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.Which is the smallest amount: ₹86, ₹66 or ₹49? (a) 86 rupees (b) 66 rupees (c) 49 rupees
- 2.₹8 + ₹36 + ₹16 =
- 3.₹18 + ₹24 + ₹7 =
- 4.Meera has 5 notes of ₹50 and 4 notes of ₹20. How many rupees does Meera have?
- 5.4 pens cost ₹64. How much do 3 pens cost (in ₹)?
- 6.₹47 − ₹10 =
- 7.One tiny sticker costs 50 paise. How many rupees do 7 tiny stickers cost? =
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8.Meera’s passbook:
Opening balance: ₹4800
Credit: ₹200
Debit: ₹200
Credit: ₹200
Debit: ₹450
What is the total of all the credits (in ₹)? - 9.Which is the same money as one ₹20 note? (a) four 5-rupee coins (b) three 5-rupee coins (c) five 5-rupee coins
- 10.How many paise are there in ₹12?
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11.Gurpreet’s shop bill:
3 T-shirts at ₹270 each
2 notebooks at ₹55 each
1 plate of idli at ₹50
What is the total bill (in ₹)? - 12.Karan had ₹98. Karan spent ₹45 on a crayon box. How many rupees are left?
- 13.Kavya buys 6 mangoes at ₹40 each and pays with a ₹500 note. How much change does Kavya get (in ₹)?
- 14.Manav keeps ₹500 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
- 15.Arjun has ₹20. A kite costs ₹24. Does Arjun have enough money to buy it? (a) Yes (b) No
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16.Kabir’s passbook:
Opening balance: ₹3900
Credit (money in): ₹750
Debit (money out): ₹?
Closing balance: ₹2400
How many rupees was the debit? - 17.Ishaan spends ₹150 on things to make 13 cups of lemonade and sells them all at ₹20 each. How many rupees does Ishaan earn after paying the costs?
- 18.A day trip costs ₹1320 in all. 6 friends share the cost equally. How much does each friend pay (in ₹)?
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19.Ananya’s shop bill:
1 T-shirt at ₹365
2 storybooks at ₹200 each
2 lunch boxes at ₹255 each
What is the total bill (in ₹)? - 20.How many pairs of socks can you buy with ₹150 if one costs ₹50?
- 21.₹300 + ₹150 =
- 22.Which is the same money as one ₹100 note? (a) four 50-rupee notes (b) six 50-rupee notes (c) two 50-rupee notes
- 23.One kite costs ₹16. A pack of 3 kites costs ₹44. How many rupees do you save by buying the pack instead of 3 single ones?
- 24.Gurpreet has 2 notes of ₹100, 1 note of ₹20 and 3 coins of ₹1. How many rupees does Gurpreet have?
- 25.A skipping rope costs ₹50. Sneha has ₹5 and ₹2. How many more rupees does Sneha need?
- 26.A dozen (12) guavas cost ₹48. What does one cost (in ₹)?
- 27.₹500 earns 3% simple interest per year. In how many years will the interest be ₹15?
- 28.Manav spends ₹360 on things to make 46 cupcakes and sells them all at ₹10 each. How many rupees does Manav earn after paying the costs?
- 29.How many paise are there in ₹10?
- 30.Meera gets ₹90 pocket money every week. How many rupees is that in 2 weeks?
- 31.Zoya’s father is sending ₹10000 to a friend by UPI. What should he check before he pays? (a) Nothing at all (b) Only the phone colour (c) The name and amount
- 32.Zoya had ₹44. Zoya spent ₹1 on a toffee. How many rupees are left?
- 33.Kabir wants to save ₹510 for a cricket bat in 17 weeks, the same amount each week. How many rupees must Kabir save each week?
- 34.Karan has 4 notes of ₹50. How many rupees does Karan have?
- 35.Priya has 1 note of ₹500 and 1 note of ₹50. How many rupees does Priya have?
- 36.Lakshmi gets a link: “Click now to win a phone worth ₹50000!” What should Lakshmi do? (a) Send it to friends (b) Click it to win (c) Ignore it, tell a parent
- 37.Lakshmi buys a lunch box (₹215), a football (₹410), a pen (₹19) and a pair of socks (₹90). What is the total (in ₹)?
- 38.A dozen (12) oranges cost ₹60. What does one cost (in ₹)?
- 39.Karan has ₹220 for return gifts. Each gift costs ₹20. What is the greatest number of gifts Karan can buy?
- 40.Zoya has ₹19 in a piggy bank. Dadi gives Zoya ₹14 more. How many rupees does Zoya have now?
Answer key
- 49 rupees
- 60
- 49
- 330
- 48
- 37
- 3.5
- 400
- four 5-rupee coins
- 1200
- 970
- 53
- 260
- 515
- No
- 2250
- 110
- 220
- 1275
- 3
- 450
- two 50-rupee notes
- 4
- 223
- 43
- 4
- 1
- 100
- 1000
- 180
- The name and amount
- 43
- 30
- 200
- 550
- Ignore it, tell a parent
- 734
- 5
- 11
- 33
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids