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.Arjun deposits ₹450 saved in a piggy bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 2.₹140 + ₹360 =
- 3.Kavya got ₹665 in 7 weeks, the same amount every week. How many rupees is that each week?
- 4.Nisha has 7 notes of ₹20. Kavya has 7 coins of ₹1. How many more rupees does Nisha have?
- 5.A pair of shoes costs ₹500. Offer 1: 10% off. Offer 2: ₹120 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 6.One notebook costs ₹55. How much do 8 notebooks cost (in ₹)?
- 7.Aditya has ₹850. First Aditya pays for needs: a water bottle (₹90) and a geometry box (₹130). How many rupees are left for wants?
- 8.Diya deposits ₹1250 saved in a piggy bank. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 9.₹78 + ₹16 =
- 10.Zoya is making a shopping list. Which of these is a need? (a) a toy robot (b) extra comic books (c) a school uniform (d) a fancy phone cover
- 11.Gurpreet saves ₹60 every week for 7 weeks, then buys a storybook set for ₹120. How many rupees are left?
- 12.Of a ₹8000 monthly budget, 50% goes on rent and 30% on food. The rest is saved. What percent is saved?
- 13.6 colour pencil sets cost ₹360. How much do 2 colour pencil sets cost (in ₹)?
- 14.A crayon box costs ₹50 and an eraser costs ₹2. How many rupees more does the crayon box cost?
- 15.Which coins and notes make exactly ₹130? (a) 100 + 50 + 20 (b) 20 + 10 + 5 (c) 100 + 20 + 10
- 16.₹660 − ₹70 =
- 17.Saanvi spends ₹250 to start a stall and sells each clay diya for ₹20. What is the smallest number Saanvi must sell to get back the ₹250?
- 18.The bill for 4 T-shirts and a samosa is ₹833. A T-shirt costs ₹205. What does the samosa cost (in ₹)?
- 19.Nisha saves ₹80 every week for 9 weeks, then buys a board game for ₹220. How many rupees are left?
- 20.₹800 earns 2% simple interest per year. In how many years will the interest be ₹64?
- 21.Kabir gets ₹80 a week, spends ₹55 each week and saves the rest. How many rupees has Kabir saved after 8 weeks?
- 22.A storybook costs ₹54. Riya has ₹5 and ₹5. How many more rupees does Riya need?
- 23.₹350 + ₹260 =
- 24.Ishaan had ₹33. Ishaan spent ₹7 on a sticker sheet. How many rupees are left?
- 25.Rohan keeps ₹400 in a bank. After 4 years the simple interest is ₹112. What is the rate of interest per year (in %)?
- 26.Lakshmi gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Lakshmi do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
- 27.Shop A sells a water bottle for ₹230 with free delivery. Shop B sells it for ₹250 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 28.A 1 kg bag of potatoes costs ₹40. A 2 kg bag costs ₹42. How many rupees per kg do you save with the cheaper bag?
- 29.₹10 + ₹20 + ₹? = ₹32
- 30.Riya wants a cricket bat that costs ₹860, has ₹340 already and saves ₹40 every week. In how many weeks will Riya have enough?
- 31.One samosa costs ₹12. How much do 5 samosas cost (in ₹)?
- 32.A glue stick costs ₹18 and a juice box costs ₹25. How many rupees more does the juice box cost?
- 33.Rohan’s mother scans a shop’s QR code to pay ₹5000. What should she check before she pays? (a) The name of the shop (b) Nothing, just pay (c) The colour of the code
- 34.Kabir sells 42 cups of lemonade at ₹10 each. How many rupees does Kabir get?
- 35.₹21 + ₹38 =
- 36.Arjun buys a mango for ₹40 and pays with a ₹100 note. How much change does Arjun get (in ₹)?
- 37.Isha buys a toffee for ₹2 and a crayon box for ₹30, and pays ₹50. How much change does Isha get (in ₹)?
- 38.Nisha’s class stall spends ₹270 to make 16 paper bookmarks and sells all of them at ₹25 each. What is the profit (in ₹)?
- 39.Shop A sells a school bag for ₹735 with free delivery. Shop B sells it for ₹510 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 40.Karan wants to save ₹420 for an art kit in 14 weeks, the same amount each week. How many rupees must Karan save each week?
Answer key
- Credit
- 500
- 95
- 133
- Offer 2
- 440
- 630
- Credit
- 94
- a school uniform
- 300
- 20
- 120
- 48
- 100 + 20 + 10
- 590
- 13
- 13
- 500
- 4
- 200
- 44
- 610
- 26
- 7
- Never share the OTP
- Shop A
- 19
- 2
- 13
- 60
- 7
- The name of the shop
- 420
- 59
- 60
- 18
- 130
- Shop B
- 30
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids