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
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1.Price list: sharpener ₹9, notebook ₹40, kite ₹16, glue stick ₹24.
Which item costs the least? (a) sharpener (b) glue stick (c) notebook (d) kite - 2.₹97 − ₹92 =
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3.Price list: samosa ₹12, toffee ₹1, pencil ₹6, notebook ₹40.
How many rupees more does a notebook cost than a samosa? -
4.Price list: notebook ₹40, ice candy ₹11, pencil ₹6, kite ₹12.
Sneha has ₹50 and buys an ice candy. How many rupees are left? - 5.A 10 kg bag of sugar costs ₹500. A 1 kg bag costs ₹45. Which bag is cheaper per kg? (a) 1 kg bag (b) 10 kg bag
- 6.Which is worth the most: a ₹2 coin, a ₹1 coin or a ₹10 note? (a) 2-rupee coin (b) 10-rupee note (c) 1-rupee coin
- 7.Aditya’s class stall spends ₹720 to make 23 clay diyas and sells all of them at ₹30 each. What is the loss (in ₹)?
- 8.Joseph has 8 notes of ₹10. Saanvi has 2 coins of ₹2. How many more rupees does Joseph have?
- 9.One plate of idli costs ₹30. How much do 2 plates of idli cost (in ₹)?
- 10.How many coins of ₹2 does Farhan need to make ₹18?
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11.Karan’s passbook:
Opening balance: ₹4000
Debit: ₹200
Debit: ₹150
Credit: ₹300
Debit: ₹400
What is the total of all the credits (in ₹)? - 12.Meera is making a shopping list. Which of these is a need? (a) a video game (b) a glitter pen set (c) a third cricket bat (d) medicine when ill
- 13.What is the smallest number of coins and notes that make ₹84?
- 14.After 25% off, a board game costs ₹435. What was the price before the sale (in ₹)?
- 15.A sharpener costs ₹9. Pooja pays ₹50. How much change does Pooja get (in ₹)?
- 16.Lakshmi has ₹500 for a picnic. Food costs ₹70 and tickets cost ₹330. Is ₹500 enough? (a) Yes (b) No
- 17.5 pairs of socks cost ₹425. How much do 8 pairs of socks cost (in ₹)?
- 18.Karan buys 3 geometry boxes at ₹130 each and pays with a ₹500 note. How much change does Karan get (in ₹)?
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19.Price list: notebook ₹45, crayon box ₹35, glue stick ₹16, pencil ₹5.
How many rupees more does a glue stick cost than a pencil? - 20.Shop A sells a lunch box for ₹260 with free delivery. Shop B sells it for ₹285 plus ₹80 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 21.Dev gets ₹60 pocket money every week. How many rupees is that in 8 weeks?
- 22.Shop A sells a cricket ball for ₹115 with free delivery. Shop B sells it for ₹130 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
- 23.Farhan has ₹290 for return gifts. Each gift costs ₹40. What is the greatest number of gifts Farhan can buy?
- 24.A day trip costs ₹2950 in all. 5 friends share the cost equally. How much does each friend pay (in ₹)?
- 25.Diya buys 2 pencils at ₹8 each and pays ₹50. How much change does Diya get (in ₹)?
- 26.Rohan gets ₹40 a week, spends ₹15 each week and saves the rest. How many rupees has Rohan saved after 6 weeks?
- 27.A board game costs ₹580. Offer 1: 10% off. Offer 2: ₹80 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 28.What is the smallest number of coins and notes that make ₹5?
- 29.Pooja has 2 notes of ₹50, 4 notes of ₹20 and 2 coins of ₹1. How many rupees does Pooja have?
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30.Dev’s passbook:
Opening balance: ₹3800
Credit (money in): ₹950
Debit (money out): ₹?
Closing balance: ₹3100
How many rupees was the debit? - 31.Farhan makes 4 clay diyas an hour and sells each one for ₹25. How many rupees can Farhan earn from 2 hours of work?
- 32.How many ₹5 coins make a ₹10 note?
- 33.Shop A sells a school bag for ₹525 with free delivery. Shop B sells it for ₹580 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
- 34.2 storybooks cost ₹330. How much do 9 storybooks cost (in ₹)?
- 35.Which is the same money as one ₹10 note? (a) six 5-rupee coins (b) five 5-rupee coins (c) two 5-rupee coins
- 36.1000 paise is how many rupees? =
- 37.Priya keeps ₹400 in a bank at 7% simple interest per year. How much money will there be after 3 years (in ₹)?
- 38.What is the smallest number of coins and notes that make ₹107?
- 39.Vivaan gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Vivaan do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
- 40.Farhan sees that ₹10000 was sent to a wrong number by mistake. What should Farhan do first? (a) Tell a parent at once (b) Keep it a secret (c) Pay again to fix it
Answer key
- sharpener
- 5
- 28
- 39
- 1 kg bag
- 10-rupee note
- 30
- 76
- 60
- 9
- 300
- medicine when ill
- 5
- 580
- 41
- Yes
- 680
- 110
- 11
- Shop A
- 480
- 85
- 7
- 590
- 34
- 150
- Offer 2
- 1
- 182
- 1650
- 200
- 2
- 125
- 1485
- two 5-rupee coins
- 10
- 484
- 3
- Never share the OTP
- Tell a parent at once
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids