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 ₹20 coins make a ₹200 note?
- 2.Which is the same money as one ₹200 note? (a) two 50-rupee notes (b) four 50-rupee notes (c) six 50-rupee notes
- 3.9 pens cost ₹153. What does one pen cost (in ₹)?
- 4.Count up to find the change from ₹10: ₹7 + ₹? = ₹10
- 5.Count up to find the change from ₹500: ₹443 + ₹? = ₹500
- 6.Which is worth more: a ₹500 note or a ₹5 coin? (a) 5-rupee coin (b) 500-rupee note
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7.Price list: banana ₹6, ruler ₹9, biscuit packet ₹18, eraser ₹3.
Kavya has ₹20 and buys an eraser. How many rupees are left? - 8.What is the smallest number of coins and notes that make ₹124?
- 9.Rahul wants to save ₹270 for a board game in 9 weeks, the same amount each week. How many rupees must Rahul save each week?
- 10.Which is worth the most: a ₹1 coin, a ₹50 note or a ₹2 coin? (a) 1-rupee coin (b) 2-rupee coin (c) 50-rupee note
- 11.How many notes of ₹20 make ₹80?
- 12.For Sneha, is “rice and dal” a need or a want? (a) Want (b) Need
- 13.Ishaan has ₹24. A juice box costs ₹25. Does Ishaan have enough money to buy it? (a) No (b) Yes
- 14.₹7.50 + ₹6.50 =
- 15.A dozen (12) eggs cost ₹72. What does one cost (in ₹)?
- 16.Saanvi buys a pencil for ₹5 and a crayon box for ₹45. How many rupees does Saanvi spend in all?
- 17.₹500 earns 4% simple interest per year. In how many years will the interest be ₹40?
- 18.Meera is making a shopping list. Which of these is a need? (a) a fancy phone cover (b) a bigger TV (c) drinking water (d) extra comic books
- 19.Saanvi’s mother has ₹1700 in her bank account. She pays ₹70 for milk and ₹50 for school books by UPI. How many rupees are left in the account?
- 20.₹820 − ₹710 =
- 21.17 children go on a school trip to the planetarium. The bus costs ₹30 for each child and the ticket costs ₹10 for each child. What is the total cost (in ₹)?
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22.Price list: eraser ₹4, ruler ₹14, ice candy ₹11, sharpener ₹6.
How much do an eraser and a sharpener cost together (in ₹)? - 23.A family plans ₹9000 for the month. 30% of it is for electricity. How many rupees is that?
- 24.Saanvi has 2 notes of ₹200, 1 note of ₹10 and 1 coin of ₹1. How many rupees does Saanvi have?
- 25.Which is worth more: a ₹200 note or a ₹100 note? (a) 200-rupee note (b) 100-rupee note
- 26.Riya has 5 coins of ₹5. Saanvi has 3 notes of ₹50. How many more rupees does Saanvi have?
- 27.Aarav has 4 coins of ₹1 and 4 coins of ₹10. How many rupees does Aarav have?
- 28.Ananya gets ₹50 a week, spends ₹45 each week and saves the rest. How many rupees has Ananya saved after 2 weeks?
- 29.Nisha gets ₹27 every day. How many rupees is that in one week (7 days)?
- 30.Kabir had ₹34. Kabir spent ₹13 on a ruler. How many rupees are left?
- 31.There are 19 children in a class. Each child needs one plate of idli at ₹50. What is the total cost (in ₹)?
- 32.Joseph buys a mango for ₹25 and pays with a ₹100 note. How much change does Joseph get (in ₹)?
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33.Aarav’s passbook:
Opening balance: ₹3400
Debit: ₹450
Debit: ₹400
Credit: ₹400
Credit: ₹150
What is the total of all the debits (in ₹)? - 34.Sneha keeps ₹500 in a bank. After 1 year the simple interest is ₹50. What is the rate of interest per year (in %)?
- 35.Pooja gets ₹90 pocket money every week. How many rupees is that in 8 weeks?
- 36.Pooja’s mother has ₹2600 in her bank account. She pays ₹380 for a gas cylinder and ₹300 for bread by UPI. How many rupees are left in the account?
- 37.Kavya has 6 coins of ₹1. Diya has 5 notes of ₹10. Who has less money? (a) Kavya (b) Diya
- 38.A stall pays ₹5 for each clay diya and sells each one for ₹15. It sells 26 clay diyas. What is the total profit (in ₹)?
- 39.Vivaan has ₹23. A samosa costs ₹19. Does Vivaan have enough money to buy it? (a) Yes (b) No
- 40.Of a ₹26000 monthly budget, 40% goes on electricity and 5% on school fees. The rest is saved. What percent is saved?
Answer key
- 10
- four 50-rupee notes
- 17
- 3
- 57
- 500-rupee note
- 17
- 4
- 30
- 50-rupee note
- 4
- Need
- No
- 14
- 6
- 50
- 2
- drinking water
- 1580
- 110
- 680
- 10
- 2700
- 411
- 200-rupee note
- 125
- 44
- 10
- 189
- 21
- 950
- 75
- 850
- 10
- 720
- 1920
- Kavya
- 260
- Yes
- 55
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids