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 worth the least: a ₹2 coin, a ₹50 note or a ₹20 note? (a) 50-rupee note (b) 2-rupee coin (c) 20-rupee note
- 2.A 5 kg bag of potatoes costs ₹120. A 1 kg bag costs ₹25. How many rupees per kg do you save with the cheaper bag?
- 3.An eraser costs ₹5. Ishaan pays ₹50. How much change does Ishaan get (in ₹)?
- 4.Priya buys a cricket ball for ₹110 and a colour pencil set for ₹110, and pays with a ₹500 note. How much change does Priya get (in ₹)?
- 5.Shop A sells 4 cricket balls for ₹440. Shop B sells 2 cricket balls for ₹290. What does one cricket ball cost at the cheaper shop (in ₹)?
- 6.Kavya has ₹12 in a piggy bank. Dada gives Kavya ₹13 more. How many rupees does Kavya have now?
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7.Arjun’s passbook:
Opening balance: ₹1000
Credit (money in): ₹300
Debit (money out): ₹?
Closing balance: ₹1050
How many rupees was the debit? - 8.A 2 kg bag of dal costs ₹184. A 1 kg bag costs ₹143. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
- 9.What is the smallest number of coins and notes that make ₹198?
- 10.Aditya has ₹490 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Aditya can buy?
- 11.Vivaan has ₹900. First Vivaan pays for needs: notebooks (₹280) and socks (₹80). How many rupees are left for wants?
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12.Priya’s passbook:
Opening balance: ₹1100
Credit (money in): ₹750
Debit (money out): ₹200
What is the balance now (in ₹)? - 13.Sneha has 4 coins of ₹1. How many rupees does Sneha have?
- 14.A toffee costs ₹3. Sneha pays ₹50. How much change does Sneha get (in ₹)?
- 15.A yo-yo costs ₹63. Gurpreet has ₹5 and ₹2. How many more rupees does Gurpreet need?
- 16.After 10% off, a pair of shoes costs ₹864. What was the price before the sale (in ₹)?
- 17.Sneha has 3 coins of ₹5 and 6 coins of ₹2. How many rupees does Sneha have?
- 18.A 1 kg bag of rice costs ₹44. A 2 kg bag costs ₹114. How many rupees per kg do you save with the cheaper bag?
- 19.Joseph has a budget of ₹2000 for a birthday party. The snacks cost ₹390, the juice cost ₹390 and the decorations cost ₹440. How many rupees are left?
- 20.A sharpener costs ₹8 and a glue stick costs ₹22. How many rupees more does the glue stick cost?
- 21.A 1 kg bag of rice costs ₹79. A 5 kg bag costs ₹230. Which bag is cheaper per kg? (a) 5 kg bag (b) 1 kg bag
- 22.Vivaan’s piggy bank has 3 coins of ₹10, 1 coin of ₹5 and 4 coins of ₹1. How many rupees are in it?
- 23.Vivaan gets ₹60 a week, spends ₹20 each week and saves the rest. How many rupees has Vivaan saved after 7 weeks?
- 24.How many paise are there in ₹17?
- 25.Sneha buys a colour pencil set (₹80), a badminton racket (₹550), a cricket ball (₹105) and a notebook (₹35). What is the total (in ₹)?
- 26.₹35 − ₹5 =
- 27.Arjun has ₹950. First Arjun pays for needs: socks (₹290) and notebooks (₹120). How many rupees are left for wants?
- 28.Dev has ₹340 for return gifts. Each gift costs ₹25. What is the greatest number of gifts Dev can buy?
- 29.Kavya has ₹250 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Kavya can buy?
- 30.4 pens cost ₹92. What does one pen cost (in ₹)?
- 31.₹1 + ₹? + ₹5 = ₹56
- 32.Priya has 3 notes of ₹200, 2 notes of ₹10 and 1 coin of ₹2. How many rupees does Priya have?
- 33.Shop A sells 4 colour pencil sets for ₹240. Shop B sells 5 colour pencil sets for ₹500. What does one colour pencil set cost at the cheaper shop (in ₹)?
- 34.Saanvi has 5 notes of ₹50. How many rupees does Saanvi have?
- 35.Riya is making a shopping list. Which of these is a want? (a) school shoes (b) a school uniform (c) a toy robot (d) a raincoat
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36.Nisha’s shop bill:
2 notebooks at ₹45 each
4 geometry boxes at ₹130 each
1 football at ₹370
What is the total bill (in ₹)? - 37.Karan spends ₹45 of ₹900 pocket money on books. What percent is that?
- 38.Which is worth the least: a ₹500 note, a ₹10 note or a ₹1 coin? (a) 10-rupee note (b) 1-rupee coin (c) 500-rupee note
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39.Price list: ice candy ₹13, samosa ₹11, banana ₹4, ruler ₹9.
Which item costs the least? (a) ice candy (b) samosa (c) ruler (d) banana - 40.A study lamp costs ₹500. The shop gives 10% off. What is the sale price (in ₹)?
Answer key
- 2-rupee coin
- 1
- 45
- 280
- 110
- 25
- 250
- 2 kg bag
- 7
- 9
- 540
- 1650
- 4
- 47
- 56
- 960
- 27
- 13
- 780
- 14
- 5 kg bag
- 39
- 280
- 1700
- 770
- 30
- 540
- 13
- 16
- 23
- 50
- 622
- 60
- 250
- a toy robot
- 980
- 5
- 1-rupee coin
- banana
- 450
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids