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 message says Kavya has won ₹1000. 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
- 2.Diya wants to save ₹500 for a wristwatch in 5 weeks, the same amount each week. How many rupees must Diya save each week?
- 3.A dozen (12) eggs cost ₹108. What does one cost (in ₹)?
- 4.Pooja buys a mango (₹35), a lunch box (₹290), a samosa (₹14) and a notebook (₹50). What is the total (in ₹)?
- 5.₹2 + ₹50 + ₹? = ₹152
- 6.Of a ₹36000 monthly budget, 40% goes on rent and 25% on travel. The rest is saved. What percent is saved?
- 7.Gurpreet gets ₹100 a week, spends ₹70 each week and saves the rest. How many rupees has Gurpreet saved after 7 weeks?
- 8.Manav gets ₹1900 interest from the bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 9.A biscuit packet costs ₹14. Zoya pays ₹50. How much change does Zoya get (in ₹)?
- 10.Lakshmi keeps ₹900 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
- 11.Of a ₹10000 monthly budget, 5% goes on electricity and 50% on school fees. The rest is saved. How many rupees are saved?
- 12.Pooja wants a wristwatch that costs ₹990. Pooja saves ₹30 every week. How many weeks will it take?
- 13.Tara keeps ₹2000 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 2 years?
- 14.Priya deposits ₹500 of birthday money. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 15.A water bottle costs ₹360. The shop gives 20% off. How many rupees is the discount?
- 16.2 friends run a stall selling plates of bhel and make a profit of ₹580. They share it equally. How many rupees does each friend get?
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17.Price list: toffee ₹3, glue stick ₹22, eraser ₹2, pencil ₹4.
Saanvi has ₹50 and buys an eraser. How many rupees are left? - 18.Joseph buys a samosa for ₹12 and a banana for ₹6, and pays ₹50. How much change does Joseph get (in ₹)?
- 19.After 10% off, a study lamp costs ₹216. What was the price before the sale (in ₹)?
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20.Kabir’s passbook:
Opening balance: ₹3700
Debit: ₹400
Debit: ₹400
Credit: ₹500
Credit: ₹500
What is the closing balance (in ₹)? - 21.Arjun has ₹46 in a piggy bank. Dadi gives Arjun ₹26 more. How many rupees does Arjun have now?
- 22.Sneha spends ₹250 of ₹1000 pocket money on books. What percent is that?
- 23.Count up to find the change from ₹10: ₹8 + ₹? = ₹10
- 24.Aditya has ₹530 for return gifts. Each gift costs ₹25. What is the greatest number of gifts Aditya can buy?
- 25.What do 3 geometry boxes at ₹90 each and 5 pens at ₹14 each cost in all (in ₹)?
- 26.A 1 kg bag of wheat flour costs ₹33. A 2 kg bag costs ₹94. How many rupees per kg do you save with the cheaper bag?
- 27.Of a ₹45000 monthly budget, 20% goes on travel and 50% on school fees. The rest is saved. What percent is saved?
- 28.One storybook costs ₹190. How much do 5 storybooks cost (in ₹)?
- 29.Aarav wants a board game that costs ₹520. Aarav saves ₹40 every week. How many weeks will it take?
- 30.A 10 kg bag of sugar costs ₹500. A 5 kg bag costs ₹240. Which bag is cheaper per kg? (a) 10 kg bag (b) 5 kg bag
- 31.Which is worth more: a ₹20 coin or a ₹1 coin? (a) 20-rupee coin (b) 1-rupee coin
- 32.Lakshmi has 8 notes of ₹50. Aarav has 2 notes of ₹20. How many more rupees does Lakshmi have?
- 33.A jacket costs ₹680. The shop gives 20% off. What is the sale price (in ₹)?
- 34.Kabir keeps ₹400 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
- 35.Which is worth the least: a ₹50 note, a ₹100 note or a ₹10 coin? (a) 50-rupee note (b) 100-rupee note (c) 10-rupee coin
- 36.Vivaan has 1 note of ₹200 and 2 notes of ₹50. How many rupees does Vivaan have?
- 37.Count up to find the change from ₹50: ₹42 + ₹? = ₹50
- 38.Diya’s class stall spends ₹205 to make 13 greeting cards and sells all of them at ₹15 each. What is the loss (in ₹)?
- 39.Pooja’s piggy bank has 1 coin of ₹20, 4 coins of ₹10 and 1 coin of ₹5. How many rupees are in it?
- 40.₹350 + ₹390 =
Answer key
- No PIN to receive money
- 100
- 9
- 389
- 100
- 35
- 210
- Credit
- 36
- 936
- 4500
- 33
- 240
- Credit
- 72
- 290
- 48
- 32
- 240
- 3900
- 72
- 25
- 2
- 21
- 340
- 14
- 30
- 950
- 13
- 5 kg bag
- 20-rupee coin
- 360
- 544
- 540
- 10-rupee coin
- 300
- 8
- 10
- 65
- 740
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids