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
- 1.7 badminton rackets cost ₹2380. How much do 4 badminton rackets cost (in ₹)?
- 2.One tiny sticker costs 50 paise. How many rupees do 10 tiny stickers cost? =
- 3.Priya’s class stall spends ₹220 to make 10 paper bookmarks and sells all of them at ₹20 each. What is the loss (in ₹)?
- 4.How many notes of ₹10 make ₹80?
-
5.Isha’s passbook:
Opening balance: ₹5000
Credit (money in): ₹450
Debit (money out): ₹4900
What is the balance now (in ₹)? - 6.3 cricket balls cost ₹300. What does one cricket ball cost (in ₹)?
- 7.Gurpreet makes 5 paper bookmarks an hour and sells each one for ₹20. How many rupees can Gurpreet earn from 1 hour of work?
- 8.A day trip costs ₹1050 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
- 9.A stall pays ₹3 for each plate of bhel and sells each one for ₹13. It sells 27 plates of bhel. What is the total profit (in ₹)?
- 10.A football costs ₹250 online. Delivery is ₹70 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 11.Riya buys a banana for ₹8 and a sticker sheet for ₹9. How many rupees does Riya spend in all?
- 12.₹25 + ₹9 + ₹24 =
- 13.Kavya buys a pair of socks for ₹80 and pays with a ₹100 note. How much change does Kavya get (in ₹)?
- 14.Isha wants a football that costs ₹560, has ₹230 already and saves ₹70 every week. In how many weeks will Isha have enough?
- 15.A storybook costs ₹47. Rohan has ₹10 and ₹10. How many more rupees does Rohan need?
- 16.Which coins and notes make exactly ₹16? (a) 10 + 5 + 1 (b) 20 + 5 + 1 (c) 10 + 10 + 5
- 17.Sneha has 4 notes of ₹100. Pooja has 3 coins of ₹2. Who has more money? (a) Sneha (b) Pooja
- 18.Zoya wants a gift for Mum that costs ₹200. Zoya saves ₹40 every week. How many weeks will it take?
- 19.Joseph wants to save ₹480 for an art kit in 6 weeks, the same amount each week. How many rupees must Joseph save each week?
- 20.How many coins of ₹10 does Sneha need to make ₹20?
- 21.A raincoat costs ₹280. The shop gives 50% off. How many rupees is the discount?
- 22.Nisha buys 3 plates of idli at ₹45 each and pays with a ₹200 note. How much change does Nisha get (in ₹)?
- 23.Karan buys a notebook for ₹40 and a glue stick for ₹23. How many rupees does Karan spend in all?
- 24.₹470 + ₹220 =
- 25.Kabir has 5 coins of ₹1 and 3 coins of ₹20. How many rupees does Kabir have?
- 26.Rahul has 6 notes of ₹10. How many rupees does Rahul have?
- 27.Which is the same money as one ₹50 note? (a) five 10-rupee notes (b) two 10-rupee notes (c) four 10-rupee notes
- 28.Sneha gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Sneha do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
- 29.A stall pays ₹5 for each friendship band and sells each one for ₹7. It sells 22 friendship bands. What is the total profit (in ₹)?
- 30.Someone online asks Aditya for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) A friend at school (c) No one
- 31.Diya is making a shopping list. Which of these is a need? (a) a video game (b) a fancy phone cover (c) a remote-control car (d) a raincoat
- 32.Nisha has ₹17. A glue stick costs ₹17. Does Nisha have enough money to buy it? (a) No (b) Yes
- 33.Shop A sells 6 mangoes for ₹210. Shop B sells 3 mangoes for ₹60. Which shop is cheaper for one mango? (a) Shop B (b) Shop A
- 34.Rahul has 1 note of ₹100 and 4 notes of ₹50. How many rupees does Rahul have?
- 35.₹2 + ₹? + ₹100 = ₹103
-
36.Gurpreet’s passbook:
Opening balance: ₹500
Credit (money in): ₹200
Debit (money out): ₹?
Closing balance: ₹400
How many rupees was the debit? -
37.Gurpreet’s passbook:
Opening balance: ₹1800
Credit (money in): ₹950
Debit (money out): ₹?
Closing balance: ₹2100
How many rupees was the debit? - 38.A family plans ₹9000 for the month. 10% of it is for travel. How many rupees is that?
- 39.Gurpreet has 9 notes of ₹50. How many rupees does Gurpreet have?
- 40.Karan buys a juice box for ₹30 and a balloon for ₹8, and pays ₹50. How much change does Karan get (in ₹)?
Answer key
- 1360
- 5
- 20
- 8
- 550
- 100
- 100
- 350
- 270
- 300
- 17
- 58
- 20
- 5
- 27
- 10 + 5 + 1
- Sneha
- 5
- 80
- 2
- 140
- 65
- 63
- 690
- 65
- 60
- five 10-rupee notes
- Never share the OTP
- 44
- No one
- a raincoat
- Yes
- Shop B
- 300
- 1
- 300
- 650
- 900
- 450
- 12
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids