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.Saanvi has 9 coins of ₹1. Rohan has 8 notes of ₹10. Who has less money? (a) Saanvi (b) Rohan
- 2.Rohan wants a football that costs ₹560. Rohan saves ₹80 every week. How many weeks will it take?
- 3.Shop A sells 5 plates of idli for ₹300. Shop B sells 6 plates of idli for ₹210. Which shop is cheaper for one plate of idli? (a) Shop A (b) Shop B
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4.Zoya’s passbook:
Opening balance: ₹4600
Credit (money in): ₹150
Debit (money out): ₹?
Closing balance: ₹4000
How many rupees was the debit? - 5.Vivaan wants a football that costs ₹345, has ₹20 already and saves ₹100 every week. In how many weeks will Vivaan have enough?
- 6.What do 3 pens at ₹19 each and 3 samosas at ₹17 each cost in all (in ₹)?
- 7.₹700 earns 3% simple interest per year. In how many years will the interest be ₹63?
- 8.A pencil costs ₹7 and a toffee costs ₹1. How many rupees more does the pencil cost?
- 9.Diya wants an art kit that costs ₹240. Diya saves ₹60 every week. How many weeks will it take?
- 10.For Isha, is “a remote-control car” a need or a want? (a) Want (b) Need
- 11.A family plans ₹28000 for the month. 20% of it is for clothes. How many rupees is that?
- 12.Zoya is making a shopping list. Which of these is a need? (a) a remote-control car (b) a sticker album (c) vegetables (d) a video game
- 13.A family plans ₹35000 for the month. 40% of it is for travel. How many rupees is that?
- 14.A stall pays ₹6 for each greeting card and sells each one for ₹16. It sells 35 greeting cards. What is the total profit (in ₹)?
- 15.Ananya has 5 coins of ₹5. Arjun has 5 notes of ₹50. How many more rupees does Arjun have?
- 16.Nisha wants a gift for Mum that costs ₹240. Nisha saves ₹80 every week. How many weeks will it take?
- 17.₹28.50 − ₹12 =
- 18.Nisha gets ₹1300 interest from the bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
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19.Diya’s passbook:
Opening balance: ₹2900
Debit: ₹50
Credit: ₹200
Credit: ₹200
Debit: ₹300
What is the total of all the credits (in ₹)? - 20.Meera is making a shopping list. Which of these is a want? (a) a warm blanket (b) milk (c) a school uniform (d) sweets every day
- 21.Joseph gets ₹17 every day. How many rupees is that in one week (7 days)?
- 22.An eraser costs ₹2. Isha pays ₹50. How much change does Isha get (in ₹)?
- 23.A pencil box costs ₹13.50. Kabir pays ₹50. How much change does Kabir get, in rupees? =
- 24.How many coins of ₹2 does Aarav need to make ₹12?
- 25.How many ₹1 coins make a ₹2 coin?
- 26.Rohan deposits ₹1800 of birthday money. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 27.There are 15 children in a class. Each child needs one samosa at ₹16. What is the total cost (in ₹)?
- 28.There are 17 children in a class. Each child needs one notebook at ₹30. What is the total cost (in ₹)?
- 29.Sneha’s class stall spends ₹370 to make 23 plates of bhel and sells all of them at ₹20 each. What is the profit (in ₹)?
- 30.Which is the smallest amount: ₹77, ₹98 or ₹61? (a) 98 rupees (b) 61 rupees (c) 77 rupees
- 31.How many paise are there in ₹20?
- 32.Manav wants to save ₹450 for a gift for Mum in 5 weeks, the same amount each week. How many rupees must Manav save each week?
- 33.Shop A sells 4 pens for ₹44. Shop B sells 6 pens for ₹78. Which shop is cheaper for one pen? (a) Shop A (b) Shop B
- 34.After 25% off, a pair of shoes costs ₹165. What was the price before the sale (in ₹)?
- 35.Rahul wants to save ₹390 for a storybook set in 13 weeks, the same amount each week. How many rupees must Rahul save each week?
- 36.A pair of shoes costs ₹580. Offer 1: 50% off. Offer 2: ₹40 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 37.Which coins and notes make exactly ₹16? (a) 10 + 1 + 1 (b) 5 + 1 + 1 (c) 10 + 5 + 1
- 38.Pooja has 5 coins of ₹5 and 2 coins of ₹1. How many rupees does Pooja have?
- 39.Kavya has ₹500 for a picnic. Food costs ₹100 and tickets cost ₹380. Is ₹500 enough? (a) Yes (b) No
- 40.Shop A sells 3 pens for ₹60. Shop B sells 6 pens for ₹60. Which shop is cheaper for one pen? (a) Shop B (b) Shop A
Answer key
- Saanvi
- 7
- Shop B
- 750
- 4
- 108
- 3
- 6
- 4
- Want
- 5600
- vegetables
- 14000
- 350
- 225
- 3
- 16.5
- Credit
- 400
- sweets every day
- 119
- 48
- 36.5
- 6
- 2
- Credit
- 240
- 510
- 90
- 61 rupees
- 2000
- 90
- Shop A
- 220
- 30
- Offer 1
- 10 + 5 + 1
- 27
- Yes
- Shop B
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids