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.What is the smallest number of coins and notes that make ₹77?
- 2.A 1 kg bag of potatoes costs ₹39. A 10 kg bag costs ₹240. How many rupees per kg do you save with the cheaper bag?
- 3.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
- 4.Diya buys 2 storybooks at ₹95 each and pays with a ₹500 note. How much change does Diya get (in ₹)?
- 5.Aditya keeps ₹1200 in a bank. After 4 years the simple interest is ₹288. What is the rate of interest per year (in %)?
- 6.Ishaan has 4 coins of ₹1 and 5 coins of ₹10. How many rupees does Ishaan have?
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7.Price list: ruler ₹11, toffee ₹1, juice box ₹30, glue stick ₹24.
Which item costs the most? (a) toffee (b) ruler (c) glue stick (d) juice box - 8.Riya gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Riya do? (a) Never share the OTP (b) Read the OTP out (c) Send it by message
- 9.4 T-shirts cost ₹800. What does one T-shirt cost (in ₹)?
- 10.₹1 + ₹10 + ₹? = ₹13
- 11.Manav saves ₹100 every week for 7 weeks, then buys an art kit for ₹500. How many rupees are left?
- 12.Tara saves ₹90 every week for 5 weeks, then buys a bicycle for ₹80. How many rupees are left?
- 13.Farhan’s class stall spends ₹230 to make 38 cupcakes and sells all of them at ₹5 each. What is the loss (in ₹)?
- 14.Kavya keeps ₹200 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
- 15.A 10 kg bag of onions costs ₹270. A 1 kg bag costs ₹22. Which bag is cheaper per kg? (a) 10 kg bag (b) 1 kg bag
- 16.Kabir is making a shopping list. Which of these is a want? (a) a warm blanket (b) vegetables (c) a schoolbag (d) extra comic books
- 17.A toy car costs ₹96. Ishaan has ₹5 and ₹10. How many more rupees does Ishaan need?
- 18.Which is worth more: a ₹1 coin or a ₹100 note? (a) 100-rupee note (b) 1-rupee coin
- 19.Isha has 6 coins of ₹2 and 6 coins of ₹20. How many rupees does Isha have?
- 20.Karan makes 5 clay diyas an hour and sells each one for ₹20. How many rupees can Karan earn from 2 hours of work?
- 21.A family plans ₹11000 for the month. 20% of it is for clothes. How many rupees is that?
- 22.A water bottle costs ₹180. The shop gives 25% off. What is the sale price (in ₹)?
- 23.₹10.50 + ₹13.50 =
- 24.Arjun keeps ₹1500 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
- 25.A sharpener costs ₹6 and a toffee costs ₹1. How many rupees more does the sharpener cost?
- 26.Sneha has 4 notes of ₹100. How many rupees does Sneha have?
- 27.Dev keeps ₹100 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
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28.Price list: sharpener ₹7, notebook ₹35, biscuit packet ₹18, eraser ₹4.
How much do an eraser and a biscuit packet cost together (in ₹)? - 29.Ishaan has 8 notes of ₹20. How many rupees does Ishaan have?
- 30.Arjun has one ₹2 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 31.Nisha gets ₹150 pocket money every month. How many rupees is that in one year (12 months)?
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32.Price list: crayon box ₹40, biscuit packet ₹19, kite ₹20, juice box ₹25.
How much do a kite and a crayon box cost together (in ₹)? - 33.₹8 + ₹12 + ₹14 =
- 34.How many paise are there in ₹14?
- 35.Diya buys a notebook for ₹30 and a plate of idli for ₹35, and pays with a ₹500 note. How much change does Diya get (in ₹)?
- 36.Riya has 1 note of ₹500 and 2 notes of ₹10. How many rupees does Riya have?
- 37.There are 10 children in a class. Each child needs one samosa at ₹17. What is the total cost (in ₹)?
- 38.Vivaan keeps ₹300 in a bank at 10% simple interest per year. How much money will there be after 3 years (in ₹)?
- 39.Karan’s piggy bank has 1 coin of ₹10, 1 coin of ₹5 and 3 coins of ₹1. How many rupees are in it?
- 40.Ananya gets ₹26 every day. How many rupees is that in one week (7 days)?
Answer key
- 4
- 15
- Never share the OTP
- 310
- 6
- 54
- juice box
- Never share the OTP
- 200
- 2
- 200
- 370
- 40
- 220
- 1 kg bag
- extra comic books
- 81
- 100-rupee note
- 132
- 200
- 2200
- 135
- 24
- 1650
- 5
- 400
- 15
- 22
- 160
- Coin
- 1800
- 60
- 34
- 1400
- 435
- 520
- 170
- 390
- 18
- 182
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids