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 ₹50 note? (a) five 10-rupee notes (b) two 10-rupee notes (c) four 10-rupee notes
- 2.A stall pays ₹10 for each friendship band and sells each one for ₹11. It sells 32 friendship bands. What is the total profit (in ₹)?
- 3.Shop A sells 6 pens for ₹84. Shop B sells 2 pens for ₹36. Which shop is cheaper for one pen? (a) Shop A (b) Shop B
- 4.Zoya has one ₹50 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 5.How many notes of ₹100 make ₹300?
- 6.Shop A sells 3 geometry boxes for ₹390. Shop B sells 4 geometry boxes for ₹360. What does one geometry box cost at the cheaper shop (in ₹)?
- 7.Ishaan has ₹17. A biscuit packet costs ₹17. Does Ishaan have enough money to buy it? (a) No (b) Yes
- 8.How many notes of ₹20 make ₹140?
- 9.Rohan keeps ₹1200 in a bank at 3% simple interest per year. How much money will there be after 3 years (in ₹)?
- 10.Saanvi is making a shopping list. Which of these is a want? (a) milk (b) extra comic books (c) school shoes (d) medicine when ill
- 11.Kabir buys a plate of idli for ₹35 and a geometry box for ₹130, and pays with a ₹500 note. How much change does Kabir get (in ₹)?
- 12.One paper clip costs ₹3.50. How many rupees do 2 paper clips cost? =
- 13.Ishaan wants to save ₹490 for a gift for Mum in 7 weeks, the same amount each week. How many rupees must Ishaan save each week?
- 14.Zoya has ₹12. A sharpener costs ₹9. Does Zoya have enough money to buy it? (a) No (b) Yes
- 15.Ananya buys 2 glue sticks at ₹17 each and pays ₹50. How much change does Ananya get (in ₹)?
- 16.Someone online asks Riya for the family UPI PIN. Who should ever be told a PIN or OTP? (a) No one (b) A friend at school (c) A caller from the bank
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17.Price list: samosa ₹18, sharpener ₹7, crayon box ₹35, toffee ₹1.
Which item costs the most? (a) sharpener (b) toffee (c) crayon box (d) samosa - 18.A school bag costs ₹640. The shop gives 20% off. What is the sale price (in ₹)?
- 19.A school bag costs ₹620 online. Delivery is ₹20 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 20.One samosa costs ₹13. A pack of 3 samosas costs ₹35. How many rupees do you save by buying the pack instead of 3 single ones?
- 21.₹10 − ₹6.50 =
- 22.Gurpreet has 3 notes of ₹100. Isha has 9 coins of ₹1. How many more rupees does Gurpreet have?
- 23.Priya’s class stall spends ₹1120 to make 35 plates of bhel and sells all of them at ₹30 each. What is the loss (in ₹)?
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24.Aarav’s passbook:
Opening balance: ₹2200
Credit: ₹200
Debit: ₹50
Credit: ₹400
Debit: ₹300
What is the closing balance (in ₹)? - 25.Sneha has 4 coins of ₹1. Meera has 8 notes of ₹10. Who has less money? (a) Meera (b) Sneha
- 26.Which coins and notes make exactly ₹65? (a) 10 + 5 + 2 (b) 50 + 5 + 2 (c) 50 + 10 + 5
- 27.How many notes of ₹20 make ₹160?
- 28.₹78 + ₹6 =
- 29.Shop A sells a football for ₹285 with free delivery. Shop B sells it for ₹345 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
- 30.₹820 − ₹150 =
- 31.₹5 + ₹15.50 =
- 32.Lakshmi pays a school fee of ₹550 from the account. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 33.Shop A sells 5 plates of idli for ₹200. Shop B sells 4 plates of idli for ₹200. Which shop is cheaper for one plate of idli? (a) Shop A (b) Shop B
- 34.₹24.50 − ₹21 =
- 35.Zoya’s class stall spends ₹410 to make 17 plates of bhel and sells all of them at ₹20 each. What is the loss (in ₹)?
- 36.Isha buys a storybook (₹135), a T-shirt (₹270), a school bag (₹580) and a plate of idli (₹50). What is the total (in ₹)?
- 37.A pencil costs ₹3 and a balloon costs ₹6. How many rupees more does the balloon cost?
- 38.Riya has a budget of ₹2000 for a birthday party. The balloons cost ₹500, the snacks cost ₹240 and the decorations cost ₹350. How many rupees are left?
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39.Karan’s passbook:
Opening balance: ₹4700
Credit: ₹400
Debit: ₹100
Credit: ₹450
Debit: ₹350
What is the total of all the debits (in ₹)? - 40.A sharpener costs ₹4 and a balloon costs ₹5. How many rupees more does the balloon cost?
Answer key
- five 10-rupee notes
- 32
- Shop A
- Note
- 3
- 90
- Yes
- 7
- 1308
- extra comic books
- 335
- 7
- 70
- Yes
- 16
- No one
- crayon box
- 512
- 620
- 4
- 3.5
- 291
- 70
- 2450
- Sneha
- 50 + 10 + 5
- 8
- 84
- 110
- 670
- 20.5
- Debit
- Shop A
- 3.5
- 70
- 1035
- 3
- 910
- 450
- 1
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids