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.Lakshmi’s class stall spends ₹190 to make 17 cups of lemonade and sells all of them at ₹10 each. What is the loss (in ₹)?
- 2.Ishaan had ₹19. Ishaan spent ₹16 on a kite. How many rupees are left?
- 3.Karan has ₹400. First Karan pays for needs: a school uniform (₹60) and a raincoat (₹100). How many rupees are left for wants?
- 4.Isha has one ₹2 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 5.10 pairs of socks cost ₹650. What does one pair of socks cost (in ₹)?
- 6.Dev has 3 notes of ₹200. How many rupees does Dev have?
- 7.Arjun has ₹11 in a piggy bank. Nani gives Arjun ₹29 more. How many rupees does Arjun have now?
- 8.6 storybooks cost ₹930. How much do 4 storybooks cost (in ₹)?
- 9.Nisha has 3 coins of ₹5. Meera has 5 notes of ₹100. Who has less money? (a) Nisha (b) Meera
- 10.Riya gets ₹80 a week, spends ₹65 each week and saves the rest. How many rupees has Riya saved after 8 weeks?
- 11.Pooja buys 2 balloons at ₹6 each and pays ₹20. How much change does Pooja get (in ₹)?
- 12.Vivaan wants a bicycle that costs ₹3620, has ₹1580 already and saves ₹400 every week. In how many weeks will Vivaan have enough?
- 13.How many notes of ₹100 make ₹800?
- 14.Which is worth more: a ₹500 note or a ₹2 coin? (a) 2-rupee coin (b) 500-rupee note
- 15.A drawing book costs ₹17.50. Vivaan pays ₹50. How much change does Vivaan get, in rupees? =
- 16.Of a ₹43000 monthly budget, 10% goes on food and 5% on clothes. The rest is saved. What percent is saved?
- 17.Ananya has 1 note of ₹50, 3 notes of ₹10 and 2 coins of ₹2. How many rupees does Ananya have?
- 18.Tara is making a shopping list. Which of these is a need? (a) a remote-control car (b) a third cricket bat (c) medicine when ill (d) a bigger TV
- 19.How many notes of ₹50 make ₹350?
- 20.Which is worth more: a ₹1 coin or a ₹5 coin? (a) 1-rupee coin (b) 5-rupee coin
- 21.Rohan has ₹300. First Rohan pays for needs: a school uniform (₹100) and school shoes (₹50). How many rupees are left for wants?
- 22.Priya wants to save ₹4200 for a bicycle in 14 weeks, the same amount each week. How many rupees must Priya save each week?
- 23.Which is the same money as one ₹20 note? (a) three 10-rupee notes (b) four 10-rupee notes (c) two 10-rupee notes
- 24.Which is worth the most: a ₹10 coin, a ₹20 note or a ₹1 coin? (a) 10-rupee coin (b) 20-rupee note (c) 1-rupee coin
- 25.Rohan has 6 coins of ₹5 and 3 coins of ₹20. How many rupees does Rohan have?
- 26.Which is worth more: a ₹100 note or a ₹2 coin? (a) 100-rupee note (b) 2-rupee coin
- 27.A day trip costs ₹620 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
- 28.A colouring book costs ₹51. Kavya has ₹10 and ₹5. How many more rupees does Kavya need?
- 29.Rahul has ₹800 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Rahul can buy?
- 30.Ishaan has ₹15 in a piggy bank. Chacha gives Ishaan ₹6 more. How many rupees does Ishaan have now?
- 31.Shop A sells 5 samosas for ₹65. Shop B sells 2 samosas for ₹32. What does one samosa cost at the cheaper shop (in ₹)?
- 32.A pencil costs ₹4. Priya pays ₹50. How much change does Priya get (in ₹)?
- 33.One crayon box costs ₹40. A pack of 3 crayon boxes costs ₹116. How many rupees do you save by buying the pack instead of 3 single ones?
- 34.A stall pays ₹6 for each cupcake and sells each one for ₹14. It sells 13 cupcakes. What is the total profit (in ₹)?
- 35.7 mangoes cost ₹175. How much do 10 mangoes cost (in ₹)?
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36.Tara’s passbook:
Opening balance: ₹4300
Credit: ₹150
Debit: ₹100
Credit: ₹150
Credit: ₹200
What is the total of all the credits (in ₹)? - 37.Meera has 2 coins of ₹1. Gurpreet has 2 coins of ₹5. Who has more money? (a) Meera (b) Gurpreet
- 38.Manav has ₹51 in a piggy bank. Nana gives Manav ₹36 more. How many rupees does Manav have now?
- 39.₹35 − ₹15 =
- 40.Tara buys a juice box for ₹20 and a pencil for ₹5, and pays ₹50. How much change does Tara get (in ₹)?
Answer key
- 20
- 3
- 240
- Coin
- 65
- 600
- 40
- 620
- Nisha
- 120
- 8
- 6
- 8
- 500-rupee note
- 32.5
- 85
- 84
- medicine when ill
- 7
- 5-rupee coin
- 150
- 300
- two 10-rupee notes
- 20-rupee note
- 90
- 100-rupee note
- 310
- 36
- 53
- 21
- 13
- 46
- 4
- 104
- 250
- 500
- Gurpreet
- 87
- 20
- 25
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids