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.How many coins of ₹2 does Ishaan need to make ₹20?
- 2.Saanvi has ₹300. In a piggy bank it stays ₹300. In a bank at 6% simple interest per year, how many rupees more will Saanvi have after 1 year?
- 3.Which is worth the least: a ₹20 note, a ₹50 note or a ₹1 coin? (a) 50-rupee note (b) 20-rupee note (c) 1-rupee coin
- 4.Manav had ₹74. Manav spent ₹5 on an eraser. How many rupees are left?
- 5.₹1300 earns 2% simple interest per year. In how many years will the interest be ₹78?
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6.Price list: ice candy ₹12, juice box ₹20, toffee ₹3, pencil ₹8.
Dev has ₹50 and buys an ice candy. How many rupees are left? - 7.How many paise are there in ₹2.50?
- 8.A school bag costs ₹460 online. Delivery is ₹40 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 9.One notebook costs ₹45. How much do 5 notebooks cost (in ₹)?
- 10.Arjun spends ₹140 to start a stall and sells each clay diya for ₹20. What is the smallest number Arjun must sell to get back the ₹140?
- 11.For Aarav, is “school shoes” a need or a want? (a) Need (b) Want
- 12.What is the smallest number of coins and notes that make ₹184?
- 13.Kabir buys 3 sharpeners at ₹5 each and pays ₹20. How much change does Kabir get (in ₹)?
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14.Price list: pencil ₹7, toffee ₹1, kite ₹21, biscuit packet ₹15.
Manav has ₹50 and buys a pencil. How many rupees are left? - 15.Joseph has ₹880 for return gifts. Each gift costs ₹20. What is the greatest number of gifts Joseph can buy?
- 16.Sneha has ₹650. First Sneha pays for needs: a geometry box (₹190) and a school uniform (₹190). How many rupees are left for wants?
- 17.Shop A sells 2 notebooks for ₹70. Shop B sells 4 notebooks for ₹200. What does one notebook cost at the cheaper shop (in ₹)?
- 18.Aditya buys 3 balloons at ₹6 each and pays ₹50. How much change does Aditya get (in ₹)?
- 19.Shop A sells a water bottle for ₹125 with free delivery. Shop B sells it for ₹210 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
- 20.How many ₹10 notes make a ₹50 note?
- 21.Rohan’s mother has ₹1500 in her bank account. She pays ₹280 for milk and ₹320 for school books by UPI. How many rupees are left in the account?
- 22.4 badminton rackets cost ₹1620. What does one badminton racket cost (in ₹)?
- 23.How many coins of ₹5 does Farhan need to make ₹20?
- 24.A stall pays ₹9 for each friendship band and sells each one for ₹11. It sells 16 friendship bands. What is the total profit (in ₹)?
- 25.Which coins and notes make exactly ₹122? (a) 100 + 20 + 2 (b) 20 + 5 + 2 (c) 100 + 50 + 20
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26.Joseph’s shop bill:
2 water bottles at ₹215 each
1 badminton racket at ₹505
2 pens at ₹15 each
What is the total bill (in ₹)? - 27.Isha had ₹77. Isha spent ₹8 on a pencil. How many rupees are left?
- 28.Rahul gets ₹70 a week, spends ₹50 each week and saves the rest. How many rupees has Rahul saved after 7 weeks?
- 29.Aditya’s mother has ₹1700 in her bank account. She pays ₹150 for vegetables and ₹220 for a gas cylinder by UPI. How many rupees are left in the account?
- 30.After 20% off, a jacket costs ₹768. What was the price before the sale (in ₹)?
- 31.The bill for 3 storybooks and a cricket ball is ₹525. A storybook costs ₹140. What does the cricket ball cost (in ₹)?
- 32.Lakshmi has a budget of ₹1500 for a birthday party. The return gifts cost ₹190, the balloons cost ₹330 and the snacks cost ₹100. How many rupees are left?
- 33.A paint box costs ₹92. Ishaan has ₹20 and ₹2. How many more rupees does Ishaan need?
- 34.Aarav buys a pencil for ₹6 and a kite for ₹10. How many rupees does Aarav spend in all?
- 35.Ishaan saves ₹60 every week for 6 weeks, then buys a wristwatch for ₹20. How many rupees are left?
- 36.Nisha spends ₹220 on things to make 18 clay diyas and sells them all at ₹15 each. How many rupees does Nisha earn after paying the costs?
- 37.Which is worth more: a ₹20 note or a ₹200 note? (a) 200-rupee note (b) 20-rupee note
- 38.₹180 + ₹240 =
- 39.Priya has ₹800 for a picnic. Food costs ₹350 and tickets cost ₹350. Is ₹800 enough? (a) Yes (b) No
- 40.A day trip costs ₹2870 in all. 7 friends share the cost equally. How much does each friend pay (in ₹)?
Answer key
- 10
- 18
- 1-rupee coin
- 69
- 3
- 38
- 250
- 480
- 225
- 7
- Need
- 6
- 5
- 43
- 44
- 270
- 35
- 32
- 155
- 5
- 900
- 405
- 4
- 32
- 100 + 20 + 2
- 965
- 69
- 140
- 1330
- 960
- 105
- 880
- 70
- 16
- 340
- 50
- 200-rupee note
- 420
- Yes
- 410
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids