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.Rahul gets ₹70 a week, spends ₹40 each week and saves the rest. How many rupees has Rahul saved after 2 weeks?
- 2.Isha buys 2 pairs of socks at ₹80 each and pays with a ₹500 note. How much change does Isha get (in ₹)?
- 3.₹2 + ₹50 + ₹? = ₹57
- 4.Shop A sells 4 pens for ₹44. Shop B sells 3 pens for ₹72. What does one pen cost at the cheaper shop (in ₹)?
- 5.Shop A sells a lunch box for ₹270 with free delivery. Shop B sells it for ₹245 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 6.Which is worth more: a ₹500 note or a ₹2 coin? (a) 2-rupee coin (b) 500-rupee note
- 7.How many colour pencil sets can you buy with ₹650 if one costs ₹65?
- 8.Karan has 2 notes of ₹10. How many rupees does Karan have?
- 9.A pair of shoes costs ₹360. Offer 1: 50% off. Offer 2: ₹170 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 10.What do 4 mangoes at ₹20 each and 3 lunch boxes at ₹235 each cost in all (in ₹)?
- 11.Karan spends ₹70 to start a stall and sells each clay diya for ₹5. What is the smallest number Karan must sell to get back the ₹70?
- 12.A school bag costs ₹780. The shop gives 25% off. How many rupees is the discount?
- 13.Farhan has 4 notes of ₹100. How many rupees does Farhan have?
- 14.Which is worth more: a ₹50 note or a ₹1 coin? (a) 50-rupee note (b) 1-rupee coin
- 15.Diya has a budget of ₹2000 for a birthday party. The snacks cost ₹140, the balloons cost ₹400 and the cake cost ₹270. How many rupees are left?
- 16.600 paise is how many rupees? =
- 17.Farhan’s mother scans a shop’s QR code to pay ₹5000. What should she check before she pays? (a) The name of the shop (b) Nothing, just pay (c) The colour of the code
- 18.For Gurpreet, is “designer sunglasses” a need or a want? (a) Need (b) Want
- 19.Kabir buys a sharpener for ₹7 and an ice candy for ₹8. How many rupees does Kabir spend in all?
- 20.Which is worth more: a ₹10 note or a ₹200 note? (a) 200-rupee note (b) 10-rupee note
- 21.Farhan buys a geometry box (₹135), a T-shirt (₹365), a cricket ball (₹120) and a storybook (₹175). What is the total (in ₹)?
- 22.Rohan spends ₹80 on things to make 11 paper bookmarks and sells them all at ₹15 each. How many rupees does Rohan earn after paying the costs?
- 23.Nisha saves ₹80 every week for 11 weeks, then buys a gift for Mum for ₹650. How many rupees are left?
- 24.Which coins and notes make exactly ₹75? (a) 100 + 50 + 20 (b) 50 + 20 + 5 (c) 50 + 5 + 2
-
25.Arjun’s passbook:
Opening balance: ₹2500
Debit: ₹450
Credit: ₹100
Credit: ₹100
Credit: ₹250
What is the closing balance (in ₹)? - 26.Saanvi has 4 notes of ₹200. How many rupees does Saanvi have?
- 27.Aditya buys a samosa for ₹14 and a kite for ₹11, and pays ₹50. How much change does Aditya get (in ₹)?
- 28.Which coins and notes make exactly ₹71? (a) 20 + 2 + 1 (b) 50 + 20 + 1 (c) 20 + 20 + 1
- 29.₹27 + ₹32 + ₹40 =
- 30.Vivaan has a budget of ₹1500 for a birthday party. The juice cost ₹220, the return gifts cost ₹110 and the cake cost ₹240. How many rupees are left?
- 31.Manav buys a T-shirt (₹390), a mango (₹35), a geometry box (₹95) and a plate of idli (₹55). What is the total (in ₹)?
- 32.Sneha spends ₹230 to start a stall and sells each cup of lemonade for ₹25. What is the smallest number Sneha must sell to get back the ₹230?
- 33.A dozen (12) oranges cost ₹120. What does one cost (in ₹)?
- 34.₹540 − ₹510 =
- 35.A stall pays ₹2 for each cupcake and sells each one for ₹8. It sells 14 cupcakes. What is the total profit (in ₹)?
- 36.Which is the biggest amount: ₹52, ₹84 or ₹41? (a) 41 rupees (b) 52 rupees (c) 84 rupees
-
37.Isha’s passbook:
Opening balance: ₹2400
Credit (money in): ₹650
Debit (money out): ₹?
Closing balance: ₹2900
How many rupees was the debit? - 38.₹1.50 + ₹16 =
- 39.Shop A sells 4 notebooks for ₹120. Shop B sells 3 notebooks for ₹135. Which shop is cheaper for one notebook? (a) Shop A (b) Shop B
- 40.Saanvi spends ₹620 on things to make 45 plates of bhel and sells them all at ₹15 each. How many rupees does Saanvi earn after paying the costs?
Answer key
- 60
- 340
- 5
- 11
- Shop A
- 500-rupee note
- 10
- 20
- Offer 1
- 785
- 14
- 195
- 400
- 50-rupee note
- 1190
- 6
- The name of the shop
- Want
- 15
- 200-rupee note
- 795
- 85
- 230
- 50 + 20 + 5
- 2500
- 800
- 25
- 50 + 20 + 1
- 99
- 930
- 575
- 10
- 10
- 30
- 84
- 84 rupees
- 150
- 17.5
- Shop A
- 55
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids