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.Aditya’s piggy bank has 4 coins of ₹10, 1 coin of ₹5 and 5 coins of ₹1. How many rupees are in it?
- 2.Rahul keeps ₹1400 in a bank at 6% simple interest per year. How much money will there be after 5 years (in ₹)?
- 3.Diya gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Diya do? (a) Never share the OTP (b) Read the OTP out (c) Send it by message
- 4.₹5 − ₹1.50 =
- 5.2 pairs of socks cost ₹170. What does one pair of socks cost (in ₹)?
- 6.Gurpreet has 4 coins of ₹2. Sneha has 3 notes of ₹100. Who has less money? (a) Gurpreet (b) Sneha
- 7.Isha keeps ₹1400 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
- 8.A 5 kg bag of wheat flour costs ₹235. A 10 kg bag costs ₹330. Which bag is cheaper per kg? (a) 10 kg bag (b) 5 kg bag
- 9.Which is the same money as one ₹100 note? (a) four 50-rupee notes (b) two 50-rupee notes (c) three 50-rupee notes
- 10.Joseph makes 3 greeting cards an hour and sells each one for ₹20. How many rupees can Joseph earn from 1 hour of work?
- 11.Joseph has 1 note of ₹200 and 1 note of ₹20. How many rupees does Joseph have?
- 12.9 lunch boxes cost ₹1755. How much do 3 lunch boxes cost (in ₹)?
- 13.Count up to find the change from ₹50: ₹21 + ₹? = ₹50
- 14.Pooja saves ₹100 every week for 4 weeks, then buys a storybook set for ₹310. How many rupees are left?
- 15.Which is the biggest amount: ₹76, ₹29 or ₹17? (a) 17 rupees (b) 29 rupees (c) 76 rupees
- 16.One colour pencil set costs ₹110. How much do 5 colour pencil sets cost (in ₹)?
- 17.What is the smallest number of coins and notes that make ₹27?
- 18.A 2 kg bag of wheat flour costs ₹60. A 1 kg bag costs ₹36. How many rupees per kg do you save with the cheaper bag?
- 19.₹38 + ₹35 =
- 20.How many coins of ₹20 does Pooja need to make ₹100?
- 21.Diya saves ₹90 every week for 9 weeks, then buys a board game for ₹580. How many rupees are left?
- 22.Kabir has 1 note of ₹200, 4 notes of ₹10 and 4 coins of ₹5. How many rupees does Kabir have?
- 23.A packet of chips costs ₹22.50. Kavya pays ₹50. How much change does Kavya get, in rupees? =
- 24.13 children go on a school trip to the planetarium. The bus costs ₹20 for each child and the ticket costs ₹30 for each child. What is the total cost (in ₹)?
- 25.Joseph has 1 note of ₹50, 4 notes of ₹20 and 2 coins of ₹2. How many rupees does Joseph have?
- 26.How many notes of ₹100 make ₹400?
- 27.There are 37 children in a class. Each child needs one pen at ₹16. What is the total cost (in ₹)?
- 28.Ananya had ₹88. Ananya spent ₹25 on a notebook. How many rupees are left?
- 29.A day trip costs ₹1380 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
- 30.₹64 − ₹30 =
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31.Price list: sticker sheet ₹11, juice box ₹25, crayon box ₹30, pencil ₹4.
How much do a sticker sheet and a crayon box cost together (in ₹)? - 32.Farhan has ₹7. An ice candy costs ₹10. Does Farhan have enough money to buy it? (a) Yes (b) No
- 33.Meera got ₹480 in 8 weeks, the same amount every week. How many rupees is that each week?
- 34.Kabir wants an art kit that costs ₹270. Kabir saves ₹30 every week. How many weeks will it take?
- 35.How many coins of ₹5 does Ishaan need to make ₹10?
- 36.A pair of shoes costs ₹100. Offer 1: 10% off. Offer 2: ₹20 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 37.Ananya has 1 note of ₹50, 4 notes of ₹20 and 5 coins of ₹2. How many rupees does Ananya have?
- 38.For Gurpreet, is “extra comic books” a need or a want? (a) Need (b) Want
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39.Riya’s passbook:
Opening balance: ₹3600
Credit (money in): ₹300
Debit (money out): ₹?
Closing balance: ₹3750
How many rupees was the debit? - 40.Kabir sells 36 friendship bands at ₹10 each. How many rupees does Kabir get?
Answer key
- 50
- 1820
- Never share the OTP
- 3.5
- 85
- Gurpreet
- 1484
- 10 kg bag
- two 50-rupee notes
- 60
- 220
- 585
- 29
- 90
- 76 rupees
- 550
- 3
- 6
- 73
- 5
- 230
- 260
- 27.5
- 650
- 134
- 4
- 592
- 63
- 460
- 34
- 41
- No
- 60
- 9
- 2
- Offer 2
- 140
- Want
- 150
- 360
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids