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.Ishaan has 2 notes of ₹100, 1 note of ₹10 and 4 coins of ₹1. How many rupees does Ishaan have?
- 2.Aarav’s class stall spends ₹1000 to make 40 plates of bhel and sells all of them at ₹25 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
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3.Rahul’s passbook:
Opening balance: ₹2300
Credit: ₹300
Debit: ₹500
Debit: ₹300
Debit: ₹450
What is the closing balance (in ₹)? - 4.Count up to find the change from ₹50: ₹19 + ₹? = ₹50
- 5.A football costs ₹580. The shop gives 25% off. How many rupees is the discount?
- 6.A sharpener costs ₹5 and a biscuit packet costs ₹10. How many rupees more does the biscuit packet cost?
- 7.There are 32 children in a class. Each child needs one pen at ₹14. What is the total cost (in ₹)?
- 8.Zoya had ₹59. Zoya spent ₹20 on a juice box. How many rupees are left?
- 9.Ishaan has 9 notes of ₹10. How many rupees does Ishaan have?
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10.Sneha’s shop bill:
4 geometry boxes at ₹140 each
1 storybook at ₹100
3 samosas at ₹15 each
What is the total bill (in ₹)? - 11.Rahul is making a shopping list. Which of these is a want? (a) milk (b) a warm blanket (c) a sticker album (d) notebooks for school
- 12.Which is the biggest amount: ₹19, ₹28 or ₹40? (a) 40 rupees (b) 28 rupees (c) 19 rupees
- 13.How many notes of ₹50 make ₹500?
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14.Rohan’s passbook:
Opening balance: ₹3800
Debit: ₹350
Credit: ₹150
Credit: ₹300
Credit: ₹500
What is the total of all the debits (in ₹)? - 15.Shop A sells 5 notebooks for ₹225. Shop B sells 3 notebooks for ₹150. Which shop is cheaper for one notebook? (a) Shop B (b) Shop A
- 16.Nisha has ₹20 in a piggy bank. Nani gives Nisha ₹16 more. How many rupees does Nisha have now?
- 17.Kabir’s class stall spends ₹430 to make 36 cupcakes and sells all of them at ₹15 each. What is the profit (in ₹)?
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18.Price list: toffee ₹2, sticker sheet ₹11, ruler ₹9, pencil ₹8.
Which item costs the most? (a) toffee (b) pencil (c) sticker sheet (d) ruler - 19.Kabir gets ₹200 pocket money every month. How many rupees is that in one year (12 months)?
- 20.Riya gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Riya do? (a) Send it by message (b) Never share the OTP (c) Read the OTP out
- 21.Rahul gets ₹1050 interest from the bank. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
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22.Dev’s passbook:
Opening balance: ₹2000
Credit (money in): ₹400
Debit (money out): ₹900
What is the balance now (in ₹)? - 23.There are 27 children in a class. Each child needs one plate of idli at ₹35. What is the total cost (in ₹)?
- 24.A day trip costs ₹420 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
- 25.A sticker sheet costs ₹8 and a biscuit packet costs ₹10. How many rupees more does the biscuit packet cost?
- 26.₹890 − ₹880 =
- 27.11 children go on a school trip to the museum. The bus costs ₹80 for each child and the ticket costs ₹40 for each child. What is the total cost (in ₹)?
- 28.A skipping rope costs ₹70. Karan has ₹5 and ₹2. How many more rupees does Karan need?
- 29.3 samosas cost ₹39. What does one samosa cost (in ₹)?
- 30.A 5 kg bag of rice costs ₹255. A 1 kg bag costs ₹74. Which bag is cheaper per kg? (a) 1 kg bag (b) 5 kg bag
- 31.Rohan keeps ₹1400 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
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32.Price list: juice box ₹20, notebook ₹25, crayon box ₹30, samosa ₹16.
Meera has ₹100 and buys a samosa. How many rupees are left? - 33.One sticker sheet costs ₹8. A pack of 3 sticker sheets costs ₹20. How many rupees do you save by buying the pack instead of 3 single ones?
- 34.₹25.50 − ₹4.50 =
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35.Price list: balloon ₹7, banana ₹5, samosa ₹10, notebook ₹35.
How much do 2 bananas cost (in ₹)? - 36.₹700 − ₹340 =
- 37.2 samosas cost ₹38. How much do 6 samosas cost (in ₹)?
- 38.Zoya wants a bicycle that costs ₹4800, has ₹340 already and saves ₹300 every week. In how many weeks will Zoya have enough?
- 39.A study lamp costs ₹220. Offer 1: 10% off. Offer 2: ₹90 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 40.What is the smallest number of coins and notes that make ₹121?
Answer key
- 214
- No profit, no loss
- 1350
- 31
- 145
- 5
- 448
- 39
- 90
- 705
- a sticker album
- 40 rupees
- 10
- 350
- Shop A
- 36
- 110
- sticker sheet
- 2400
- Never share the OTP
- Credit
- 1500
- 945
- 140
- 2
- 10
- 1320
- 63
- 13
- 5 kg bag
- 1540
- 84
- 4
- 21
- 10
- 360
- 114
- 15
- Offer 2
- 3
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids