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.An eraser costs ₹5. Vivaan pays ₹10. How much change does Vivaan get (in ₹)?
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2.Diya’s passbook:
Opening balance: ₹2400
Debit: ₹500
Debit: ₹300
Credit: ₹50
Credit: ₹150
What is the closing balance (in ₹)? - 3.Joseph has 3 notes of ₹100. Sneha has 2 notes of ₹10. How many more rupees does Joseph have?
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4.Price list: sticker sheet ₹7, crayon box ₹45, eraser ₹4, glue stick ₹16.
Arjun has ₹10 and buys a sticker sheet. How many rupees are left? - 5.How many colour pencil sets can you buy with ₹900 if one costs ₹75?
- 6.Rohan has one ₹1 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 7.Joseph has 7 coins of ₹5. How many rupees does Joseph have?
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8.Price list: sticker sheet ₹7, notebook ₹35, balloon ₹5, sharpener ₹6.
Which item costs the least? (a) balloon (b) sharpener (c) sticker sheet (d) notebook -
9.Pooja’s passbook:
Opening balance: ₹4900
Debit: ₹150
Credit: ₹400
Credit: ₹300
Debit: ₹100
What is the closing balance (in ₹)? - 10.Dev is making a shopping list. Which of these is a want? (a) soap (b) school shoes (c) extra comic books (d) notebooks for school
- 11.₹160 + ₹340 =
- 12.A sticker sheet costs ₹7. Zoya pays ₹20. How much change does Zoya get (in ₹)?
- 13.Karan is making a shopping list. Which of these is a want? (a) a remote-control car (b) a warm blanket (c) milk (d) rice and dal
- 14.2 samosas cost ₹38. How much do 6 samosas cost (in ₹)?
- 15.Ananya has 1 note of ₹100 and 4 notes of ₹20. How many rupees does Ananya have?
- 16.5 samosas cost ₹100. What does one samosa cost (in ₹)?
- 17.Saanvi has ₹55 in a piggy bank. Dadi gives Saanvi ₹8 more. How many rupees does Saanvi have now?
- 18.Priya’s class stall spends ₹280 to make 14 clay diyas and sells all of them at ₹30 each. What is the profit (in ₹)?
- 19.A water bottle costs ₹140. The shop gives 25% off. What is the sale price (in ₹)?
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20.Price list: ice candy ₹13, samosa ₹10, eraser ₹3, notebook ₹45.
How much do a notebook and an eraser cost together (in ₹)? - 21.₹21 + ₹20 + ₹18 =
- 22.6 cricket balls cost ₹660. What does one cricket ball cost (in ₹)?
- 23.Vivaan buys 2 balloons at ₹9 each and pays ₹20. How much change does Vivaan get (in ₹)?
- 24.Count up to find the change from ₹10: ₹9 + ₹? = ₹10
- 25.Count up to find the change from ₹50: ₹10 + ₹? = ₹50
- 26.One crayon box costs ₹45. A pack of 3 crayon boxes costs ₹132. How many rupees do you save by buying the pack instead of 3 single ones?
- 27.9 geometry boxes cost ₹855. How much do 4 geometry boxes cost (in ₹)?
- 28.Which is the same money as one ₹50 note? (a) five 10-rupee notes (b) three 10-rupee notes (c) two 10-rupee notes
- 29.A family plans ₹42000 for the month. 20% of it is for food. How many rupees is that?
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30.Price list: balloon ₹9, crayon box ₹50, samosa ₹16, kite ₹15.
How many rupees more does a crayon box cost than a balloon? - 31.Tara spends ₹280 to start a stall and sells each paper bookmark for ₹5. What is the smallest number Tara must sell to get back the ₹280?
- 32.Farhan sells 41 friendship bands at ₹5 each. How many rupees does Farhan get?
- 33.For Lakshmi, is “a remote-control car” a need or a want? (a) Want (b) Need
- 34.How many paise are there in ₹4?
- 35.Shop A sells 3 cricket balls for ₹420. Shop B sells 2 cricket balls for ₹250. Which shop is cheaper for one cricket ball? (a) Shop B (b) Shop A
- 36.Of a ₹47000 monthly budget, 50% goes on travel and 5% on food. The rest is saved. What percent is saved?
- 37.Farhan wants a cricket bat that costs ₹425, has ₹180 already and saves ₹30 every week. In how many weeks will Farhan have enough?
- 38.A storybook costs ₹54. Kabir has ₹5 and ₹5. How many more rupees does Kabir need?
- 39.Kavya wants to save ₹630 for a cricket bat in 21 weeks, the same amount each week. How many rupees must Kavya save each week?
- 40.4 friends run a stall selling cups of lemonade and make a profit of ₹600. They share it equally. How many rupees does each friend get?
Answer key
- 5
- 1800
- 280
- 3
- 12
- Coin
- 35
- balloon
- 5350
- extra comic books
- 500
- 13
- a remote-control car
- 114
- 180
- 20
- 63
- 140
- 105
- 48
- 59
- 110
- 2
- 1
- 40
- 3
- 380
- five 10-rupee notes
- 8400
- 41
- 56
- 205
- Want
- 400
- Shop B
- 45
- 9
- 44
- 30
- 150
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids