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.Isha’s class stall spends ₹760 to make 34 paper bookmarks and sells all of them at ₹20 each. What is the loss (in ₹)?
- 2.Manav has 1 note of ₹500 and 1 note of ₹50. How many rupees does Manav have?
- 3.Rohan has 4 notes of ₹200 and 2 notes of ₹100. How many rupees does Rohan have?
- 4.Nisha has 6 notes of ₹100. How many rupees does Nisha have?
- 5.Vivaan buys a pair of socks for ₹55 and pays with a ₹100 note. How much change does Vivaan get (in ₹)?
- 6.Count up to find the change from ₹50: ₹27 + ₹? = ₹50
- 7.Which is worth more: a ₹20 coin or a ₹10 note? (a) 20-rupee coin (b) 10-rupee note
- 8.₹140 + ₹390 =
- 9.Vivaan has 5 notes of ₹100. Sneha has 5 notes of ₹10. Who has more money? (a) Sneha (b) Vivaan
- 10.Gurpreet sells 33 plates of bhel at ₹5 each. How many rupees does Gurpreet get?
- 11.Which is the same money as one ₹10 note? (a) six 2-rupee coins (b) two 2-rupee coins (c) five 2-rupee coins
- 12.Dev’s class stall spends ₹80 to make 18 greeting cards and sells all of them at ₹5 each. What is the profit (in ₹)?
- 13.Which is the biggest amount: ₹50, ₹45 or ₹32? (a) 32 rupees (b) 50 rupees (c) 45 rupees
- 14.Riya keeps ₹1300 in a bank. After 3 years the simple interest is ₹312. What is the rate of interest per year (in %)?
- 15.6 storybooks cost ₹1200. How much do 9 storybooks cost (in ₹)?
- 16.A message says Rahul has won ₹50000. It asks for the UPI PIN to send the prize. What is true? (a) Enter the PIN quickly (b) Prizes need your PIN (c) No PIN to receive money
- 17.What do 3 storybooks at ₹95 each and 3 water bottles at ₹140 each cost in all (in ₹)?
- 18.₹2 + ₹12.50 =
- 19.Gurpreet has 3 coins of ₹5. Karan has 8 notes of ₹100. Who has less money? (a) Gurpreet (b) Karan
- 20.₹1700 earns 10% simple interest per year. In how many years will the interest be ₹680?
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21.Tara’s passbook:
Opening balance: ₹4800
Credit (money in): ₹950
Debit (money out): ₹4250
What is the balance now (in ₹)? - 22.Rohan buys a geometry box (₹95), a samosa (₹13), a cricket ball (₹110) and a storybook (₹95). What is the total (in ₹)?
- 23.A toffee costs ₹3. Manav pays ₹10. How much change does Manav get (in ₹)?
- 24.₹18.50 − ₹11.50 =
- 25.Diya has 3 notes of ₹50. How many rupees does Diya have?
- 26.Lakshmi saves ₹70 every week for 10 weeks, then buys a gift for Mum for ₹340. How many rupees are left?
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27.Price list: sticker sheet ₹8, toffee ₹2, ice candy ₹9, sharpener ₹6.
How much do 3 sticker sheets cost (in ₹)? - 28.How many notes of ₹20 make ₹200?
- 29.Lakshmi saves ₹90 every week for 4 weeks, then buys a cricket bat for ₹100. How many rupees are left?
- 30.Which coins and notes make exactly ₹170? (a) 100 + 50 + 20 (b) 100 + 50 + 10 (c) 50 + 20 + 20
- 31.Ananya has ₹300 for return gifts. Each gift costs ₹30. What is the greatest number of gifts Ananya can buy?
- 32.Joseph got ₹325 in 5 weeks, the same amount every week. How many rupees is that each week?
- 33.Of a ₹21000 monthly budget, 40% goes on food and 30% on school fees. The rest is saved. How many rupees are saved?
- 34.Manav’s piggy bank has 5 coins of ₹20, 3 coins of ₹5 and 2 coins of ₹2. How many rupees are in it?
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35.Ishaan’s passbook:
Opening balance: ₹3800
Credit: ₹350
Credit: ₹150
Credit: ₹500
Debit: ₹100
What is the closing balance (in ₹)? - 36.Manav gets ₹7 every day. How many rupees is that in one week (7 days)?
- 37.An eraser costs ₹3. Zoya pays ₹10. How much change does Zoya get (in ₹)?
- 38.A raincoat costs ₹340. The shop gives 50% off. How many rupees is the discount?
- 39.Which is worth more: a ₹100 note or a ₹10 note? (a) 10-rupee note (b) 100-rupee note
- 40.Kavya keeps ₹1400 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
Answer key
- 80
- 550
- 1000
- 600
- 45
- 23
- 20-rupee coin
- 530
- Vivaan
- 165
- five 2-rupee coins
- 10
- 50 rupees
- 8
- 1800
- No PIN to receive money
- 705
- 14.5
- Gurpreet
- 4
- 1500
- 313
- 7
- 7
- 150
- 360
- 24
- 10
- 260
- 100 + 50 + 20
- 10
- 65
- 6300
- 119
- 4700
- 49
- 7
- 170
- 100-rupee note
- 126
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids