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.₹23 − ₹14.50 =
- 2.₹14 + ₹10 + ₹37 =
- 3.Aarav buys a colour pencil set for ₹65 and pays with a ₹100 note. How much change does Aarav get (in ₹)?
- 4.Gurpreet deposits ₹1850 of birthday money. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 5.₹50 + ₹400 =
- 6.Which is the biggest amount: ₹56, ₹12 or ₹40? (a) 12 rupees (b) 40 rupees (c) 56 rupees
- 7.2 water bottles cost ₹380. What does one water bottle cost (in ₹)?
- 8.How many ₹10 notes make a ₹100 note?
- 9.Diya saves ₹30 every week for 7 weeks, then buys a wristwatch for ₹60. How many rupees are left?
- 10.Vivaan has 3 notes of ₹10. Isha has 2 coins of ₹2. Who has more money? (a) Vivaan (b) Isha
- 11.Lakshmi is making a shopping list. Which of these is a need? (a) a video game (b) a sticker album (c) designer sunglasses (d) a warm blanket
- 12.Ananya has 6 notes of ₹100. Saanvi has 7 notes of ₹20. How many more rupees does Ananya have?
- 13.Tara has a budget of ₹2000 for a birthday party. The cake cost ₹220, the balloons cost ₹60 and the return gifts cost ₹290. How many rupees are left?
- 14.How many ₹5 coins make a ₹50 note?
- 15.A dozen (12) pencils cost ₹84. What does one cost (in ₹)?
- 16.Kavya has 2 notes of ₹200. How many rupees does Kavya have?
- 17.Ishaan has ₹16. A samosa costs ₹19. Does Ishaan have enough money to buy it? (a) Yes (b) No
- 18.Diya wants a wristwatch that costs ₹650. Diya saves ₹50 every week. How many weeks will it take?
- 19.Kavya is making a shopping list. Which of these is a need? (a) a third cricket bat (b) a glitter pen set (c) a sticker album (d) rice and dal
- 20.Tara has 6 coins of ₹1. Kabir has 5 notes of ₹100. Who has more money? (a) Tara (b) Kabir
- 21.Nisha’s class stall spends ₹190 to make 22 plates of bhel and sells all of them at ₹10 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 22.A T-shirt costs ₹290 online. Delivery is ₹40 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 23.Shop A sells a football for ₹450 with free delivery. Shop B sells it for ₹265 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
- 24.Kabir buys 3 erasers at ₹2 each and pays ₹50. How much change does Kabir get (in ₹)?
- 25.Shop A sells 5 plates of idli for ₹225. Shop B sells 4 plates of idli for ₹120. Which shop is cheaper for one plate of idli? (a) Shop A (b) Shop B
- 26.A pair of shoes costs ₹300. The shop gives 50% off. What is the sale price (in ₹)?
- 27.Shop A sells 3 geometry boxes for ₹270. Shop B sells 2 geometry boxes for ₹260. Which shop is cheaper for one geometry box? (a) Shop B (b) Shop A
- 28.A 1 kg bag of onions costs ₹26. A 2 kg bag costs ₹118. Which bag is cheaper per kg? (a) 2 kg bag (b) 1 kg bag
- 29.Kabir has ₹300. First Kabir pays for needs: socks (₹100) and notebooks (₹60). How many rupees are left for wants?
- 30.Manav has one ₹2 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 31.Aarav keeps ₹600 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
- 32.Count up to find the change from ₹50: ₹8 + ₹? = ₹50
- 33.How many paise are there in ₹2.50?
- 34.Which coins and notes make exactly ₹75? (a) 100 + 20 + 5 (b) 50 + 20 + 5 (c) 50 + 20 + 2
- 35.Priya’s class stall spends ₹250 to make 16 clay diyas and sells all of them at ₹25 each. What is the profit (in ₹)?
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36.Priya’s passbook:
Opening balance: ₹4500
Debit: ₹250
Debit: ₹500
Credit: ₹50
Debit: ₹100
What is the total of all the credits (in ₹)? - 37.Saanvi’s mother scans a shop’s QR code to pay ₹1000. What should she check before she pays? (a) Nothing, just pay (b) The colour of the code (c) The name of the shop
- 38.₹1 + ₹? + ₹5 = ₹8
- 39.Zoya buys a notebook for ₹50 and a cricket ball for ₹135, and pays with a ₹500 note. How much change does Zoya get (in ₹)?
- 40.Isha’s class stall spends ₹300 to make 21 plates of bhel and sells all of them at ₹10 each. What is the loss (in ₹)?
Answer key
- 8.5
- 61
- 35
- Credit
- 450
- 56 rupees
- 190
- 10
- 150
- Vivaan
- a warm blanket
- 460
- 1430
- 10
- 7
- 400
- No
- 13
- rice and dal
- Kabir
- Profit
- 320
- 115
- 44
- Shop B
- 150
- Shop A
- 1 kg bag
- 140
- Coin
- 60
- 42
- 250
- 50 + 20 + 5
- 150
- 50
- The name of the shop
- 2
- 315
- 90
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids