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.Which is the same money as one ₹20 note? (a) four 10-rupee notes (b) three 10-rupee notes (c) two 10-rupee notes
- 2.One sticker sheet costs ₹11. A pack of 3 sticker sheets costs ₹30. How many rupees do you save by buying the pack instead of 3 single ones?
-
3.Karan’s shop bill:
1 plate of idli at ₹50
1 badminton racket at ₹355
3 cricket balls at ₹140 each
What is the total bill (in ₹)? -
4.Farhan’s passbook:
Opening balance: ₹4800
Debit: ₹300
Debit: ₹400
Debit: ₹300
Credit: ₹100
What is the closing balance (in ₹)? - 5.₹73 − ₹31 =
-
6.Price list: ruler ₹10, kite ₹16, juice box ₹30, sharpener ₹7.
How much do 2 kites cost (in ₹)? - 7.Shop A sells 6 plates of idli for ₹300. Shop B sells 2 plates of idli for ₹60. What does one plate of idli cost at the cheaper shop (in ₹)?
- 8.Kavya has ₹580 for return gifts. Each gift costs ₹40. What is the greatest number of gifts Kavya can buy?
- 9.A colouring book costs ₹90. Isha has ₹5 and ₹5. How many more rupees does Isha need?
- 10.How many coins of ₹2 does Meera need to make ₹14?
- 11.What do 3 geometry boxes at ₹135 each and 5 lunch boxes at ₹210 each cost in all (in ₹)?
- 12.Aarav buys a notebook (₹30), a badminton racket (₹475), a samosa (₹20) and a cricket ball (₹125). What is the total (in ₹)?
- 13.Sneha has 1 note of ₹50 and 3 notes of ₹10. How many rupees does Sneha have?
- 14.A pencil costs ₹3. Meera pays ₹10. How much change does Meera get (in ₹)?
- 15.Which is the smallest amount: ₹65, ₹18 or ₹97? (a) 97 rupees (b) 18 rupees (c) 65 rupees
- 16.Shop A sells 3 geometry boxes for ₹270. Shop B sells 2 geometry boxes for ₹160. Which shop is cheaper for one geometry box? (a) Shop B (b) Shop A
- 17.Kabir has 8 coins of ₹2. Manav has 7 notes of ₹50. How many more rupees does Manav have?
- 18.Kabir’s class stall spends ₹150 to make 14 cups of lemonade and sells all of them at ₹15 each. What is the profit (in ₹)?
- 19.Rohan wants to save ₹360 for a storybook set in 6 weeks, the same amount each week. How many rupees must Rohan save each week?
- 20.Rahul’s mother scans a shop’s QR code to pay ₹5000. What should she check before she pays? (a) Nothing, just pay (b) The colour of the code (c) The name of the shop
- 21.Of a ₹42000 monthly budget, 40% goes on school fees and 50% on rent. The rest is saved. How many rupees are saved?
- 22.Pooja has 7 notes of ₹20. How many rupees does Pooja have?
- 23.Isha spends ₹550 on things to make 29 cupcakes and sells them all at ₹20 each. How many rupees does Isha earn after paying the costs?
- 24.8 mangoes cost ₹200. What does one mango cost (in ₹)?
- 25.Karan’s class stall spends ₹80 to make 14 greeting cards and sells all of them at ₹10 each. What is the profit (in ₹)?
- 26.Aditya’s mother has ₹2800 in her bank account. She pays ₹400 for fruit and ₹60 for vegetables by UPI. How many rupees are left in the account?
- 27.Manav gets ₹55 pocket money every week. How many rupees is that in 2 weeks?
- 28.Ananya’s mother scans a shop’s QR code to pay ₹500. What should she check before she pays? (a) The colour of the code (b) Nothing, just pay (c) The name of the shop
- 29.Isha gets ₹11 every day. How many rupees is that in one week (7 days)?
- 30.Of a ₹34000 monthly budget, 25% goes on rent and 50% on electricity. The rest is saved. What percent is saved?
- 31.Arjun has ₹400. First Arjun pays for needs: a lunch box (₹90) and a school uniform (₹60). How many rupees are left for wants?
-
32.Diya’s shop bill:
2 plates of idli at ₹35 each
1 school bag at ₹795
1 pen at ₹23
What is the total bill (in ₹)? - 33.Shop A sells a T-shirt for ₹305 with free delivery. Shop B sells it for ₹395 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 34.Riya’s class stall spends ₹240 to make 30 greeting cards and sells all of them at ₹5 each. What is the loss (in ₹)?
-
35.Rohan’s passbook:
Opening balance: ₹1400
Credit (money in): ₹1000
Debit (money out): ₹200
What is the balance now (in ₹)? - 36.Ananya’s class stall spends ₹190 to make 20 friendship bands and sells all of them at ₹10 each. What is the profit (in ₹)?
- 37.For Rahul, is “toothpaste” a need or a want? (a) Need (b) Want
- 38.A raincoat costs ₹760. Offer 1: 25% off. Offer 2: ₹90 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 39.₹13.50 + ₹12.50 =
-
40.Zoya’s passbook:
Opening balance: ₹4500
Credit (money in): ₹100
Debit (money out): ₹1250
What is the balance now (in ₹)?
Answer key
- two 10-rupee notes
- 3
- 825
- 3900
- 42
- 32
- 30
- 14
- 80
- 7
- 1455
- 650
- 80
- 7
- 18 rupees
- Shop B
- 334
- 60
- 60
- The name of the shop
- 4200
- 140
- 30
- 25
- 60
- 2340
- 110
- The name of the shop
- 77
- 25
- 250
- 888
- Shop A
- 90
- 2200
- 10
- Need
- Offer 1
- 26
- 3350
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids