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.How many notes of ₹50 make ₹300?
- 2.Of a ₹14000 monthly budget, 40% goes on electricity and 10% on clothes. The rest is saved. How many rupees are saved?
- 3.₹46 + ₹27 =
- 4.6 lunch boxes cost ₹1170. What does one lunch box cost (in ₹)?
- 5.How many coins of ₹5 does Aditya need to make ₹15?
- 6.Diya keeps ₹1300 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
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7.Price list: juice box ₹20, banana ₹5, sticker sheet ₹9, samosa ₹19.
Sneha has ₹10 and buys a sticker sheet. How many rupees are left? - 8.One football costs ₹445. How much do 8 footballs cost (in ₹)?
- 9.One storybook costs ₹115. How much do 8 storybooks cost (in ₹)?
- 10.How many paise are there in ₹10.50?
- 11.8 samosas cost ₹136. How much do 10 samosas cost (in ₹)?
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12.Price list: toffee ₹1, sticker sheet ₹5, ice candy ₹10, notebook ₹25.
Which item costs the most? (a) toffee (b) notebook (c) ice candy (d) sticker sheet - 13.₹290 + ₹260 =
- 14.Zoya has ₹20. A glue stick costs ₹17. Does Zoya have enough money to buy it? (a) Yes (b) No
- 15.Of a ₹7000 monthly budget, 30% goes on school fees and 50% on travel. The rest is saved. What percent is saved?
- 16.₹56 + ₹40 =
- 17.Saanvi’s class stall spends ₹295 to make 11 greeting cards and sells all of them at ₹25 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 18.Manav keeps ₹1200 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
- 19.Diya has ₹5. An eraser costs ₹2. Does Diya have enough money to buy it? (a) No (b) Yes
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20.Priya’s passbook:
Opening balance: ₹1900
Credit (money in): ₹850
Debit (money out): ₹?
Closing balance: ₹550
How many rupees was the debit? - 21.After 10% off, a raincoat costs ₹414. What was the price before the sale (in ₹)?
- 22.Gurpreet has 6 coins of ₹5. How many rupees does Gurpreet have?
- 23.A stall pays ₹12 for each paper bookmark and sells each one for ₹17. It sells 11 paper bookmarks. What is the total profit (in ₹)?
- 24.Vivaan has ₹380 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Vivaan can buy?
- 25.Which is the same money as one ₹20 note? (a) four 10-rupee notes (b) two 10-rupee notes (c) three 10-rupee notes
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26.Price list: ice candy ₹9, banana ₹4, crayon box ₹35, ruler ₹13.
Isha has ₹50 and buys a crayon box. How many rupees are left? - 27.Vivaan has ₹2. A toffee costs ₹1. Does Vivaan have enough money to buy it? (a) No (b) Yes
- 28.Kavya has ₹850. First Kavya pays for needs: a lunch box (₹120) and school shoes (₹150). How many rupees are left for wants?
- 29.Kavya pays a bill of ₹1000 by UPI. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 30.Kavya wants a board game that costs ₹335, has ₹10 already and saves ₹50 every week. In how many weeks will Kavya have enough?
- 31.₹500 earns 8% simple interest per year. In how many years will the interest be ₹120?
- 32.Aarav spends ₹120 to start a stall and sells each paper bookmark for ₹10. What is the smallest number Aarav must sell to get back the ₹120?
- 33.Rohan’s class stall spends ₹250 to make 26 plates of bhel and sells all of them at ₹10 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 34.A 10 kg bag of tomatoes costs ₹570. A 5 kg bag costs ₹195. How many rupees per kg do you save with the cheaper bag?
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35.Aarav’s passbook:
Opening balance: ₹4900
Debit: ₹400
Credit: ₹50
Credit: ₹450
Credit: ₹350
What is the total of all the debits (in ₹)? - 36.Kavya’s mother has ₹1000 in her bank account. She pays ₹140 for fruit and ₹200 for milk by UPI. How many rupees are left in the account?
- 37.Rohan had ₹12. Rohan spent ₹7 on a pencil. How many rupees are left?
- 38.Which is the smallest amount: ₹26, ₹98 or ₹68? (a) 26 rupees (b) 98 rupees (c) 68 rupees
- 39.A banana costs ₹4. Aditya pays ₹10. How much change does Aditya get (in ₹)?
- 40.How many storybooks can you buy with ₹1045 if one costs ₹95?
Answer key
- 6
- 7000
- 73
- 195
- 3
- 39
- 1
- 3560
- 920
- 1050
- 170
- notebook
- 550
- Yes
- 20
- 96
- Loss
- 252
- Yes
- 2200
- 460
- 30
- 55
- 25
- two 10-rupee notes
- 15
- Yes
- 580
- Debit
- 7
- 3
- 12
- Profit
- 18
- 400
- 660
- 5
- 26 rupees
- 6
- 11
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids