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.Ishaan is making a shopping list. Which of these is a want? (a) a schoolbag (b) school shoes (c) vegetables (d) a bigger TV
- 2.Count up to find the change from ₹50: ₹3 + ₹? = ₹50
- 3.Isha wants to save ₹600 for a storybook set in 10 weeks, the same amount each week. How many rupees must Isha save each week?
- 4.Kabir has 4 notes of ₹10. Manav has 4 notes of ₹100. Who has more money? (a) Manav (b) Kabir
- 5.Rahul has 10 coins of ₹20. How many rupees does Rahul have?
- 6.Rohan keeps ₹1200 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
- 7.Arjun keeps ₹1900 in a bank at 10% simple interest per year. How much money will there be after 3 years (in ₹)?
- 8.Vivaan got ₹380 in 4 weeks, the same amount every week. How many rupees is that each week?
- 9.Isha has 8 notes of ₹50. How many rupees does Isha have?
- 10.How many coins of ₹10 does Meera need to make ₹90?
- 11.After 50% off, a cricket bat costs ₹300. What was the price before the sale (in ₹)?
- 12.A family plans ₹34000 for the month. 10% of it is for food. How many rupees is that?
- 13.8 footballs cost ₹2400. What does one football cost (in ₹)?
- 14.A message says Karan has won ₹50000. It asks for the UPI PIN to send the prize. What is true? (a) Enter the PIN quickly (b) Prizes need your PIN (c) No PIN to receive money
- 15.Arjun gets ₹650 from a relative by bank transfer. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 16.23 children go on a school trip to the museum. The bus costs ₹20 for each child and the ticket costs ₹40 for each child. What is the total cost (in ₹)?
- 17.Dev has 2 notes of ₹50, 3 notes of ₹20 and 1 coin of ₹1. How many rupees does Dev have?
- 18.A family plans ₹25000 for the month. 50% of it is for school fees. How many rupees is that?
- 19.There are 21 children in a class. Each child needs one plate of idli at ₹55. What is the total cost (in ₹)?
- 20.450 paise is how many rupees? =
- 21.2 friends run a stall selling plates of bhel and make a profit of ₹600. They share it equally. How many rupees does each friend get?
- 22.A family plans ₹17000 for the month. 10% of it is for rent. How many rupees is that?
- 23.An eraser costs ₹3 and a toffee costs ₹2. How many rupees more does the eraser cost?
- 24.1900 paise is how many rupees? =
- 25.Pooja buys a banana for ₹7 and a samosa for ₹10, and pays ₹50. How much change does Pooja get (in ₹)?
- 26.What do 4 water bottles at ₹225 each and 2 pens at ₹23 each cost in all (in ₹)?
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27.Kavya’s passbook:
Opening balance: ₹3900
Debit: ₹50
Credit: ₹400
Debit: ₹300
Debit: ₹450
What is the total of all the debits (in ₹)? - 28.Meera spends ₹130 on things to make 40 cups of lemonade and sells them all at ₹5 each. How many rupees does Meera earn after paying the costs?
- 29.4 friends run a stall selling plates of bhel and make a profit of ₹1200. They share it equally. How many rupees does each friend get?
- 30.Karan has 7 notes of ₹50. Lakshmi has 2 coins of ₹1. Who has less money? (a) Karan (b) Lakshmi
- 31.After 50% off, a school bag costs ₹80. What was the price before the sale (in ₹)?
- 32.Shop A sells a football for ₹380 with free delivery. Shop B sells it for ₹425 plus ₹40 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 33.Shop A sells a school bag for ₹495 with free delivery. Shop B sells it for ₹735 plus ₹70 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 34.Kabir has 2 notes of ₹200, 3 notes of ₹10 and 2 coins of ₹2. How many rupees does Kabir have?
- 35.Nisha buys a colour pencil set (₹80), a plate of idli (₹45), a pair of socks (₹60) and a cricket ball (₹135). What is the total (in ₹)?
- 36.Isha buys a water bottle for ₹140 and a T-shirt for ₹330, and pays with a ₹500 note. How much change does Isha get (in ₹)?
- 37.Priya spends ₹20 on things to make 10 cups of lemonade and sells them all at ₹5 each. How many rupees does Priya earn after paying the costs?
- 38.A hair clip costs ₹11.50. Joseph pays ₹20. How much change does Joseph get, in rupees? =
- 39.A 5 kg bag of potatoes costs ₹100. A 10 kg bag costs ₹280. How many rupees per kg do you save with the cheaper bag?
- 40.Lakshmi has ₹60 in a piggy bank. Nani gives Lakshmi ₹25 more. How many rupees does Lakshmi have now?
Answer key
- a bigger TV
- 47
- 60
- Manav
- 200
- 1320
- 2470
- 95
- 400
- 9
- 600
- 3400
- 300
- No PIN to receive money
- Credit
- 1380
- 161
- 12500
- 1155
- 4.5
- 300
- 1700
- 1
- 19
- 33
- 946
- 800
- 70
- 300
- Lakshmi
- 160
- Shop A
- Shop A
- 434
- 320
- 30
- 30
- 8.5
- 8
- 85
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids