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.How many notes of ₹20 make ₹80?
- 2.1400 paise is how many rupees? =
- 3.Ananya’s class stall spends ₹570 to make 16 greeting cards and sells all of them at ₹30 each. What is the loss (in ₹)?
- 4.There are 40 children in a class. Each child needs one pen at ₹23. What is the total cost (in ₹)?
- 5.Kavya’s class stall spends ₹125 to make 25 plates of bhel and sells all of them at ₹5 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 6.Kavya has one ₹200 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 7.Rahul has 5 coins of ₹1 and 5 coins of ₹2. How many rupees does Rahul have?
- 8.Manav got ₹760 in 8 weeks, the same amount every week. How many rupees is that each week?
- 9.Shop A sells 4 notebooks for ₹200. Shop B sells 2 notebooks for ₹60. Which shop is cheaper for one notebook? (a) Shop A (b) Shop B
- 10.Shop A sells a water bottle for ₹135 with free delivery. Shop B sells it for ₹160 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 11.Vivaan has a budget of ₹2000 for a birthday party. The snacks cost ₹330, the cake cost ₹220 and the balloons cost ₹350. How many rupees are left?
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12.Nisha’s passbook:
Opening balance: ₹4600
Credit: ₹400
Credit: ₹300
Debit: ₹350
Credit: ₹50
What is the closing balance (in ₹)? - 13.Manav buys a juice box for ₹25 and a sticker sheet for ₹6, and pays ₹50. How much change does Manav get (in ₹)?
- 14.Manav has ₹300. First Manav pays for needs: a water bottle (₹70) and school shoes (₹70). How many rupees are left for wants?
- 15.Rohan buys 5 pens at ₹22 each and pays with a ₹200 note. How much change does Rohan get (in ₹)?
- 16.What do 5 colour pencil sets at ₹60 each and 4 pens at ₹21 each cost in all (in ₹)?
- 17.Of a ₹11000 monthly budget, 40% goes on travel and 30% on electricity. The rest is saved. What percent is saved?
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18.Aditya’s shop bill:
1 mango at ₹20
3 pens at ₹21 each
2 lunch boxes at ₹165 each
What is the total bill (in ₹)? - 19.Rohan buys 2 sharpeners at ₹6 each and pays ₹20. How much change does Rohan get (in ₹)?
- 20.Meera has 6 coins of ₹1. How many rupees does Meera have?
- 21.Aarav makes 6 paper bookmarks an hour and sells each one for ₹15. How many rupees can Aarav earn from 1 hour of work?
- 22.Meera has 7 coins of ₹2. How many rupees does Meera have?
- 23.Dev wants to save ₹440 for a board game in 22 weeks, the same amount each week. How many rupees must Dev save each week?
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24.Manav’s passbook:
Opening balance: ₹4300
Debit: ₹50
Credit: ₹200
Credit: ₹50
Credit: ₹400
What is the total of all the credits (in ₹)? - 25.A yo-yo costs ₹75. Diya has ₹20 and ₹2. How many more rupees does Diya need?
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26.Vivaan’s passbook:
Opening balance: ₹3700
Debit: ₹150
Debit: ₹350
Credit: ₹500
Credit: ₹400
What is the total of all the credits (in ₹)? -
27.Rahul’s passbook:
Opening balance: ₹2900
Credit (money in): ₹150
Debit (money out): ₹350
What is the balance now (in ₹)? - 28.Isha keeps ₹1400 in a bank. After 1 year the simple interest is ₹28. What is the rate of interest per year (in %)?
- 29.Count up to find the change from ₹200: ₹118 + ₹? = ₹200
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30.Karan’s passbook:
Opening balance: ₹1400
Credit (money in): ₹400
Debit (money out): ₹?
Closing balance: ₹500
How many rupees was the debit? - 31.A T-shirt costs ₹255 online. Delivery is ₹60 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 32.7 storybooks cost ₹1260. What does one storybook cost (in ₹)?
- 33.Count up to find the change from ₹10: ₹6 + ₹? = ₹10
- 34.₹10 + ₹1 + ₹? = ₹111
- 35.Riya keeps ₹500 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
- 36.Aarav keeps ₹100 in a bank. After 2 years the simple interest is ₹6. What is the rate of interest per year (in %)?
- 37.Priya has 1 note of ₹50, 3 notes of ₹20 and 5 coins of ₹1. How many rupees does Priya have?
- 38.₹450 + ₹230 =
- 39.Rahul wants an art kit that costs ₹300. Rahul saves ₹100 every week. How many weeks will it take?
- 40.Karan buys 6 mangoes at ₹35 each and pays with a ₹500 note. How much change does Karan get (in ₹)?
Answer key
- 4
- 14
- 90
- 920
- No profit, no loss
- Note
- 15
- 95
- Shop B
- Shop A
- 1100
- 5000
- 19
- 160
- 90
- 384
- 30
- 413
- 8
- 6
- 90
- 14
- 20
- 650
- 53
- 900
- 2700
- 2
- 82
- 1300
- 305
- 180
- 4
- 100
- 50
- 3
- 115
- 680
- 3
- 290
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids