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.Ananya is making a shopping list. Which of these is a need? (a) a third cricket bat (b) a new party dress (c) sweets every day (d) school shoes
- 2.₹300 + ₹230 =
- 3.Meera gets ₹500 pocket money every month. How many rupees is that in one year (12 months)?
- 4.Lakshmi has 1 note of ₹50, 3 notes of ₹10 and 4 coins of ₹5. How many rupees does Lakshmi have?
- 5.Count up to find the change from ₹50: ₹2 + ₹? = ₹50
- 6.₹14 − ₹6.50 =
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7.Ananya’s passbook:
Opening balance: ₹1300
Credit (money in): ₹550
Debit (money out): ₹550
What is the balance now (in ₹)? - 8.How many ₹10 coins make a ₹100 note?
- 9.Riya buys a mango (₹40), a T-shirt (₹360), a plate of idli (₹40) and a badminton racket (₹360). What is the total (in ₹)?
- 10.550 paise is how many rupees? =
- 11.Dev has 3 coins of ₹1 and 3 coins of ₹5. How many rupees does Dev have?
- 12.Dev’s class stall spends ₹75 to make 15 greeting cards and sells all of them at ₹5 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
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13.Price list: ice candy ₹10, notebook ₹35, eraser ₹3, kite ₹18.
How many rupees more does a kite cost than an eraser? - 14.A balloon costs ₹9 and a sharpener costs ₹7. How many rupees more does the balloon cost?
- 15.Farhan had ₹24. Farhan spent ₹2 on a toffee. How many rupees are left?
- 16.Saanvi had ₹14. Saanvi spent ₹5 on an eraser. How many rupees are left?
- 17.₹9 + ₹20 + ₹10 =
- 18.Gurpreet keeps ₹1900 in a bank. After 4 years the simple interest is ₹304. What is the rate of interest per year (in %)?
- 19.Count up to find the change from ₹200: ₹142 + ₹? = ₹200
- 20.A message says Manav has won ₹1000. It asks for the UPI PIN to send the prize. What is true? (a) Prizes need your PIN (b) No PIN to receive money (c) Enter the PIN quickly
- 21.A stranger asks Isha to scan a QR code to “get” ₹50000. What is true? (a) It gives you money (b) Scanning a QR pays money (c) QR codes are always safe
- 22.A board game costs ₹160. The shop gives 25% off. What is the sale price (in ₹)?
- 23.Sneha keeps ₹1600 in a bank. After 1 year the simple interest is ₹80. What is the rate of interest per year (in %)?
- 24.After 10% off, a football costs ₹882. What was the price before the sale (in ₹)?
- 25.15 children go on a school trip to the planetarium. The bus costs ₹90 for each child and the ticket costs ₹20 for each child. What is the total cost (in ₹)?
- 26.4 pairs of socks cost ₹320. How much do 6 pairs of socks cost (in ₹)?
- 27.Count up to find the change from ₹500: ₹330 + ₹? = ₹500
- 28.Diya has 6 coins of ₹1 and 2 coins of ₹5. How many rupees does Diya have?
- 29.Dev’s class stall spends ₹640 to make 36 cups of lemonade and sells all of them at ₹15 each. What is the loss (in ₹)?
- 30.Rohan had ₹43. Rohan spent ₹25 on a glue stick. How many rupees are left?
- 31.Karan has 6 notes of ₹100. How many rupees does Karan have?
- 32.A dozen (12) oranges cost ₹96. What does one cost (in ₹)?
- 33.Arjun gets ₹5 every day. How many rupees is that in one week (7 days)?
- 34.Meera gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Meera do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
- 35.Priya has 7 notes of ₹10. How many rupees does Priya have?
- 36.What is the smallest number of coins and notes that make ₹8?
- 37.Saanvi has 2 coins of ₹10. How many rupees does Saanvi have?
- 38.A 2 kg bag of sugar costs ₹84. A 1 kg bag costs ₹48. Which bag is cheaper per kg? (a) 2 kg bag (b) 1 kg bag
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39.Kabir’s passbook:
Opening balance: ₹1600
Credit (money in): ₹50
Debit (money out): ₹?
Closing balance: ₹1050
How many rupees was the debit? - 40.Meera spends ₹90 of ₹300 pocket money on books. What percent is that?
Answer key
- school shoes
- 530
- 6000
- 100
- 48
- 7.5
- 1300
- 10
- 800
- 5.5
- 18
- No profit, no loss
- 15
- 2
- 22
- 9
- 39
- 4
- 58
- No PIN to receive money
- Scanning a QR pays money
- 120
- 5
- 980
- 1650
- 480
- 170
- 16
- 100
- 18
- 600
- 8
- 35
- Never share the OTP
- 70
- 3
- 20
- 2 kg bag
- 600
- 30
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids