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.Shop A sells 4 notebooks for ₹120. Shop B sells 5 notebooks for ₹200. What does one notebook cost at the cheaper shop (in ₹)?
- 2.One sticker sheet costs ₹12. A pack of 3 sticker sheets costs ₹35. How many rupees do you save by buying the pack instead of 3 single ones?
- 3.Aarav has ₹750. First Aarav pays for needs: school shoes (₹170) and socks (₹210). How many rupees are left for wants?
- 4.A jacket costs ₹700. The shop gives 50% off. What is the sale price (in ₹)?
- 5.Sneha has ₹11. A sharpener costs ₹9. Does Sneha have enough money to buy it? (a) Yes (b) No
- 6.₹33 + ₹25 =
- 7.Rahul buys a plate of idli for ₹30 and pays with a ₹100 note. How much change does Rahul get (in ₹)?
- 8.Aditya has ₹42. A notebook costs ₹40. Does Aditya have enough money to buy it? (a) No (b) Yes
- 9.Pooja’s father is sending ₹5000 to a friend by UPI. What should he check before he pays? (a) Only the phone colour (b) The name and amount (c) Nothing at all
- 10.₹55 − ₹16 =
- 11.₹1 + ₹12.50 =
- 12.Which is worth the least: a ₹500 note, a ₹1 coin or a ₹10 note? (a) 10-rupee note (b) 500-rupee note (c) 1-rupee coin
- 13.A day trip costs ₹960 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
- 14.Sneha gets ₹55 pocket money every week. How many rupees is that in 4 weeks?
- 15.Vivaan’s piggy bank has 2 coins of ₹20, 3 coins of ₹10 and 3 coins of ₹1. How many rupees are in it?
- 16.Gurpreet has 1 note of ₹50, 1 note of ₹10 and 1 coin of ₹1. How many rupees does Gurpreet have?
- 17.Ananya had ₹84. Ananya spent ₹12 on a biscuit packet. How many rupees are left?
- 18.Arjun spends ₹400 of ₹1000 pocket money on books. What percent is that?
- 19.Rohan has ₹750. First Rohan pays for needs: a raincoat (₹190) and socks (₹210). How many rupees are left for wants?
- 20.Rohan has 5 coins of ₹20 and 2 coins of ₹10. How many rupees does Rohan have?
- 21.Riya has 5 coins of ₹1. Zoya has 6 coins of ₹2. How many more rupees does Zoya have?
- 22.A family plans ₹41000 for the month. 50% of it is for school fees. How many rupees is that?
- 23.Shop A sells 3 cricket balls for ₹405. Shop B sells 6 cricket balls for ₹600. What does one cricket ball cost at the cheaper shop (in ₹)?
- 24.Of a ₹40000 monthly budget, 20% goes on travel and 50% on school fees. The rest is saved. How many rupees are saved?
- 25.Which is the same money as one ₹10 note? (a) six 5-rupee coins (b) two 5-rupee coins (c) three 5-rupee coins
- 26.A board game costs ₹680. The shop gives 10% off. How many rupees is the discount?
- 27.Kavya buys a pencil for ₹5 and a biscuit packet for ₹18. How many rupees does Kavya spend in all?
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28.Tara’s passbook:
Opening balance: ₹1300
Credit (money in): ₹950
Debit (money out): ₹150
What is the balance now (in ₹)? - 29.Tara sells 30 paper bookmarks at ₹10 each. How many rupees does Tara get?
- 30.Isha has ₹300 for a picnic. Food costs ₹130 and tickets cost ₹260. Is ₹300 enough? (a) Yes (b) No
- 31.Aarav keeps ₹1200 in a bank at 5% simple interest per year. How much money will there be after 1 year (in ₹)?
- 32.Priya has ₹100. In a piggy bank it stays ₹100. In a bank at 2% simple interest per year, how many rupees more will Priya have after 2 years?
- 33.₹17 + ₹20 =
- 34.Arjun has 2 notes of ₹100 and 5 notes of ₹10. How many rupees does Arjun have?
- 35.Arjun’s class stall spends ₹400 to make 32 cups of lemonade and sells all of them at ₹10 each. What is the loss (in ₹)?
- 36.Which is worth more: a ₹200 note or a ₹20 note? (a) 200-rupee note (b) 20-rupee note
- 37.Isha has ₹980 for return gifts. Each gift costs ₹20. What is the greatest number of gifts Isha can buy?
- 38.₹580 − ₹460 =
- 39.A paint box costs ₹69. Priya has ₹5 and ₹5. How many more rupees does Priya need?
- 40.Vivaan is making a shopping list. Which of these is a need? (a) a video game (b) designer sunglasses (c) a fancy phone cover (d) toothpaste
Answer key
- 30
- 1
- 370
- 350
- Yes
- 58
- 70
- Yes
- The name and amount
- 39
- 13.5
- 1-rupee coin
- 480
- 220
- 73
- 61
- 72
- 40
- 350
- 120
- 7
- 20500
- 100
- 12000
- two 5-rupee coins
- 68
- 23
- 2100
- 300
- No
- 1260
- 4
- 37
- 250
- 80
- 200-rupee note
- 49
- 120
- 59
- toothpaste
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids