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.What is the smallest number of coins and notes that make ₹98?
- 2.Manav keeps ₹1800 in a bank. After 3 years the simple interest is ₹324. What is the rate of interest per year (in %)?
- 3.Shop A sells 5 cricket balls for ₹650. Shop B sells 2 cricket balls for ₹220. What does one cricket ball cost at the cheaper shop (in ₹)?
- 4.Riya has 7 notes of ₹50. How many rupees does Riya have?
- 5.₹97 − ₹5 =
- 6.Ishaan has ₹20. A biscuit packet costs ₹18. Does Ishaan have enough money to buy it? (a) Yes (b) No
- 7.₹10 + ₹? + ₹5 = ₹17
- 8.What is the smallest number of coins and notes that make ₹3?
- 9.8 notebooks cost ₹320. How much do 3 notebooks cost (in ₹)?
- 10.Farhan gets ₹70 a week, spends ₹10 each week and saves the rest. How many rupees has Farhan saved after 3 weeks?
- 11.Farhan is making a shopping list. Which of these is a need? (a) a sticker album (b) a remote-control car (c) a fancy phone cover (d) milk
- 12.A pair of shoes costs ₹560. The shop gives 10% off. How many rupees is the discount?
- 13.How many mangoes can you buy with ₹330 if one costs ₹30?
- 14.Gurpreet gets ₹23 every day. How many rupees is that in one week (7 days)?
- 15.₹38 − ₹23 =
- 16.One sticker sheet costs ₹11. A pack of 3 sticker sheets costs ₹29. How many rupees do you save by buying the pack instead of 3 single ones?
- 17.Someone online asks Kabir 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
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18.Meera’s passbook:
Opening balance: ₹2800
Debit: ₹50
Debit: ₹350
Debit: ₹500
Credit: ₹350
What is the closing balance (in ₹)? - 19.Aarav spends ₹40 of ₹800 pocket money on books. What percent is that?
- 20.Which is worth the most: a ₹20 note, a ₹2 coin or a ₹10 coin? (a) 20-rupee note (b) 2-rupee coin (c) 10-rupee coin
- 21.₹? + ₹100 + ₹2 = ₹152
- 22.How many notes of ₹10 make ₹50?
- 23.There are 21 children in a class. Each child needs one pen at ₹10. What is the total cost (in ₹)?
- 24.A stall pays ₹11 for each friendship band and sells each one for ₹16. It sells 33 friendship bands. What is the total profit (in ₹)?
- 25.Rahul has ₹500. In a piggy bank it stays ₹500. In a bank at 2% simple interest per year, how many rupees more will Rahul have after 5 years?
- 26.Nisha gets ₹65 pocket money every week. How many rupees is that in 2 weeks?
- 27.10 cricket balls cost ₹1450. How much do 7 cricket balls cost (in ₹)?
- 28.Riya sells 40 cupcakes at ₹20 each. How many rupees does Riya get?
- 29.₹34 + ₹14 =
- 30.₹72 + ₹21 =
- 31.Shop A sells 6 notebooks for ₹300. Shop B sells 5 notebooks for ₹225. Which shop is cheaper for one notebook? (a) Shop A (b) Shop B
- 32.Pooja has ₹300 for return gifts. Each gift costs ₹20. What is the greatest number of gifts Pooja can buy?
- 33.Joseph gets ₹45 pocket money every week. How many rupees is that in 4 weeks?
- 34.2 friends run a stall selling paper bookmarks and make a profit of ₹180. They share it equally. How many rupees does each friend get?
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35.Price list: juice box ₹20, balloon ₹10, banana ₹8, kite ₹15.
Which item costs the least? (a) juice box (b) balloon (c) kite (d) banana - 36.5 friends run a stall selling greeting cards and make a profit of ₹2500. They share it equally. How many rupees does each friend get?
- 37.7 water bottles cost ₹840. What does one water bottle cost (in ₹)?
- 38.Meera wants a board game that costs ₹330. Meera saves ₹30 every week. How many weeks will it take?
- 39.Kabir has 10 coins of ₹20. How many rupees does Kabir have?
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40.Price list: banana ₹4, sticker sheet ₹5, toffee ₹1, juice box ₹20.
How much do 4 bananas cost (in ₹)?
Answer key
- 6
- 6
- 110
- 350
- 92
- Yes
- 2
- 2
- 120
- 180
- milk
- 56
- 11
- 161
- 15
- 4
- No one
- 2250
- 5
- 20-rupee note
- 50
- 5
- 210
- 165
- 50
- 130
- 1015
- 800
- 48
- 93
- Shop B
- 15
- 180
- 90
- banana
- 500
- 120
- 11
- 200
- 16
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids