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 buys a geometry box for ₹95 and pays with a ₹100 note. How much change does Rahul get (in ₹)?
- 2.Dev’s mother has ₹2800 in her bank account. She pays ₹130 for medicines and ₹170 for school books by UPI. How many rupees are left in the account?
- 3.Rahul has ₹24 in a piggy bank. Dadi gives Rahul ₹9 more. How many rupees does Rahul have now?
- 4.How many coins of ₹20 does Arjun need to make ₹60?
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5.Lakshmi’s passbook:
Opening balance: ₹3200
Debit: ₹500
Credit: ₹100
Debit: ₹300
Credit: ₹400
What is the total of all the credits (in ₹)? - 6.₹9 + ₹20 + ₹10 =
- 7.Which is the biggest amount: ₹11, ₹41 or ₹46? (a) 41 rupees (b) 11 rupees (c) 46 rupees
- 8.Arjun gets a link: “Click now to win a phone worth ₹50000!” What should Arjun do? (a) Ignore it, tell a parent (b) Click it to win (c) Send it to friends
- 9.A biscuit packet costs ₹16. Meera pays ₹20. How much change does Meera get (in ₹)?
- 10.How many samosas can you buy with ₹60 if one costs ₹12?
- 11.Meera spends ₹150 on things to make 12 cups of lemonade and sells them all at ₹15 each. How many rupees does Meera earn after paying the costs?
- 12.Lakshmi sells 12 clay diyas at ₹5 each. How many rupees does Lakshmi get?
- 13.Priya has 4 notes of ₹100. Kabir has 6 coins of ₹1. Who has less money? (a) Priya (b) Kabir
- 14.Meera sells 13 paper bookmarks at ₹20 each. How many rupees does Meera get?
- 15.₹800 earns 8% simple interest per year. In how many years will the interest be ₹320?
- 16.Ananya sees that ₹50000 was sent to a wrong number by mistake. What should Ananya do first? (a) Pay again to fix it (b) Tell a parent at once (c) Keep it a secret
- 17.Which coins and notes make exactly ₹155? (a) 100 + 5 + 5 (b) 50 + 5 + 5 (c) 100 + 50 + 5
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18.Price list: notebook ₹35, ruler ₹15, juice box ₹25, banana ₹6.
Vivaan has ₹50 and buys a notebook. How many rupees are left? - 19.Aditya is making a shopping list. Which of these is a want? (a) milk (b) rice and dal (c) bus fare to school (d) a third cricket bat
- 20.Lakshmi sells 21 clay diyas at ₹20 each. How many rupees does Lakshmi get?
- 21.Joseph has ₹520 for return gifts. Each gift costs ₹20. What is the greatest number of gifts Joseph can buy?
- 22.Ananya spends ₹100 of ₹500 pocket money on books. What percent is that?
- 23.A notebook costs ₹40. Joseph pays ₹50. How much change does Joseph get (in ₹)?
- 24.₹400 earns 8% simple interest per year. In how many years will the interest be ₹96?
- 25.What do 5 samosas at ₹12 each and 5 water bottles at ₹175 each cost in all (in ₹)?
- 26.Rahul buys a mango for ₹40 and pays with a ₹100 note. How much change does Rahul get (in ₹)?
- 27.A football costs ₹480. The shop gives 50% off. What is the sale price (in ₹)?
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28.Saanvi’s passbook:
Opening balance: ₹3900
Credit (money in): ₹300
Debit (money out): ₹?
Closing balance: ₹3300
How many rupees was the debit? - 29.How many notes of ₹10 make ₹90?
- 30.Karan wants to save ₹700 for a cricket bat in 14 weeks, the same amount each week. How many rupees must Karan save each week?
- 31.₹400 + ₹170 =
- 32.₹230 − ₹190 =
- 33.Which is the same money as one ₹200 note? (a) six 50-rupee notes (b) four 50-rupee notes (c) five 50-rupee notes
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34.Farhan’s shop bill:
3 notebooks at ₹30 each
4 cricket balls at ₹110 each
3 water bottles at ₹200 each
What is the total bill (in ₹)? - 35.15 children go on a school trip to the zoo. The bus costs ₹40 for each child and the ticket costs ₹50 for each child. What is the total cost (in ₹)?
- 36.₹12 + ₹76 =
- 37.Karan’s mother has ₹1400 in her bank account. She pays ₹370 for milk and ₹50 for fruit by UPI. How many rupees are left in the account?
- 38.Aditya has 8 notes of ₹10. How many rupees does Aditya have?
- 39.Kavya is making a shopping list. Which of these is a need? (a) a bigger TV (b) a video game (c) medicine when ill (d) sweets every day
- 40.₹1000 earns 10% simple interest per year. In how many years will the interest be ₹200?
Answer key
- 5
- 2500
- 33
- 3
- 500
- 39
- 46 rupees
- Ignore it, tell a parent
- 4
- 5
- 30
- 60
- Kabir
- 260
- 5
- Tell a parent at once
- 100 + 50 + 5
- 15
- a third cricket bat
- 420
- 26
- 20
- 10
- 3
- 935
- 60
- 240
- 900
- 9
- 50
- 570
- 40
- four 50-rupee notes
- 1130
- 1350
- 88
- 980
- 80
- medicine when ill
- 2
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids