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.Riya takes out ₹1300 from an ATM. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 2.3 footballs cost ₹975. What does one football cost (in ₹)?
- 3.The bill for a notebook and a geometry box is ₹145. A notebook costs ₹40. What does the geometry box cost (in ₹)?
- 4.Aarav buys a notebook for ₹30 and pays with a ₹100 note. How much change does Aarav get (in ₹)?
- 5.Gurpreet’s class stall spends ₹290 to make 26 friendship bands and sells all of them at ₹10 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 6.Lakshmi’s mother has ₹1300 in her bank account. She pays ₹120 for medicines and ₹200 for vegetables by UPI. How many rupees are left in the account?
- 7.Which is the same money as one ₹20 note? (a) two 5-rupee coins (b) three 5-rupee coins (c) four 5-rupee coins
- 8.₹17.50 + ₹10 =
- 9.₹15 + ₹21 =
- 10.Karan is making a shopping list. Which of these is a need? (a) a third cricket bat (b) a sticker album (c) medicine when ill (d) a video game
- 11.₹16.50 + ₹11 =
- 12.Sneha got ₹400 in 10 weeks, the same amount every week. How many rupees is that each week?
- 13.Ishaan buys 3 sharpeners at ₹5 each and pays ₹20. How much change does Ishaan get (in ₹)?
- 14.Someone online asks Priya for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A friend at school (b) A caller from the bank (c) No one
- 15.Riya buys 2 balloons at ₹6 each and pays ₹20. How much change does Riya get (in ₹)?
- 16.Isha gets a link: “Click now to win a phone worth ₹500!” What should Isha do? (a) Send it to friends (b) Ignore it, tell a parent (c) Click it to win
- 17.Arjun keeps ₹1200 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
- 18.Rohan wants to save ₹3900 for a bicycle in 13 weeks, the same amount each week. How many rupees must Rohan save each week?
- 19.The bill for 4 geometry boxes and a T-shirt is ₹910. A geometry box costs ₹145. What does the T-shirt cost (in ₹)?
- 20.Farhan has 1 note of ₹200 and 3 notes of ₹10. How many rupees does Farhan have?
- 21.Gurpreet buys 3 samosas at ₹12 each and pays ₹50. How much change does Gurpreet get (in ₹)?
- 22.Aarav has one ₹50 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 23.One notebook costs ₹55. How much do 7 notebooks cost (in ₹)?
- 24.Shop A sells 3 samosas for ₹51. Shop B sells 4 samosas for ₹48. Which shop is cheaper for one samosa? (a) Shop B (b) Shop A
- 25.₹52 + ₹42 =
- 26.A dozen (12) guavas cost ₹108. What does one cost (in ₹)?
- 27.A dozen (12) oranges cost ₹96. What does one cost (in ₹)?
- 28.Aditya has ₹11. A sticker sheet costs ₹10. Does Aditya have enough money to buy it? (a) No (b) Yes
- 29.Which is the same money as one ₹100 note? (a) five 50-rupee notes (b) two 50-rupee notes (c) three 50-rupee notes
- 30.One notebook costs ₹60. How much do 2 notebooks cost (in ₹)?
- 31.Ananya has ₹570 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Ananya can buy?
- 32.Isha has ₹550. First Isha pays for needs: a lunch box (₹50) and a raincoat (₹140). How many rupees are left for wants?
- 33.8 mangoes cost ₹240. How much do 7 mangoes cost (in ₹)?
- 34.Karan buys 4 plates of idli at ₹30 each and pays with a ₹500 note. How much change does Karan get (in ₹)?
- 35.One mango costs ₹20. How much do 4 mangoes cost (in ₹)?
- 36.A sticker sheet costs ₹12. Rahul pays ₹20. How much change does Rahul get (in ₹)?
- 37.What do 5 geometry boxes at ₹110 each and 2 mangoes at ₹20 each cost in all (in ₹)?
- 38.Joseph has 4 coins of ₹1 and 5 coins of ₹5. How many rupees does Joseph have?
- 39.Ishaan gets a link: “Click now to win a phone worth ₹5000!” What should Ishaan do? (a) Click it to win (b) Ignore it, tell a parent (c) Send it to friends
- 40.Kabir buys 2 balloons at ₹5 each and pays ₹50. How much change does Kabir get (in ₹)?
Answer key
- Debit
- 325
- 105
- 70
- Loss
- 980
- four 5-rupee coins
- 27.5
- 36
- medicine when ill
- 27.5
- 40
- 5
- No one
- 8
- Ignore it, tell a parent
- 1296
- 300
- 330
- 230
- 14
- Note
- 385
- Shop B
- 94
- 9
- 8
- Yes
- two 50-rupee notes
- 120
- 11
- 360
- 210
- 380
- 80
- 8
- 590
- 29
- Ignore it, tell a parent
- 40
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids