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.₹680 − ₹510 =
- 2.Farhan is making a shopping list. Which of these is a want? (a) a school uniform (b) designer sunglasses (c) soap (d) school shoes
- 3.Riya spends ₹160 on things to make 20 greeting cards and sells them all at ₹15 each. How many rupees does Riya earn after paying the costs?
- 4.Rohan spends ₹90 on things to make 11 cups of lemonade and sells them all at ₹10 each. How many rupees does Rohan earn after paying the costs?
- 5.Sneha has ₹1000. First Sneha pays for needs: notebooks (₹50) and a raincoat (₹270). How many rupees are left for wants?
- 6.Zoya is making a shopping list. Which of these is a need? (a) vegetables (b) a new party dress (c) a fancy phone cover (d) a remote-control car
- 7.Riya sells 45 paper bookmarks at ₹10 each. How many rupees does Riya get?
- 8.Ananya has 3 coins of ₹2. How many rupees does Ananya have?
- 9.A yo-yo costs ₹83. Farhan has ₹20 and ₹2. How many more rupees does Farhan need?
- 10.Of a ₹50000 monthly budget, 20% goes on electricity and 30% on school fees. The rest is saved. How many rupees are saved?
- 11.Sneha buys 3 samosas at ₹11 each and pays ₹50. How much change does Sneha get (in ₹)?
- 12.Which is the smallest amount: ₹77, ₹21 or ₹18? (a) 77 rupees (b) 18 rupees (c) 21 rupees
- 13.A stall pays ₹12 for each cupcake and sells each one for ₹15. It sells 26 cupcakes. What is the total profit (in ₹)?
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14.Ananya’s passbook:
Opening balance: ₹4600
Credit (money in): ₹300
Debit (money out): ₹2550
What is the balance now (in ₹)? - 15.Isha has ₹35 in a piggy bank. Nani gives Isha ₹7 more. How many rupees does Isha have now?
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16.Price list: glue stick ₹17, juice box ₹20, crayon box ₹35, balloon ₹8.
How many rupees more does a crayon box cost than a juice box? - 17.How many ₹2 coins make a ₹20 note?
- 18.Sneha has 6 notes of ₹20. Farhan has 6 coins of ₹1. Who has more money? (a) Sneha (b) Farhan
- 19.34 children go on a school trip to the planetarium. The bus costs ₹60 for each child and the ticket costs ₹20 for each child. What is the total cost (in ₹)?
- 20.Aarav has 1 note of ₹50, 3 notes of ₹20 and 3 coins of ₹1. How many rupees does Aarav have?
- 21.A packet of chips costs ₹2.50. Rohan pays ₹10. How much change does Rohan get, in rupees? =
- 22.Sneha has 2 notes of ₹50, 4 notes of ₹20 and 1 coin of ₹1. How many rupees does Sneha have?
- 23.Zoya gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Zoya do? (a) Never share the OTP (b) Read the OTP out (c) Send it by message
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24.Manav’s passbook:
Opening balance: ₹2400
Credit (money in): ₹50
Debit (money out): ₹750
What is the balance now (in ₹)? - 25.Ananya keeps ₹1800 in a bank at 6% simple interest per year. How much money will there be after 3 years (in ₹)?
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26.Price list: ice candy ₹14, banana ₹8, biscuit packet ₹12, juice box ₹25.
How much do 2 biscuit packets cost (in ₹)? - 27.What is the smallest number of coins and notes that make ₹73?
- 28.Which is worth the most: a ₹10 coin, a ₹1 coin or a ₹20 note? (a) 10-rupee coin (b) 20-rupee note (c) 1-rupee coin
- 29.A dozen (12) eggs cost ₹84. What does one cost (in ₹)?
- 30.Isha had ₹45. Isha spent ₹2 on a toffee. How many rupees are left?
- 31.A school bag costs ₹470 online. Delivery is ₹70 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 32.22 children go on a school trip to the science park. The bus costs ₹70 for each child and the ticket costs ₹15 for each child. What is the total cost (in ₹)?
- 33.Shop A sells a football for ₹430 with free delivery. Shop B sells it for ₹250 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 34.Kabir has one ₹1 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 35.A toy train costs ₹260. Offer 1: 20% off. Offer 2: ₹90 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 36.What do 2 colour pencil sets at ₹105 each and 3 plates of idli at ₹60 each cost in all (in ₹)?
- 37.Count up to find the change from ₹50: ₹6 + ₹? = ₹50
- 38.Nisha has one ₹200 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 39.How many notes of ₹200 make ₹1000?
- 40.Rahul keeps ₹1500 in a bank. After 4 years the simple interest is ₹240. What is the rate of interest per year (in %)?
Answer key
- 170
- designer sunglasses
- 140
- 20
- 680
- vegetables
- 450
- 6
- 61
- 25000
- 17
- 18 rupees
- 78
- 2350
- 42
- 15
- 10
- Sneha
- 2720
- 113
- 7.5
- 181
- Never share the OTP
- 1700
- 2124
- 24
- 4
- 20-rupee note
- 7
- 43
- 530
- 1870
- 160
- Coin
- Offer 2
- 390
- 44
- Note
- 5
- 4
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids