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.Lakshmi buys a T-shirt for ₹320 and a pair of socks for ₹75, and pays with a ₹500 note. How much change does Lakshmi get (in ₹)?
- 2.A school bag costs ₹490 online. Delivery is ₹30 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 3.A notebook costs ₹35 and a crayon box costs ₹30. How many rupees more does the notebook cost?
- 4.Of a ₹47000 monthly budget, 50% goes on food and 25% on rent. The rest is saved. What percent is saved?
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5.Diya’s passbook:
Opening balance: ₹2000
Credit: ₹300
Credit: ₹450
Debit: ₹50
Debit: ₹500
What is the closing balance (in ₹)? - 6.A day trip costs ₹1080 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
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7.Zoya’s passbook:
Opening balance: ₹3800
Debit: ₹250
Debit: ₹450
Credit: ₹450
Debit: ₹400
What is the total of all the debits (in ₹)? - 8.A pair of shoes costs ₹180. The shop gives 10% off. How many rupees is the discount?
- 9.₹14.50 − ₹6 =
- 10.750 paise is how many rupees? =
- 11.Someone online asks Vivaan for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) A friend at school (c) No one
- 12.Aarav has ₹42 in a piggy bank. Mausi gives Aarav ₹21 more. How many rupees does Aarav have now?
- 13.4 notebooks cost ₹240. What does one notebook cost (in ₹)?
- 14.₹20 + ₹50 + ₹? = ₹170
- 15.Count up to find the change from ₹500: ₹430 + ₹? = ₹500
- 16.Isha wants a cricket bat that costs ₹470, has ₹150 already and saves ₹50 every week. In how many weeks will Isha have enough?
- 17.For Aarav, is “a glitter pen set” a need or a want? (a) Need (b) Want
- 18.Priya has a budget of ₹1000 for a birthday party. The return gifts cost ₹110, the cake cost ₹100 and the balloons cost ₹130. How many rupees are left?
- 19.Farhan has 1 note of ₹20 and 4 notes of ₹10. How many rupees does Farhan have?
- 20.3 cricket balls cost ₹390. What does one cricket ball cost (in ₹)?
- 21.A 1 kg bag of wheat flour costs ₹37. A 10 kg bag costs ₹300. How many rupees per kg do you save with the cheaper bag?
- 22.A 1 kg bag of onions costs ₹33. A 5 kg bag costs ₹205. How many rupees per kg do you save with the cheaper bag?
- 23.Rahul gets ₹30 a week, spends ₹10 each week and saves the rest. How many rupees has Rahul saved after 4 weeks?
- 24.Rahul has ₹450. First Rahul pays for needs: notebooks (₹100) and school shoes (₹90). How many rupees are left for wants?
- 25.A school bag costs ₹320. Offer 1: 25% off. Offer 2: ₹130 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 26.Rahul gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Rahul do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
- 27.A family plans ₹16000 for the month. 30% of it is for electricity. How many rupees is that?
- 28.2 friends run a stall selling plates of bhel and make a profit of ₹520. They share it equally. How many rupees does each friend get?
- 29.Pooja buys a colour pencil set (₹110), a badminton racket (₹375), a mango (₹20) and a pen (₹15). What is the total (in ₹)?
- 30.Diya has ₹400. In a piggy bank it stays ₹400. In a bank at 3% simple interest per year, how many rupees more will Diya have after 1 year?
- 31.Which is the biggest amount: ₹70, ₹14 or ₹73? (a) 70 rupees (b) 14 rupees (c) 73 rupees
- 32.A dozen (12) bangles cost ₹156. What does one cost (in ₹)?
- 33.Rohan gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Rohan do? (a) Read the OTP out (b) Never share the OTP (c) Send it by message
- 34.There are 18 children in a class. Each child needs one pen at ₹10. What is the total cost (in ₹)?
- 35.One sticker sheet costs ₹5. A pack of 3 sticker sheets costs ₹12. How many rupees do you save by buying the pack instead of 3 single ones?
- 36.₹37 + ₹9 + ₹7 =
- 37.Lakshmi buys 3 mangoes at ₹25 each and pays with a ₹200 note. How much change does Lakshmi get (in ₹)?
- 38.Rahul keeps ₹1200 in a bank. After 1 year the simple interest is ₹60. What is the rate of interest per year (in %)?
- 39.3 friends run a stall selling cups of lemonade and make a profit of ₹1500. They share it equally. How many rupees does each friend get?
- 40.Nisha is making a shopping list. Which of these is a need? (a) a video game (b) drinking water (c) a third cricket bat (d) a glitter pen set
Answer key
- 105
- 510
- 5
- 25
- 2200
- 540
- 1100
- 18
- 8.5
- 7.5
- No one
- 63
- 60
- 100
- 70
- 7
- Want
- 660
- 60
- 130
- 7
- 8
- 80
- 260
- Offer 2
- Never share the OTP
- 4800
- 260
- 520
- 12
- 73 rupees
- 13
- Never share the OTP
- 180
- 3
- 53
- 125
- 5
- 500
- drinking water
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids