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.Count up to find the change from ₹100: ₹92 + ₹? = ₹100
- 2.How many footballs can you buy with ₹3450 if one costs ₹345?
- 3.Manav has 2 coins of ₹5. Vivaan has 3 notes of ₹50. Who has more money? (a) Vivaan (b) Manav
- 4.One school bag costs ₹735. How much do 2 school bags cost (in ₹)?
- 5.How many lunch boxes can you buy with ₹1980 if one costs ₹165?
- 6.Tara is making a shopping list. Which of these is a want? (a) vegetables (b) milk (c) a warm blanket (d) sweets every day
- 7.A family plans ₹6000 for the month. 10% of it is for clothes. How many rupees is that?
- 8.Meera has 3 coins of ₹5. Priya has 7 notes of ₹50. How many more rupees does Priya have?
- 9.Arjun has 2 notes of ₹10. How many rupees does Arjun have?
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10.Price list: glue stick ₹20, sharpener ₹7, kite ₹24, balloon ₹5.
How much do 5 sharpeners cost (in ₹)? - 11.Manav’s class stall spends ₹600 to make 21 cupcakes and sells all of them at ₹30 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 12.A dozen (12) pencils cost ₹60. What does one cost (in ₹)?
- 13.Shop A sells a cricket ball for ₹125 with free delivery. Shop B sells it for ₹140 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 14.Isha buys a ruler for ₹10 and a juice box for ₹20, and pays ₹50. How much change does Isha get (in ₹)?
- 15.Count up to find the change from ₹200: ₹76 + ₹? = ₹200
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16.Aarav’s passbook:
Opening balance: ₹2500
Credit: ₹350
Debit: ₹450
Credit: ₹350
Debit: ₹250
What is the closing balance (in ₹)? - 17.₹? + ₹20 + ₹2 = ₹122
- 18.₹47 + ₹23 =
- 19.A 5 kg bag of rice costs ₹315. A 1 kg bag costs ₹55. Which bag is cheaper per kg? (a) 1 kg bag (b) 5 kg bag
- 20.Isha has 8 coins of ₹10. How many rupees does Isha have?
- 21.Rohan’s mother has ₹1300 in her bank account. She pays ₹240 for milk and ₹100 for fruit by UPI. How many rupees are left in the account?
- 22.₹280 + ₹70 =
- 23.Zoya’s class stall spends ₹690 to make 21 paper bookmarks and sells all of them at ₹30 each. What is the loss (in ₹)?
- 24.Of a ₹18000 monthly budget, 40% goes on school fees and 20% on food. The rest is saved. What percent is saved?
- 25.How many samosas can you buy with ₹90 if one costs ₹18?
- 26.Sneha spends ₹190 on things to make 24 plates of bhel and sells them all at ₹10 each. How many rupees does Sneha earn after paying the costs?
- 27.How many school bags can you buy with ₹1490 if one costs ₹745?
- 28.Zoya is making a shopping list. Which of these is a need? (a) a new party dress (b) vegetables (c) a video game (d) a toy robot
- 29.Ishaan buys a plate of idli (₹55), a badminton racket (₹365), a geometry box (₹90) and a mango (₹25). What is the total (in ₹)?
- 30.Priya had ₹98. Priya spent ₹9 on a sticker sheet. How many rupees are left?
- 31.Sneha gets ₹1550 interest from the bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 32.Rahul has 2 notes of ₹200 and 2 notes of ₹20. How many rupees does Rahul have?
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33.Joseph’s passbook:
Opening balance: ₹600
Credit (money in): ₹100
Debit (money out): ₹350
What is the balance now (in ₹)? - 34.Rohan gets ₹90 a week, spends ₹35 each week and saves the rest. How many rupees has Rohan saved after 5 weeks?
- 35.Meera buys a notebook for ₹50 and pays with a ₹100 note. How much change does Meera get (in ₹)?
- 36.How many T-shirts can you buy with ₹2520 if one costs ₹280?
- 37.Joseph buys 2 storybooks at ₹90 each and pays with a ₹500 note. How much change does Joseph get (in ₹)?
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38.Price list: banana ₹4, ruler ₹13, eraser ₹3, toffee ₹2.
How much do a banana and a toffee cost together (in ₹)? - 39.Tara buys a sharpener for ₹6 and an eraser for ₹2, and pays ₹50. How much change does Tara get (in ₹)?
- 40.4 cricket balls cost ₹520. How much do 2 cricket balls cost (in ₹)?
Answer key
- 8
- 10
- Vivaan
- 1470
- 12
- sweets every day
- 600
- 335
- 20
- 35
- Profit
- 5
- 35
- 20
- 124
- 2500
- 100
- 70
- 1 kg bag
- 80
- 960
- 350
- 60
- 40
- 5
- 50
- 2
- vegetables
- 535
- 89
- Credit
- 440
- 350
- 275
- 50
- 9
- 320
- 6
- 42
- 260
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids