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.Arjun’s class stall spends ₹515 to make 19 cups of lemonade and sells all of them at ₹25 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
- 2.A raincoat costs ₹120. The shop gives 25% off. How many rupees is the discount?
- 3.Which coins and notes make exactly ₹26? (a) 20 + 2 + 1 (b) 5 + 5 + 1 (c) 20 + 5 + 1
- 4.Isha buys a sticker sheet for ₹11 and a sharpener for ₹5. How many rupees does Isha spend in all?
- 5.One paper clip costs ₹1.50. How many rupees do 10 paper clips cost? =
- 6.Karan buys an eraser for ₹4 and a toffee for ₹3. How many rupees does Karan spend in all?
- 7.There are 20 children in a class. Each child needs one samosa at ₹20. What is the total cost (in ₹)?
- 8.Which is worth more: a ₹10 note or a ₹100 note? (a) 10-rupee note (b) 100-rupee note
- 9.6 geometry boxes cost ₹540. How much do 9 geometry boxes cost (in ₹)?
- 10.6 mangoes cost ₹180. What does one mango cost (in ₹)?
- 11.Kabir has ₹14. A kite costs ₹17. Does Kabir have enough money to buy it? (a) No (b) Yes
- 12.How many notes of ₹20 make ₹200?
- 13.Lakshmi buys a pen for ₹11 and pays with a ₹100 note. How much change does Lakshmi get (in ₹)?
- 14.₹890 − ₹180 =
- 15.Lakshmi saves ₹50 every week for 11 weeks, then buys a football for ₹490. How many rupees are left?
- 16.Vivaan has ₹17. A glue stick costs ₹20. Does Vivaan have enough money to buy it? (a) No (b) Yes
- 17.Saanvi gets ₹16 every day. How many rupees is that in one week (7 days)?
- 18.Isha buys a notebook for ₹30 and pays with a ₹100 note. How much change does Isha get (in ₹)?
- 19.Vivaan has ₹800. First Vivaan pays for needs: a raincoat (₹80) and a geometry box (₹260). How many rupees are left for wants?
- 20.A 1 kg bag of sugar costs ₹47. A 2 kg bag costs ₹86. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
- 21.₹6.50 − ₹3.50 =
- 22.A water bottle costs ₹680. Offer 1: 50% off. Offer 2: ₹140 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 23.Arjun’s mother has ₹1200 in her bank account. She pays ₹180 for a gas cylinder and ₹120 for fruit by UPI. How many rupees are left in the account?
- 24.Isha has ₹500 for a picnic. Food costs ₹200 and tickets cost ₹310. Is ₹500 enough? (a) No (b) Yes
-
25.Kavya’s passbook:
Opening balance: ₹1300
Credit (money in): ₹200
Debit (money out): ₹700
What is the balance now (in ₹)? - 26.Meera gets ₹40 a week, spends ₹35 each week and saves the rest. How many rupees has Meera saved after 3 weeks?
- 27.Tara has 4 notes of ₹10. How many rupees does Tara have?
- 28.Rohan gets ₹10 every day. How many rupees is that in one week (7 days)?
- 29.Nisha is making a shopping list. Which of these is a need? (a) a video game (b) a toy robot (c) a bigger TV (d) vegetables
- 30.Kabir has 5 notes of ₹100. Diya has 2 coins of ₹2. How many more rupees does Kabir have?
- 31.Vivaan gets ₹300 pocket money every month. How many rupees is that in one year (12 months)?
-
32.Zoya’s passbook:
Opening balance: ₹2800
Credit: ₹100
Debit: ₹250
Credit: ₹350
Debit: ₹150
What is the closing balance (in ₹)? - 33.One toffee costs ₹3.50. How many rupees do 2 toffees cost? =
- 34.A drawing book costs ₹1.50. Arjun pays ₹50. How much change does Arjun get, in rupees? =
- 35.How many paise are there in ₹15.50?
- 36.Aditya’s mother has ₹1400 in her bank account. She pays ₹130 for bread and ₹90 for vegetables by UPI. How many rupees are left in the account?
- 37.A study lamp costs ₹220. The shop gives 50% off. How many rupees is the discount?
-
38.Rahul’s passbook:
Opening balance: ₹1700
Credit (money in): ₹650
Debit (money out): ₹?
Closing balance: ₹300
How many rupees was the debit? - 39.Riya has 3 coins of ₹5. Aarav has 4 notes of ₹20. How many more rupees does Aarav have?
- 40.Aarav buys a cricket ball (₹100), a lunch box (₹240), a badminton racket (₹355) and a geometry box (₹100). What is the total (in ₹)?
Answer key
- Loss
- 30
- 20 + 5 + 1
- 16
- 15
- 7
- 400
- 100-rupee note
- 810
- 30
- No
- 10
- 89
- 710
- 60
- No
- 112
- 70
- 460
- 2 kg bag
- 3
- Offer 1
- 900
- No
- 800
- 15
- 40
- 70
- vegetables
- 496
- 3600
- 2850
- 7
- 48.5
- 1550
- 1180
- 110
- 2050
- 65
- 795
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids