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 paise are there in ₹6?
- 2.Of a ₹16000 monthly budget, 25% goes on electricity and 5% on travel. The rest is saved. How many rupees are saved?
- 3.A 2 kg bag of potatoes costs ₹46. A 1 kg bag costs ₹35. Which bag is cheaper per kg? (a) 2 kg bag (b) 1 kg bag
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4.Kavya’s shop bill:
3 footballs at ₹270 each
4 samosas at ₹12 each
3 pairs of socks at ₹85 each
What is the total bill (in ₹)? - 5.A family plans ₹23000 for the month. 50% of it is for travel. How many rupees is that?
- 6.Which is worth more: a ₹5 coin or a ₹20 note? (a) 5-rupee coin (b) 20-rupee note
- 7.Lakshmi gets ₹30 a week, spends ₹10 each week and saves the rest. How many rupees has Lakshmi saved after 2 weeks?
- 8.One lunch box costs ₹190. How much do 8 lunch boxes cost (in ₹)?
- 9.Kabir has ₹1700. In a piggy bank it stays ₹1700. In a bank at 9% simple interest per year, how many rupees more will Kabir have after 1 year?
- 10.Of a ₹47000 monthly budget, 50% goes on school fees and 40% on clothes. The rest is saved. What percent is saved?
- 11.Farhan’s piggy bank has 3 coins of ₹10, 3 coins of ₹5 and 1 coin of ₹1. How many rupees are in it?
- 12.A 10 kg bag of wheat flour costs ₹380. A 5 kg bag costs ₹240. How many rupees per kg do you save with the cheaper bag?
- 13.Which coins and notes make exactly ₹16? (a) 10 + 5 + 1 (b) 5 + 5 + 1 (c) 20 + 10 + 1
- 14.Pooja’s class stall spends ₹180 to make 10 plates of bhel and sells all of them at ₹20 each. What is the profit (in ₹)?
- 15.Rohan saves ₹70 every week for 5 weeks, then buys a storybook set for ₹140. How many rupees are left?
- 16.Manav buys a pen for ₹11 and a notebook for ₹55, and pays with a ₹500 note. How much change does Manav get (in ₹)?
- 17.Tara has 2 notes of ₹20. Farhan has 4 coins of ₹1. How many more rupees does Tara have?
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18.Price list: juice box ₹20, sharpener ₹7, samosa ₹11, toffee ₹2.
How many rupees more does a samosa cost than a toffee? - 19.Shop A sells 4 plates of idli for ₹240. Shop B sells 2 plates of idli for ₹70. Which shop is cheaper for one plate of idli? (a) Shop A (b) Shop B
- 20.Count up to find the change from ₹50: ₹18 + ₹? = ₹50
- 21.₹44 − ₹37 =
- 22.Nisha has ₹820 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Nisha can buy?
- 23.Arjun has 6 notes of ₹10. Rohan has 3 coins of ₹1. How many more rupees does Arjun have?
- 24.Ananya buys a colour pencil set for ₹90 and a geometry box for ₹125, and pays with a ₹500 note. How much change does Ananya get (in ₹)?
- 25.What do 5 water bottles at ₹210 each and 5 pairs of socks at ₹55 each cost in all (in ₹)?
- 26.Rahul’s class stall spends ₹440 to make 26 cupcakes and sells all of them at ₹25 each. What is the profit (in ₹)?
- 27.1300 paise is how many rupees? =
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28.Karan’s passbook:
Opening balance: ₹3300
Credit: ₹350
Credit: ₹100
Debit: ₹50
Debit: ₹50
What is the total of all the debits (in ₹)? - 29.How many notes of ₹200 make ₹600?
- 30.Meera has 5 notes of ₹20 and 2 notes of ₹10. How many rupees does Meera have?
- 31.Zoya buys a storybook (₹140), a pen (₹17), a mango (₹30) and a badminton racket (₹460). What is the total (in ₹)?
- 32.Meera buys a mango for ₹40 and pays with a ₹100 note. How much change does Meera get (in ₹)?
- 33.A family plans ₹37000 for the month. 5% of it is for food. How many rupees is that?
- 34.One samosa costs ₹13. A pack of 3 samosas costs ₹36. How many rupees do you save by buying the pack instead of 3 single ones?
- 35.Priya gets a link: “Click now to win a phone worth ₹50000!” What should Priya do? (a) Ignore it, tell a parent (b) Send it to friends (c) Click it to win
- 36.Shop A sells 6 pairs of socks for ₹540. Shop B sells 5 pairs of socks for ₹250. What does one pair of socks cost at the cheaper shop (in ₹)?
- 37.Rohan keeps ₹700 in a bank. After 5 years the simple interest is ₹175. What is the rate of interest per year (in %)?
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38.Price list: glue stick ₹20, toffee ₹2, pencil ₹3, notebook ₹35.
How many rupees more does a notebook cost than a glue stick? - 39.Lakshmi is making a shopping list. Which of these is a want? (a) school shoes (b) a third cricket bat (c) vegetables (d) rice and dal
- 40.Gurpreet has one ₹1 piece of money. Is it a coin or a note? (a) Note (b) Coin
Answer key
- 600
- 11200
- 2 kg bag
- 1113
- 11500
- 20-rupee note
- 40
- 1520
- 153
- 10
- 46
- 10
- 10 + 5 + 1
- 20
- 210
- 434
- 36
- 9
- Shop B
- 32
- 7
- 54
- 57
- 285
- 1325
- 210
- 13
- 100
- 3
- 120
- 647
- 60
- 1850
- 3
- Ignore it, tell a parent
- 50
- 5
- 15
- a third cricket bat
- Coin
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids