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.Arjun has ₹300. In a piggy bank it stays ₹300. In a bank at 10% simple interest per year, how many rupees more will Arjun have after 5 years?
- 2.Diya had ₹94. Diya spent ₹45 on a crayon box. How many rupees are left?
- 3.Rohan keeps ₹800 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 1 year?
- 4.Farhan is making a shopping list. Which of these is a need? (a) a fancy phone cover (b) drinking water (c) a bigger TV (d) a third cricket bat
- 5.Isha gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Isha do? (a) Read the OTP out (b) Never share the OTP (c) Send it by message
- 6.Diya buys 3 toffees at ₹1 each and pays ₹50. How much change does Diya get (in ₹)?
- 7.A family plans ₹30000 for the month. 30% of it is for school fees. How many rupees is that?
- 8.Arjun sees that ₹1000 was sent to a wrong number by mistake. What should Arjun do first? (a) Keep it a secret (b) Pay again to fix it (c) Tell a parent at once
- 9.Shop A sells 3 cricket balls for ₹360. Shop B sells 4 cricket balls for ₹560. Which shop is cheaper for one cricket ball? (a) Shop A (b) Shop B
- 10.Count up to find the change from ₹20: ₹2 + ₹? = ₹20
- 11.4 friends run a stall selling paper bookmarks and make a profit of ₹320. They share it equally. How many rupees does each friend get?
- 12.One sharpener costs ₹6. A pack of 3 sharpeners costs ₹14. How many rupees do you save by buying the pack instead of 3 single ones?
- 13.Zoya has 2 notes of ₹100. How many rupees does Zoya have?
- 14.Sneha’s mother has ₹2400 in her bank account. She pays ₹230 for bread and ₹180 for fruit by UPI. How many rupees are left in the account?
- 15.Which is the same money as one ₹200 note? (a) three 100-rupee notes (b) six 100-rupee notes (c) two 100-rupee notes
- 16.A 10 kg bag of tomatoes costs ₹300. A 5 kg bag costs ₹275. How many rupees per kg do you save with the cheaper bag?
- 17.Aarav is making a shopping list. Which of these is a need? (a) notebooks for school (b) designer sunglasses (c) a toy robot (d) a sticker album
- 18.Tara’s class stall spends ₹250 to make 31 cupcakes and sells all of them at ₹10 each. What is the profit (in ₹)?
- 19.Aditya has ₹920 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Aditya can buy?
- 20.A glue stick costs ₹19. Isha pays ₹20. How much change does Isha get (in ₹)?
- 21.Riya’s class stall spends ₹260 to make 34 paper bookmarks and sells all of them at ₹15 each. What is the profit (in ₹)?
- 22.The bill for 3 T-shirts and a pen is ₹651. A T-shirt costs ₹210. What does the pen cost (in ₹)?
- 23.Of a ₹18000 monthly budget, 10% goes on rent and 5% on school fees. The rest is saved. How many rupees are saved?
- 24.Meera has 2 notes of ₹100, 4 notes of ₹10 and 5 coins of ₹1. How many rupees does Meera have?
- 25.Isha’s piggy bank has 2 coins of ₹20, 4 coins of ₹10 and 2 coins of ₹2. How many rupees are in it?
- 26.How many ₹5 coins make a ₹20 note?
- 27.Joseph gets ₹45 pocket money every week. How many rupees is that in 5 weeks?
- 28.Shop A sells a school bag for ₹525 with free delivery. Shop B sells it for ₹640 plus ₹50 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
-
29.Vivaan’s passbook:
Opening balance: ₹3000
Debit: ₹200
Debit: ₹200
Debit: ₹350
Credit: ₹450
What is the closing balance (in ₹)? - 30.Shop A sells 2 samosas for ₹32. Shop B sells 6 samosas for ₹90. What does one samosa cost at the cheaper shop (in ₹)?
- 31.Which is the biggest amount: ₹89, ₹48 or ₹71? (a) 71 rupees (b) 48 rupees (c) 89 rupees
- 32.Count up to find the change from ₹20: ₹14 + ₹? = ₹20
- 33.Kavya buys a badminton racket for ₹320 and a pen for ₹12, and pays with a ₹500 note. How much change does Kavya get (in ₹)?
- 34.The bill for 2 geometry boxes and a pair of socks is ₹245. A geometry box costs ₹85. What does the pair of socks cost (in ₹)?
- 35.Ishaan buys a sharpener for ₹5 and a juice box for ₹20, and pays ₹50. How much change does Ishaan get (in ₹)?
-
36.Gurpreet’s shop bill:
4 pens at ₹10 each
2 colour pencil sets at ₹65 each
4 geometry boxes at ₹95 each
What is the total bill (in ₹)? - 37.After 10% off, a water bottle costs ₹468. What was the price before the sale (in ₹)?
- 38.Kabir spends ₹100 of ₹1000 pocket money on books. What percent is that?
- 39.Which coins and notes make exactly ₹130? (a) 50 + 20 + 10 (b) 100 + 20 + 10 (c) 100 + 10 + 2
- 40.Zoya pays a school fee of ₹1100 from the account. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
Answer key
- 150
- 49
- 64
- drinking water
- Never share the OTP
- 47
- 9000
- Tell a parent at once
- Shop A
- 18
- 80
- 4
- 200
- 1990
- two 100-rupee notes
- 25
- notebooks for school
- 60
- 61
- 1
- 250
- 21
- 15300
- 245
- 84
- 4
- 225
- Shop A
- 2700
- 15
- 89 rupees
- 6
- 168
- 75
- 25
- 550
- 520
- 10
- 100 + 20 + 10
- Debit
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids