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.Kavya’s mother has ₹1300 in her bank account. She pays ₹140 for school books and ₹100 for medicines by UPI. How many rupees are left in the account?
- 2.Saanvi has ₹100. In a piggy bank it stays ₹100. In a bank at 8% simple interest per year, how many rupees more will Saanvi have after 5 years?
- 3.Farhan’s class stall spends ₹130 to make 11 plates of bhel and sells all of them at ₹10 each. What is the loss (in ₹)?
- 4.Ananya has 2 coins of ₹2. Dev has 7 notes of ₹20. How many more rupees does Dev have?
- 5.A dozen (12) eggs cost ₹72. What does one cost (in ₹)?
- 6.₹1800 earns 10% simple interest per year. In how many years will the interest be ₹900?
- 7.A storybook costs ₹59. Aarav has ₹5 and ₹5. How many more rupees does Aarav need?
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8.Kabir’s passbook:
Opening balance: ₹3300
Credit: ₹250
Debit: ₹250
Debit: ₹250
Credit: ₹150
What is the closing balance (in ₹)? - 9.A school bag costs ₹220. The shop gives 20% off. What is the sale price (in ₹)?
- 10.A pair of shoes costs ₹240. Offer 1: 10% off. Offer 2: ₹50 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 11.The bill for a lunch box and a storybook is ₹275. A lunch box costs ₹175. What does the storybook cost (in ₹)?
- 12.How many notes of ₹10 make ₹30?
- 13.Arjun saves ₹70 every week for 6 weeks, then buys an art kit for ₹400. How many rupees are left?
- 14.A 1 kg bag of sugar costs ₹41. A 5 kg bag costs ₹240. How many rupees per kg do you save with the cheaper bag?
- 15.Gurpreet buys a storybook for ₹125 and a plate of idli for ₹30, and pays with a ₹500 note. How much change does Gurpreet get (in ₹)?
- 16.Shop A sells 6 geometry boxes for ₹840. Shop B sells 4 geometry boxes for ₹360. Which shop is cheaper for one geometry box? (a) Shop A (b) Shop B
- 17.Count up to find the change from ₹20: ₹8 + ₹? = ₹20
- 18.How many coins of ₹10 does Gurpreet need to make ₹30?
- 19.A dozen (12) pencils cost ₹48. What does one cost (in ₹)?
- 20.What do 2 geometry boxes at ₹90 each and 3 notebooks at ₹35 each cost in all (in ₹)?
- 21.Aarav has 3 notes of ₹20. Aditya has 3 notes of ₹100. How many more rupees does Aditya have?
- 22.5 geometry boxes cost ₹400. What does one geometry box cost (in ₹)?
- 23.Sneha buys 2 pens at ₹14 each and pays with a ₹500 note. How much change does Sneha get (in ₹)?
- 24.A pair of shoes costs ₹880. The shop gives 50% off. What is the sale price (in ₹)?
- 25.Which is the biggest amount: ₹69, ₹50 or ₹21? (a) 69 rupees (b) 50 rupees (c) 21 rupees
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26.Priya’s passbook:
Opening balance: ₹3100
Credit (money in): ₹250
Debit (money out): ₹?
Closing balance: ₹2300
How many rupees was the debit? - 27.Which is worth the most: a ₹200 note, a ₹1 coin or a ₹10 coin? (a) 10-rupee coin (b) 1-rupee coin (c) 200-rupee note
- 28.Joseph has 1 note of ₹200 and 1 note of ₹50. How many rupees does Joseph have?
- 29.Lakshmi keeps ₹900 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 1 year?
- 30.Tara has ₹23. A juice box costs ₹20. Does Tara have enough money to buy it? (a) No (b) Yes
- 31.A skipping rope costs ₹40. Isha has ₹20 and ₹5. How many more rupees does Isha need?
- 32.A paint box costs ₹79. Manav has ₹20 and ₹2. How many more rupees does Manav need?
- 33.Saanvi has ₹200. In a piggy bank it stays ₹200. In a bank at 9% simple interest per year, how many rupees more will Saanvi have after 5 years?
- 34.Riya keeps ₹600 in a bank. After 1 year the simple interest is ₹42. What is the rate of interest per year (in %)?
- 35.The bill for a storybook and a geometry box is ₹285. A storybook costs ₹175. What does the geometry box cost (in ₹)?
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36.Pooja’s shop bill:
3 storybooks at ₹110 each
3 water bottles at ₹200 each
1 geometry box at ₹100
What is the total bill (in ₹)? - 37.Count up to find the change from ₹500: ₹113 + ₹? = ₹500
- 38.How many coins of ₹5 does Rohan need to make ₹50?
- 39.Isha has ₹50 in a piggy bank. Nani gives Isha ₹16 more. How many rupees does Isha have now?
- 40.Shop A sells 2 notebooks for ₹110. Shop B sells 6 notebooks for ₹180. What does one notebook cost at the cheaper shop (in ₹)?
Answer key
- 1060
- 40
- 20
- 136
- 6
- 5
- 49
- 3200
- 176
- Offer 2
- 100
- 3
- 20
- 7
- 345
- Shop B
- 12
- 3
- 4
- 285
- 240
- 80
- 472
- 440
- 69 rupees
- 1050
- 200-rupee note
- 250
- 72
- Yes
- 15
- 57
- 90
- 7
- 110
- 1030
- 387
- 10
- 66
- 30
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids