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.Which coins and notes make exactly ₹71? (a) 100 + 50 + 20 (b) 50 + 20 + 1 (c) 50 + 20 + 20
- 2.Shop A sells 4 colour pencil sets for ₹260. Shop B sells 3 colour pencil sets for ₹300. What does one colour pencil set cost at the cheaper shop (in ₹)?
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3.Aarav’s passbook:
Opening balance: ₹3500
Credit: ₹200
Debit: ₹50
Credit: ₹450
Credit: ₹200
What is the total of all the debits (in ₹)? - 4.Riya has 4 notes of ₹200, 1 note of ₹20 and 2 coins of ₹1. How many rupees does Riya have?
- 5.Rahul keeps ₹400 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
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6.Price list: pencil ₹4, ruler ₹13, glue stick ₹24, sticker sheet ₹8.
How many rupees more does a glue stick cost than a pencil? - 7.Ishaan buys a samosa for ₹16 and a cricket ball for ₹130, and pays with a ₹500 note. How much change does Ishaan get (in ₹)?
- 8.Rohan keeps ₹1900 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
- 9.5 notebooks cost ₹300. What does one notebook cost (in ₹)?
- 10.₹300 earns 9% simple interest per year. In how many years will the interest be ₹27?
- 11.How many mangoes can you buy with ₹240 if one costs ₹20?
- 12.What is the smallest number of coins and notes that make ₹156?
- 13.A toffee costs ₹1. Vivaan pays ₹50. How much change does Vivaan get (in ₹)?
- 14.Riya’s mother has ₹2900 in her bank account. She pays ₹360 for school books and ₹260 for vegetables by UPI. How many rupees are left in the account?
- 15.Which is the biggest amount: ₹72, ₹96 or ₹99? (a) 99 rupees (b) 72 rupees (c) 96 rupees
- 16.₹? + ₹50 + ₹5 = ₹75
- 17.Rahul has 7 coins of ₹20. How many rupees does Rahul have?
- 18.Shop A sells a football for ₹290 with free delivery. Shop B sells it for ₹365 plus ₹80 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 19.Gurpreet sells 18 cupcakes at ₹10 each. How many rupees does Gurpreet get?
- 20.Diya has ₹7. A banana costs ₹5. Does Diya have enough money to buy it? (a) No (b) Yes
- 21.Manav buys 3 mangoes at ₹25 each and pays with a ₹500 note. How much change does Manav get (in ₹)?
- 22.There are 15 children in a class. Each child needs one plate of idli at ₹50. What is the total cost (in ₹)?
- 23.Aditya keeps ₹400 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?
- 24.Joseph had ₹21. Joseph spent ₹12 on a ruler. How many rupees are left?
- 25.Pooja buys a sharpener for ₹4 and a glue stick for ₹15. How many rupees does Pooja spend in all?
- 26.Ananya gets ₹50 pocket money every week. How many rupees is that in 5 weeks?
- 27.A stranger asks Pooja to scan a QR code to “get” ₹25000. What is true? (a) Scanning a QR pays money (b) It gives you money (c) QR codes are always safe
- 28.A jacket costs ₹380. Offer 1: 10% off. Offer 2: ₹60 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 29.Aditya’s mother has ₹1400 in her bank account. She pays ₹250 for bread and ₹110 for milk by UPI. How many rupees are left in the account?
- 30.How many paise are there in ₹18.50?
- 31.What is the smallest number of coins and notes that make ₹159?
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32.Pooja’s passbook:
Opening balance: ₹900
Credit (money in): ₹750
Debit (money out): ₹?
Closing balance: ₹1250
How many rupees was the debit? - 33.Tara gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Tara do? (a) Send it by message (b) Never share the OTP (c) Read the OTP out
- 34.Isha buys a lunch box for ₹215 and a storybook for ₹170, and pays with a ₹500 note. How much change does Isha get (in ₹)?
- 35.A pencil costs ₹4. Tara pays ₹20. How much change does Tara get (in ₹)?
- 36.A jacket costs ₹900. The shop gives 25% off. What is the sale price (in ₹)?
- 37.Ananya gets ₹11 every day. How many rupees is that in one week (7 days)?
- 38.One pair of socks costs ₹55. How much do 2 pairs of socks cost (in ₹)?
- 39.Gurpreet has ₹1400. In a piggy bank it stays ₹1400. In a bank at 8% simple interest per year, how many rupees more will Gurpreet have after 3 years?
- 40.An eraser costs ₹2. Kabir pays ₹50. How much change does Kabir get (in ₹)?
Answer key
- 50 + 20 + 1
- 65
- 50
- 822
- 84
- 20
- 354
- 304
- 60
- 1
- 12
- 4
- 49
- 2280
- 99 rupees
- 20
- 140
- Shop A
- 180
- Yes
- 425
- 750
- 24
- 9
- 19
- 250
- Scanning a QR pays money
- Offer 2
- 1040
- 1850
- 5
- 400
- Never share the OTP
- 115
- 16
- 675
- 77
- 110
- 336
- 48
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids