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
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1.Price list: kite ₹22, glue stick ₹21, juice box ₹20, sharpener ₹5.
How many rupees more does a glue stick cost than a juice box? - 2.₹? + ₹20 + ₹1 = ₹121
- 3.Which is worth more: a ₹500 note or a ₹200 note? (a) 200-rupee note (b) 500-rupee note
- 4.A football costs ₹740. The shop gives 20% off. How many rupees is the discount?
- 5.Saanvi buys a balloon for ₹10 and a samosa for ₹15, and pays ₹50. How much change does Saanvi get (in ₹)?
- 6.6 pens cost ₹108. What does one pen cost (in ₹)?
- 7.For Dev, is “notebooks for school” a need or a want? (a) Want (b) Need
- 8.Of a ₹22000 monthly budget, 25% goes on rent and 50% on electricity. The rest is saved. What percent is saved?
- 9.₹66 − ₹43 =
- 10.Sneha has one ₹100 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 11.Aarav gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Aarav do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
- 12.Pooja buys a plate of idli for ₹45 and pays with a ₹100 note. How much change does Pooja get (in ₹)?
- 13.Gurpreet gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Gurpreet do? (a) Send it by message (b) Never share the OTP (c) Read the OTP out
- 14.Dev’s class stall spends ₹720 to make 28 friendship bands and sells all of them at ₹25 each. What is the loss (in ₹)?
- 15.Tara has ₹750. First Tara pays for needs: a water bottle (₹160) and a lunch box (₹60). How many rupees are left for wants?
- 16.A family plans ₹28000 for the month. 50% of it is for food. How many rupees is that?
- 17.₹35 − ₹10 =
- 18.Nisha buys a T-shirt (₹335), a water bottle (₹145), a storybook (₹100) and a cricket ball (₹105). What is the total (in ₹)?
- 19.Kabir makes 3 clay diyas an hour and sells each one for ₹10. How many rupees can Kabir earn from 4 hours of work?
- 20.One rubber band costs ₹3.50. How many rupees do 9 rubber bands cost? =
- 21.How many water bottles can you buy with ₹570 if one costs ₹190?
- 22.Someone online asks Aarav for the family UPI PIN. Who should ever be told a PIN or OTP? (a) No one (b) A caller from the bank (c) A friend at school
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23.Sneha’s passbook:
Opening balance: ₹2000
Credit (money in): ₹100
Debit (money out): ₹350
What is the balance now (in ₹)? - 24.How many notes of ₹50 make ₹300?
- 25.Arjun buys 4 pencils at ₹5 each and pays ₹50. How much change does Arjun get (in ₹)?
- 26.Shop A sells a T-shirt for ₹290 with free delivery. Shop B sells it for ₹225 plus ₹80 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 27.How many coins of ₹5 does Farhan need to make ₹20?
- 28.5 friends run a stall selling clay diyas and make a profit of ₹600. They share it equally. How many rupees does each friend get?
- 29.A 10 kg bag of sugar costs ₹500. A 5 kg bag costs ₹240. How many rupees per kg do you save with the cheaper bag?
- 30.Isha gets ₹90 a week, spends ₹65 each week and saves the rest. How many rupees has Isha saved after 4 weeks?
- 31.₹560 − ₹200 =
- 32.Which is the same money as one ₹100 note? (a) five 50-rupee notes (b) six 50-rupee notes (c) two 50-rupee notes
- 33.Vivaan has 9 notes of ₹10. How many rupees does Vivaan have?
- 34.Pooja’s class stall spends ₹200 to make 15 plates of bhel and sells all of them at ₹15 each. What is the profit (in ₹)?
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35.Kabir’s shop bill:
2 colour pencil sets at ₹60 each
1 mango at ₹35
2 lunch boxes at ₹210 each
What is the total bill (in ₹)? - 36.Ananya gets a link: “Click now to win a phone worth ₹1000!” What should Ananya do? (a) Send it to friends (b) Click it to win (c) Ignore it, tell a parent
- 37.Shop A sells 4 geometry boxes for ₹360. Shop B sells 3 geometry boxes for ₹240. What does one geometry box cost at the cheaper shop (in ₹)?
- 38.What is the smallest number of coins and notes that make ₹8?
- 39.Dev makes 3 paper bookmarks an hour and sells each one for ₹30. How many rupees can Dev earn from 3 hours of work?
- 40.Which is the biggest amount: ₹86, ₹64 or ₹89? (a) 64 rupees (b) 86 rupees (c) 89 rupees
Answer key
- 1
- 100
- 500-rupee note
- 148
- 25
- 18
- Need
- 25
- 23
- Note
- Never share the OTP
- 55
- Never share the OTP
- 20
- 530
- 14000
- 25
- 685
- 120
- 31.5
- 3
- No one
- 1750
- 6
- 30
- Shop A
- 4
- 120
- 2
- 100
- 360
- two 50-rupee notes
- 90
- 25
- 575
- Ignore it, tell a parent
- 80
- 3
- 270
- 89 rupees
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids