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.Rahul has a budget of ₹1500 for a birthday party. The return gifts cost ₹70, the decorations cost ₹110 and the snacks cost ₹110. How many rupees are left?
- 2.A toy car costs ₹79. Lakshmi has ₹20 and ₹2. How many more rupees does Lakshmi need?
- 3.Gurpreet has ₹57 in a piggy bank. Dada gives Gurpreet ₹16 more. How many rupees does Gurpreet have now?
- 4.Ishaan keeps ₹200 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
- 5.Which is worth more: a ₹1 coin or a ₹20 coin? (a) 1-rupee coin (b) 20-rupee coin
- 6.Meera gets ₹90 a week, spends ₹75 each week and saves the rest. How many rupees has Meera saved after 8 weeks?
- 7.Riya buys 2 toffees at ₹2 each and pays ₹50. How much change does Riya get (in ₹)?
- 8.Ishaan gets ₹450 pocket money every month. How many rupees is that in one year (12 months)?
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9.Isha’s passbook:
Opening balance: ₹4500
Credit (money in): ₹750
Debit (money out): ₹1850
What is the balance now (in ₹)? - 10.Karan wants an art kit that costs ₹455, has ₹40 already and saves ₹90 every week. In how many weeks will Karan have enough?
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11.Lakshmi’s passbook:
Opening balance: ₹4300
Credit: ₹100
Credit: ₹200
Credit: ₹150
Debit: ₹150
What is the closing balance (in ₹)? - 12.Riya keeps ₹1200 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 5 years?
- 13.Ishaan buys a ruler for ₹8 and a pencil for ₹4. How many rupees does Ishaan spend in all?
- 14.Count up to find the change from ₹10: ₹2 + ₹? = ₹10
- 15.A stall pays ₹3 for each plate of bhel and sells each one for ₹12. It sells 10 plates of bhel. What is the total profit (in ₹)?
- 16.Karan wants a cricket bat that costs ₹560. Karan saves ₹80 every week. How many weeks will it take?
- 17.Ishaan has 2 notes of ₹200 and 5 notes of ₹10. How many rupees does Ishaan have?
- 18.How many paise are there in ₹2.50?
- 19.Joseph saves ₹50 every week for 9 weeks, then buys a cricket bat for ₹130. How many rupees are left?
- 20.Which is the same money as one ₹50 note? (a) five 10-rupee notes (b) four 10-rupee notes (c) two 10-rupee notes
- 21.Ishaan wants a wristwatch that costs ₹755, has ₹310 already and saves ₹90 every week. In how many weeks will Ishaan have enough?
- 22.A 1 kg bag of onions costs ₹30. A 2 kg bag costs ₹44. How many rupees per kg do you save with the cheaper bag?
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23.Price list: notebook ₹45, toffee ₹1, juice box ₹25, eraser ₹4.
How much do 5 notebooks cost (in ₹)? - 24.Gurpreet has ₹28 in a piggy bank. Mausi gives Gurpreet ₹17 more. How many rupees does Gurpreet have now?
- 25.Manav has ₹800 for a picnic. Food costs ₹370 and tickets cost ₹380. Is ₹800 enough? (a) No (b) Yes
- 26.Ishaan has 3 coins of ₹20 and 6 coins of ₹2. How many rupees does Ishaan have?
- 27.Saanvi has 4 coins of ₹1 and 2 coins of ₹2. How many rupees does Saanvi have?
- 28.A colouring book costs ₹55. Kavya has ₹20 and ₹5. How many more rupees does Kavya need?
- 29.A T-shirt costs ₹220 online. Delivery is ₹30 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 30.Shop A sells 3 mangoes for ₹120. Shop B sells 6 mangoes for ₹150. Which shop is cheaper for one mango? (a) Shop A (b) Shop B
- 31.Karan buys a mango for ₹25 and a football for ₹425, and pays with a ₹500 note. How much change does Karan get (in ₹)?
- 32.Ananya gets ₹7 every day. How many rupees is that in one week (7 days)?
- 33.A cricket bat costs ₹520. The shop gives 25% off. How many rupees is the discount?
- 34.Isha’s class stall spends ₹790 to make 37 paper bookmarks and sells all of them at ₹20 each. What is the loss (in ₹)?
- 35.A dozen (12) oranges cost ₹120. What does one cost (in ₹)?
- 36.How many notes of ₹50 make ₹250?
- 37.₹58 + ₹23 =
- 38.Rahul has one ₹500 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 39.Farhan buys a juice box for ₹20 and a glue stick for ₹18, and pays ₹50. How much change does Farhan get (in ₹)?
- 40.Isha has ₹440 for return gifts. Each gift costs ₹40. What is the greatest number of gifts Isha can buy?
Answer key
- 1210
- 57
- 73
- 40
- 20-rupee coin
- 120
- 46
- 5400
- 3400
- 5
- 4600
- 420
- 12
- 8
- 90
- 7
- 450
- 250
- 320
- five 10-rupee notes
- 5
- 8
- 225
- 45
- Yes
- 72
- 8
- 30
- 230
- Shop B
- 50
- 49
- 130
- 50
- 10
- 5
- 81
- Note
- 12
- 11
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids