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.Arjun gets ₹100 pocket money every month. How many rupees is that in one year (12 months)?
- 2.Which is the same money as one ₹10 note? (a) two 5-rupee coins (b) six 5-rupee coins (c) four 5-rupee coins
- 3.A pencil costs ₹5 and a juice box costs ₹20. How many rupees more does the juice box cost?
- 4.Which is the biggest amount: ₹16, ₹32 or ₹61? (a) 32 rupees (b) 61 rupees (c) 16 rupees
- 5.What is the smallest number of coins and notes that make ₹56?
- 6.Isha buys a pair of socks for ₹50 and a colour pencil set for ₹100, and pays with a ₹500 note. How much change does Isha get (in ₹)?
- 7.Zoya keeps ₹1400 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
- 8.Pooja has 9 coins of ₹5. How many rupees does Pooja have?
- 9.Rahul spends ₹270 to start a stall and sells each cup of lemonade for ₹30. What is the smallest number Rahul must sell to get back the ₹270?
- 10.₹18 + ₹25 + ₹37 =
- 11.A day trip costs ₹1740 in all. 6 friends share the cost equally. How much does each friend pay (in ₹)?
- 12.Ishaan has 3 coins of ₹2. How many rupees does Ishaan have?
- 13.A day trip costs ₹3710 in all. 7 friends share the cost equally. How much does each friend pay (in ₹)?
- 14.Saanvi’s class stall spends ₹230 to make 21 cups of lemonade and sells all of them at ₹10 each. What is the loss (in ₹)?
- 15.Dev buys 6 colour pencil sets at ₹80 each and pays with a ₹500 note. How much change does Dev get (in ₹)?
- 16.A family plans ₹33000 for the month. 50% of it is for electricity. How many rupees is that?
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17.Joseph’s shop bill:
4 water bottles at ₹185 each
1 plate of idli at ₹45
2 cricket balls at ₹100 each
What is the total bill (in ₹)? - 18.Sneha has a budget of ₹2000 for a birthday party. The return gifts cost ₹260, the cake cost ₹410 and the balloons cost ₹420. How many rupees are left?
- 19.Of a ₹33000 monthly budget, 25% goes on food and 30% on rent. The rest is saved. What percent is saved?
- 20.Count up to find the change from ₹10: ₹8 + ₹? = ₹10
- 21.Shop A sells 3 cricket balls for ₹300. Shop B sells 6 cricket balls for ₹840. What does one cricket ball cost at the cheaper shop (in ₹)?
- 22.For Tara, is “a third cricket bat” a need or a want? (a) Need (b) Want
- 23.Riya has ₹200. In a piggy bank it stays ₹200. In a bank at 9% simple interest per year, how many rupees more will Riya have after 1 year?
- 24.1250 paise is how many rupees? =
- 25.The bill for 3 plates of idli and a notebook is ₹220. A plate of idli costs ₹60. What does the notebook cost (in ₹)?
- 26.₹16.50 + ₹7.50 =
- 27.Joseph is making a shopping list. Which of these is a want? (a) sweets every day (b) a schoolbag (c) a warm blanket (d) school shoes
- 28.A sticker sheet costs ₹9. Saanvi pays ₹10. How much change does Saanvi get (in ₹)?
- 29.Someone online asks Farhan for the family UPI PIN. Who should ever be told a PIN or OTP? (a) No one (b) A friend at school (c) A caller from the bank
- 30.What is the smallest number of coins and notes that make ₹145?
- 31.Priya is making a shopping list. Which of these is a need? (a) a glitter pen set (b) a third cricket bat (c) rice and dal (d) designer sunglasses
- 32.Which coins and notes make exactly ₹27? (a) 50 + 20 + 5 (b) 20 + 5 + 2 (c) 10 + 5 + 2
- 33.A stall pays ₹15 for each clay diya and sells each one for ₹17. It sells 13 clay diyas. What is the total profit (in ₹)?
- 34.Farhan has ₹45 in a piggy bank. Dada gives Farhan ₹30 more. How many rupees does Farhan have now?
- 35.How many notebooks can you buy with ₹600 if one costs ₹50?
- 36.Lakshmi buys a pencil for ₹4 and a sticker sheet for ₹5, and pays ₹50. How much change does Lakshmi get (in ₹)?
- 37.Gurpreet buys a sharpener for ₹9 and a crayon box for ₹30. How many rupees does Gurpreet spend in all?
- 38.Which coins and notes make exactly ₹8? (a) 2 + 2 + 1 (b) 10 + 5 + 1 (c) 5 + 2 + 1
- 39.Tara’s class stall spends ₹470 to make 25 plates of bhel and sells all of them at ₹20 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
- 40.₹? + ₹100 + ₹10 = ₹111
Answer key
- 1200
- two 5-rupee coins
- 15
- 61 rupees
- 3
- 350
- 1596
- 45
- 9
- 80
- 290
- 6
- 530
- 20
- 20
- 16500
- 985
- 910
- 45
- 2
- 100
- Want
- 18
- 12.5
- 40
- 24
- sweets every day
- 1
- No one
- 4
- rice and dal
- 20 + 5 + 2
- 26
- 75
- 12
- 41
- 39
- 5 + 2 + 1
- Profit
- 1
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids