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 samosa costs ₹11 and a juice box costs ₹20. How many rupees more does the juice box cost?
- 2.A raincoat costs ₹660. Offer 1: 10% off. Offer 2: ₹230 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 3.Tara has a budget of ₹500 for a birthday party. The cake cost ₹30, the return gifts cost ₹40 and the decorations cost ₹100. How many rupees are left?
- 4.₹170 + ₹270 =
- 5.₹26 − ₹20 =
- 6.Pooja keeps ₹1600 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
- 7.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
- 8.Joseph saves ₹100 every week for 10 weeks, then buys a bicycle for ₹210. How many rupees are left?
- 9.A day trip costs ₹380 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
- 10.₹33 + ₹25 =
- 11.A dozen (12) bananas cost ₹96. What does one cost (in ₹)?
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12.Ishaan’s shop bill:
3 pens at ₹24 each
1 badminton racket at ₹510
1 colour pencil set at ₹75
What is the total bill (in ₹)? - 13.Sneha has ₹1800. In a piggy bank it stays ₹1800. In a bank at 4% simple interest per year, how many rupees more will Sneha have after 4 years?
- 14.Tara keeps ₹1600 in a bank. After 3 years the simple interest is ₹288. What is the rate of interest per year (in %)?
- 15.A dozen (12) guavas cost ₹96. What does one cost (in ₹)?
- 16.Karan spends ₹30 of ₹600 pocket money on books. What percent is that?
- 17.Kavya has ₹9. A pencil costs ₹5. Does Kavya have enough money to buy it? (a) No (b) Yes
- 18.₹1.50 + ₹14 =
- 19.One pair of socks costs ₹55. How much do 8 pairs of socks cost (in ₹)?
- 20.Meera has ₹500 for a picnic. Food costs ₹60 and tickets cost ₹390. Is ₹500 enough? (a) Yes (b) No
- 21.Pooja gets ₹50 a week, spends ₹35 each week and saves the rest. How many rupees has Pooja saved after 7 weeks?
- 22.Zoya buys 2 balloons at ₹10 each and pays ₹50. How much change does Zoya get (in ₹)?
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23.Price list: glue stick ₹16, sharpener ₹5, ice candy ₹8, samosa ₹14.
How much do 2 samosas cost (in ₹)? - 24.Arjun has 4 coins of ₹1. Gurpreet has 3 notes of ₹10. How many more rupees does Gurpreet have?
- 25.Which is worth more: a ₹200 note or a ₹1 coin? (a) 1-rupee coin (b) 200-rupee note
- 26.A storybook costs ₹68. Pooja has ₹5 and ₹5. How many more rupees does Pooja need?
- 27.A dozen (12) bangles cost ₹72. What does one cost (in ₹)?
- 28.₹1800 earns 6% simple interest per year. In how many years will the interest be ₹108?
- 29.For Meera, is “medicine when ill” a need or a want? (a) Need (b) Want
- 30.Meera’s class stall spends ₹130 to make 13 friendship bands and sells all of them at ₹10 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 31.Gurpreet spends ₹60 of ₹200 pocket money on books. What percent is that?
- 32.₹29 + ₹19 + ₹38 =
- 33.A pencil costs ₹5. Priya pays ₹10. How much change does Priya get (in ₹)?
- 34.Rohan gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Rohan do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
- 35.A stranger asks Priya to scan a QR code to “get” ₹2000. What is true? (a) Scanning a QR pays money (b) It gives you money (c) QR codes are always safe
- 36.Aarav buys a biscuit packet for ₹10 and a samosa for ₹11, and pays ₹50. How much change does Aarav get (in ₹)?
- 37.Aarav is making a shopping list. Which of these is a want? (a) a raincoat (b) soap (c) toothpaste (d) a fancy phone cover
- 38.Pooja gets ₹350 pocket money every month. How many rupees is that in one year (12 months)?
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39.Ishaan’s passbook:
Opening balance: ₹3800
Credit (money in): ₹150
Debit (money out): ₹?
Closing balance: ₹1850
How many rupees was the debit? - 40.Aditya has 4 notes of ₹100. Sneha has 7 coins of ₹5. Who has less money? (a) Sneha (b) Aditya
Answer key
- 9
- Offer 2
- 330
- 440
- 6
- 1728
- 10-rupee coin
- 790
- 190
- 58
- 8
- 657
- 288
- 6
- 8
- 5
- Yes
- 15.5
- 440
- Yes
- 105
- 30
- 28
- 26
- 200-rupee note
- 58
- 6
- 1
- Need
- No profit, no loss
- 30
- 86
- 5
- Never share the OTP
- Scanning a QR pays money
- 29
- a fancy phone cover
- 4200
- 2100
- Sneha
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids