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.Shop A sells 3 plates of idli for ₹90. Shop B sells 4 plates of idli for ₹240. What does one plate of idli cost at the cheaper shop (in ₹)?
- 2.₹60 + ₹240 =
- 3.For Zoya, is “toothpaste” a need or a want? (a) Need (b) Want
- 4.Shop A sells a water bottle for ₹235 with free delivery. Shop B sells it for ₹175 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 5.A pencil box costs ₹18.50. Rohan pays ₹50. How much change does Rohan get, in rupees? =
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6.Price list: kite ₹17, notebook ₹45, samosa ₹10, sticker sheet ₹11.
Which item costs the least? (a) kite (b) sticker sheet (c) samosa (d) notebook -
7.Price list: juice box ₹20, eraser ₹2, glue stick ₹16, balloon ₹9.
How much do a balloon and a juice box cost together (in ₹)? - 8.₹390 − ₹110 =
- 9.Arjun’s class stall spends ₹450 to make 24 cups of lemonade and sells all of them at ₹20 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 10.One glue stick costs ₹16. A pack of 3 glue sticks costs ₹47. How many rupees do you save by buying the pack instead of 3 single ones?
- 11.Which is the biggest amount: ₹78, ₹17 or ₹66? (a) 17 rupees (b) 78 rupees (c) 66 rupees
- 12.Which is worth the most: a ₹10 note, a ₹50 note or a ₹2 coin? (a) 10-rupee note (b) 2-rupee coin (c) 50-rupee note
- 13.Which is the same money as one ₹10 note? (a) two 5-rupee coins (b) four 5-rupee coins (c) three 5-rupee coins
- 14.Isha has 4 coins of ₹20. How many rupees does Isha have?
- 15.A study lamp costs ₹180. The shop gives 25% off. How many rupees is the discount?
- 16.Arjun’s class stall spends ₹630 to make 27 greeting cards and sells all of them at ₹20 each. What is the loss (in ₹)?
- 17.Rohan has 9 notes of ₹20. Ananya has 7 notes of ₹100. Who has less money? (a) Rohan (b) Ananya
- 18.Farhan gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Farhan do? (a) Read the OTP out (b) Send it by message (c) Never share the OTP
- 19.Count up to find the change from ₹20: ₹10 + ₹? = ₹20
- 20.How many paise are there in ₹17?
- 21.₹21 − ₹16.50 =
- 22.Vivaan wants a storybook set that costs ₹490. Vivaan saves ₹70 every week. How many weeks will it take?
- 23.₹350 − ₹30 =
- 24.One eraser costs ₹5. A pack of 3 erasers costs ₹12. How many rupees do you save by buying the pack instead of 3 single ones?
- 25.₹37 − ₹9 =
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26.Kavya’s passbook:
Opening balance: ₹2100
Credit (money in): ₹950
Debit (money out): ₹1450
What is the balance now (in ₹)? - 27.What is the smallest number of coins and notes that make ₹136?
- 28.Saanvi has ₹3. A banana costs ₹8. Does Saanvi have enough money to buy it? (a) No (b) Yes
- 29.Shop A sells 5 geometry boxes for ₹450. Shop B sells 2 geometry boxes for ₹220. What does one geometry box cost at the cheaper shop (in ₹)?
- 30.Tara sees that ₹2000 was sent to a wrong number by mistake. What should Tara do first? (a) Pay again to fix it (b) Keep it a secret (c) Tell a parent at once
- 31.Saanvi sees that ₹10000 was sent to a wrong number by mistake. What should Saanvi do first? (a) Tell a parent at once (b) Keep it a secret (c) Pay again to fix it
- 32.How many notes of ₹20 make ₹100?
- 33.Which is the smallest amount: ₹69, ₹11 or ₹14? (a) 14 rupees (b) 11 rupees (c) 69 rupees
- 34.4 pairs of socks cost ₹200. What does one pair of socks cost (in ₹)?
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35.Nisha’s shop bill:
1 school bag at ₹555
2 mangoes at ₹20 each
3 notebooks at ₹30 each
What is the total bill (in ₹)? - 36.Which is worth the least: a ₹50 note, a ₹10 coin or a ₹5 coin? (a) 5-rupee coin (b) 50-rupee note (c) 10-rupee coin
- 37.Zoya’s father is sending ₹50000 to a friend by UPI. What should he check before he pays? (a) The name and amount (b) Nothing at all (c) Only the phone colour
- 38.Isha has a budget of ₹500 for a birthday party. The return gifts cost ₹110, the juice cost ₹100 and the cake cost ₹100. How many rupees are left?
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39.Price list: ruler ₹12, eraser ₹3, glue stick ₹15, balloon ₹7.
How much do a ruler and an eraser cost together (in ₹)? - 40.A sticker sheet costs ₹7. Priya pays ₹10. How much change does Priya get (in ₹)?
Answer key
- 30
- 300
- Need
- Shop B
- 31.5
- samosa
- 29
- 280
- Profit
- 1
- 78 rupees
- 50-rupee note
- two 5-rupee coins
- 80
- 45
- 90
- Rohan
- Never share the OTP
- 10
- 1700
- 4.5
- 7
- 320
- 3
- 28
- 1600
- 5
- No
- 90
- Tell a parent at once
- Tell a parent at once
- 5
- 11 rupees
- 50
- 685
- 5-rupee coin
- The name and amount
- 190
- 15
- 3
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids