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 stall pays ₹12 for each clay diya and sells each one for ₹15. It sells 21 clay diyas. What is the total profit (in ₹)?
- 2.A family plans ₹12000 for the month. 5% of it is for clothes. How many rupees is that?
- 3.Tara gets ₹13 every day. How many rupees is that in one week (7 days)?
- 4.How many notes of ₹10 make ₹50?
- 5.A banana costs ₹4. Sneha pays ₹10. How much change does Sneha get (in ₹)?
- 6.Pooja buys 3 bananas at ₹4 each and pays ₹50. How much change does Pooja get (in ₹)?
- 7.Ananya has ₹11 in a piggy bank. Nani gives Ananya ₹14 more. How many rupees does Ananya have now?
- 8.Count up to find the change from ₹500: ₹75 + ₹? = ₹500
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9.Saanvi’s passbook:
Opening balance: ₹3700
Credit (money in): ₹450
Debit (money out): ₹?
Closing balance: ₹750
How many rupees was the debit? - 10.A ruler costs ₹14 and a toffee costs ₹3. How many rupees more does the ruler cost?
- 11.A family plans ₹30000 for the month. 10% of it is for school fees. How many rupees is that?
- 12.A 5 kg bag of wheat flour costs ₹185. A 10 kg bag costs ₹360. How many rupees per kg do you save with the cheaper bag?
- 13.Gurpreet makes 4 clay diyas an hour and sells each one for ₹25. How many rupees can Gurpreet earn from 4 hours of work?
- 14.A pair of shoes costs ₹980. Offer 1: 25% off. Offer 2: ₹460 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 15.Which is worth more: a ₹10 note or a ₹2 coin? (a) 2-rupee coin (b) 10-rupee note
- 16.How many footballs can you buy with ₹1925 if one costs ₹275?
- 17.Vivaan has 5 coins of ₹5. Rahul has 6 coins of ₹2. Who has less money? (a) Vivaan (b) Rahul
- 18.Ananya keeps ₹500 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
- 19.₹480 + ₹210 =
- 20.How many notebooks can you buy with ₹280 if one costs ₹40?
- 21.Rohan has 8 notes of ₹10. Diya has 4 notes of ₹100. Who has more money? (a) Rohan (b) Diya
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22.Arjun’s passbook:
Opening balance: ₹1700
Credit (money in): ₹750
Debit (money out): ₹350
What is the balance now (in ₹)? - 23.Meera has 7 notes of ₹20. How many rupees does Meera have?
- 24.Rohan has ₹850. First Rohan pays for needs: a lunch box (₹50) and notebooks (₹60). How many rupees are left for wants?
- 25.Aarav gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Aarav do? (a) Read the OTP out (b) Send it by message (c) Never share the OTP
- 26.How many notes of ₹50 make ₹150?
- 27.Farhan spends ₹80 on things to make 13 friendship bands and sells them all at ₹10 each. How many rupees does Farhan earn after paying the costs?
- 28.Rohan buys 3 cricket balls at ₹125 each and pays with a ₹500 note. How much change does Rohan get (in ₹)?
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29.Vivaan’s passbook:
Opening balance: ₹3400
Credit (money in): ₹800
Debit (money out): ₹?
Closing balance: ₹4000
How many rupees was the debit? - 30.How many ₹20 coins make a ₹200 note?
- 31.Manav buys an eraser for ₹3 and a sharpener for ₹7. How many rupees does Manav spend in all?
- 32.Kavya has 4 coins of ₹2. Tara has 8 coins of ₹5. Who has more money? (a) Kavya (b) Tara
- 33.Aarav’s class stall spends ₹80 to make 20 friendship bands and sells all of them at ₹5 each. What is the profit (in ₹)?
- 34.₹300 earns 5% simple interest per year. In how many years will the interest be ₹60?
- 35.Lakshmi is making a shopping list. Which of these is a need? (a) a video game (b) a fancy phone cover (c) a schoolbag (d) a sticker album
- 36.Tara saves ₹50 every week for 8 weeks, then buys a gift for Mum for ₹380. How many rupees are left?
- 37.Arjun has one ₹500 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 38.Pooja has ₹11 in a piggy bank. Dada gives Pooja ₹39 more. How many rupees does Pooja have now?
- 39.A dozen (12) eggs cost ₹96. What does one cost (in ₹)?
- 40.One sticker sheet costs ₹7. A pack of 3 sticker sheets costs ₹19. How many rupees do you save by buying the pack instead of 3 single ones?
Answer key
- 63
- 600
- 91
- 5
- 6
- 38
- 25
- 425
- 3400
- 11
- 3000
- 1
- 400
- Offer 2
- 10-rupee note
- 7
- Rahul
- 40
- 690
- 7
- Diya
- 2100
- 140
- 740
- Never share the OTP
- 3
- 50
- 125
- 200
- 10
- 10
- Tara
- 20
- 4
- a schoolbag
- 20
- Note
- 50
- 8
- 2
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids