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.Kabir’s passbook:
Opening balance: ₹4100
Credit (money in): ₹550
Debit (money out): ₹1500
What is the balance now (in ₹)? - 2.Rahul buys a balloon for ₹9 and a crayon box for ₹30, and pays ₹50. How much change does Rahul get (in ₹)?
- 3.A 2 kg bag of dal costs ₹260. A 5 kg bag costs ₹615. Which bag is cheaper per kg? (a) 5 kg bag (b) 2 kg bag
- 4.A notebook costs ₹2.50. Dev pays ₹20. How much change does Dev get, in rupees? =
- 5.Aditya’s class stall spends ₹390 to make 12 cupcakes and sells all of them at ₹30 each. What is the loss (in ₹)?
- 6.Arjun got ₹360 in 6 weeks, the same amount every week. How many rupees is that each week?
- 7.Aarav has ₹100. In a piggy bank it stays ₹100. In a bank at 2% simple interest per year, how many rupees more will Aarav have after 3 years?
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8.Price list: kite ₹11, crayon box ₹45, ice candy ₹8, eraser ₹5.
How many rupees more does a crayon box cost than a kite? - 9.A pair of shoes costs ₹320. Offer 1: 25% off. Offer 2: ₹120 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 10.10 lunch boxes cost ₹2200. What does one lunch box cost (in ₹)?
- 11.The bill for 2 notebooks and a cricket ball is ₹180. A notebook costs ₹35. What does the cricket ball cost (in ₹)?
- 12.A pencil costs ₹6 and a ruler costs ₹13. How many rupees more does the ruler cost?
- 13.₹50 − ₹21 =
- 14.Shop A sells 5 mangoes for ₹200. Shop B sells 3 mangoes for ₹75. Which shop is cheaper for one mango? (a) Shop A (b) Shop B
- 15.₹30 − ₹24 =
- 16.Of a ₹16000 monthly budget, 10% goes on food and 25% on rent. The rest is saved. What percent is saved?
- 17.Which coins and notes make exactly ₹170? (a) 100 + 50 + 1 (b) 100 + 50 + 20 (c) 100 + 100 + 50
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18.Price list: toffee ₹1, sharpener ₹8, banana ₹7, ruler ₹15.
How many rupees more does a ruler cost than a toffee? - 19.₹260 + ₹140 =
- 20.What is the smallest number of coins and notes that make ₹14?
- 21.Arjun saves ₹80 every week for 10 weeks, then buys a cricket bat for ₹710. How many rupees are left?
- 22.₹20 + ₹5 + ₹? = ₹27
- 23.Arjun has a budget of ₹2000 for a birthday party. The juice cost ₹170, the decorations cost ₹140 and the return gifts cost ₹180. How many rupees are left?
- 24.Meera buys a samosa for ₹12 and pays with a ₹100 note. How much change does Meera get (in ₹)?
- 25.How many paise are there in ₹6.50?
- 26.A raincoat costs ₹380. The shop gives 50% off. What is the sale price (in ₹)?
- 27.Rahul has one ₹50 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 28.Aarav spends ₹150 to start a stall and sells each plate of bhel for ₹15. What is the smallest number Aarav must sell to get back the ₹150?
- 29.Dev has 3 notes of ₹10. Meera has 7 notes of ₹100. Who has more money? (a) Dev (b) Meera
- 30.How many notes of ₹100 make ₹800?
- 31.Arjun has ₹52 in a piggy bank. Dada gives Arjun ₹22 more. How many rupees does Arjun have now?
- 32.22 children go on a school trip to the planetarium. The bus costs ₹70 for each child and the ticket costs ₹35 for each child. What is the total cost (in ₹)?
- 33.What is the smallest number of coins and notes that make ₹86?
- 34.A ruler costs ₹9. Nisha pays ₹10. How much change does Nisha get (in ₹)?
- 35.A water bottle costs ₹740. The shop gives 20% off. What is the sale price (in ₹)?
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36.Joseph’s shop bill:
1 school bag at ₹515
1 water bottle at ₹175
1 T-shirt at ₹350
What is the total bill (in ₹)? - 37.₹41 + ₹33 =
- 38.Aarav buys a colour pencil set for ₹70 and pays with a ₹100 note. How much change does Aarav get (in ₹)?
- 39.Which is worth more: a ₹10 note or a ₹200 note? (a) 200-rupee note (b) 10-rupee note
- 40.Lakshmi has ₹650. First Lakshmi pays for needs: notebooks (₹90) and socks (₹190). How many rupees are left for wants?
Answer key
- 3150
- 11
- 5 kg bag
- 17.5
- 30
- 60
- 6
- 34
- Offer 2
- 220
- 110
- 7
- 29
- Shop B
- 6
- 65
- 100 + 50 + 20
- 14
- 400
- 3
- 90
- 2
- 1510
- 88
- 650
- 190
- Note
- 10
- Meera
- 8
- 74
- 2310
- 5
- 1
- 592
- 1040
- 74
- 30
- 200-rupee note
- 370
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids