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.How many paise are there in ₹12.50?
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2.Price list: crayon box ₹35, notebook ₹45, sticker sheet ₹10, toffee ₹2.
Aarav has ₹100 and buys a crayon box. How many rupees are left? - 3.Count up to find the change from ₹10: ₹8 + ₹? = ₹10
- 4.Arjun has ₹300. First Arjun pays for needs: a lunch box (₹80) and a raincoat (₹80). How many rupees are left for wants?
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5.Price list: pencil ₹7, sharpener ₹6, kite ₹19, sticker sheet ₹5.
How much do a sticker sheet and a pencil cost together (in ₹)? - 6.Pooja has ₹28 in a piggy bank. Nana gives Pooja ₹31 more. How many rupees does Pooja have now?
- 7.Rahul has 9 notes of ₹10. Vivaan has 3 notes of ₹20. Who has less money? (a) Vivaan (b) Rahul
- 8.Priya has 2 notes of ₹200, 4 notes of ₹20 and 5 coins of ₹2. How many rupees does Priya have?
- 9.Aarav is making a shopping list. Which of these is a want? (a) designer sunglasses (b) soap (c) milk (d) drinking water
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10.Lakshmi’s passbook:
Opening balance: ₹2600
Credit: ₹350
Debit: ₹450
Debit: ₹50
Credit: ₹300
What is the closing balance (in ₹)? - 11.Pooja wants to save ₹3900 for a bicycle in 13 weeks, the same amount each week. How many rupees must Pooja save each week?
- 12.Which is the same money as one ₹10 note? (a) five 2-rupee coins (b) two 2-rupee coins (c) six 2-rupee coins
- 13.A dozen (12) oranges cost ₹96. What does one cost (in ₹)?
- 14.How many notes of ₹20 make ₹200?
- 15.A dozen (12) pencils cost ₹60. What does one cost (in ₹)?
- 16.Diya has ₹410 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Diya can buy?
- 17.Joseph is making a shopping list. Which of these is a want? (a) extra comic books (b) vegetables (c) rice and dal (d) medicine when ill
- 18.Farhan wants to save ₹360 for a board game in 18 weeks, the same amount each week. How many rupees must Farhan save each week?
- 19.A 5 kg bag of potatoes costs ₹125. A 1 kg bag costs ₹26. How many rupees per kg do you save with the cheaper bag?
- 20.Shop A sells a badminton racket for ₹395 with free delivery. Shop B sells it for ₹525 plus ₹70 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 21.₹1900 earns 5% simple interest per year. In how many years will the interest be ₹95?
- 22.How many notes of ₹50 make ₹350?
- 23.How many ₹1 coins make a ₹2 coin?
- 24.Kavya has ₹9. A balloon costs ₹7. Does Kavya have enough money to buy it? (a) Yes (b) No
- 25.Isha buys a plate of idli for ₹35 and pays with a ₹100 note. How much change does Isha get (in ₹)?
- 26.Which is the biggest amount: ₹83, ₹60 or ₹73? (a) 73 rupees (b) 83 rupees (c) 60 rupees
- 27.Zoya gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Zoya do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
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28.Nisha’s passbook:
Opening balance: ₹3900
Debit: ₹450
Debit: ₹100
Credit: ₹100
Debit: ₹400
What is the total of all the credits (in ₹)? - 29.A T-shirt costs ₹320 online. Delivery is ₹70 and a coupon takes ₹30 off. What is the final price (in ₹)?
- 30.A jacket costs ₹900. The shop gives 50% off. How many rupees is the discount?
- 31.Karan wants a storybook set that costs ₹450. Karan saves ₹50 every week. How many weeks will it take?
- 32.A T-shirt costs ₹360 online. Delivery is ₹30 and a coupon takes ₹30 off. What is the final price (in ₹)?
- 33.One toffee costs ₹1.50. How many rupees do 4 toffees cost? =
- 34.Which is worth the most: a ₹10 note, a ₹50 note or a ₹20 note? (a) 20-rupee note (b) 50-rupee note (c) 10-rupee note
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35.Farhan’s passbook:
Opening balance: ₹1900
Credit (money in): ₹250
Debit (money out): ₹150
What is the balance now (in ₹)? - 36.How many notes of ₹10 make ₹50?
- 37.Zoya has 9 notes of ₹10. Priya has 3 coins of ₹1. Who has less money? (a) Priya (b) Zoya
- 38.How many ₹5 coins make a ₹50 note?
- 39.Rohan buys a mango for ₹40 and pays with a ₹100 note. How much change does Rohan get (in ₹)?
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40.Sneha’s passbook:
Opening balance: ₹3000
Credit: ₹100
Credit: ₹350
Credit: ₹150
Debit: ₹450
What is the closing balance (in ₹)?
Answer key
- 1250
- 65
- 2
- 140
- 12
- 59
- Vivaan
- 490
- designer sunglasses
- 2750
- 300
- five 2-rupee coins
- 8
- 10
- 5
- 8
- extra comic books
- 20
- 1
- Shop A
- 1
- 7
- 2
- Yes
- 65
- 83 rupees
- Never share the OTP
- 100
- 360
- 450
- 9
- 360
- 6
- 50-rupee note
- 2000
- 5
- Priya
- 10
- 60
- 3150
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids