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.Aarav’s passbook:
Opening balance: ₹2700
Debit: ₹300
Debit: ₹100
Credit: ₹250
Debit: ₹450
What is the closing balance (in ₹)? - 2.Tara wants a wristwatch that costs ₹1170, has ₹250 already and saves ₹60 every week. In how many weeks will Tara have enough?
-
3.Riya’s passbook:
Opening balance: ₹2800
Debit: ₹100
Credit: ₹400
Credit: ₹500
Debit: ₹350
What is the total of all the debits (in ₹)? - 4.What is the smallest number of coins and notes that make ₹52?
- 5.The bill for 4 plates of idli and a school bag is ₹920. A plate of idli costs ₹45. What does the school bag cost (in ₹)?
- 6.Ishaan spends ₹120 of ₹300 pocket money on books. What percent is that?
- 7.How many ₹10 coins make a ₹20 note?
-
8.Price list: banana ₹8, glue stick ₹22, crayon box ₹50, samosa ₹16.
Rahul has ₹100 and buys a glue stick. How many rupees are left? - 9.A 5 kg bag of dal costs ₹480. A 1 kg bag costs ₹105. How many rupees per kg do you save with the cheaper bag?
- 10.A jacket costs ₹300. Offer 1: 20% off. Offer 2: ₹90 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 11.Nisha got ₹675 in 9 weeks, the same amount every week. How many rupees is that each week?
- 12.A toffee costs ₹2. Lakshmi pays ₹20. How much change does Lakshmi get (in ₹)?
- 13.How many coins of ₹20 does Manav need to make ₹160?
- 14.Diya has 2 coins of ₹5. Rahul has 4 coins of ₹2. Who has less money? (a) Rahul (b) Diya
- 15.The bill for a samosa and a T-shirt is ₹318. A samosa costs ₹18. What does the T-shirt cost (in ₹)?
- 16.Ananya wants to save ₹480 for a storybook set in 6 weeks, the same amount each week. How many rupees must Ananya save each week?
- 17.Dev has 3 coins of ₹1 and 6 coins of ₹20. How many rupees does Dev have?
-
18.Price list: biscuit packet ₹13, sharpener ₹4, ice candy ₹11, kite ₹19.
How much do 4 biscuit packets cost (in ₹)? - 19.Count up to find the change from ₹100: ₹19 + ₹? = ₹100
- 20.For Pooja, is “drinking water” a need or a want? (a) Need (b) Want
- 21.Gurpreet has 2 notes of ₹10. Ananya has 2 notes of ₹50. How many more rupees does Ananya have?
- 22.Saanvi gets ₹65 pocket money every week. How many rupees is that in 6 weeks?
- 23.Kavya deposits ₹1900 saved in a piggy bank. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 24.What is the smallest number of coins and notes that make ₹129?
- 25.Shop A sells a badminton racket for ₹460 with free delivery. Shop B sells it for ₹535 plus ₹30 delivery. How many rupees do you save by buying from the cheaper shop?
- 26.Aarav has one ₹100 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 27.Vivaan buys a mango for ₹20 and pays with a ₹100 note. How much change does Vivaan get (in ₹)?
- 28.What is the smallest number of coins and notes that make ₹95?
- 29.Kabir had ₹42. Kabir spent ₹15 on an ice candy. How many rupees are left?
- 30.One toffee costs ₹1.50. How many rupees do 7 toffees cost? =
- 31.How many paise are there in ₹7?
- 32.Karan buys a lunch box (₹230), a school bag (₹585), a cricket ball (₹140) and a pen (₹17). What is the total (in ₹)?
- 33.Ananya has 3 notes of ₹200 and 5 notes of ₹50. How many rupees does Ananya have?
- 34.A sticker sheet costs ₹10 and a crayon box costs ₹45. How many rupees more does the crayon box cost?
- 35.Riya has 5 notes of ₹20 and 4 notes of ₹10. How many rupees does Riya have?
-
36.Nisha’s passbook:
Opening balance: ₹2500
Credit (money in): ₹250
Debit (money out): ₹1000
What is the balance now (in ₹)? - 37.Karan pays a bill of ₹850 by UPI. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
-
38.Isha’s passbook:
Opening balance: ₹2000
Credit (money in): ₹50
Debit (money out): ₹?
Closing balance: ₹150
How many rupees was the debit? - 39.Which coins and notes make exactly ₹152? (a) 50 + 20 + 2 (b) 100 + 50 + 2 (c) 50 + 2 + 1
- 40.Count up to find the change from ₹20: ₹6 + ₹? = ₹20
Answer key
- 2100
- 16
- 450
- 2
- 740
- 40
- 2
- 78
- 9
- Offer 2
- 75
- 18
- 8
- Rahul
- 300
- 80
- 123
- 52
- 81
- Need
- 80
- 390
- Credit
- 5
- 105
- Note
- 80
- 4
- 27
- 10.5
- 700
- 972
- 850
- 35
- 140
- 1750
- Debit
- 1900
- 100 + 50 + 2
- 14
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids