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.What is the smallest number of coins and notes that make ₹89?
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2.Price list: eraser ₹4, notebook ₹35, toffee ₹2, pencil ₹5.
How much do an eraser and a notebook cost together (in ₹)? - 3.3 friends run a stall selling cups of lemonade and make a profit of ₹1050. They share it equally. How many rupees does each friend get?
- 4.Zoya has 4 notes of ₹100, 1 note of ₹10 and 4 coins of ₹1. How many rupees does Zoya have?
- 5.Ananya’s class stall spends ₹730 to make 37 cupcakes and sells all of them at ₹30 each. What is the profit (in ₹)?
- 6.Isha has ₹410 for return gifts. Each gift costs ₹40. What is the greatest number of gifts Isha can buy?
- 7.Which is worth more: a ₹2 coin or a ₹5 coin? (a) 2-rupee coin (b) 5-rupee coin
- 8.A banana costs ₹4 and an eraser costs ₹2. How many rupees more does the banana cost?
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9.Price list: kite ₹13, eraser ₹2, sticker sheet ₹7, crayon box ₹30.
How many rupees more does a kite cost than a sticker sheet? - 10.Saanvi has 4 coins of ₹5. Dev has 4 coins of ₹2. Who has less money? (a) Dev (b) Saanvi
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11.Price list: ruler ₹9, kite ₹12, balloon ₹10, pencil ₹3.
How much do a ruler and a pencil cost together (in ₹)? - 12.Kavya has 2 notes of ₹100, 4 notes of ₹10 and 4 coins of ₹5. How many rupees does Kavya have?
- 13.After 25% off, a toy train costs ₹390. What was the price before the sale (in ₹)?
- 14.Vivaan wants a wristwatch that costs ₹1120. Vivaan saves ₹70 every week. How many weeks will it take?
- 15.Manav’s class stall spends ₹310 to make 14 cups of lemonade and sells all of them at ₹15 each. What is the loss (in ₹)?
- 16.A stall pays ₹20 for each paper bookmark and sells each one for ₹27. It sells 37 paper bookmarks. What is the total profit (in ₹)?
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17.Price list: crayon box ₹35, banana ₹4, pencil ₹3, sharpener ₹5.
How much do a crayon box and a banana cost together (in ₹)? - 18.Lakshmi gets ₹90 pocket money every week. How many rupees is that in 8 weeks?
- 19.A day trip costs ₹840 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
- 20.₹410 + ₹280 =
- 21.Dev buys a storybook for ₹130 and a geometry box for ₹145, and pays with a ₹500 note. How much change does Dev get (in ₹)?
- 22.A dozen (12) eggs cost ₹84. What does one cost (in ₹)?
- 23.Kavya has 4 notes of ₹200, 2 notes of ₹10 and 3 coins of ₹2. How many rupees does Kavya have?
- 24.1900 paise is how many rupees? =
- 25.₹75 + ₹15 =
- 26.₹27.50 − ₹1 =
- 27.Gurpreet wants a storybook set that costs ₹360. Gurpreet saves ₹90 every week. How many weeks will it take?
- 28.₹390 − ₹170 =
- 29.Meera keeps ₹1300 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
- 30.Aarav has 7 notes of ₹20. Priya has 5 notes of ₹100. How many more rupees does Priya have?
- 31.Saanvi has 10 coins of ₹20. How many rupees does Saanvi have?
- 32.Riya has ₹700. First Riya pays for needs: a school uniform (₹130) and a raincoat (₹60). How many rupees are left for wants?
- 33.Farhan has 1 note of ₹500 and 4 notes of ₹20. How many rupees does Farhan have?
- 34.A pair of shoes costs ₹700. The shop gives 25% off. How many rupees is the discount?
- 35.₹5.50 + ₹8.50 =
- 36.Vivaan has ₹9. An eraser costs ₹4. Does Vivaan have enough money to buy it? (a) No (b) Yes
- 37.Which is worth the most: a ₹2 coin, a ₹5 coin or a ₹200 note? (a) 2-rupee coin (b) 5-rupee coin (c) 200-rupee note
- 38.Sneha buys a balloon for ₹6 and a samosa for ₹17, and pays ₹50. How much change does Sneha get (in ₹)?
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39.Lakshmi’s passbook:
Opening balance: ₹1700
Credit (money in): ₹900
Debit (money out): ₹?
Closing balance: ₹1900
How many rupees was the debit? - 40.A school bag costs ₹680. Offer 1: 50% off. Offer 2: ₹40 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
Answer key
- 6
- 39
- 350
- 414
- 380
- 10
- 5-rupee coin
- 2
- 6
- Dev
- 12
- 260
- 520
- 16
- 100
- 259
- 39
- 720
- 280
- 690
- 225
- 7
- 826
- 19
- 90
- 26.5
- 4
- 220
- 1378
- 360
- 200
- 510
- 580
- 175
- 14
- Yes
- 200-rupee note
- 27
- 700
- Offer 1
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids