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 5 kg bag of wheat flour costs ₹155. A 1 kg bag costs ₹38. Which bag is cheaper per kg? (a) 5 kg bag (b) 1 kg bag
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2.Price list: notebook ₹25, samosa ₹10, ice candy ₹11, juice box ₹20.
Sneha has ₹50 and buys a notebook. How many rupees are left? - 3.A crayon box costs ₹50 and an eraser costs ₹2. How many rupees more does the crayon box cost?
- 4.What do 2 footballs at ₹300 each and 4 samosas at ₹18 each cost in all (in ₹)?
- 5.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
- 6.Gurpreet’s father is sending ₹1000 to a friend by UPI. What should he check before he pays? (a) Nothing at all (b) The name and amount (c) Only the phone colour
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7.Kavya’s shop bill:
1 lunch box at ₹195
3 colour pencil sets at ₹110 each
4 water bottles at ₹190 each
What is the total bill (in ₹)? - 8.Vivaan has a budget of ₹1500 for a birthday party. The cake cost ₹220, the snacks cost ₹150 and the decorations cost ₹310. How many rupees are left?
- 9.Riya is making a shopping list. Which of these is a need? (a) extra comic books (b) a bigger TV (c) notebooks for school (d) a fancy phone cover
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10.Karan’s passbook:
Opening balance: ₹4300
Debit: ₹250
Debit: ₹400
Credit: ₹50
Debit: ₹50
What is the total of all the debits (in ₹)? - 11.Karan makes 4 greeting cards an hour and sells each one for ₹30. How many rupees can Karan earn from 2 hours of work?
- 12.A water bottle costs ₹205 online. Delivery is ₹20 and a coupon takes ₹50 off. What is the final price (in ₹)?
- 13.One notebook costs ₹35. A pack of 3 notebooks costs ₹101. How many rupees do you save by buying the pack instead of 3 single ones?
- 14.Aditya gets a link: “Click now to win a phone worth ₹2000!” What should Aditya do? (a) Click it to win (b) Send it to friends (c) Ignore it, tell a parent
- 15.Gurpreet gets ₹25 pocket money every week. How many rupees is that in 4 weeks?
- 16.Dev has 9 coins of ₹1. Kabir has 2 notes of ₹20. How many more rupees does Kabir have?
- 17.Isha has ₹1400. In a piggy bank it stays ₹1400. In a bank at 4% simple interest per year, how many rupees more will Isha have after 4 years?
- 18.A paint box costs ₹64. Nisha has ₹5 and ₹5. How many more rupees does Nisha need?
- 19.Farhan has ₹300 for a picnic. Food costs ₹120 and tickets cost ₹170. Is ₹300 enough? (a) No (b) Yes
- 20.A sharpener costs ₹6. Riya pays ₹50. How much change does Riya get (in ₹)?
- 21.Ananya spends ₹50 on things to make 23 greeting cards and sells them all at ₹5 each. How many rupees does Ananya earn after paying the costs?
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22.Tara’s passbook:
Opening balance: ₹800
Credit (money in): ₹750
Debit (money out): ₹350
What is the balance now (in ₹)? - 23.Shop A sells a school bag for ₹600 with free delivery. Shop B sells it for ₹480 plus ₹80 delivery. How many rupees do you save by buying from the cheaper shop?
- 24.A packet of chips costs ₹22.50. Farhan pays ₹50. How much change does Farhan get, in rupees? =
- 25.₹230 − ₹10 =
- 26.Saanvi has 9 coins of ₹5. Kabir has 2 notes of ₹20. How many more rupees does Saanvi have?
- 27.4 colour pencil sets cost ₹460. How much do 7 colour pencil sets cost (in ₹)?
- 28.₹20 + ₹? + ₹10 = ₹32
- 29.Which coins and notes make exactly ₹62? (a) 50 + 10 + 2 (b) 10 + 2 + 1 (c) 50 + 5 + 2
- 30.Kabir keeps ₹100 in a bank at 9% simple interest per year. How much money will there be after 5 years (in ₹)?
- 31.Rahul got ₹135 in 3 weeks, the same amount every week. How many rupees is that each week?
- 32.Count up to find the change from ₹500: ₹22 + ₹? = ₹500
- 33.Ananya keeps ₹1400 in a bank. After 4 years the simple interest is ₹224. What is the rate of interest per year (in %)?
- 34.Saanvi keeps ₹1200 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
- 35.A badminton racket costs ₹540 online. Delivery is ₹40 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 36.Someone online asks Karan for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A friend at school (b) A caller from the bank (c) No one
- 37.3 friends run a stall selling clay diyas and make a profit of ₹1020. They share it equally. How many rupees does each friend get?
- 38.Shop A sells 6 notebooks for ₹240. Shop B sells 4 notebooks for ₹200. Which shop is cheaper for one notebook? (a) Shop B (b) Shop A
- 39.Isha has 6 coins of ₹5. How many rupees does Isha have?
- 40.Shop A sells 2 plates of idli for ₹100. Shop B sells 5 plates of idli for ₹175. Which shop is cheaper for one plate of idli? (a) Shop A (b) Shop B
Answer key
- 5 kg bag
- 25
- 48
- 672
- Never share the OTP
- The name and amount
- 1285
- 820
- notebooks for school
- 700
- 240
- 175
- 4
- Ignore it, tell a parent
- 100
- 31
- 224
- 54
- Yes
- 44
- 65
- 1200
- 40
- 27.5
- 220
- 5
- 805
- 2
- 50 + 10 + 2
- 145
- 45
- 478
- 4
- 168
- 570
- No one
- 340
- Shop A
- 30
- Shop B
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids