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.Diya wants to save ₹4950 for a bicycle in 33 weeks, the same amount each week. How many rupees must Diya save each week?
- 2.Sneha is making a shopping list. Which of these is a need? (a) vegetables (b) a sticker album (c) a third cricket bat (d) a fancy phone cover
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3.Price list: eraser ₹5, crayon box ₹40, pencil ₹7, balloon ₹6.
How much do an eraser and a balloon cost together (in ₹)? - 4.Tara got ₹320 in 8 weeks, the same amount every week. How many rupees is that each week?
- 5.Rohan’s class stall spends ₹530 to make 15 cups of lemonade and sells all of them at ₹30 each. What is the loss (in ₹)?
- 6.Karan is making a shopping list. Which of these is a need? (a) a toy robot (b) milk (c) a third cricket bat (d) extra comic books
- 7.Shop A sells 4 notebooks for ₹140. Shop B sells 6 notebooks for ₹270. Which shop is cheaper for one notebook? (a) Shop B (b) Shop A
- 8.A stall pays ₹6 for each plate of bhel and sells each one for ₹7. It sells 21 plates of bhel. What is the total profit (in ₹)?
- 9.Manav gets ₹450 pocket money every month. How many rupees is that in one year (12 months)?
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10.Price list: glue stick ₹20, eraser ₹4, sharpener ₹6, crayon box ₹45.
How many rupees more does a crayon box cost than an eraser? - 11.A stranger asks Arjun to scan a QR code to “get” ₹2000. What is true? (a) It gives you money (b) QR codes are always safe (c) Scanning a QR pays money
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12.Pooja’s passbook:
Opening balance: ₹3500
Credit: ₹400
Credit: ₹150
Credit: ₹300
Debit: ₹500
What is the closing balance (in ₹)? - 13.How many ₹20 coins make a ₹100 note?
- 14.Meera gets ₹40 a week, spends ₹10 each week and saves the rest. How many rupees has Meera saved after 2 weeks?
- 15.Vivaan has a budget of ₹1000 for a birthday party. The snacks cost ₹120, the return gifts cost ₹40 and the juice cost ₹150. How many rupees are left?
- 16.Which is the smallest amount: ₹17, ₹22 or ₹66? (a) 66 rupees (b) 17 rupees (c) 22 rupees
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17.Isha’s passbook:
Opening balance: ₹1000
Credit (money in): ₹850
Debit (money out): ₹?
Closing balance: ₹250
How many rupees was the debit? - 18.Shop A sells a badminton racket for ₹520 with free delivery. Shop B sells it for ₹320 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
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19.Price list: biscuit packet ₹13, notebook ₹35, toffee ₹2, banana ₹4.
How much do 4 bananas cost (in ₹)? - 20.The bill for a badminton racket and a T-shirt is ₹575. A badminton racket costs ₹330. What does the T-shirt cost (in ₹)?
- 21.Manav’s piggy bank has 2 coins of ₹20, 2 coins of ₹10 and 1 coin of ₹2. How many rupees are in it?
- 22.₹300 − ₹160 =
- 23.A stall pays ₹7 for each cupcake and sells each one for ₹14. It sells 20 cupcakes. What is the total profit (in ₹)?
- 24.Ananya spends ₹190 to start a stall and sells each plate of bhel for ₹5. What is the smallest number Ananya must sell to get back the ₹190?
- 25.After 50% off, a school bag costs ₹460. What was the price before the sale (in ₹)?
- 26.5 pairs of socks cost ₹350. What does one pair of socks cost (in ₹)?
- 27.1500 paise is how many rupees? =
- 28.Isha gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Isha do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
- 29.₹180 + ₹160 =
- 30.For Nisha, is “milk” a need or a want? (a) Need (b) Want
- 31.₹1700 earns 9% simple interest per year. In how many years will the interest be ₹765?
- 32.Vivaan buys a toffee for ₹1 and a balloon for ₹9, and pays ₹50. How much change does Vivaan get (in ₹)?
- 33.Isha buys 2 kites at ₹11 each and pays ₹50. How much change does Isha get (in ₹)?
- 34.Which is the same money as one ₹200 note? (a) six 100-rupee notes (b) five 100-rupee notes (c) two 100-rupee notes
- 35.Gurpreet spends ₹270 to start a stall and sells each clay diya for ₹10. What is the smallest number Gurpreet must sell to get back the ₹270?
- 36.2000 paise is how many rupees? =
- 37.A dozen (12) pencils cost ₹48. What does one cost (in ₹)?
- 38.₹920 − ₹400 =
- 39.A 5 kg bag of sugar costs ₹240. A 2 kg bag costs ₹82. How many rupees per kg do you save with the cheaper bag?
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40.Kabir’s passbook:
Opening balance: ₹1400
Credit (money in): ₹50
Debit (money out): ₹350
What is the balance now (in ₹)?
Answer key
- 150
- vegetables
- 11
- 40
- 80
- milk
- Shop A
- 21
- 5400
- 41
- Scanning a QR pays money
- 3850
- 5
- 60
- 690
- 17 rupees
- 1600
- 150
- 16
- 245
- 62
- 140
- 140
- 38
- 920
- 70
- 15
- Never share the OTP
- 340
- Need
- 5
- 40
- 28
- two 100-rupee notes
- 27
- 20
- 4
- 520
- 7
- 1100
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids