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.Karan’s passbook:
Opening balance: ₹3900
Credit (money in): ₹800
Debit (money out): ₹3600
What is the balance now (in ₹)? - 2.Which is worth more: a ₹20 coin or a ₹5 coin? (a) 20-rupee coin (b) 5-rupee coin
- 3.The bill for 3 cricket balls and a notebook is ₹375. A cricket ball costs ₹105. What does the notebook cost (in ₹)?
- 4.₹67 − ₹48 =
- 5.Ishaan makes 4 paper bookmarks an hour and sells each one for ₹15. How many rupees can Ishaan earn from 3 hours of work?
- 6.A dozen (12) oranges cost ₹60. What does one cost (in ₹)?
- 7.Aarav has one ₹2 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 8.Rahul’s class stall spends ₹160 to make 15 cups of lemonade and sells all of them at ₹10 each. What is the loss (in ₹)?
- 9.Zoya has ₹6. An eraser costs ₹4. Does Zoya have enough money to buy it? (a) No (b) Yes
- 10.Zoya has 2 notes of ₹500. How many rupees does Zoya have?
- 11.4 lunch boxes cost ₹1140. What does one lunch box cost (in ₹)?
- 12.Priya gets ₹100 pocket money every month. How many rupees is that in one year (12 months)?
- 13.Joseph keeps ₹1800 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
- 14.Aditya has 3 coins of ₹10. How many rupees does Aditya have?
- 15.11 children go on a school trip to the museum. The bus costs ₹40 for each child and the ticket costs ₹10 for each child. What is the total cost (in ₹)?
- 16.Lakshmi keeps ₹1200 in a bank at 8% simple interest per year. How much money will there be after 1 year (in ₹)?
- 17.Diya’s piggy bank has 3 coins of ₹20, 2 coins of ₹10 and 4 coins of ₹1. How many rupees are in it?
- 18.Isha has ₹38. A notebook costs ₹40. Does Isha have enough money to buy it? (a) Yes (b) No
- 19.A cricket bat costs ₹900. The shop gives 25% off. What is the sale price (in ₹)?
- 20.Lakshmi buys a plate of idli for ₹50 and a mango for ₹40, and pays with a ₹500 note. How much change does Lakshmi get (in ₹)?
- 21.A day trip costs ₹1440 in all. 8 friends share the cost equally. How much does each friend pay (in ₹)?
- 22.₹91 − ₹11 =
- 23.Rahul sees that ₹500 was sent to a wrong number by mistake. What should Rahul do first? (a) Tell a parent at once (b) Keep it a secret (c) Pay again to fix it
- 24.Which is the smallest amount: ₹16, ₹60 or ₹21? (a) 60 rupees (b) 21 rupees (c) 16 rupees
- 25.There are 33 children in a class. Each child needs one notebook at ₹60. What is the total cost (in ₹)?
- 26.Which is worth more: a ₹20 note or a ₹200 note? (a) 20-rupee note (b) 200-rupee note
- 27.There are 18 children in a class. Each child needs one mango at ₹20. What is the total cost (in ₹)?
- 28.How many ₹5 coins make a ₹10 coin?
- 29.Lakshmi spends ₹250 of ₹500 pocket money on books. What percent is that?
- 30.Sneha has ₹200 for return gifts. Each gift costs ₹40. What is the greatest number of gifts Sneha can buy?
- 31.A stall pays ₹18 for each greeting card and sells each one for ₹27. It sells 23 greeting cards. What is the total profit (in ₹)?
-
32.Isha’s passbook:
Opening balance: ₹4600
Debit: ₹450
Credit: ₹400
Debit: ₹50
Credit: ₹400
What is the closing balance (in ₹)? - 33.Ishaan has ₹600. First Ishaan pays for needs: a raincoat (₹70) and a geometry box (₹110). How many rupees are left for wants?
- 34.Ishaan buys a pen for ₹20 and pays with a ₹100 note. How much change does Ishaan get (in ₹)?
- 35.Aarav has 7 coins of ₹2. How many rupees does Aarav have?
- 36.Diya gets ₹9 every day. How many rupees is that in one week (7 days)?
- 37.Dev’s class stall spends ₹270 to make 17 greeting cards and sells all of them at ₹10 each. What is the loss (in ₹)?
- 38.A toy train costs ₹720. Offer 1: 25% off. Offer 2: ₹70 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 39.Kabir has 6 notes of ₹50. Lakshmi has 5 notes of ₹100. How many more rupees does Lakshmi have?
- 40.How many coins of ₹5 does Manav need to make ₹10?
Answer key
- 1100
- 20-rupee coin
- 60
- 19
- 180
- 5
- Coin
- 10
- Yes
- 1000
- 285
- 1200
- 2088
- 30
- 550
- 1296
- 84
- No
- 675
- 410
- 180
- 80
- Tell a parent at once
- 16 rupees
- 1980
- 200-rupee note
- 360
- 2
- 50
- 5
- 207
- 4900
- 420
- 80
- 14
- 63
- 100
- Offer 1
- 200
- 2
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids