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.Kabir’s class stall spends ₹105 to make 17 plates of bhel and sells all of them at ₹5 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
- 2.₹49 − ₹9 =
- 3.Rohan has 3 coins of ₹20 and 4 coins of ₹5. How many rupees does Rohan have?
- 4.Pooja has 1 note of ₹500 and 1 note of ₹10. How many rupees does Pooja have?
- 5.A hair clip costs ₹3.50. Dev pays ₹20. How much change does Dev get, in rupees? =
- 6.Rohan spends ₹50 of ₹200 pocket money on books. What percent is that?
- 7.A family plans ₹19000 for the month. 5% of it is for rent. How many rupees is that?
- 8.A raincoat costs ₹360. The shop gives 20% off. What is the sale price (in ₹)?
- 9.8 school bags cost ₹6240. What does one school bag cost (in ₹)?
- 10.3 friends run a stall selling friendship bands and make a profit of ₹1350. They share it equally. How many rupees does each friend get?
- 11.Arjun gets ₹200 interest from the bank. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 12.Vivaan buys 2 storybooks at ₹160 each and pays with a ₹500 note. How much change does Vivaan get (in ₹)?
- 13.Diya saves ₹70 every week for 5 weeks, then buys a bicycle for ₹160. How many rupees are left?
-
14.Rohan’s passbook:
Opening balance: ₹4900
Debit: ₹450
Credit: ₹450
Credit: ₹150
Debit: ₹300
What is the total of all the credits (in ₹)? - 15.Arjun has ₹240 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Arjun can buy?
- 16.Kavya has 3 coins of ₹10. How many rupees does Kavya have?
- 17.₹5 + ₹? + ₹50 = ₹57
- 18.Count up to find the change from ₹50: ₹4 + ₹? = ₹50
- 19.Which is worth the least: a ₹500 note, a ₹100 note or a ₹5 coin? (a) 5-rupee coin (b) 500-rupee note (c) 100-rupee note
- 20.A toy train costs ₹800. The shop gives 10% off. What is the sale price (in ₹)?
- 21.Arjun is making a shopping list. Which of these is a want? (a) a raincoat (b) milk (c) toothpaste (d) a toy robot
- 22.₹45 + ₹53 =
- 23.What is the smallest number of coins and notes that make ₹137?
- 24.Rahul is making a shopping list. Which of these is a want? (a) rice and dal (b) sweets every day (c) school shoes (d) a warm blanket
- 25.A paint box costs ₹57. Kavya has ₹5 and ₹2. How many more rupees does Kavya need?
-
26.Gurpreet’s passbook:
Opening balance: ₹3700
Credit: ₹500
Debit: ₹500
Debit: ₹350
Credit: ₹200
What is the closing balance (in ₹)? -
27.Price list: ruler ₹13, glue stick ₹24, balloon ₹5, notebook ₹45.
How many rupees more does a notebook cost than a ruler? - 28.Pooja has 6 notes of ₹100. Nisha has 9 coins of ₹5. Who has more money? (a) Pooja (b) Nisha
- 29.Kavya sells 31 cupcakes at ₹20 each. How many rupees does Kavya get?
- 30.₹440 − ₹290 =
-
31.Saanvi’s shop bill:
3 pens at ₹20 each
1 pair of socks at ₹70
2 notebooks at ₹50 each
What is the total bill (in ₹)? - 32.Dev has ₹490 for return gifts. Each gift costs ₹40. What is the greatest number of gifts Dev can buy?
-
33.Price list: pencil ₹8, ice candy ₹9, juice box ₹20, samosa ₹18.
Meera has ₹10 and buys an ice candy. How many rupees are left? - 34.6 water bottles cost ₹870. What does one water bottle cost (in ₹)?
- 35.Zoya has 6 coins of ₹5. Aditya has 7 coins of ₹2. How many more rupees does Zoya have?
- 36.Shop A sells 3 colour pencil sets for ₹180. Shop B sells 4 colour pencil sets for ₹420. What does one colour pencil set cost at the cheaper shop (in ₹)?
- 37.How many notes of ₹20 make ₹120?
- 38.Pooja is making a shopping list. Which of these is a want? (a) a schoolbag (b) a warm blanket (c) extra comic books (d) vegetables
- 39.Lakshmi has 3 coins of ₹20. How many rupees does Lakshmi have?
- 40.Aditya is making a shopping list. Which of these is a want? (a) a schoolbag (b) milk (c) bus fare to school (d) designer sunglasses
Answer key
- Loss
- 40
- 80
- 510
- 16.5
- 25
- 950
- 288
- 780
- 450
- Credit
- 180
- 190
- 600
- 4
- 30
- 2
- 46
- 5-rupee coin
- 720
- a toy robot
- 98
- 5
- sweets every day
- 50
- 3550
- 32
- Pooja
- 620
- 150
- 230
- 12
- 1
- 145
- 16
- 60
- 6
- extra comic books
- 60
- designer sunglasses
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids