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.Kavya has 3 coins of ₹10 and 5 coins of ₹5. How many rupees does Kavya have?
- 2.A cricket bat costs ₹660. Offer 1: 25% off. Offer 2: ₹140 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 3.There are 27 children in a class. Each child needs one samosa at ₹16. What is the total cost (in ₹)?
- 4.Kavya has ₹6. A balloon costs ₹6. Does Kavya have enough money to buy it? (a) No (b) Yes
- 5.Joseph has 7 notes of ₹20. Nisha has 6 coins of ₹5. How many more rupees does Joseph have?
- 6.What is the smallest number of coins and notes that make ₹93?
- 7.Rahul’s piggy bank has 2 coins of ₹20, 1 coin of ₹2 and 5 coins of ₹1. How many rupees are in it?
- 8.Ishaan has ₹24 in a piggy bank. Nana gives Ishaan ₹25 more. How many rupees does Ishaan have now?
- 9.Count up to find the change from ₹100: ₹73 + ₹? = ₹100
- 10.₹1200 earns 8% simple interest per year. In how many years will the interest be ₹480?
- 11.One juice box costs ₹30. A pack of 3 juice boxes costs ₹88. How many rupees do you save by buying the pack instead of 3 single ones?
- 12.A 1 kg bag of rice costs ₹78. A 10 kg bag costs ₹460. Which bag is cheaper per kg? (a) 1 kg bag (b) 10 kg bag
- 13.Shop A sells a water bottle for ₹150 with free delivery. Shop B sells it for ₹185 plus ₹80 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 14.Tara has 3 notes of ₹10. Arjun has 3 coins of ₹5. Who has more money? (a) Arjun (b) Tara
- 15.Priya saves ₹50 every week for 11 weeks, then buys a board game for ₹20. How many rupees are left?
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16.Diya’s passbook:
Opening balance: ₹5000
Credit (money in): ₹650
Debit (money out): ₹1100
What is the balance now (in ₹)? - 17.Rohan has ₹58 in a piggy bank. Mausi gives Rohan ₹11 more. How many rupees does Rohan have now?
- 18.8 pairs of socks cost ₹520. How much do 5 pairs of socks cost (in ₹)?
- 19.₹23 + ₹14 + ₹20 =
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20.Ananya’s passbook:
Opening balance: ₹4200
Credit (money in): ₹500
Debit (money out): ₹?
Closing balance: ₹3500
How many rupees was the debit? - 21.₹58 + ₹40 =
- 22.8 notebooks cost ₹440. What does one notebook cost (in ₹)?
- 23.Riya has ₹800 for return gifts. Each gift costs ₹20. What is the greatest number of gifts Riya can buy?
- 24.A dozen (12) bananas cost ₹96. What does one cost (in ₹)?
- 25.A stall pays ₹6 for each clay diya and sells each one for ₹7. It sells 30 clay diyas. What is the total profit (in ₹)?
- 26.Riya has ₹450. First Riya pays for needs: school shoes (₹90) and a raincoat (₹120). How many rupees are left for wants?
- 27.₹600 earns 9% simple interest per year. In how many years will the interest be ₹54?
- 28.One ruler costs ₹13. A pack of 3 rulers costs ₹36. How many rupees do you save by buying the pack instead of 3 single ones?
- 29.A 5 kg bag of onions costs ₹170. A 1 kg bag costs ₹25. How many rupees per kg do you save with the cheaper bag?
- 30.Arjun has ₹1000 for a picnic. Food costs ₹290 and tickets cost ₹660. Is ₹1000 enough? (a) Yes (b) No
- 31.Meera has 3 notes of ₹200 and 3 notes of ₹10. How many rupees does Meera have?
- 32.Karan is making a shopping list. Which of these is a need? (a) a bigger TV (b) a new party dress (c) a video game (d) milk
- 33.The bill for 2 colour pencil sets and a storybook is ₹270. A colour pencil set costs ₹65. What does the storybook cost (in ₹)?
- 34.Riya has 9 notes of ₹20. How many rupees does Riya have?
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35.Dev’s passbook:
Opening balance: ₹1000
Credit (money in): ₹350
Debit (money out): ₹?
Closing balance: ₹400
How many rupees was the debit? - 36.How many notes of ₹20 make ₹120?
- 37.Which is worth the most: a ₹20 note, a ₹1 coin or a ₹10 note? (a) 10-rupee note (b) 1-rupee coin (c) 20-rupee note
- 38.Saanvi has 4 notes of ₹200 and 2 notes of ₹100. How many rupees does Saanvi have?
- 39.Rahul buys a notebook for ₹55 and pays with a ₹100 note. How much change does Rahul get (in ₹)?
- 40.A dozen (12) eggs cost ₹96. What does one cost (in ₹)?
Answer key
- 55
- Offer 1
- 432
- Yes
- 110
- 5
- 47
- 49
- 27
- 5
- 2
- 10 kg bag
- Shop A
- Tara
- 530
- 4550
- 69
- 325
- 57
- 1200
- 98
- 55
- 40
- 8
- 30
- 240
- 1
- 3
- 9
- Yes
- 630
- milk
- 140
- 180
- 950
- 6
- 20-rupee note
- 1000
- 45
- 8
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids