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.Rohan has 2 notes of ₹100 and 1 note of ₹10. How many rupees does Rohan have?
- 2.Joseph is making a shopping list. Which of these is a need? (a) sweets every day (b) a video game (c) extra comic books (d) medicine when ill
- 3.Lakshmi buys 4 cricket balls at ₹100 each and pays with a ₹500 note. How much change does Lakshmi get (in ₹)?
- 4.Which coins and notes make exactly ₹56? (a) 50 + 10 + 1 (b) 50 + 5 + 1 (c) 10 + 5 + 1
- 5.Riya has 2 coins of ₹10 and 5 coins of ₹5. How many rupees does Riya have?
- 6.₹27 + ₹20 + ₹5 =
- 7.What is the smallest number of coins and notes that make ₹177?
- 8.Gurpreet has 3 coins of ₹1. Sneha has 2 notes of ₹10. How many more rupees does Sneha have?
- 9.Karan has one ₹200 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 10.₹3.50 + ₹20 =
- 11.A dozen (12) bananas cost ₹60. What does one cost (in ₹)?
- 12.How many paise are there in ₹11?
- 13.Nisha gets a link: “Click now to win a phone worth ₹50000!” What should Nisha do? (a) Send it to friends (b) Ignore it, tell a parent (c) Click it to win
- 14.Karan’s class stall spends ₹930 to make 36 clay diyas and sells all of them at ₹25 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
- 15.Kavya has ₹28. A juice box costs ₹25. Does Kavya have enough money to buy it? (a) No (b) Yes
- 16.What do 5 notebooks at ₹40 each and 5 pens at ₹22 each cost in all (in ₹)?
- 17.Ishaan gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Ishaan do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
- 18.₹86 − ₹15 =
- 19.How many pens can you buy with ₹110 if one costs ₹11?
- 20.₹1000 earns 8% simple interest per year. In how many years will the interest be ₹80?
- 21.Lakshmi has a budget of ₹1500 for a birthday party. The cake cost ₹110, the balloons cost ₹120 and the snacks cost ₹330. How many rupees are left?
- 22.Count up to find the change from ₹500: ₹179 + ₹? = ₹500
- 23.₹170 + ₹280 =
- 24.₹34 + ₹15 + ₹30 =
- 25.Priya keeps ₹1100 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
- 26.Aditya gets a link: “Click now to win a phone worth ₹10000!” What should Aditya do? (a) Ignore it, tell a parent (b) Send it to friends (c) Click it to win
- 27.Zoya gets ₹250 from a relative by bank transfer. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 28.Meera buys 2 toffees at ₹1 each and pays ₹20. How much change does Meera get (in ₹)?
- 29.Karan has 8 notes of ₹100. Riya has 4 notes of ₹10. How many more rupees does Karan have?
- 30.Which is worth the most: a ₹100 note, a ₹10 note or a ₹200 note? (a) 10-rupee note (b) 200-rupee note (c) 100-rupee note
- 31.Gurpreet buys an eraser for ₹2 and a toffee for ₹2. How many rupees does Gurpreet spend in all?
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32.Price list: pencil ₹7, sharpener ₹9, toffee ₹3, banana ₹5.
How much do a toffee and a sharpener cost together (in ₹)? - 33.Kabir spends ₹130 on things to make 16 clay diyas and sells them all at ₹10 each. How many rupees does Kabir earn after paying the costs?
- 34.Vivaan has ₹450 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Vivaan can buy?
- 35.Shop A sells a badminton racket for ₹350 with free delivery. Shop B sells it for ₹375 plus ₹50 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 36.A school bag costs ₹785 online. Delivery is ₹30 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 37.Manav buys a pen for ₹11 and a pair of socks for ₹85, and pays with a ₹500 note. How much change does Manav get (in ₹)?
- 38.After 50% off, a toy train costs ₹170. What was the price before the sale (in ₹)?
- 39.Karan is making a shopping list. Which of these is a need? (a) notebooks for school (b) a fancy phone cover (c) a third cricket bat (d) a remote-control car
- 40.A raincoat costs ₹500. The shop gives 25% off. How many rupees is the discount?
Answer key
- 210
- medicine when ill
- 100
- 50 + 5 + 1
- 45
- 52
- 5
- 17
- Note
- 23.5
- 5
- 1100
- Ignore it, tell a parent
- Loss
- Yes
- 310
- Never share the OTP
- 71
- 10
- 1
- 940
- 321
- 450
- 79
- 220
- Ignore it, tell a parent
- Credit
- 18
- 760
- 200-rupee note
- 4
- 12
- 30
- 9
- Shop A
- 805
- 404
- 340
- notebooks for school
- 125
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids