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 has 3 notes of ₹50. How many rupees does Aarav have?
- 2.Count up to find the change from ₹10: ₹6 + ₹? = ₹10
- 3.15 children go on a school trip to the fort. The bus costs ₹40 for each child and the ticket costs ₹40 for each child. What is the total cost (in ₹)?
- 4.A dozen (12) eggs cost ₹96. What does one cost (in ₹)?
- 5.₹15.50 − ₹6.50 =
- 6.₹17 + ₹5 =
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7.Rahul’s passbook:
Opening balance: ₹4100
Credit (money in): ₹250
Debit (money out): ₹3700
What is the balance now (in ₹)? - 8.Aditya has ₹17 in a piggy bank. Dadi gives Aditya ₹7 more. How many rupees does Aditya have now?
- 9.Manav has ₹49 in a piggy bank. Nana gives Manav ₹31 more. How many rupees does Manav have now?
- 10.Lakshmi has 2 notes of ₹50. How many rupees does Lakshmi have?
- 11.Meera had ₹9. Meera spent ₹3 on an eraser. How many rupees are left?
- 12.₹16 + ₹3.50 =
- 13.Shop A sells 5 notebooks for ₹175. Shop B sells 4 notebooks for ₹200. Which shop is cheaper for one notebook? (a) Shop A (b) Shop B
- 14.A 5 kg bag of onions costs ₹170. A 1 kg bag costs ₹22. Which bag is cheaper per kg? (a) 1 kg bag (b) 5 kg bag
- 15.Rahul’s class stall spends ₹350 to make 40 friendship bands and sells all of them at ₹15 each. What is the profit (in ₹)?
- 16.Kabir has 3 notes of ₹100, 1 note of ₹20 and 5 coins of ₹5. How many rupees does Kabir have?
- 17.There are 34 children in a class. Each child needs one notebook at ₹35. What is the total cost (in ₹)?
- 18.There are 13 children in a class. Each child needs one pen at ₹13. What is the total cost (in ₹)?
- 19.Manav had ₹43. Manav spent ₹12 on a samosa. How many rupees are left?
- 20.Arjun’s mother has ₹1800 in her bank account. She pays ₹400 for fruit and ₹50 for vegetables by UPI. How many rupees are left in the account?
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21.Diya’s passbook:
Opening balance: ₹2900
Credit (money in): ₹50
Debit (money out): ₹?
Closing balance: ₹750
How many rupees was the debit? -
22.Meera’s passbook:
Opening balance: ₹4900
Credit (money in): ₹450
Debit (money out): ₹1850
What is the balance now (in ₹)? - 23.A colouring book costs ₹41. Kavya has ₹20 and ₹10. How many more rupees does Kavya need?
- 24.Of a ₹9000 monthly budget, 40% goes on food and 30% on school fees. The rest is saved. What percent is saved?
- 25.Sneha has 2 notes of ₹50, 3 notes of ₹10 and 3 coins of ₹1. How many rupees does Sneha have?
- 26.How many lunch boxes can you buy with ₹1180 if one costs ₹295?
- 27.Ananya spends ₹130 to start a stall and sells each cupcake for ₹10. What is the smallest number Ananya must sell to get back the ₹130?
- 28.Ananya keeps ₹200 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
- 29.Pooja buys a pair of socks for ₹70 and a water bottle for ₹135, and pays with a ₹500 note. How much change does Pooja get (in ₹)?
- 30.A toffee costs ₹3 and a banana costs ₹6. How many rupees more does the banana cost?
- 31.Ananya has 2 coins of ₹2 and 3 coins of ₹20. How many rupees does Ananya have?
- 32.37 children go on a school trip to the science park. The bus costs ₹50 for each child and the ticket costs ₹30 for each child. What is the total cost (in ₹)?
- 33.A jacket costs ₹940. The shop gives 10% off. How many rupees is the discount?
- 34.Kabir’s mother scans a shop’s QR code to pay ₹2000. What should she check before she pays? (a) The name of the shop (b) Nothing, just pay (c) The colour of the code
- 35.Joseph makes 2 greeting cards an hour and sells each one for ₹5. How many rupees can Joseph earn from 1 hour of work?
- 36.₹230 − ₹180 =
- 37.Shop A sells 4 notebooks for ₹140. Shop B sells 5 notebooks for ₹225. Which shop is cheaper for one notebook? (a) Shop A (b) Shop B
- 38.Zoya has ₹12. A sharpener costs ₹9. Does Zoya have enough money to buy it? (a) No (b) Yes
- 39.Kabir buys a sharpener for ₹6 and a notebook for ₹35, and pays ₹50. How much change does Kabir get (in ₹)?
- 40.Priya wants a football that costs ₹360. Priya saves ₹90 every week. How many weeks will it take?
Answer key
- 150
- 4
- 1200
- 8
- 9
- 22
- 650
- 24
- 80
- 100
- 6
- 19.5
- Shop A
- 1 kg bag
- 250
- 345
- 1190
- 169
- 31
- 1350
- 2200
- 3500
- 11
- 30
- 133
- 4
- 13
- 42
- 295
- 3
- 64
- 2960
- 94
- The name of the shop
- 10
- 50
- Shop A
- Yes
- 9
- 4
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids