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
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1.Ishaan’s passbook:
Opening balance: ₹3900
Credit (money in): ₹450
Debit (money out): ₹?
Closing balance: ₹600
How many rupees was the debit? - 2.One biscuit packet costs ₹12. A pack of 3 biscuit packets costs ₹34. How many rupees do you save by buying the pack instead of 3 single ones?
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3.Price list: balloon ₹5, notebook ₹25, juice box ₹30, kite ₹15.
How much do 5 notebooks cost (in ₹)? -
4.Nisha’s passbook:
Opening balance: ₹1200
Credit (money in): ₹150
Debit (money out): ₹300
What is the balance now (in ₹)? - 5.₹91 − ₹20 =
- 6.Rohan has ₹7. A balloon costs ₹9. Does Rohan have enough money to buy it? (a) Yes (b) No
- 7.Pooja’s father is sending ₹2000 to a friend by UPI. What should he check before he pays? (a) Only the phone colour (b) Nothing at all (c) The name and amount
- 8.An eraser costs ₹4 and a notebook costs ₹40. How many rupees more does the notebook cost?
- 9.A toffee costs ₹1 and an eraser costs ₹4. How many rupees more does the eraser cost?
- 10.Farhan buys a notebook for ₹35 and a kite for ₹14, and pays ₹50. How much change does Farhan get (in ₹)?
- 11.Tara has 1 note of ₹50, 4 notes of ₹10 and 1 coin of ₹5. How many rupees does Tara have?
- 12.Diya buys a colour pencil set for ₹70 and pays with a ₹100 note. How much change does Diya get (in ₹)?
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13.Price list: kite ₹13, glue stick ₹25, toffee ₹2, notebook ₹40.
How much do 4 glue sticks cost (in ₹)? - 14.One ruler costs ₹9. A pack of 3 rulers costs ₹23. How many rupees do you save by buying the pack instead of 3 single ones?
- 15.Which is worth more: a ₹1 coin or a ₹10 note? (a) 1-rupee coin (b) 10-rupee note
- 16.Gurpreet’s class stall spends ₹330 to make 39 cupcakes and sells all of them at ₹15 each. What is the profit (in ₹)?
- 17.Which is the smallest amount: ₹77, ₹27 or ₹90? (a) 27 rupees (b) 90 rupees (c) 77 rupees
- 18.Nisha’s mother has ₹1900 in her bank account. She pays ₹120 for school books and ₹320 for medicines by UPI. How many rupees are left in the account?
- 19.Of a ₹46000 monthly budget, 20% goes on food and 30% on clothes. The rest is saved. What percent is saved?
- 20.Manav sees that ₹25000 was sent to a wrong number by mistake. What should Manav do first? (a) Pay again to fix it (b) Tell a parent at once (c) Keep it a secret
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21.Pooja’s passbook:
Opening balance: ₹1000
Credit (money in): ₹500
Debit (money out): ₹?
Closing balance: ₹600
How many rupees was the debit? - 22.How many ₹5 coins make a ₹10 note?
- 23.Ananya wants to save ₹1000 for a wristwatch in 10 weeks, the same amount each week. How many rupees must Ananya save each week?
- 24.Aarav has 2 coins of ₹20. How many rupees does Aarav have?
- 25.Sneha has 3 notes of ₹20. Kabir has 6 coins of ₹1. How many more rupees does Sneha have?
- 26.The bill for a lunch box and a water bottle is ₹400. A lunch box costs ₹260. What does the water bottle cost (in ₹)?
- 27.The bill for 2 water bottles and a geometry box is ₹570. A water bottle costs ₹245. What does the geometry box cost (in ₹)?
- 28.The bill for 2 pairs of socks and a colour pencil set is ₹285. A pair of socks costs ₹85. What does the colour pencil set cost (in ₹)?
- 29.Kabir has 5 coins of ₹2. Aarav has 6 coins of ₹1. Who has more money? (a) Kabir (b) Aarav
- 30.Count up to find the change from ₹100: ₹36 + ₹? = ₹100
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31.Diya’s passbook:
Opening balance: ₹4600
Debit: ₹500
Debit: ₹100
Credit: ₹100
Debit: ₹350
What is the total of all the debits (in ₹)? - 32.What is the smallest number of coins and notes that make ₹108?
- 33.Riya’s mother has ₹2100 in her bank account. She pays ₹320 for a gas cylinder and ₹300 for bread by UPI. How many rupees are left in the account?
- 34.Shop A sells a badminton racket for ₹505 with free delivery. Shop B sells it for ₹510 plus ₹40 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 35.Nisha gets ₹24 every day. How many rupees is that in one week (7 days)?
- 36.A school bag costs ₹920. The shop gives 50% off. What is the sale price (in ₹)?
- 37.Tara has ₹900. In a piggy bank it stays ₹900. In a bank at 4% simple interest per year, how many rupees more will Tara have after 1 year?
- 38.Priya gets ₹25 pocket money every week. How many rupees is that in 2 weeks?
- 39.Which is worth more: a ₹10 note or a ₹20 note? (a) 20-rupee note (b) 10-rupee note
- 40.Manav’s class stall spends ₹250 to make 25 cups of lemonade and sells all of them at ₹15 each. What is the profit (in ₹)?
Answer key
- 3750
- 2
- 125
- 1050
- 71
- No
- The name and amount
- 36
- 3
- 1
- 95
- 30
- 100
- 4
- 10-rupee note
- 255
- 27 rupees
- 1460
- 50
- Tell a parent at once
- 900
- 2
- 100
- 40
- 54
- 140
- 80
- 115
- Kabir
- 64
- 950
- 4
- 1480
- Shop A
- 168
- 460
- 36
- 50
- 20-rupee note
- 125
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids