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.What is the smallest number of coins and notes that make ₹126?
- 2.Which is the smallest amount: ₹94, ₹48 or ₹62? (a) 62 rupees (b) 94 rupees (c) 48 rupees
- 3.One lunch box costs ₹150. How much do 8 lunch boxes cost (in ₹)?
- 4.5 colour pencil sets cost ₹600. What does one colour pencil set cost (in ₹)?
- 5.Sneha has 4 notes of ₹200. How many rupees does Sneha have?
- 6.Manav has ₹46 in a piggy bank. Mausi gives Manav ₹29 more. How many rupees does Manav have now?
- 7.How many storybooks can you buy with ₹575 if one costs ₹115?
- 8.Count up to find the change from ₹50: ₹21 + ₹? = ₹50
- 9.The bill for 4 storybooks and a lunch box is ₹1015. A storybook costs ₹195. What does the lunch box cost (in ₹)?
- 10.Which is worth more: a ₹1 coin or a ₹500 note? (a) 500-rupee note (b) 1-rupee coin
- 11.For Lakshmi, is “school shoes” a need or a want? (a) Need (b) Want
- 12.₹51 − ₹45 =
- 13.₹400 + ₹160 =
- 14.650 paise is how many rupees? =
- 15.One toffee costs ₹2.50. How many rupees do 6 toffees cost? =
- 16.A toffee costs ₹2 and a juice box costs ₹20. How many rupees more does the juice box cost?
- 17.Shop A sells a school bag for ₹455 with free delivery. Shop B sells it for ₹780 plus ₹30 delivery. How many rupees do you save by buying from the cheaper shop?
- 18.Saanvi has 2 coins of ₹1 and 6 coins of ₹20. How many rupees does Saanvi have?
- 19.Sneha has 6 coins of ₹5. Gurpreet has 6 notes of ₹50. How many more rupees does Gurpreet have?
- 20.Diya has ₹10. A pencil costs ₹8. Does Diya have enough money to buy it? (a) No (b) Yes
- 21.6 T-shirts cost ₹2280. What does one T-shirt cost (in ₹)?
- 22.₹33 + ₹40 + ₹12 =
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23.Price list: juice box ₹20, balloon ₹10, sharpener ₹8, notebook ₹40.
How much do 2 notebooks cost (in ₹)? - 24.For Isha, is “a fancy phone cover” a need or a want? (a) Need (b) Want
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25.Gurpreet’s passbook:
Opening balance: ₹1300
Credit (money in): ₹450
Debit (money out): ₹?
Closing balance: ₹1550
How many rupees was the debit? - 26.₹600 − ₹270 =
- 27.Sneha wants a wristwatch that costs ₹1040. Sneha saves ₹40 every week. How many weeks will it take?
- 28.A stall pays ₹7 for each greeting card and sells each one for ₹9. It sells 30 greeting cards. What is the total profit (in ₹)?
- 29.Shop A sells a cricket ball for ₹150 with free delivery. Shop B sells it for ₹120 plus ₹50 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 30.A 1 kg bag of wheat flour costs ₹47. A 2 kg bag costs ₹64. Which bag is cheaper per kg? (a) 2 kg bag (b) 1 kg bag
- 31.Arjun had ₹24. Arjun spent ₹11 on a samosa. How many rupees are left?
- 32.Ishaan spends ₹300 on things to make 34 paper bookmarks and sells them all at ₹15 each. How many rupees does Ishaan earn after paying the costs?
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33.Price list: ruler ₹15, notebook ₹45, ice candy ₹12, balloon ₹10.
How much do a notebook and a balloon cost together (in ₹)? - 34.₹27.50 − ₹14 =
- 35.Of a ₹49000 monthly budget, 30% goes on food and 50% on electricity. The rest is saved. What percent is saved?
- 36.Rahul has one ₹200 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 37.₹200 + ₹230 =
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38.Zoya’s shop bill:
2 lunch boxes at ₹270 each
1 school bag at ₹650
1 geometry box at ₹145
What is the total bill (in ₹)? - 39.₹19.50 + ₹19 =
- 40.1200 paise is how many rupees? =
Answer key
- 4
- 48 rupees
- 1200
- 120
- 800
- 75
- 5
- 29
- 235
- 500-rupee note
- Need
- 6
- 560
- 6.5
- 15
- 18
- 355
- 122
- 270
- Yes
- 380
- 85
- 80
- Want
- 200
- 330
- 26
- 60
- Shop A
- 2 kg bag
- 13
- 210
- 55
- 13.5
- 20
- Note
- 430
- 1335
- 38.5
- 12
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids