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.Which is the same money as one ₹200 note? (a) five 50-rupee notes (b) six 50-rupee notes (c) four 50-rupee notes
- 2.Saanvi wants to save ₹480 for a storybook set in 6 weeks, the same amount each week. How many rupees must Saanvi save each week?
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3.Isha’s passbook:
Opening balance: ₹3500
Debit: ₹250
Credit: ₹300
Credit: ₹300
Credit: ₹150
What is the total of all the debits (in ₹)? - 4.Rohan has ₹700. First Rohan pays for needs: socks (₹180) and a raincoat (₹60). How many rupees are left for wants?
- 5.Saanvi buys a mango for ₹20 and pays with a ₹100 note. How much change does Saanvi get (in ₹)?
- 6.Kabir’s piggy bank has 1 coin of ₹10, 1 coin of ₹5 and 3 coins of ₹2. How many rupees are in it?
- 7.Joseph keeps ₹1800 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
- 8.How many cricket balls can you buy with ₹660 if one costs ₹110?
- 9.7 notebooks cost ₹315. How much do 4 notebooks cost (in ₹)?
- 10.Arjun has 10 coins of ₹2. How many rupees does Arjun have?
- 11.Aarav’s class stall spends ₹330 to make 27 plates of bhel and sells all of them at ₹25 each. What is the profit (in ₹)?
- 12.Kavya has 8 coins of ₹20. How many rupees does Kavya have?
- 13.The bill for a football and a samosa is ₹422. A football costs ₹405. What does the samosa cost (in ₹)?
- 14.Farhan has 2 coins of ₹1. How many rupees does Farhan have?
- 15.Meera buys a samosa for ₹19 and a glue stick for ₹15, and pays ₹50. How much change does Meera get (in ₹)?
- 16.Lakshmi has 2 coins of ₹10 and 3 coins of ₹5. How many rupees does Lakshmi have?
- 17.Aarav has ₹3. A sharpener costs ₹6. Does Aarav have enough money to buy it? (a) No (b) Yes
- 18.A toy car costs ₹92. Arjun has ₹10 and ₹2. How many more rupees does Arjun need?
- 19.Count up to find the change from ₹10: ₹7 + ₹? = ₹10
- 20.Tara has one ₹5 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 21.Aditya is making a shopping list. Which of these is a need? (a) a toy robot (b) a schoolbag (c) sweets every day (d) a remote-control car
- 22.Shop A sells a school bag for ₹465 with free delivery. Shop B sells it for ₹590 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 23.Rahul’s class stall spends ₹495 to make 17 clay diyas and sells all of them at ₹25 each. What is the loss (in ₹)?
- 24.For Lakshmi, is “a new party dress” a need or a want? (a) Want (b) Need
- 25.Aarav buys 3 pens at ₹16 each and pays with a ₹200 note. How much change does Aarav get (in ₹)?
- 26.₹360 + ₹190 =
- 27.Which is the same money as one ₹100 note? (a) two 20-rupee notes (b) five 20-rupee notes (c) six 20-rupee notes
- 28.A water bottle costs ₹800. The shop gives 25% off. What is the sale price (in ₹)?
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29.Price list: sharpener ₹6, balloon ₹9, ruler ₹10, juice box ₹30.
Which item costs the most? (a) sharpener (b) balloon (c) juice box (d) ruler - 30.Manav buys a samosa for ₹13 and pays with a ₹100 note. How much change does Manav get (in ₹)?
- 31.A juice box costs ₹33.50. Isha pays ₹50. How much change does Isha get, in rupees? =
- 32.10 geometry boxes cost ₹1100. How much do 3 geometry boxes cost (in ₹)?
- 33.Karan makes 4 friendship bands an hour and sells each one for ₹20. How many rupees can Karan earn from 2 hours of work?
- 34.Aarav spends ₹50 of ₹200 pocket money on books. What percent is that?
- 35.Vivaan’s class stall spends ₹180 to make 40 greeting cards and sells all of them at ₹5 each. What is the profit (in ₹)?
- 36.A pencil box costs ₹34.50. Isha pays ₹50. How much change does Isha get, in rupees? =
- 37.Priya has 6 notes of ₹100. How many rupees does Priya have?
- 38.Joseph has 1 note of ₹200 and 1 note of ₹100. How many rupees does Joseph have?
- 39.10 storybooks cost ₹1350. What does one storybook cost (in ₹)?
- 40.A 2 kg bag of rice costs ₹160. A 1 kg bag costs ₹56. How many rupees per kg do you save with the cheaper bag?
Answer key
- four 50-rupee notes
- 80
- 250
- 460
- 80
- 21
- 720
- 6
- 180
- 20
- 345
- 160
- 17
- 2
- 16
- 35
- No
- 80
- 3
- Coin
- a schoolbag
- Shop A
- 70
- Want
- 152
- 550
- five 20-rupee notes
- 600
- juice box
- 87
- 16.5
- 330
- 160
- 25
- 20
- 15.5
- 600
- 300
- 135
- 24
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids