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.Arjun keeps ₹1800 in a bank at 4% simple interest per year. How much money will there be after 3 years (in ₹)?
- 2.Vivaan has 7 notes of ₹10. How many rupees does Vivaan have?
- 3.One balloon costs ₹6. A pack of 3 balloons costs ₹15. How many rupees do you save by buying the pack instead of 3 single ones?
- 4.Count up to find the change from ₹20: ₹9 + ₹? = ₹20
- 5.Rahul has ₹13 in a piggy bank. Dada gives Rahul ₹21 more. How many rupees does Rahul have now?
- 6.Ananya has one ₹100 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 7.The bill for a notebook and a water bottle is ₹160. A notebook costs ₹40. What does the water bottle cost (in ₹)?
- 8.Aditya spends ₹500 of ₹1000 pocket money on books. What percent is that?
- 9.Vivaan’s mother has ₹2300 in her bank account. She pays ₹190 for school books and ₹160 for medicines by UPI. How many rupees are left in the account?
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10.Lakshmi’s passbook:
Opening balance: ₹1600
Credit (money in): ₹400
Debit (money out): ₹750
What is the balance now (in ₹)? - 11.Which is the smallest amount: ₹18, ₹84 or ₹48? (a) 84 rupees (b) 48 rupees (c) 18 rupees
- 12.Lakshmi has 3 notes of ₹20 and 4 notes of ₹10. How many rupees does Lakshmi have?
- 13.How many notes of ₹10 make ₹20?
- 14.Meera buys a crayon box for ₹40 and a toffee for ₹2, and pays ₹50. How much change does Meera get (in ₹)?
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15.Price list: ice candy ₹15, biscuit packet ₹12, eraser ₹2, ruler ₹13.
How much do a biscuit packet and an ice candy cost together (in ₹)? - 16.Rahul buys a samosa for ₹15 and pays with a ₹100 note. How much change does Rahul get (in ₹)?
- 17.One sharpener costs ₹9. A pack of 3 sharpeners costs ₹25. How many rupees do you save by buying the pack instead of 3 single ones?
- 18.Gurpreet gets ₹50 a week, spends ₹40 each week and saves the rest. How many rupees has Gurpreet saved after 7 weeks?
- 19.How many ₹50 notes make a ₹500 note?
- 20.₹180 + ₹50 =
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21.Nisha’s passbook:
Opening balance: ₹5000
Credit (money in): ₹400
Debit (money out): ₹4350
What is the balance now (in ₹)? - 22.7 children go on a school trip to the zoo. The bus costs ₹40 for each child and the ticket costs ₹35 for each child. What is the total cost (in ₹)?
- 23.Pooja’s class stall spends ₹410 to make 16 plates of bhel and sells all of them at ₹20 each. What is the loss (in ₹)?
- 24.Rohan has ₹300 for a picnic. Food costs ₹150 and tickets cost ₹80. Is ₹300 enough? (a) No (b) Yes
- 25.Pooja makes 3 friendship bands an hour and sells each one for ₹10. How many rupees can Pooja earn from 2 hours of work?
- 26.A message says Vivaan has won ₹25000. It asks for the UPI PIN to send the prize. What is true? (a) Prizes need your PIN (b) No PIN to receive money (c) Enter the PIN quickly
- 27.Aarav has one ₹1 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 28.How many notes of ₹20 make ₹40?
- 29.How many notes of ₹50 make ₹450?
- 30.₹1500 earns 4% simple interest per year. In how many years will the interest be ₹120?
- 31.Saanvi got ₹165 in 3 weeks, the same amount every week. How many rupees is that each week?
- 32.Lakshmi wants a cricket bat that costs ₹860. Lakshmi saves ₹20 every week. How many weeks will it take?
- 33.Meera is making a shopping list. Which of these is a want? (a) medicine when ill (b) milk (c) a sticker album (d) bus fare to school
- 34.Manav spends ₹150 on things to make 25 greeting cards and sells them all at ₹10 each. How many rupees does Manav earn after paying the costs?
- 35.Saanvi gets ₹17 every day. How many rupees is that in one week (7 days)?
- 36.Karan has a budget of ₹500 for a birthday party. The balloons cost ₹100, the return gifts cost ₹40 and the juice cost ₹100. How many rupees are left?
- 37.A glue stick costs ₹16. Diya pays ₹20. How much change does Diya get (in ₹)?
- 38.How many notes of ₹20 make ₹200?
- 39.Arjun has ₹1800. In a piggy bank it stays ₹1800. In a bank at 10% simple interest per year, how many rupees more will Arjun have after 1 year?
- 40.Which is the same money as one ₹100 note? (a) five 20-rupee notes (b) three 20-rupee notes (c) six 20-rupee notes
Answer key
- 2016
- 70
- 3
- 11
- 34
- Note
- 120
- 50
- 1950
- 1250
- 18 rupees
- 100
- 2
- 8
- 27
- 85
- 2
- 70
- 10
- 230
- 1050
- 525
- 90
- Yes
- 60
- No PIN to receive money
- Coin
- 2
- 9
- 2
- 55
- 43
- a sticker album
- 100
- 119
- 260
- 4
- 10
- 180
- five 20-rupee notes
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids