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.Kabir has 2 notes of ₹200 and 3 notes of ₹50. How many rupees does Kabir have?
- 2.Saanvi has a budget of ₹1000 for a birthday party. The return gifts cost ₹130, the balloons cost ₹80 and the snacks cost ₹180. How many rupees are left?
- 3.How many ₹10 notes make a ₹50 note?
-
4.Joseph’s passbook:
Opening balance: ₹3500
Credit (money in): ₹200
Debit (money out): ₹3050
What is the balance now (in ₹)? - 5.What is the smallest number of coins and notes that make ₹124?
- 6.Arjun saves ₹30 every week for 5 weeks, then buys a bicycle for ₹60. How many rupees are left?
- 7.A family plans ₹7000 for the month. 20% of it is for food. How many rupees is that?
- 8.Someone online asks Gurpreet for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) No one (c) A friend at school
- 9.₹600 earns 5% simple interest per year. In how many years will the interest be ₹90?
- 10.Pooja gets ₹2000 interest from the bank. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
-
11.Tara’s shop bill:
3 geometry boxes at ₹135 each
3 lunch boxes at ₹195 each
2 notebooks at ₹60 each
What is the total bill (in ₹)? - 12.Aarav wants a wristwatch that costs ₹1110, has ₹480 already and saves ₹70 every week. In how many weeks will Aarav have enough?
- 13.Shop A sells a badminton racket for ₹575 with free delivery. Shop B sells it for ₹300 plus ₹50 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 14.Joseph’s class stall spends ₹60 to make 14 friendship bands and sells all of them at ₹5 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 15.Meera keeps ₹900 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
- 16.Which is worth the most: a ₹10 note, a ₹2 coin or a ₹1 coin? (a) 1-rupee coin (b) 2-rupee coin (c) 10-rupee note
- 17.Tara spends ₹360 of ₹900 pocket money on books. What percent is that?
- 18.A 10 kg bag of rice costs ₹800. A 5 kg bag costs ₹380. How many rupees per kg do you save with the cheaper bag?
- 19.Which is the smallest amount: ₹75, ₹83 or ₹39? (a) 39 rupees (b) 75 rupees (c) 83 rupees
- 20.Dev gets ₹18 every day. How many rupees is that in one week (7 days)?
-
21.Price list: notebook ₹40, ice candy ₹14, banana ₹7, sticker sheet ₹9.
Nisha has ₹50 and buys an ice candy. How many rupees are left? - 22.Which is worth the least: a ₹10 note, a ₹1 coin or a ₹500 note? (a) 1-rupee coin (b) 10-rupee note (c) 500-rupee note
- 23.Shop A sells 4 geometry boxes for ₹360. Shop B sells 3 geometry boxes for ₹360. What does one geometry box cost at the cheaper shop (in ₹)?
- 24.There are 10 children in a class. Each child needs one notebook at ₹40. What is the total cost (in ₹)?
- 25.A yo-yo costs ₹94. Dev has ₹20 and ₹10. How many more rupees does Dev need?
- 26.Priya’s mother has ₹2600 in her bank account. She pays ₹50 for medicines and ₹210 for bread by UPI. How many rupees are left in the account?
-
27.Saanvi’s passbook:
Opening balance: ₹4300
Debit: ₹250
Credit: ₹150
Debit: ₹300
Credit: ₹400
What is the total of all the debits (in ₹)? - 28.A family plans ₹40000 for the month. 40% of it is for electricity. How many rupees is that?
- 29.Shop A sells a water bottle for ₹160 with free delivery. Shop B sells it for ₹145 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 30.What is the smallest number of coins and notes that make ₹70?
- 31.Farhan has one ₹500 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 32.Which is the biggest amount: ₹59, ₹68 or ₹74? (a) 74 rupees (b) 68 rupees (c) 59 rupees
- 33.Arjun gets ₹14 every day. How many rupees is that in one week (7 days)?
- 34.A dozen (12) bangles cost ₹72. What does one cost (in ₹)?
- 35.Ishaan spends ₹70 to start a stall and sells each plate of bhel for ₹30. What is the smallest number Ishaan must sell to get back the ₹70?
- 36.A day trip costs ₹1160 in all. 4 friends share the cost equally. How much does each friend pay (in ₹)?
- 37.A school bag costs ₹320. The shop gives 50% off. How many rupees is the discount?
- 38.Shop A sells 2 notebooks for ₹80. Shop B sells 4 notebooks for ₹120. Which shop is cheaper for one notebook? (a) Shop A (b) Shop B
- 39.A dozen (12) bangles cost ₹96. What does one cost (in ₹)?
- 40.Isha buys a pen for ₹22 and a football for ₹365, and pays with a ₹500 note. How much change does Isha get (in ₹)?
Answer key
- 550
- 610
- 5
- 650
- 4
- 90
- 1400
- No one
- 3
- Credit
- 1110
- 9
- Shop B
- Profit
- 90
- 10-rupee note
- 40
- 4
- 39 rupees
- 126
- 36
- 1-rupee coin
- 90
- 400
- 64
- 2340
- 550
- 16000
- Shop A
- 2
- Note
- 74 rupees
- 98
- 6
- 3
- 290
- 160
- Shop B
- 8
- 113
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids