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.Meera buys a samosa (₹20), a football (₹380), a colour pencil set (₹115) and a school bag (₹485). What is the total (in ₹)?
- 2.Sneha has ₹450. First Sneha pays for needs: school shoes (₹80) and a geometry box (₹70). How many rupees are left for wants?
- 3.How many ₹20 notes make a ₹100 note?
- 4.Priya pays a school fee of ₹400 from the account. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 5.A family plans ₹24000 for the month. 50% of it is for rent. How many rupees is that?
- 6.₹370 − ₹80 =
- 7.Which coins and notes make exactly ₹72? (a) 50 + 20 + 2 (b) 20 + 20 + 2 (c) 20 + 5 + 2
- 8.There are 31 children in a class. Each child needs one notebook at ₹50. What is the total cost (in ₹)?
- 9.Manav buys a mango for ₹25 and a cricket ball for ₹125, and pays with a ₹500 note. How much change does Manav get (in ₹)?
- 10.An eraser costs ₹4. Meera pays ₹10. How much change does Meera get (in ₹)?
- 11.Priya had ₹39. Priya spent ₹11 on a sticker sheet. How many rupees are left?
- 12.Saanvi gets ₹30 a week, spends ₹20 each week and saves the rest. How many rupees has Saanvi saved after 4 weeks?
- 13.A cricket bat costs ₹620. The shop gives 10% off. How many rupees is the discount?
- 14.Manav wants to save ₹480 for a football in 16 weeks, the same amount each week. How many rupees must Manav save each week?
- 15.Shop A sells a water bottle for ₹240 with free delivery. Shop B sells it for ₹210 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 16.Vivaan is making a shopping list. Which of these is a need? (a) a new party dress (b) a glitter pen set (c) a sticker album (d) a raincoat
- 17.Ananya spends ₹350 of ₹700 pocket money on books. What percent is that?
- 18.40 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.A day trip costs ₹900 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
- 20.₹610 − ₹350 =
- 21.200 paise is how many rupees? =
- 22.Gurpreet buys a cricket ball for ₹130 and a notebook for ₹30, and pays with a ₹500 note. How much change does Gurpreet get (in ₹)?
- 23.Aarav has ₹1300. In a piggy bank it stays ₹1300. In a bank at 8% simple interest per year, how many rupees more will Aarav have after 2 years?
- 24.Aditya had ₹7. Aditya spent ₹4 on a banana. How many rupees are left?
- 25.Saanvi gets ₹100 pocket money every month. How many rupees is that in one year (12 months)?
- 26.Tara has one ₹50 piece of money. Is it a coin or a note? (a) Coin (b) Note
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27.Diya’s passbook:
Opening balance: ₹4500
Credit: ₹250
Debit: ₹100
Debit: ₹400
Credit: ₹100
What is the closing balance (in ₹)? - 28.Ananya buys a banana for ₹4 and a glue stick for ₹20, and pays ₹50. How much change does Ananya get (in ₹)?
- 29.Rahul had ₹67. Rahul spent ₹16 on a samosa. How many rupees are left?
- 30.Kavya has 4 notes of ₹200 and 2 notes of ₹20. How many rupees does Kavya have?
- 31.How many cricket balls can you buy with ₹460 if one costs ₹115?
- 32.Lakshmi has 3 notes of ₹200. How many rupees does Lakshmi have?
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33.Price list: biscuit packet ₹20, eraser ₹3, pencil ₹7, kite ₹22.
How much do an eraser and a biscuit packet cost together (in ₹)? - 34.Vivaan has 6 notes of ₹100. How many rupees does Vivaan have?
- 35.A water gun costs ₹44. Sneha has ₹10 and ₹2. How many more rupees does Sneha need?
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36.Joseph’s shop bill:
1 badminton racket at ₹350
1 school bag at ₹565
3 cricket balls at ₹150 each
What is the total bill (in ₹)? - 37.Which coins and notes make exactly ₹121? (a) 100 + 20 + 1 (b) 20 + 2 + 1 (c) 100 + 50 + 20
- 38.For Vivaan, is “drinking water” a need or a want? (a) Need (b) Want
- 39.Farhan keeps ₹1900 in a bank. After 2 years the simple interest is ₹342. What is the rate of interest per year (in %)?
- 40.How many coins of ₹10 does Riya need to make ₹70?
Answer key
- 1000
- 300
- 5
- Debit
- 12000
- 290
- 50 + 20 + 2
- 1550
- 350
- 6
- 28
- 40
- 62
- 30
- 10
- a raincoat
- 50
- 3200
- 450
- 260
- 2
- 340
- 208
- 3
- 1200
- Note
- 4350
- 26
- 51
- 840
- 4
- 600
- 23
- 600
- 32
- 1365
- 100 + 20 + 1
- Need
- 9
- 7
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids