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.Which is worth more: a ₹20 note or a ₹10 coin? (a) 10-rupee coin (b) 20-rupee note
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2.Rohan’s shop bill:
3 lunch boxes at ₹150 each
1 school bag at ₹460
2 water bottles at ₹165 each
What is the total bill (in ₹)? -
3.Rohan’s passbook:
Opening balance: ₹5000
Credit (money in): ₹50
Debit (money out): ₹800
What is the balance now (in ₹)? - 4.Ananya got ₹140 in 4 weeks, the same amount every week. How many rupees is that each week?
- 5.Priya buys a biscuit packet for ₹10 and a crayon box for ₹30, and pays ₹50. How much change does Priya get (in ₹)?
- 6.Gurpreet buys a pair of socks for ₹55 and pays with a ₹100 note. How much change does Gurpreet get (in ₹)?
- 7.How many coins of ₹2 does Tara need to make ₹4?
- 8.A skipping rope costs ₹40. Diya has ₹5 and ₹2. How many more rupees does Diya need?
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9.Price list: ruler ₹10, sharpener ₹4, crayon box ₹40, eraser ₹5.
How much do a crayon box and a ruler cost together (in ₹)? - 10.2 friends run a stall selling paper bookmarks and make a profit of ₹540. They share it equally. How many rupees does each friend get?
- 11.Meera has 6 coins of ₹2. Aarav has 3 notes of ₹100. Who has more money? (a) Aarav (b) Meera
- 12.Of a ₹10000 monthly budget, 10% goes on food and 20% on school fees. The rest is saved. How many rupees are saved?
- 13.Riya gets ₹1400 interest from the bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 14.After 20% off, a toy train costs ₹352. What was the price before the sale (in ₹)?
- 15.One plate of idli costs ₹55. How much do 9 plates of idli cost (in ₹)?
- 16.How many notes of ₹50 make ₹300?
- 17.Ananya has ₹1000 for a picnic. Food costs ₹470 and tickets cost ₹570. Is ₹1000 enough? (a) No (b) Yes
- 18.Manav makes 6 clay diyas an hour and sells each one for ₹5. How many rupees can Manav earn from 3 hours of work?
- 19.How many coins of ₹20 does Meera need to make ₹160?
- 20.A school bag costs ₹340. The shop gives 25% off. How many rupees is the discount?
- 21.A school bag costs ₹400. The shop gives 20% off. What is the sale price (in ₹)?
- 22.Isha’s piggy bank has 4 coins of ₹5, 3 coins of ₹2 and 2 coins of ₹1. How many rupees are in it?
- 23.Kabir has 5 notes of ₹100. Meera has 9 notes of ₹20. Who has more money? (a) Kabir (b) Meera
- 24.A biscuit packet costs ₹10. Farhan pays ₹50. How much change does Farhan get (in ₹)?
- 25.1100 paise is how many rupees? =
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26.Zoya’s passbook:
Opening balance: ₹2400
Debit: ₹150
Credit: ₹50
Credit: ₹350
Credit: ₹50
What is the total of all the credits (in ₹)? - 27.Aditya has 3 notes of ₹200. How many rupees does Aditya have?
- 28.Vivaan has 4 notes of ₹100. How many rupees does Vivaan have?
- 29.A dozen (12) pencils cost ₹60. What does one cost (in ₹)?
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30.Meera’s shop bill:
3 colour pencil sets at ₹65 each
1 mango at ₹35
1 geometry box at ₹110
What is the total bill (in ₹)? - 31.Of a ₹15000 monthly budget, 10% goes on food and 40% on rent. The rest is saved. What percent is saved?
- 32.A skipping rope costs ₹88. Kavya has ₹10 and ₹2. How many more rupees does Kavya need?
- 33.What do 4 samosas at ₹14 each and 5 colour pencil sets at ₹110 each cost in all (in ₹)?
- 34.₹71 − ₹35 =
- 35.Joseph’s class stall spends ₹610 to make 20 greeting cards and sells all of them at ₹30 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 36.Zoya keeps ₹1600 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 3 years?
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37.Farhan’s shop bill:
1 badminton racket at ₹510
1 T-shirt at ₹365
2 pairs of socks at ₹75 each
What is the total bill (in ₹)? - 38.Shop A sells 5 notebooks for ₹300. Shop B sells 3 notebooks for ₹105. Which shop is cheaper for one notebook? (a) Shop A (b) Shop B
- 39.Priya is making a shopping list. Which of these is a need? (a) a third cricket bat (b) a fancy phone cover (c) bus fare to school (d) a new party dress
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40.Price list: toffee ₹1, glue stick ₹18, kite ₹20, eraser ₹3.
How much do a glue stick and a kite cost together (in ₹)?
Answer key
- 20-rupee note
- 1240
- 4250
- 35
- 10
- 45
- 2
- 33
- 50
- 270
- Aarav
- 7000
- Credit
- 440
- 495
- 6
- No
- 90
- 8
- 85
- 320
- 28
- Kabir
- 40
- 11
- 450
- 600
- 400
- 5
- 340
- 50
- 76
- 606
- 36
- Loss
- 240
- 1025
- Shop B
- bus fare to school
- 38
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids