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.Ananya has 2 notes of ₹20. How many rupees does Ananya have?
- 2.Which is worth more: a ₹500 note or a ₹50 note? (a) 50-rupee note (b) 500-rupee note
- 3.A cricket bat costs ₹460. The shop gives 50% off. How many rupees is the discount?
- 4.An eraser costs ₹3. Riya pays ₹20. How much change does Riya get (in ₹)?
- 5.Meera has ₹700. First Meera pays for needs: a raincoat (₹190) and school shoes (₹80). How many rupees are left for wants?
- 6.What do 3 colour pencil sets at ₹65 each and 2 cricket balls at ₹115 each cost in all (in ₹)?
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7.Price list: crayon box ₹30, balloon ₹7, ice candy ₹11, banana ₹4.
Kavya has ₹20 and buys a balloon. How many rupees are left? - 8.A 1 kg bag of potatoes costs ₹27. A 2 kg bag costs ₹74. Which bag is cheaper per kg? (a) 2 kg bag (b) 1 kg bag
- 9.Isha’s class stall spends ₹90 to make 22 cups of lemonade and sells all of them at ₹5 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
- 10.How many paise are there in ₹9?
- 11.How many paise are there in ₹3?
- 12.Manav gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Manav do? (a) Read the OTP out (b) Send it by message (c) Never share the OTP
- 13.Ishaan keeps ₹200 in a bank at 4% simple interest per year. How much money will there be after 5 years (in ₹)?
- 14.Ishaan has 3 notes of ₹200 and 4 notes of ₹20. How many rupees does Ishaan have?
- 15.Nisha had ₹44. Nisha spent ₹4 on a sharpener. How many rupees are left?
- 16.A pair of shoes costs ₹740. The shop gives 20% off. How many rupees is the discount?
- 17.Which coins and notes make exactly ₹27? (a) 5 + 2 + 1 (b) 20 + 5 + 2 (c) 20 + 2 + 1
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18.Rahul’s shop bill:
1 storybook at ₹115
4 mangoes at ₹35 each
4 water bottles at ₹190 each
What is the total bill (in ₹)? - 19.Nisha has a budget of ₹1000 for a birthday party. The snacks cost ₹130, the balloons cost ₹70 and the decorations cost ₹170. How many rupees are left?
- 20.Karan has 6 notes of ₹50. Kabir has 6 notes of ₹20. Who has more money? (a) Karan (b) Kabir
- 21.Shop A sells 2 mangoes for ₹50. Shop B sells 4 mangoes for ₹140. Which shop is cheaper for one mango? (a) Shop A (b) Shop B
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22.Arjun’s passbook:
Opening balance: ₹2500
Credit (money in): ₹500
Debit (money out): ₹1350
What is the balance now (in ₹)? - 23.After 10% off, a study lamp costs ₹882. What was the price before the sale (in ₹)?
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24.Aarav’s passbook:
Opening balance: ₹4300
Credit (money in): ₹1000
Debit (money out): ₹?
Closing balance: ₹3150
How many rupees was the debit? - 25.A hair clip costs ₹3.50. Rahul pays ₹10. How much change does Rahul get, in rupees? =
- 26.Which coins and notes make exactly ₹16? (a) 10 + 10 + 5 (b) 5 + 2 + 1 (c) 10 + 5 + 1
- 27.Ishaan buys a badminton racket (₹560), a mango (₹25), a pair of socks (₹75) and a football (₹390). What is the total (in ₹)?
- 28.Which coins and notes make exactly ₹72? (a) 50 + 20 + 2 (b) 100 + 50 + 20 (c) 20 + 20 + 2
- 29.Joseph gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Joseph do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
- 30.Isha buys a geometry box for ₹90 and pays with a ₹100 note. How much change does Isha get (in ₹)?
- 31.A day trip costs ₹1770 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
- 32.Kavya sells 11 paper bookmarks at ₹10 each. How many rupees does Kavya get?
- 33.There are 40 children in a class. Each child needs one mango at ₹30. What is the total cost (in ₹)?
- 34.Zoya has ₹840 for return gifts. Each gift costs ₹40. What is the greatest number of gifts Zoya can buy?
- 35.Kavya gets ₹40 pocket money every week. How many rupees is that in 9 weeks?
- 36.Kabir’s piggy bank has 2 coins of ₹20, 5 coins of ₹2 and 2 coins of ₹1. How many rupees are in it?
- 37.Isha buys a sharpener for ₹9 and a ruler for ₹15, and pays ₹50. How much change does Isha get (in ₹)?
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38.Price list: biscuit packet ₹18, eraser ₹5, ice candy ₹13, samosa ₹12.
How much do 3 samosas cost (in ₹)? - 39.Meera spends ₹230 on things to make 42 clay diyas and sells them all at ₹10 each. How many rupees does Meera earn after paying the costs?
- 40.Kabir buys 4 sharpeners at ₹9 each and pays ₹50. How much change does Kabir get (in ₹)?
Answer key
- 40
- 500-rupee note
- 230
- 17
- 430
- 425
- 13
- 1 kg bag
- Profit
- 900
- 300
- Never share the OTP
- 240
- 680
- 40
- 148
- 20 + 5 + 2
- 1015
- 630
- Karan
- Shop A
- 1650
- 980
- 2150
- 6.5
- 10 + 5 + 1
- 1050
- 50 + 20 + 2
- Never share the OTP
- 10
- 590
- 110
- 1200
- 21
- 360
- 52
- 26
- 36
- 190
- 14
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids