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.₹67 + ₹13 =
- 2.2 friends run a stall selling cupcakes and make a profit of ₹820. They share it equally. How many rupees does each friend get?
- 3.How many pens can you buy with ₹46 if one costs ₹23?
- 4.Of a ₹6000 monthly budget, 5% goes on rent and 20% on travel. The rest is saved. What percent is saved?
- 5.Rahul saves ₹40 every week for 11 weeks, then buys an art kit for ₹380. How many rupees are left?
- 6.Aditya buys a glue stick for ₹20 and a sticker sheet for ₹8, and pays ₹50. How much change does Aditya get (in ₹)?
- 7.Lakshmi saves ₹80 every week for 11 weeks, then buys a wristwatch for ₹860. How many rupees are left?
- 8.Kabir spends ₹530 on things to make 48 friendship bands and sells them all at ₹15 each. How many rupees does Kabir earn after paying the costs?
- 9.A badminton racket costs ₹565 online. Delivery is ₹60 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 10.How many coins of ₹20 does Vivaan need to make ₹80?
- 11.Someone online asks Joseph for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) No one (c) A friend at school
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12.Price list: eraser ₹2, ruler ₹15, glue stick ₹21, pencil ₹7.
Which item costs the least? (a) glue stick (b) pencil (c) eraser (d) ruler - 13.A stall pays ₹7 for each paper bookmark and sells each one for ₹10. It sells 23 paper bookmarks. What is the total profit (in ₹)?
- 14.Manav has ₹12. A samosa costs ₹16. Does Manav have enough money to buy it? (a) Yes (b) No
- 15.Diya buys a pen (₹10), a school bag (₹465), a T-shirt (₹360) and a water bottle (₹160). What is the total (in ₹)?
- 16.What do 4 samosas at ₹18 each and 3 pairs of socks at ₹55 each cost in all (in ₹)?
- 17.For Sneha, is “school shoes” a need or a want? (a) Need (b) Want
- 18.Riya gets ₹90 a week, spends ₹10 each week and saves the rest. How many rupees has Riya saved after 3 weeks?
- 19.Lakshmi deposits ₹1900 saved in a piggy bank. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
- 20.What do 2 plates of idli at ₹35 each and 2 storybooks at ₹175 each cost in all (in ₹)?
- 21.9 notebooks cost ₹270. What does one notebook cost (in ₹)?
- 22.Which is worth the most: a ₹2 coin, a ₹50 note or a ₹200 note? (a) 50-rupee note (b) 2-rupee coin (c) 200-rupee note
- 23.A ruler costs ₹13 and a sharpener costs ₹9. How many rupees more does the ruler cost?
- 24.Saanvi has ₹16 in a piggy bank. Dada gives Saanvi ₹21 more. How many rupees does Saanvi have now?
- 25.Priya is making a shopping list. Which of these is a need? (a) a bigger TV (b) a third cricket bat (c) extra comic books (d) soap
- 26.A 1 kg bag of dal costs ₹100. A 2 kg bag costs ₹244. How many rupees per kg do you save with the cheaper bag?
- 27.A family plans ₹16000 for the month. 50% of it is for food. How many rupees is that?
- 28.9 children go on a school trip to the planetarium. The bus costs ₹90 for each child and the ticket costs ₹20 for each child. What is the total cost (in ₹)?
- 29.Sneha keeps ₹1100 in a bank. After 4 years the simple interest is ₹264. What is the rate of interest per year (in %)?
- 30.Aditya has one ₹5 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 31.A day trip costs ₹1920 in all. 6 friends share the cost equally. How much does each friend pay (in ₹)?
- 32.Karan’s piggy bank has 3 coins of ₹20, 3 coins of ₹5 and 1 coin of ₹2. How many rupees are in it?
- 33.Count up to find the change from ₹500: ₹18 + ₹? = ₹500
- 34.Riya has ₹720 for return gifts. Each gift costs ₹20. What is the greatest number of gifts Riya can buy?
- 35.Of a ₹35000 monthly budget, 50% goes on rent and 10% on travel. The rest is saved. How many rupees are saved?
- 36.Tara buys a plate of idli (₹40), a T-shirt (₹260), a cricket ball (₹120) and a notebook (₹40). What is the total (in ₹)?
- 37.How many ₹10 coins make a ₹50 note?
- 38.One kite costs ₹14. A pack of 3 kites costs ₹39. How many rupees do you save by buying the pack instead of 3 single ones?
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39.Isha’s passbook:
Opening balance: ₹3100
Credit: ₹100
Debit: ₹350
Debit: ₹200
Credit: ₹500
What is the closing balance (in ₹)? - 40.Tara has ₹1000 for a picnic. Food costs ₹190 and tickets cost ₹790. Is ₹1000 enough? (a) Yes (b) No
Answer key
- 80
- 410
- 2
- 75
- 60
- 22
- 20
- 190
- 615
- 4
- No one
- eraser
- 69
- No
- 995
- 237
- Need
- 240
- Credit
- 420
- 30
- 200-rupee note
- 4
- 37
- soap
- 22
- 8000
- 990
- 6
- Coin
- 320
- 77
- 482
- 36
- 14000
- 460
- 5
- 3
- 3150
- Yes
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids