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.Rohan buys 3 erasers at ₹2 each and pays ₹20. How much change does Rohan get (in ₹)?
- 2.Count up to find the change from ₹100: ₹69 + ₹? = ₹100
- 3.Kabir has 4 notes of ₹100 and 2 notes of ₹10. How many rupees does Kabir have?
- 4.Saanvi buys a geometry box for ₹95 and pays with a ₹100 note. How much change does Saanvi get (in ₹)?
- 5.Rahul has 4 notes of ₹50. Gurpreet has 8 notes of ₹100. How many more rupees does Gurpreet have?
- 6.2 friends run a stall selling friendship bands and make a profit of ₹580. They share it equally. How many rupees does each friend get?
- 7.How many ₹1 coins make a ₹10 coin?
- 8.Which coins and notes make exactly ₹8? (a) 5 + 2 + 1 (b) 10 + 2 + 1 (c) 10 + 5 + 2
- 9.Shop A sells a badminton racket for ₹365 with free delivery. Shop B sells it for ₹520 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
- 10.Kabir has 9 notes of ₹20. Karan has 2 notes of ₹100. Who has more money? (a) Karan (b) Kabir
- 11.Kabir wants an art kit that costs ₹480. Kabir saves ₹40 every week. How many weeks will it take?
- 12.Priya has 3 notes of ₹200, 1 note of ₹20 and 2 coins of ₹2. How many rupees does Priya have?
- 13.18 children go on a school trip to the zoo. The bus costs ₹20 for each child and the ticket costs ₹25 for each child. What is the total cost (in ₹)?
- 14.A school bag costs ₹740. Offer 1: 20% off. Offer 2: ₹260 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
-
15.Manav’s passbook:
Opening balance: ₹2800
Credit: ₹200
Debit: ₹500
Credit: ₹250
Debit: ₹150
What is the total of all the credits (in ₹)? - 16.A message says Karan has won ₹2000. It asks for the UPI PIN to send the prize. What is true? (a) Prizes need your PIN (b) Enter the PIN quickly (c) No PIN to receive money
- 17.A stall pays ₹3 for each cupcake and sells each one for ₹7. It sells 19 cupcakes. What is the total profit (in ₹)?
- 18.Tara saves ₹60 every week for 5 weeks, then buys an art kit for ₹80. How many rupees are left?
- 19.Count up to find the change from ₹20: ₹4 + ₹? = ₹20
- 20.Arjun saves ₹90 every week for 5 weeks, then buys a board game for ₹120. How many rupees are left?
-
21.Rahul’s passbook:
Opening balance: ₹4400
Debit: ₹500
Debit: ₹100
Debit: ₹400
Credit: ₹100
What is the total of all the debits (in ₹)? - 22.A day trip costs ₹3290 in all. 7 friends share the cost equally. How much does each friend pay (in ₹)?
- 23.Kabir’s class stall spends ₹250 to make 14 cups of lemonade and sells all of them at ₹30 each. What is the profit (in ₹)?
- 24.A jigsaw puzzle costs ₹41. Karan has ₹20 and ₹5. How many more rupees does Karan need?
-
25.Zoya’s passbook:
Opening balance: ₹4500
Credit: ₹50
Debit: ₹100
Credit: ₹50
Debit: ₹500
What is the closing balance (in ₹)? - 26.A family plans ₹31000 for the month. 40% of it is for food. How many rupees is that?
- 27.A school bag costs ₹700. Offer 1: 25% off. Offer 2: ₹50 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
-
28.Karan’s passbook:
Opening balance: ₹1700
Credit (money in): ₹200
Debit (money out): ₹?
Closing balance: ₹450
How many rupees was the debit? - 29.Diya’s piggy bank has 4 coins of ₹5, 3 coins of ₹2 and 4 coins of ₹1. How many rupees are in it?
-
30.Nisha’s passbook:
Opening balance: ₹2500
Credit: ₹300
Credit: ₹450
Credit: ₹300
Debit: ₹150
What is the total of all the credits (in ₹)? - 31.Riya gets ₹25 pocket money every week. How many rupees is that in 7 weeks?
- 32.One notebook costs ₹60. How much do 9 notebooks cost (in ₹)?
- 33.How many notes of ₹100 make ₹900?
-
34.Price list: juice box ₹20, eraser ₹5, balloon ₹10, notebook ₹30.
How much do an eraser and a notebook cost together (in ₹)? - 35.Priya’s class stall spends ₹130 to make 13 friendship bands and sells all of them at ₹10 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 36.1850 paise is how many rupees? =
- 37.Of a ₹42000 monthly budget, 10% goes on travel and 20% on electricity. The rest is saved. What percent is saved?
- 38.Kavya withdraws ₹1700 at the bank counter. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 39.A stall pays ₹5 for each friendship band and sells each one for ₹12. It sells 30 friendship bands. What is the total profit (in ₹)?
- 40.Dev has ₹13 in a piggy bank. Dadi gives Dev ₹11 more. How many rupees does Dev have now?
Answer key
- 14
- 31
- 420
- 5
- 600
- 290
- 10
- 5 + 2 + 1
- 195
- Karan
- 12
- 624
- 810
- Offer 2
- 450
- No PIN to receive money
- 76
- 220
- 16
- 330
- 1000
- 470
- 170
- 16
- 4000
- 12400
- Offer 1
- 1450
- 30
- 1050
- 175
- 540
- 9
- 35
- No profit, no loss
- 18.5
- 70
- Debit
- 210
- 24
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids