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.Dev’s class stall spends ₹280 to make 23 plates of bhel and sells all of them at ₹10 each. What is the loss (in ₹)?
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2.Price list: notebook ₹40, glue stick ₹18, kite ₹25, balloon ₹7.
How much do a glue stick and a kite cost together (in ₹)? - 3.Kabir has ₹500 for return gifts. Each gift costs ₹25. What is the greatest number of gifts Kabir can buy?
- 4.Ishaan has 6 coins of ₹2. How many rupees does Ishaan have?
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5.Meera’s passbook:
Opening balance: ₹3500
Debit: ₹450
Debit: ₹50
Credit: ₹500
Credit: ₹350
What is the closing balance (in ₹)? - 6.The bill for 3 colour pencil sets and a badminton racket is ₹590. A colour pencil set costs ₹95. What does the badminton racket cost (in ₹)?
- 7.Zoya has ₹850. First Zoya pays for needs: notebooks (₹250) and a geometry box (₹150). How many rupees are left for wants?
- 8.After 25% off, a toy train costs ₹435. What was the price before the sale (in ₹)?
- 9.For Gurpreet, is “soap” a need or a want? (a) Need (b) Want
- 10.Kavya has 2 notes of ₹20. How many rupees does Kavya have?
- 11.Arjun has 6 coins of ₹10 and 3 coins of ₹1. How many rupees does Arjun have?
- 12.Ishaan buys an ice candy for ₹8 and a juice box for ₹30, and pays ₹50. How much change does Ishaan get (in ₹)?
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13.Rohan’s shop bill:
1 notebook at ₹40
4 cricket balls at ₹135 each
4 mangoes at ₹25 each
What is the total bill (in ₹)? - 14.Which is the biggest amount: ₹31, ₹23 or ₹46? (a) 31 rupees (b) 23 rupees (c) 46 rupees
- 15.For Rohan, is “extra comic books” a need or a want? (a) Need (b) Want
- 16.Sneha keeps ₹1000 in a bank at 4% simple interest per year. How much money will there be after 3 years (in ₹)?
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17.Lakshmi’s passbook:
Opening balance: ₹3400
Debit: ₹150
Credit: ₹250
Credit: ₹50
Credit: ₹450
What is the total of all the credits (in ₹)? - 18.Shop A sells 6 mangoes for ₹150. Shop B sells 3 mangoes for ₹60. What does one mango cost at the cheaper shop (in ₹)?
- 19.Aditya has one ₹50 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 20.A lunch box costs ₹185 online. Delivery is ₹60 and a coupon takes ₹30 off. What is the final price (in ₹)?
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21.Rohan’s passbook:
Opening balance: ₹1600
Credit (money in): ₹1000
Debit (money out): ₹?
Closing balance: ₹2250
How many rupees was the debit? -
22.Rohan’s passbook:
Opening balance: ₹5000
Debit: ₹450
Debit: ₹450
Credit: ₹100
Credit: ₹100
What is the closing balance (in ₹)? - 23.Rahul buys a ruler for ₹12 and a banana for ₹5. How many rupees does Rahul spend in all?
- 24.A football costs ₹265 online. Delivery is ₹20 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 25.Saanvi’s mother has ₹1300 in her bank account. She pays ₹370 for milk and ₹110 for a gas cylinder by UPI. How many rupees are left in the account?
- 26.Ananya has 5 coins of ₹20 and 4 coins of ₹1. How many rupees does Ananya have?
- 27.Joseph has 9 notes of ₹100. Aarav has 9 notes of ₹50. Who has less money? (a) Aarav (b) Joseph
- 28.After 10% off, a school bag costs ₹360. What was the price before the sale (in ₹)?
- 29.Vivaan buys 5 toffees at ₹2 each and pays ₹50. How much change does Vivaan get (in ₹)?
- 30.A family plans ₹17000 for the month. 40% of it is for travel. How many rupees is that?
- 31.A day trip costs ₹840 in all. 7 friends share the cost equally. How much does each friend pay (in ₹)?
- 32.Gurpreet gets ₹9 every day. How many rupees is that in one week (7 days)?
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33.Vivaan’s passbook:
Opening balance: ₹3000
Credit: ₹350
Credit: ₹150
Debit: ₹500
Debit: ₹350
What is the total of all the debits (in ₹)? - 34.₹? + ₹2 + ₹100 = ₹103
- 35.Dev keeps ₹1500 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
- 36.How many coins of ₹20 does Lakshmi need to make ₹80?
- 37.A day trip costs ₹260 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
- 38.Shop A sells 5 notebooks for ₹150. Shop B sells 2 notebooks for ₹70. Which shop is cheaper for one notebook? (a) Shop A (b) Shop B
- 39.₹19.50 + ₹2 =
- 40.Ishaan gets ₹90 a week, spends ₹85 each week and saves the rest. How many rupees has Ishaan saved after 5 weeks?
Answer key
- 50
- 43
- 20
- 12
- 3850
- 305
- 450
- 580
- Need
- 40
- 63
- 12
- 680
- 46 rupees
- Want
- 1120
- 750
- 20
- Note
- 215
- 350
- 4300
- 17
- 275
- 820
- 104
- Aarav
- 400
- 40
- 6800
- 120
- 63
- 850
- 1
- 210
- 4
- 130
- Shop A
- 21.5
- 25
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids