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.A toy train costs ₹200. Offer 1: 25% off. Offer 2: ₹10 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
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2.Lakshmi’s shop bill:
3 mangoes at ₹20 each
1 cricket ball at ₹105
3 samosas at ₹20 each
What is the total bill (in ₹)? - 3.Priya buys a samosa for ₹14 and pays with a ₹100 note. How much change does Priya get (in ₹)?
- 4.Which is worth the least: a ₹20 coin, a ₹2 coin or a ₹100 note? (a) 2-rupee coin (b) 100-rupee note (c) 20-rupee coin
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5.Saanvi’s passbook:
Opening balance: ₹3200
Debit: ₹50
Credit: ₹400
Credit: ₹150
Credit: ₹100
What is the total of all the credits (in ₹)? - 6.How many school bags can you buy with ₹1740 if one costs ₹580?
- 7.A juice box costs ₹25 and a banana costs ₹4. How many rupees more does the juice box cost?
- 8.₹13.50 + ₹8.50 =
- 9.₹200 + ₹260 =
- 10.₹400 earns 5% simple interest per year. In how many years will the interest be ₹100?
- 11.A badminton racket costs ₹555 online. Delivery is ₹50 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 12.1100 paise is how many rupees? =
- 13.A toffee costs ₹2. Isha pays ₹10. How much change does Isha get (in ₹)?
- 14.₹14.50 + ₹3.50 =
- 15.Zoya’s father is sending ₹2000 to a friend by UPI. What should he check before he pays? (a) The name and amount (b) Nothing at all (c) Only the phone colour
- 16.Farhan has one ₹5 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 17.There are 28 children in a class. Each child needs one pen at ₹13. What is the total cost (in ₹)?
- 18.Of a ₹9000 monthly budget, 5% goes on rent and 40% on clothes. The rest is saved. How many rupees are saved?
- 19.Aarav’s father is sending ₹2000 to a friend by UPI. What should he check before he pays? (a) The name and amount (b) Only the phone colour (c) Nothing at all
- 20.Zoya buys 5 pairs of socks at ₹60 each and pays with a ₹500 note. How much change does Zoya get (in ₹)?
- 21.What do 2 mangoes at ₹35 each and 4 geometry boxes at ₹140 each cost in all (in ₹)?
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22.Vivaan’s passbook:
Opening balance: ₹2800
Credit: ₹100
Debit: ₹50
Credit: ₹350
Debit: ₹50
What is the closing balance (in ₹)? - 23.Dev sells 22 cups of lemonade at ₹15 each. How many rupees does Dev get?
- 24.₹200 earns 7% simple interest per year. In how many years will the interest be ₹42?
- 25.What is the smallest number of coins and notes that make ₹49?
- 26.Farhan keeps ₹100 in a bank at 10% simple interest per year. How much money will there be after 4 years (in ₹)?
- 27.Gurpreet has 3 coins of ₹1. Priya has 6 notes of ₹50. Who has less money? (a) Priya (b) Gurpreet
- 28.Count up to find the change from ₹20: ₹6 + ₹? = ₹20
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29.Price list: sticker sheet ₹5, samosa ₹20, crayon box ₹35, juice box ₹30.
Which item costs the most? (a) crayon box (b) juice box (c) samosa (d) sticker sheet - 30.₹63 + ₹36 =
- 31.Shop A sells 5 pens for ₹125. Shop B sells 2 pens for ₹20. What does one pen cost at the cheaper shop (in ₹)?
- 32.How many paise are there in ₹3?
- 33.₹660 − ₹200 =
- 34.4 storybooks cost ₹440. How much do 6 storybooks cost (in ₹)?
- 35.How many notes of ₹100 make ₹800?
- 36.Riya has 1 note of ₹500 and 5 notes of ₹20. How many rupees does Riya have?
- 37.Sneha has ₹1000 for a picnic. Food costs ₹250 and tickets cost ₹690. Is ₹1000 enough? (a) No (b) Yes
- 38.Karan has ₹10. A sharpener costs ₹8. Does Karan have enough money to buy it? (a) Yes (b) No
- 39.Diya has 2 notes of ₹200 and 2 notes of ₹50. How many rupees does Diya have?
- 40.Gurpreet wants to save ₹480 for a storybook set in 6 weeks, the same amount each week. How many rupees must Gurpreet save each week?
Answer key
- Offer 1
- 225
- 86
- 2-rupee coin
- 650
- 3
- 21
- 22
- 460
- 5
- 585
- 11
- 8
- 18
- The name and amount
- Coin
- 364
- 4950
- The name and amount
- 200
- 630
- 3150
- 330
- 3
- 5
- 140
- Gurpreet
- 14
- crayon box
- 99
- 10
- 300
- 460
- 660
- 8
- 600
- Yes
- Yes
- 500
- 80
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids