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.Isha’s passbook:
Opening balance: ₹3500
Credit (money in): ₹850
Debit (money out): ₹?
Closing balance: ₹4150
How many rupees was the debit? - 2.Aarav has 3 notes of ₹20. Ishaan has 4 notes of ₹100. How many more rupees does Ishaan have?
- 3.A pair of shoes costs ₹720. The shop gives 25% off. How many rupees is the discount?
- 4.Shop A sells 6 colour pencil sets for ₹480. Shop B sells 3 colour pencil sets for ₹225. Which shop is cheaper for one colour pencil set? (a) Shop B (b) Shop A
- 5.Vivaan buys a kite for ₹17 and a pencil for ₹4, and pays ₹50. How much change does Vivaan get (in ₹)?
- 6.₹23 + ₹38 + ₹38 =
- 7.Aarav wants to save ₹200 for a gift for Mum in 4 weeks, the same amount each week. How many rupees must Aarav save each week?
- 8.₹68 + ₹23 =
- 9.What do 3 plates of idli at ₹55 each and 5 samosas at ₹12 each cost in all (in ₹)?
- 10.Kavya’s class stall spends ₹370 to make 20 greeting cards and sells all of them at ₹15 each. What is the loss (in ₹)?
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11.Diya’s passbook:
Opening balance: ₹2400
Credit: ₹250
Debit: ₹350
Debit: ₹150
Debit: ₹450
What is the total of all the credits (in ₹)? - 12.Ishaan has 9 coins of ₹1. How many rupees does Ishaan have?
- 13.How many ₹100 notes make a ₹500 note?
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14.Aditya’s passbook:
Opening balance: ₹2200
Debit: ₹100
Debit: ₹100
Debit: ₹50
Credit: ₹400
What is the total of all the debits (in ₹)? - 15.Ananya’s class stall spends ₹940 to make 40 cupcakes and sells all of them at ₹30 each. What is the profit (in ₹)?
- 16.3 footballs cost ₹1095. How much do 2 footballs cost (in ₹)?
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17.Price list: ruler ₹11, ice candy ₹12, notebook ₹25, eraser ₹2.
How many rupees more does a notebook cost than a ruler? - 18.How many coins of ₹2 does Zoya need to make ₹4?
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19.Price list: glue stick ₹20, toffee ₹3, ice candy ₹10, juice box ₹25.
How much do a glue stick and a toffee cost together (in ₹)? - 20.Which is worth the most: a ₹20 coin, a ₹5 coin or a ₹10 note? (a) 20-rupee coin (b) 10-rupee note (c) 5-rupee coin
- 21.Zoya has 5 notes of ₹50 and 2 notes of ₹10. How many rupees does Zoya have?
- 22.Lakshmi has 7 notes of ₹20. Riya has 3 notes of ₹10. Who has more money? (a) Riya (b) Lakshmi
- 23.7 pens cost ₹161. How much do 6 pens cost (in ₹)?
- 24.3 friends run a stall selling plates of bhel and make a profit of ₹150. They share it equally. How many rupees does each friend get?
- 25.A 1 kg bag of rice costs ₹41. A 10 kg bag costs ₹590. How many rupees per kg do you save with the cheaper bag?
- 26.A sticker sheet costs ₹5. Arjun pays ₹10. How much change does Arjun get (in ₹)?
- 27.₹73 − ₹45 =
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28.Price list: sharpener ₹6, toffee ₹1, crayon box ₹40, balloon ₹5.
Nisha has ₹100 and buys a crayon box. How many rupees are left? - 29.A 10 kg bag of rice costs ₹500. A 5 kg bag costs ₹215. Which bag is cheaper per kg? (a) 5 kg bag (b) 10 kg bag
- 30.Which coins and notes make exactly ₹112? (a) 100 + 20 + 10 (b) 100 + 10 + 5 (c) 100 + 10 + 2
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31.Price list: ruler ₹11, sticker sheet ₹7, pencil ₹3, samosa ₹13.
How much do 3 rulers cost (in ₹)? - 32.₹560 − ₹520 =
- 33.35 children go on a school trip to the zoo. The bus costs ₹30 for each child and the ticket costs ₹40 for each child. What is the total cost (in ₹)?
- 34.Joseph spends ₹400 of ₹1000 pocket money on books. What percent is that?
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35.Price list: ruler ₹13, samosa ₹19, pencil ₹7, crayon box ₹40.
How much do 4 rulers cost (in ₹)? - 36.Diya keeps ₹1200 in a bank. After 3 years the simple interest is ₹360. What is the rate of interest per year (in %)?
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37.Karan’s passbook:
Opening balance: ₹3600
Credit: ₹50
Debit: ₹250
Debit: ₹450
Debit: ₹50
What is the closing balance (in ₹)? - 38.Shop A sells 2 pens for ₹48. Shop B sells 5 pens for ₹125. Which shop is cheaper for one pen? (a) Shop B (b) Shop A
- 39.The bill for 2 colour pencil sets and a pair of socks is ₹180. A colour pencil set costs ₹60. What does the pair of socks cost (in ₹)?
- 40.Kabir buys 3 sharpeners at ₹4 each and pays ₹20. How much change does Kabir get (in ₹)?
Answer key
- 200
- 340
- 180
- Shop B
- 29
- 99
- 50
- 91
- 225
- 70
- 250
- 9
- 5
- 250
- 260
- 730
- 14
- 2
- 23
- 20-rupee coin
- 270
- Lakshmi
- 138
- 50
- 18
- 5
- 28
- 60
- 5 kg bag
- 100 + 10 + 2
- 33
- 40
- 2450
- 40
- 52
- 10
- 2900
- Shop A
- 60
- 8
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids