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.How many ₹10 coins make a ₹20 note?
- 2.Which is the smallest amount: ₹99, ₹18 or ₹13? (a) 18 rupees (b) 99 rupees (c) 13 rupees
- 3.A stall pays ₹7 for each paper bookmark and sells each one for ₹17. It sells 24 paper bookmarks. What is the total profit (in ₹)?
- 4.For Kavya, is “rice and dal” a need or a want? (a) Need (b) Want
- 5.Kabir buys a water bottle (₹155), a pair of socks (₹55), a storybook (₹90) and a T-shirt (₹235). What is the total (in ₹)?
- 6.A board game costs ₹320. The shop gives 20% off. How many rupees is the discount?
- 7.Meera has 5 coins of ₹1. How many rupees does Meera have?
- 8.Shop A sells 3 cricket balls for ₹420. Shop B sells 4 cricket balls for ₹600. Which shop is cheaper for one cricket ball? (a) Shop A (b) Shop B
- 9.Gurpreet’s piggy bank has 4 coins of ₹10, 2 coins of ₹5 and 5 coins of ₹1. How many rupees are in it?
- 10.Diya keeps ₹900 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
- 11.Someone online asks Saanvi 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.A stranger asks Rohan to scan a QR code to “get” ₹1000. What is true? (a) QR codes are always safe (b) It gives you money (c) Scanning a QR pays money
- 13.Tara buys a sharpener for ₹4 and an eraser for ₹3, and pays ₹50. How much change does Tara get (in ₹)?
- 14.How many notes of ₹50 make ₹150?
- 15.Lakshmi had ₹57. Lakshmi spent ₹30 on a crayon box. How many rupees are left?
- 16.One cricket ball costs ₹135. How much do 4 cricket balls cost (in ₹)?
- 17.How many lunch boxes can you buy with ₹500 if one costs ₹250?
- 18.Shop A sells a water bottle for ₹155 with free delivery. Shop B sells it for ₹200 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 19.Karan makes 6 friendship bands an hour and sells each one for ₹30. How many rupees can Karan earn from 2 hours of work?
- 20.A ruler costs ₹8. Diya pays ₹10. How much change does Diya get (in ₹)?
- 21.₹80 + ₹7 =
- 22.Which is the same money as one ₹200 note? (a) two 50-rupee notes (b) four 50-rupee notes (c) three 50-rupee notes
- 23.Rohan has ₹500 for a picnic. Food costs ₹60 and tickets cost ₹520. Is ₹500 enough? (a) No (b) Yes
- 24.Diya buys 2 samosas at ₹18 each and pays ₹50. How much change does Diya get (in ₹)?
- 25.Manav sees that ₹5000 was sent to a wrong number by mistake. What should Manav do first? (a) Keep it a secret (b) Pay again to fix it (c) Tell a parent at once
- 26.A football costs ₹180. Offer 1: 25% off. Offer 2: ₹60 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 27.Priya is making a shopping list. Which of these is a need? (a) a fancy phone cover (b) a glitter pen set (c) medicine when ill (d) extra comic books
- 28.7 cricket balls cost ₹735. What does one cricket ball cost (in ₹)?
- 29.Priya buys 2 biscuit packets at ₹12 each and pays ₹50. How much change does Priya get (in ₹)?
- 30.A board game costs ₹800. The shop gives 20% off. What is the sale price (in ₹)?
- 31.There are 39 children in a class. Each child needs one pen at ₹16. What is the total cost (in ₹)?
- 32.Arjun wants a football that costs ₹300. Arjun saves ₹100 every week. How many weeks will it take?
- 33.Shop A sells a water bottle for ₹195 with free delivery. Shop B sells it for ₹200 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
- 34.A samosa costs ₹11 and an ice candy costs ₹8. How many rupees more does the samosa cost?
- 35.₹50 + ₹39 =
- 36.Ananya has 2 notes of ₹50 and 2 notes of ₹10. How many rupees does Ananya have?
- 37.Rahul keeps ₹1200 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
- 38.Manav makes 6 paper bookmarks an hour and sells each one for ₹30. How many rupees can Manav earn from 2 hours of work?
- 39.Ananya has 3 coins of ₹1. Nisha has 8 notes of ₹20. Who has less money? (a) Ananya (b) Nisha
- 40.A family plans ₹26000 for the month. 30% of it is for school fees. How many rupees is that?
Answer key
- 2
- 13 rupees
- 240
- Need
- 535
- 64
- 5
- Shop A
- 55
- 972
- No one
- Scanning a QR pays money
- 43
- 3
- 27
- 540
- 2
- Shop A
- 360
- 2
- 87
- four 50-rupee notes
- No
- 14
- Tell a parent at once
- Offer 2
- medicine when ill
- 105
- 26
- 640
- 624
- 3
- 45
- 3
- 89
- 120
- 480
- 360
- Ananya
- 7800
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