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 1 kg bag of potatoes costs ₹27. A 10 kg bag costs ₹250. Which bag is cheaper per kg? (a) 1 kg bag (b) 10 kg bag
- 2.Isha gets ₹1250 interest from the bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 3.Which is worth more: a ₹1 coin or a ₹10 coin? (a) 1-rupee coin (b) 10-rupee coin
- 4.₹40 − ₹8 =
- 5.₹5.50 − ₹3.50 =
- 6.Dev gets ₹300 pocket money every month. How many rupees is that in one year (12 months)?
- 7.5 notebooks cost ₹200. How much do 2 notebooks cost (in ₹)?
- 8.A pair of shoes costs ₹680. The shop gives 20% off. What is the sale price (in ₹)?
- 9.Meera pays a school fee of ₹1050 from the account. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 10.Nisha’s class stall spends ₹120 to make 24 clay diyas and sells all of them at ₹5 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 11.Diya keeps ₹300 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?
- 12.The bill for 3 mangoes and a badminton racket is ₹475. A mango costs ₹40. What does the badminton racket cost (in ₹)?
- 13.Ananya keeps ₹700 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
- 14.Joseph had ₹78. Joseph spent ₹12 on an ice candy. How many rupees are left?
- 15.The bill for 3 geometry boxes and a notebook is ₹300. A geometry box costs ₹85. What does the notebook cost (in ₹)?
- 16.Saanvi buys a notebook for ₹40 and a storybook for ₹105, and pays with a ₹500 note. How much change does Saanvi get (in ₹)?
- 17.How many storybooks can you buy with ₹1110 if one costs ₹185?
- 18.Count up to find the change from ₹100: ₹21 + ₹? = ₹100
- 19.Kavya gets ₹50 a week, spends ₹5 each week and saves the rest. How many rupees has Kavya saved after 3 weeks?
- 20.Tara gets ₹100 pocket money every month. How many rupees is that in one year (12 months)?
- 21.Count up to find the change from ₹200: ₹39 + ₹? = ₹200
- 22.There are 24 children in a class. Each child needs one notebook at ₹35. What is the total cost (in ₹)?
- 23.A banana costs ₹7. Tara pays ₹10. How much change does Tara get (in ₹)?
- 24.Lakshmi gets ₹90 a week, spends ₹25 each week and saves the rest. How many rupees has Lakshmi saved after 7 weeks?
- 25.Which is worth the most: a ₹50 note, a ₹10 coin or a ₹100 note? (a) 100-rupee note (b) 50-rupee note (c) 10-rupee coin
- 26.A dozen (12) bangles cost ₹156. What does one cost (in ₹)?
- 27.A dozen (12) guavas cost ₹72. What does one cost (in ₹)?
- 28.Tara’s class stall spends ₹420 to make 32 cups of lemonade and sells all of them at ₹10 each. What is the loss (in ₹)?
- 29.Vivaan wants a football that costs ₹300. Vivaan saves ₹60 every week. How many weeks will it take?
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30.Dev’s shop bill:
1 school bag at ₹630
4 water bottles at ₹185 each
4 mangoes at ₹30 each
What is the total bill (in ₹)? - 31.₹15 + ₹9 =
- 32.A balloon costs ₹7 and a banana costs ₹8. How many rupees more does the banana cost?
- 33.Gurpreet’s class stall spends ₹330 to make 25 clay diyas and sells all of them at ₹20 each. What is the profit (in ₹)?
- 34.Which is worth the most: a ₹2 coin, a ₹20 coin or a ₹500 note? (a) 500-rupee note (b) 20-rupee coin (c) 2-rupee coin
- 35.Joseph has 9 coins of ₹20. How many rupees does Joseph have?
- 36.Kabir’s piggy bank has 3 coins of ₹20, 1 coin of ₹10 and 3 coins of ₹2. How many rupees are in it?
- 37.The bill for 3 lunch boxes and a school bag is ₹1145. A lunch box costs ₹160. What does the school bag cost (in ₹)?
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38.Joseph’s passbook:
Opening balance: ₹900
Credit (money in): ₹900
Debit (money out): ₹?
Closing balance: ₹150
How many rupees was the debit? - 39.Rohan wants a storybook set that costs ₹320. Rohan saves ₹20 every week. How many weeks will it take?
- 40.₹5 + ₹? + ₹2 = ₹17
Answer key
- 10 kg bag
- Credit
- 10-rupee coin
- 32
- 2
- 3600
- 80
- 544
- Debit
- No profit, no loss
- 18
- 355
- 798
- 66
- 45
- 355
- 6
- 79
- 135
- 1200
- 161
- 840
- 3
- 455
- 100-rupee note
- 13
- 6
- 100
- 5
- 1490
- 24
- 1
- 170
- 500-rupee note
- 180
- 76
- 665
- 1650
- 16
- 10
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids