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.A board game costs ₹720. Offer 1: 50% off. Offer 2: ₹260 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
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2.Kabir’s passbook:
Opening balance: ₹4100
Credit (money in): ₹400
Debit (money out): ₹2750
What is the balance now (in ₹)? - 3.Joseph has ₹19. A samosa costs ₹15. Does Joseph have enough money to buy it? (a) Yes (b) No
- 4.Aarav has ₹13. A samosa costs ₹17. Does Aarav have enough money to buy it? (a) Yes (b) No
- 5.Saanvi wants a wristwatch that costs ₹590, has ₹10 already and saves ₹50 every week. In how many weeks will Saanvi have enough?
- 6.Karan has 3 coins of ₹2. Ishaan has 8 notes of ₹10. Who has less money? (a) Ishaan (b) Karan
- 7.Lakshmi sees that ₹500 was sent to a wrong number by mistake. What should Lakshmi do first? (a) Pay again to fix it (b) Keep it a secret (c) Tell a parent at once
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8.Arjun’s passbook:
Opening balance: ₹4400
Debit: ₹200
Credit: ₹400
Credit: ₹250
Debit: ₹150
What is the closing balance (in ₹)? - 9.Vivaan’s piggy bank has 5 coins of ₹20, 1 coin of ₹10 and 1 coin of ₹1. How many rupees are in it?
- 10.Count up to find the change from ₹500: ₹289 + ₹? = ₹500
- 11.One kite costs ₹11. A pack of 3 kites costs ₹31. How many rupees do you save by buying the pack instead of 3 single ones?
- 12.Diya has ₹800 for a picnic. Food costs ₹180 and tickets cost ₹600. Is ₹800 enough? (a) Yes (b) No
- 13.Priya buys a cricket ball (₹145), a storybook (₹135), a school bag (₹585) and a lunch box (₹270). What is the total (in ₹)?
- 14.Arjun has 5 coins of ₹1. Zoya has 3 notes of ₹50. Who has more money? (a) Arjun (b) Zoya
- 15.Rohan is making a shopping list. Which of these is a want? (a) a toy robot (b) vegetables (c) notebooks for school (d) rice and dal
- 16.Ananya has ₹650. First Ananya pays for needs: a lunch box (₹200) and notebooks (₹140). How many rupees are left for wants?
- 17.Ananya spends ₹80 on things to make 19 plates of bhel and sells them all at ₹5 each. How many rupees does Ananya earn after paying the costs?
- 18.Kavya has ₹590 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Kavya can buy?
- 19.Aditya has ₹280 for return gifts. Each gift costs ₹30. What is the greatest number of gifts Aditya can buy?
- 20.Count up to find the change from ₹10: ₹1 + ₹? = ₹10
- 21.Meera gets a link: “Click now to win a phone worth ₹500!” What should Meera do? (a) Click it to win (b) Ignore it, tell a parent (c) Send it to friends
- 22.Isha keeps ₹700 in a bank at 4% simple interest per year. How much money will there be after 5 years (in ₹)?
- 23.Rahul has ₹47 in a piggy bank. Dadi gives Rahul ₹35 more. How many rupees does Rahul have now?
- 24.A day trip costs ₹180 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
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25.Price list: kite ₹23, sticker sheet ₹12, glue stick ₹16, sharpener ₹5.
How many rupees more does a glue stick cost than a sharpener? - 26.How many lunch boxes can you buy with ₹2000 if one costs ₹200?
- 27.Shop A sells 5 samosas for ₹70. Shop B sells 3 samosas for ₹51. What does one samosa cost at the cheaper shop (in ₹)?
- 28.Ananya has 5 coins of ₹5. How many rupees does Ananya have?
- 29.One kite costs ₹25. A pack of 3 kites costs ₹71. How many rupees do you save by buying the pack instead of 3 single ones?
- 30.Zoya has 4 coins of ₹1. Gurpreet has 2 notes of ₹100. Who has more money? (a) Zoya (b) Gurpreet
- 31.Isha has 9 notes of ₹50. Sneha has 3 coins of ₹2. Who has less money? (a) Isha (b) Sneha
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32.Isha’s passbook:
Opening balance: ₹5000
Credit (money in): ₹800
Debit (money out): ₹?
Closing balance: ₹850
How many rupees was the debit? - 33.Joseph’s class stall spends ₹160 to make 20 friendship bands and sells all of them at ₹5 each. What is the loss (in ₹)?
- 34.Dev buys a sticker sheet for ₹7 and a crayon box for ₹30, and pays ₹50. How much change does Dev get (in ₹)?
- 35.Which is the biggest amount: ₹41, ₹79 or ₹91? (a) 79 rupees (b) 41 rupees (c) 91 rupees
- 36.A 10 kg bag of wheat flour costs ₹340. A 5 kg bag costs ₹240. How many rupees per kg do you save with the cheaper bag?
- 37.Rohan has ₹300 for a picnic. Food costs ₹150 and tickets cost ₹210. Is ₹300 enough? (a) No (b) Yes
- 38.A 1 kg bag of wheat flour costs ₹41. A 2 kg bag costs ₹78. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
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39.Price list: banana ₹5, ice candy ₹14, toffee ₹2, biscuit packet ₹13.
Aditya has ₹10 and buys a toffee. How many rupees are left? - 40.A juice box costs ₹20. Rohan pays ₹50. How much change does Rohan get (in ₹)?
Answer key
- Offer 1
- 1750
- Yes
- No
- 12
- Karan
- Tell a parent at once
- 4700
- 111
- 211
- 2
- Yes
- 1135
- Zoya
- a toy robot
- 310
- 15
- 39
- 9
- 9
- Ignore it, tell a parent
- 840
- 82
- 60
- 11
- 10
- 14
- 25
- 4
- Gurpreet
- Sneha
- 4950
- 60
- 13
- 91 rupees
- 14
- No
- 2 kg bag
- 8
- 30
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids