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.Priya has 3 notes of ₹10. How many rupees does Priya have?
- 2.Saanvi takes out ₹1200 from an ATM. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 3.Aditya wants a wristwatch that costs ₹1080. Aditya saves ₹20 every week. How many weeks will it take?
- 4.Gurpreet gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Gurpreet do? (a) Read the OTP out (b) Never share the OTP (c) Send it by message
- 5.Aditya wants to save ₹540 for a football in 18 weeks, the same amount each week. How many rupees must Aditya save each week?
- 6.After 10% off, a pair of shoes costs ₹558. What was the price before the sale (in ₹)?
- 7.Diya has 4 notes of ₹100. Riya has 7 notes of ₹50. Who has more money? (a) Riya (b) Diya
- 8.Farhan has 3 coins of ₹5 and 6 coins of ₹2. How many rupees does Farhan have?
- 9.Ananya has 3 notes of ₹100. How many rupees does Ananya have?
- 10.Saanvi gets ₹20 every day. How many rupees is that in one week (7 days)?
- 11.Ananya is making a shopping list. Which of these is a need? (a) a sticker album (b) a schoolbag (c) a video game (d) extra comic books
- 12.How many notes of ₹50 make ₹350?
- 13.A message says Lakshmi has won ₹10000. It asks for the UPI PIN to send the prize. What is true? (a) No PIN to receive money (b) Enter the PIN quickly (c) Prizes need your PIN
- 14.Shop A sells a football for ₹430 with free delivery. Shop B sells it for ₹305 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
- 15.One tiny sticker costs ₹1.50. How many rupees do 7 tiny stickers cost? =
- 16.A dozen (12) bananas cost ₹72. What does one cost (in ₹)?
- 17.Zoya buys a pen for ₹15 and pays with a ₹100 note. How much change does Zoya get (in ₹)?
- 18.₹20 + ₹? + ₹1 = ₹31
- 19.For Rahul, is “medicine when ill” a need or a want? (a) Need (b) Want
- 20.Shop A sells a school bag for ₹610 with free delivery. Shop B sells it for ₹555 plus ₹80 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 21.Karan has 1 note of ₹20 and 4 notes of ₹10. How many rupees does Karan have?
- 22.Which is the smallest amount: ₹22, ₹50 or ₹16? (a) 22 rupees (b) 16 rupees (c) 50 rupees
- 23.Shop A sells a T-shirt for ₹210 with free delivery. Shop B sells it for ₹325 plus ₹40 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 24.Kavya has a budget of ₹500 for a birthday party. The snacks cost ₹40, the return gifts cost ₹110 and the juice cost ₹70. How many rupees are left?
- 25.Rahul buys a sharpener for ₹5 and a ruler for ₹13, and pays ₹50. How much change does Rahul get (in ₹)?
- 26.Dev had ₹48. Dev spent ₹30 on a juice box. How many rupees are left?
- 27.₹900 earns 3% simple interest per year. In how many years will the interest be ₹81?
- 28.A dozen (12) bangles cost ₹144. What does one cost (in ₹)?
- 29.₹710 − ₹190 =
- 30.How many paise are there in ₹16.50?
- 31.Isha has 9 notes of ₹10. How many rupees does Isha have?
- 32.Lakshmi got ₹360 in 4 weeks, the same amount every week. How many rupees is that each week?
- 33.Zoya keeps ₹1200 in a bank. After 3 years the simple interest is ₹144. What is the rate of interest per year (in %)?
- 34.One mango costs ₹25. How much do 2 mangoes cost (in ₹)?
- 35.A board game costs ₹180. Offer 1: 25% off. Offer 2: ₹80 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 36.Aditya’s piggy bank has 3 coins of ₹20, 2 coins of ₹5 and 5 coins of ₹2. How many rupees are in it?
- 37.Aarav makes 4 clay diyas an hour and sells each one for ₹5. How many rupees can Aarav earn from 1 hour of work?
- 38.Karan had ₹83. Karan spent ₹4 on a banana. How many rupees are left?
- 39.What do 3 colour pencil sets at ₹65 each and 2 water bottles at ₹140 each cost in all (in ₹)?
- 40.Ananya has 7 coins of ₹2. Isha has 3 coins of ₹5. How many more rupees does Isha have?
Answer key
- 30
- Debit
- 54
- Never share the OTP
- 30
- 620
- Diya
- 27
- 300
- 140
- a schoolbag
- 7
- No PIN to receive money
- 55
- 10.5
- 6
- 85
- 10
- Need
- Shop A
- 60
- 16 rupees
- Shop A
- 280
- 32
- 18
- 3
- 12
- 520
- 1650
- 90
- 90
- 4
- 50
- Offer 2
- 80
- 20
- 79
- 475
- 1
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids