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
- 1.5 pens cost ₹85. What does one pen cost (in ₹)?
- 2.Gurpreet is making a shopping list. Which of these is a need? (a) medicine when ill (b) a fancy phone cover (c) a bigger TV (d) sweets every day
- 3.A bun costs ₹5.50. Aarav pays ₹10. How much change does Aarav get, in rupees? =
- 4.Lakshmi gets ₹15 pocket money every week. How many rupees is that in 7 weeks?
- 5.Sneha has a budget of ₹500 for a birthday party. The balloons cost ₹110, the decorations cost ₹30 and the cake cost ₹70. How many rupees are left?
- 6.₹1200 earns 3% simple interest per year. In how many years will the interest be ₹72?
- 7.Pooja has 3 coins of ₹20. How many rupees does Pooja have?
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8.Price list: samosa ₹14, juice box ₹20, ice candy ₹9, eraser ₹5.
How much do 2 juice boxes cost (in ₹)? - 9.Diya has ₹6. A toffee costs ₹2. Does Diya have enough money to buy it? (a) Yes (b) No
- 10.How many ₹5 coins make a ₹20 note?
- 11.Arjun has ₹300. In a piggy bank it stays ₹300. In a bank at 8% simple interest per year, how many rupees more will Arjun have after 5 years?
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12.Kavya’s passbook:
Opening balance: ₹2300
Credit (money in): ₹500
Debit (money out): ₹2350
What is the balance now (in ₹)? -
13.Price list: juice box ₹20, sticker sheet ₹9, crayon box ₹35, glue stick ₹16.
How much do 4 crayon boxes cost (in ₹)? - 14.A family plans ₹6000 for the month. 20% of it is for rent. How many rupees is that?
- 15.A toy train costs ₹820. The shop gives 25% off. What is the sale price (in ₹)?
- 16.Joseph keeps ₹800 in a bank. After 5 years the simple interest is ₹240. What is the rate of interest per year (in %)?
- 17.Farhan buys 2 biscuit packets at ₹11 each and pays ₹50. How much change does Farhan get (in ₹)?
- 18.Aditya spends ₹35 of ₹700 pocket money on books. What percent is that?
- 19.Shop A sells a badminton racket for ₹360 with free delivery. Shop B sells it for ₹445 plus ₹30 delivery. How many rupees do you save by buying from the cheaper shop?
- 20.A drawing book costs ₹12.50. Meera pays ₹50. How much change does Meera get, in rupees? =
- 21.₹500 − ₹180 =
- 22.Aarav had ₹26. Aarav spent ₹25 on a notebook. How many rupees are left?
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23.Meera’s passbook:
Opening balance: ₹2400
Debit: ₹250
Debit: ₹100
Credit: ₹400
Debit: ₹50
What is the total of all the debits (in ₹)? - 24.A yo-yo costs ₹90. Isha has ₹5 and ₹2. How many more rupees does Isha need?
- 25.Diya buys a pen for ₹25 and pays with a ₹100 note. How much change does Diya get (in ₹)?
- 26.Priya has 5 coins of ₹10 and 5 coins of ₹20. How many rupees does Priya have?
- 27.Sneha is making a shopping list. Which of these is a want? (a) medicine when ill (b) a remote-control car (c) a raincoat (d) toothpaste
- 28.₹2 + ₹? + ₹5 = ₹8
- 29.Priya buys an eraser for ₹2 and a sharpener for ₹8. How many rupees does Priya spend in all?
- 30.4 samosas cost ₹52. What does one samosa cost (in ₹)?
- 31.A 1 kg bag of dal costs ₹141. A 2 kg bag costs ₹222. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
- 32.Of a ₹30000 monthly budget, 25% goes on electricity and 30% on clothes. The rest is saved. How many rupees are saved?
- 33.A lunch box costs ₹265 online. Delivery is ₹30 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 34.One storybook costs ₹170. How much do 3 storybooks cost (in ₹)?
- 35.₹1300 earns 8% simple interest per year. In how many years will the interest be ₹520?
- 36.Rohan gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Rohan do? (a) Read the OTP out (b) Send it by message (c) Never share the OTP
- 37.Karan has a budget of ₹1000 for a birthday party. The balloons cost ₹230, the snacks cost ₹170 and the decorations cost ₹220. How many rupees are left?
- 38.How many notes of ₹10 make ₹40?
- 39.Lakshmi has ₹1000. First Lakshmi pays for needs: notebooks (₹80) and a raincoat (₹290). How many rupees are left for wants?
- 40.₹210 − ₹60 =
Answer key
- 17
- medicine when ill
- 4.5
- 105
- 290
- 2
- 60
- 40
- Yes
- 4
- 120
- 450
- 140
- 1200
- 615
- 6
- 28
- 5
- 115
- 37.5
- 320
- 1
- 400
- 83
- 75
- 150
- a remote-control car
- 1
- 10
- 13
- 2 kg bag
- 13500
- 285
- 510
- 5
- Never share the OTP
- 380
- 4
- 630
- 150
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids