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.Saanvi’s passbook:
Opening balance: ₹4100
Credit: ₹500
Debit: ₹50
Debit: ₹400
Credit: ₹100
What is the closing balance (in ₹)? - 2.Ishaan has 3 coins of ₹20 and 6 coins of ₹2. How many rupees does Ishaan have?
- 3.₹60 + ₹220 =
- 4.5 badminton rackets cost ₹2500. What does one badminton racket cost (in ₹)?
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5.Price list: samosa ₹14, sticker sheet ₹6, glue stick ₹20, ruler ₹15.
Isha has ₹100 and buys a samosa. How many rupees are left? -
6.Price list: eraser ₹4, kite ₹16, balloon ₹7, biscuit packet ₹14.
How many rupees more does a biscuit packet cost than an eraser? - 7.Zoya gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Zoya do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
- 8.Ishaan has ₹800. In a piggy bank it stays ₹800. In a bank at 5% simple interest per year, how many rupees more will Ishaan have after 4 years?
- 9.₹1100 earns 3% simple interest per year. In how many years will the interest be ₹165?
- 10.Meera makes 4 friendship bands an hour and sells each one for ₹30. How many rupees can Meera earn from 4 hours of work?
- 11.How many ₹2 coins make a ₹10 coin?
- 12.Kabir has a budget of ₹2000 for a birthday party. The juice cost ₹90, the return gifts cost ₹60 and the cake cost ₹200. How many rupees are left?
- 13.Nisha got ₹40 in 4 weeks, the same amount every week. How many rupees is that each week?
- 14.A jacket costs ₹340. Offer 1: 10% off. Offer 2: ₹80 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 15.Meera’s mother has ₹2300 in her bank account. She pays ₹170 for school books and ₹330 for medicines by UPI. How many rupees are left in the account?
- 16.Lakshmi gets ₹5 every day. How many rupees is that in one week (7 days)?
- 17.₹92 − ₹26 =
- 18.How many coins of ₹2 does Karan need to make ₹14?
- 19.Vivaan wants a board game that costs ₹440, has ₹90 already and saves ₹80 every week. In how many weeks will Vivaan have enough?
- 20.Vivaan’s piggy bank has 3 coins of ₹20, 2 coins of ₹2 and 5 coins of ₹1. How many rupees are in it?
- 21.Vivaan buys 5 plates of idli at ₹35 each and pays with a ₹500 note. How much change does Vivaan get (in ₹)?
- 22.Dev had ₹13. Dev spent ₹10 on a sticker sheet. How many rupees are left?
- 23.Kabir saves ₹50 every week for 4 weeks, then buys an art kit for ₹30. How many rupees are left?
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24.Price list: toffee ₹1, ice candy ₹8, banana ₹7, crayon box ₹30.
How much do a crayon box and a banana cost together (in ₹)? - 25.What is the smallest number of coins and notes that make ₹29?
- 26.Priya gets ₹5 every day. How many rupees is that in one week (7 days)?
- 27.Rahul’s piggy bank has 4 coins of ₹20, 3 coins of ₹10 and 1 coin of ₹2. How many rupees are in it?
- 28.Rahul buys a glue stick for ₹22 and an eraser for ₹2. How many rupees does Rahul spend in all?
- 29.Ishaan buys a samosa for ₹17 and pays with a ₹100 note. How much change does Ishaan get (in ₹)?
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30.Zoya’s passbook:
Opening balance: ₹2800
Credit (money in): ₹650
Debit (money out): ₹?
Closing balance: ₹2450
How many rupees was the debit? - 31.Which is worth more: a ₹100 note or a ₹50 note? (a) 50-rupee note (b) 100-rupee note
- 32.Dev gets ₹40 a week, spends ₹20 each week and saves the rest. How many rupees has Dev saved after 4 weeks?
- 33.A family plans ₹29000 for the month. 10% of it is for school fees. How many rupees is that?
- 34.11 children go on a school trip to the museum. The bus costs ₹70 for each child and the ticket costs ₹35 for each child. What is the total cost (in ₹)?
- 35.Lakshmi is making a shopping list. Which of these is a need? (a) a glitter pen set (b) a sticker album (c) bus fare to school (d) a third cricket bat
- 36.₹180 + ₹320 =
- 37.Shop A sells 5 pairs of socks for ₹450. Shop B sells 4 pairs of socks for ₹200. Which shop is cheaper for one pair of socks? (a) Shop B (b) Shop A
- 38.Manav buys a badminton racket (₹600), a lunch box (₹300), a school bag (₹540) and a cricket ball (₹135). What is the total (in ₹)?
- 39.Tara is making a shopping list. Which of these is a want? (a) a schoolbag (b) a bigger TV (c) medicine when ill (d) bus fare to school
- 40.Shop A sells a water bottle for ₹230 with free delivery. Shop B sells it for ₹250 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
Answer key
- 4250
- 72
- 280
- 500
- 86
- 10
- Never share the OTP
- 160
- 5
- 480
- 5
- 1650
- 10
- Offer 2
- 1800
- 35
- 66
- 7
- 5
- 69
- 325
- 3
- 170
- 37
- 4
- 35
- 112
- 24
- 83
- 1000
- 100-rupee note
- 80
- 2900
- 1155
- bus fare to school
- 500
- Shop B
- 1575
- a bigger TV
- 70
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids