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.What is the smallest number of coins and notes that make ₹140?
- 2.Isha has 7 notes of ₹20. How many rupees does Isha have?
- 3.Shop A sells a water bottle for ₹145 with free delivery. Shop B sells it for ₹220 plus ₹80 delivery. How many rupees do you save by buying from the cheaper shop?
- 4.Pooja spends ₹200 to start a stall and sells each greeting card for ₹5. What is the smallest number Pooja must sell to get back the ₹200?
- 5.Which is worth more: a ₹5 coin or a ₹50 note? (a) 5-rupee coin (b) 50-rupee note
- 6.Which is worth the least: a ₹100 note, a ₹200 note or a ₹2 coin? (a) 100-rupee note (b) 200-rupee note (c) 2-rupee coin
- 7.Saanvi has a budget of ₹500 for a birthday party. The cake cost ₹40, the snacks cost ₹70 and the balloons cost ₹110. How many rupees are left?
- 8.Rahul buys a samosa for ₹13 and a pencil for ₹4, and pays ₹50. How much change does Rahul get (in ₹)?
- 9.2 friends run a stall selling plates of bhel and make a profit of ₹700. They share it equally. How many rupees does each friend get?
- 10.Zoya’s piggy bank has 2 coins of ₹10, 3 coins of ₹5 and 3 coins of ₹2. How many rupees are in it?
- 11.How many coins of ₹10 does Diya need to make ₹20?
- 12.₹2 + ₹1 + ₹? = ₹103
- 13.₹600 earns 5% simple interest per year. In how many years will the interest be ₹150?
- 14.For Saanvi, is “sweets every day” a need or a want? (a) Want (b) Need
- 15.Kabir spends ₹280 to start a stall and sells each greeting card for ₹10. What is the smallest number Kabir must sell to get back the ₹280?
- 16.Riya has 6 coins of ₹5 and 5 coins of ₹1. How many rupees does Riya have?
- 17.7 water bottles cost ₹875. What does one water bottle cost (in ₹)?
- 18.Pooja has 2 coins of ₹20 and 4 coins of ₹10. How many rupees does Pooja have?
- 19.Sneha’s class stall spends ₹170 to make 28 cups of lemonade and sells all of them at ₹10 each. What is the profit (in ₹)?
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20.Ishaan’s passbook:
Opening balance: ₹3100
Debit: ₹100
Debit: ₹500
Credit: ₹350
Debit: ₹200
What is the total of all the debits (in ₹)? - 21.Count up to find the change from ₹20: ₹10 + ₹? = ₹20
- 22.What do 2 pens at ₹14 each and 3 mangoes at ₹40 each cost in all (in ₹)?
- 23.For Dev, is “a video game” a need or a want? (a) Want (b) Need
- 24.One colour pencil set costs ₹110. How much do 8 colour pencil sets cost (in ₹)?
- 25.2 footballs cost ₹550. How much do 10 footballs cost (in ₹)?
- 26.Sneha has ₹57 in a piggy bank. Dadi gives Sneha ₹20 more. How many rupees does Sneha have now?
- 27.Tara has one ₹2 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 28.Kavya has ₹800 for a picnic. Food costs ₹130 and tickets cost ₹630. Is ₹800 enough? (a) No (b) Yes
- 29.Priya has a budget of ₹1000 for a birthday party. The return gifts cost ₹100, the juice cost ₹220 and the decorations cost ₹110. How many rupees are left?
- 30.What is the smallest number of coins and notes that make ₹108?
- 31.A 10 kg bag of tomatoes costs ₹380. A 5 kg bag costs ₹135. How many rupees per kg do you save with the cheaper bag?
- 32.Diya’s class stall spends ₹190 to make 20 cups of lemonade and sells all of them at ₹10 each. What is the profit (in ₹)?
- 33.₹470 + ₹210 =
- 34.Diya sells 10 cups of lemonade at ₹5 each. How many rupees does Diya get?
- 35.Which is the smallest amount: ₹17, ₹25 or ₹90? (a) 25 rupees (b) 17 rupees (c) 90 rupees
- 36.Diya’s class stall spends ₹175 to make 25 cups of lemonade and sells all of them at ₹5 each. What is the loss (in ₹)?
- 37.₹42 − ₹10 =
- 38.A football costs ₹560. Offer 1: 20% off. Offer 2: ₹110 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 39.Which is worth more: a ₹100 note or a ₹10 note? (a) 100-rupee note (b) 10-rupee note
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40.Isha’s passbook:
Opening balance: ₹2100
Credit: ₹250
Debit: ₹300
Credit: ₹300
Debit: ₹450
What is the total of all the debits (in ₹)?
Answer key
- 3
- 140
- 155
- 40
- 50-rupee note
- 2-rupee coin
- 280
- 33
- 350
- 41
- 2
- 100
- 5
- Want
- 28
- 35
- 125
- 80
- 110
- 800
- 10
- 148
- Want
- 880
- 2750
- 77
- Coin
- Yes
- 570
- 4
- 11
- 10
- 680
- 50
- 17 rupees
- 50
- 32
- Offer 1
- 100-rupee note
- 750
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids