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.Aarav is making a shopping list. Which of these is a want? (a) a schoolbag (b) designer sunglasses (c) soap (d) drinking water
- 2.How many notes of ₹100 make ₹1000?
- 3.Saanvi deposits ₹700 saved in a piggy bank. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 4.Of a ₹10000 monthly budget, 50% goes on travel and 10% on clothes. The rest is saved. How many rupees are saved?
- 5.One pair of socks costs ₹85. How much do 2 pairs of socks cost (in ₹)?
- 6.Count up to find the change from ₹100: ₹39 + ₹? = ₹100
- 7.Rahul’s class stall spends ₹220 to make 21 plates of bhel and sells all of them at ₹10 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 8.Which is the smallest amount: ₹86, ₹84 or ₹17? (a) 17 rupees (b) 86 rupees (c) 84 rupees
- 9.Arjun’s class stall spends ₹220 to make 14 cups of lemonade and sells all of them at ₹10 each. What is the loss (in ₹)?
- 10.Which is the biggest amount: ₹42, ₹46 or ₹57? (a) 46 rupees (b) 57 rupees (c) 42 rupees
- 11.Sneha sells 14 plates of bhel at ₹20 each. How many rupees does Sneha get?
- 12.Shop A sells a lunch box for ₹170 with free delivery. Shop B sells it for ₹250 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 13.Nisha gets ₹35 pocket money every week. How many rupees is that in 9 weeks?
- 14.How many paise are there in ₹10.50?
- 15.Karan gets ₹10 pocket money every week. How many rupees is that in 4 weeks?
- 16.Priya has 2 notes of ₹50 and 3 notes of ₹10. How many rupees does Priya have?
- 17.Which is the same money as one ₹200 note? (a) two 100-rupee notes (b) three 100-rupee notes (c) five 100-rupee notes
- 18.Isha spends ₹110 on things to make 23 paper bookmarks and sells them all at ₹10 each. How many rupees does Isha earn after paying the costs?
- 19.One colour pencil set costs ₹115. How much do 6 colour pencil sets cost (in ₹)?
- 20.A stranger asks Ananya to scan a QR code to “get” ₹10000. What is true? (a) QR codes are always safe (b) It gives you money (c) Scanning a QR pays money
- 21.How many ₹20 notes make a ₹200 note?
- 22.Gurpreet wants to save ₹360 for a storybook set in 9 weeks, the same amount each week. How many rupees must Gurpreet save each week?
- 23.Priya is making a shopping list. Which of these is a want? (a) a glitter pen set (b) bus fare to school (c) notebooks for school (d) medicine when ill
- 24.Isha sells 10 paper bookmarks at ₹15 each. How many rupees does Isha get?
- 25.Aditya had ₹50. Aditya spent ₹5 on a balloon. How many rupees are left?
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26.Price list: eraser ₹5, pencil ₹4, ruler ₹14, kite ₹13.
How much do a pencil and a ruler cost together (in ₹)? - 27.A banana costs ₹8 and a toffee costs ₹1. How many rupees more does the banana cost?
- 28.Aarav has 9 coins of ₹2. How many rupees does Aarav have?
- 29.After 10% off, a raincoat costs ₹360. What was the price before the sale (in ₹)?
- 30.Karan is making a shopping list. Which of these is a want? (a) a sticker album (b) vegetables (c) milk (d) toothpaste
- 31.Lakshmi has 1 note of ₹500 and 5 notes of ₹100. How many rupees does Lakshmi have?
- 32.Kabir gets ₹10 pocket money every week. How many rupees is that in 8 weeks?
- 33.Saanvi’s class stall spends ₹385 to make 27 clay diyas and sells all of them at ₹15 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
- 34.The bill for 2 cricket balls and a T-shirt is ₹480. A cricket ball costs ₹120. What does the T-shirt cost (in ₹)?
- 35.Count up to find the change from ₹100: ₹44 + ₹? = ₹100
- 36.Joseph gets ₹24 every day. How many rupees is that in one week (7 days)?
- 37.A stall pays ₹20 for each greeting card and sells each one for ₹30. It sells 25 greeting cards. What is the total profit (in ₹)?
- 38.Isha spends ₹230 on things to make 24 clay diyas and sells them all at ₹10 each. How many rupees does Isha earn after paying the costs?
- 39.A biscuit packet costs ₹17. Rahul pays ₹20. How much change does Rahul get (in ₹)?
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40.Ananya’s passbook:
Opening balance: ₹2900
Debit: ₹100
Debit: ₹350
Credit: ₹450
Credit: ₹350
What is the total of all the debits (in ₹)?
Answer key
- designer sunglasses
- 10
- Credit
- 4000
- 170
- 61
- Loss
- 17 rupees
- 80
- 57 rupees
- 280
- Shop A
- 315
- 1050
- 40
- 130
- two 100-rupee notes
- 120
- 690
- Scanning a QR pays money
- 10
- 40
- a glitter pen set
- 150
- 45
- 18
- 7
- 18
- 400
- a sticker album
- 1000
- 80
- Profit
- 240
- 56
- 168
- 250
- 10
- 3
- 450
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids