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.Diya buys a mango for ₹25 and pays with a ₹100 note. How much change does Diya get (in ₹)?
- 2.Isha has 8 coins of ₹10. How many rupees does Isha have?
- 3.10 plates of idli cost ₹400. How much do 5 plates of idli cost (in ₹)?
- 4.A school bag costs ₹180. The shop gives 10% off. How many rupees is the discount?
- 5.How many ₹2 coins make a ₹10 coin?
- 6.Ishaan’s class stall spends ₹600 to make 40 cups of lemonade and sells all of them at ₹15 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
- 7.A stall pays ₹8 for each plate of bhel and sells each one for ₹12. It sells 26 plates of bhel. What is the total profit (in ₹)?
- 8.Arjun spends ₹260 on things to make 23 plates of bhel and sells them all at ₹15 each. How many rupees does Arjun earn after paying the costs?
- 9.Of a ₹38000 monthly budget, 50% goes on rent and 20% on electricity. The rest is saved. How many rupees are saved?
- 10.Count up to find the change from ₹50: ₹1 + ₹? = ₹50
- 11.Riya gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Riya do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
- 12.Which is worth the least: a ₹1 coin, a ₹200 note or a ₹500 note? (a) 500-rupee note (b) 200-rupee note (c) 1-rupee coin
- 13.Count up to find the change from ₹20: ₹2 + ₹? = ₹20
- 14.Priya buys a biscuit packet for ₹16 and a crayon box for ₹30, and pays ₹50. How much change does Priya get (in ₹)?
- 15.Farhan spends ₹240 to start a stall and sells each paper bookmark for ₹5. What is the smallest number Farhan must sell to get back the ₹240?
- 16.₹39 + ₹30 =
- 17.Which coins and notes make exactly ₹160? (a) 100 + 20 + 10 (b) 100 + 50 + 10 (c) 100 + 100 + 50
- 18.A 10 kg bag of wheat flour costs ₹340. A 5 kg bag costs ₹160. Which bag is cheaper per kg? (a) 10 kg bag (b) 5 kg bag
- 19.Which coins and notes make exactly ₹125? (a) 50 + 20 + 5 (b) 20 + 20 + 5 (c) 100 + 20 + 5
- 20.Lakshmi withdraws ₹350 at the bank counter. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 21.Shop A sells a badminton racket for ₹530 with free delivery. Shop B sells it for ₹560 plus ₹60 delivery. How many rupees do you save by buying from the cheaper shop?
- 22.Rahul had ₹33. Rahul spent ₹8 on a sticker sheet. How many rupees are left?
- 23.Sneha’s class stall spends ₹810 to make 26 cupcakes and sells all of them at ₹30 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 24.Isha buys a notebook for ₹35 and a banana for ₹8, and pays ₹50. How much change does Isha get (in ₹)?
- 25.Someone online asks Farhan for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A friend at school (b) A caller from the bank (c) No one
- 26.Priya keeps ₹2000 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
- 27.₹15 − ₹7.50 =
- 28.Meera buys a geometry box for ₹95 and pays with a ₹100 note. How much change does Meera get (in ₹)?
- 29.Farhan has 9 coins of ₹1. Aarav has 9 notes of ₹10. How many more rupees does Aarav have?
- 30.Count up to find the change from ₹50: ₹15 + ₹? = ₹50
- 31.Meera spends ₹45 of ₹900 pocket money on books. What percent is that?
- 32.Which is the same money as one ₹10 note? (a) six 2-rupee coins (b) five 2-rupee coins (c) three 2-rupee coins
- 33.What is the smallest number of coins and notes that make ₹169?
- 34.Which is worth more: a ₹20 note or a ₹500 note? (a) 500-rupee note (b) 20-rupee note
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35.Price list: notebook ₹30, eraser ₹5, pencil ₹4, balloon ₹6.
Which item costs the least? (a) eraser (b) balloon (c) notebook (d) pencil -
36.Lakshmi’s passbook:
Opening balance: ₹1600
Credit (money in): ₹300
Debit (money out): ₹?
Closing balance: ₹1250
How many rupees was the debit? - 37.Which coins and notes make exactly ₹13? (a) 10 + 10 + 1 (b) 10 + 2 + 2 (c) 10 + 2 + 1
- 38.Meera spends ₹20 of ₹400 pocket money on books. What percent is that?
- 39.Tara keeps ₹1100 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
- 40.The bill for 3 notebooks and a T-shirt is ₹540. A notebook costs ₹55. What does the T-shirt cost (in ₹)?
Answer key
- 75
- 80
- 200
- 18
- 5
- No profit, no loss
- 104
- 85
- 11400
- 49
- Never share the OTP
- 1-rupee coin
- 18
- 4
- 48
- 69
- 100 + 50 + 10
- 5 kg bag
- 100 + 20 + 5
- Debit
- 90
- 25
- Loss
- 7
- No one
- 2160
- 7.5
- 5
- 81
- 35
- 5
- five 2-rupee coins
- 6
- 500-rupee note
- pencil
- 650
- 10 + 2 + 1
- 5
- 1133
- 375
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids