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.Joseph buys a water bottle (₹225), a school bag (₹580), a pen (₹23) and a geometry box (₹90). What is the total (in ₹)?
-
2.Price list: crayon box ₹50, toffee ₹2, balloon ₹8, sharpener ₹7.
How many rupees more does a balloon cost than a sharpener? - 3.Vivaan has ₹1900. In a piggy bank it stays ₹1900. In a bank at 4% simple interest per year, how many rupees more will Vivaan have after 1 year?
- 4.₹19 + ₹19 + ₹37 =
- 5.Saanvi has 2 coins of ₹10. How many rupees does Saanvi have?
- 6.₹32 + ₹30 =
- 7.Pooja’s class stall spends ₹345 to make 23 paper bookmarks and sells all of them at ₹15 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 8.₹110 + ₹120 =
- 9.Arjun buys 6 pens at ₹15 each and pays with a ₹200 note. How much change does Arjun get (in ₹)?
- 10.A cricket bat costs ₹180. The shop gives 10% off. What is the sale price (in ₹)?
- 11.Saanvi gets ₹250 pocket money every month. How many rupees is that in one year (12 months)?
- 12.How many coins of ₹5 does Karan need to make ₹35?
- 13.Arjun wants a gift for Mum that costs ₹450, has ₹100 already and saves ₹70 every week. In how many weeks will Arjun have enough?
- 14.Isha has 2 coins of ₹20 and 6 coins of ₹1. How many rupees does Isha have?
- 15.Farhan keeps ₹400 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?
- 16.Rohan’s father is sending ₹2000 to a friend by UPI. What should he check before he pays? (a) Nothing at all (b) The name and amount (c) Only the phone colour
- 17.For Vivaan, is “a toy robot” a need or a want? (a) Want (b) Need
- 18.Riya withdraws ₹600 at the bank counter. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 19.A 1 kg bag of tomatoes costs ₹34. A 2 kg bag costs ₹46. Which bag is cheaper per kg? (a) 2 kg bag (b) 1 kg bag
- 20.Kabir buys 2 cricket balls at ₹145 each and pays with a ₹500 note. How much change does Kabir get (in ₹)?
- 21.Shop A sells 3 notebooks for ₹150. Shop B sells 6 notebooks for ₹210. Which shop is cheaper for one notebook? (a) Shop A (b) Shop B
- 22.Ananya wants to save ₹550 for a board game in 11 weeks, the same amount each week. How many rupees must Ananya save each week?
- 23.₹75 − ₹7 =
- 24.Which coins and notes make exactly ₹8? (a) 20 + 5 + 1 (b) 5 + 2 + 1 (c) 10 + 2 + 1
- 25.Arjun is making a shopping list. Which of these is a want? (a) school shoes (b) notebooks for school (c) sweets every day (d) a school uniform
- 26.What is the smallest number of coins and notes that make ₹199?
-
27.Price list: banana ₹4, samosa ₹12, crayon box ₹45, biscuit packet ₹17.
How much do 3 crayon boxes cost (in ₹)? - 28.One sharpener costs ₹5. A pack of 3 sharpeners costs ₹12. How many rupees do you save by buying the pack instead of 3 single ones?
- 29.Shop A sells 3 mangoes for ₹105. Shop B sells 5 mangoes for ₹150. Which shop is cheaper for one mango? (a) Shop B (b) Shop A
- 30.Farhan spends ₹250 of ₹500 pocket money on books. What percent is that?
- 31.₹100 + ₹120 =
- 32.For Priya, is “a sticker album” a need or a want? (a) Want (b) Need
- 33.Dev has 6 coins of ₹2. Tara has 3 notes of ₹100. Who has more money? (a) Tara (b) Dev
- 34.Manav has ₹1100. In a piggy bank it stays ₹1100. In a bank at 7% simple interest per year, how many rupees more will Manav have after 3 years?
- 35.Which is worth the least: a ₹20 coin, a ₹100 note or a ₹2 coin? (a) 100-rupee note (b) 2-rupee coin (c) 20-rupee coin
- 36.Which is worth the most: a ₹100 note, a ₹500 note or a ₹20 coin? (a) 20-rupee coin (b) 500-rupee note (c) 100-rupee note
- 37.Arjun has 8 notes of ₹20. How many rupees does Arjun have?
- 38.₹20 − ₹16.50 =
-
39.Price list: toffee ₹3, ice candy ₹8, crayon box ₹45, balloon ₹6.
How many rupees more does an ice candy cost than a balloon? -
40.Price list: juice box ₹20, pencil ₹5, samosa ₹17, biscuit packet ₹15.
Arjun has ₹50 and buys a juice box. How many rupees are left?
Answer key
- 918
- 1
- 76
- 75
- 20
- 62
- No profit, no loss
- 230
- 110
- 162
- 3000
- 7
- 5
- 46
- 496
- The name and amount
- Want
- Debit
- 2 kg bag
- 210
- Shop B
- 50
- 68
- 5 + 2 + 1
- sweets every day
- 7
- 135
- 3
- Shop B
- 50
- 220
- Want
- Tara
- 231
- 2-rupee coin
- 500-rupee note
- 160
- 3.5
- 2
- 30
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids