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.Priya’s mother has ₹1300 in her bank account. She pays ₹400 for vegetables and ₹350 for school books by UPI. How many rupees are left in the account?
- 2.A day trip costs ₹660 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
- 3.Tara’s mother has ₹2500 in her bank account. She pays ₹110 for fruit and ₹130 for school books by UPI. How many rupees are left in the account?
- 4.Ishaan makes 4 paper bookmarks an hour and sells each one for ₹5. How many rupees can Ishaan earn from 2 hours of work?
-
5.Isha’s passbook:
Opening balance: ₹1900
Credit (money in): ₹100
Debit (money out): ₹1450
What is the balance now (in ₹)? - 6.Isha wants a football that costs ₹560, has ₹220 already and saves ₹50 every week. In how many weeks will Isha have enough?
- 7.How many notes of ₹10 make ₹50?
- 8.The bill for 3 water bottles and a geometry box is ₹520. A water bottle costs ₹145. What does the geometry box cost (in ₹)?
- 9.₹350 + ₹220 =
- 10.Tara keeps ₹300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
-
11.Price list: toffee ₹2, glue stick ₹20, samosa ₹12, pencil ₹3.
How many rupees more does a glue stick cost than a toffee? - 12.Lakshmi has a budget of ₹1500 for a birthday party. The cake cost ₹110, the return gifts cost ₹110 and the balloons cost ₹180. How many rupees are left?
- 13.A football costs ₹900. The shop gives 50% off. What is the sale price (in ₹)?
- 14.Kavya gets a link: “Click now to win a phone worth ₹1000!” What should Kavya do? (a) Click it to win (b) Ignore it, tell a parent (c) Send it to friends
- 15.A juice box costs ₹25 and a balloon costs ₹10. How many rupees more does the juice box cost?
- 16.Dev’s class stall spends ₹540 to make 29 friendship bands and sells all of them at ₹20 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 17.A skipping rope costs ₹84. Sneha has ₹10 and ₹2. How many more rupees does Sneha need?
- 18.How many ₹1 coins make a ₹10 coin?
- 19.Lakshmi makes 6 clay diyas an hour and sells each one for ₹20. How many rupees can Lakshmi earn from 3 hours of work?
- 20.Arjun’s piggy bank has 4 coins of ₹10, 5 coins of ₹5 and 3 coins of ₹2. How many rupees are in it?
- 21.Kabir has 1 note of ₹200, 3 notes of ₹10 and 1 coin of ₹5. How many rupees does Kabir have?
- 22.Pooja buys a kite for ₹11 and an eraser for ₹2, and pays ₹50. How much change does Pooja get (in ₹)?
- 23.For Karan, is “a video game” a need or a want? (a) Need (b) Want
-
24.Pooja’s passbook:
Opening balance: ₹1400
Credit (money in): ₹900
Debit (money out): ₹550
What is the balance now (in ₹)? -
25.Price list: toffee ₹2, ice candy ₹8, notebook ₹35, eraser ₹3.
How many rupees more does a notebook cost than an ice candy? - 26.Gurpreet keeps ₹400 in a bank. After 1 year the simple interest is ₹40. What is the rate of interest per year (in %)?
- 27.₹18 + ₹18.50 =
-
28.Price list: notebook ₹25, eraser ₹5, toffee ₹1, crayon box ₹40.
How much do 5 toffees cost (in ₹)? - 29.Karan has one ₹2 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 30.Dev sells 12 cups of lemonade at ₹5 each. How many rupees does Dev get?
- 31.How many geometry boxes can you buy with ₹935 if one costs ₹85?
- 32.Rohan has 3 notes of ₹100. How many rupees does Rohan have?
- 33.Diya keeps ₹400 in a bank. After 1 year the simple interest is ₹32. What is the rate of interest per year (in %)?
- 34.Priya sells 14 clay diyas at ₹20 each. How many rupees does Priya get?
- 35.Rahul takes out ₹1750 from an ATM. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 36.Riya has ₹11 in a piggy bank. Mausi gives Riya ₹38 more. How many rupees does Riya have now?
- 37.Meera gets ₹12 every day. How many rupees is that in one week (7 days)?
- 38.One crayon box costs ₹35. A pack of 3 crayon boxes costs ₹101. How many rupees do you save by buying the pack instead of 3 single ones?
- 39.Kabir spends ₹190 to start a stall and sells each plate of bhel for ₹10. What is the smallest number Kabir must sell to get back the ₹190?
- 40.One small sweet costs 50 paise. How many rupees do 10 small sweets cost? =
Answer key
- 550
- 330
- 2260
- 40
- 550
- 7
- 5
- 85
- 570
- 18
- 18
- 1100
- 450
- Ignore it, tell a parent
- 15
- Profit
- 72
- 10
- 360
- 71
- 235
- 37
- Want
- 1750
- 27
- 10
- 36.5
- 5
- Coin
- 60
- 11
- 300
- 8
- 280
- Debit
- 49
- 84
- 4
- 19
- 5
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids