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.Pooja has a budget of ₹500 for a birthday party. The juice cost ₹100, the snacks cost ₹50 and the return gifts cost ₹100. How many rupees are left?
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2.Price list: kite ₹20, eraser ₹3, pencil ₹7, crayon box ₹30.
How many rupees more does a crayon box cost than an eraser? - 3.Zoya’s mother has ₹1600 in her bank account. She pays ₹190 for a gas cylinder and ₹90 for bread by UPI. How many rupees are left in the account?
- 4.What do 3 pens at ₹23 each and 2 T-shirts at ₹250 each cost in all (in ₹)?
- 5.A day trip costs ₹3040 in all. 8 friends share the cost equally. How much does each friend pay (in ₹)?
- 6.Which is worth the least: a ₹1 coin, a ₹10 note or a ₹20 coin? (a) 20-rupee coin (b) 10-rupee note (c) 1-rupee coin
- 7.Farhan’s piggy bank has 4 coins of ₹10, 1 coin of ₹2 and 3 coins of ₹1. How many rupees are in it?
- 8.Rohan wants to save ₹360 for a football in 9 weeks, the same amount each week. How many rupees must Rohan save each week?
- 9.Isha has one ₹2 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 10.₹77 − ₹37 =
- 11.Isha has 9 notes of ₹100. How many rupees does Isha have?
- 12.Someone online asks Isha for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A friend at school (b) A caller from the bank (c) No one
- 13.One banana costs ₹7. A pack of 3 bananas costs ₹20. How many rupees do you save by buying the pack instead of 3 single ones?
- 14.₹140 + ₹320 =
- 15.Meera buys a cricket ball for ₹150 and a football for ₹335, and pays with a ₹500 note. How much change does Meera get (in ₹)?
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16.Aditya’s passbook:
Opening balance: ₹3000
Debit: ₹100
Debit: ₹300
Debit: ₹150
Credit: ₹200
What is the closing balance (in ₹)? - 17.7 pens cost ₹154. How much do 10 pens cost (in ₹)?
- 18.3 T-shirts cost ₹795. How much do 6 T-shirts cost (in ₹)?
- 19.Manav’s piggy bank has 5 coins of ₹20, 3 coins of ₹10 and 2 coins of ₹5. How many rupees are in it?
- 20.Rahul gets ₹40 a week, spends ₹5 each week and saves the rest. How many rupees has Rahul saved after 6 weeks?
- 21.Kavya has a budget of ₹1500 for a birthday party. The juice cost ₹40, the decorations cost ₹330 and the balloons cost ₹310. How many rupees are left?
- 22.Meera has ₹500 for a picnic. Food costs ₹80 and tickets cost ₹460. Is ₹500 enough? (a) No (b) Yes
- 23.10 cricket balls cost ₹1000. What does one cricket ball cost (in ₹)?
- 24.Joseph has ₹800 for a picnic. Food costs ₹210 and tickets cost ₹590. Is ₹800 enough? (a) Yes (b) No
- 25.Riya buys a mango (₹20), a storybook (₹135), a T-shirt (₹275) and a school bag (₹470). What is the total (in ₹)?
- 26.Priya buys a plate of idli for ₹30 and pays with a ₹100 note. How much change does Priya get (in ₹)?
- 27.Aditya’s class stall spends ₹200 to make 19 clay diyas and sells all of them at ₹10 each. What is the loss (in ₹)?
- 28.Isha is making a shopping list. Which of these is a need? (a) designer sunglasses (b) a school uniform (c) a remote-control car (d) extra comic books
- 29.Of a ₹35000 monthly budget, 5% goes on travel and 40% on electricity. The rest is saved. How many rupees are saved?
- 30.A ruler costs ₹13 and an eraser costs ₹3. How many rupees more does the ruler cost?
- 31.Which is worth the least: a ₹20 coin, a ₹50 note or a ₹10 note? (a) 10-rupee note (b) 50-rupee note (c) 20-rupee coin
- 32.₹12.50 − ₹7.50 =
- 33.A storybook costs ₹75. Isha has ₹5 and ₹2. How many more rupees does Isha need?
- 34.2 colour pencil sets cost ₹140. What does one colour pencil set cost (in ₹)?
- 35.₹9.50 + ₹12.50 =
- 36.₹280 + ₹220 =
- 37.How many coins of ₹2 does Ishaan need to make ₹16?
- 38.Priya has ₹700. In a piggy bank it stays ₹700. In a bank at 6% simple interest per year, how many rupees more will Priya have after 2 years?
- 39.Joseph has 3 coins of ₹1 and 4 coins of ₹2. How many rupees does Joseph have?
- 40.What is the smallest number of coins and notes that make ₹40?
Answer key
- 250
- 27
- 1320
- 569
- 380
- 1-rupee coin
- 45
- 40
- Coin
- 40
- 900
- No one
- 1
- 460
- 15
- 2650
- 220
- 1590
- 140
- 210
- 820
- No
- 100
- Yes
- 900
- 70
- 10
- a school uniform
- 19250
- 10
- 10-rupee note
- 5
- 68
- 70
- 22
- 500
- 8
- 84
- 11
- 2
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids