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.Count up to find the change from ₹50: ₹5 + ₹? = ₹50
- 2.2 pairs of socks cost ₹150. What does one pair of socks cost (in ₹)?
- 3.Aarav’s mother has ₹2300 in her bank account. She pays ₹80 for a gas cylinder and ₹210 for bread by UPI. How many rupees are left in the account?
- 4.Diya buys a samosa (₹20), a pair of socks (₹65), a cricket ball (₹145) and a T-shirt (₹335). What is the total (in ₹)?
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5.Tara’s passbook:
Opening balance: ₹2300
Debit: ₹500
Credit: ₹300
Debit: ₹250
Debit: ₹450
What is the closing balance (in ₹)? - 6.₹14 + ₹46 =
- 7.Meera’s mother scans a shop’s QR code to pay ₹500. What should she check before she pays? (a) The name of the shop (b) Nothing, just pay (c) The colour of the code
- 8.Which is worth the least: a ₹10 note, a ₹100 note or a ₹1 coin? (a) 10-rupee note (b) 100-rupee note (c) 1-rupee coin
- 9.Lakshmi had ₹73. Lakshmi spent ₹25 on a juice box. How many rupees are left?
- 10.Ananya has 8 notes of ₹20. Rohan has 5 coins of ₹2. Who has more money? (a) Rohan (b) Ananya
- 11.One paper clip costs ₹3.50. How many rupees do 4 paper clips cost? =
- 12.Kabir has 4 notes of ₹100 and 5 notes of ₹20. How many rupees does Kabir have?
- 13.₹7 − ₹2.50 =
- 14.A banana costs ₹8. Sneha pays ₹10. How much change does Sneha get (in ₹)?
- 15.Kavya is making a shopping list. Which of these is a need? (a) a fancy phone cover (b) bus fare to school (c) designer sunglasses (d) a new party dress
- 16.Of a ₹30000 monthly budget, 20% goes on food and 25% on school fees. The rest is saved. What percent is saved?
- 17.₹20 + ₹? + ₹100 = ₹121
- 18.How many paise are there in ₹12.50?
- 19.₹20 + ₹5 + ₹? = ₹75
- 20.After 20% off, a raincoat costs ₹416. What was the price before the sale (in ₹)?
- 21.Of a ₹35000 monthly budget, 10% goes on food and 20% on electricity. The rest is saved. What percent is saved?
- 22.3 friends run a stall selling friendship bands and make a profit of ₹390. They share it equally. How many rupees does each friend get?
- 23.Kavya gets ₹35 pocket money every week. How many rupees is that in 3 weeks?
- 24.Shop A sells a T-shirt for ₹205 with free delivery. Shop B sells it for ₹245 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
- 25.Lakshmi is making a shopping list. Which of these is a want? (a) medicine when ill (b) soap (c) a toy robot (d) milk
- 26.Which coins and notes make exactly ₹72? (a) 50 + 20 + 5 (b) 50 + 20 + 2 (c) 50 + 2 + 1
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27.Meera’s shop bill:
4 notebooks at ₹50 each
1 pen at ₹21
4 footballs at ₹250 each
What is the total bill (in ₹)? - 28.Saanvi has 2 notes of ₹10. How many rupees does Saanvi have?
- 29.How many notes of ₹20 make ₹160?
- 30.A 1 kg bag of potatoes costs ₹31. A 2 kg bag costs ₹40. Which bag is cheaper per kg? (a) 2 kg bag (b) 1 kg bag
- 31.A family plans ₹35000 for the month. 10% of it is for electricity. How many rupees is that?
- 32.How many ₹1 coins make a ₹5 coin?
- 33.Diya has one ₹200 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 34.What is the smallest number of coins and notes that make ₹81?
- 35.Ishaan’s piggy bank has 1 coin of ₹20, 2 coins of ₹10 and 1 coin of ₹5. How many rupees are in it?
- 36.One water bottle costs ₹155. How much do 4 water bottles cost (in ₹)?
- 37.Saanvi has 3 notes of ₹20. How many rupees does Saanvi have?
- 38.Of a ₹28000 monthly budget, 20% goes on electricity and 10% on clothes. The rest is saved. What percent is saved?
- 39.Nisha had ₹17. Nisha spent ₹12 on a samosa. How many rupees are left?
- 40.A ruler costs ₹8. Dev pays ₹10. How much change does Dev get (in ₹)?
Answer key
- 45
- 75
- 2010
- 565
- 1400
- 60
- The name of the shop
- 1-rupee coin
- 48
- Ananya
- 14
- 500
- 4.5
- 2
- bus fare to school
- 55
- 1
- 1250
- 50
- 520
- 70
- 130
- 105
- 110
- a toy robot
- 50 + 20 + 2
- 1221
- 20
- 8
- 2 kg bag
- 3500
- 5
- Note
- 4
- 45
- 620
- 60
- 70
- 5
- 2
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids