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.Nisha is making a shopping list. Which of these is a need? (a) a toy robot (b) a video game (c) rice and dal (d) a fancy phone cover
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2.Price list: pencil ₹5, sharpener ₹9, toffee ₹1, ice candy ₹8.
How much do a sharpener and a toffee cost together (in ₹)? -
3.Price list: juice box ₹20, balloon ₹6, crayon box ₹45, samosa ₹11.
How much do a crayon box and a juice box cost together (in ₹)? - 4.Rahul spends ₹200 to start a stall and sells each cupcake for ₹10. What is the smallest number Rahul must sell to get back the ₹200?
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5.Zoya’s shop bill:
4 cricket balls at ₹125 each
1 mango at ₹40
1 storybook at ₹195
What is the total bill (in ₹)? - 6.For Diya, is “sweets every day” a need or a want? (a) Need (b) Want
- 7.A banana costs ₹4. Meera pays ₹10. How much change does Meera get (in ₹)?
- 8.Ananya has 5 coins of ₹20. How many rupees does Ananya have?
- 9.A notebook costs ₹10.50. Ananya pays ₹20. How much change does Ananya get, in rupees? =
- 10.A message says Aditya has won ₹1000. It asks for the UPI PIN to send the prize. What is true? (a) Prizes need your PIN (b) Enter the PIN quickly (c) No PIN to receive money
- 11.Ishaan has 6 coins of ₹20 and 2 coins of ₹1. How many rupees does Ishaan have?
- 12.Nisha has ₹980 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Nisha can buy?
- 13.How many coins of ₹5 does Arjun need to make ₹15?
- 14.₹29 + ₹31 + ₹8 =
- 15.Which coins and notes make exactly ₹170? (a) 50 + 20 + 2 (b) 100 + 50 + 20 (c) 100 + 100 + 50
- 16.8 cricket balls cost ₹1080. What does one cricket ball cost (in ₹)?
- 17.Joseph makes 3 paper bookmarks an hour and sells each one for ₹15. How many rupees can Joseph earn from 1 hour of work?
- 18.Aditya has 1 note of ₹100, 4 notes of ₹10 and 1 coin of ₹2. How many rupees does Aditya have?
- 19.Manav wants to save ₹270 for an art kit in 3 weeks, the same amount each week. How many rupees must Manav save each week?
- 20.A water bottle costs ₹960. The shop gives 20% off. How many rupees is the discount?
- 21.Saanvi is making a shopping list. Which of these is a need? (a) milk (b) a fancy phone cover (c) a glitter pen set (d) sweets every day
- 22.Priya has ₹6. A balloon costs ₹8. Does Priya have enough money to buy it? (a) No (b) Yes
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23.Price list: notebook ₹35, kite ₹25, balloon ₹7, ruler ₹11.
How much do a notebook and a balloon cost together (in ₹)? - 24.Isha has ₹350. First Isha pays for needs: a geometry box (₹90) and socks (₹50). How many rupees are left for wants?
- 25.A stranger asks Arjun to scan a QR code to “get” ₹1000. What is true? (a) QR codes are always safe (b) It gives you money (c) Scanning a QR pays money
- 26.Dev’s class stall spends ₹50 to make 14 cupcakes and sells all of them at ₹5 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
- 27.What is the smallest number of coins and notes that make ₹25?
- 28.Kabir’s mother has ₹1200 in her bank account. She pays ₹230 for fruit and ₹180 for vegetables by UPI. How many rupees are left in the account?
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29.Vivaan’s shop bill:
1 football at ₹350
1 T-shirt at ₹335
3 water bottles at ₹195 each
What is the total bill (in ₹)? - 30.A stall pays ₹6 for each friendship band and sells each one for ₹13. It sells 40 friendship bands. What is the total profit (in ₹)?
- 31.Count up to find the change from ₹500: ₹433 + ₹? = ₹500
- 32.Of a ₹43000 monthly budget, 20% goes on rent and 5% on clothes. The rest is saved. What percent is saved?
- 33.Which is worth more: a ₹10 coin or a ₹100 note? (a) 100-rupee note (b) 10-rupee coin
- 34.A 1 kg bag of potatoes costs ₹28. A 2 kg bag costs ₹80. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
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35.Price list: pencil ₹7, juice box ₹25, samosa ₹11, biscuit packet ₹20.
Dev has ₹100 and buys a juice box. How many rupees are left? - 36.Arjun’s mother scans a shop’s QR code to pay ₹500. What should she check before she pays? (a) The colour of the code (b) The name of the shop (c) Nothing, just pay
- 37.Kabir spends ₹340 on things to make 24 paper bookmarks and sells them all at ₹15 each. How many rupees does Kabir earn after paying the costs?
- 38.How many coins of ₹20 does Ishaan need to make ₹200?
- 39.₹36 + ₹13 =
- 40.Which is the same money as one ₹100 note? (a) two 50-rupee notes (b) three 50-rupee notes (c) five 50-rupee notes
Answer key
- rice and dal
- 10
- 65
- 20
- 735
- Want
- 6
- 100
- 9.5
- No PIN to receive money
- 122
- 19
- 3
- 68
- 100 + 50 + 20
- 135
- 45
- 142
- 90
- 192
- milk
- No
- 42
- 210
- Scanning a QR pays money
- Profit
- 2
- 790
- 1270
- 280
- 67
- 75
- 100-rupee note
- 1 kg bag
- 75
- The name of the shop
- 20
- 10
- 49
- two 50-rupee notes
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids