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’s mother has ₹1600 in her bank account. She pays ₹370 for bread and ₹130 for vegetables by UPI. How many rupees are left in the account?
- 2.Joseph has 4 coins of ₹20 and 5 coins of ₹1. How many rupees does Joseph have?
- 3.One toffee costs 50 paise. How many rupees do 2 toffees cost? =
- 4.Rohan spends ₹200 to start a stall and sells each cupcake for ₹20. What is the smallest number Rohan must sell to get back the ₹200?
- 5.Which is the same money as one ₹100 note? (a) two 50-rupee notes (b) six 50-rupee notes (c) three 50-rupee notes
- 6.Which coins and notes make exactly ₹71? (a) 50 + 5 + 1 (b) 50 + 20 + 1 (c) 100 + 50 + 20
- 7.What do 2 water bottles at ₹120 each and 3 pens at ₹24 each cost in all (in ₹)?
- 8.Gurpreet has 3 coins of ₹1 and 3 coins of ₹5. How many rupees does Gurpreet have?
- 9.Isha has 2 notes of ₹10. Ananya has 9 coins of ₹1. How many more rupees does Isha have?
- 10.Riya wants an art kit that costs ₹210. Riya saves ₹30 every week. How many weeks will it take?
- 11.Ishaan keeps ₹600 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
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12.Price list: juice box ₹30, balloon ₹10, notebook ₹40, biscuit packet ₹16.
How much do 2 juice boxes cost (in ₹)? - 13.How many coins of ₹2 does Nisha need to make ₹18?
- 14.A message says Isha has won ₹25000. It asks for the UPI PIN to send the prize. What is true? (a) No PIN to receive money (b) Enter the PIN quickly (c) Prizes need your PIN
- 15.Ananya has 6 coins of ₹5 and 6 coins of ₹20. How many rupees does Ananya have?
- 16.Lakshmi wants to save ₹400 for a football in 4 weeks, the same amount each week. How many rupees must Lakshmi save each week?
- 17.Isha spends ₹180 to start a stall and sells each cup of lemonade for ₹20. What is the smallest number Isha must sell to get back the ₹180?
- 18.Kabir buys a samosa for ₹17 and an eraser for ₹5, and pays ₹50. How much change does Kabir get (in ₹)?
- 19.Diya buys a cricket ball for ₹120 and a geometry box for ₹115, and pays with a ₹500 note. How much change does Diya get (in ₹)?
- 20.Sneha saves ₹70 every week for 10 weeks, then buys a board game for ₹70. How many rupees are left?
- 21.One eraser costs ₹5. A pack of 3 erasers costs ₹12. How many rupees do you save by buying the pack instead of 3 single ones?
- 22.Pooja’s class stall spends ₹280 to make 34 clay diyas and sells all of them at ₹10 each. What is the profit (in ₹)?
- 23.Sneha’s class stall spends ₹290 to make 12 cups of lemonade and sells all of them at ₹25 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 24.A water gun costs ₹46. Karan has ₹10 and ₹5. How many more rupees does Karan need?
- 25.A yo-yo costs ₹81. Meera has ₹20 and ₹10. How many more rupees does Meera need?
- 26.Kavya is making a shopping list. Which of these is a want? (a) a schoolbag (b) milk (c) a video game (d) toothpaste
- 27.Gurpreet’s piggy bank has 5 coins of ₹20, 2 coins of ₹10 and 1 coin of ₹2. How many rupees are in it?
- 28.A samosa costs ₹12 and an ice candy costs ₹8. How many rupees more does the samosa cost?
- 29.Kavya’s class stall spends ₹310 to make 13 paper bookmarks and sells all of them at ₹20 each. What is the loss (in ₹)?
- 30.Manav has 1 note of ₹50 and 2 notes of ₹20. How many rupees does Manav have?
- 31.Farhan gets ₹8 every day. How many rupees is that in one week (7 days)?
- 32.Kabir got ₹280 in 7 weeks, the same amount every week. How many rupees is that each week?
- 33.A notebook costs ₹44. Priya pays ₹50. How much change does Priya get (in ₹)?
- 34.Diya has ₹23 in a piggy bank. Chacha gives Diya ₹22 more. How many rupees does Diya have now?
- 35.Arjun has 4 notes of ₹50, 4 notes of ₹20 and 3 coins of ₹2. How many rupees does Arjun have?
- 36.Meera has 3 notes of ₹100 and 3 notes of ₹50. How many rupees does Meera have?
- 37.Karan has 7 coins of ₹2. Vivaan has 6 notes of ₹50. How many more rupees does Vivaan have?
- 38.A dozen (12) bangles cost ₹84. What does one cost (in ₹)?
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39.Nisha’s shop bill:
2 storybooks at ₹200 each
3 notebooks at ₹50 each
1 water bottle at ₹150
What is the total bill (in ₹)? - 40.Nisha spends ₹35 of ₹700 pocket money on books. What percent is that?
Answer key
- 1100
- 85
- 1
- 10
- two 50-rupee notes
- 50 + 20 + 1
- 312
- 18
- 11
- 7
- 60
- 60
- 9
- No PIN to receive money
- 150
- 100
- 9
- 28
- 265
- 630
- 3
- 60
- Profit
- 31
- 51
- a video game
- 122
- 4
- 50
- 90
- 56
- 40
- 6
- 45
- 286
- 450
- 286
- 7
- 700
- 5
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids