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 the least: a ₹1 coin, a ₹500 note or a ₹2 coin? (a) 1-rupee coin (b) 500-rupee note (c) 2-rupee coin
- 2.A storybook costs ₹63. Zoya has ₹5 and ₹10. How many more rupees does Zoya need?
- 3.One plate of idli costs ₹35. How much do 9 plates of idli cost (in ₹)?
- 4.Kavya buys a toffee for ₹3 and a samosa for ₹16, and pays ₹50. How much change does Kavya get (in ₹)?
- 5.A 1 kg bag of wheat flour costs ₹45. A 10 kg bag costs ₹410. Which bag is cheaper per kg? (a) 10 kg bag (b) 1 kg bag
- 6.Arjun has ₹600. First Arjun pays for needs: a water bottle (₹110) and socks (₹180). How many rupees are left for wants?
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7.Price list: kite ₹11, balloon ₹8, toffee ₹2, juice box ₹20.
How many rupees more does a kite cost than a balloon? - 8.Farhan has ₹1500. In a piggy bank it stays ₹1500. In a bank at 2% simple interest per year, how many rupees more will Farhan have after 1 year?
- 9.Count up to find the change from ₹50: ₹12 + ₹? = ₹50
- 10.A board game costs ₹860. The shop gives 25% off. What is the sale price (in ₹)?
- 11.One paper clip costs ₹3.50. How many rupees do 3 paper clips cost? =
- 12.Arjun keeps ₹100 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 5 years?
- 13.Rahul has 5 notes of ₹10. How many rupees does Rahul have?
- 14.Aarav has 6 coins of ₹1. How many rupees does Aarav have?
- 15.3 pairs of socks cost ₹255. What does one pair of socks cost (in ₹)?
- 16.Kavya has ₹830 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Kavya can buy?
- 17.Nisha has 6 coins of ₹1. Ishaan has 3 notes of ₹10. How many more rupees does Ishaan have?
- 18.A study lamp costs ₹200. The shop gives 25% off. What is the sale price (in ₹)?
- 19.Shop A sells a badminton racket for ₹430 with free delivery. Shop B sells it for ₹305 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 20.One football costs ₹320. How much do 8 footballs cost (in ₹)?
- 21.What do 2 footballs at ₹260 each and 3 notebooks at ₹40 each cost in all (in ₹)?
- 22.Vivaan’s class stall spends ₹110 to make 21 plates of bhel and sells all of them at ₹10 each. What is the profit (in ₹)?
- 23.₹31 + ₹17 + ₹15 =
- 24.Gurpreet has 4 notes of ₹100, 4 notes of ₹20 and 5 coins of ₹5. How many rupees does Gurpreet have?
- 25.Which is the same money as one ₹200 note? (a) five 50-rupee notes (b) two 50-rupee notes (c) four 50-rupee notes
- 26.Nisha gets ₹90 a week, spends ₹15 each week and saves the rest. How many rupees has Nisha saved after 5 weeks?
- 27.What is the smallest number of coins and notes that make ₹140?
- 28.A 5 kg bag of sugar costs ₹250. A 2 kg bag costs ₹96. Which bag is cheaper per kg? (a) 2 kg bag (b) 5 kg bag
- 29.There are 29 children in a class. Each child needs one plate of idli at ₹50. What is the total cost (in ₹)?
- 30.Arjun buys a cricket ball (₹115), a lunch box (₹155), a water bottle (₹225) and a school bag (₹650). What is the total (in ₹)?
- 31.For Sneha, is “school shoes” a need or a want? (a) Want (b) Need
- 32.₹25.50 − ₹20.50 =
- 33.A yo-yo costs ₹96. Priya has ₹5 and ₹10. How many more rupees does Priya need?
- 34.Zoya has 5 coins of ₹1 and 5 coins of ₹10. How many rupees does Zoya have?
- 35.Ishaan makes 3 greeting cards an hour and sells each one for ₹15. How many rupees can Ishaan earn from 1 hour of work?
- 36.Which is the biggest amount: ₹84, ₹34 or ₹39? (a) 39 rupees (b) 34 rupees (c) 84 rupees
- 37.Zoya has a budget of ₹500 for a birthday party. The juice cost ₹100, the cake cost ₹90 and the return gifts cost ₹30. How many rupees are left?
- 38.Lakshmi has 3 coins of ₹5. Meera has 3 notes of ₹20. How many more rupees does Meera have?
- 39.A dozen (12) bangles cost ₹120. What does one cost (in ₹)?
- 40.Sneha’s mother has ₹1800 in her bank account. She pays ₹330 for bread and ₹400 for fruit by UPI. How many rupees are left in the account?
Answer key
- 1-rupee coin
- 48
- 315
- 31
- 10 kg bag
- 310
- 3
- 30
- 38
- 645
- 10.5
- 35
- 50
- 6
- 85
- 55
- 24
- 150
- Shop B
- 2560
- 640
- 100
- 63
- 505
- four 50-rupee notes
- 375
- 3
- 2 kg bag
- 1450
- 1145
- Need
- 5
- 81
- 55
- 45
- 84 rupees
- 280
- 45
- 10
- 1070
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids