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.Meera has ₹300. First Meera pays for needs: socks (₹50) and a lunch box (₹90). How many rupees are left for wants?
- 2.Gurpreet wants to save ₹270 for a board game in 3 weeks, the same amount each week. How many rupees must Gurpreet save each week?
- 3.4 T-shirts cost ₹1440. What does one T-shirt cost (in ₹)?
- 4.Priya has 5 notes of ₹100 and 2 notes of ₹50. How many rupees does Priya have?
- 5.Nisha has a budget of ₹1000 for a birthday party. The decorations cost ₹60, the juice cost ₹130 and the return gifts cost ₹30. How many rupees are left?
- 6.Diya makes 2 clay diyas an hour and sells each one for ₹10. How many rupees can Diya earn from 2 hours of work?
- 7.The bill for 2 footballs and a badminton racket is ₹915. A football costs ₹250. What does the badminton racket cost (in ₹)?
- 8.Arjun buys a mango for ₹30 and pays with a ₹100 note. How much change does Arjun get (in ₹)?
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9.Saanvi’s passbook:
Opening balance: ₹2300
Debit: ₹500
Credit: ₹200
Debit: ₹450
Debit: ₹300
What is the total of all the credits (in ₹)? - 10.Aditya has 6 notes of ₹50. How many rupees does Aditya have?
- 11.Which is worth the most: a ₹50 note, a ₹10 coin or a ₹2 coin? (a) 50-rupee note (b) 10-rupee coin (c) 2-rupee coin
- 12.Saanvi has 3 coins of ₹5. Meera has 7 coins of ₹1. Who has more money? (a) Meera (b) Saanvi
- 13.Of a ₹6000 monthly budget, 10% goes on clothes and 50% on school fees. The rest is saved. How many rupees are saved?
- 14.Kavya is making a shopping list. Which of these is a need? (a) a fancy phone cover (b) a remote-control car (c) a new party dress (d) bus fare to school
- 15.4 mangoes cost ₹120. How much do 5 mangoes cost (in ₹)?
- 16.A message says Farhan has won ₹5000. It asks for the UPI PIN to send the prize. What is true? (a) Enter the PIN quickly (b) Prizes need your PIN (c) No PIN to receive money
- 17.A pencil costs ₹5 and a notebook costs ₹45. How many rupees more does the notebook cost?
- 18.Rohan gets ₹150 pocket money every month. How many rupees is that in one year (12 months)?
- 19.Aditya is making a shopping list. Which of these is a need? (a) a third cricket bat (b) a sticker album (c) milk (d) a video game
- 20.Rahul has 4 coins of ₹1. How many rupees does Rahul have?
- 21.A school bag costs ₹485 online. Delivery is ₹20 and a coupon takes ₹50 off. What is the final price (in ₹)?
- 22.How many ₹10 notes make a ₹20 note?
- 23.Ananya’s piggy bank has 2 coins of ₹10, 1 coin of ₹5 and 2 coins of ₹1. How many rupees are in it?
- 24.Which is the same money as one ₹50 note? (a) five 10-rupee notes (b) three 10-rupee notes (c) six 10-rupee notes
- 25.₹5 + ₹1 + ₹? = ₹16
- 26.Rohan has 7 coins of ₹2. Priya has 3 coins of ₹1. How many more rupees does Rohan have?
- 27.Arjun has ₹300 for a picnic. Food costs ₹150 and tickets cost ₹200. Is ₹300 enough? (a) Yes (b) No
- 28.How many geometry boxes can you buy with ₹1040 if one costs ₹130?
- 29.Shop A sells 5 notebooks for ₹300. Shop B sells 6 notebooks for ₹270. Which shop is cheaper for one notebook? (a) Shop B (b) Shop A
- 30.Lakshmi has 10 coins of ₹1. How many rupees does Lakshmi have?
- 31.A 1 kg bag of sugar costs ₹50. A 5 kg bag costs ₹235. Which bag is cheaper per kg? (a) 1 kg bag (b) 5 kg bag
- 32.A 5 kg bag of sugar costs ₹200. A 2 kg bag costs ₹84. Which bag is cheaper per kg? (a) 5 kg bag (b) 2 kg bag
- 33.A toffee costs ₹3. Dev pays ₹20. How much change does Dev get (in ₹)?
- 34.Karan gets ₹80 a week, spends ₹30 each week and saves the rest. How many rupees has Karan saved after 3 weeks?
- 35.Kavya buys an eraser for ₹4 and a banana for ₹4. How many rupees does Kavya spend in all?
- 36.How many coins of ₹2 does Isha need to make ₹18?
- 37.Vivaan’s piggy bank has 4 coins of ₹5, 2 coins of ₹2 and 4 coins of ₹1. How many rupees are in it?
- 38.A study lamp costs ₹180. The shop gives 10% off. How many rupees is the discount?
- 39.Vivaan’s class stall spends ₹480 to make 18 clay diyas and sells all of them at ₹25 each. What is the loss (in ₹)?
- 40.Rohan has ₹42 in a piggy bank. Chacha gives Rohan ₹31 more. How many rupees does Rohan have now?
Answer key
- 160
- 90
- 360
- 600
- 780
- 40
- 415
- 70
- 200
- 300
- 50-rupee note
- Saanvi
- 2400
- bus fare to school
- 150
- No PIN to receive money
- 40
- 1800
- milk
- 4
- 455
- 2
- 27
- five 10-rupee notes
- 10
- 11
- No
- 8
- Shop B
- 10
- 5 kg bag
- 5 kg bag
- 17
- 150
- 8
- 9
- 28
- 18
- 30
- 73
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids