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.The bill for a badminton racket and a mango is ₹600. A badminton racket costs ₹560. What does the mango cost (in ₹)?
- 2.The bill for a pen and a geometry box is ₹156. A pen costs ₹16. What does the geometry box cost (in ₹)?
- 3.₹56 + ₹43 =
- 4.Dev sees that ₹50000 was sent to a wrong number by mistake. What should Dev do first? (a) Tell a parent at once (b) Keep it a secret (c) Pay again to fix it
- 5.Aditya’s father is sending ₹25000 to a friend by UPI. What should he check before he pays? (a) Only the phone colour (b) The name and amount (c) Nothing at all
- 6.Tara is making a shopping list. Which of these is a need? (a) a third cricket bat (b) milk (c) a video game (d) extra comic books
- 7.Zoya gets ₹10 pocket money every week. How many rupees is that in 5 weeks?
- 8.Vivaan saves ₹40 every week for 8 weeks, then buys a gift for Mum for ₹150. How many rupees are left?
- 9.A school bag costs ₹610 online. Delivery is ₹30 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 10.One pair of socks costs ₹70. How much do 6 pairs of socks cost (in ₹)?
- 11.Ananya spends ₹40 of ₹200 pocket money on books. What percent is that?
- 12.Which is worth more: a ₹100 note or a ₹20 coin? (a) 100-rupee note (b) 20-rupee coin
- 13.6 lunch boxes cost ₹1110. How much do 8 lunch boxes cost (in ₹)?
- 14.₹200 earns 8% simple interest per year. In how many years will the interest be ₹32?
- 15.A samosa costs ₹14 and a banana costs ₹7. How many rupees more does the samosa cost?
- 16.One kite costs ₹24. A pack of 3 kites costs ₹71. How many rupees do you save by buying the pack instead of 3 single ones?
- 17.Karan’s mother has ₹1400 in her bank account. She pays ₹270 for school books and ₹250 for bread by UPI. How many rupees are left in the account?
- 18.Aarav has ₹40 in a piggy bank. Dada gives Aarav ₹26 more. How many rupees does Aarav have now?
- 19.Count up to find the change from ₹500: ₹102 + ₹? = ₹500
- 20.One plate of idli costs ₹35. How much do 5 plates of idli cost (in ₹)?
- 21.Rohan’s class stall spends ₹310 to make 23 greeting cards and sells all of them at ₹10 each. What is the loss (in ₹)?
- 22.8 school bags cost ₹4280. How much do 3 school bags cost (in ₹)?
- 23.Which coins and notes make exactly ₹152? (a) 100 + 2 + 2 (b) 50 + 10 + 2 (c) 100 + 50 + 2
- 24.₹100 earns 9% simple interest per year. In how many years will the interest be ₹45?
- 25.One glue stick costs ₹16. A pack of 3 glue sticks costs ₹45. How many rupees do you save by buying the pack instead of 3 single ones?
- 26.Gurpreet has 5 coins of ₹1 and 2 coins of ₹2. How many rupees does Gurpreet have?
- 27.Farhan spends ₹260 to start a stall and sells each clay diya for ₹10. What is the smallest number Farhan must sell to get back the ₹260?
- 28.Ananya wants a board game that costs ₹360. Ananya saves ₹90 every week. How many weeks will it take?
- 29.Zoya’s class stall spends ₹1110 to make 38 friendship bands and sells all of them at ₹30 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
- 30.For Dev, is “a warm blanket” a need or a want? (a) Need (b) Want
- 31.A study lamp costs ₹920. The shop gives 50% off. How many rupees is the discount?
- 32.Which is worth the most: a ₹50 note, a ₹1 coin or a ₹500 note? (a) 50-rupee note (b) 1-rupee coin (c) 500-rupee note
- 33.An ice candy costs ₹9 and a biscuit packet costs ₹11. How many rupees more does the biscuit packet cost?
- 34.Nisha buys 2 pencils at ₹8 each and pays ₹20. How much change does Nisha get (in ₹)?
- 35.Zoya has 3 notes of ₹200, 2 notes of ₹10 and 4 coins of ₹2. How many rupees does Zoya have?
- 36.Of a ₹23000 monthly budget, 5% goes on travel and 50% on clothes. The rest is saved. How many rupees are saved?
- 37.Shop A sells 6 samosas for ₹72. Shop B sells 3 samosas for ₹42. What does one samosa cost at the cheaper shop (in ₹)?
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38.Ananya’s passbook:
Opening balance: ₹2400
Debit: ₹300
Credit: ₹500
Debit: ₹150
Credit: ₹300
What is the total of all the debits (in ₹)? - 39.How many notes of ₹200 make ₹600?
- 40.Which is the same money as one ₹100 note? (a) three 50-rupee notes (b) four 50-rupee notes (c) two 50-rupee notes
Answer key
- 40
- 140
- 99
- Tell a parent at once
- The name and amount
- milk
- 50
- 170
- 630
- 420
- 20
- 100-rupee note
- 1480
- 2
- 7
- 1
- 880
- 66
- 398
- 175
- 80
- 1605
- 100 + 50 + 2
- 5
- 3
- 9
- 26
- 4
- Profit
- Need
- 460
- 500-rupee note
- 2
- 4
- 628
- 10350
- 12
- 450
- 3
- two 50-rupee notes
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids