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.A football costs ₹520. The shop gives 25% off. How many rupees is the discount?
- 2.A 1 kg bag of potatoes costs ₹32. A 10 kg bag costs ₹260. Which bag is cheaper per kg? (a) 10 kg bag (b) 1 kg bag
- 3.A raincoat costs ₹660. The shop gives 25% off. How many rupees is the discount?
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4.Rahul’s passbook:
Opening balance: ₹2000
Credit (money in): ₹150
Debit (money out): ₹850
What is the balance now (in ₹)? - 5.How many geometry boxes can you buy with ₹680 if one costs ₹85?
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6.Isha’s shop bill:
1 badminton racket at ₹320
3 geometry boxes at ₹100 each
1 samosa at ₹20
What is the total bill (in ₹)? - 7.One rubber band costs ₹2.50. How many rupees do 5 rubber bands cost? =
- 8.A skipping rope costs ₹35. Ishaan has ₹5 and ₹10. How many more rupees does Ishaan need?
- 9.Tara’s class stall spends ₹470 to make 27 paper bookmarks and sells all of them at ₹30 each. What is the profit (in ₹)?
- 10.A 1 kg bag of tomatoes costs ₹58. A 2 kg bag costs ₹76. How many rupees per kg do you save with the cheaper bag?
- 11.What do 5 cricket balls at ₹145 each and 2 pairs of socks at ₹65 each cost in all (in ₹)?
- 12.Farhan has ₹11 in a piggy bank. Nana gives Farhan ₹12 more. How many rupees does Farhan have now?
- 13.Manav’s class stall spends ₹190 to make 30 plates of bhel and sells all of them at ₹5 each. Is it a profit or a loss? (a) No profit, no loss (b) Loss (c) Profit
- 14.A stranger asks Manav to scan a QR code to “get” ₹500. What is true? (a) It gives you money (b) QR codes are always safe (c) Scanning a QR pays money
- 15.Priya gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Priya do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
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16.Price list: ruler ₹13, notebook ₹25, juice box ₹30, banana ₹4.
Meera has ₹50 and buys a juice box. How many rupees are left? - 17.One cricket ball costs ₹135. How much do 2 cricket balls cost (in ₹)?
- 18.For Dev, is “a third cricket bat” a need or a want? (a) Need (b) Want
- 19.1250 paise is how many rupees? =
- 20.Rahul has 2 notes of ₹20. How many rupees does Rahul have?
- 21.Meera is making a shopping list. Which of these is a need? (a) extra comic books (b) school shoes (c) a new party dress (d) a fancy phone cover
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22.Price list: balloon ₹7, pencil ₹4, eraser ₹3, juice box ₹20.
How much do an eraser and a juice box cost together (in ₹)? - 23.₹67 + ₹12 =
- 24.A 5 kg bag of onions costs ₹185. A 10 kg bag costs ₹600. Which bag is cheaper per kg? (a) 10 kg bag (b) 5 kg bag
- 25.Zoya is making a shopping list. Which of these is a need? (a) extra comic books (b) a video game (c) a toy robot (d) medicine when ill
- 26.Diya saves ₹60 every week for 7 weeks, then buys a wristwatch for ₹310. How many rupees are left?
- 27.₹47 + ₹44 =
- 28.Rohan sells 40 paper bookmarks at ₹15 each. How many rupees does Rohan get?
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29.Price list: sticker sheet ₹8, eraser ₹5, pencil ₹4, glue stick ₹25.
How much do 3 erasers cost (in ₹)? -
30.Price list: crayon box ₹30, juice box ₹20, kite ₹10, ice candy ₹9.
How many rupees more does a kite cost than an ice candy? - 31.A pen costs ₹2.50. Isha pays ₹20. How much change does Isha get, in rupees? =
- 32.Kabir buys 4 pens at ₹18 each and pays with a ₹500 note. How much change does Kabir get (in ₹)?
- 33.Kabir has 2 notes of ₹10. How many rupees does Kabir have?
- 34.How many coins of ₹10 does Arjun need to make ₹70?
- 35.Rohan has ₹4. A toffee costs ₹2. Does Rohan have enough money to buy it? (a) Yes (b) No
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36.Manav’s passbook:
Opening balance: ₹3800
Credit (money in): ₹650
Debit (money out): ₹?
Closing balance: ₹3200
How many rupees was the debit? - 37.Count up to find the change from ₹100: ₹73 + ₹? = ₹100
- 38.Aditya pays a bill of ₹700 by UPI. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 39.Saanvi sees that ₹1000 was sent to a wrong number by mistake. What should Saanvi do first? (a) Pay again to fix it (b) Keep it a secret (c) Tell a parent at once
- 40.A message says Arjun has won ₹25000. It asks for the UPI PIN to send the prize. What is true? (a) Prizes need your PIN (b) No PIN to receive money (c) Enter the PIN quickly
Answer key
- 130
- 10 kg bag
- 165
- 1300
- 8
- 640
- 12.5
- 20
- 340
- 20
- 855
- 23
- Loss
- Scanning a QR pays money
- Never share the OTP
- 20
- 270
- Want
- 12.5
- 40
- school shoes
- 23
- 79
- 5 kg bag
- medicine when ill
- 110
- 91
- 600
- 15
- 1
- 17.5
- 428
- 20
- 7
- Yes
- 1250
- 27
- Debit
- Tell a parent at once
- No PIN to receive money
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids