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.Kavya takes out ₹550 from an ATM. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 2.Karan withdraws ₹650 at the bank counter. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 3.How many coins of ₹2 does Riya need to make ₹18?
- 4.Dev saves ₹80 every week for 11 weeks, then buys a cricket bat for ₹290. How many rupees are left?
- 5.A day trip costs ₹720 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
- 6.9 badminton rackets cost ₹3420. What does one badminton racket cost (in ₹)?
- 7.Aarav buys an eraser for ₹4 and a samosa for ₹17. How many rupees does Aarav spend in all?
- 8.Saanvi gets ₹15 pocket money every week. How many rupees is that in 8 weeks?
- 9.A stall pays ₹9 for each greeting card and sells each one for ₹15. It sells 18 greeting cards. What is the total profit (in ₹)?
- 10.Which coins and notes make exactly ₹122? (a) 100 + 20 + 2 (b) 50 + 20 + 2 (c) 100 + 2 + 2
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11.Price list: kite ₹25, glue stick ₹23, samosa ₹11, crayon box ₹35.
Joseph has ₹50 and buys a kite. How many rupees are left? - 12.Isha makes 2 clay diyas an hour and sells each one for ₹5. How many rupees can Isha earn from 1 hour of work?
- 13.Which is the same money as one ₹500 note? (a) six 100-rupee notes (b) five 100-rupee notes (c) two 100-rupee notes
- 14.Riya’s mother has ₹1600 in her bank account. She pays ₹390 for a gas cylinder and ₹200 for vegetables by UPI. How many rupees are left in the account?
- 15.A 5 kg bag of wheat flour costs ₹190. A 10 kg bag costs ₹300. Which bag is cheaper per kg? (a) 5 kg bag (b) 10 kg bag
- 16.Aditya’s class stall spends ₹660 to make 28 paper bookmarks and sells all of them at ₹25 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 17.How many ₹1 coins make a ₹5 coin?
- 18.Rohan’s class stall spends ₹350 to make 12 greeting cards and sells all of them at ₹25 each. What is the loss (in ₹)?
- 19.Of a ₹21000 monthly budget, 5% goes on travel and 10% on school fees. The rest is saved. How many rupees are saved?
- 20.Ishaan gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Ishaan do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
- 21.For Zoya, is “a video game” a need or a want? (a) Want (b) Need
- 22.How many notes of ₹10 make ₹30?
- 23.A jacket costs ₹960. Offer 1: 50% off. Offer 2: ₹330 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 24.A stall pays ₹6 for each greeting card and sells each one for ₹8. It sells 35 greeting cards. What is the total profit (in ₹)?
- 25.Kavya has 8 notes of ₹50. How many rupees does Kavya have?
- 26.Aarav buys a pen for ₹14 and pays with a ₹100 note. How much change does Aarav get (in ₹)?
- 27.Vivaan has 2 coins of ₹2 and 3 coins of ₹20. How many rupees does Vivaan have?
- 28.A 1 kg bag of sugar costs ₹41. A 10 kg bag costs ₹460. Which bag is cheaper per kg? (a) 1 kg bag (b) 10 kg bag
- 29.Of a ₹10000 monthly budget, 50% goes on travel and 5% on clothes. The rest is saved. How many rupees are saved?
- 30.A toffee costs ₹1 and a samosa costs ₹13. How many rupees more does the samosa cost?
- 31.Kavya gets ₹200 pocket money every month. How many rupees is that in one year (12 months)?
- 32.Of a ₹42000 monthly budget, 20% goes on electricity and 10% on school fees. The rest is saved. What percent is saved?
- 33.Which coins and notes make exactly ₹32? (a) 20 + 10 + 2 (b) 10 + 2 + 2 (c) 20 + 5 + 2
- 34.The bill for 2 notebooks and a badminton racket is ₹445. A notebook costs ₹45. What does the badminton racket cost (in ₹)?
- 35.A football costs ₹720. Offer 1: 50% off. Offer 2: ₹240 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 36.Aarav buys a samosa for ₹15 and a banana for ₹4, and pays ₹50. How much change does Aarav get (in ₹)?
- 37.₹2.50 + ₹4 =
- 38.Rahul buys a colour pencil set for ₹80 and pays with a ₹100 note. How much change does Rahul get (in ₹)?
- 39.Manav sells 24 friendship bands at ₹10 each. How many rupees does Manav get?
- 40.Karan has 3 notes of ₹10. Kavya has 2 coins of ₹2. How many more rupees does Karan have?
Answer key
- Debit
- Debit
- 9
- 590
- 240
- 380
- 21
- 120
- 108
- 100 + 20 + 2
- 25
- 10
- five 100-rupee notes
- 1010
- 10 kg bag
- Profit
- 5
- 50
- 17850
- Never share the OTP
- Want
- 3
- Offer 1
- 70
- 400
- 86
- 64
- 1 kg bag
- 4500
- 12
- 2400
- 70
- 20 + 10 + 2
- 355
- Offer 1
- 31
- 6.5
- 20
- 240
- 26
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids