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 T-shirt costs ₹335 online. Delivery is ₹70 and a coupon takes ₹40 off. What is the final price (in ₹)?
- 2.₹180 + ₹230 =
- 3.A water bottle costs ₹740. The shop gives 20% off. How many rupees is the discount?
- 4.Isha’s father is sending ₹2000 to a friend by UPI. What should he check before he pays? (a) Only the phone colour (b) The name and amount (c) Nothing at all
- 5.Lakshmi gets ₹30 a week, spends ₹5 each week and saves the rest. How many rupees has Lakshmi saved after 8 weeks?
- 6.Shop A sells 2 pairs of socks for ₹170. Shop B sells 5 pairs of socks for ₹450. What does one pair of socks cost at the cheaper shop (in ₹)?
- 7.Saanvi has ₹300 for a picnic. Food costs ₹130 and tickets cost ₹90. Is ₹300 enough? (a) Yes (b) No
- 8.Aarav buys a plate of idli for ₹60 and a geometry box for ₹85, and pays with a ₹500 note. How much change does Aarav get (in ₹)?
- 9.Farhan keeps ₹1900 in a bank. After 4 years the simple interest is ₹532. What is the rate of interest per year (in %)?
- 10.Which is the smallest amount: ₹54, ₹63 or ₹39? (a) 63 rupees (b) 39 rupees (c) 54 rupees
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11.Rahul’s shop bill:
1 badminton racket at ₹495
1 storybook at ₹135
1 water bottle at ₹220
What is the total bill (in ₹)? - 12.Ishaan gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Ishaan do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
- 13.A stranger asks Meera to scan a QR code to “get” ₹1000. What is true? (a) QR codes are always safe (b) It gives you money (c) Scanning a QR pays money
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14.Price list: glue stick ₹22, ice candy ₹11, toffee ₹3, ruler ₹9.
How much do a toffee and an ice candy cost together (in ₹)? - 15.What is the smallest number of coins and notes that make ₹85?
- 16.A 1 kg bag of wheat flour costs ₹36. A 10 kg bag costs ₹310. How many rupees per kg do you save with the cheaper bag?
- 17.Pooja had ₹97. Pooja spent ₹20 on a juice box. How many rupees are left?
- 18.A 5 kg bag of rice costs ₹325. A 1 kg bag costs ₹69. How many rupees per kg do you save with the cheaper bag?
- 19.Isha makes 2 paper bookmarks an hour and sells each one for ₹25. How many rupees can Isha earn from 2 hours of work?
- 20.Nisha spends ₹160 to start a stall and sells each cup of lemonade for ₹25. What is the smallest number Nisha must sell to get back the ₹160?
- 21.Tara keeps ₹1600 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
- 22.Manav buys a ruler for ₹14 and a sharpener for ₹4, and pays ₹50. How much change does Manav get (in ₹)?
- 23.A ruler costs ₹14. Riya pays ₹50. How much change does Riya get (in ₹)?
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24.Price list: sticker sheet ₹11, ruler ₹14, banana ₹4, pencil ₹7.
Which item costs the least? (a) banana (b) sticker sheet (c) ruler (d) pencil - 25.Zoya buys a notebook for ₹35 and an eraser for ₹5. How many rupees does Zoya spend in all?
- 26.A study lamp costs ₹860. Offer 1: 10% off. Offer 2: ₹110 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 27.Joseph sees that ₹1000 was sent to a wrong number by mistake. What should Joseph do first? (a) Pay again to fix it (b) Keep it a secret (c) Tell a parent at once
- 28.The bill for 2 lunch boxes and a pen is ₹552. A lunch box costs ₹270. What does the pen cost (in ₹)?
- 29.9 cricket balls cost ₹1260. What does one cricket ball cost (in ₹)?
- 30.Tara sees that ₹10000 was sent to a wrong number by mistake. What should Tara do first? (a) Keep it a secret (b) Pay again to fix it (c) Tell a parent at once
- 31.Ananya gets ₹500 pocket money every month. How many rupees is that in one year (12 months)?
- 32.Aditya gets ₹50 a week, spends ₹25 each week and saves the rest. How many rupees has Aditya saved after 2 weeks?
- 33.Riya buys a geometry box (₹95), a pen (₹24), a water bottle (₹220) and a mango (₹25). What is the total (in ₹)?
- 34.Joseph buys a pair of socks for ₹55 and pays with a ₹100 note. How much change does Joseph get (in ₹)?
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35.Karan’s passbook:
Opening balance: ₹1500
Credit (money in): ₹700
Debit (money out): ₹300
What is the balance now (in ₹)? - 36.Arjun is making a shopping list. Which of these is a want? (a) school shoes (b) rice and dal (c) a schoolbag (d) a toy robot
- 37.Which coins and notes make exactly ₹103? (a) 2 + 2 + 1 (b) 100 + 10 + 1 (c) 100 + 2 + 1
- 38.Arjun sees that ₹1000 was sent to a wrong number by mistake. What should Arjun do first? (a) Pay again to fix it (b) Keep it a secret (c) Tell a parent at once
- 39.₹58 − ₹56 =
- 40.8 children go on a school trip to the fort. The bus costs ₹60 for each child and the ticket costs ₹35 for each child. What is the total cost (in ₹)?
Answer key
- 365
- 410
- 148
- The name and amount
- 200
- 85
- Yes
- 355
- 7
- 39 rupees
- 850
- Never share the OTP
- Scanning a QR pays money
- 14
- 4
- 5
- 77
- 4
- 100
- 7
- 640
- 32
- 36
- banana
- 40
- Offer 2
- Tell a parent at once
- 12
- 140
- Tell a parent at once
- 6000
- 50
- 364
- 45
- 1900
- a toy robot
- 100 + 2 + 1
- Tell a parent at once
- 2
- 760
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids