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.Karan buys 2 toffees at ₹1 each and pays ₹20. How much change does Karan get (in ₹)?
- 2.₹35 − ₹7 =
- 3.Saanvi has 4 notes of ₹200, 1 note of ₹20 and 2 coins of ₹1. How many rupees does Saanvi have?
- 4.A message says Lakshmi has won ₹1000. It asks for the UPI PIN to send the prize. What is true? (a) No PIN to receive money (b) Enter the PIN quickly (c) Prizes need your PIN
- 5.One biscuit packet costs ₹13. A pack of 3 biscuit packets costs ₹36. How many rupees do you save by buying the pack instead of 3 single ones?
- 6.A balloon costs ₹5 and a glue stick costs ₹20. How many rupees more does the glue stick cost?
- 7.Which is worth more: a ₹10 coin or a ₹100 note? (a) 10-rupee coin (b) 100-rupee note
- 8.₹23 − ₹11.50 =
- 9.Shop A sells a cricket ball for ₹140 with free delivery. Shop B sells it for ₹120 plus ₹70 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 10.5 notebooks cost ₹300. What does one notebook cost (in ₹)?
- 11.Zoya keeps ₹200 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?
- 12.Count up to find the change from ₹200: ₹26 + ₹? = ₹200
- 13.Aarav has 1 note of ₹200, 4 notes of ₹10 and 1 coin of ₹2. How many rupees does Aarav have?
- 14.Aditya gets ₹10 pocket money every week. How many rupees is that in 8 weeks?
- 15.Diya is making a shopping list. Which of these is a need? (a) designer sunglasses (b) a sticker album (c) a school uniform (d) sweets every day
- 16.₹19.50 + ₹18.50 =
- 17.Lakshmi keeps ₹600 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
- 18.Shop A sells 2 geometry boxes for ₹180. Shop B sells 3 geometry boxes for ₹360. Which shop is cheaper for one geometry box? (a) Shop A (b) Shop B
- 19.Arjun is making a shopping list. Which of these is a want? (a) rice and dal (b) school shoes (c) a glitter pen set (d) milk
- 20.4 pens cost ₹80. What does one pen cost (in ₹)?
- 21.Count up to find the change from ₹200: ₹165 + ₹? = ₹200
- 22.Meera has one ₹100 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 23.A stall pays ₹20 for each paper bookmark and sells each one for ₹30. It sells 34 paper bookmarks. What is the total profit (in ₹)?
- 24.Farhan’s class stall spends ₹580 to make 36 greeting cards and sells all of them at ₹15 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 25.Aarav has 6 notes of ₹10. Pooja has 2 notes of ₹20. Who has more money? (a) Aarav (b) Pooja
- 26.550 paise is how many rupees? =
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27.Price list: eraser ₹2, glue stick ₹19, toffee ₹3, pencil ₹4.
How much do a glue stick and a pencil cost together (in ₹)? - 28.Karan buys a water bottle (₹230), a pen (₹18), a T-shirt (₹380) and a geometry box (₹120). What is the total (in ₹)?
- 29.Riya gets ₹400 pocket money every month. How many rupees is that in one year (12 months)?
- 30.How many notes of ₹10 make ₹20?
- 31.₹320 − ₹10 =
- 32.Lakshmi is making a shopping list. Which of these is a need? (a) sweets every day (b) medicine when ill (c) a toy robot (d) a sticker album
- 33.A notebook costs ₹23.50. Meera pays ₹50. How much change does Meera get, in rupees? =
- 34.Which is the same money as one ₹20 note? (a) five 10-rupee notes (b) four 10-rupee notes (c) two 10-rupee notes
- 35.Joseph has one ₹2 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 36.₹430 + ₹60 =
- 37.A message says Vivaan has won ₹25000. 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
- 38.What do 4 pairs of socks at ₹50 each and 4 notebooks at ₹35 each cost in all (in ₹)?
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39.Arjun’s passbook:
Opening balance: ₹1500
Credit (money in): ₹750
Debit (money out): ₹1650
What is the balance now (in ₹)? - 40.Shop A sells a lunch box for ₹185 with free delivery. Shop B sells it for ₹275 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
Answer key
- 18
- 28
- 822
- No PIN to receive money
- 3
- 15
- 100-rupee note
- 11.5
- Shop A
- 60
- 224
- 174
- 242
- 80
- a school uniform
- 38
- 54
- Shop A
- a glitter pen set
- 20
- 35
- Note
- 340
- Loss
- Aarav
- 5.5
- 23
- 748
- 4800
- 2
- 310
- medicine when ill
- 26.5
- two 10-rupee notes
- Coin
- 490
- No PIN to receive money
- 340
- 600
- Shop A
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids