan has ₹2000. In a piggy bank it stays ₹2000. In a bank at 8% simple interest per year, how many rupees more will Karan have after 1 year?
- 15.Kavya gets ₹250 pocket money every month. How many rupees is that in one year (12 months)?
- 16.1550 paise is how many rupees? =
- 17.Diya’s class stall spends ₹300 to make 20 plates of bhel and sells all of them at ₹20 each. What is the profit (in ₹)?
- 18.A school bag costs ₹700. Offer 1: 50% off. Offer 2: ₹180 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 19.Karan’s class stall spends ₹330 to make 22 clay diyas and sells all of them at ₹15 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 20.Dev buys a pair of socks for ₹85 and pays with a ₹100 note. How much change does Dev get (in ₹)?
- 21.Farhan makes 3 greeting cards an hour and sells each one for ₹25. How many rupees can Farhan earn from 2 hours of work?
- 22.Ananya saves ₹60 every week for 5 weeks, then buys a cricket bat for ₹110. How many rupees are left?
- 23.Which is the biggest amount: ₹77, ₹28 or ₹10? (a) 10 rupees (b) 28 rupees (c) 77 rupees
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24.Gurpreet’s shop bill:
2 pairs of socks at ₹80 each
4 pens at ₹10 each
4 storybooks at ₹105 each
What is the total bill (in ₹)? - 25.₹12.50 + ₹4.50 =
- 26.Ishaan sees that ₹50000 was sent to a wrong number by mistake. What should Ishaan do first? (a) Keep it a secret (b) Pay again to fix it (c) Tell a parent at once
- 27.₹1100 earns 9% simple interest per year. In how many years will the interest be ₹396?
- 28.A message says Arjun has won ₹1000. It asks for the UPI PIN to send the prize. What is true? (a) Prizes need your PIN (b) No PIN to receive money (c) Enter the PIN quickly
- 29.Shop A sells a water bottle for ₹135 with free delivery. Shop B sells it for ₹205 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 30.Of a ₹18000 monthly budget, 5% goes on rent and 30% on food. The rest is saved. How many rupees are saved?
- 31.Ananya is making a shopping list. Which of these is a need? (a) a video game (b) a bigger TV (c) a new party dress (d) milk
- 32.Which is the same money as one ₹200 note? (a) six 50-rupee notes (b) four 50-rupee notes (c) five 50-rupee notes
- 33.₹17 + ₹20 + ₹9 =
- 34.₹56 − ₹21 =
- 35.3 friends run a stall selling cups of lemonade and make a profit of ₹210. They share it equally. How many rupees does each friend get?
- 36.1150 paise is how many rupees? =
- 37.A toy train costs ₹720. The shop gives 50% off. What is the sale price (in ₹)?
- 38.Priya has 7 coins of ₹1. Saanvi has 5 notes of ₹100. How many more rupees does Saanvi have?
- 39.How many paise are there in ₹6.50?
- 40.₹8.50 − ₹1.50 =
Answer key
- 32.5
- Manav
- 170
- 74
- 87
- 7.5
- 38
- 50
- 560
- 3450
- 195
- 2300
- 650
- 160
- 3000
- 15.5
- 100
- Offer 1
- No profit, no loss
- 15
- 150
- 190
- 77 rupees
- 620
- 17
- Tell a parent at once
- 4
- No PIN to receive money
- Shop A
- 11700
- milk
- four 50-rupee notes
- 46
- 35
- 70
- 11.5
- 360
- 493
- 650
- 7
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids