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.Saanvi’s class stall spends ₹535 to make 35 paper bookmarks and sells all of them at ₹15 each. What is the loss (in ₹)?
- 2.Rahul has ₹450. First Rahul pays for needs: a water bottle (₹150) and school shoes (₹100). How many rupees are left for wants?
- 3.Karan has 2 notes of ₹20. Vivaan has 6 coins of ₹2. How many more rupees does Karan have?
- 4.Meera’s mother scans a shop’s QR code to pay ₹2000. What should she check before she pays? (a) The colour of the code (b) The name of the shop (c) Nothing, just pay
- 5.Which is the biggest amount: ₹56, ₹33 or ₹26? (a) 26 rupees (b) 33 rupees (c) 56 rupees
- 6.Ananya is making a shopping list. Which of these is a need? (a) designer sunglasses (b) school shoes (c) a fancy phone cover (d) sweets every day
- 7.Riya is making a shopping list. Which of these is a want? (a) a sticker album (b) a schoolbag (c) a warm blanket (d) vegetables
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8.Meera’s passbook:
Opening balance: ₹2800
Debit: ₹350
Debit: ₹200
Credit: ₹150
Credit: ₹500
What is the total of all the debits (in ₹)? - 9.Which is the same money as one ₹100 note? (a) two 50-rupee notes (b) four 50-rupee notes (c) three 50-rupee notes
- 10.₹100 + ₹? + ₹2 = ₹107
- 11.Rahul’s piggy bank has 2 coins of ₹20, 5 coins of ₹10 and 2 coins of ₹1. How many rupees are in it?
- 12.A jacket costs ₹220. Offer 1: 25% off. Offer 2: ₹60 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 13.₹64 + ₹26 =
- 14.7 pens cost ₹147. What does one pen cost (in ₹)?
- 15.₹13 + ₹19 + ₹35 =
- 16.How many ₹1 coins make a ₹5 coin?
- 17.A toy car costs ₹67. Nisha has ₹20 and ₹5. How many more rupees does Nisha need?
- 18.Kavya buys a kite for ₹13 and a sharpener for ₹6. How many rupees does Kavya spend in all?
- 19.What is the smallest number of coins and notes that make ₹74?
- 20.Ishaan has 4 notes of ₹200, 3 notes of ₹10 and 4 coins of ₹2. How many rupees does Ishaan have?
- 21.How many coins of ₹10 does Kavya need to make ₹20?
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22.Nisha’s passbook:
Opening balance: ₹2000
Debit: ₹350
Credit: ₹50
Credit: ₹200
Credit: ₹450
What is the closing balance (in ₹)? - 23.A 5 kg bag of dal costs ₹745. A 2 kg bag costs ₹256. How many rupees per kg do you save with the cheaper bag?
- 24.How many paise are there in ₹9.50?
- 25.Gurpreet buys 2 pens at ₹10 each and pays with a ₹200 note. How much change does Gurpreet get (in ₹)?
- 26.Of a ₹11000 monthly budget, 25% goes on rent and 40% on food. The rest is saved. How many rupees are saved?
- 27.₹660 − ₹420 =
- 28.Lakshmi gets ₹85 pocket money every week. How many rupees is that in 3 weeks?
- 29.One samosa costs ₹12. A pack of 3 samosas costs ₹35. How many rupees do you save by buying the pack instead of 3 single ones?
- 30.Gurpreet’s class stall spends ₹400 to make 33 cupcakes and sells all of them at ₹20 each. What is the profit (in ₹)?
- 31.Arjun gets ₹90 a week, spends ₹10 each week and saves the rest. How many rupees has Arjun saved after 5 weeks?
- 32.₹44 + ₹45 =
- 33.A 10 kg bag of tomatoes costs ₹250. A 1 kg bag costs ₹37. Which bag is cheaper per kg? (a) 10 kg bag (b) 1 kg bag
- 34.Priya’s mother has ₹2400 in her bank account. She pays ₹200 for vegetables and ₹370 for a gas cylinder by UPI. How many rupees are left in the account?
- 35.Which coins and notes make exactly ₹125? (a) 100 + 20 + 5 (b) 20 + 10 + 5 (c) 20 + 5 + 1
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36.Price list: notebook ₹30, toffee ₹2, ruler ₹14, sharpener ₹9.
Rohan has ₹10 and buys a sharpener. How many rupees are left? - 37.Dev spends ₹90 to start a stall and sells each cup of lemonade for ₹20. What is the smallest number Dev must sell to get back the ₹90?
- 38.A stall pays ₹12 for each plate of bhel and sells each one for ₹16. It sells 32 plates of bhel. What is the total profit (in ₹)?
- 39.Aditya keeps ₹300 in a bank. After 2 years the simple interest is ₹12. What is the rate of interest per year (in %)?
- 40.Nisha’s mother scans a shop’s QR code to pay ₹5000. What should she check before she pays? (a) The name of the shop (b) Nothing, just pay (c) The colour of the code
Answer key
- 10
- 200
- 28
- The name of the shop
- 56 rupees
- school shoes
- a sticker album
- 550
- two 50-rupee notes
- 5
- 92
- Offer 2
- 90
- 21
- 67
- 5
- 42
- 19
- 4
- 838
- 2
- 2350
- 21
- 950
- 180
- 3850
- 240
- 255
- 1
- 260
- 400
- 89
- 10 kg bag
- 1830
- 100 + 20 + 5
- 1
- 5
- 128
- 2
- The name of the shop
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids