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.Count up to find the change from ₹100: ₹42 + ₹? = ₹100
- 2.Kavya has 5 coins of ₹1. Aditya has 6 notes of ₹20. Who has less money? (a) Aditya (b) Kavya
- 3.₹450 + ₹50 =
- 4.Tara wants an art kit that costs ₹350, has ₹100 already and saves ₹50 every week. In how many weeks will Tara have enough?
- 5.One small sweet costs 50 paise. How many rupees do 2 small sweets cost? =
- 6.A biscuit packet costs ₹12 and a sticker sheet costs ₹7. How many rupees more does the biscuit packet cost?
- 7.A dozen (12) guavas cost ₹84. What does one cost (in ₹)?
- 8.Rohan’s class stall spends ₹150 to make 10 clay diyas and sells all of them at ₹15 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 9.₹23 − ₹6 =
- 10.How many ₹10 notes make a ₹20 coin?
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11.Kavya’s passbook:
Opening balance: ₹2200
Credit: ₹50
Credit: ₹150
Credit: ₹400
Debit: ₹450
What is the closing balance (in ₹)? - 12.Rahul has ₹400. First Rahul pays for needs: a school uniform (₹80) and socks (₹100). How many rupees are left for wants?
- 13.Shop A sells a badminton racket for ₹410 with free delivery. Shop B sells it for ₹370 plus ₹80 delivery. How many rupees do you save by buying from the cheaper shop?
- 14.The bill for a football and a plate of idli is ₹470. A football costs ₹415. What does the plate of idli cost (in ₹)?
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15.Zoya’s shop bill:
4 storybooks at ₹100 each
2 plates of idli at ₹35 each
1 school bag at ₹790
What is the total bill (in ₹)? - 16.Of a ₹39000 monthly budget, 5% goes on food and 40% on school fees. The rest is saved. How many rupees are saved?
- 17.Which is the biggest amount: ₹58, ₹30 or ₹13? (a) 30 rupees (b) 58 rupees (c) 13 rupees
- 18.Rahul wants a gift for Mum that costs ₹420. Rahul saves ₹70 every week. How many weeks will it take?
- 19.Lakshmi has 3 notes of ₹200 and 3 notes of ₹100. How many rupees does Lakshmi have?
- 20.Ishaan has ₹10. An ice candy costs ₹9. Does Ishaan have enough money to buy it? (a) Yes (b) No
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21.Farhan’s shop bill:
2 T-shirts at ₹210 each
4 pairs of socks at ₹90 each
4 notebooks at ₹45 each
What is the total bill (in ₹)? - 22.What is the smallest number of coins and notes that make ₹73?
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23.Price list: toffee ₹2, sharpener ₹4, crayon box ₹45, banana ₹6.
How much do a crayon box and a sharpener cost together (in ₹)? - 24.Rohan buys an eraser for ₹4 and a glue stick for ₹16, and pays ₹50. How much change does Rohan get (in ₹)?
- 25.A colouring book costs ₹55. Diya has ₹10 and ₹5. How many more rupees does Diya need?
- 26.How many notes of ₹20 make ₹100?
- 27.Count up to find the change from ₹10: ₹2 + ₹? = ₹10
- 28.A stranger asks Ananya to scan a QR code to “get” ₹50000. What is true? (a) QR codes are always safe (b) It gives you money (c) Scanning a QR pays money
- 29.Farhan has 6 notes of ₹20. Zoya has 8 coins of ₹2. Who has more money? (a) Farhan (b) Zoya
- 30.A family plans ₹33000 for the month. 20% of it is for clothes. How many rupees is that?
- 31.Priya has 2 coins of ₹1. How many rupees does Priya have?
- 32.Meera has ₹300. First Meera pays for needs: socks (₹80) and school shoes (₹80). How many rupees are left for wants?
- 33.One colour pencil set costs ₹60. How much do 4 colour pencil sets cost (in ₹)?
- 34.₹590 − ₹40 =
- 35.Kabir keeps ₹200 in a bank. After 4 years the simple interest is ₹16. What is the rate of interest per year (in %)?
- 36.₹80 + ₹250 =
- 37.A 10 kg bag of potatoes costs ₹230. A 5 kg bag costs ₹170. Which bag is cheaper per kg? (a) 10 kg bag (b) 5 kg bag
- 38.Ishaan buys a ruler for ₹9 and a kite for ₹13, and pays ₹50. How much change does Ishaan get (in ₹)?
- 39.A stranger asks Pooja to scan a QR code to “get” ₹25000. What is true? (a) Scanning a QR pays money (b) It gives you money (c) QR codes are always safe
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40.Meera’s passbook:
Opening balance: ₹4400
Debit: ₹400
Credit: ₹350
Debit: ₹50
Debit: ₹50
What is the total of all the debits (in ₹)?
Answer key
- 58
- Kavya
- 500
- 5
- 1
- 5
- 7
- No profit, no loss
- 17
- 2
- 2350
- 220
- 40
- 55
- 1260
- 21450
- 58 rupees
- 6
- 900
- Yes
- 960
- 4
- 49
- 30
- 40
- 5
- 8
- Scanning a QR pays money
- Farhan
- 6600
- 2
- 140
- 240
- 550
- 2
- 330
- 10 kg bag
- 28
- Scanning a QR pays money
- 500
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids