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.A balloon costs ₹6. Diya pays ₹10. How much change does Diya get (in ₹)?
- 2.A balloon costs ₹6 and a sticker sheet costs ₹8. How many rupees more does the sticker sheet cost?
- 3.Manav’s piggy bank has 5 coins of ₹20, 2 coins of ₹2 and 2 coins of ₹1. How many rupees are in it?
- 4.Lakshmi’s class stall spends ₹250 to make 40 cups of lemonade and sells all of them at ₹5 each. What is the loss (in ₹)?
- 5.Rohan buys 3 pencils at ₹6 each and pays ₹50. How much change does Rohan get (in ₹)?
- 6.Pooja buys 2 biscuit packets at ₹11 each and pays ₹50. How much change does Pooja get (in ₹)?
- 7.What is the smallest number of coins and notes that make ₹99?
- 8.Manav buys a cricket ball for ₹130 and a badminton racket for ₹310, and pays with a ₹500 note. How much change does Manav get (in ₹)?
- 9.One banana costs ₹6. A pack of 3 bananas costs ₹14. How many rupees do you save by buying the pack instead of 3 single ones?
- 10.Arjun has 6 notes of ₹50. How many rupees does Arjun have?
- 11.Karan buys a water bottle (₹235), a mango (₹25), a colour pencil set (₹60) and a badminton racket (₹505). What is the total (in ₹)?
- 12.How many notes of ₹20 make ₹120?
- 13.Of a ₹34000 monthly budget, 50% goes on electricity and 10% on food. The rest is saved. How many rupees are saved?
- 14.How many paise are there in ₹4.50?
- 15.Which is worth more: a ₹50 note or a ₹1 coin? (a) 50-rupee note (b) 1-rupee coin
- 16.Diya makes 3 greeting cards an hour and sells each one for ₹5. How many rupees can Diya earn from 3 hours of work?
- 17.Farhan keeps ₹100 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
- 18.Diya buys a lunch box for ₹195 and a samosa for ₹15, and pays with a ₹500 note. How much change does Diya get (in ₹)?
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19.Diya’s passbook:
Opening balance: ₹3800
Debit: ₹150
Debit: ₹50
Credit: ₹450
Debit: ₹350
What is the closing balance (in ₹)? - 20.Farhan has 2 notes of ₹200, 2 notes of ₹10 and 1 coin of ₹2. How many rupees does Farhan have?
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21.Price list: kite ₹21, toffee ₹1, balloon ₹6, sharpener ₹9.
How much do a toffee and a balloon cost together (in ₹)? - 22.Zoya buys 4 erasers at ₹4 each and pays ₹20. How much change does Zoya get (in ₹)?
- 23.A balloon costs ₹6. Dev pays ₹20. How much change does Dev get (in ₹)?
- 24.A drawing book costs ₹5.50. Rohan pays ₹50. How much change does Rohan get, in rupees? =
- 25.Zoya wants a wristwatch that costs ₹545, has ₹180 already and saves ₹20 every week. In how many weeks will Zoya have enough?
- 26.Meera has ₹39 in a piggy bank. Nana gives Meera ₹14 more. How many rupees does Meera have now?
- 27.Kavya has 8 coins of ₹1. Ishaan has 5 notes of ₹50. How many more rupees does Ishaan have?
- 28.Priya spends ₹240 of ₹800 pocket money on books. What percent is that?
- 29.₹5.50 − ₹2 =
- 30.What is the smallest number of coins and notes that make ₹84?
- 31.Which is the biggest amount: ₹88, ₹12 or ₹32? (a) 12 rupees (b) 88 rupees (c) 32 rupees
- 32.Kabir spends ₹20 of ₹200 pocket money on books. What percent is that?
- 33.Ishaan has ₹27. A juice box costs ₹30. Does Ishaan have enough money to buy it? (a) No (b) Yes
- 34.Farhan keeps ₹600 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
- 35.Gurpreet sells 13 greeting cards at ₹20 each. How many rupees does Gurpreet get?
- 36.200 paise is how many rupees? =
- 37.Tara sees that ₹2000 was sent to a wrong number by mistake. What should Tara do first? (a) Keep it a secret (b) Tell a parent at once (c) Pay again to fix it
- 38.How many paise are there in ₹2.50?
- 39.Which is the biggest amount: ₹48, ₹62 or ₹82? (a) 62 rupees (b) 48 rupees (c) 82 rupees
- 40.A raincoat costs ₹980. The shop gives 25% off. How many rupees is the discount?
Answer key
- 4
- 2
- 106
- 50
- 32
- 28
- 6
- 60
- 4
- 300
- 825
- 6
- 13600
- 450
- 50-rupee note
- 45
- 4
- 290
- 3700
- 422
- 7
- 4
- 14
- 44.5
- 19
- 53
- 242
- 30
- 3.5
- 5
- 88 rupees
- 10
- No
- 72
- 260
- 2
- Tell a parent at once
- 250
- 82 rupees
- 245
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids