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
- 1.950 paise is how many rupees? =
- 2.Lakshmi has 3 notes of ₹10. Ishaan has 9 coins of ₹2. How many more rupees does Lakshmi have?
- 3.Joseph gets ₹900 interest from the bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 4.Joseph has 3 coins of ₹20. How many rupees does Joseph have?
- 5.After 50% off, a toy train costs ₹210. What was the price before the sale (in ₹)?
- 6.Lakshmi’s class stall spends ₹340 to make 24 cups of lemonade and sells all of them at ₹10 each. What is the loss (in ₹)?
- 7.A 10 kg bag of onions costs ₹470. A 5 kg bag costs ₹175. Which bag is cheaper per kg? (a) 5 kg bag (b) 10 kg bag
- 8.Ananya has one ₹5 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 9.Kavya buys a glue stick for ₹18 and a notebook for ₹25, and pays ₹50. How much change does Kavya get (in ₹)?
- 10.Isha has one ₹5 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 11.One small sweet costs ₹3.50. How many rupees do 7 small sweets cost? =
- 12.2 friends run a stall selling cupcakes and make a profit of ₹320. They share it equally. How many rupees does each friend get?
- 13.7 children go on a school trip to the fort. The bus costs ₹90 for each child and the ticket costs ₹30 for each child. What is the total cost (in ₹)?
- 14.Kavya wants to save ₹560 for a board game in 7 weeks, the same amount each week. How many rupees must Kavya save each week?
- 15.A stall pays ₹18 for each friendship band and sells each one for ₹23. It sells 27 friendship bands. What is the total profit (in ₹)?
- 16.₹580 − ₹50 =
- 17.Farhan has a budget of ₹1000 for a birthday party. The cake cost ₹210, the snacks cost ₹220 and the balloons cost ₹230. How many rupees are left?
- 18.Nisha makes 3 friendship bands an hour and sells each one for ₹20. How many rupees can Nisha earn from 2 hours of work?
- 19.Gurpreet buys 2 rulers at ₹10 each and pays ₹50. How much change does Gurpreet get (in ₹)?
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20.Lakshmi’s passbook:
Opening balance: ₹4300
Debit: ₹300
Debit: ₹200
Credit: ₹200
Credit: ₹450
What is the closing balance (in ₹)? - 21.A sharpener costs ₹5 and a sticker sheet costs ₹12. How many rupees more does the sticker sheet cost?
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22.Price list: eraser ₹3, juice box ₹25, balloon ₹10, sharpener ₹6.
How many rupees more does a balloon cost than an eraser? - 23.Kavya has 7 coins of ₹5. Karan has 8 notes of ₹10. Who has less money? (a) Karan (b) Kavya
- 24.Nisha is making a shopping list. Which of these is a need? (a) vegetables (b) extra comic books (c) a video game (d) designer sunglasses
- 25.Aarav’s piggy bank has 3 coins of ₹20, 3 coins of ₹5 and 1 coin of ₹1. How many rupees are in it?
- 26.Manav’s mother scans a shop’s QR code to pay ₹50000. What should she check before she pays? (a) The name of the shop (b) The colour of the code (c) Nothing, just pay
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27.Price list: juice box ₹20, glue stick ₹23, sharpener ₹6, toffee ₹1.
How many rupees more does a glue stick cost than a sharpener? - 28.Lakshmi has one ₹100 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 29.Gurpreet buys a balloon for ₹10 and a juice box for ₹20. How many rupees does Gurpreet spend in all?
- 30.How many coins of ₹20 does Saanvi need to make ₹200?
- 31.Riya wants to save ₹400 for a storybook set in 10 weeks, the same amount each week. How many rupees must Riya save each week?
- 32.Shop A sells a football for ₹450 with free delivery. Shop B sells it for ₹270 plus ₹40 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 33.Kabir buys a biscuit packet for ₹20 and a toffee for ₹1, and pays ₹50. How much change does Kabir get (in ₹)?
- 34.Which is the smallest amount: ₹20, ₹88 or ₹25? (a) 20 rupees (b) 25 rupees (c) 88 rupees
- 35.Farhan keeps ₹1200 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
- 36.Which is worth the most: a ₹5 coin, a ₹500 note or a ₹20 note? (a) 20-rupee note (b) 500-rupee note (c) 5-rupee coin
- 37.How many ₹2 coins make a ₹20 note?
- 38.₹480 + ₹80 =
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39.Dev’s passbook:
Opening balance: ₹3400
Credit: ₹150
Credit: ₹150
Credit: ₹100
Debit: ₹150
What is the closing balance (in ₹)? - 40.Tara keeps ₹1300 in a bank. After 4 years the simple interest is ₹208. What is the rate of interest per year (in %)?
Answer key
- 9.5
- 12
- Credit
- 60
- 420
- 100
- 5 kg bag
- Coin
- 7
- Coin
- 24.5
- 160
- 840
- 80
- 135
- 530
- 340
- 120
- 30
- 4450
- 7
- 7
- Kavya
- vegetables
- 76
- The name of the shop
- 17
- Note
- 30
- 10
- 40
- Shop B
- 29
- 20 rupees
- 192
- 500-rupee note
- 10
- 560
- 3650
- 4
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids