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.Aditya had ₹64. Aditya spent ₹11 on a sticker sheet. How many rupees are left?
- 2.Farhan wants a gift for Mum that costs ₹420. Farhan saves ₹70 every week. How many weeks will it take?
- 3.Which is the smallest amount: ₹51, ₹40 or ₹12? (a) 51 rupees (b) 12 rupees (c) 40 rupees
- 4.Ananya has 2 notes of ₹50, 4 notes of ₹20 and 5 coins of ₹5. How many rupees does Ananya have?
- 5.Shop A sells 5 cricket balls for ₹625. Shop B sells 3 cricket balls for ₹450. Which shop is cheaper for one cricket ball? (a) Shop A (b) Shop B
- 6.A pair of shoes costs ₹480. Offer 1: 50% off. Offer 2: ₹50 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 7.₹67 − ₹35 =
- 8.₹5 − ₹4.50 =
- 9.Meera is making a shopping list. Which of these is a want? (a) medicine when ill (b) a school uniform (c) rice and dal (d) a fancy phone cover
- 10.Sneha has 5 coins of ₹5 and 6 coins of ₹2. How many rupees does Sneha have?
- 11.Farhan has one ₹5 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 12.Saanvi’s piggy bank has 2 coins of ₹10, 2 coins of ₹5 and 3 coins of ₹2. How many rupees are in it?
- 13.Dev has 7 coins of ₹10. How many rupees does Dev have?
- 14.Rahul has 5 notes of ₹50. How many rupees does Rahul have?
- 15.Kavya keeps ₹900 in a bank. After 1 year the simple interest is ₹45. What is the rate of interest per year (in %)?
- 16.Diya’s class stall spends ₹320 to make 37 cups of lemonade and sells all of them at ₹15 each. What is the profit (in ₹)?
- 17.A paint box costs ₹59. Aarav has ₹10 and ₹2. How many more rupees does Aarav need?
- 18.Saanvi has 6 coins of ₹1. How many rupees does Saanvi have?
- 19.5 notebooks cost ₹200. How much do 7 notebooks cost (in ₹)?
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20.Gurpreet’s passbook:
Opening balance: ₹1600
Credit (money in): ₹200
Debit (money out): ₹?
Closing balance: ₹1650
How many rupees was the debit? - 21.Meera buys 5 erasers at ₹3 each and pays ₹50. How much change does Meera get (in ₹)?
- 22.₹9.50 − ₹5.50 =
- 23.What do 3 plates of idli at ₹50 each and 3 mangoes at ₹25 each cost in all (in ₹)?
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24.Kabir’s passbook:
Opening balance: ₹3100
Debit: ₹300
Debit: ₹200
Debit: ₹50
Credit: ₹350
What is the total of all the credits (in ₹)? - 25.Rohan got ₹480 in 8 weeks, the same amount every week. How many rupees is that each week?
- 26.Priya has 2 coins of ₹1. Ananya has 6 notes of ₹10. How many more rupees does Ananya have?
- 27.Rohan had ₹52. Rohan spent ₹4 on a banana. How many rupees are left?
- 28.How many notes of ₹100 make ₹600?
- 29.Dev has ₹8. A sharpener costs ₹4. Does Dev have enough money to buy it? (a) No (b) Yes
- 30.₹12.50 − ₹3.50 =
- 31.Saanvi’s piggy bank has 3 coins of ₹20, 1 coin of ₹10 and 5 coins of ₹1. How many rupees are in it?
- 32.Saanvi has 1 note of ₹20 and 1 note of ₹10. How many rupees does Saanvi have?
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33.Zoya’s passbook:
Opening balance: ₹4900
Debit: ₹300
Credit: ₹250
Debit: ₹450
Credit: ₹150
What is the closing balance (in ₹)? -
34.Vivaan’s passbook:
Opening balance: ₹4400
Credit: ₹450
Debit: ₹50
Debit: ₹400
Debit: ₹300
What is the closing balance (in ₹)? - 35.How many notes of ₹50 make ₹150?
- 36.Rahul has 5 coins of ₹1 and 2 coins of ₹5. How many rupees does Rahul have?
- 37.₹2 + ₹10 + ₹? = ₹32
- 38.Zoya buys 5 bananas at ₹4 each and pays ₹50. How much change does Zoya get (in ₹)?
- 39.₹8.50 − ₹4 =
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40.Lakshmi’s passbook:
Opening balance: ₹2000
Debit: ₹50
Debit: ₹350
Debit: ₹50
Credit: ₹500
What is the total of all the credits (in ₹)?
Answer key
- 53
- 6
- 12 rupees
- 205
- Shop A
- Offer 1
- 32
- 0.5
- a fancy phone cover
- 37
- Coin
- 36
- 70
- 250
- 5
- 235
- 47
- 6
- 280
- 150
- 35
- 4
- 225
- 350
- 60
- 58
- 48
- 6
- Yes
- 9
- 75
- 30
- 4550
- 4100
- 3
- 15
- 20
- 30
- 4.5
- 500
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids