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.Meera has 5 coins of ₹1 and 3 coins of ₹10. How many rupees does Meera have?
- 2.Vivaan makes 2 friendship bands an hour and sells each one for ₹30. How many rupees can Vivaan earn from 2 hours of work?
- 3.Tara has 7 coins of ₹1. Nisha has 5 notes of ₹50. Who has less money? (a) Nisha (b) Tara
- 4.Dev has 2 notes of ₹10. How many rupees does Dev have?
- 5.Shop A sells a football for ₹430 with free delivery. Shop B sells it for ₹290 plus ₹80 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 6.One sharpener costs ₹6. A pack of 3 sharpeners costs ₹16. How many rupees do you save by buying the pack instead of 3 single ones?
- 7.Pooja’s father is sending ₹500 to a friend by UPI. What should he check before he pays? (a) The name and amount (b) Only the phone colour (c) Nothing at all
- 8.4 friends run a stall selling friendship bands and make a profit of ₹640. They share it equally. How many rupees does each friend get?
- 9.A 10 kg bag of rice costs ₹720. A 5 kg bag costs ₹240. Which bag is cheaper per kg? (a) 10 kg bag (b) 5 kg bag
- 10.₹76 − ₹23 =
- 11.A message says Tara 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
- 12.One water bottle costs ₹175. How much do 5 water bottles cost (in ₹)?
- 13.₹7.50 + ₹4.50 =
- 14.Karan has ₹9. A ruler costs ₹10. Does Karan have enough money to buy it? (a) Yes (b) No
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15.Price list: banana ₹4, notebook ₹45, samosa ₹13, glue stick ₹19.
How much do a banana and a samosa cost together (in ₹)? - 16.Farhan has 10 coins of ₹20. How many rupees does Farhan have?
- 17.Meera buys a notebook (₹45), a mango (₹25), a school bag (₹505) and a geometry box (₹125). What is the total (in ₹)?
- 18.For Joseph, is “a bigger TV” a need or a want? (a) Need (b) Want
- 19.A board game costs ₹980. The shop gives 25% off. What is the sale price (in ₹)?
- 20.A family plans ₹43000 for the month. 30% of it is for food. How many rupees is that?
- 21.Tara’s father is sending ₹2000 to a friend by UPI. What should he check before he pays? (a) Nothing at all (b) The name and amount (c) Only the phone colour
- 22.Of a ₹35000 monthly budget, 30% goes on electricity and 10% on school fees. The rest is saved. How many rupees are saved?
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23.Diya’s shop bill:
1 pair of socks at ₹70
1 cricket ball at ₹130
1 water bottle at ₹130
What is the total bill (in ₹)? - 24.Saanvi’s mother has ₹2400 in her bank account. She pays ₹130 for milk and ₹390 for a gas cylinder by UPI. How many rupees are left in the account?
- 25.How many paise are there in ₹10.50?
- 26.A football costs ₹250 online. Delivery is ₹40 and a coupon takes ₹30 off. What is the final price (in ₹)?
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27.Pooja’s passbook:
Opening balance: ₹2300
Debit: ₹50
Debit: ₹450
Credit: ₹500
Credit: ₹250
What is the closing balance (in ₹)? - 28.Diya spends ₹110 on things to make 32 paper bookmarks and sells them all at ₹5 each. How many rupees does Diya earn after paying the costs?
- 29.₹470 − ₹80 =
- 30.A water bottle costs ₹820. The shop gives 20% off. What is the sale price (in ₹)?
- 31.What do 4 pairs of socks at ₹50 each and 3 notebooks at ₹60 each cost in all (in ₹)?
- 32.Kavya has 2 notes of ₹200, 4 notes of ₹20 and 4 coins of ₹2. How many rupees does Kavya have?
- 33.How many paise are there in ₹14.50?
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34.Price list: ruler ₹8, pencil ₹7, banana ₹6, toffee ₹3.
Which item costs the most? (a) banana (b) pencil (c) ruler (d) toffee - 35.Vivaan’s mother scans a shop’s QR code to pay ₹10000. What should she check before she pays? (a) The colour of the code (b) Nothing, just pay (c) The name of the shop
- 36.A paint box costs ₹39. Arjun has ₹5 and ₹5. How many more rupees does Arjun need?
- 37.How many notes of ₹20 make ₹200?
- 38.Count up to find the change from ₹10: ₹8 + ₹? = ₹10
- 39.Riya is making a shopping list. Which of these is a want? (a) a new party dress (b) a raincoat (c) a school uniform (d) notebooks for school
- 40.Nisha keeps ₹1100 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
Answer key
- 35
- 120
- Tara
- 20
- Shop B
- 2
- The name and amount
- 160
- 5 kg bag
- 53
- No PIN to receive money
- 875
- 12
- No
- 17
- 200
- 700
- Want
- 735
- 12900
- The name and amount
- 21000
- 330
- 1880
- 1050
- 260
- 2550
- 50
- 390
- 656
- 380
- 488
- 1450
- ruler
- The name of the shop
- 29
- 10
- 2
- a new party dress
- 88
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids