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.Rohan’s passbook:
Opening balance: ₹4400
Credit: ₹500
Debit: ₹350
Credit: ₹100
Debit: ₹200
What is the total of all the debits (in ₹)? - 2.Zoya is making a shopping list. Which of these is a need? (a) a fancy phone cover (b) a video game (c) a third cricket bat (d) vegetables
- 3.What is the smallest number of coins and notes that make ₹194?
- 4.How many ₹2 coins make a ₹20 note?
- 5.A stall pays ₹10 for each cup of lemonade and sells each one for ₹12. It sells 12 cups of lemonade. What is the total profit (in ₹)?
- 6.Pooja’s piggy bank has 1 coin of ₹10, 2 coins of ₹2 and 4 coins of ₹1. How many rupees are in it?
- 7.There are 23 children in a class. Each child needs one notebook at ₹55. What is the total cost (in ₹)?
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8.Karan’s passbook:
Opening balance: ₹2200
Credit: ₹350
Debit: ₹100
Credit: ₹250
Debit: ₹400
What is the closing balance (in ₹)? - 9.Of a ₹28000 monthly budget, 25% goes on electricity and 5% on food. The rest is saved. What percent is saved?
- 10.Vivaan’s piggy bank has 2 coins of ₹20, 2 coins of ₹2 and 5 coins of ₹1. How many rupees are in it?
- 11.Shop A sells 4 notebooks for ₹160. Shop B sells 3 notebooks for ₹180. Which shop is cheaper for one notebook? (a) Shop B (b) Shop A
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12.Sneha’s passbook:
Opening balance: ₹4900
Debit: ₹350
Credit: ₹50
Debit: ₹150
Debit: ₹100
What is the closing balance (in ₹)? - 13.Diya buys 5 bananas at ₹5 each and pays ₹50. How much change does Diya get (in ₹)?
- 14.Farhan buys a storybook for ₹130 and a pair of socks for ₹75, and pays with a ₹500 note. How much change does Farhan get (in ₹)?
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15.Riya’s passbook:
Opening balance: ₹700
Credit (money in): ₹1000
Debit (money out): ₹?
Closing balance: ₹650
How many rupees was the debit? - 16.Which is worth the most: a ₹50 note, a ₹5 coin or a ₹500 note? (a) 500-rupee note (b) 50-rupee note (c) 5-rupee coin
- 17.Saanvi wants a gift for Mum that costs ₹405, has ₹60 already and saves ₹50 every week. In how many weeks will Saanvi have enough?
- 18.Arjun wants a bicycle that costs ₹2545, has ₹10 already and saves ₹150 every week. In how many weeks will Arjun have enough?
- 19.₹17.50 + ₹9.50 =
- 20.Kabir is making a shopping list. Which of these is a want? (a) milk (b) notebooks for school (c) soap (d) sweets every day
- 21.Vivaan’s class stall spends ₹20 to make 10 cups of lemonade and sells all of them at ₹5 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
- 22.The bill for 3 geometry boxes and a badminton racket is ₹890. A geometry box costs ₹145. What does the badminton racket cost (in ₹)?
- 23.How many ₹100 notes make a ₹200 note?
- 24.Lakshmi gets ₹200 pocket money every month. How many rupees is that in one year (12 months)?
- 25.Shop A sells a lunch box for ₹180 with free delivery. Shop B sells it for ₹265 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
- 26.Shop A sells a football for ₹410 with free delivery. Shop B sells it for ₹315 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
- 27.After 25% off, a jacket costs ₹90. What was the price before the sale (in ₹)?
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28.Ishaan’s passbook:
Opening balance: ₹2200
Debit: ₹450
Debit: ₹100
Debit: ₹50
Credit: ₹150
What is the closing balance (in ₹)? - 29.Meera has ₹540 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Meera can buy?
- 30.Count up to find the change from ₹20: ₹15 + ₹? = ₹20
- 31.Count up to find the change from ₹200: ₹116 + ₹? = ₹200
- 32.1950 paise is how many rupees? =
- 33.A skipping rope costs ₹43. Kabir has ₹10 and ₹5. How many more rupees does Kabir need?
- 34.₹65 − ₹10 =
- 35.Which coins and notes make exactly ₹57? (a) 50 + 5 + 2 (b) 50 + 2 + 1 (c) 50 + 50 + 2
- 36.Meera buys a pencil for ₹6 and a toffee for ₹2. How many rupees does Meera spend in all?
- 37.Nisha buys 3 rulers at ₹9 each and pays ₹50. How much change does Nisha get (in ₹)?
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38.Priya’s shop bill:
2 geometry boxes at ₹150 each
1 plate of idli at ₹35
4 mangoes at ₹35 each
What is the total bill (in ₹)? - 39.What do 4 pens at ₹21 each and 4 mangoes at ₹35 each cost in all (in ₹)?
- 40.A toy car costs ₹52. Ishaan has ₹10 and ₹2. How many more rupees does Ishaan need?
Answer key
- 550
- vegetables
- 6
- 10
- 24
- 18
- 1265
- 2300
- 70
- 49
- Shop A
- 4350
- 25
- 295
- 1050
- 500-rupee note
- 7
- 17
- 27
- sweets every day
- Profit
- 455
- 2
- 2400
- 135
- 25
- 120
- 1750
- 36
- 5
- 84
- 19.5
- 28
- 55
- 50 + 5 + 2
- 8
- 23
- 475
- 224
- 40
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids