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.Farhan gets ₹30 a week, spends ₹10 each week and saves the rest. How many rupees has Farhan saved after 8 weeks?
- 2.Aditya spends ₹350 of ₹700 pocket money on books. What percent is that?
- 3.Manav pays a school fee of ₹200 from the account. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 4.Gurpreet is making a shopping list. Which of these is a need? (a) vegetables (b) a glitter pen set (c) a bigger TV (d) a third cricket bat
- 5.Dev is making a shopping list. Which of these is a need? (a) a raincoat (b) extra comic books (c) a new party dress (d) a toy robot
- 6.₹20 + ₹100 + ₹? = ₹125
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7.Vivaan’s passbook:
Opening balance: ₹2000
Debit: ₹100
Debit: ₹400
Credit: ₹50
Credit: ₹350
What is the closing balance (in ₹)? - 8.Count up to find the change from ₹10: ₹6 + ₹? = ₹10
- 9.₹29 + ₹15 + ₹31 =
- 10.A family plans ₹22000 for the month. 50% of it is for electricity. How many rupees is that?
- 11.Saanvi buys a lunch box for ₹190 and a pair of socks for ₹70, and pays with a ₹500 note. How much change does Saanvi get (in ₹)?
- 12.Aarav has 6 coins of ₹2. Meera has 8 notes of ₹20. How many more rupees does Meera have?
- 13.Joseph has 1 note of ₹200 and 2 notes of ₹100. How many rupees does Joseph have?
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14.Price list: eraser ₹3, sticker sheet ₹6, ruler ₹10, juice box ₹20.
Gurpreet has ₹50 and buys a juice box. How many rupees are left? - 15.Lakshmi is making a shopping list. Which of these is a want? (a) milk (b) a video game (c) rice and dal (d) school shoes
- 16.A stall pays ₹5 for each cupcake and sells each one for ₹12. It sells 31 cupcakes. What is the total profit (in ₹)?
- 17.Ananya buys a sharpener for ₹9 and a sticker sheet for ₹12. How many rupees does Ananya spend in all?
- 18.For Priya, is “sweets every day” a need or a want? (a) Need (b) Want
- 19.Nisha gets ₹70 a week, spends ₹30 each week and saves the rest. How many rupees has Nisha saved after 5 weeks?
- 20.Ishaan keeps ₹1100 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
- 21.Rahul buys 2 toffees at ₹2 each and pays ₹50. How much change does Rahul get (in ₹)?
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22.Meera’s passbook:
Opening balance: ₹2400
Credit: ₹500
Credit: ₹200
Credit: ₹300
Debit: ₹200
What is the closing balance (in ₹)? - 23.₹71 + ₹20 =
- 24.Count up to find the change from ₹200: ₹46 + ₹? = ₹200
- 25.Arjun buys a football for ₹255 and a colour pencil set for ₹120, and pays with a ₹500 note. How much change does Arjun get (in ₹)?
- 26.Which is the smallest amount: ₹58, ₹90 or ₹14? (a) 58 rupees (b) 14 rupees (c) 90 rupees
- 27.6 geometry boxes cost ₹810. What does one geometry box cost (in ₹)?
- 28.Which is worth the most: a ₹500 note, a ₹200 note or a ₹1 coin? (a) 500-rupee note (b) 200-rupee note (c) 1-rupee coin
- 29.There are 12 children in a class. Each child needs one notebook at ₹55. What is the total cost (in ₹)?
- 30.Pooja’s piggy bank has 3 coins of ₹10, 3 coins of ₹2 and 1 coin of ₹1. How many rupees are in it?
- 31.Isha’s class stall spends ₹700 to make 20 paper bookmarks and sells all of them at ₹30 each. What is the loss (in ₹)?
- 32.Riya makes 2 paper bookmarks an hour and sells each one for ₹15. How many rupees can Riya earn from 2 hours of work?
- 33.2 footballs cost ₹650. What does one football cost (in ₹)?
- 34.2 lunch boxes cost ₹520. How much do 4 lunch boxes cost (in ₹)?
- 35.A ruler costs ₹8. Priya pays ₹10. How much change does Priya get (in ₹)?
- 36.A jigsaw puzzle costs ₹38. Diya has ₹5 and ₹5. How many more rupees does Diya need?
- 37.There are 11 children in a class. Each child needs one mango at ₹40. What is the total cost (in ₹)?
- 38.A raincoat costs ₹520. Offer 1: 20% off. Offer 2: ₹240 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 39.Kabir buys a colour pencil set for ₹90 and pays with a ₹100 note. How much change does Kabir get (in ₹)?
- 40.Of a ₹9000 monthly budget, 10% goes on food and 5% on electricity. The rest is saved. What percent is saved?
Answer key
- 160
- 50
- Debit
- vegetables
- a raincoat
- 5
- 1900
- 4
- 75
- 11000
- 240
- 148
- 400
- 30
- a video game
- 217
- 21
- Want
- 200
- 99
- 46
- 3200
- 91
- 154
- 125
- 14 rupees
- 135
- 500-rupee note
- 660
- 37
- 100
- 60
- 325
- 1040
- 2
- 28
- 440
- Offer 2
- 10
- 85
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids