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.Rohan buys 4 erasers at ₹2 each and pays ₹20. How much change does Rohan get (in ₹)?
- 2.Rohan gets ₹50 a week, spends ₹15 each week and saves the rest. How many rupees has Rohan saved after 8 weeks?
- 3.₹65 − ₹37 =
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4.Price list: glue stick ₹15, sharpener ₹5, biscuit packet ₹18, pencil ₹3.
How much do 4 glue sticks cost (in ₹)? - 5.₹26 − ₹5 =
- 6.Of a ₹38000 monthly budget, 10% goes on food and 20% on electricity. The rest is saved. What percent is saved?
- 7.Aarav has 2 coins of ₹1. How many rupees does Aarav have?
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8.Price list: ruler ₹8, sharpener ₹9, kite ₹23, pencil ₹7.
Rahul has ₹10 and buys a ruler. How many rupees are left? - 9.Of a ₹24000 monthly budget, 40% goes on travel and 20% on school fees. The rest is saved. How many rupees are saved?
- 10.What do 3 cricket balls at ₹115 each and 3 colour pencil sets at ₹100 each cost in all (in ₹)?
- 11.₹87 − ₹63 =
- 12.Arjun has 5 notes of ₹20. How many rupees does Arjun have?
- 13.Saanvi has 3 notes of ₹200, 1 note of ₹20 and 3 coins of ₹1. How many rupees does Saanvi have?
- 14.Nisha has 6 coins of ₹5 and 5 coins of ₹2. How many rupees does Nisha have?
- 15.Meera has ₹6. A balloon costs ₹5. Does Meera have enough money to buy it? (a) Yes (b) No
- 16.A family plans ₹32000 for the month. 30% of it is for travel. How many rupees is that?
- 17.The bill for a T-shirt and a notebook is ₹430. A T-shirt costs ₹380. What does the notebook cost (in ₹)?
- 18.A pair of shoes costs ₹280. Offer 1: 50% off. Offer 2: ₹130 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 19.7 notebooks cost ₹315. How much do 8 notebooks cost (in ₹)?
- 20.Karan’s piggy bank has 2 coins of ₹20, 3 coins of ₹10 and 4 coins of ₹1. How many rupees are in it?
- 21.A 1 kg bag of onions costs ₹43. A 2 kg bag costs ₹44. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
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22.Aarav’s passbook:
Opening balance: ₹4200
Debit: ₹300
Debit: ₹400
Credit: ₹350
Debit: ₹400
What is the total of all the debits (in ₹)? - 23.What is the smallest number of coins and notes that make ₹192?
- 24.A day trip costs ₹1140 in all. 6 friends share the cost equally. How much does each friend pay (in ₹)?
- 25.₹76 − ₹50 =
- 26.7 footballs cost ₹3010. What does one football cost (in ₹)?
- 27.Isha is making a shopping list. Which of these is a want? (a) school shoes (b) a remote-control car (c) milk (d) a school uniform
- 28.₹20 + ₹12 =
- 29.How many notes of ₹10 make ₹30?
- 30.Farhan got ₹595 in 7 weeks, the same amount every week. How many rupees is that each week?
- 31.Pooja’s class stall spends ₹350 to make 33 cupcakes and sells all of them at ₹15 each. What is the profit (in ₹)?
- 32.Which is the biggest amount: ₹29, ₹11 or ₹86? (a) 86 rupees (b) 11 rupees (c) 29 rupees
- 33.7 colour pencil sets cost ₹560. How much do 10 colour pencil sets cost (in ₹)?
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34.Riya’s passbook:
Opening balance: ₹4100
Credit: ₹100
Debit: ₹50
Credit: ₹300
Debit: ₹300
What is the total of all the debits (in ₹)? - 35.₹48 − ₹42 =
- 36.One toffee costs ₹1.50. How many rupees do 2 toffees cost? =
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37.Vivaan’s passbook:
Opening balance: ₹1200
Credit (money in): ₹50
Debit (money out): ₹250
What is the balance now (in ₹)? - 38.A 10 kg bag of rice costs ₹680. A 5 kg bag costs ₹205. How many rupees per kg do you save with the cheaper bag?
- 39.Priya deposits ₹1300 saved in a piggy bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 40.Riya gets ₹100 a week, spends ₹15 each week and saves the rest. How many rupees has Riya saved after 6 weeks?
Answer key
- 12
- 280
- 28
- 60
- 21
- 70
- 2
- 2
- 9600
- 645
- 24
- 100
- 623
- 40
- Yes
- 9600
- 50
- Offer 1
- 360
- 74
- 2 kg bag
- 1100
- 5
- 190
- 26
- 430
- a remote-control car
- 32
- 3
- 85
- 145
- 86 rupees
- 800
- 350
- 6
- 3
- 1000
- 27
- Credit
- 510
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids