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.₹68 − ₹13 =
- 2.Of a ₹35000 monthly budget, 50% goes on electricity and 20% on clothes. The rest is saved. What percent is saved?
- 3.Farhan’s piggy bank has 4 coins of ₹20, 4 coins of ₹10 and 5 coins of ₹1. How many rupees are in it?
- 4.Rohan buys a colour pencil set (₹100), a mango (₹30), a cricket ball (₹120) and a plate of idli (₹35). What is the total (in ₹)?
- 5.Karan has ₹14. A balloon costs ₹10. Does Karan have enough money to buy it? (a) Yes (b) No
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6.Price list: kite ₹15, sticker sheet ₹7, samosa ₹16, pencil ₹3.
How much do a kite and a sticker sheet cost together (in ₹)? - 7.Joseph had ₹43. Joseph spent ₹2 on a toffee. How many rupees are left?
- 8.Aditya has 4 coins of ₹2 and 4 coins of ₹5. How many rupees does Aditya have?
- 9.Sneha has ₹700 for return gifts. Each gift costs ₹20. What is the greatest number of gifts Sneha can buy?
- 10.How many paise are there in ₹12?
- 11.Manav has 6 coins of ₹2. How many rupees does Manav have?
- 12.One mango costs ₹20. How much do 4 mangoes cost (in ₹)?
- 13.Joseph gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Joseph do? (a) Send it by message (b) Never share the OTP (c) Read the OTP out
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14.Price list: eraser ₹2, sticker sheet ₹6, ruler ₹10, juice box ₹30.
How many rupees more does a ruler cost than a sticker sheet? - 15.Shop A sells 3 pens for ₹72. Shop B sells 2 pens for ₹34. What does one pen cost at the cheaper shop (in ₹)?
- 16.₹200 earns 2% simple interest per year. In how many years will the interest be ₹8?
- 17.₹1900 earns 10% simple interest per year. In how many years will the interest be ₹380?
- 18.Lakshmi has ₹500 for a picnic. Food costs ₹250 and tickets cost ₹250. Is ₹500 enough? (a) Yes (b) No
- 19.A jacket costs ₹160. The shop gives 50% off. How many rupees is the discount?
- 20.₹1300 earns 7% simple interest per year. In how many years will the interest be ₹182?
- 21.A 1 kg bag of potatoes costs ₹35. A 2 kg bag costs ₹78. How many rupees per kg do you save with the cheaper bag?
- 22.Kavya has 5 coins of ₹2 and 5 coins of ₹10. How many rupees does Kavya have?
- 23.What do 3 water bottles at ₹185 each and 4 geometry boxes at ₹150 each cost in all (in ₹)?
- 24.A message says Sneha has won ₹500. It asks for the UPI PIN to send the prize. What is true? (a) Enter the PIN quickly (b) No PIN to receive money (c) Prizes need your PIN
- 25.Sneha spends ₹60 of ₹600 pocket money on books. What percent is that?
- 26.A sharpener costs ₹7. Farhan pays ₹10. How much change does Farhan get (in ₹)?
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27.Aditya’s passbook:
Opening balance: ₹3500
Debit: ₹250
Debit: ₹300
Debit: ₹350
Credit: ₹150
What is the closing balance (in ₹)? - 28.₹46 + ₹33 =
- 29.Someone online asks Farhan 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
- 30.Which coins and notes make exactly ₹62? (a) 50 + 10 + 2 (b) 20 + 10 + 2 (c) 50 + 10 + 10
- 31.A pencil costs ₹4 and a ruler costs ₹15. How many rupees more does the ruler cost?
- 32.A day trip costs ₹400 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
- 33.The bill for 2 water bottles and a pair of socks is ₹310. A water bottle costs ₹130. What does the pair of socks cost (in ₹)?
- 34.Of a ₹38000 monthly budget, 40% goes on travel and 50% on clothes. The rest is saved. What percent is saved?
- 35.Rahul pays a bill of ₹500 by UPI. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
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36.Isha’s passbook:
Opening balance: ₹4100
Credit (money in): ₹600
Debit (money out): ₹?
Closing balance: ₹2300
How many rupees was the debit? - 37.Vivaan wants a wristwatch that costs ₹520. Vivaan saves ₹40 every week. How many weeks will it take?
- 38.Vivaan spends ₹200 to start a stall and sells each clay diya for ₹5. What is the smallest number Vivaan must sell to get back the ₹200?
- 39.A study lamp costs ₹720. The shop gives 20% off. What is the sale price (in ₹)?
- 40.Dev sells 19 cupcakes at ₹15 each. How many rupees does Dev get?
Answer key
- 55
- 30
- 125
- 285
- Yes
- 22
- 41
- 28
- 35
- 1200
- 12
- 80
- Never share the OTP
- 4
- 17
- 2
- 2
- Yes
- 80
- 2
- 4
- 60
- 1155
- No PIN to receive money
- 10
- 3
- 2750
- 79
- No one
- 50 + 10 + 2
- 11
- 200
- 50
- 10
- Debit
- 2400
- 13
- 40
- 576
- 285
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids