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.₹130 + ₹110 =
- 2.Diya has 4 notes of ₹200 and 1 note of ₹100. How many rupees does Diya have?
- 3.Of a ₹50000 monthly budget, 20% goes on travel and 30% on food. The rest is saved. How many rupees are saved?
- 4.Rohan buys a crayon box for ₹30 and an eraser for ₹2. How many rupees does Rohan spend in all?
- 5.Ishaan wants a gift for Mum that costs ₹495, has ₹140 already and saves ₹60 every week. In how many weeks will Ishaan have enough?
- 6.Karan has ₹750 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Karan can buy?
- 7.A 1 kg bag of sugar costs ₹44. A 2 kg bag costs ₹90. How many rupees per kg do you save with the cheaper bag?
- 8.Isha’s class stall spends ₹450 to make 30 clay diyas and sells all of them at ₹15 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 9.Which coins and notes make exactly ₹72? (a) 50 + 20 + 1 (b) 100 + 50 + 20 (c) 50 + 20 + 2
- 10.Rahul pays a school fee of ₹950 from the account. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
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11.Manav’s shop bill:
1 geometry box at ₹90
1 samosa at ₹19
4 mangoes at ₹20 each
What is the total bill (in ₹)? - 12.4 geometry boxes cost ₹340. How much do 3 geometry boxes cost (in ₹)?
- 13.Meera had ₹49. Meera spent ₹5 on a banana. How many rupees are left?
- 14.Which is the same money as one ₹10 note? (a) six 2-rupee coins (b) four 2-rupee coins (c) five 2-rupee coins
- 15.A 1 kg bag of potatoes costs ₹23. A 2 kg bag costs ₹68. Which bag is cheaper per kg? (a) 2 kg bag (b) 1 kg bag
- 16.Zoya has 2 notes of ₹100. How many rupees does Zoya have?
- 17.Kabir’s piggy bank has 1 coin of ₹10, 4 coins of ₹5 and 1 coin of ₹2. How many rupees are in it?
- 18.Kavya keeps ₹1600 in a bank. After 5 years the simple interest is ₹560. What is the rate of interest per year (in %)?
- 19.Count up to find the change from ₹100: ₹89 + ₹? = ₹100
- 20.Nisha has 3 coins of ₹5. How many rupees does Nisha have?
- 21.How many ₹5 coins make a ₹10 coin?
- 22.1050 paise is how many rupees? =
- 23.Kabir has 9 notes of ₹50. Ishaan has 6 notes of ₹20. Who has less money? (a) Kabir (b) Ishaan
- 24.What do 4 water bottles at ₹190 each and 2 pairs of socks at ₹80 each cost in all (in ₹)?
- 25.Lakshmi wants a football that costs ₹450. Lakshmi saves ₹30 every week. How many weeks will it take?
- 26.Dev deposits ₹1200 saved in a piggy bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 27.Manav keeps ₹1400 in a bank. After 5 years the simple interest is ₹420. What is the rate of interest per year (in %)?
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28.Isha’s passbook:
Opening balance: ₹3100
Credit: ₹150
Credit: ₹50
Debit: ₹50
Credit: ₹200
What is the total of all the debits (in ₹)? - 29.Kavya has 10 coins of ₹1. How many rupees does Kavya have?
- 30.A balloon costs ₹9. Tara pays ₹20. How much change does Tara get (in ₹)?
- 31.There are 26 children in a class. Each child needs one notebook at ₹45. What is the total cost (in ₹)?
- 32.For Sneha, is “a raincoat” a need or a want? (a) Need (b) Want
- 33.Shop A sells 3 pairs of socks for ₹180. Shop B sells 2 pairs of socks for ₹110. What does one pair of socks cost at the cheaper shop (in ₹)?
- 34.Which is worth more: a ₹20 coin or a ₹10 coin? (a) 20-rupee coin (b) 10-rupee coin
- 35.Gurpreet has 10 coins of ₹2. How many rupees does Gurpreet have?
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36.Price list: pencil ₹7, notebook ₹35, toffee ₹2, kite ₹17.
Diya has ₹10 and buys a pencil. How many rupees are left? - 37.₹440 + ₹400 =
- 38.Sneha spends ₹300 on things to make 19 cupcakes and sells them all at ₹20 each. How many rupees does Sneha earn after paying the costs?
- 39.A water bottle costs ₹230 online. Delivery is ₹60 and a coupon takes ₹40 off. What is the final price (in ₹)?
- 40.Meera’s class stall spends ₹120 to make 16 clay diyas and sells all of them at ₹10 each. What is the profit (in ₹)?
Answer key
- 240
- 900
- 25000
- 32
- 6
- 50
- 1
- No profit, no loss
- 50 + 20 + 2
- Debit
- 189
- 255
- 44
- five 2-rupee coins
- 1 kg bag
- 200
- 32
- 7
- 11
- 15
- 2
- 10.5
- Ishaan
- 920
- 15
- Credit
- 6
- 50
- 10
- 11
- 1170
- Need
- 55
- 20-rupee coin
- 20
- 3
- 840
- 80
- 250
- 40
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids