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.How many paise are there in ₹15.50?
-
2.Lakshmi’s passbook:
Opening balance: ₹4100
Credit (money in): ₹250
Debit (money out): ₹?
Closing balance: ₹3250
How many rupees was the debit? - 3.₹350 − ₹170 =
- 4.Meera keeps ₹200 in a bank at 7% simple interest per year. How much money will there be after 3 years (in ₹)?
- 5.₹29 + ₹25 =
- 6.A cricket bat costs ₹340. The shop gives 50% off. How many rupees is the discount?
- 7.Priya gets a link: “Click now to win a phone worth ₹10000!” What should Priya do? (a) Send it to friends (b) Click it to win (c) Ignore it, tell a parent
-
8.Farhan’s shop bill:
3 notebooks at ₹30 each
1 school bag at ₹565
4 plates of idli at ₹45 each
What is the total bill (in ₹)? - 9.Kabir’s mother scans a shop’s QR code to pay ₹25000. What should she check before she pays? (a) Nothing, just pay (b) The name of the shop (c) The colour of the code
- 10.A pencil costs ₹4 and a crayon box costs ₹50. How many rupees more does the crayon box cost?
- 11.Gurpreet’s class stall spends ₹595 to make 33 friendship bands and sells all of them at ₹15 each. What is the loss (in ₹)?
- 12.Vivaan’s class stall spends ₹50 to make 23 cupcakes and sells all of them at ₹5 each. What is the profit (in ₹)?
- 13.Shop A sells 5 plates of idli for ₹200. Shop B sells 2 plates of idli for ₹60. Which shop is cheaper for one plate of idli? (a) Shop A (b) Shop B
- 14.Tara is making a shopping list. Which of these is a want? (a) medicine when ill (b) a raincoat (c) bus fare to school (d) a video game
- 15.Shop A sells 3 pairs of socks for ₹180. Shop B sells 2 pairs of socks for ₹140. What does one pair of socks cost at the cheaper shop (in ₹)?
- 16.₹10 + ₹5 + ₹? = ₹65
- 17.Kavya buys 3 balloons at ₹7 each and pays ₹50. How much change does Kavya get (in ₹)?
- 18.There are 14 children in a class. Each child needs one pen at ₹22. What is the total cost (in ₹)?
- 19.Aditya is making a shopping list. Which of these is a need? (a) a new party dress (b) a school uniform (c) designer sunglasses (d) a toy robot
- 20.Meera’s mother has ₹1500 in her bank account. She pays ₹330 for fruit and ₹130 for vegetables by UPI. How many rupees are left in the account?
- 21.Shop A sells a badminton racket for ₹330 with free delivery. Shop B sells it for ₹465 plus ₹60 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 22.Kavya wants to save ₹210 for a gift for Mum in 3 weeks, the same amount each week. How many rupees must Kavya save each week?
- 23.10 pairs of socks cost ₹550. How much do 5 pairs of socks cost (in ₹)?
- 24.Saanvi buys 5 pens at ₹18 each and pays with a ₹100 note. How much change does Saanvi get (in ₹)?
- 25.Count up to find the change from ₹200: ₹67 + ₹? = ₹200
- 26.Karan has ₹500 for a picnic. Food costs ₹170 and tickets cost ₹280. Is ₹500 enough? (a) Yes (b) No
- 27.Joseph got ₹200 in 2 weeks, the same amount every week. How many rupees is that each week?
- 28.Isha is making a shopping list. Which of these is a need? (a) a sticker album (b) a third cricket bat (c) bus fare to school (d) sweets every day
- 29.Someone online asks Manav for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A friend at school (b) No one (c) A caller from the bank
- 30.One juice box costs ₹20. A pack of 3 juice boxes costs ₹59. How many rupees do you save by buying the pack instead of 3 single ones?
- 31.A bun costs ₹11.50. Aarav pays ₹20. How much change does Aarav get, in rupees? =
- 32.Kabir had ₹75. Kabir spent ₹35 on a notebook. How many rupees are left?
- 33.₹86 − ₹34 =
- 34.Isha gets ₹20 every day. How many rupees is that in one week (7 days)?
- 35.A stall pays ₹18 for each greeting card and sells each one for ₹27. It sells 15 greeting cards. What is the total profit (in ₹)?
- 36.₹12.50 + ₹3.50 =
- 37.Dev sees that ₹2000 was sent to a wrong number by mistake. What should Dev do first? (a) Keep it a secret (b) Pay again to fix it (c) Tell a parent at once
- 38.Rohan buys a kite for ₹19 and a toffee for ₹1. How many rupees does Rohan spend in all?
- 39.Pooja gets ₹60 a week, spends ₹25 each week and saves the rest. How many rupees has Pooja saved after 2 weeks?
- 40.Nisha has ₹1200. In a piggy bank it stays ₹1200. In a bank at 7% simple interest per year, how many rupees more will Nisha have after 5 years?
Answer key
- 1550
- 1100
- 180
- 242
- 54
- 170
- Ignore it, tell a parent
- 835
- The name of the shop
- 46
- 100
- 65
- Shop B
- a video game
- 60
- 50
- 29
- 308
- a school uniform
- 1040
- Shop A
- 70
- 275
- 10
- 133
- Yes
- 100
- bus fare to school
- No one
- 1
- 8.5
- 40
- 52
- 140
- 135
- 16
- Tell a parent at once
- 20
- 70
- 420
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids