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.Farhan has ₹900. First Farhan pays for needs: a school uniform (₹290) and school shoes (₹100). How many rupees are left for wants?
- 2.2 plates of idli cost ₹60. How much do 4 plates of idli cost (in ₹)?
- 3.Nisha has 4 notes of ₹20. How many rupees does Nisha have?
- 4.10 mangoes cost ₹250. How much do 2 mangoes cost (in ₹)?
- 5.Someone online asks Riya for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) A friend at school (c) No one
- 6.Which is the biggest amount: ₹21, ₹52 or ₹60? (a) 21 rupees (b) 60 rupees (c) 52 rupees
- 7.Kabir’s class stall spends ₹440 to make 19 greeting cards and sells all of them at ₹25 each. What is the profit (in ₹)?
- 8.How many cricket balls can you buy with ₹1650 if one costs ₹150?
- 9.Ananya has one ₹1 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 10.Karan has 3 notes of ₹20. Vivaan has 3 coins of ₹5. Who has more money? (a) Vivaan (b) Karan
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11.Price list: notebook ₹45, sticker sheet ₹5, balloon ₹6, ice candy ₹12.
Saanvi has ₹50 and buys an ice candy. How many rupees are left? - 12.5 plates of idli cost ₹225. What does one plate of idli cost (in ₹)?
- 13.A biscuit packet costs ₹15. Diya pays ₹20. How much change does Diya get (in ₹)?
- 14.₹1900 earns 3% simple interest per year. In how many years will the interest be ₹228?
- 15.A paint box costs ₹45. Ananya has ₹10 and ₹5. How many more rupees does Ananya need?
- 16.A samosa costs ₹12 and an ice candy costs ₹9. How many rupees more does the samosa cost?
- 17.Shop A sells 4 colour pencil sets for ₹340. Shop B sells 2 colour pencil sets for ₹180. What does one colour pencil set cost at the cheaper shop (in ₹)?
- 18.Aarav wants to save ₹550 for a wristwatch in 11 weeks, the same amount each week. How many rupees must Aarav save each week?
- 19.Kabir’s class stall spends ₹410 to make 37 friendship bands and sells all of them at ₹10 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 20.Dev buys a sharpener for ₹7 and a juice box for ₹20. How many rupees does Dev spend in all?
- 21.Someone online asks Kabir 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
- 22.Farhan buys a balloon for ₹6 and a biscuit packet for ₹16, and pays ₹50. How much change does Farhan get (in ₹)?
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23.Priya’s passbook:
Opening balance: ₹4300
Credit (money in): ₹600
Debit (money out): ₹?
Closing balance: ₹3500
How many rupees was the debit? - 24.Diya has 8 coins of ₹10. How many rupees does Diya have?
- 25.How many notes of ₹10 make ₹80?
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26.Meera’s passbook:
Opening balance: ₹4100
Debit: ₹50
Credit: ₹150
Debit: ₹350
Credit: ₹450
What is the total of all the debits (in ₹)? - 27.Kavya has ₹47. A crayon box costs ₹50. Does Kavya have enough money to buy it? (a) No (b) Yes
- 28.A pencil box costs ₹15.50. Priya pays ₹50. How much change does Priya get, in rupees? =
- 29.2 friends run a stall selling plates of bhel and make a profit of ₹640. They share it equally. How many rupees does each friend get?
- 30.Priya has ₹300 for a picnic. Food costs ₹100 and tickets cost ₹150. Is ₹300 enough? (a) Yes (b) No
- 31.Karan makes 2 greeting cards an hour and sells each one for ₹5. How many rupees can Karan earn from 3 hours of work?
- 32.Rahul wants a storybook set that costs ₹550. Rahul saves ₹50 every week. How many weeks will it take?
- 33.One mango costs ₹35. How much do 7 mangoes cost (in ₹)?
- 34.What is the smallest number of coins and notes that make ₹39?
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35.Kavya’s shop bill:
2 mangoes at ₹35 each
1 colour pencil set at ₹65
1 samosa at ₹18
What is the total bill (in ₹)? - 36.₹200 − ₹180 =
- 37.Priya gets ₹90 a week, spends ₹5 each week and saves the rest. How many rupees has Priya saved after 7 weeks?
- 38.Diya spends ₹80 of ₹800 pocket money on books. What percent is that?
- 39.Which coins and notes make exactly ₹13? (a) 10 + 5 + 1 (b) 10 + 2 + 1 (c) 10 + 1 + 1
- 40.Aarav’s mother has ₹1800 in her bank account. She pays ₹280 for vegetables and ₹130 for bread by UPI. How many rupees are left in the account?
Answer key
- 510
- 120
- 80
- 50
- No one
- 60 rupees
- 35
- 11
- Coin
- Karan
- 38
- 45
- 5
- 4
- 30
- 3
- 85
- 50
- Loss
- 27
- No one
- 28
- 1400
- 80
- 8
- 400
- No
- 34.5
- 320
- Yes
- 30
- 11
- 245
- 5
- 153
- 20
- 595
- 10
- 10 + 2 + 1
- 1390
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids