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.Nisha has 6 coins of ₹2 and 2 coins of ₹1. How many rupees does Nisha have?
- 2.Rahul had ₹78. Rahul spent ₹22 on a kite. How many rupees are left?
- 3.How many coins of ₹10 does Karan need to make ₹90?
- 4.Which is worth more: a ₹2 coin or a ₹1 coin? (a) 2-rupee coin (b) 1-rupee coin
- 5.Which coins and notes make exactly ₹8? (a) 5 + 2 + 1 (b) 2 + 2 + 1 (c) 50 + 2 + 1
- 6.Nisha’s mother has ₹2800 in her bank account. She pays ₹280 for bread and ₹280 for vegetables by UPI. How many rupees are left in the account?
- 7.Rahul has ₹600. First Rahul pays for needs: a school uniform (₹150) and socks (₹120). How many rupees are left for wants?
- 8.Kabir has 6 notes of ₹100. Priya has 5 notes of ₹50. How many more rupees does Kabir have?
- 9.How many paise are there in ₹1?
- 10.5 children go on a school trip to the planetarium. The bus costs ₹20 for each child and the ticket costs ₹20 for each child. What is the total cost (in ₹)?
- 11.What is the smallest number of coins and notes that make ₹60?
- 12.One glue stick costs ₹23. A pack of 3 glue sticks costs ₹65. How many rupees do you save by buying the pack instead of 3 single ones?
- 13.7 lunch boxes cost ₹1925. How much do 9 lunch boxes cost (in ₹)?
- 14.Sneha has 8 coins of ₹2. How many rupees does Sneha have?
- 15.Kavya buys a notebook for ₹40 and a colour pencil set for ₹70, and pays with a ₹500 note. How much change does Kavya get (in ₹)?
- 16.What do 4 samosas at ₹13 each and 2 cricket balls at ₹110 each cost in all (in ₹)?
- 17.Priya buys a banana for ₹5 and a samosa for ₹10, and pays ₹50. How much change does Priya get (in ₹)?
- 18.Ishaan buys a pen for ₹18 and pays with a ₹100 note. How much change does Ishaan get (in ₹)?
- 19.Priya takes out ₹50 from an ATM. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 20.Tara has 3 coins of ₹1 and 3 coins of ₹2. How many rupees does Tara have?
- 21.Pooja’s class stall spends ₹950 to make 31 friendship bands and sells all of them at ₹30 each. What is the loss (in ₹)?
- 22.Kabir has a budget of ₹500 for a birthday party. The decorations cost ₹40, the cake cost ₹40 and the snacks cost ₹120. How many rupees are left?
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23.Joseph’s shop bill:
1 football at ₹405
4 plates of idli at ₹40 each
4 pens at ₹17 each
What is the total bill (in ₹)? - 24.Which is the biggest amount: ₹21, ₹44 or ₹92? (a) 21 rupees (b) 44 rupees (c) 92 rupees
- 25.Ishaan buys a colour pencil set (₹105), a lunch box (₹215), a cricket ball (₹145) and a storybook (₹150). What is the total (in ₹)?
- 26.Zoya keeps ₹1300 in a bank at 5% simple interest per year. How much money will there be after 2 years (in ₹)?
- 27.Which is worth the most: a ₹20 coin, a ₹5 coin or a ₹500 note? (a) 20-rupee coin (b) 500-rupee note (c) 5-rupee coin
- 28.Aarav has 3 notes of ₹50. How many rupees does Aarav have?
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29.Manav’s passbook:
Opening balance: ₹4100
Credit (money in): ₹200
Debit (money out): ₹?
Closing balance: ₹1150
How many rupees was the debit? - 30.How many notes of ₹100 make ₹900?
- 31.A 5 kg bag of tomatoes costs ₹170. A 10 kg bag costs ₹450. Which bag is cheaper per kg? (a) 5 kg bag (b) 10 kg bag
- 32.Joseph saves ₹30 every week for 5 weeks, then buys a cricket bat for ₹40. How many rupees are left?
- 33.Tara has ₹230 for return gifts. Each gift costs ₹30. What is the greatest number of gifts Tara can buy?
- 34.Zoya is making a shopping list. Which of these is a need? (a) a remote-control car (b) milk (c) sweets every day (d) a glitter pen set
- 35.Dev’s mother has ₹2100 in her bank account. She pays ₹70 for bread and ₹80 for milk by UPI. How many rupees are left in the account?
- 36.Ishaan wants a football that costs ₹360. Ishaan saves ₹90 every week. How many weeks will it take?
- 37.Ananya buys a pen for ₹24 and a T-shirt for ₹245, and pays with a ₹500 note. How much change does Ananya get (in ₹)?
- 38.Saanvi has ₹17 in a piggy bank. Nani gives Saanvi ₹11 more. How many rupees does Saanvi have now?
- 39.For Farhan, is “vegetables” a need or a want? (a) Want (b) Need
- 40.Nisha has ₹23 in a piggy bank. Nani gives Nisha ₹31 more. How many rupees does Nisha have now?
Answer key
- 14
- 56
- 9
- 2-rupee coin
- 5 + 2 + 1
- 2240
- 330
- 350
- 100
- 200
- 2
- 4
- 2475
- 16
- 390
- 272
- 35
- 82
- Debit
- 9
- 20
- 300
- 633
- 92 rupees
- 615
- 1430
- 500-rupee note
- 150
- 3150
- 9
- 5 kg bag
- 110
- 7
- milk
- 1950
- 4
- 231
- 28
- Need
- 54
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids