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 wants a cricket bat that costs ₹465, has ₹30 already and saves ₹90 every week. In how many weeks will Karan have enough?
- 2.₹14 + ₹11 =
- 3.Farhan is making a shopping list. Which of these is a want? (a) drinking water (b) vegetables (c) a sticker album (d) a warm blanket
- 4.What do 5 cricket balls at ₹105 each and 3 lunch boxes at ₹170 each cost in all (in ₹)?
- 5.A stranger asks Priya to scan a QR code to “get” ₹50000. What is true? (a) Scanning a QR pays money (b) QR codes are always safe (c) It gives you money
- 6.A raincoat costs ₹540. The shop gives 25% off. How many rupees is the discount?
- 7.What is the smallest number of coins and notes that make ₹117?
- 8.Of a ₹12000 monthly budget, 10% goes on rent and 20% on food. The rest is saved. What percent is saved?
- 9.Which is the same money as one ₹500 note? (a) two 100-rupee notes (b) three 100-rupee notes (c) five 100-rupee notes
- 10.Ananya has ₹550. First Ananya pays for needs: a water bottle (₹140) and a raincoat (₹90). How many rupees are left for wants?
- 11.A pencil costs ₹3. Arjun pays ₹10. How much change does Arjun get (in ₹)?
- 12.Pooja buys an ice candy for ₹13 and a samosa for ₹13, and pays ₹50. How much change does Pooja get (in ₹)?
- 13.Lakshmi has a budget of ₹500 for a birthday party. The return gifts cost ₹80, the decorations cost ₹120 and the balloons cost ₹70. How many rupees are left?
- 14.₹270 − ₹40 =
- 15.₹500 earns 8% simple interest per year. In how many years will the interest be ₹120?
- 16.500 paise is how many rupees? =
- 17.Arjun buys a kite for ₹24 and a biscuit packet for ₹20. How many rupees does Arjun spend in all?
- 18.₹44 + ₹7 =
- 19.Of a ₹8000 monthly budget, 40% goes on rent and 20% on travel. The rest is saved. How many rupees are saved?
- 20.Pooja keeps ₹1900 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
- 21.How many coins of ₹10 does Isha need to make ₹90?
- 22.Vivaan gets ₹45 pocket money every week. How many rupees is that in 9 weeks?
- 23.Which coins and notes make exactly ₹152? (a) 100 + 10 + 2 (b) 100 + 50 + 2 (c) 50 + 2 + 2
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24.Gurpreet’s passbook:
Opening balance: ₹800
Credit (money in): ₹400
Debit (money out): ₹500
What is the balance now (in ₹)? - 25.Which is the biggest amount: ₹90, ₹59 or ₹41? (a) 59 rupees (b) 41 rupees (c) 90 rupees
- 26.Karan has 3 coins of ₹2 and 2 coins of ₹10. How many rupees does Karan have?
- 27.4 samosas cost ₹60. How much do 2 samosas cost (in ₹)?
- 28.Karan has 2 coins of ₹5 and 6 coins of ₹20. How many rupees does Karan have?
- 29.Meera’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
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30.Ananya’s passbook:
Opening balance: ₹2000
Credit (money in): ₹50
Debit (money out): ₹1400
What is the balance now (in ₹)? -
31.Kabir’s passbook:
Opening balance: ₹1300
Credit (money in): ₹800
Debit (money out): ₹?
Closing balance: ₹1600
How many rupees was the debit? - 32.3 friends run a stall selling cups of lemonade and make a profit of ₹1350. They share it equally. How many rupees does each friend get?
- 33.What do 2 cricket balls at ₹130 each and 2 mangoes at ₹35 each cost in all (in ₹)?
- 34.Which is the same money as one ₹200 note? (a) two 50-rupee notes (b) four 50-rupee notes (c) three 50-rupee notes
- 35.₹2.50 + ₹3.50 =
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36.Gurpreet’s passbook:
Opening balance: ₹2800
Credit (money in): ₹200
Debit (money out): ₹2900
What is the balance now (in ₹)? - 37.One toffee costs ₹1.50. How many rupees do 6 toffees cost? =
- 38.Which is worth more: a ₹20 coin or a ₹5 coin? (a) 5-rupee coin (b) 20-rupee coin
- 39.Vivaan gets ₹80 a week, spends ₹75 each week and saves the rest. How many rupees has Vivaan saved after 4 weeks?
- 40.Aditya has ₹550. First Aditya pays for needs: a water bottle (₹120) and a geometry box (₹130). How many rupees are left for wants?
Answer key
- 5
- 25
- a sticker album
- 1035
- Scanning a QR pays money
- 135
- 4
- 70
- five 100-rupee notes
- 320
- 7
- 24
- 230
- 230
- 3
- 5
- 44
- 51
- 3200
- 152
- 9
- 405
- 100 + 50 + 2
- 700
- 90 rupees
- 26
- 30
- 130
- The name and amount
- 650
- 500
- 450
- 330
- four 50-rupee notes
- 6
- 100
- 9
- 20-rupee coin
- 20
- 300
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids