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.Nisha saves ₹90 every week for 11 weeks, then buys a gift for Mum for ₹120. How many rupees are left?
- 2.Priya has ₹45 in a piggy bank. Mausi gives Priya ₹13 more. How many rupees does Priya have now?
- 3.Karan buys 2 sharpeners at ₹5 each and pays ₹50. How much change does Karan get (in ₹)?
- 4.Shop A sells a school bag for ₹480 with free delivery. Shop B sells it for ₹710 plus ₹30 delivery. How many rupees do you save by buying from the cheaper shop?
- 5.Which is worth more: a ₹500 note or a ₹10 coin? (a) 10-rupee coin (b) 500-rupee note
- 6.What is the smallest number of coins and notes that make ₹46?
- 7.The bill for a geometry box and a pen is ₹145. A geometry box costs ₹135. What does the pen cost (in ₹)?
- 8.₹63 − ₹5 =
- 9.5 lunch boxes cost ₹850. What does one lunch box cost (in ₹)?
- 10.A dozen (12) oranges cost ₹60. What does one cost (in ₹)?
- 11.Vivaan has one ₹50 piece of money. Is it a coin or a note? (a) Coin (b) Note
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12.Manav’s passbook:
Opening balance: ₹3100
Credit (money in): ₹150
Debit (money out): ₹2050
What is the balance now (in ₹)? -
13.Price list: banana ₹5, pencil ₹3, kite ₹25, sharpener ₹6.
How much do 4 pencils cost (in ₹)? - 14.Tara buys 4 samosas at ₹18 each and pays with a ₹500 note. How much change does Tara get (in ₹)?
- 15.Vivaan had ₹32. Vivaan spent ₹15 on a ruler. How many rupees are left?
- 16.Kabir has ₹24. A samosa costs ₹19. Does Kabir have enough money to buy it? (a) No (b) Yes
- 17.What do 3 colour pencil sets at ₹85 each and 4 geometry boxes at ₹150 each cost in all (in ₹)?
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18.Price list: balloon ₹6, ruler ₹15, glue stick ₹25, ice candy ₹9.
How many rupees more does a glue stick cost than an ice candy? - 19.Which is worth the most: a ₹1 coin, a ₹200 note or a ₹500 note? (a) 200-rupee note (b) 500-rupee note (c) 1-rupee coin
- 20.A dozen (12) bananas cost ₹72. What does one cost (in ₹)?
- 21.Farhan had ₹45. Farhan spent ₹6 on a balloon. How many rupees are left?
- 22.Saanvi’s father is sending ₹10000 to a friend by UPI. What should he check before he pays? (a) The name and amount (b) Nothing at all (c) Only the phone colour
- 23.What is the smallest number of coins and notes that make ₹28?
- 24.Nisha keeps ₹100 in a bank. After 5 years the simple interest is ₹45. What is the rate of interest per year (in %)?
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25.Price list: balloon ₹10, ruler ₹15, sticker sheet ₹5, glue stick ₹22.
How much do 3 balloons cost (in ₹)? -
26.Price list: ruler ₹8, kite ₹12, samosa ₹10, pencil ₹4.
How much do a ruler and a kite cost together (in ₹)? - 27.Which coins and notes make exactly ₹8? (a) 5 + 2 + 1 (b) 100 + 2 + 1 (c) 2 + 2 + 1
- 28.Riya had ₹47. Riya spent ₹40 on a notebook. How many rupees are left?
- 29.Gurpreet gets ₹1050 from a relative by bank transfer. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 30.Rohan has ₹19 in a piggy bank. Mausi gives Rohan ₹34 more. How many rupees does Rohan have now?
- 31.Zoya’s piggy bank has 1 coin of ₹20, 5 coins of ₹5 and 3 coins of ₹1. How many rupees are in it?
- 32.Isha had ₹92. Isha spent ₹2 on an eraser. How many rupees are left?
- 33.₹12.50 + ₹5 =
- 34.How many notes of ₹10 make ₹60?
- 35.Which coins and notes make exactly ₹23? (a) 20 + 2 + 1 (b) 100 + 2 + 1 (c) 2 + 2 + 1
- 36.Of a ₹36000 monthly budget, 30% goes on clothes and 40% on food. The rest is saved. What percent is saved?
- 37.Rohan has 5 notes of ₹20. How many rupees does Rohan have?
- 38.Aditya saves ₹100 every week for 12 weeks, then buys a gift for Mum for ₹1050. How many rupees are left?
- 39.Priya has a budget of ₹1000 for a birthday party. The decorations cost ₹120, the snacks cost ₹130 and the juice cost ₹240. How many rupees are left?
- 40.Isha buys a samosa for ₹13 and pays with a ₹100 note. How much change does Isha get (in ₹)?
Answer key
- 870
- 58
- 40
- 260
- 500-rupee note
- 4
- 10
- 58
- 170
- 5
- Note
- 1200
- 12
- 428
- 17
- Yes
- 855
- 16
- 500-rupee note
- 6
- 39
- The name and amount
- 4
- 9
- 30
- 20
- 5 + 2 + 1
- 7
- Credit
- 53
- 48
- 90
- 17.5
- 6
- 20 + 2 + 1
- 30
- 100
- 150
- 510
- 87
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids