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.Aarav has 2 notes of ₹200 and 1 note of ₹50. How many rupees does Aarav have?
- 2.₹78 + ₹12 =
- 3.₹1900 earns 7% simple interest per year. In how many years will the interest be ₹399?
- 4.Zoya’s father is sending ₹500 to a friend by UPI. What should he check before he pays? (a) Nothing at all (b) Only the phone colour (c) The name and amount
- 5.What do 3 water bottles at ₹235 each and 2 T-shirts at ₹200 each cost in all (in ₹)?
- 6.₹210 + ₹290 =
- 7.Which is the biggest amount: ₹17, ₹50 or ₹15? (a) 17 rupees (b) 50 rupees (c) 15 rupees
- 8.Tara keeps ₹200 in a bank. After 5 years the simple interest is ₹50. What is the rate of interest per year (in %)?
- 9.How many notes of ₹50 make ₹100?
- 10.Which is the smallest amount: ₹91, ₹73 or ₹62? (a) 91 rupees (b) 73 rupees (c) 62 rupees
- 11.One mango costs ₹40. How much do 2 mangoes cost (in ₹)?
- 12.Shop A sells 6 mangoes for ₹150. Shop B sells 3 mangoes for ₹60. Which shop is cheaper for one mango? (a) Shop A (b) Shop B
- 13.Which is the biggest amount: ₹43, ₹24 or ₹68? (a) 68 rupees (b) 24 rupees (c) 43 rupees
- 14.₹41 + ₹24 =
- 15.₹210 + ₹200 =
- 16.10 badminton rackets cost ₹5000. What does one badminton racket cost (in ₹)?
- 17.What is the smallest number of coins and notes that make ₹31?
- 18.Of a ₹34000 monthly budget, 20% goes on clothes and 50% on food. The rest is saved. What percent is saved?
- 19.Joseph had ₹88. Joseph spent ₹4 on a banana. How many rupees are left?
- 20.Meera has 3 notes of ₹50, 2 notes of ₹10 and 5 coins of ₹2. How many rupees does Meera have?
- 21.A balloon costs ₹10. Pooja pays ₹50. How much change does Pooja get (in ₹)?
- 22.How many coins of ₹2 does Sneha need to make ₹14?
- 23.Someone online asks Vivaan 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
- 24.Farhan has 3 notes of ₹50 and 2 notes of ₹10. How many rupees does Farhan have?
- 25.Meera’s class stall spends ₹970 to make 32 plates of bhel and sells all of them at ₹30 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
- 26.Kabir has ₹48. A crayon box costs ₹50. Does Kabir have enough money to buy it? (a) No (b) Yes
- 27.Meera has 5 notes of ₹20. Rohan has 6 coins of ₹1. Who has more money? (a) Meera (b) Rohan
- 28.How many pens can you buy with ₹30 if one costs ₹15?
- 29.Diya is making a shopping list. Which of these is a want? (a) toothpaste (b) vegetables (c) a warm blanket (d) extra comic books
- 30.A water gun costs ₹50. Lakshmi has ₹5 and ₹10. How many more rupees does Lakshmi need?
- 31.Farhan has 3 notes of ₹100. Rohan has 4 coins of ₹5. How many more rupees does Farhan have?
- 32.Kabir has ₹8. A banana costs ₹4. Does Kabir have enough money to buy it? (a) No (b) Yes
- 33.₹25 + ₹49 =
- 34.A day trip costs ₹3120 in all. 6 friends share the cost equally. How much does each friend pay (in ₹)?
- 35.Saanvi gets ₹8 every day. How many rupees is that in one week (7 days)?
- 36.Kabir spends ₹150 of ₹500 pocket money on books. What percent is that?
- 37.How many notes of ₹20 make ₹80?
- 38.Which is worth the least: a ₹100 note, a ₹5 coin or a ₹10 note? (a) 5-rupee coin (b) 100-rupee note (c) 10-rupee note
- 39.Isha’s class stall spends ₹225 to make 31 plates of bhel and sells all of them at ₹5 each. What is the loss (in ₹)?
- 40.A 5 kg bag of rice costs ₹215. A 10 kg bag costs ₹460. Which bag is cheaper per kg? (a) 5 kg bag (b) 10 kg bag
Answer key
- 450
- 90
- 3
- The name and amount
- 1105
- 500
- 50 rupees
- 5
- 2
- 62 rupees
- 80
- Shop B
- 68 rupees
- 65
- 410
- 500
- 3
- 30
- 84
- 180
- 40
- 7
- No one
- 170
- Loss
- No
- Meera
- 2
- extra comic books
- 35
- 280
- Yes
- 74
- 520
- 56
- 30
- 4
- 5-rupee coin
- 70
- 5 kg bag
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids