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.Karan’s passbook:
Opening balance: ₹4100
Credit: ₹250
Credit: ₹50
Debit: ₹500
Debit: ₹150
What is the total of all the credits (in ₹)? - 2.Diya pays a bill of ₹1850 by UPI. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 3.Ishaan has 9 coins of ₹1. Aarav has 4 notes of ₹20. Who has less money? (a) Aarav (b) Ishaan
- 4.Meera wants a storybook set that costs ₹450. Meera saves ₹90 every week. How many weeks will it take?
- 5.There are 40 children in a class. Each child needs one pen at ₹13. What is the total cost (in ₹)?
- 6.Diya has ₹600. First Diya pays for needs: a lunch box (₹110) and a raincoat (₹90). How many rupees are left for wants?
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7.Price list: banana ₹6, sharpener ₹5, crayon box ₹45, ruler ₹8.
How much do 3 sharpeners cost (in ₹)? - 8.4 plates of idli cost ₹140. What does one plate of idli cost (in ₹)?
- 9.How many notes of ₹100 make ₹400?
- 10.A toy train costs ₹260. Offer 1: 25% off. Offer 2: ₹40 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 11.Pooja had ₹88. Pooja spent ₹23 on a glue stick. How many rupees are left?
- 12.How many paise are there in ₹18?
- 13.A school bag costs ₹100. The shop gives 20% off. How many rupees is the discount?
- 14.Shop A sells a T-shirt for ₹300 with free delivery. Shop B sells it for ₹210 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 15.Sneha has 7 coins of ₹2. Saanvi has 4 notes of ₹50. How many more rupees does Saanvi have?
- 16.A 10 kg bag of rice costs ₹660. A 1 kg bag costs ₹61. How many rupees per kg do you save with the cheaper bag?
- 17.Diya buys 5 erasers at ₹3 each and pays ₹20. How much change does Diya get (in ₹)?
- 18.Sneha wants to save ₹240 for a gift for Mum in 3 weeks, the same amount each week. How many rupees must Sneha save each week?
- 19.Zoya buys a storybook for ₹130 and a water bottle for ₹185, and pays with a ₹500 note. How much change does Zoya get (in ₹)?
- 20.A study lamp costs ₹860. The shop gives 20% off. What is the sale price (in ₹)?
- 21.Kavya’s piggy bank has 3 coins of ₹20, 1 coin of ₹5 and 2 coins of ₹2. How many rupees are in it?
- 22.A drawing book costs ₹2.50. Dev pays ₹50. How much change does Dev get, in rupees? =
- 23.A raincoat costs ₹120. The shop gives 50% off. How many rupees is the discount?
- 24.Shop A sells 4 cricket balls for ₹560. Shop B sells 5 cricket balls for ₹725. What does one cricket ball cost at the cheaper shop (in ₹)?
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25.Sneha’s shop bill:
2 colour pencil sets at ₹95 each
1 lunch box at ₹300
4 notebooks at ₹35 each
What is the total bill (in ₹)? - 26.Ananya keeps ₹1300 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
- 27.Shop A sells 6 cricket balls for ₹870. Shop B sells 2 cricket balls for ₹260. Which shop is cheaper for one cricket ball? (a) Shop A (b) Shop B
- 28.Lakshmi buys 5 pens at ₹11 each and pays with a ₹500 note. How much change does Lakshmi get (in ₹)?
- 29.Arjun gets ₹300 pocket money every month. How many rupees is that in one year (12 months)?
- 30.A family plans ₹30000 for the month. 50% of it is for clothes. How many rupees is that?
- 31.Riya keeps ₹1900 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
- 32.Which is worth more: a ₹20 coin or a ₹2 coin? (a) 20-rupee coin (b) 2-rupee coin
- 33.Which is the smallest amount: ₹19, ₹87 or ₹12? (a) 19 rupees (b) 87 rupees (c) 12 rupees
- 34.Shop A sells 3 geometry boxes for ₹420. Shop B sells 2 geometry boxes for ₹170. Which shop is cheaper for one geometry box? (a) Shop A (b) Shop B
- 35.Riya has ₹1400. In a piggy bank it stays ₹1400. In a bank at 5% simple interest per year, how many rupees more will Riya have after 2 years?
- 36.A biscuit packet costs ₹11 and an ice candy costs ₹12. How many rupees more does the ice candy cost?
- 37.How many notes of ₹20 make ₹60?
- 38.Count up to find the change from ₹100: ₹90 + ₹? = ₹100
- 39.Priya sells 30 clay diyas at ₹20 each. How many rupees does Priya get?
- 40.Ananya spends ₹125 of ₹500 pocket money on books. What percent is that?
Answer key
- 300
- Debit
- Ishaan
- 5
- 520
- 400
- 15
- 35
- 4
- Offer 1
- 65
- 1800
- 20
- Shop B
- 186
- 5
- 5
- 80
- 185
- 688
- 69
- 47.5
- 60
- 140
- 630
- 1352
- Shop B
- 445
- 3600
- 15000
- 380
- 20-rupee coin
- 12 rupees
- Shop B
- 140
- 1
- 3
- 10
- 600
- 25
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids