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.Sneha has 10 coins of ₹20. How many rupees does Sneha have?
- 2.What is the smallest number of coins and notes that make ₹36?
- 3.Tara has 1 note of ₹500 and 2 notes of ₹50. How many rupees does Tara have?
- 4.Meera’s mother has ₹2300 in her bank account. She pays ₹290 for bread and ₹320 for fruit by UPI. How many rupees are left in the account?
- 5.Shop A sells a football for ₹305 with free delivery. Shop B sells it for ₹420 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 6.Of a ₹22000 monthly budget, 20% goes on electricity and 10% on food. The rest is saved. What percent is saved?
- 7.Zoya gets ₹20 every day. How many rupees is that in one week (7 days)?
- 8.Kavya sells 21 cups of lemonade at ₹5 each. How many rupees does Kavya get?
- 9.₹500 earns 6% simple interest per year. In how many years will the interest be ₹60?
- 10.Ishaan wants to save ₹360 for an art kit in 4 weeks, the same amount each week. How many rupees must Ishaan save each week?
- 11.Farhan has a budget of ₹500 for a birthday party. The balloons cost ₹50, the decorations cost ₹30 and the juice cost ₹30. How many rupees are left?
- 12.Sneha has 3 notes of ₹100, 1 note of ₹20 and 3 coins of ₹2. How many rupees does Sneha have?
- 13.Diya has ₹730 for return gifts. Each gift costs ₹30. What is the greatest number of gifts Diya can buy?
- 14.A study lamp costs ₹660. The shop gives 50% off. How many rupees is the discount?
- 15.₹1300 earns 4% simple interest per year. In how many years will the interest be ₹104?
- 16.Rohan takes out ₹1950 from an ATM. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 17.For Vivaan, is “extra comic books” a need or a want? (a) Want (b) Need
- 18.Of a ₹26000 monthly budget, 20% goes on clothes and 10% on school fees. The rest is saved. How many rupees are saved?
- 19.Shop A sells 5 pens for ₹55. Shop B sells 2 pens for ₹36. Which shop is cheaper for one pen? (a) Shop A (b) Shop B
- 20.Shop A sells 5 pens for ₹110. Shop B sells 6 pens for ₹120. Which shop is cheaper for one pen? (a) Shop A (b) Shop B
- 21.How many notes of ₹100 make ₹600?
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22.Meera’s passbook:
Opening balance: ₹4400
Debit: ₹100
Credit: ₹450
Credit: ₹150
Debit: ₹500
What is the closing balance (in ₹)? -
23.Price list: balloon ₹8, banana ₹6, eraser ₹5, sharpener ₹9.
Which item costs the most? (a) eraser (b) sharpener (c) balloon (d) banana - 24.3 storybooks cost ₹570. How much do 8 storybooks cost (in ₹)?
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25.Lakshmi’s passbook:
Opening balance: ₹3200
Debit: ₹150
Debit: ₹50
Credit: ₹150
Credit: ₹500
What is the closing balance (in ₹)? - 26.Shop A sells 2 plates of idli for ₹60. Shop B sells 4 plates of idli for ₹180. What does one plate of idli cost at the cheaper shop (in ₹)?
- 27.Arjun has ₹14. A kite costs ₹17. Does Arjun have enough money to buy it? (a) No (b) Yes
- 28.Riya wants a bicycle that costs ₹2780, has ₹590 already and saves ₹200 every week. In how many weeks will Riya have enough?
- 29.A 10 kg bag of potatoes costs ₹290. A 1 kg bag costs ₹40. How many rupees per kg do you save with the cheaper bag?
- 30.Kavya has 6 coins of ₹5 and 2 coins of ₹2. How many rupees does Kavya have?
- 31.Karan’s piggy bank has 1 coin of ₹10, 4 coins of ₹5 and 1 coin of ₹2. How many rupees are in it?
- 32.Farhan has 2 notes of ₹200 and 5 notes of ₹50. How many rupees does Farhan have?
- 33.One paper clip costs 50 paise. How many rupees do 7 paper clips cost? =
- 34.Someone online asks Meera 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
- 35.Rohan has 2 notes of ₹200, 1 note of ₹10 and 3 coins of ₹5. How many rupees does Rohan have?
- 36.₹28 + ₹32 + ₹13 =
- 37.Rahul has 9 coins of ₹2. How many rupees does Rahul have?
- 38.Kavya buys a mango for ₹30 and pays with a ₹100 note. How much change does Kavya get (in ₹)?
- 39.Gurpreet buys a notebook for ₹60 and pays with a ₹100 note. How much change does Gurpreet get (in ₹)?
- 40.Riya has ₹1. A sticker sheet costs ₹5. Does Riya have enough money to buy it? (a) No (b) Yes
Answer key
- 200
- 4
- 600
- 1690
- Shop A
- 70
- 140
- 105
- 2
- 90
- 390
- 326
- 24
- 330
- 2
- Debit
- Want
- 18200
- Shop A
- Shop B
- 6
- 4400
- sharpener
- 1520
- 3650
- 30
- No
- 11
- 11
- 34
- 32
- 650
- 3.5
- No one
- 425
- 73
- 18
- 70
- 40
- No
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids