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
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1.Price list: banana ₹4, balloon ₹8, eraser ₹2, ruler ₹11.
Which item costs the most? (a) balloon (b) eraser (c) banana (d) ruler - 2.A toffee costs ₹2 and an eraser costs ₹5. How many rupees more does the eraser cost?
- 3.Meera has one ₹5 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 4.How many ₹100 notes make a ₹500 note?
- 5.Aditya has one ₹500 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 6.Which is the same money as one ₹20 note? (a) two 5-rupee coins (b) six 5-rupee coins (c) four 5-rupee coins
- 7.A water bottle costs ₹210 online. Delivery is ₹20 and a coupon takes ₹40 off. What is the final price (in ₹)?
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8.Sneha’s passbook:
Opening balance: ₹4500
Debit: ₹250
Debit: ₹150
Debit: ₹350
Credit: ₹100
What is the total of all the debits (in ₹)? - 9.What is the smallest number of coins and notes that make ₹163?
- 10.A 1 kg bag of tomatoes costs ₹58. A 10 kg bag costs ₹450. How many rupees per kg do you save with the cheaper bag?
- 11.What is the smallest number of coins and notes that make ₹180?
- 12.Karan has a budget of ₹1500 for a birthday party. The cake cost ₹140, the decorations cost ₹50 and the juice cost ₹150. How many rupees are left?
- 13.Nisha is making a shopping list. Which of these is a need? (a) a bigger TV (b) a remote-control car (c) extra comic books (d) a raincoat
- 14.Diya saves ₹20 every week for 4 weeks, then buys a gift for Mum for ₹40. How many rupees are left?
- 15.A notebook costs ₹25 and a samosa costs ₹16. How many rupees more does the notebook cost?
- 16.How many coins of ₹20 does Lakshmi need to make ₹80?
- 17.Rahul has ₹17. A glue stick costs ₹19. Does Rahul have enough money to buy it? (a) No (b) Yes
- 18.One paper clip costs 50 paise. How many rupees do 9 paper clips cost? =
- 19.Zoya has a budget of ₹2000 for a birthday party. The cake cost ₹240, the juice cost ₹150 and the balloons cost ₹310. How many rupees are left?
- 20.Lakshmi’s piggy bank has 2 coins of ₹20, 3 coins of ₹2 and 1 coin of ₹1. How many rupees are in it?
- 21.Farhan sees that ₹50000 was sent to a wrong number by mistake. What should Farhan do first? (a) Keep it a secret (b) Tell a parent at once (c) Pay again to fix it
- 22.How many notes of ₹100 make ₹400?
- 23.Kabir buys a badminton racket (₹300), a notebook (₹50), a school bag (₹665) and a football (₹285). What is the total (in ₹)?
- 24.Meera makes 3 greeting cards an hour and sells each one for ₹5. How many rupees can Meera earn from 2 hours of work?
- 25.Rohan has ₹13. A kite costs ₹11. Does Rohan have enough money to buy it? (a) No (b) Yes
- 26.One ruler costs ₹9. A pack of 3 rulers costs ₹23. How many rupees do you save by buying the pack instead of 3 single ones?
- 27.Riya has 1 note of ₹200, 1 note of ₹10 and 5 coins of ₹5. How many rupees does Riya have?
- 28.2 colour pencil sets cost ₹190. What does one colour pencil set cost (in ₹)?
- 29.A sticker sheet costs ₹8. Manav pays ₹50. How much change does Manav get (in ₹)?
- 30.Of a ₹49000 monthly budget, 30% goes on food and 5% on travel. The rest is saved. What percent is saved?
- 31.Aarav’s class stall spends ₹105 to make 13 cups of lemonade and sells all of them at ₹5 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 32.A school bag costs ₹685 online. Delivery is ₹70 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 33.Tara’s mother has ₹1500 in her bank account. She pays ₹130 for milk and ₹160 for bread by UPI. How many rupees are left in the account?
- 34.Aditya buys 4 cricket balls at ₹100 each and pays with a ₹500 note. How much change does Aditya get (in ₹)?
- 35.Shop A sells a cricket ball for ₹125 with free delivery. Shop B sells it for ₹110 plus ₹60 delivery. How many rupees do you save by buying from the cheaper shop?
- 36.Joseph is making a shopping list. Which of these is a need? (a) a new party dress (b) a video game (c) a fancy phone cover (d) soap
- 37.2000 paise is how many rupees? =
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38.Price list: eraser ₹4, biscuit packet ₹10, sticker sheet ₹8, glue stick ₹17.
Which item costs the most? (a) eraser (b) glue stick (c) sticker sheet (d) biscuit packet - 39.Shop A sells 6 cricket balls for ₹630. Shop B sells 5 cricket balls for ₹575. Which shop is cheaper for one cricket ball? (a) Shop B (b) Shop A
- 40.Aarav buys 2 pencils at ₹3 each and pays ₹20. How much change does Aarav get (in ₹)?
Answer key
- ruler
- 3
- Coin
- 5
- Note
- four 5-rupee coins
- 190
- 750
- 5
- 13
- 4
- 1160
- a raincoat
- 40
- 9
- 4
- No
- 4.5
- 1300
- 47
- Tell a parent at once
- 4
- 1300
- 30
- Yes
- 4
- 235
- 95
- 42
- 65
- Loss
- 745
- 1210
- 100
- 45
- soap
- 20
- glue stick
- Shop A
- 14
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids