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.A dozen (12) eggs cost ₹72. What does one cost (in ₹)?
- 2.Nisha gets ₹350 pocket money every month. How many rupees is that in one year (12 months)?
- 3.Riya buys a ruler for ₹14 and a biscuit packet for ₹19, and pays ₹50. How much change does Riya get (in ₹)?
- 4.Which is worth more: a ₹10 note or a ₹20 coin? (a) 20-rupee coin (b) 10-rupee note
- 5.Aditya buys a notebook for ₹25 and a samosa for ₹19, and pays ₹50. How much change does Aditya get (in ₹)?
- 6.Kavya has 5 notes of ₹50. Ishaan has 5 coins of ₹5. How many more rupees does Kavya have?
- 7.Manav wants a gift for Mum that costs ₹365, has ₹50 already and saves ₹20 every week. In how many weeks will Manav have enough?
- 8.Ananya keeps ₹1500 in a bank at 2% simple interest per year. How much money will there be after 3 years (in ₹)?
- 9.₹33 + ₹45 =
- 10.Joseph is making a shopping list. Which of these is a need? (a) a bigger TV (b) a glitter pen set (c) vegetables (d) a video game
- 11.Lakshmi has 2 notes of ₹50 and 4 notes of ₹20. How many rupees does Lakshmi have?
- 12.Zoya has 9 coins of ₹2. Riya has 2 notes of ₹50. Who has less money? (a) Zoya (b) Riya
- 13.Nisha saves ₹30 every week for 5 weeks, then buys an art kit for ₹80. How many rupees are left?
- 14.Joseph has 6 coins of ₹20 and 3 coins of ₹5. How many rupees does Joseph have?
- 15.Vivaan has ₹3. A pencil costs ₹8. Does Vivaan have enough money to buy it? (a) Yes (b) No
- 16.A raincoat costs ₹400. The shop gives 25% off. How many rupees is the discount?
- 17.Tara buys a pair of socks (₹50), a geometry box (₹100), a water bottle (₹230) and a colour pencil set (₹85). What is the total (in ₹)?
- 18.Aditya has 7 notes of ₹50. Rohan has 4 coins of ₹1. How many more rupees does Aditya have?
- 19.Shop A sells 4 pens for ₹60. Shop B sells 5 pens for ₹55. Which shop is cheaper for one pen? (a) Shop B (b) Shop A
- 20.Nisha gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Nisha do? (a) Read the OTP out (b) Send it by message (c) Never share the OTP
- 21.Diya has 4 coins of ₹2 and 3 coins of ₹10. How many rupees does Diya have?
- 22.Diya wants to save ₹500 for an art kit in 5 weeks, the same amount each week. How many rupees must Diya save each week?
- 23.Karan has 5 notes of ₹20 and 4 notes of ₹10. How many rupees does Karan have?
- 24.Karan gets ₹500 pocket money every month. How many rupees is that in one year (12 months)?
- 25.Vivaan sells 40 cupcakes at ₹20 each. How many rupees does Vivaan get?
- 26.Isha gets ₹50 a week, spends ₹30 each week and saves the rest. How many rupees has Isha saved after 3 weeks?
- 27.₹600 earns 2% simple interest per year. In how many years will the interest be ₹60?
- 28.Manav keeps ₹200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
- 29.Joseph buys a T-shirt (₹355), a samosa (₹15), a colour pencil set (₹90) and a pen (₹23). What is the total (in ₹)?
- 30.₹7 − ₹2.50 =
- 31.Vivaan’s class stall spends ₹80 to make 20 cups of lemonade and sells all of them at ₹5 each. What is the profit (in ₹)?
- 32.Which is worth the most: a ₹1 coin, a ₹500 note or a ₹20 note? (a) 500-rupee note (b) 20-rupee note (c) 1-rupee coin
- 33.Rohan keeps ₹900 in a bank. After 1 year the simple interest is ₹18. What is the rate of interest per year (in %)?
- 34.6 notebooks cost ₹270. What does one notebook cost (in ₹)?
- 35.Kabir is making a shopping list. Which of these is a want? (a) extra comic books (b) rice and dal (c) notebooks for school (d) drinking water
- 36.A 1 kg bag of tomatoes costs ₹54. A 10 kg bag costs ₹220. How many rupees per kg do you save with the cheaper bag?
- 37.Priya wants a bicycle that costs ₹3165, has ₹740 already and saves ₹200 every week. In how many weeks will Priya have enough?
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38.Price list: glue stick ₹16, ice candy ₹15, biscuit packet ₹13, sharpener ₹7.
How much do 5 glue sticks cost (in ₹)? - 39.Sneha’s mother scans a shop’s QR code to pay ₹2000. What should she check before she pays? (a) The name of the shop (b) Nothing, just pay (c) The colour of the code
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40.Saanvi’s passbook:
Opening balance: ₹3700
Credit (money in): ₹100
Debit (money out): ₹?
Closing balance: ₹900
How many rupees was the debit?
Answer key
- 6
- 4200
- 17
- 20-rupee coin
- 6
- 225
- 16
- 1590
- 78
- vegetables
- 180
- Zoya
- 70
- 135
- No
- 100
- 465
- 346
- Shop B
- Never share the OTP
- 38
- 100
- 140
- 6000
- 800
- 60
- 5
- 30
- 483
- 4.5
- 20
- 500-rupee note
- 2
- 45
- extra comic books
- 32
- 13
- 80
- The name of the shop
- 2900
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids