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.Of a ₹16000 monthly budget, 5% goes on clothes and 30% on rent. The rest is saved. How many rupees are saved?
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2.Isha’s shop bill:
3 colour pencil sets at ₹60 each
3 plates of idli at ₹35 each
3 samosas at ₹19 each
What is the total bill (in ₹)? - 3.Gurpreet is making a shopping list. Which of these is a want? (a) toothpaste (b) a schoolbag (c) a third cricket bat (d) rice and dal
- 4.Count up to find the change from ₹500: ₹142 + ₹? = ₹500
- 5.Sneha has ₹22. A glue stick costs ₹17. Does Sneha have enough money to buy it? (a) No (b) Yes
- 6.Tara has ₹1000. First Tara pays for needs: a water bottle (₹130) and a geometry box (₹220). How many rupees are left for wants?
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7.Price list: biscuit packet ₹20, samosa ₹17, sticker sheet ₹8, crayon box ₹45.
How much do a samosa and a biscuit packet cost together (in ₹)? - 8.How many coins of ₹5 does Tara need to make ₹10?
- 9.Manav has a budget of ₹2000 for a birthday party. The decorations cost ₹230, the cake cost ₹190 and the balloons cost ₹50. How many rupees are left?
- 10.Diya wants a bicycle that costs ₹2920, has ₹370 already and saves ₹250 every week. In how many weeks will Diya have enough?
- 11.Sneha gets ₹250 pocket money every month. How many rupees is that in one year (12 months)?
- 12.A family plans ₹5000 for the month. 25% of it is for rent. How many rupees is that?
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13.Karan’s passbook:
Opening balance: ₹1700
Credit (money in): ₹200
Debit (money out): ₹?
Closing balance: ₹750
How many rupees was the debit? - 14.Shop A sells a water bottle for ₹195 with free delivery. Shop B sells it for ₹150 plus ₹80 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 15.Priya sells 23 paper bookmarks at ₹5 each. How many rupees does Priya get?
- 16.Saanvi buys 4 erasers at ₹2 each and pays ₹20. How much change does Saanvi get (in ₹)?
- 17.Which coins and notes make exactly ₹111? (a) 100 + 10 + 1 (b) 20 + 10 + 1 (c) 10 + 10 + 1
- 18.Isha buys a toffee for ₹3 and a balloon for ₹8. How many rupees does Isha spend in all?
- 19.Farhan buys 3 samosas at ₹14 each and pays with a ₹200 note. How much change does Farhan get (in ₹)?
- 20.How many paise are there in ₹4?
- 21.What do 4 water bottles at ₹150 each and 2 cricket balls at ₹110 each cost in all (in ₹)?
- 22.A day trip costs ₹2200 in all. 5 friends share the cost equally. How much does each friend pay (in ₹)?
- 23.Meera buys a ruler for ₹9 and a sticker sheet for ₹11, and pays ₹50. How much change does Meera get (in ₹)?
- 24.Which is the same money as one ₹100 note? (a) four 20-rupee notes (b) five 20-rupee notes (c) two 20-rupee notes
- 25.Which is the smallest amount: ₹69, ₹88 or ₹72? (a) 72 rupees (b) 69 rupees (c) 88 rupees
- 26.Joseph gets ₹1500 interest from the bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 27.A message says Rahul has won ₹1000. It asks for the UPI PIN to send the prize. What is true? (a) Prizes need your PIN (b) Enter the PIN quickly (c) No PIN to receive money
- 28.Isha buys 4 bananas at ₹8 each and pays ₹50. How much change does Isha get (in ₹)?
- 29.Lakshmi buys a water bottle for ₹235 and a lunch box for ₹195, and pays with a ₹500 note. How much change does Lakshmi get (in ₹)?
- 30.Priya has ₹3. A balloon costs ₹5. Does Priya have enough money to buy it? (a) Yes (b) No
- 31.Isha wants a gift for Mum that costs ₹490. Isha saves ₹70 every week. How many weeks will it take?
- 32.A water bottle costs ₹250 online. Delivery is ₹30 and a coupon takes ₹40 off. What is the final price (in ₹)?
- 33.Which coins and notes make exactly ₹115? (a) 100 + 50 + 5 (b) 20 + 10 + 5 (c) 100 + 10 + 5
- 34.Which is the same money as one ₹10 note? (a) two 5-rupee coins (b) three 5-rupee coins (c) six 5-rupee coins
- 35.Which is the same money as one ₹500 note? (a) two 100-rupee notes (b) six 100-rupee notes (c) five 100-rupee notes
- 36.How many notes of ₹20 make ₹40?
- 37.₹? + ₹5 + ₹20 = ₹75
- 38.Lakshmi buys 2 notebooks at ₹45 each and pays with a ₹100 note. How much change does Lakshmi get (in ₹)?
- 39.Pooja has 4 notes of ₹100 and 3 notes of ₹20. How many rupees does Pooja have?
- 40.Karan has 2 notes of ₹50, 3 notes of ₹20 and 1 coin of ₹1. How many rupees does Karan have?
Answer key
- 10400
- 342
- a third cricket bat
- 358
- Yes
- 650
- 37
- 2
- 1530
- 11
- 3000
- 1250
- 1150
- Shop A
- 115
- 12
- 100 + 10 + 1
- 11
- 158
- 400
- 820
- 440
- 30
- five 20-rupee notes
- 69 rupees
- Credit
- No PIN to receive money
- 18
- 70
- No
- 7
- 240
- 100 + 10 + 5
- two 5-rupee coins
- five 100-rupee notes
- 2
- 50
- 10
- 460
- 161
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids