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
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1.Price list: samosa ₹14, kite ₹25, glue stick ₹24, toffee ₹3.
Tara has ₹20 and buys a toffee. How many rupees are left? - 2.For Zoya, is “drinking water” a need or a want? (a) Want (b) Need
- 3.₹58 − ₹55 =
- 4.₹3 + ₹8.50 =
- 5.Vivaan buys a mango (₹20), a pen (₹23), a pair of socks (₹80) and a geometry box (₹150). What is the total (in ₹)?
- 6.A day trip costs ₹2580 in all. 6 friends share the cost equally. How much does each friend pay (in ₹)?
- 7.How many plates of idli can you buy with ₹90 if one costs ₹30?
- 8.Aarav gets ₹10 pocket money every week. How many rupees is that in 8 weeks?
- 9.The bill for 2 geometry boxes and a storybook is ₹475. A geometry box costs ₹140. What does the storybook cost (in ₹)?
- 10.Manav spends ₹140 to start a stall and sells each cup of lemonade for ₹5. What is the smallest number Manav must sell to get back the ₹140?
- 11.How many school bags can you buy with ₹7260 if one costs ₹605?
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12.Farhan’s passbook:
Opening balance: ₹2900
Credit (money in): ₹950
Debit (money out): ₹?
Closing balance: ₹2750
How many rupees was the debit? - 13.Riya spends ₹150 to start a stall and sells each cup of lemonade for ₹15. What is the smallest number Riya must sell to get back the ₹150?
- 14.A message says Lakshmi has won ₹50000. It asks for the UPI PIN to send the prize. What is true? (a) Enter the PIN quickly (b) No PIN to receive money (c) Prizes need your PIN
- 15.A juice box costs ₹32.50. Saanvi pays ₹50. How much change does Saanvi get, in rupees? =
- 16.Dev got ₹195 in 3 weeks, the same amount every week. How many rupees is that each week?
- 17.A message says Nisha has won ₹1000. It asks for the UPI PIN to send the prize. What is true? (a) No PIN to receive money (b) Prizes need your PIN (c) Enter the PIN quickly
- 18.Kavya has one ₹50 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 19.8 T-shirts cost ₹3000. What does one T-shirt cost (in ₹)?
- 20.How many coins of ₹5 does Pooja need to make ₹20?
- 21.Kavya spends ₹820 on things to make 43 clay diyas and sells them all at ₹20 each. How many rupees does Kavya earn after paying the costs?
- 22.Ishaan has 5 notes of ₹10. How many rupees does Ishaan have?
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23.Pooja’s passbook:
Opening balance: ₹3700
Debit: ₹250
Credit: ₹350
Debit: ₹250
Debit: ₹500
What is the closing balance (in ₹)? - 24.Nisha’s class stall spends ₹1020 to make 33 greeting cards and sells all of them at ₹30 each. What is the loss (in ₹)?
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25.Gurpreet’s passbook:
Opening balance: ₹3000
Debit: ₹150
Debit: ₹150
Credit: ₹200
Debit: ₹50
What is the closing balance (in ₹)? - 26.Gurpreet keeps ₹1800 in a bank. After 3 years the simple interest is ₹108. What is the rate of interest per year (in %)?
- 27.Gurpreet’s class stall spends ₹250 to make 34 paper bookmarks and sells all of them at ₹5 each. What is the loss (in ₹)?
- 28.Isha has ₹20 in a piggy bank. Dadi gives Isha ₹34 more. How many rupees does Isha have now?
- 29.6 colour pencil sets cost ₹360. What does one colour pencil set cost (in ₹)?
- 30.Aarav’s class stall spends ₹180 to make 11 cups of lemonade and sells all of them at ₹25 each. What is the profit (in ₹)?
- 31.Saanvi has 4 coins of ₹20 and 4 coins of ₹10. How many rupees does Saanvi have?
- 32.Kabir’s class stall spends ₹40 to make 14 plates of bhel and sells all of them at ₹5 each. What is the profit (in ₹)?
- 33.A pair of shoes costs ₹740. The shop gives 50% off. What is the sale price (in ₹)?
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34.Aditya’s passbook:
Opening balance: ₹3600
Credit: ₹400
Debit: ₹50
Credit: ₹200
Credit: ₹50
What is the closing balance (in ₹)? - 35.Karan buys a balloon for ₹6 and a samosa for ₹19, and pays ₹50. How much change does Karan get (in ₹)?
- 36.Diya gets ₹200 pocket money every month. How many rupees is that in one year (12 months)?
- 37.Kabir has 2 notes of ₹200. How many rupees does Kabir have?
- 38.Gurpreet got ₹425 in 5 weeks, the same amount every week. How many rupees is that each week?
- 39.Vivaan has 2 notes of ₹50 and 3 notes of ₹10. How many rupees does Vivaan have?
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40.Price list: balloon ₹5, eraser ₹3, ice candy ₹15, kite ₹13.
How much do an eraser and a kite cost together (in ₹)?
Answer key
- 17
- Need
- 3
- 11.5
- 273
- 430
- 3
- 80
- 195
- 28
- 12
- 1100
- 10
- No PIN to receive money
- 17.5
- 65
- No PIN to receive money
- Note
- 375
- 4
- 40
- 50
- 3050
- 30
- 2850
- 2
- 80
- 54
- 60
- 95
- 120
- 30
- 370
- 4200
- 25
- 2400
- 400
- 85
- 130
- 16
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids