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
- 1.4 badminton rackets cost ₹2100. How much do 3 badminton rackets cost (in ₹)?
- 2.Someone online asks Ishaan for the family UPI PIN. Who should ever be told a PIN or OTP? (a) No one (b) A friend at school (c) A caller from the bank
- 3.Kabir buys a plate of idli for ₹35 and pays with a ₹100 note. How much change does Kabir get (in ₹)?
- 4.2 geometry boxes cost ₹230. How much do 10 geometry boxes cost (in ₹)?
- 5.A cricket ball costs ₹100 online. Delivery is ₹80 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 6.Sneha spends ₹300 to start a stall and sells each paper bookmark for ₹10. What is the smallest number Sneha must sell to get back the ₹300?
- 7.The bill for a mango and a water bottle is ₹170. A mango costs ₹35. What does the water bottle cost (in ₹)?
- 8.A toy train costs ₹140. The shop gives 25% off. What is the sale price (in ₹)?
- 9.Zoya keeps ₹300 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
- 10.Which is worth more: a ₹100 note or a ₹10 note? (a) 10-rupee note (b) 100-rupee note
- 11.Riya buys a toffee for ₹3 and a crayon box for ₹45, and pays ₹50. How much change does Riya get (in ₹)?
- 12.Rahul has a budget of ₹1500 for a birthday party. The balloons cost ₹30, the juice cost ₹120 and the snacks cost ₹310. How many rupees are left?
- 13.Priya has one ₹200 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 14.₹400 earns 2% simple interest per year. In how many years will the interest be ₹8?
- 15.Kabir has 1 note of ₹500 and 5 notes of ₹20. How many rupees does Kabir have?
- 16.Which is the smallest amount: ₹25, ₹40 or ₹64? (a) 64 rupees (b) 25 rupees (c) 40 rupees
- 17.An eraser costs ₹2. Manav pays ₹10. How much change does Manav get (in ₹)?
- 18.Someone online asks Lakshmi for the family UPI PIN. Who should ever be told a PIN or OTP? (a) No one (b) A caller from the bank (c) A friend at school
- 19.Count up to find the change from ₹500: ₹270 + ₹? = ₹500
- 20.Lakshmi gets a link: “Click now to win a phone worth ₹2000!” What should Lakshmi do? (a) Click it to win (b) Ignore it, tell a parent (c) Send it to friends
- 21.₹26 + ₹30 =
- 22.Diya wants to save ₹300 for an art kit in 15 weeks, the same amount each week. How many rupees must Diya save each week?
- 23.3 friends run a stall selling cupcakes and make a profit of ₹180. They share it equally. How many rupees does each friend get?
- 24.A ruler costs ₹9. Meera pays ₹10. How much change does Meera get (in ₹)?
- 25.Sneha is making a shopping list. Which of these is a need? (a) a toy robot (b) medicine when ill (c) a fancy phone cover (d) a remote-control car
- 26.Karan’s class stall spends ₹290 to make 38 paper bookmarks and sells all of them at ₹15 each. What is the profit (in ₹)?
- 27.Ishaan spends ₹250 of ₹500 pocket money on books. What percent is that?
- 28.Meera has ₹800 for a picnic. Food costs ₹300 and tickets cost ₹420. Is ₹800 enough? (a) No (b) Yes
- 29.Kavya sells 27 paper bookmarks at ₹15 each. How many rupees does Kavya get?
- 30.A badminton racket costs ₹565 online. Delivery is ₹60 and a coupon takes ₹50 off. What is the final price (in ₹)?
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31.Price list: crayon box ₹30, notebook ₹25, samosa ₹16, kite ₹10.
Sneha has ₹20 and buys a samosa. How many rupees are left? - 32.For Sneha, is “a raincoat” a need or a want? (a) Need (b) Want
- 33.2 colour pencil sets cost ₹140. How much do 6 colour pencil sets cost (in ₹)?
- 34.Vivaan buys 4 notebooks at ₹30 each and pays with a ₹500 note. How much change does Vivaan get (in ₹)?
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35.Kavya’s shop bill:
1 pen at ₹12
3 notebooks at ₹50 each
2 geometry boxes at ₹140 each
What is the total bill (in ₹)? - 36.Which is worth more: a ₹20 note or a ₹500 note? (a) 500-rupee note (b) 20-rupee note
- 37.Arjun has ₹550. First Arjun pays for needs: a school uniform (₹120) and a raincoat (₹50). How many rupees are left for wants?
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38.Farhan’s passbook:
Opening balance: ₹2100
Debit: ₹200
Credit: ₹350
Credit: ₹350
Debit: ₹500
What is the closing balance (in ₹)? - 39.The bill for 3 storybooks and a badminton racket is ₹845. A storybook costs ₹170. What does the badminton racket cost (in ₹)?
- 40.Pooja buys a storybook for ₹160 and a plate of idli for ₹40, and pays with a ₹500 note. How much change does Pooja get (in ₹)?
Answer key
- 1575
- No one
- 65
- 1150
- 170
- 30
- 135
- 105
- 312
- 100-rupee note
- 2
- 1040
- Note
- 1
- 600
- 25 rupees
- 8
- No one
- 230
- Ignore it, tell a parent
- 56
- 20
- 60
- 1
- medicine when ill
- 280
- 50
- Yes
- 405
- 575
- 4
- Need
- 420
- 380
- 442
- 500-rupee note
- 380
- 2100
- 335
- 300
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids