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.Which is the same money as one ₹10 note? (a) five 5-rupee coins (b) six 5-rupee coins (c) two 5-rupee coins
- 2.Priya wants to save ₹200 for an art kit in 2 weeks, the same amount each week. How many rupees must Priya save each week?
- 3.Rohan’s class stall spends ₹105 to make 15 plates of bhel and sells all of them at ₹5 each. What is the loss (in ₹)?
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4.Ananya’s passbook:
Opening balance: ₹4700
Credit (money in): ₹400
Debit (money out): ₹?
Closing balance: ₹950
How many rupees was the debit? - 5.Which is the same money as one ₹20 note? (a) four 5-rupee coins (b) six 5-rupee coins (c) two 5-rupee coins
- 6.Shop A sells 4 pens for ₹52. Shop B sells 2 pens for ₹34. Which shop is cheaper for one pen? (a) Shop B (b) Shop A
- 7.Farhan’s mother scans a shop’s QR code to pay ₹5000. What should she check before she pays? (a) Nothing, just pay (b) The colour of the code (c) The name of the shop
- 8.8 school bags cost ₹5880. What does one school bag cost (in ₹)?
- 9.₹38 + ₹50 =
- 10.The bill for 3 plates of idli and a water bottle is ₹305. A plate of idli costs ₹60. What does the water bottle cost (in ₹)?
- 11.A stall pays ₹10 for each paper bookmark and sells each one for ₹12. It sells 21 paper bookmarks. What is the total profit (in ₹)?
- 12.Saanvi has ₹900. First Saanvi pays for needs: a water bottle (₹180) and socks (₹210). How many rupees are left for wants?
- 13.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) Never share the OTP (c) Read the OTP out
- 14.Meera keeps ₹600 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
- 15.₹100 + ₹? + ₹2 = ₹103
- 16.Nisha has ₹300 for a picnic. Food costs ₹70 and tickets cost ₹330. Is ₹300 enough? (a) Yes (b) No
- 17.Manav has ₹220 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Manav can buy?
- 18.A raincoat costs ₹200. Offer 1: 20% off. Offer 2: ₹10 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 19.What is the smallest number of coins and notes that make ₹63?
- 20.There are 18 children in a class. Each child needs one samosa at ₹17. What is the total cost (in ₹)?
- 21.A stall pays ₹18 for each clay diya and sells each one for ₹22. It sells 11 clay diyas. What is the total profit (in ₹)?
- 22.Vivaan buys a geometry box for ₹130 and a water bottle for ₹140, and pays with a ₹500 note. How much change does Vivaan get (in ₹)?
- 23.A family plans ₹43000 for the month. 5% of it is for food. How many rupees is that?
- 24.₹17.50 + ₹2.50 =
- 25.Meera’s piggy bank has 5 coins of ₹20, 1 coin of ₹10 and 1 coin of ₹5. How many rupees are in it?
- 26.Aditya had ₹40. Aditya spent ₹7 on a sticker sheet. How many rupees are left?
- 27.A pair of shoes costs ₹820. The shop gives 10% off. What is the sale price (in ₹)?
- 28.Shop A sells 3 colour pencil sets for ₹270. Shop B sells 5 colour pencil sets for ₹550. Which shop is cheaper for one colour pencil set? (a) Shop B (b) Shop A
- 29.How many mangoes can you buy with ₹480 if one costs ₹40?
- 30.Arjun wants a football that costs ₹380. Arjun saves ₹20 every week. How many weeks will it take?
- 31.Isha has ₹800. In a piggy bank it stays ₹800. In a bank at 8% simple interest per year, how many rupees more will Isha have after 2 years?
- 32.Kavya has 4 notes of ₹50. Arjun has 3 notes of ₹20. How many more rupees does Kavya have?
- 33.Shop A sells a water bottle for ₹175 with free delivery. Shop B sells it for ₹155 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 34.Nisha has ₹960 for return gifts. Each gift costs ₹30. What is the greatest number of gifts Nisha can buy?
- 35.A banana costs ₹7. Zoya pays ₹20. How much change does Zoya get (in ₹)?
- 36.Kabir’s mother has ₹1300 in her bank account. She pays ₹120 for a gas cylinder and ₹250 for bread by UPI. How many rupees are left in the account?
- 37.Which coins and notes make exactly ₹130? (a) 100 + 20 + 10 (b) 100 + 10 + 2 (c) 100 + 10 + 5
- 38.Dev’s class stall spends ₹150 to make 16 cupcakes and sells all of them at ₹10 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 39.What is the smallest number of coins and notes that make ₹65?
- 40.Lakshmi has 1 note of ₹100 and 1 note of ₹20. How many rupees does Lakshmi have?
Answer key
- two 5-rupee coins
- 100
- 30
- 4150
- four 5-rupee coins
- Shop A
- The name of the shop
- 735
- 88
- 125
- 42
- 510
- Never share the OTP
- 84
- 1
- No
- 14
- Offer 1
- 4
- 306
- 44
- 230
- 2150
- 20
- 115
- 33
- 738
- Shop A
- 12
- 19
- 128
- 140
- Shop A
- 32
- 13
- 930
- 100 + 20 + 10
- Profit
- 3
- 120
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids