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.The bill for a football and a pair of socks is ₹540. A football costs ₹450. What does the pair of socks cost (in ₹)?
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2.Karan’s passbook:
Opening balance: ₹3700
Debit: ₹150
Debit: ₹400
Debit: ₹200
Credit: ₹500
What is the total of all the credits (in ₹)? - 3.A family plans ₹24000 for the month. 40% of it is for electricity. How many rupees is that?
- 4.Which coins and notes make exactly ₹61? (a) 20 + 10 + 1 (b) 50 + 10 + 1 (c) 10 + 5 + 1
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5.Aarav’s passbook:
Opening balance: ₹2700
Credit (money in): ₹650
Debit (money out): ₹?
Closing balance: ₹2650
How many rupees was the debit? - 6.How many notes of ₹20 make ₹60?
- 7.A 10 kg bag of sugar costs ₹440. A 5 kg bag costs ₹240. How many rupees per kg do you save with the cheaper bag?
- 8.1550 paise is how many rupees? =
- 9.Diya has 4 notes of ₹20 and 2 notes of ₹10. How many rupees does Diya have?
- 10.How many coins of ₹20 does Karan need to make ₹40?
- 11.Karan’s class stall spends ₹320 to make 35 cupcakes and sells all of them at ₹10 each. What is the profit (in ₹)?
- 12.Which coins and notes make exactly ₹125? (a) 100 + 20 + 5 (b) 100 + 5 + 2 (c) 100 + 20 + 10
- 13.Kavya has ₹1000 for a picnic. Food costs ₹290 and tickets cost ₹630. Is ₹1000 enough? (a) No (b) Yes
- 14.Nisha’s piggy bank has 2 coins of ₹20, 3 coins of ₹5 and 5 coins of ₹1. How many rupees are in it?
- 15.After 20% off, a study lamp costs ₹432. What was the price before the sale (in ₹)?
- 16.One ice candy costs ₹9. A pack of 3 ice candies costs ₹25. How many rupees do you save by buying the pack instead of 3 single ones?
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17.Rahul’s shop bill:
3 cricket balls at ₹110 each
1 geometry box at ₹105
1 badminton racket at ₹460
What is the total bill (in ₹)? - 18.Rohan sees that ₹5000 was sent to a wrong number by mistake. What should Rohan do first? (a) Keep it a secret (b) Pay again to fix it (c) Tell a parent at once
- 19.Joseph’s class stall spends ₹230 to make 14 greeting cards and sells all of them at ₹15 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
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20.Manav’s passbook:
Opening balance: ₹3800
Credit: ₹400
Debit: ₹450
Credit: ₹50
Debit: ₹300
What is the closing balance (in ₹)? - 21.2 pens cost ₹36. What does one pen cost (in ₹)?
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22.Price list: ice candy ₹8, sticker sheet ₹7, toffee ₹3, notebook ₹25.
How much do 5 toffees cost (in ₹)? - 23.2 friends run a stall selling clay diyas and make a profit of ₹280. They share it equally. How many rupees does each friend get?
- 24.Priya’s mother scans a shop’s QR code to pay ₹50000. What should she check before she pays? (a) The name of the shop (b) The colour of the code (c) Nothing, just pay
- 25.Dev has 5 coins of ₹2. How many rupees does Dev have?
- 26.Sneha has ₹500 for a picnic. Food costs ₹70 and tickets cost ₹420. Is ₹500 enough? (a) Yes (b) No
- 27.A message says Manav has won ₹25000. It asks for the UPI PIN to send the prize. What is true? (a) No PIN to receive money (b) Prizes need your PIN (c) Enter the PIN quickly
- 28.Zoya has 8 coins of ₹2. Diya has 3 notes of ₹20. Who has more money? (a) Diya (b) Zoya
- 29.2 pens cost ₹40. What does one pen cost (in ₹)?
- 30.Aditya buys a crayon box for ₹35 and an eraser for ₹3. How many rupees does Aditya spend in all?
- 31.Shop A sells a badminton racket for ₹360 with free delivery. Shop B sells it for ₹320 plus ₹80 delivery. How many rupees do you save by buying from the cheaper shop?
- 32.Count up to find the change from ₹500: ₹483 + ₹? = ₹500
- 33.Priya has 5 coins of ₹5. Nisha has 3 coins of ₹2. How many more rupees does Priya have?
- 34.How many paise are there in ₹14?
- 35.Kavya wants a bicycle that costs ₹3150. Kavya saves ₹450 every week. How many weeks will it take?
- 36.After 20% off, a water bottle costs ₹160. What was the price before the sale (in ₹)?
- 37.Karan has ₹500. First Karan pays for needs: school shoes (₹110) and a geometry box (₹50). How many rupees are left for wants?
- 38.A jigsaw puzzle costs ₹48. Aditya has ₹20 and ₹10. How many more rupees does Aditya need?
- 39.Vivaan buys 2 pencils at ₹3 each and pays ₹50. How much change does Vivaan get (in ₹)?
- 40.A balloon costs ₹9. Karan pays ₹50. How much change does Karan get (in ₹)?
Answer key
- 90
- 500
- 9600
- 50 + 10 + 1
- 700
- 3
- 4
- 15.5
- 100
- 2
- 30
- 100 + 20 + 5
- Yes
- 60
- 540
- 2
- 895
- Tell a parent at once
- Loss
- 3500
- 18
- 15
- 140
- The name of the shop
- 10
- Yes
- No PIN to receive money
- Diya
- 20
- 38
- 40
- 17
- 19
- 1400
- 7
- 200
- 340
- 18
- 44
- 41
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids