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.Dev has 5 coins of ₹2 and 5 coins of ₹5. How many rupees does Dev have?
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2.Gurpreet’s passbook:
Opening balance: ₹3800
Credit (money in): ₹600
Debit (money out): ₹?
Closing balance: ₹2500
How many rupees was the debit? - 3.Which coins and notes make exactly ₹65? (a) 100 + 50 + 10 (b) 50 + 10 + 5 (c) 50 + 50 + 5
- 4.Of a ₹48000 monthly budget, 10% goes on food and 5% on rent. The rest is saved. How many rupees are saved?
- 5.Aarav is making a shopping list. Which of these is a want? (a) a school uniform (b) rice and dal (c) a video game (d) vegetables
- 6.Kabir is making a shopping list. Which of these is a want? (a) toothpaste (b) a sticker album (c) a schoolbag (d) soap
- 7.Tara keeps ₹1200 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 4 years?
- 8.Which is the biggest amount: ₹17, ₹24 or ₹63? (a) 63 rupees (b) 17 rupees (c) 24 rupees
- 9.Meera sells 41 friendship bands at ₹20 each. How many rupees does Meera get?
- 10.One crayon box costs ₹35. A pack of 3 crayon boxes costs ₹101. How many rupees do you save by buying the pack instead of 3 single ones?
- 11.How many notes of ₹10 make ₹80?
- 12.Aditya spends ₹75 of ₹300 pocket money on books. What percent is that?
- 13.Arjun has 4 notes of ₹200, 3 notes of ₹20 and 1 coin of ₹1. How many rupees does Arjun have?
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14.Arjun’s shop bill:
2 footballs at ₹285 each
4 pens at ₹25 each
4 mangoes at ₹40 each
What is the total bill (in ₹)? - 15.Tara gets ₹100 pocket money every month. How many rupees is that in one year (12 months)?
- 16.Dev is making a shopping list. Which of these is a need? (a) a fancy phone cover (b) soap (c) a third cricket bat (d) extra comic books
- 17.Riya’s class stall spends ₹450 to make 30 plates of bhel and sells all of them at ₹15 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 18.Aditya gets ₹60 pocket money every week. How many rupees is that in 5 weeks?
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19.Aarav’s passbook:
Opening balance: ₹1500
Credit (money in): ₹350
Debit (money out): ₹1800
What is the balance now (in ₹)? - 20.A T-shirt costs ₹345 online. Delivery is ₹40 and a coupon takes ₹40 off. What is the final price (in ₹)?
- 21.Rahul spends ₹80 to start a stall and sells each cupcake for ₹5. What is the smallest number Rahul must sell to get back the ₹80?
- 22.One ruler costs ₹11. A pack of 3 rulers costs ₹32. How many rupees do you save by buying the pack instead of 3 single ones?
- 23.Pooja has ₹300 for a picnic. Food costs ₹100 and tickets cost ₹110. Is ₹300 enough? (a) Yes (b) No
- 24.Diya buys a geometry box (₹110), a colour pencil set (₹100), a lunch box (₹280) and a water bottle (₹160). What is the total (in ₹)?
- 25.One small sweet costs ₹1.50. How many rupees do 4 small sweets cost? =
- 26.1300 paise is how many rupees? =
- 27.Meera pays a bill of ₹450 by UPI. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
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28.Nisha’s passbook:
Opening balance: ₹3400
Credit: ₹500
Credit: ₹250
Debit: ₹50
Debit: ₹150
What is the closing balance (in ₹)? - 29.A lunch box costs ₹270 online. Delivery is ₹50 and a coupon takes ₹40 off. What is the final price (in ₹)?
- 30.Kavya buys a balloon for ₹10 and an eraser for ₹2, and pays ₹50. How much change does Kavya get (in ₹)?
- 31.A ruler costs ₹8. Joseph pays ₹10. How much change does Joseph get (in ₹)?
- 32.Rohan has 10 coins of ₹5. How many rupees does Rohan have?
- 33.Riya wants a wristwatch that costs ₹750. Riya saves ₹50 every week. How many weeks will it take?
- 34.Arjun spends ₹90 to start a stall and sells each greeting card for ₹10. What is the smallest number Arjun must sell to get back the ₹90?
- 35.The bill for a football and a geometry box is ₹580. A football costs ₹445. What does the geometry box cost (in ₹)?
- 36.Which is the smallest amount: ₹13, ₹88 or ₹94? (a) 13 rupees (b) 88 rupees (c) 94 rupees
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37.Price list: sharpener ₹4, toffee ₹3, glue stick ₹22, sticker sheet ₹11.
How much do 2 toffees cost (in ₹)? - 38.Meera’s piggy bank has 1 coin of ₹20, 4 coins of ₹10 and 5 coins of ₹1. How many rupees are in it?
- 39.A 2 kg bag of sugar costs ₹96. A 5 kg bag costs ₹225. How many rupees per kg do you save with the cheaper bag?
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40.Nisha’s shop bill:
3 notebooks at ₹55 each
3 cricket balls at ₹100 each
4 samosas at ₹12 each
What is the total bill (in ₹)?
Answer key
- 35
- 1900
- 50 + 10 + 5
- 40800
- a video game
- a sticker album
- 384
- 63 rupees
- 820
- 4
- 8
- 25
- 861
- 830
- 1200
- soap
- No profit, no loss
- 300
- 50
- 345
- 16
- 1
- Yes
- 650
- 6
- 13
- Debit
- 3950
- 280
- 38
- 2
- 50
- 15
- 9
- 135
- 13 rupees
- 6
- 65
- 3
- 513
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids