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.Manav’s class stall spends ₹860 to make 38 friendship bands and sells all of them at ₹30 each. What is the profit (in ₹)?
- 2.Count up to find the change from ₹20: ₹7 + ₹? = ₹20
- 3.₹5 + ₹2 + ₹? = ₹107
- 4.A family plans ₹33000 for the month. 50% of it is for clothes. How many rupees is that?
- 5.Aditya buys a ruler for ₹9 and a toffee for ₹2. How many rupees does Aditya spend in all?
- 6.Shop A sells 3 plates of idli for ₹105. Shop B sells 6 plates of idli for ₹180. Which shop is cheaper for one plate of idli? (a) Shop A (b) Shop B
- 7.Rohan has ₹900. First Rohan pays for needs: a raincoat (₹230) and a school uniform (₹150). How many rupees are left for wants?
- 8.Manav gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Manav do? (a) Send it by message (b) Never share the OTP (c) Read the OTP out
- 9.Manav’s mother scans a shop’s QR code to pay ₹25000. What should she check before she pays? (a) The colour of the code (b) Nothing, just pay (c) The name of the shop
- 10.Vivaan spends ₹160 of ₹400 pocket money on books. What percent is that?
- 11.Isha has 9 coins of ₹1. How many rupees does Isha have?
- 12.2 plates of idli cost ₹110. What does one plate of idli cost (in ₹)?
- 13.Lakshmi has 1 note of ₹100, 4 notes of ₹10 and 4 coins of ₹2. How many rupees does Lakshmi have?
- 14.Dev saves ₹20 every week for 7 weeks, then buys a wristwatch for ₹110. How many rupees are left?
- 15.Nisha keeps ₹1800 in a bank. After 5 years the simple interest is ₹540. What is the rate of interest per year (in %)?
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16.Meera’s passbook:
Opening balance: ₹4900
Credit: ₹450
Credit: ₹200
Debit: ₹350
Debit: ₹300
What is the total of all the debits (in ₹)? - 17.The bill for 3 plates of idli and a pen is ₹151. A plate of idli costs ₹45. What does the pen cost (in ₹)?
- 18.₹1.50 + ₹16.50 =
- 19.For Gurpreet, is “notebooks for school” a need or a want? (a) Want (b) Need
- 20.Zoya buys a toffee for ₹2 and a biscuit packet for ₹19. How many rupees does Zoya spend in all?
- 21.Pooja has a budget of ₹1500 for a birthday party. The cake cost ₹90, the snacks cost ₹340 and the juice cost ₹330. How many rupees are left?
- 22.Lakshmi buys a pair of socks for ₹75 and pays with a ₹100 note. How much change does Lakshmi get (in ₹)?
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23.Dev’s passbook:
Opening balance: ₹4200
Credit: ₹450
Debit: ₹300
Debit: ₹100
Credit: ₹250
What is the closing balance (in ₹)? - 24.Nisha has 5 notes of ₹100. How many rupees does Nisha have?
- 25.A water bottle costs ₹190 online. Delivery is ₹30 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 26.A balloon costs ₹6 and a banana costs ₹8. How many rupees more does the banana cost?
- 27.7 water bottles cost ₹1050. What does one water bottle cost (in ₹)?
- 28.Gurpreet buys a pair of socks (₹90), a notebook (₹50), a water bottle (₹130) and a pen (₹18). What is the total (in ₹)?
- 29.How many notes of ₹20 make ₹140?
- 30.Joseph is making a shopping list. Which of these is a need? (a) a video game (b) a new party dress (c) a fancy phone cover (d) bus fare to school
- 31.Nisha is making a shopping list. Which of these is a need? (a) designer sunglasses (b) a third cricket bat (c) extra comic books (d) a schoolbag
- 32.Rohan has 8 coins of ₹20. How many rupees does Rohan have?
- 33.₹86 − ₹17 =
- 34.9 pens cost ₹135. What does one pen cost (in ₹)?
- 35.A paint box costs ₹47. Pooja has ₹20 and ₹5. How many more rupees does Pooja need?
- 36.How many ₹20 notes make a ₹100 note?
- 37.Isha is making a shopping list. Which of these is a want? (a) soap (b) notebooks for school (c) medicine when ill (d) designer sunglasses
- 38.2 colour pencil sets cost ₹220. How much do 3 colour pencil sets cost (in ₹)?
- 39.Which is worth the most: a ₹50 note, a ₹500 note or a ₹5 coin? (a) 500-rupee note (b) 5-rupee coin (c) 50-rupee note
- 40.Rahul gets ₹450 pocket money every month. How many rupees is that in one year (12 months)?
Answer key
- 280
- 13
- 100
- 16500
- 11
- Shop B
- 520
- Never share the OTP
- The name of the shop
- 40
- 9
- 55
- 148
- 30
- 6
- 650
- 16
- 18
- Need
- 21
- 740
- 25
- 4500
- 500
- 200
- 2
- 150
- 288
- 7
- bus fare to school
- a schoolbag
- 160
- 69
- 15
- 22
- 5
- designer sunglasses
- 330
- 500-rupee note
- 5400
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids