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 cricket bat costs ₹960. The shop gives 50% off. What is the sale price (in ₹)?
- 2.Rohan had ₹36. Rohan spent ₹16 on a biscuit packet. How many rupees are left?
- 3.7 storybooks cost ₹735. What does one storybook cost (in ₹)?
- 4.1650 paise is how many rupees? =
- 5.Which is the biggest amount: ₹72, ₹37 or ₹98? (a) 72 rupees (b) 37 rupees (c) 98 rupees
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6.Aarav’s passbook:
Opening balance: ₹2700
Credit: ₹50
Debit: ₹150
Debit: ₹100
Debit: ₹300
What is the closing balance (in ₹)? - 7.A toy train costs ₹180. Offer 1: 20% off. Offer 2: ₹60 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 8.₹1600 earns 7% simple interest per year. In how many years will the interest be ₹336?
- 9.Gurpreet buys a water bottle (₹140), a colour pencil set (₹100), a cricket ball (₹100) and a lunch box (₹255). What is the total (in ₹)?
- 10.Zoya’s piggy bank has 2 coins of ₹10, 5 coins of ₹5 and 5 coins of ₹2. How many rupees are in it?
- 11.A 10 kg bag of onions costs ₹520. A 1 kg bag costs ₹44. Which bag is cheaper per kg? (a) 10 kg bag (b) 1 kg bag
- 12.Count up to find the change from ₹50: ₹23 + ₹? = ₹50
- 13.10 badminton rackets cost ₹3650. What does one badminton racket cost (in ₹)?
- 14.Riya gets ₹100 pocket money every week. How many rupees is that in 9 weeks?
- 15.Which is worth more: a ₹50 note or a ₹100 note? (a) 50-rupee note (b) 100-rupee note
- 16.Riya spends ₹110 on things to make 31 friendship bands and sells them all at ₹5 each. How many rupees does Riya earn after paying the costs?
- 17.Sneha had ₹79. Sneha spent ₹13 on a kite. How many rupees are left?
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18.Price list: glue stick ₹24, sharpener ₹8, notebook ₹25, biscuit packet ₹17.
Which item costs the most? (a) sharpener (b) biscuit packet (c) glue stick (d) notebook - 19.Sneha gets ₹50 a week, spends ₹25 each week and saves the rest. How many rupees has Sneha saved after 3 weeks?
- 20.₹38 − ₹15 =
- 21.Vivaan’s piggy bank has 3 coins of ₹20, 1 coin of ₹10 and 4 coins of ₹2. How many rupees are in it?
- 22.Kavya buys 5 bananas at ₹6 each and pays ₹50. How much change does Kavya get (in ₹)?
- 23.Shop A sells 3 mangoes for ₹105. Shop B sells 6 mangoes for ₹240. Which shop is cheaper for one mango? (a) Shop B (b) Shop A
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24.Price list: ruler ₹9, juice box ₹25, biscuit packet ₹19, balloon ₹8.
How many rupees more does a juice box cost than a ruler? - 25.Manav has ₹1000 for a picnic. Food costs ₹190 and tickets cost ₹740. Is ₹1000 enough? (a) Yes (b) No
- 26.Isha buys 2 sticker sheets at ₹6 each and pays ₹20. How much change does Isha get (in ₹)?
- 27.A dozen (12) pencils cost ₹84. What does one cost (in ₹)?
- 28.₹300 earns 5% simple interest per year. In how many years will the interest be ₹45?
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29.Aarav’s passbook:
Opening balance: ₹4500
Credit: ₹50
Debit: ₹200
Debit: ₹450
Debit: ₹350
What is the closing balance (in ₹)? - 30.Which is worth more: a ₹10 coin or a ₹20 coin? (a) 20-rupee coin (b) 10-rupee coin
- 31.Zoya has ₹59 in a piggy bank. Dadi gives Zoya ₹6 more. How many rupees does Zoya have now?
- 32.Kabir’s class stall spends ₹380 to make 17 cupcakes and sells all of them at ₹20 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 33.Isha had ₹39. Isha spent ₹23 on a glue stick. How many rupees are left?
- 34.Kavya has 3 notes of ₹50. Arjun has 3 notes of ₹10. Who has more money? (a) Arjun (b) Kavya
- 35.Someone online asks Ishaan for the family UPI PIN. Who should ever be told a PIN or OTP? (a) No one (b) A friend at school (c) A caller from the bank
- 36.Pooja has ₹500. In a piggy bank it stays ₹500. In a bank at 7% simple interest per year, how many rupees more will Pooja have after 4 years?
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37.Zoya’s passbook:
Opening balance: ₹2600
Credit (money in): ₹600
Debit (money out): ₹3050
What is the balance now (in ₹)? - 38.What is the smallest number of coins and notes that make ₹129?
- 39.Kabir has 2 notes of ₹50, 3 notes of ₹10 and 5 coins of ₹5. How many rupees does Kabir have?
- 40.How many ₹50 notes make a ₹500 note?
Answer key
- 480
- 20
- 105
- 16.5
- 98 rupees
- 2200
- Offer 2
- 3
- 595
- 55
- 1 kg bag
- 27
- 365
- 900
- 100-rupee note
- 45
- 66
- notebook
- 75
- 23
- 78
- 20
- Shop A
- 16
- Yes
- 8
- 7
- 3
- 3550
- 20-rupee coin
- 65
- Loss
- 16
- Kavya
- No one
- 140
- 150
- 5
- 155
- 10
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids