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 family plans ₹10000 for the month. 10% of it is for school fees. How many rupees is that?
- 2.A pair of shoes costs ₹280. The shop gives 20% off. How many rupees is the discount?
- 3.Diya is making a shopping list. Which of these is a want? (a) rice and dal (b) extra comic books (c) soap (d) school shoes
- 4.₹48 − ₹27 =
- 5.There are 20 children in a class. Each child needs one plate of idli at ₹35. What is the total cost (in ₹)?
- 6.For Ananya, is “a third cricket bat” a need or a want? (a) Need (b) Want
- 7.Meera has 3 notes of ₹100, 3 notes of ₹10 and 3 coins of ₹5. How many rupees does Meera have?
- 8.Riya’s class stall spends ₹780 to make 25 paper bookmarks and sells all of them at ₹30 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
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9.Rahul’s passbook:
Opening balance: ₹2800
Credit: ₹50
Credit: ₹150
Debit: ₹100
Credit: ₹50
What is the total of all the credits (in ₹)? - 10.Diya has a budget of ₹1500 for a birthday party. The decorations cost ₹90, the return gifts cost ₹210 and the snacks cost ₹60. How many rupees are left?
- 11.Meera has 3 notes of ₹200, 4 notes of ₹10 and 4 coins of ₹5. How many rupees does Meera have?
- 12.Kavya has 9 notes of ₹50. Isha has 5 coins of ₹2. Who has more money? (a) Kavya (b) Isha
- 13.Priya has one ₹200 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 14.A ruler costs ₹12. Dev pays ₹50. How much change does Dev get (in ₹)?
- 15.Gurpreet has 5 coins of ₹2. How many rupees does Gurpreet have?
- 16.₹50 + ₹? + ₹100 = ₹151
- 17.Vivaan has a budget of ₹1000 for a birthday party. The return gifts cost ₹60, the decorations cost ₹60 and the juice cost ₹80. How many rupees are left?
- 18.How many cricket balls can you buy with ₹270 if one costs ₹135?
- 19.How many coins of ₹2 does Joseph need to make ₹10?
- 20.Arjun wants to save ₹330 for a board game in 11 weeks, the same amount each week. How many rupees must Arjun save each week?
- 21.₹18 − ₹1.50 =
- 22.A school bag costs ₹180. The shop gives 10% off. What is the sale price (in ₹)?
- 23.₹500 earns 7% simple interest per year. In how many years will the interest be ₹35?
- 24.Count up to find the change from ₹500: ₹123 + ₹? = ₹500
- 25.Rohan has 7 coins of ₹1. Kabir has 2 notes of ₹20. Who has less money? (a) Kabir (b) Rohan
- 26.Manav gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Manav do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
- 27.₹14 + ₹31 + ₹9 =
- 28.How many paise are there in ₹13?
- 29.How many notes of ₹20 make ₹40?
- 30.Which is worth more: a ₹50 note or a ₹10 coin? (a) 10-rupee coin (b) 50-rupee note
- 31.3 friends run a stall selling paper bookmarks and make a profit of ₹1140. They share it equally. How many rupees does each friend get?
- 32.A board game costs ₹820. Offer 1: 10% off. Offer 2: ₹310 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 33.A 2 kg bag of tomatoes costs ₹60. A 10 kg bag costs ₹230. Which bag is cheaper per kg? (a) 2 kg bag (b) 10 kg bag
- 34.Riya has 10 coins of ₹10. How many rupees does Riya have?
- 35.A football costs ₹220. The shop gives 10% off. What is the sale price (in ₹)?
- 36.A ruler costs ₹14. Priya pays ₹20. How much change does Priya get (in ₹)?
- 37.Which is worth more: a ₹500 note or a ₹20 coin? (a) 500-rupee note (b) 20-rupee coin
- 38.What do 5 water bottles at ₹120 each and 2 storybooks at ₹165 each cost in all (in ₹)?
- 39.Ishaan has ₹9. A banana costs ₹6. Does Ishaan have enough money to buy it? (a) Yes (b) No
- 40.Of a ₹19000 monthly budget, 5% goes on rent and 30% on travel. The rest is saved. What percent is saved?
Answer key
- 1000
- 56
- extra comic books
- 21
- 700
- Want
- 345
- Loss
- 250
- 1140
- 660
- Kavya
- Note
- 38
- 10
- 1
- 800
- 2
- 5
- 30
- 16.5
- 162
- 1
- 377
- Rohan
- Never share the OTP
- 54
- 1300
- 2
- 50-rupee note
- 380
- Offer 2
- 10 kg bag
- 100
- 198
- 6
- 500-rupee note
- 930
- Yes
- 65
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids