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.Sneha’s mother has ₹1400 in her bank account. She pays ₹280 for milk and ₹200 for fruit by UPI. How many rupees are left in the account?
- 2.Of a ₹6000 monthly budget, 30% goes on food and 25% on rent. The rest is saved. What percent is saved?
- 3.Count up to find the change from ₹10: ₹8 + ₹? = ₹10
- 4.How many notes of ₹200 make ₹400?
- 5.A water bottle costs ₹240. Offer 1: 10% off. Offer 2: ₹50 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 6.₹700 − ₹650 =
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7.Arjun’s passbook:
Opening balance: ₹3900
Debit: ₹300
Credit: ₹300
Credit: ₹200
Debit: ₹200
What is the total of all the debits (in ₹)? - 8.Aditya has ₹500. First Aditya pays for needs: a lunch box (₹60) and a school uniform (₹110). How many rupees are left for wants?
- 9.Someone online asks Lakshmi for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) No one (c) A friend at school
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10.Price list: samosa ₹19, ice candy ₹9, toffee ₹1, eraser ₹4.
How much do a samosa and a toffee cost together (in ₹)? -
11.Saanvi’s shop bill:
2 lunch boxes at ₹165 each
2 storybooks at ₹155 each
3 notebooks at ₹50 each
What is the total bill (in ₹)? - 12.Meera keeps ₹1200 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 2 years?
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13.Priya’s shop bill:
4 pens at ₹20 each
4 T-shirts at ₹260 each
1 school bag at ₹635
What is the total bill (in ₹)? - 14.Rohan buys a mango for ₹25 and a colour pencil set for ₹60, and pays with a ₹500 note. How much change does Rohan get (in ₹)?
- 15.Which coins and notes make exactly ₹53? (a) 50 + 20 + 1 (b) 50 + 1 + 1 (c) 50 + 2 + 1
- 16.20 children go on a school trip to the science park. The bus costs ₹30 for each child and the ticket costs ₹45 for each child. What is the total cost (in ₹)?
- 17.The bill for 2 pens and a cricket ball is ₹142. A pen costs ₹21. What does the cricket ball cost (in ₹)?
- 18.5 badminton rackets cost ₹2200. What does one badminton racket cost (in ₹)?
- 19.Saanvi buys a pair of socks for ₹65 and pays with a ₹100 note. How much change does Saanvi get (in ₹)?
- 20.Priya has ₹1300. In a piggy bank it stays ₹1300. In a bank at 4% simple interest per year, how many rupees more will Priya have after 2 years?
- 21.Count up to find the change from ₹500: ₹134 + ₹? = ₹500
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22.Joseph’s passbook:
Opening balance: ₹5000
Credit (money in): ₹400
Debit (money out): ₹3050
What is the balance now (in ₹)? - 23.Diya spends ₹25 of ₹500 pocket money on books. What percent is that?
- 24.Isha buys 2 biscuit packets at ₹16 each and pays ₹50. How much change does Isha get (in ₹)?
- 25.₹30 − ₹17 =
- 26.Shop A sells a school bag for ₹495 with free delivery. Shop B sells it for ₹725 plus ₹80 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 27.Zoya is making a shopping list. Which of these is a need? (a) vegetables (b) a sticker album (c) a fancy phone cover (d) sweets every day
- 28.Of a ₹34000 monthly budget, 50% goes on rent and 10% on electricity. The rest is saved. What percent is saved?
- 29.Kavya has 3 coins of ₹1. How many rupees does Kavya have?
- 30.₹460 − ₹50 =
- 31.Sneha gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Sneha do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
- 32.Count up to find the change from ₹50: ₹26 + ₹? = ₹50
- 33.A 1 kg bag of dal costs ₹138. A 10 kg bag costs ₹920. Which bag is cheaper per kg? (a) 10 kg bag (b) 1 kg bag
- 34.A school bag costs ₹1000. The shop gives 25% off. What is the sale price (in ₹)?
- 35.The bill for 4 pens and a storybook is ₹146. A pen costs ₹14. What does the storybook cost (in ₹)?
- 36.Lakshmi’s father is sending ₹5000 to a friend by UPI. What should he check before he pays? (a) Only the phone colour (b) The name and amount (c) Nothing at all
- 37.Count up to find the change from ₹100: ₹33 + ₹? = ₹100
- 38.Aarav’s class stall spends ₹615 to make 25 cups of lemonade and sells all of them at ₹25 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 39.Which coins and notes make exactly ₹65? (a) 50 + 5 + 2 (b) 50 + 10 + 5 (c) 10 + 5 + 5
- 40.Arjun buys a geometry box for ₹85 and pays with a ₹100 note. How much change does Arjun get (in ₹)?
Answer key
- 920
- 45
- 2
- 2
- Offer 2
- 50
- 500
- 330
- No one
- 20
- 790
- 144
- 1755
- 415
- 50 + 2 + 1
- 1500
- 100
- 440
- 35
- 104
- 366
- 2350
- 5
- 18
- 13
- Shop A
- vegetables
- 40
- 3
- 410
- Never share the OTP
- 24
- 10 kg bag
- 750
- 90
- The name and amount
- 67
- Profit
- 50 + 10 + 5
- 15
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