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.Meera has 2 notes of ₹20 and 5 notes of ₹10. How many rupees does Meera have?
- 2.Sneha makes 4 friendship bands an hour and sells each one for ₹10. How many rupees can Sneha earn from 2 hours of work?
- 3.Lakshmi has ₹10. A kite costs ₹10. Does Lakshmi have enough money to buy it? (a) No (b) Yes
- 4.Manav has 7 coins of ₹10. How many rupees does Manav have?
- 5.How many coins of ₹10 does Dev need to make ₹40?
- 6.9 footballs cost ₹2520. What does one football cost (in ₹)?
- 7.A pen costs ₹17.50. Isha pays ₹20. How much change does Isha get, in rupees? =
- 8.Which is worth the most: a ₹5 coin, a ₹10 coin or a ₹1 coin? (a) 10-rupee coin (b) 5-rupee coin (c) 1-rupee coin
- 9.There are 16 children in a class. Each child needs one mango at ₹25. What is the total cost (in ₹)?
- 10.Joseph has 4 coins of ₹1. Arjun has 6 notes of ₹20. Who has more money? (a) Joseph (b) Arjun
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11.Joseph’s passbook:
Opening balance: ₹4800
Credit: ₹450
Debit: ₹350
Credit: ₹250
Credit: ₹400
What is the closing balance (in ₹)? - 12.Which is worth more: a ₹20 coin or a ₹50 note? (a) 50-rupee note (b) 20-rupee coin
- 13.Aditya’s class stall spends ₹270 to make 16 paper bookmarks and sells all of them at ₹15 each. What is the loss (in ₹)?
- 14.A 1 kg bag of rice costs ₹54. A 5 kg bag costs ₹265. How many rupees per kg do you save with the cheaper bag?
- 15.A 2 kg bag of rice costs ₹144. A 10 kg bag costs ₹790. Which bag is cheaper per kg? (a) 2 kg bag (b) 10 kg bag
- 16.How many notebooks can you buy with ₹245 if one costs ₹35?
- 17.Which is worth more: a ₹20 coin or a ₹10 coin? (a) 20-rupee coin (b) 10-rupee coin
- 18.Shop A sells 5 notebooks for ₹225. Shop B sells 3 notebooks for ₹180. What does one notebook cost at the cheaper shop (in ₹)?
- 19.Priya buys a geometry box for ₹95 and pays with a ₹100 note. How much change does Priya get (in ₹)?
- 20.Karan buys a crayon box for ₹45 and a pencil for ₹3. How many rupees does Karan spend in all?
- 21.Aditya keeps ₹1000 in a bank. After 5 years the simple interest is ₹450. What is the rate of interest per year (in %)?
- 22.₹30 − ₹16 =
- 23.Gurpreet got ₹160 in 8 weeks, the same amount every week. How many rupees is that each week?
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24.Riya’s passbook:
Opening balance: ₹4400
Credit: ₹300
Credit: ₹100
Credit: ₹300
Debit: ₹250
What is the total of all the credits (in ₹)? - 25.₹? + ₹5 + ₹1 = ₹106
- 26.Shop A sells a football for ₹395 with free delivery. Shop B sells it for ₹410 plus ₹60 delivery. How many rupees do you save by buying from the cheaper shop?
- 27.₹24 + ₹35 + ₹35 =
- 28.Dev has ₹52 in a piggy bank. Nani gives Dev ₹35 more. How many rupees does Dev have now?
- 29.Rahul buys a sharpener for ₹8 and an eraser for ₹5. How many rupees does Rahul spend in all?
- 30.Ananya has 9 notes of ₹20. Vivaan has 2 notes of ₹100. Who has more money? (a) Ananya (b) Vivaan
- 31.Diya is making a shopping list. Which of these is a want? (a) a school uniform (b) toothpaste (c) soap (d) extra comic books
- 32.Nisha’s piggy bank has 2 coins of ₹10, 2 coins of ₹5 and 2 coins of ₹2. How many rupees are in it?
- 33.A stall pays ₹16 for each clay diya and sells each one for ₹17. It sells 19 clay diyas. What is the total profit (in ₹)?
- 34.After 25% off, a school bag costs ₹255. What was the price before the sale (in ₹)?
- 35.Saanvi buys a storybook for ₹90 and pays with a ₹100 note. How much change does Saanvi get (in ₹)?
- 36.Saanvi has 5 notes of ₹100. Pooja has 8 notes of ₹10. Who has less money? (a) Saanvi (b) Pooja
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37.Manav’s passbook:
Opening balance: ₹2400
Debit: ₹150
Debit: ₹250
Credit: ₹400
Credit: ₹200
What is the total of all the credits (in ₹)? - 38.Nisha has 2 notes of ₹50, 2 notes of ₹20 and 2 coins of ₹5. How many rupees does Nisha have?
- 39.How many pairs of socks can you buy with ₹340 if one costs ₹85?
- 40.Zoya buys a colour pencil set (₹60), a water bottle (₹250), a school bag (₹645) and a notebook (₹55). What is the total (in ₹)?
Answer key
- 90
- 80
- Yes
- 70
- 4
- 280
- 2.5
- 10-rupee coin
- 400
- Arjun
- 5550
- 50-rupee note
- 30
- 1
- 2 kg bag
- 7
- 20-rupee coin
- 45
- 5
- 48
- 9
- 14
- 20
- 700
- 100
- 75
- 94
- 87
- 13
- Vivaan
- extra comic books
- 34
- 19
- 340
- 10
- Pooja
- 600
- 150
- 4
- 1010
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids