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.Aarav’s class stall spends ₹1040 to make 34 friendship bands and sells all of them at ₹30 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
- 2.Arjun has 8 coins of ₹1. Tara has 5 notes of ₹100. How many more rupees does Tara have?
- 3.Arjun has 4 notes of ₹10. Saanvi has 9 notes of ₹20. Who has less money? (a) Arjun (b) Saanvi
- 4.There are 10 children in a class. Each child needs one samosa at ₹20. What is the total cost (in ₹)?
- 5.Ananya has 3 notes of ₹50, 2 notes of ₹10 and 4 coins of ₹1. How many rupees does Ananya have?
- 6.Tara makes 6 clay diyas an hour and sells each one for ₹10. How many rupees can Tara earn from 4 hours of work?
- 7.Count up to find the change from ₹50: ₹11 + ₹? = ₹50
- 8.How many ₹1 coins make a ₹5 coin?
- 9.Lakshmi has 3 notes of ₹20. Diya has 8 notes of ₹10. Who has less money? (a) Lakshmi (b) Diya
- 10.Nisha is making a shopping list. Which of these is a want? (a) extra comic books (b) bus fare to school (c) a schoolbag (d) notebooks for school
- 11.Shop A sells 3 mangoes for ₹75. Shop B sells 6 mangoes for ₹120. Which shop is cheaper for one mango? (a) Shop A (b) Shop B
- 12.A board game costs ₹620. The shop gives 10% off. How many rupees is the discount?
- 13.Gurpreet has 2 notes of ₹10. How many rupees does Gurpreet have?
- 14.Isha has 2 coins of ₹20 and 2 coins of ₹1. How many rupees does Isha have?
- 15.Count up to find the change from ₹20: ₹13 + ₹? = ₹20
- 16.Diya buys a balloon for ₹6 and a juice box for ₹20. How many rupees does Diya spend in all?
- 17.Rohan’s mother has ₹1300 in her bank account. She pays ₹180 for bread and ₹390 for fruit by UPI. How many rupees are left in the account?
- 18.How many paise are there in ₹20?
- 19.A family plans ₹44000 for the month. 40% of it is for rent. How many rupees is that?
- 20.Kabir got ₹150 in 10 weeks, the same amount every week. How many rupees is that each week?
- 21.Which coins and notes make exactly ₹112? (a) 100 + 10 + 2 (b) 100 + 100 + 2 (c) 10 + 10 + 2
- 22.A 5 kg bag of dal costs ₹720. A 2 kg bag costs ₹250. Which bag is cheaper per kg? (a) 2 kg bag (b) 5 kg bag
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23.Manav’s shop bill:
3 pens at ₹12 each
4 mangoes at ₹35 each
4 water bottles at ₹200 each
What is the total bill (in ₹)? - 24.A biscuit packet costs ₹11 and a toffee costs ₹3. How many rupees more does the biscuit packet cost?
- 25.Saanvi wants a football that costs ₹300. Saanvi saves ₹20 every week. How many weeks will it take?
- 26.Joseph buys a storybook for ₹160 and a cricket ball for ₹135, and pays with a ₹500 note. How much change does Joseph get (in ₹)?
- 27.Which is worth more: a ₹20 coin or a ₹10 coin? (a) 20-rupee coin (b) 10-rupee coin
- 28.Which coins and notes make exactly ₹155? (a) 100 + 50 + 5 (b) 50 + 50 + 5 (c) 50 + 5 + 1
- 29.Isha has 9 coins of ₹2. Gurpreet has 6 coins of ₹1. How many more rupees does Isha have?
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30.Kavya’s passbook:
Opening balance: ₹3600
Credit (money in): ₹800
Debit (money out): ₹4200
What is the balance now (in ₹)? - 31.The bill for a pen and a plate of idli is ₹48. A pen costs ₹13. What does the plate of idli cost (in ₹)?
- 32.Meera has 10 coins of ₹2. How many rupees does Meera have?
- 33.There are 39 children in a class. Each child needs one mango at ₹35. What is the total cost (in ₹)?
- 34.₹54 + ₹34 =
- 35.Isha spends ₹450 of ₹900 pocket money on books. What percent is that?
- 36.Ishaan buys 4 bananas at ₹6 each and pays ₹50. How much change does Ishaan get (in ₹)?
- 37.Which is the smallest amount: ₹84, ₹29 or ₹74? (a) 84 rupees (b) 29 rupees (c) 74 rupees
- 38.Aarav buys 2 geometry boxes at ₹80 each and pays with a ₹200 note. How much change does Aarav get (in ₹)?
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39.Price list: crayon box ₹45, sharpener ₹5, juice box ₹25, notebook ₹35.
How many rupees more does a crayon box cost than a sharpener? - 40.Sneha gets ₹200 pocket money every month. How many rupees is that in one year (12 months)?
Answer key
- Loss
- 492
- Arjun
- 200
- 174
- 240
- 39
- 5
- Lakshmi
- extra comic books
- Shop B
- 62
- 20
- 42
- 7
- 26
- 730
- 2000
- 17600
- 15
- 100 + 10 + 2
- 2 kg bag
- 976
- 8
- 15
- 205
- 20-rupee coin
- 100 + 50 + 5
- 12
- 200
- 35
- 20
- 1365
- 88
- 50
- 26
- 29 rupees
- 40
- 40
- 2400
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids