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
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1.Price list: sharpener ₹6, notebook ₹35, balloon ₹5, eraser ₹2.
How many rupees more does a sharpener cost than a balloon? - 2.How many paise are there in ₹6.50?
- 3.Which is the biggest amount: ₹28, ₹42 or ₹59? (a) 42 rupees (b) 59 rupees (c) 28 rupees
- 4.A board game costs ₹500. The shop gives 10% off. What is the sale price (in ₹)?
- 5.Gurpreet is making a shopping list. Which of these is a need? (a) a sticker album (b) extra comic books (c) notebooks for school (d) a bigger TV
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6.Price list: pencil ₹4, ice candy ₹10, kite ₹15, glue stick ₹19.
How much do an ice candy and a pencil cost together (in ₹)? - 7.A drawing book costs ₹10.50. Kabir pays ₹20. How much change does Kabir get, in rupees? =
- 8.A dozen (12) bangles cost ₹108. What does one cost (in ₹)?
- 9.Tara’s mother has ₹1200 in her bank account. She pays ₹60 for bread and ₹140 for fruit by UPI. How many rupees are left in the account?
- 10.How many coins of ₹20 does Gurpreet need to make ₹60?
- 11.Kabir wants to save ₹2600 for a bicycle in 13 weeks, the same amount each week. How many rupees must Kabir save each week?
- 12.Gurpreet’s piggy bank has 5 coins of ₹10, 4 coins of ₹2 and 1 coin of ₹1. How many rupees are in it?
- 13.How many coins of ₹20 does Saanvi need to make ₹40?
- 14.Manav has 4 notes of ₹200. How many rupees does Manav have?
- 15.A stall pays ₹8 for each cupcake and sells each one for ₹13. It sells 11 cupcakes. What is the total profit (in ₹)?
- 16.A school bag costs ₹920. Offer 1: 25% off. Offer 2: ₹100 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 17.Meera saves ₹50 every week for 7 weeks, then buys a football for ₹310. How many rupees are left?
- 18.Rohan has 2 coins of ₹2 and 4 coins of ₹1. How many rupees does Rohan have?
- 19.Which is worth the least: a ₹500 note, a ₹100 note or a ₹200 note? (a) 100-rupee note (b) 200-rupee note (c) 500-rupee note
- 20.Shop A sells a badminton racket for ₹315 with free delivery. Shop B sells it for ₹420 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
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21.Price list: toffee ₹1, juice box ₹25, sticker sheet ₹12, kite ₹15.
How much do 2 toffees cost (in ₹)? - 22.For Rohan, is “school shoes” a need or a want? (a) Need (b) Want
- 23.Pooja gets ₹250 pocket money every month. How many rupees is that in one year (12 months)?
- 24.How many coins of ₹2 does Kabir need to make ₹8?
- 25.Rahul has ₹1000 for a picnic. Food costs ₹60 and tickets cost ₹960. Is ₹1000 enough? (a) No (b) Yes
- 26.How many ₹1 coins make a ₹5 coin?
- 27.Which is worth the most: a ₹10 note, a ₹100 note or a ₹5 coin? (a) 5-rupee coin (b) 100-rupee note (c) 10-rupee note
- 28.Rahul’s mother has ₹2100 in her bank account. She pays ₹60 for school books and ₹100 for vegetables by UPI. How many rupees are left in the account?
- 29.Kabir had ₹29. Kabir spent ₹23 on a glue stick. How many rupees are left?
- 30.Dev buys a pair of socks (₹90), a samosa (₹12), a notebook (₹35) and a storybook (₹190). What is the total (in ₹)?
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31.Diya’s passbook:
Opening balance: ₹2100
Credit (money in): ₹950
Debit (money out): ₹?
Closing balance: ₹2300
How many rupees was the debit? - 32.A football costs ₹280. The shop gives 50% off. How many rupees is the discount?
- 33.Farhan has one ₹1 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 34.Dev buys a crayon box for ₹40 and a toffee for ₹3. How many rupees does Dev spend in all?
- 35.A stall pays ₹13 for each paper bookmark and sells each one for ₹15. It sells 13 paper bookmarks. What is the total profit (in ₹)?
- 36.₹420 − ₹20 =
- 37.A toy car costs ₹69. Sneha has ₹20 and ₹5. How many more rupees does Sneha need?
- 38.Shop A sells a football for ₹365 with free delivery. Shop B sells it for ₹440 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 39.₹2.50 + ₹16 =
- 40.Zoya’s class stall spends ₹700 to make 35 greeting cards and sells all of them at ₹20 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
Answer key
- 1
- 650
- 59 rupees
- 450
- notebooks for school
- 14
- 9.5
- 9
- 1000
- 3
- 200
- 59
- 2
- 800
- 55
- Offer 1
- 40
- 8
- 100-rupee note
- Shop A
- 2
- Need
- 3000
- 4
- No
- 5
- 100-rupee note
- 1940
- 6
- 327
- 750
- 140
- Coin
- 43
- 26
- 400
- 44
- Shop A
- 18.5
- No profit, no loss
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids