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.The bill for 4 water bottles and a geometry box is ₹720. A water bottle costs ₹150. What does the geometry box cost (in ₹)?
- 2.Which is the same money as one ₹50 note? (a) six 10-rupee notes (b) three 10-rupee notes (c) five 10-rupee notes
- 3.A day trip costs ₹2960 in all. 8 friends share the cost equally. How much does each friend pay (in ₹)?
- 4.Meera’s mother has ₹1700 in her bank account. She pays ₹120 for bread and ₹350 for milk by UPI. How many rupees are left in the account?
- 5.Karan wants to save ₹360 for an art kit in 18 weeks, the same amount each week. How many rupees must Karan save each week?
- 6.Which is worth the least: a ₹20 note, a ₹2 coin or a ₹10 coin? (a) 10-rupee coin (b) 2-rupee coin (c) 20-rupee note
- 7.Tara wants to save ₹550 for a storybook set in 11 weeks, the same amount each week. How many rupees must Tara save each week?
- 8.Of a ₹47000 monthly budget, 30% goes on clothes and 50% on food. The rest is saved. How many rupees are saved?
- 9.Arjun has ₹1000 for a picnic. Food costs ₹110 and tickets cost ₹950. Is ₹1000 enough? (a) Yes (b) No
- 10.A family plans ₹37000 for the month. 30% of it is for food. How many rupees is that?
- 11.Meera spends ₹590 on things to make 40 paper bookmarks and sells them all at ₹20 each. How many rupees does Meera earn after paying the costs?
- 12.Rohan has 5 coins of ₹10 and 3 coins of ₹20. How many rupees does Rohan have?
- 13.₹78 + ₹21 =
- 14.3 friends run a stall selling cups of lemonade and make a profit of ₹1020. They share it equally. How many rupees does each friend get?
- 15.2 mangoes cost ₹70. How much do 8 mangoes cost (in ₹)?
- 16.Meera’s mother scans a shop’s QR code to pay ₹50000. What should she check before she pays? (a) The name of the shop (b) Nothing, just pay (c) The colour of the code
- 17.A badminton racket costs ₹430 online. Delivery is ₹60 and a coupon takes ₹50 off. What is the final price (in ₹)?
- 18.25 children go on a school trip to the zoo. The bus costs ₹30 for each child and the ticket costs ₹50 for each child. What is the total cost (in ₹)?
- 19.How many coins of ₹10 does Rahul need to make ₹50?
- 20.₹810 − ₹220 =
- 21.A football costs ₹255 online. Delivery is ₹50 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 22.6 water bottles cost ₹1290. What does one water bottle cost (in ₹)?
- 23.How many ₹2 coins make a ₹10 coin?
- 24.Arjun has ₹950. First Arjun pays for needs: socks (₹270) and a school uniform (₹190). How many rupees are left for wants?
- 25.A toffee costs ₹1. Manav pays ₹20. How much change does Manav get (in ₹)?
- 26.Zoya buys a storybook for ₹175 and a geometry box for ₹135, and pays with a ₹500 note. How much change does Zoya get (in ₹)?
- 27.Which coins and notes make exactly ₹57? (a) 50 + 2 + 1 (b) 50 + 5 + 2 (c) 50 + 20 + 5
- 28.For Gurpreet, is “a new party dress” a need or a want? (a) Want (b) Need
- 29.Which is worth more: a ₹2 coin or a ₹100 note? (a) 2-rupee coin (b) 100-rupee note
- 30.Isha has 4 notes of ₹50. Priya has 3 notes of ₹100. Who has less money? (a) Priya (b) Isha
- 31.Meera saves ₹60 every week for 7 weeks, then buys a storybook set for ₹120. How many rupees are left?
- 32.Of a ₹31000 monthly budget, 10% goes on electricity and 50% on school fees. The rest is saved. What percent is saved?
- 33.Dev keeps ₹1400 in a bank. After 5 years the simple interest is ₹420. What is the rate of interest per year (in %)?
- 34.Kabir buys 2 samosas at ₹18 each and pays ₹50. How much change does Kabir get (in ₹)?
- 35.Gurpreet makes 2 friendship bands an hour and sells each one for ₹25. How many rupees can Gurpreet earn from 2 hours of work?
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36.Aarav’s shop bill:
2 samosas at ₹17 each
2 cricket balls at ₹150 each
1 school bag at ₹605
What is the total bill (in ₹)? -
37.Joseph’s passbook:
Opening balance: ₹4200
Credit: ₹450
Credit: ₹100
Debit: ₹100
Credit: ₹500
What is the closing balance (in ₹)? - 38.The bill for 3 T-shirts and a colour pencil set is ₹860. A T-shirt costs ₹255. What does the colour pencil set cost (in ₹)?
- 39.Of a ₹7000 monthly budget, 10% goes on rent and 30% on clothes. The rest is saved. How many rupees are saved?
- 40.Manav gets ₹26 every day. How many rupees is that in one week (7 days)?
Answer key
- 120
- five 10-rupee notes
- 370
- 1230
- 20
- 2-rupee coin
- 50
- 9400
- No
- 11100
- 210
- 110
- 99
- 340
- 280
- The name of the shop
- 440
- 2000
- 5
- 590
- 295
- 215
- 5
- 490
- 19
- 190
- 50 + 5 + 2
- Want
- 100-rupee note
- Isha
- 300
- 40
- 6
- 14
- 100
- 939
- 5150
- 95
- 4200
- 182
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids