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.There are 10 children in a class. Each child needs one plate of idli at ₹30. What is the total cost (in ₹)?
- 2.For Joseph, is “drinking water” a need or a want? (a) Want (b) Need
- 3.Aarav has 2 notes of ₹100, 3 notes of ₹20 and 1 coin of ₹5. How many rupees does Aarav have?
- 4.Which is worth the most: a ₹1 coin, a ₹2 coin or a ₹200 note? (a) 1-rupee coin (b) 200-rupee note (c) 2-rupee coin
- 5.₹630 − ₹440 =
- 6.Which coins and notes make exactly ₹17? (a) 10 + 5 + 2 (b) 5 + 2 + 2 (c) 100 + 5 + 2
- 7.Shop A sells 5 pens for ₹55. Shop B sells 6 pens for ₹102. Which shop is cheaper for one pen? (a) Shop A (b) Shop B
- 8.Nisha buys an eraser for ₹5 and a samosa for ₹11, and pays ₹50. How much change does Nisha get (in ₹)?
- 9.A hair clip costs ₹11.50. Joseph pays ₹50. How much change does Joseph get, in rupees? =
- 10.Aditya has ₹20 in a piggy bank. Chacha gives Aditya ₹22 more. How many rupees does Aditya have now?
- 11.Priya had ₹54. Priya spent ₹10 on an ice candy. How many rupees are left?
- 12.A 1 kg bag of wheat flour costs ₹39. A 10 kg bag costs ₹340. How many rupees per kg do you save with the cheaper bag?
- 13.Joseph has 3 notes of ₹10. Ananya has 5 notes of ₹100. Who has more money? (a) Joseph (b) Ananya
- 14.Diya’s class stall spends ₹90 to make 11 paper bookmarks and sells all of them at ₹10 each. What is the profit (in ₹)?
- 15.Of a ₹12000 monthly budget, 50% goes on rent and 5% on travel. The rest is saved. How many rupees are saved?
- 16.₹1 + ₹18.50 =
- 17.Of a ₹19000 monthly budget, 40% goes on rent and 10% on clothes. The rest is saved. How many rupees are saved?
- 18.Diya has 4 notes of ₹10. How many rupees does Diya have?
- 19.A school bag costs ₹940. Offer 1: 10% off. Offer 2: ₹370 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 20.Tara has 9 coins of ₹20. How many rupees does Tara have?
- 21.Meera has 7 notes of ₹50. Saanvi has 8 coins of ₹1. Who has less money? (a) Saanvi (b) Meera
- 22.How many coins of ₹20 does Manav need to make ₹60?
- 23.7 notebooks cost ₹315. How much do 2 notebooks cost (in ₹)?
-
24.Saanvi’s passbook:
Opening balance: ₹2600
Credit (money in): ₹550
Debit (money out): ₹750
What is the balance now (in ₹)? - 25.What do 3 plates of idli at ₹30 each and 2 water bottles at ₹175 each cost in all (in ₹)?
- 26.Nisha has ₹27 in a piggy bank. Chacha gives Nisha ₹40 more. How many rupees does Nisha have now?
-
27.Arjun’s shop bill:
1 T-shirt at ₹340
2 samosas at ₹14 each
2 mangoes at ₹30 each
What is the total bill (in ₹)? - 28.A stall pays ₹4 for each paper bookmark and sells each one for ₹5. It sells 29 paper bookmarks. What is the total profit (in ₹)?
- 29.Karan’s piggy bank has 5 coins of ₹20, 2 coins of ₹5 and 4 coins of ₹2. How many rupees are in it?
- 30.Kabir’s father is sending ₹5000 to a friend by UPI. What should he check before he pays? (a) Only the phone colour (b) The name and amount (c) Nothing at all
- 31.One sticker sheet costs ₹5. A pack of 3 sticker sheets costs ₹12. How many rupees do you save by buying the pack instead of 3 single ones?
- 32.One balloon costs ₹7. A pack of 3 balloons costs ₹20. How many rupees do you save by buying the pack instead of 3 single ones?
- 33.4 friends run a stall selling clay diyas and make a profit of ₹320. They share it equally. How many rupees does each friend get?
- 34.A colouring book costs ₹40. Pooja has ₹20 and ₹10. How many more rupees does Pooja need?
-
35.Priya’s passbook:
Opening balance: ₹3000
Credit (money in): ₹550
Debit (money out): ₹?
Closing balance: ₹2350
How many rupees was the debit? - 36.Of a ₹20000 monthly budget, 10% goes on travel and 50% on clothes. The rest is saved. How many rupees are saved?
- 37.Pooja’s class stall spends ₹280 to make 19 clay diyas and sells all of them at ₹30 each. What is the profit (in ₹)?
- 38.A paint box costs ₹74. Gurpreet has ₹20 and ₹2. How many more rupees does Gurpreet need?
- 39.A banana costs ₹4. Sneha pays ₹10. How much change does Sneha get (in ₹)?
- 40.A 1 kg bag of dal costs ₹101. A 5 kg bag costs ₹660. Which bag is cheaper per kg? (a) 5 kg bag (b) 1 kg bag
Answer key
- 300
- Need
- 265
- 200-rupee note
- 190
- 10 + 5 + 2
- Shop A
- 34
- 38.5
- 42
- 44
- 5
- Ananya
- 20
- 5400
- 19.5
- 9500
- 40
- Offer 2
- 180
- Saanvi
- 3
- 90
- 2400
- 440
- 67
- 428
- 29
- 118
- The name and amount
- 3
- 1
- 80
- 10
- 1200
- 8000
- 290
- 52
- 6
- 1 kg bag
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids