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.Aarav has 1 note of ₹500 and 2 notes of ₹50. How many rupees does Aarav have?
- 2.Priya’s father is sending ₹25000 to a friend by UPI. What should he check before he pays? (a) Only the phone colour (b) Nothing at all (c) The name and amount
- 3.Aditya has 8 notes of ₹100. Karan has 2 coins of ₹1. Who has more money? (a) Karan (b) Aditya
- 4.Arjun keeps ₹2000 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 2 years?
- 5.Saanvi has ₹1000 for a picnic. Food costs ₹290 and tickets cost ₹690. Is ₹1000 enough? (a) No (b) Yes
- 6.Aarav keeps ₹300 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
- 7.Diya has 9 notes of ₹20. Aditya has 7 notes of ₹50. How many more rupees does Aditya have?
- 8.Priya wants to save ₹270 for an art kit in 3 weeks, the same amount each week. How many rupees must Priya save each week?
- 9.The bill for 2 T-shirts and a football is ₹885. A T-shirt costs ₹235. What does the football cost (in ₹)?
- 10.₹90 + ₹350 =
- 11.What is the smallest number of coins and notes that make ₹87?
- 12.Riya makes 5 greeting cards an hour and sells each one for ₹30. How many rupees can Riya earn from 1 hour of work?
- 13.Dev’s father is sending ₹5000 to a friend by UPI. What should he check before he pays? (a) Only the phone colour (b) The name and amount (c) Nothing at all
- 14.₹94 − ₹38 =
- 15.One rubber band costs ₹1.50. How many rupees do 7 rubber bands cost? =
- 16.Which is the same money as one ₹200 note? (a) five 100-rupee notes (b) two 100-rupee notes (c) six 100-rupee notes
- 17.Aarav has one ₹5 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 18.Count up to find the change from ₹50: ₹36 + ₹? = ₹50
- 19.3 cricket balls cost ₹345. How much do 9 cricket balls cost (in ₹)?
- 20.Pooja wants a bicycle that costs ₹4165, has ₹1680 already and saves ₹350 every week. In how many weeks will Pooja have enough?
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21.Price list: pencil ₹7, ruler ₹14, biscuit packet ₹15, juice box ₹25.
How much do a juice box and a pencil cost together (in ₹)? - 22.Of a ₹31000 monthly budget, 5% goes on clothes and 25% on food. The rest is saved. How many rupees are saved?
- 23.A dozen (12) guavas cost ₹48. What does one cost (in ₹)?
- 24.A cricket bat costs ₹460. Offer 1: 50% off. Offer 2: ₹70 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 25.The bill for a cricket ball and a colour pencil set is ₹220. A cricket ball costs ₹115. What does the colour pencil set cost (in ₹)?
- 26.Nisha gets ₹90 pocket money every week. How many rupees is that in 5 weeks?
- 27.Which coins and notes make exactly ₹53? (a) 50 + 2 + 1 (b) 20 + 2 + 1 (c) 50 + 10 + 2
- 28.A balloon costs ₹8. Joseph pays ₹10. How much change does Joseph get (in ₹)?
- 29.Which is the same money as one ₹20 note? (a) four 5-rupee coins (b) two 5-rupee coins (c) five 5-rupee coins
- 30.A 1 kg bag of dal costs ₹92. A 10 kg bag costs ₹1370. How many rupees per kg do you save with the cheaper bag?
- 31.Aarav keeps ₹1200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
- 32.Riya buys a plate of idli for ₹35 and pays with a ₹100 note. How much change does Riya get (in ₹)?
- 33.For Riya, is “a warm blanket” a need or a want? (a) Want (b) Need
- 34.Which coins and notes make exactly ₹72? (a) 50 + 20 + 2 (b) 50 + 2 + 1 (c) 20 + 2 + 1
- 35.A samosa costs ₹16 and a pencil costs ₹6. How many rupees more does the samosa cost?
- 36.One water bottle costs ₹250. How much do 2 water bottles cost (in ₹)?
- 37.750 paise is how many rupees? =
- 38.A storybook costs ₹89. Manav has ₹10 and ₹2. How many more rupees does Manav need?
- 39.Of a ₹10000 monthly budget, 5% goes on rent and 50% on food. The rest is saved. What percent is saved?
- 40.Shop A sells 5 colour pencil sets for ₹550. Shop B sells 2 colour pencil sets for ₹170. Which shop is cheaper for one colour pencil set? (a) Shop B (b) Shop A
Answer key
- 600
- The name and amount
- Aditya
- 240
- Yes
- 54
- 170
- 90
- 415
- 440
- 5
- 150
- The name and amount
- 56
- 10.5
- two 100-rupee notes
- Coin
- 14
- 1035
- 8
- 32
- 21700
- 4
- Offer 1
- 105
- 450
- 50 + 2 + 1
- 2
- four 5-rupee coins
- 45
- 36
- 65
- Need
- 50 + 20 + 2
- 10
- 500
- 7.5
- 77
- 45
- Shop B
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids