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.Manav keeps ₹1500 in a bank at 5% simple interest per year. How much money will there be after 1 year (in ₹)?
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2.Aarav’s shop bill:
1 school bag at ₹700
1 pair of socks at ₹55
2 geometry boxes at ₹80 each
What is the total bill (in ₹)? - 3.Zoya buys a water bottle for ₹120 and a storybook for ₹170, and pays with a ₹500 note. How much change does Zoya get (in ₹)?
- 4.Kavya saves ₹30 every week for 9 weeks, then buys a cricket bat for ₹120. How many rupees are left?
- 5.The bill for a mango and a pen is ₹41. A mango costs ₹30. What does the pen cost (in ₹)?
- 6.Aarav has ₹18 in a piggy bank. Mausi gives Aarav ₹29 more. How many rupees does Aarav have now?
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7.Arjun’s passbook:
Opening balance: ₹2000
Debit: ₹450
Debit: ₹100
Debit: ₹150
Credit: ₹150
What is the total of all the credits (in ₹)? -
8.Aditya’s passbook:
Opening balance: ₹2900
Credit: ₹100
Credit: ₹350
Debit: ₹50
Credit: ₹300
What is the total of all the debits (in ₹)? - 9.How many paise are there in ₹17?
- 10.Isha’s class stall spends ₹40 to make 13 paper bookmarks and sells all of them at ₹5 each. What is the profit (in ₹)?
- 11.Tara has one ₹50 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 12.Meera has ₹500 for a picnic. Food costs ₹50 and tickets cost ₹540. Is ₹500 enough? (a) No (b) Yes
- 13.₹340 + ₹260 =
- 14.₹14.50 − ₹3.50 =
- 15.₹17.50 − ₹14.50 =
- 16.Tara gets ₹40 a week, spends ₹25 each week and saves the rest. How many rupees has Tara saved after 7 weeks?
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17.Kabir’s passbook:
Opening balance: ₹600
Credit (money in): ₹500
Debit (money out): ₹?
Closing balance: ₹350
How many rupees was the debit? - 18.A stall pays ₹19 for each cupcake and sells each one for ₹29. It sells 15 cupcakes. What is the total profit (in ₹)?
- 19.A 5 kg bag of tomatoes costs ₹135. A 2 kg bag costs ₹44. How many rupees per kg do you save with the cheaper bag?
- 20.Saanvi got ₹440 in 8 weeks, the same amount every week. How many rupees is that each week?
- 21.A storybook costs ₹93. Rahul has ₹20 and ₹5. How many more rupees does Rahul need?
- 22.Rahul wants to save ₹700 for a cricket bat in 7 weeks, the same amount each week. How many rupees must Rahul save each week?
- 23.Farhan had ₹16. Farhan spent ₹7 on a pencil. How many rupees are left?
- 24.Someone online asks Nisha for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) A friend at school (c) No one
- 25.Shop A sells 6 pairs of socks for ₹390. Shop B sells 5 pairs of socks for ₹350. Which shop is cheaper for one pair of socks? (a) Shop A (b) Shop B
- 26.Shop A sells a cricket ball for ₹105 with free delivery. Shop B sells it for ₹145 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 27.A cricket ball costs ₹145 online. Delivery is ₹30 and a coupon takes ₹50 off. What is the final price (in ₹)?
- 28.A board game costs ₹560. The shop gives 50% off. How many rupees is the discount?
- 29.Joseph has ₹35. A crayon box costs ₹30. Does Joseph have enough money to buy it? (a) Yes (b) No
- 30.A 10 kg bag of potatoes costs ₹300. A 2 kg bag costs ₹64. Which bag is cheaper per kg? (a) 2 kg bag (b) 10 kg bag
- 31.Manav has 9 notes of ₹10. Priya has 5 coins of ₹2. Who has more money? (a) Priya (b) Manav
- 32.Saanvi has ₹40. A crayon box costs ₹45. Does Saanvi have enough money to buy it? (a) Yes (b) No
- 33.Joseph has 3 coins of ₹5. Rahul has 7 coins of ₹2. Who has less money? (a) Joseph (b) Rahul
- 34.Lakshmi wants to save ₹900 for a cricket bat in 15 weeks, the same amount each week. How many rupees must Lakshmi save each week?
- 35.A hair clip costs ₹36.50. Ishaan pays ₹50. How much change does Ishaan get, in rupees? =
- 36.The bill for 3 notebooks and a geometry box is ₹195. A notebook costs ₹35. What does the geometry box cost (in ₹)?
- 37.Which coins and notes make exactly ₹23? (a) 20 + 2 + 1 (b) 2 + 1 + 1 (c) 50 + 20 + 2
- 38.Ananya sees that ₹2000 was sent to a wrong number by mistake. What should Ananya do first? (a) Pay again to fix it (b) Tell a parent at once (c) Keep it a secret
- 39.Ishaan spends ₹280 to start a stall and sells each greeting card for ₹15. What is the smallest number Ishaan must sell to get back the ₹280?
- 40.Manav has 3 notes of ₹50 and 1 note of ₹10. How many rupees does Manav have?
Answer key
- 1575
- 915
- 210
- 150
- 11
- 47
- 150
- 50
- 1700
- 25
- Note
- No
- 600
- 11
- 3
- 105
- 750
- 150
- 5
- 55
- 68
- 100
- 9
- No one
- Shop A
- Shop A
- 125
- 280
- Yes
- 10 kg bag
- Manav
- No
- Rahul
- 60
- 13.5
- 90
- 20 + 2 + 1
- Tell a parent at once
- 19
- 160
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