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.Joseph wants a cricket bat that costs ₹635, has ₹180 already and saves ₹60 every week. In how many weeks will Joseph have enough?
- 2.Meera buys a juice box for ₹30 and a ruler for ₹10. How many rupees does Meera spend in all?
- 3.Riya’s mother scans a shop’s QR code to pay ₹25000. What should she check before she pays? (a) The colour of the code (b) Nothing, just pay (c) The name of the shop
- 4.Diya has ₹5. A toffee costs ₹3. Does Diya have enough money to buy it? (a) Yes (b) No
- 5.Aditya has ₹800. First Aditya pays for needs: socks (₹50) and school shoes (₹240). How many rupees are left for wants?
- 6.Shop A sells a football for ₹370 with free delivery. Shop B sells it for ₹355 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 7.Manav has 2 notes of ₹20. How many rupees does Manav have?
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8.Gurpreet’s passbook:
Opening balance: ₹900
Credit (money in): ₹250
Debit (money out): ₹750
What is the balance now (in ₹)? - 9.Nisha has 5 notes of ₹200. How many rupees does Nisha have?
- 10.₹30 − ₹8 =
- 11.Gurpreet sells 19 clay diyas at ₹15 each. How many rupees does Gurpreet get?
- 12.A family plans ₹22000 for the month. 10% of it is for clothes. How many rupees is that?
- 13.Count up to find the change from ₹500: ₹327 + ₹? = ₹500
- 14.After 50% off, a pair of shoes costs ₹140. What was the price before the sale (in ₹)?
- 15.A family plans ₹50000 for the month. 30% of it is for school fees. How many rupees is that?
- 16.The bill for 3 cricket balls and a lunch box is ₹650. A cricket ball costs ₹145. What does the lunch box cost (in ₹)?
- 17.Ishaan gets ₹30 a week, spends ₹25 each week and saves the rest. How many rupees has Ishaan saved after 8 weeks?
- 18.Kavya gets a link: “Click now to win a phone worth ₹500!” What should Kavya do? (a) Ignore it, tell a parent (b) Send it to friends (c) Click it to win
- 19.Shop A sells 3 mangoes for ₹75. Shop B sells 6 mangoes for ₹210. What does one mango cost at the cheaper shop (in ₹)?
- 20.Ananya wants a board game that costs ₹570. Ananya saves ₹30 every week. How many weeks will it take?
- 21.Joseph has ₹1400. In a piggy bank it stays ₹1400. In a bank at 3% simple interest per year, how many rupees more will Joseph have after 1 year?
- 22.Count up to find the change from ₹500: ₹64 + ₹? = ₹500
- 23.650 paise is how many rupees? =
- 24.Zoya is making a shopping list. Which of these is a want? (a) soap (b) a school uniform (c) a fancy phone cover (d) medicine when ill
- 25.The bill for a football and a school bag is ₹1040. A football costs ₹360. What does the school bag cost (in ₹)?
- 26.Karan has ₹590 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Karan can buy?
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27.Gurpreet’s passbook:
Opening balance: ₹4500
Credit (money in): ₹950
Debit (money out): ₹?
Closing balance: ₹850
How many rupees was the debit? - 28.Aditya’s class stall spends ₹460 to make 37 cups of lemonade and sells all of them at ₹10 each. What is the loss (in ₹)?
- 29.Isha’s piggy bank has 5 coins of ₹20, 3 coins of ₹10 and 1 coin of ₹1. How many rupees are in it?
- 30.Rahul has 9 notes of ₹10. Farhan has 5 coins of ₹1. Who has less money? (a) Rahul (b) Farhan
- 31.How many coins of ₹20 does Zoya need to make ₹120?
- 32.Rohan buys a biscuit packet for ₹10 and a juice box for ₹30, and pays ₹50. How much change does Rohan get (in ₹)?
- 33.A pencil costs ₹5 and a toffee costs ₹1. How many rupees more does the pencil cost?
- 34.Priya spends ₹80 of ₹400 pocket money on books. What percent is that?
- 35.Lakshmi buys 3 pairs of socks at ₹60 each and pays with a ₹500 note. How much change does Lakshmi get (in ₹)?
- 36.Kabir has 2 notes of ₹50, 4 notes of ₹20 and 5 coins of ₹1. How many rupees does Kabir have?
- 37.Of a ₹17000 monthly budget, 30% goes on travel and 20% on school fees. The rest is saved. How many rupees are saved?
- 38.A family plans ₹50000 for the month. 50% of it is for school fees. How many rupees is that?
- 39.Saanvi is making a shopping list. Which of these is a need? (a) a sticker album (b) a video game (c) milk (d) a new party dress
- 40.Priya has ₹750. First Priya pays for needs: a water bottle (₹150) and a raincoat (₹50). How many rupees are left for wants?
Answer key
- 8
- 40
- The name of the shop
- Yes
- 510
- Shop A
- 40
- 400
- 1000
- 22
- 285
- 2200
- 173
- 280
- 15000
- 215
- 40
- Ignore it, tell a parent
- 25
- 19
- 42
- 436
- 6.5
- a fancy phone cover
- 680
- 39
- 4600
- 90
- 131
- Farhan
- 6
- 10
- 4
- 20
- 320
- 185
- 8500
- 25000
- milk
- 550
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids