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
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1.Karan’s passbook:
Opening balance: ₹3000
Debit: ₹50
Credit: ₹450
Credit: ₹50
Debit: ₹50
What is the total of all the debits (in ₹)? -
2.Price list: sharpener ₹8, samosa ₹18, ice candy ₹10, sticker sheet ₹12.
How many rupees more does a samosa cost than a sharpener? - 3.₹900 earns 6% simple interest per year. In how many years will the interest be ₹162?
- 4.Dev has 5 notes of ₹200. How many rupees does Dev have?
- 5.A 10 kg bag of onions costs ₹440. A 1 kg bag costs ₹31. Which bag is cheaper per kg? (a) 10 kg bag (b) 1 kg bag
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6.Rohan’s shop bill:
1 T-shirt at ₹385
3 pairs of socks at ₹65 each
3 colour pencil sets at ₹100 each
What is the total bill (in ₹)? - 7.Aarav had ₹53. Aarav spent ₹20 on a glue stick. How many rupees are left?
- 8.How many mangoes can you buy with ₹400 if one costs ₹40?
- 9.Zoya wants a bicycle that costs ₹4035, has ₹40 already and saves ₹100 every week. In how many weeks will Zoya have enough?
- 10.₹15.50 + ₹5.50 =
- 11.A pair of shoes costs ₹480. The shop gives 10% off. How many rupees is the discount?
- 12.Isha buys a storybook (₹150), a badminton racket (₹535), a T-shirt (₹210) and a plate of idli (₹60). What is the total (in ₹)?
- 13.Pooja has 4 coins of ₹1. Zoya has 3 coins of ₹5. Who has more money? (a) Pooja (b) Zoya
- 14.How many notes of ₹10 make ₹40?
- 15.Karan has 6 notes of ₹100. Aditya has 3 notes of ₹50. Who has more money? (a) Aditya (b) Karan
- 16.Which is worth the least: a ₹20 coin, a ₹2 coin or a ₹50 note? (a) 2-rupee coin (b) 20-rupee coin (c) 50-rupee note
- 17.One kite costs ₹17. A pack of 3 kites costs ₹47. How many rupees do you save by buying the pack instead of 3 single ones?
- 18.Which is worth the most: a ₹1 coin, a ₹20 note or a ₹10 coin? (a) 10-rupee coin (b) 20-rupee note (c) 1-rupee coin
- 19.Sneha gets ₹60 a week, spends ₹25 each week and saves the rest. How many rupees has Sneha saved after 8 weeks?
- 20.Karan has 5 coins of ₹1. Manav has 6 notes of ₹10. How many more rupees does Manav have?
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21.Price list: toffee ₹3, ruler ₹10, samosa ₹18, kite ₹23.
How many rupees more does a ruler cost than a toffee? - 22.Kavya’s class stall spends ₹640 to make 35 greeting cards and sells all of them at ₹25 each. What is the profit (in ₹)?
- 23.Arjun’s class stall spends ₹240 to make 10 friendship bands and sells all of them at ₹25 each. Is it a profit or a loss? (a) No profit, no loss (b) Profit (c) Loss
- 24.Riya has ₹26. A glue stick costs ₹21. Does Riya have enough money to buy it? (a) No (b) Yes
- 25.11 children go on a school trip to the zoo. The bus costs ₹40 for each child and the ticket costs ₹10 for each child. What is the total cost (in ₹)?
- 26.Kavya buys 4 sticker sheets at ₹5 each and pays ₹50. How much change does Kavya get (in ₹)?
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27.Price list: banana ₹4, samosa ₹12, juice box ₹25, kite ₹22.
How many rupees more does a samosa cost than a banana? - 28.Shop A sells a lunch box for ₹160 with free delivery. Shop B sells it for ₹160 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 29.Count up to find the change from ₹20: ₹3 + ₹? = ₹20
- 30.₹18 − ₹17.50 =
- 31.Rahul spends ₹170 to start a stall and sells each friendship band for ₹30. What is the smallest number Rahul must sell to get back the ₹170?
- 32.Shop A sells a football for ₹320 with free delivery. Shop B sells it for ₹395 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 33.Riya buys a sharpener for ₹7 and a notebook for ₹25. How many rupees does Riya spend in all?
- 34.Which is the smallest amount: ₹85, ₹18 or ₹78? (a) 85 rupees (b) 78 rupees (c) 18 rupees
- 35.How many coins of ₹10 does Gurpreet need to make ₹20?
- 36.Aditya’s class stall spends ₹835 to make 33 friendship bands and sells all of them at ₹25 each. What is the loss (in ₹)?
- 37.Meera withdraws ₹150 at the bank counter. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 38.How many paise are there in ₹12.50?
- 39.What do 2 pairs of socks at ₹80 each and 3 colour pencil sets at ₹65 each cost in all (in ₹)?
- 40.Rahul saves ₹60 every week for 9 weeks, then buys a gift for Mum for ₹90. How many rupees are left?
Answer key
- 100
- 10
- 3
- 1000
- 1 kg bag
- 880
- 33
- 10
- 40
- 21
- 48
- 955
- Zoya
- 4
- Karan
- 2-rupee coin
- 4
- 20-rupee note
- 280
- 55
- 7
- 235
- Profit
- Yes
- 550
- 30
- 8
- Shop A
- 17
- 0.5
- 6
- 95
- 32
- 18 rupees
- 2
- 10
- Debit
- 1250
- 355
- 450
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids