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.A family plans ₹45000 for the month. 40% of it is for electricity. How many rupees is that?
- 2.Of a ₹35000 monthly budget, 10% goes on travel and 5% on clothes. The rest is saved. How many rupees are saved?
- 3.Which coins and notes make exactly ₹61? (a) 50 + 10 + 5 (b) 100 + 10 + 1 (c) 50 + 10 + 1
- 4.Ananya wants an art kit that costs ₹270. Ananya saves ₹90 every week. How many weeks will it take?
- 5.How many coins of ₹2 does Riya need to make ₹12?
- 6.Priya spends ₹140 to start a stall and sells each paper bookmark for ₹25. What is the smallest number Priya must sell to get back the ₹140?
- 7.A family plans ₹38000 for the month. 50% of it is for school fees. How many rupees is that?
- 8.2 footballs cost ₹540. How much do 7 footballs cost (in ₹)?
- 9.Dev wants to save ₹2500 for a bicycle in 25 weeks, the same amount each week. How many rupees must Dev save each week?
- 10.A dozen (12) bangles cost ₹72. What does one cost (in ₹)?
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11.Arjun’s shop bill:
4 notebooks at ₹35 each
1 water bottle at ₹205
1 school bag at ₹785
What is the total bill (in ₹)? - 12.Count up to find the change from ₹200: ₹106 + ₹? = ₹200
- 13.What do 3 pairs of socks at ₹65 each and 4 cricket balls at ₹100 each cost in all (in ₹)?
- 14.A 1 kg bag of wheat flour costs ₹38. A 2 kg bag costs ₹74. How many rupees per kg do you save with the cheaper bag?
- 15.How many T-shirts can you buy with ₹1180 if one costs ₹295?
- 16.Joseph keeps ₹1200 in a bank. After 5 years the simple interest is ₹540. What is the rate of interest per year (in %)?
- 17.Ananya buys 5 pencils at ₹3 each and pays ₹50. How much change does Ananya get (in ₹)?
- 18.Pooja has 9 notes of ₹50. How many rupees does Pooja have?
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19.Joseph’s passbook:
Opening balance: ₹500
Credit (money in): ₹650
Debit (money out): ₹?
Closing balance: ₹1000
How many rupees was the debit? - 20.Dev gets ₹60 a week, spends ₹50 each week and saves the rest. How many rupees has Dev saved after 5 weeks?
- 21.What do 3 plates of idli at ₹55 each and 3 colour pencil sets at ₹115 each cost in all (in ₹)?
- 22.Arjun makes 4 paper bookmarks an hour and sells each one for ₹20. How many rupees can Arjun earn from 4 hours of work?
- 23.Pooja has a budget of ₹1000 for a birthday party. The balloons cost ₹210, the decorations cost ₹70 and the juice cost ₹190. How many rupees are left?
- 24.A water bottle costs ₹180. Offer 1: 10% off. Offer 2: ₹10 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 25.What do 3 storybooks at ₹130 each and 4 geometry boxes at ₹115 each cost in all (in ₹)?
- 26.Aarav’s piggy bank has 4 coins of ₹20, 1 coin of ₹10 and 4 coins of ₹5. How many rupees are in it?
- 27.Shop A sells a school bag for ₹670 with free delivery. Shop B sells it for ₹695 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 28.Which is worth the most: a ₹200 note, a ₹50 note or a ₹20 coin? (a) 50-rupee note (b) 200-rupee note (c) 20-rupee coin
- 29.Diya’s piggy bank has 1 coin of ₹20, 5 coins of ₹5 and 5 coins of ₹2. How many rupees are in it?
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30.Isha’s passbook:
Opening balance: ₹2800
Credit (money in): ₹500
Debit (money out): ₹100
What is the balance now (in ₹)? - 31.A message says Karan has won ₹50000. It asks for the UPI PIN to send the prize. What is true? (a) No PIN to receive money (b) Enter the PIN quickly (c) Prizes need your PIN
- 32.Joseph has 8 notes of ₹50. Meera has 7 coins of ₹5. How many more rupees does Joseph have?
- 33.Count up to find the change from ₹10: ₹8 + ₹? = ₹10
- 34.What do 2 notebooks at ₹50 each and 2 colour pencil sets at ₹100 each cost in all (in ₹)?
- 35.Vivaan’s class stall spends ₹400 to make 28 greeting cards and sells all of them at ₹15 each. What is the profit (in ₹)?
- 36.How many school bags can you buy with ₹2700 if one costs ₹450?
- 37.₹74 − ₹66 =
- 38.5 colour pencil sets cost ₹350. What does one colour pencil set cost (in ₹)?
- 39.Of a ₹19000 monthly budget, 5% goes on travel and 20% on clothes. The rest is saved. How many rupees are saved?
- 40.Diya gets ₹8 every day. How many rupees is that in one week (7 days)?
Answer key
- 18000
- 29750
- 50 + 10 + 1
- 3
- 6
- 6
- 19000
- 1890
- 100
- 6
- 1130
- 94
- 595
- 1
- 4
- 9
- 35
- 450
- 150
- 50
- 510
- 320
- 530
- Offer 1
- 850
- 110
- Shop A
- 200-rupee note
- 55
- 3200
- No PIN to receive money
- 365
- 2
- 300
- 20
- 6
- 8
- 70
- 14250
- 56
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids