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.Gurpreet has 5 coins of ₹2 and 5 coins of ₹1. How many rupees does Gurpreet have?
- 2.A dozen (12) guavas cost ₹96. What does one cost (in ₹)?
- 3.Vivaan’s piggy bank has 5 coins of ₹10, 4 coins of ₹5 and 5 coins of ₹1. How many rupees are in it?
- 4.Aditya is making a shopping list. Which of these is a need? (a) a remote-control car (b) a sticker album (c) a toy robot (d) medicine when ill
- 5.Zoya buys a sticker sheet for ₹9 and a pencil for ₹4, and pays ₹50. How much change does Zoya get (in ₹)?
- 6.Which is the same money as one ₹200 note? (a) six 100-rupee notes (b) four 100-rupee notes (c) two 100-rupee notes
- 7.Which coins and notes make exactly ₹56? (a) 50 + 10 + 5 (b) 50 + 5 + 1 (c) 50 + 2 + 1
- 8.Karan has a budget of ₹1000 for a birthday party. The juice cost ₹230, the snacks cost ₹200 and the return gifts cost ₹200. How many rupees are left?
- 9.Which is the smallest amount: ₹22, ₹19 or ₹61? (a) 61 rupees (b) 22 rupees (c) 19 rupees
- 10.How many paise are there in ₹13?
- 11.A family plans ₹33000 for the month. 30% of it is for food. How many rupees is that?
- 12.Zoya had ₹90. Zoya spent ₹4 on an eraser. How many rupees are left?
- 13.Which is the biggest amount: ₹94, ₹41 or ₹57? (a) 57 rupees (b) 41 rupees (c) 94 rupees
- 14.Arjun’s class stall spends ₹140 to make 11 cupcakes and sells all of them at ₹10 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
- 15.Pooja has 4 notes of ₹200 and 3 notes of ₹50. How many rupees does Pooja have?
- 16.Gurpreet has 4 coins of ₹2. How many rupees does Gurpreet have?
- 17.A 1 kg bag of tomatoes costs ₹49. A 5 kg bag costs ₹275. Which bag is cheaper per kg? (a) 1 kg bag (b) 5 kg bag
- 18.Saanvi has ₹350. First Saanvi pays for needs: a water bottle (₹100) and a lunch box (₹100). How many rupees are left for wants?
- 19.One tiny sticker costs ₹2.50. How many rupees do 3 tiny stickers cost? =
- 20.Diya’s mother scans a shop’s QR code to pay ₹10000. What should she check before she pays? (a) The colour of the code (b) The name of the shop (c) Nothing, just pay
-
21.Price list: juice box ₹20, notebook ₹30, sticker sheet ₹8, sharpener ₹4.
Arjun has ₹20 and buys a sticker sheet. How many rupees are left? - 22.Manav buys 3 pencils at ₹6 each and pays ₹20. How much change does Manav get (in ₹)?
- 23.For Vivaan, is “drinking water” a need or a want? (a) Need (b) Want
- 24.₹1800 earns 6% simple interest per year. In how many years will the interest be ₹432?
- 25.Priya’s class stall spends ₹660 to make 36 paper bookmarks and sells all of them at ₹30 each. What is the profit (in ₹)?
-
26.Price list: crayon box ₹35, ice candy ₹8, banana ₹7, juice box ₹30.
Kavya has ₹10 and buys a banana. How many rupees are left? - 27.Aditya’s mother has ₹1200 in her bank account. She pays ₹300 for bread and ₹60 for fruit by UPI. How many rupees are left in the account?
- 28.Kavya’s mother scans a shop’s QR code to pay ₹5000. What should she check before she pays? (a) Nothing, just pay (b) The name of the shop (c) The colour of the code
- 29.9 footballs cost ₹3375. How much do 2 footballs cost (in ₹)?
-
30.Price list: notebook ₹40, toffee ₹2, glue stick ₹24, ruler ₹14.
Which item costs the least? (a) toffee (b) ruler (c) notebook (d) glue stick - 31.For Riya, is “a school uniform” a need or a want? (a) Want (b) Need
- 32.Shop A sells 4 mangoes for ₹140. Shop B sells 5 mangoes for ₹125. Which shop is cheaper for one mango? (a) Shop B (b) Shop A
- 33.₹58 + ₹36 =
- 34.Shop A sells 4 cricket balls for ₹560. Shop B sells 6 cricket balls for ₹600. Which shop is cheaper for one cricket ball? (a) Shop A (b) Shop B
- 35.The bill for 2 storybooks and a T-shirt is ₹390. A storybook costs ₹95. What does the T-shirt cost (in ₹)?
- 36.Joseph buys a T-shirt for ₹310 and a plate of idli for ₹50, and pays with a ₹500 note. How much change does Joseph get (in ₹)?
- 37.₹79 − ₹72 =
- 38.What is the smallest number of coins and notes that make ₹61?
- 39.Tara wants a wristwatch that costs ₹1120. Tara saves ₹80 every week. How many weeks will it take?
- 40.After 20% off, a cricket bat costs ₹544. What was the price before the sale (in ₹)?
Answer key
- 15
- 8
- 75
- medicine when ill
- 37
- two 100-rupee notes
- 50 + 5 + 1
- 370
- 19 rupees
- 1300
- 9900
- 86
- 94 rupees
- Loss
- 950
- 8
- 1 kg bag
- 150
- 7.5
- The name of the shop
- 12
- 2
- Need
- 4
- 420
- 3
- 840
- The name of the shop
- 750
- toffee
- Need
- Shop B
- 94
- Shop B
- 200
- 140
- 7
- 3
- 14
- 680
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids