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.Rahul keeps ₹1500 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
- 2.How many ₹1 coins make a ₹5 coin?
- 3.A hair clip costs ₹5.50. Karan pays ₹50. How much change does Karan get, in rupees? =
- 4.Riya wants a cricket bat that costs ₹480. Riya saves ₹30 every week. How many weeks will it take?
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5.Price list: samosa ₹11, sticker sheet ₹5, pencil ₹4, toffee ₹3.
How much do a pencil and a sticker sheet cost together (in ₹)? - 6.Rohan has ₹1000 for a picnic. Food costs ₹410 and tickets cost ₹610. Is ₹1000 enough? (a) No (b) Yes
- 7.Manav has ₹690 for return gifts. Each gift costs ₹20. What is the greatest number of gifts Manav can buy?
- 8.A water bottle costs ₹780. The shop gives 20% off. What is the sale price (in ₹)?
- 9.Vivaan wants a storybook set that costs ₹550, has ₹220 already and saves ₹20 every week. In how many weeks will Vivaan have enough?
- 10.Tara had ₹23. Tara spent ₹14 on an ice candy. How many rupees are left?
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11.Arjun’s passbook:
Opening balance: ₹2100
Credit: ₹100
Credit: ₹100
Debit: ₹500
Debit: ₹150
What is the total of all the credits (in ₹)? - 12.Aarav gets ₹100 pocket money every month. How many rupees is that in one year (12 months)?
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13.Sneha’s passbook:
Opening balance: ₹3300
Credit (money in): ₹950
Debit (money out): ₹?
Closing balance: ₹4200
How many rupees was the debit? - 14.A dozen (12) bananas cost ₹96. What does one cost (in ₹)?
- 15.Zoya has ₹380 for return gifts. Each gift costs ₹30. What is the greatest number of gifts Zoya can buy?
- 16.A cricket bat costs ₹700. Offer 1: 20% off. Offer 2: ₹320 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 17.Isha buys a pencil for ₹4 and a sharpener for ₹9. How many rupees does Isha spend in all?
- 18.Arjun gets ₹27 every day. How many rupees is that in one week (7 days)?
- 19.Tara has 6 notes of ₹20. Sneha has 2 notes of ₹10. How many more rupees does Tara have?
- 20.How many ₹2 coins make a ₹10 note?
- 21.600 paise is how many rupees? =
- 22.₹2 + ₹50 + ₹? = ₹72
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23.Zoya’s passbook:
Opening balance: ₹4100
Debit: ₹50
Credit: ₹450
Debit: ₹450
Debit: ₹100
What is the closing balance (in ₹)? - 24.Diya gets ₹100 pocket money every month. How many rupees is that in one year (12 months)?
- 25.How many ₹5 coins make a ₹50 note?
- 26.Shop A sells a football for ₹275 with free delivery. Shop B sells it for ₹310 plus ₹40 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 27.Shop A sells 6 geometry boxes for ₹630. Shop B sells 3 geometry boxes for ₹330. Which shop is cheaper for one geometry box? (a) Shop A (b) Shop B
- 28.Aditya sees that ₹25000 was sent to a wrong number by mistake. What should Aditya do first? (a) Pay again to fix it (b) Keep it a secret (c) Tell a parent at once
- 29.Vivaan has 3 coins of ₹5. Kavya has 4 notes of ₹20. How many more rupees does Kavya have?
- 30.A school bag costs ₹900. The shop gives 20% off. What is the sale price (in ₹)?
- 31.A school bag costs ₹380. The shop gives 20% off. How many rupees is the discount?
- 32.Ishaan has 10 coins of ₹1. How many rupees does Ishaan have?
- 33.How many coins of ₹5 does Kavya need to make ₹35?
- 34.Of a ₹22000 monthly budget, 25% goes on travel and 10% on clothes. The rest is saved. What percent is saved?
- 35.A cricket bat costs ₹860. The shop gives 50% off. How many rupees is the discount?
- 36.A dozen (12) pencils cost ₹48. What does one cost (in ₹)?
- 37.Rohan has 9 coins of ₹2. Tara has 7 notes of ₹50. Who has more money? (a) Rohan (b) Tara
- 38.A cricket bat costs ₹440. The shop gives 10% off. What is the sale price (in ₹)?
- 39.Shop A sells 2 geometry boxes for ₹240. Shop B sells 3 geometry boxes for ₹330. Which shop is cheaper for one geometry box? (a) Shop B (b) Shop A
- 40.Count up to find the change from ₹20: ₹10 + ₹? = ₹20
Answer key
- 210
- 5
- 44.5
- 16
- 9
- No
- 34
- 624
- 17
- 9
- 200
- 1200
- 50
- 8
- 12
- Offer 2
- 13
- 189
- 100
- 5
- 6
- 20
- 3950
- 1200
- 10
- Shop A
- Shop A
- Tell a parent at once
- 65
- 720
- 76
- 10
- 7
- 65
- 430
- 4
- Tara
- 396
- Shop B
- 10
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids