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.Arjun has one ₹100 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 2.6 mangoes cost ₹240. What does one mango cost (in ₹)?
- 3.For Dev, is “rice and dal” a need or a want? (a) Want (b) Need
- 4.Rahul buys a notebook for ₹55 and pays with a ₹100 note. How much change does Rahul get (in ₹)?
- 5.Aditya’s class stall spends ₹490 to make 20 plates of bhel and sells all of them at ₹25 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
- 6.The bill for 3 colour pencil sets and a geometry box is ₹340. A colour pencil set costs ₹65. What does the geometry box cost (in ₹)?
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7.Ananya’s passbook:
Opening balance: ₹4300
Credit (money in): ₹50
Debit (money out): ₹?
Closing balance: ₹3850
How many rupees was the debit? - 8.₹39 + ₹34 =
- 9.Rohan has ₹870 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Rohan can buy?
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10.Isha’s passbook:
Opening balance: ₹3500
Debit: ₹250
Debit: ₹300
Debit: ₹50
Credit: ₹300
What is the closing balance (in ₹)? - 11.Aditya is making a shopping list. Which of these is a need? (a) sweets every day (b) a remote-control car (c) a raincoat (d) a third cricket bat
- 12.Shop A sells 4 cricket balls for ₹400. Shop B sells 5 cricket balls for ₹750. What does one cricket ball cost at the cheaper shop (in ₹)?
- 13.Kabir has 8 notes of ₹100. How many rupees does Kabir have?
- 14.A toy car costs ₹42. Ananya has ₹5 and ₹5. How many more rupees does Ananya need?
- 15.A pen costs ₹32.50. Diya pays ₹50. How much change does Diya get, in rupees? =
- 16.How many coins of ₹2 does Diya need to make ₹12?
- 17.A dozen (12) bangles cost ₹132. What does one cost (in ₹)?
- 18.How many footballs can you buy with ₹1700 if one costs ₹340?
- 19.Aditya buys a pen for ₹14 and a storybook for ₹100, and pays with a ₹500 note. How much change does Aditya get (in ₹)?
- 20.5 notebooks cost ₹175. What does one notebook cost (in ₹)?
- 21.Which is the biggest amount: ₹25, ₹90 or ₹45? (a) 45 rupees (b) 25 rupees (c) 90 rupees
- 22.2 water bottles cost ₹490. How much do 7 water bottles cost (in ₹)?
- 23.A pair of shoes costs ₹980. Offer 1: 50% off. Offer 2: ₹180 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 24.Arjun has ₹300 for a picnic. Food costs ₹130 and tickets cost ₹180. Is ₹300 enough? (a) No (b) Yes
- 25.₹210 − ₹10 =
- 26.There are 37 children in a class. Each child needs one notebook at ₹30. What is the total cost (in ₹)?
- 27.Farhan buys 2 pens at ₹13 each and pays with a ₹100 note. How much change does Farhan get (in ₹)?
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28.Price list: sticker sheet ₹5, banana ₹4, balloon ₹10, biscuit packet ₹14.
Dev has ₹20 and buys a sticker sheet. How many rupees are left? - 29.How many paise are there in ₹10?
- 30.Kavya has 2 notes of ₹200, 1 note of ₹10 and 5 coins of ₹5. How many rupees does Kavya have?
- 31.Rahul spends ₹290 on things to make 27 friendship bands and sells them all at ₹15 each. How many rupees does Rahul earn after paying the costs?
- 32.A day trip costs ₹340 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
- 33.Ishaan gets ₹13 every day. How many rupees is that in one week (7 days)?
- 34.Tara has 8 coins of ₹2. How many rupees does Tara have?
- 35.Zoya has ₹300 for a picnic. Food costs ₹50 and tickets cost ₹180. Is ₹300 enough? (a) Yes (b) No
- 36.Of a ₹25000 monthly budget, 40% goes on electricity and 50% on rent. The rest is saved. What percent is saved?
- 37.An ice candy costs ₹10 and a samosa costs ₹19. How many rupees more does the samosa cost?
- 38.1000 paise is how many rupees? =
- 39.Nisha keeps ₹1700 in a bank. After 3 years the simple interest is ₹204. What is the rate of interest per year (in %)?
- 40.Kabir buys a cricket ball for ₹120 and a mango for ₹20, and pays with a ₹500 note. How much change does Kabir get (in ₹)?
Answer key
- Note
- 40
- Need
- 45
- Profit
- 145
- 500
- 73
- 58
- 3200
- a raincoat
- 100
- 800
- 32
- 17.5
- 6
- 11
- 5
- 386
- 35
- 90 rupees
- 1715
- Offer 1
- No
- 200
- 1110
- 74
- 15
- 1000
- 435
- 115
- 170
- 91
- 16
- Yes
- 10
- 9
- 10
- 4
- 360
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids