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
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1.Meera’s passbook:
Opening balance: ₹2500
Debit: ₹50
Credit: ₹350
Credit: ₹500
Debit: ₹200
What is the closing balance (in ₹)? - 2.10 pens cost ₹120. How much do 8 pens cost (in ₹)?
- 3.Of a ₹47000 monthly budget, 5% goes on food and 20% on travel. The rest is saved. How many rupees are saved?
- 4.Riya has ₹950. First Riya pays for needs: a lunch box (₹240) and a raincoat (₹150). How many rupees are left for wants?
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5.Joseph’s shop bill:
1 school bag at ₹715
3 water bottles at ₹200 each
3 pairs of socks at ₹50 each
What is the total bill (in ₹)? - 6.₹? + ₹100 + ₹20 = ₹130
- 7.Joseph’s father is sending ₹5000 to a friend by UPI. What should he check before he pays? (a) Only the phone colour (b) Nothing at all (c) The name and amount
- 8.Aarav has 4 coins of ₹1 and 4 coins of ₹5. How many rupees does Aarav have?
- 9.One geometry box costs ₹95. How much do 2 geometry boxes cost (in ₹)?
- 10.Gurpreet has 3 notes of ₹20. Aditya has 5 coins of ₹1. How many more rupees does Gurpreet have?
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11.Price list: banana ₹8, eraser ₹4, toffee ₹1, biscuit packet ₹20.
How many rupees more does a banana cost than a toffee? - 12.Which is worth more: a ₹10 note or a ₹2 coin? (a) 2-rupee coin (b) 10-rupee note
- 13.The bill for 2 T-shirts and a pen is ₹422. A T-shirt costs ₹205. What does the pen cost (in ₹)?
- 14.₹2 + ₹? + ₹20 = ₹122
- 15.A dozen (12) oranges cost ₹108. What does one cost (in ₹)?
- 16.A water bottle costs ₹900. The shop gives 50% off. How many rupees is the discount?
- 17.8 geometry boxes cost ₹1200. What does one geometry box cost (in ₹)?
- 18.A study lamp costs ₹180. Offer 1: 20% off. Offer 2: ₹20 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 19.Arjun’s class stall spends ₹165 to make 25 greeting cards and sells all of them at ₹5 each. What is the loss (in ₹)?
- 20.A water bottle costs ₹195 online. Delivery is ₹70 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 21.One tiny sticker costs ₹3.50. How many rupees do 3 tiny stickers cost? =
- 22.A toy train costs ₹720. The shop gives 25% off. How many rupees is the discount?
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23.Price list: samosa ₹15, ruler ₹12, banana ₹7, toffee ₹1.
How much do a banana and a ruler cost together (in ₹)? - 24.A stall pays ₹18 for each greeting card and sells each one for ₹21. It sells 26 greeting cards. What is the total profit (in ₹)?
- 25.A water bottle costs ₹260. The shop gives 10% off. How many rupees is the discount?
- 26.Sneha has ₹1000 for a picnic. Food costs ₹440 and tickets cost ₹470. Is ₹1000 enough? (a) No (b) Yes
- 27.One geometry box costs ₹125. How much do 4 geometry boxes cost (in ₹)?
- 28.How many ₹5 coins make a ₹10 coin?
- 29.Which is the same money as one ₹200 note? (a) five 100-rupee notes (b) four 100-rupee notes (c) two 100-rupee notes
- 30.Meera’s class stall spends ₹780 to make 25 cups of lemonade and sells all of them at ₹30 each. What is the loss (in ₹)?
- 31.Kavya has ₹1000. In a piggy bank it stays ₹1000. In a bank at 5% simple interest per year, how many rupees more will Kavya have after 1 year?
- 32.Sneha has 1 note of ₹200, 3 notes of ₹10 and 2 coins of ₹1. How many rupees does Sneha have?
- 33.Pooja is making a shopping list. Which of these is a want? (a) a raincoat (b) a toy robot (c) school shoes (d) vegetables
- 34.Tara gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Tara do? (a) Read the OTP out (b) Send it by message (c) Never share the OTP
- 35.Isha has a budget of ₹500 for a birthday party. The return gifts cost ₹50, the snacks cost ₹50 and the juice cost ₹50. How many rupees are left?
- 36.Shop A sells a lunch box for ₹280 with free delivery. Shop B sells it for ₹160 plus ₹80 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 37.A pair of shoes costs ₹740. The shop gives 10% off. How many rupees is the discount?
- 38.Saanvi gets ₹25 every day. How many rupees is that in one week (7 days)?
- 39.Rahul has 6 notes of ₹50. How many rupees does Rahul have?
- 40.How many paise are there in ₹3?
Answer key
- 3100
- 96
- 35250
- 560
- 1465
- 10
- The name and amount
- 24
- 190
- 55
- 7
- 10-rupee note
- 12
- 100
- 9
- 450
- 150
- Offer 1
- 40
- 255
- 10.5
- 180
- 19
- 78
- 26
- Yes
- 500
- 2
- two 100-rupee notes
- 30
- 50
- 232
- a toy robot
- Never share the OTP
- 350
- Shop B
- 74
- 175
- 300
- 300
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids