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.₹? + ₹10 + ₹50 = ₹62
- 2.Aarav had ₹40. Aarav spent ₹15 on a kite. How many rupees are left?
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3.Meera’s passbook:
Opening balance: ₹4100
Credit (money in): ₹650
Debit (money out): ₹?
Closing balance: ₹1550
How many rupees was the debit? - 4.Sneha’s class stall spends ₹120 to make 26 clay diyas and sells all of them at ₹5 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
- 5.Joseph wants an art kit that costs ₹360. Joseph saves ₹90 every week. How many weeks will it take?
- 6.What do 4 lunch boxes at ₹150 each and 5 plates of idli at ₹55 each cost in all (in ₹)?
- 7.Farhan saves ₹40 every week for 10 weeks, then buys a football for ₹50. How many rupees are left?
- 8.Which coins and notes make exactly ₹57? (a) 50 + 5 + 2 (b) 50 + 2 + 1 (c) 50 + 20 + 5
- 9.Meera’s class stall spends ₹525 to make 17 cups of lemonade and sells all of them at ₹25 each. What is the loss (in ₹)?
- 10.The bill for 2 pens and a cricket ball is ₹169. A pen costs ₹17. What does the cricket ball cost (in ₹)?
- 11.Isha has 3 coins of ₹1. Priya has 5 notes of ₹50. Who has more money? (a) Priya (b) Isha
- 12.Rohan has 4 notes of ₹20. Arjun has 8 coins of ₹2. How many more rupees does Rohan have?
- 13.A pen costs ₹16.50. Manav pays ₹20. How much change does Manav get, in rupees? =
- 14.A 2 kg bag of onions costs ₹108. A 5 kg bag costs ₹185. Which bag is cheaper per kg? (a) 5 kg bag (b) 2 kg bag
- 15.Lakshmi wants to save ₹1190 for a wristwatch in 17 weeks, the same amount each week. How many rupees must Lakshmi save each week?
- 16.A 2 kg bag of tomatoes costs ₹44. A 10 kg bag costs ₹370. Which bag is cheaper per kg? (a) 10 kg bag (b) 2 kg bag
- 17.Tara buys a banana for ₹5 and a notebook for ₹35, and pays ₹50. How much change does Tara get (in ₹)?
- 18.Which is the same money as one ₹50 note? (a) five 10-rupee notes (b) six 10-rupee notes (c) two 10-rupee notes
- 19.Ishaan has ₹300 for a picnic. Food costs ₹60 and tickets cost ₹140. Is ₹300 enough? (a) No (b) Yes
- 20.₹94 − ₹42 =
- 21.₹350 + ₹110 =
- 22.Joseph buys a pair of socks for ₹65 and pays with a ₹100 note. How much change does Joseph get (in ₹)?
- 23.Aditya has ₹300 for a picnic. Food costs ₹130 and tickets cost ₹250. Is ₹300 enough? (a) Yes (b) No
- 24.Someone online asks Joseph for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A friend at school (b) No one (c) A caller from the bank
- 25.Count up to find the change from ₹10: ₹9 + ₹? = ₹10
- 26.An ice candy costs ₹11. Meera pays ₹20. How much change does Meera get (in ₹)?
- 27.How many ₹1 coins make a ₹10 coin?
- 28.3 mangoes cost ₹120. What does one mango cost (in ₹)?
- 29.How many coins of ₹2 does Arjun need to make ₹18?
- 30.Aarav spends ₹50 on things to make 12 clay diyas and sells them all at ₹5 each. How many rupees does Aarav earn after paying the costs?
- 31.Rohan buys 2 sharpeners at ₹7 each and pays ₹50. How much change does Rohan get (in ₹)?
- 32.There are 36 children in a class. Each child needs one notebook at ₹50. What is the total cost (in ₹)?
- 33.How many samosas can you buy with ₹57 if one costs ₹19?
- 34.Rohan buys a water bottle for ₹130 and a pen for ₹11, and pays with a ₹500 note. How much change does Rohan get (in ₹)?
- 35.A day trip costs ₹1050 in all. 7 friends share the cost equally. How much does each friend pay (in ₹)?
- 36.After 20% off, a raincoat costs ₹336. What was the price before the sale (in ₹)?
- 37.₹2 + ₹50 + ₹? = ₹72
- 38.What is the smallest number of coins and notes that make ₹71?
- 39.2000 paise is how many rupees? =
- 40.A 1 kg bag of sugar costs ₹44. A 2 kg bag costs ₹90. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
Answer key
- 2
- 25
- 3200
- Profit
- 4
- 875
- 350
- 50 + 5 + 2
- 100
- 135
- Priya
- 64
- 3.5
- 5 kg bag
- 70
- 2 kg bag
- 10
- five 10-rupee notes
- Yes
- 52
- 460
- 35
- No
- No one
- 1
- 9
- 10
- 40
- 9
- 10
- 36
- 1800
- 3
- 359
- 150
- 420
- 20
- 3
- 20
- 1 kg bag
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids