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.Aditya buys 2 notebooks at ₹40 each and pays with a ₹200 note. How much change does Aditya get (in ₹)?
- 2.Arjun keeps ₹1500 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
- 3.Rohan wants a gift for Mum that costs ₹400. Rohan saves ₹100 every week. How many weeks will it take?
- 4.Count up to find the change from ₹100: ₹30 + ₹? = ₹100
- 5.A family plans ₹19000 for the month. 30% of it is for electricity. How many rupees is that?
- 6.Count up to find the change from ₹10: ₹8 + ₹? = ₹10
-
7.Manav’s passbook:
Opening balance: ₹1800
Credit (money in): ₹250
Debit (money out): ₹?
Closing balance: ₹50
How many rupees was the debit? - 8.Manav wants a storybook set that costs ₹500. Manav saves ₹50 every week. How many weeks will it take?
- 9.Isha wants a wristwatch that costs ₹830, has ₹390 already and saves ₹90 every week. In how many weeks will Isha have enough?
- 10.A family plans ₹35000 for the month. 25% of it is for food. How many rupees is that?
- 11.A 2 kg bag of rice costs ₹86. A 1 kg bag costs ₹40. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
- 12.Diya had ₹69. Diya spent ₹18 on a kite. How many rupees are left?
-
13.Riya’s passbook:
Opening balance: ₹4600
Debit: ₹200
Credit: ₹150
Debit: ₹100
Debit: ₹150
What is the total of all the credits (in ₹)? - 14.One water bottle costs ₹145. How much do 5 water bottles cost (in ₹)?
- 15.A day trip costs ₹2750 in all. 5 friends share the cost equally. How much does each friend pay (in ₹)?
- 16.Manav has 10 coins of ₹10. How many rupees does Manav have?
- 17.Zoya has 2 notes of ₹200, 2 notes of ₹20 and 1 coin of ₹5. How many rupees does Zoya have?
- 18.Ananya has 2 coins of ₹2 and 4 coins of ₹5. How many rupees does Ananya have?
- 19.Meera buys a crayon box for ₹30 and a biscuit packet for ₹16. How many rupees does Meera spend in all?
-
20.Rahul’s passbook:
Opening balance: ₹1600
Credit (money in): ₹850
Debit (money out): ₹450
What is the balance now (in ₹)? - 21.₹10 + ₹51 =
- 22.Riya has 5 notes of ₹20. Lakshmi has 9 notes of ₹100. How many more rupees does Lakshmi have?
- 23.Ishaan’s class stall spends ₹540 to make 29 friendship bands and sells all of them at ₹30 each. What is the profit (in ₹)?
- 24.₹21 + ₹40 + ₹33 =
-
25.Price list: crayon box ₹50, biscuit packet ₹15, balloon ₹7, glue stick ₹25.
How much do a crayon box and a balloon cost together (in ₹)? - 26.Ananya’s class stall spends ₹450 to make 14 plates of bhel and sells all of them at ₹30 each. What is the loss (in ₹)?
- 27.One colour pencil set costs ₹105. How much do 5 colour pencil sets cost (in ₹)?
- 28.A family plans ₹7000 for the month. 50% of it is for food. How many rupees is that?
- 29.Count up to find the change from ₹200: ₹110 + ₹? = ₹200
- 30.After 20% off, a board game costs ₹80. What was the price before the sale (in ₹)?
- 31.Riya’s class stall spends ₹115 to make 21 paper bookmarks and sells all of them at ₹5 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 32.Isha buys a notebook (₹30), a water bottle (₹250), a lunch box (₹235) and a colour pencil set (₹105). What is the total (in ₹)?
- 33.What do 4 water bottles at ₹225 each and 5 plates of idli at ₹60 each cost in all (in ₹)?
- 34.Sneha keeps ₹1600 in a bank. After 3 years the simple interest is ₹240. What is the rate of interest per year (in %)?
-
35.Price list: kite ₹15, pencil ₹4, balloon ₹8, glue stick ₹25.
Which item costs the most? (a) kite (b) glue stick (c) pencil (d) balloon -
36.Pooja’s passbook:
Opening balance: ₹2000
Credit: ₹150
Debit: ₹150
Credit: ₹200
Credit: ₹400
What is the closing balance (in ₹)? - 37.₹380 − ₹190 =
- 38.Which is the same money as one ₹500 note? (a) five 100-rupee notes (b) six 100-rupee notes (c) two 100-rupee notes
- 39.Ishaan has 4 notes of ₹20. How many rupees does Ishaan have?
-
40.Dev’s passbook:
Opening balance: ₹3600
Credit: ₹400
Credit: ₹50
Debit: ₹400
Debit: ₹50
What is the closing balance (in ₹)?
Answer key
- 120
- 75
- 4
- 70
- 5700
- 2
- 2000
- 10
- 5
- 8750
- 1 kg bag
- 51
- 150
- 725
- 550
- 100
- 445
- 24
- 46
- 2000
- 61
- 800
- 330
- 94
- 57
- 30
- 525
- 3500
- 90
- 100
- Loss
- 620
- 1200
- 5
- glue stick
- 2600
- 190
- five 100-rupee notes
- 80
- 3600
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids