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
- 1.8 school bags cost ₹4360. How much do 9 school bags cost (in ₹)?
- 2.One lunch box costs ₹205. How much do 9 lunch boxes cost (in ₹)?
- 3.A 5 kg bag of tomatoes costs ₹200. A 2 kg bag costs ₹90. Which bag is cheaper per kg? (a) 2 kg bag (b) 5 kg bag
- 4.A school bag costs ₹440. Offer 1: 25% off. Offer 2: ₹210 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 5.1200 paise is how many rupees? =
- 6.Vivaan buys 4 samosas at ₹19 each and pays with a ₹500 note. How much change does Vivaan get (in ₹)?
- 7.Which is worth the most: a ₹1 coin, a ₹100 note or a ₹2 coin? (a) 2-rupee coin (b) 1-rupee coin (c) 100-rupee note
- 8.A water bottle costs ₹140. Offer 1: 20% off. Offer 2: ₹10 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 9.Which coins and notes make exactly ₹106? (a) 100 + 100 + 5 (b) 100 + 5 + 2 (c) 100 + 5 + 1
- 10.Rohan spends ₹200 on things to make 27 paper bookmarks and sells them all at ₹15 each. How many rupees does Rohan earn after paying the costs?
- 11.Vivaan’s piggy bank has 1 coin of ₹20, 1 coin of ₹10 and 1 coin of ₹1. How many rupees are in it?
- 12.Pooja takes out ₹950 from an ATM. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 13.₹19.50 − ₹2 =
- 14.₹36 − ₹28 =
- 15.₹19 + ₹75 =
- 16.Meera had ₹15. Meera spent ₹6 on a banana. How many rupees are left?
- 17.Aarav is making a shopping list. Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) a sticker album (d) rice and dal
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18.Price list: juice box ₹25, toffee ₹3, pencil ₹5, notebook ₹30.
How many rupees more does a notebook cost than a juice box? - 19.₹19 + ₹44 =
- 20.Sneha has one ₹500 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 21.Count up to find the change from ₹200: ₹43 + ₹? = ₹200
- 22.Gurpreet spends ₹400 of ₹800 pocket money on books. What percent is that?
- 23.Rahul has ₹350. First Rahul pays for needs: school shoes (₹50) and notebooks (₹100). How many rupees are left for wants?
- 24.Kabir’s class stall spends ₹355 to make 21 greeting cards and sells all of them at ₹15 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
- 25.Joseph had ₹40. Joseph spent ₹19 on a kite. How many rupees are left?
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26.Price list: pencil ₹4, juice box ₹20, balloon ₹8, samosa ₹16.
Farhan has ₹20 and buys a balloon. How many rupees are left? - 27.Which is the same money as one ₹50 note? (a) two 10-rupee notes (b) five 10-rupee notes (c) four 10-rupee notes
- 28.Of a ₹7000 monthly budget, 5% goes on travel and 10% on food. The rest is saved. How many rupees are saved?
- 29.Rohan has 3 notes of ₹100. Aarav has 9 coins of ₹2. Who has more money? (a) Rohan (b) Aarav
- 30.Shop A sells 4 plates of idli for ₹140. Shop B sells 5 plates of idli for ₹200. Which shop is cheaper for one plate of idli? (a) Shop B (b) Shop A
- 31.How many notes of ₹100 make ₹500?
- 32.Someone online asks Kavya for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A friend at school (b) No one (c) A caller from the bank
- 33.A samosa costs ₹19 and a pencil costs ₹6. How many rupees more does the samosa cost?
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34.Karan’s shop bill:
2 samosas at ₹20 each
1 football at ₹420
1 pair of socks at ₹55
What is the total bill (in ₹)? - 35.How many cricket balls can you buy with ₹240 if one costs ₹120?
- 36.₹68 + ₹15 =
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37.Kavya’s passbook:
Opening balance: ₹2000
Debit: ₹350
Credit: ₹50
Credit: ₹450
Debit: ₹50
What is the total of all the credits (in ₹)? - 38.Kavya had ₹97. Kavya spent ₹8 on an ice candy. How many rupees are left?
- 39.Manav wants a cricket bat that costs ₹450. Manav saves ₹90 every week. How many weeks will it take?
- 40.A pencil costs ₹8 and a sharpener costs ₹9. How many rupees more does the sharpener cost?
Answer key
- 4905
- 1845
- 5 kg bag
- Offer 2
- 12
- 424
- 100-rupee note
- Offer 1
- 100 + 5 + 1
- 205
- 31
- Debit
- 17.5
- 8
- 94
- 9
- rice and dal
- 5
- 63
- Note
- 157
- 50
- 200
- Loss
- 21
- 12
- five 10-rupee notes
- 5950
- Rohan
- Shop A
- 5
- No one
- 13
- 515
- 2
- 83
- 500
- 89
- 5
- 1
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids