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.Which is the same money as one ₹10 note? (a) four 5-rupee coins (b) three 5-rupee coins (c) two 5-rupee coins
- 2.A 5 kg bag of rice costs ₹385. A 1 kg bag costs ₹67. How many rupees per kg do you save with the cheaper bag?
- 3.Sneha buys 2 pens at ₹22 each and pays with a ₹500 note. How much change does Sneha get (in ₹)?
- 4.Shop A sells 6 plates of idli for ₹330. Shop B sells 4 plates of idli for ₹240. Which shop is cheaper for one plate of idli? (a) Shop B (b) Shop A
- 5.Of a ₹38000 monthly budget, 10% goes on school fees and 30% on clothes. The rest is saved. What percent is saved?
- 6.One T-shirt costs ₹255. How much do 9 T-shirts cost (in ₹)?
- 7.Aarav had ₹23. Aarav spent ₹4 on an eraser. How many rupees are left?
- 8.How many ₹10 notes make a ₹20 coin?
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9.Price list: toffee ₹2, kite ₹19, eraser ₹4, notebook ₹45.
How much do 3 kites cost (in ₹)? - 10.Kabir is making a shopping list. Which of these is a need? (a) a new party dress (b) drinking water (c) a glitter pen set (d) a remote-control car
- 11.Count up to find the change from ₹10: ₹8 + ₹? = ₹10
- 12.Tara has 4 notes of ₹50, 1 note of ₹10 and 2 coins of ₹5. How many rupees does Tara have?
- 13.A 2 kg bag of onions costs ₹108. A 5 kg bag costs ₹180. Which bag is cheaper per kg? (a) 5 kg bag (b) 2 kg bag
- 14.Rahul got ₹720 in 8 weeks, the same amount every week. How many rupees is that each week?
- 15.Pooja has ₹750. First Pooja pays for needs: a lunch box (₹130) and a raincoat (₹200). How many rupees are left for wants?
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16.Price list: samosa ₹17, biscuit packet ₹20, sharpener ₹9, toffee ₹3.
How much do a sharpener and a toffee cost together (in ₹)? - 17.9 samosas cost ₹180. How much do 4 samosas cost (in ₹)?
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18.Price list: balloon ₹7, crayon box ₹30, pencil ₹5, samosa ₹18.
Which item costs the least? (a) crayon box (b) pencil (c) samosa (d) balloon -
19.Price list: notebook ₹45, banana ₹8, toffee ₹2, biscuit packet ₹18.
How much do 2 notebooks cost (in ₹)? - 20.Meera has ₹8. A biscuit packet costs ₹10. Does Meera have enough money to buy it? (a) No (b) Yes
- 21.Arjun’s class stall spends ₹210 to make 14 cups of lemonade and sells all of them at ₹15 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 22.Ishaan had ₹18. Ishaan spent ₹5 on a pencil. How many rupees are left?
- 23.Aarav had ₹89. Aarav spent ₹5 on a banana. How many rupees are left?
- 24.A water gun costs ₹67. Meera has ₹10 and ₹2. How many more rupees does Meera need?
- 25.Nisha’s class stall spends ₹420 to make 36 plates of bhel and sells all of them at ₹10 each. What is the loss (in ₹)?
- 26.The bill for a pen and a water bottle is ₹199. A pen costs ₹24. What does the water bottle cost (in ₹)?
- 27.₹800 − ₹50 =
- 28.₹39 + ₹22 + ₹24 =
- 29.Tara has a budget of ₹2000 for a birthday party. The decorations cost ₹170, the return gifts cost ₹200 and the cake cost ₹80. How many rupees are left?
- 30.A water bottle costs ₹320. Offer 1: 50% off. Offer 2: ₹120 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 31.A 1 kg bag of onions costs ₹59. A 5 kg bag costs ₹135. How many rupees per kg do you save with the cheaper bag?
- 32.Karan makes 4 paper bookmarks an hour and sells each one for ₹10. How many rupees can Karan earn from 1 hour of work?
- 33.What do 5 pairs of socks at ₹85 each and 2 T-shirts at ₹245 each cost in all (in ₹)?
- 34.Shop A sells a water bottle for ₹150 with free delivery. Shop B sells it for ₹135 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 35.Which is worth more: a ₹1 coin or a ₹2 coin? (a) 2-rupee coin (b) 1-rupee coin
- 36.Kavya buys an ice candy for ₹14 and a ruler for ₹11, and pays ₹50. How much change does Kavya get (in ₹)?
- 37.Kabir’s piggy bank has 5 coins of ₹10, 1 coin of ₹2 and 2 coins of ₹1. How many rupees are in it?
- 38.How many notes of ₹20 make ₹80?
- 39.Isha has ₹570 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Isha can buy?
- 40.What is the smallest number of coins and notes that make ₹32?
Answer key
- two 5-rupee coins
- 10
- 456
- Shop A
- 60
- 2295
- 19
- 2
- 57
- drinking water
- 2
- 220
- 5 kg bag
- 90
- 420
- 12
- 80
- pencil
- 90
- No
- No profit, no loss
- 13
- 84
- 55
- 60
- 175
- 750
- 85
- 1550
- Offer 1
- 32
- 40
- 915
- Shop A
- 2-rupee coin
- 25
- 54
- 4
- 11
- 3
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids