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.How many notes of ₹50 make ₹100?
- 2.Gurpreet saves ₹50 every week for 5 weeks, then buys an art kit for ₹120. How many rupees are left?
- 3.Tara has ₹56 in a piggy bank. Dadi gives Tara ₹27 more. How many rupees does Tara have now?
- 4.Dev has one ₹50 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 5.Isha buys a cricket ball (₹115), a samosa (₹16), a mango (₹20) and a colour pencil set (₹65). What is the total (in ₹)?
- 6.A juice box costs ₹20 and an eraser costs ₹2. How many rupees more does the juice box cost?
- 7.₹30 + ₹5 + ₹11 =
- 8.Isha has 4 coins of ₹2 and 2 coins of ₹5. How many rupees does Isha have?
- 9.The bill for 3 pens and a notebook is ₹95. A pen costs ₹15. What does the notebook cost (in ₹)?
- 10.Isha’s piggy bank has 2 coins of ₹20, 2 coins of ₹5 and 5 coins of ₹1. How many rupees are in it?
- 11.Meera gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Meera do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
- 12.Sneha had ₹67. Sneha spent ₹12 on a kite. How many rupees are left?
- 13.Aditya buys a sharpener for ₹9 and a biscuit packet for ₹19. How many rupees does Aditya spend in all?
- 14.Karan has 5 notes of ₹50 and 2 notes of ₹10. How many rupees does Karan have?
- 15.How many storybooks can you buy with ₹200 if one costs ₹100?
- 16.A school bag costs ₹380. The shop gives 10% off. What is the sale price (in ₹)?
- 17.Kabir has a budget of ₹2000 for a birthday party. The balloons cost ₹90, the cake cost ₹390 and the decorations cost ₹110. How many rupees are left?
- 18.Saanvi buys a samosa for ₹17 and a storybook for ₹95, and pays with a ₹500 note. How much change does Saanvi get (in ₹)?
- 19.A toy train costs ₹140. The shop gives 20% off. How many rupees is the discount?
- 20.Diya deposits ₹1000 of birthday money. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 21.Sneha buys a cricket ball (₹110), a samosa (₹19), a notebook (₹40) and a badminton racket (₹570). What is the total (in ₹)?
- 22.Nisha buys a sticker sheet for ₹11 and a banana for ₹4, and pays ₹50. How much change does Nisha get (in ₹)?
- 23.Karan has ₹800 for a picnic. Food costs ₹310 and tickets cost ₹500. Is ₹800 enough? (a) No (b) Yes
- 24.Arjun has ₹21. A juice box costs ₹20. Does Arjun have enough money to buy it? (a) No (b) Yes
- 25.Of a ₹23000 monthly budget, 20% goes on school fees and 10% on rent. The rest is saved. What percent is saved?
- 26.₹550 − ₹250 =
- 27.Which is the same money as one ₹10 note? (a) four 5-rupee coins (b) three 5-rupee coins (c) two 5-rupee coins
- 28.₹210 − ₹120 =
- 29.Meera’s mother has ₹1000 in her bank account. She pays ₹70 for fruit and ₹160 for milk by UPI. How many rupees are left in the account?
- 30.How many coins of ₹10 does Meera need to make ₹60?
- 31.Farhan’s piggy bank has 3 coins of ₹10, 4 coins of ₹5 and 1 coin of ₹1. How many rupees are in it?
- 32.How many ₹10 notes make a ₹20 coin?
- 33.Arjun has a budget of ₹2000 for a birthday party. The juice cost ₹350, the decorations cost ₹140 and the snacks cost ₹230. How many rupees are left?
- 34.Diya’s class stall spends ₹330 to make 31 cups of lemonade and sells all of them at ₹20 each. What is the profit (in ₹)?
- 35.Karan keeps ₹1500 in a bank at 10% simple interest per year. How much money will there be after 3 years (in ₹)?
- 36.A family plans ₹14000 for the month. 5% of it is for school fees. How many rupees is that?
- 37.Gurpreet buys a samosa for ₹17 and pays with a ₹100 note. How much change does Gurpreet get (in ₹)?
- 38.Farhan spends ₹20 on things to make 10 friendship bands and sells them all at ₹5 each. How many rupees does Farhan earn after paying the costs?
- 39.Meera has 7 notes of ₹10. Kabir has 3 notes of ₹100. Who has less money? (a) Kabir (b) Meera
- 40.A 1 kg bag of potatoes costs ₹32. A 10 kg bag costs ₹230. Which bag is cheaper per kg? (a) 10 kg bag (b) 1 kg bag
Answer key
- 2
- 130
- 83
- Note
- 216
- 18
- 46
- 18
- 50
- 55
- Never share the OTP
- 55
- 28
- 270
- 2
- 342
- 1410
- 388
- 28
- Credit
- 739
- 35
- No
- Yes
- 70
- 300
- two 5-rupee coins
- 90
- 770
- 6
- 51
- 2
- 1280
- 290
- 1950
- 700
- 83
- 30
- Meera
- 10 kg bag
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