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.Priya has ₹600. First Priya pays for needs: a raincoat (₹180) and a water bottle (₹140). How many rupees are left for wants?
- 2.Vivaan pays a bill of ₹1250 by UPI. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 3.A toy car costs ₹40. Manav has ₹5 and ₹5. How many more rupees does Manav need?
- 4.Ananya is making a shopping list. Which of these is a need? (a) a sticker album (b) a bigger TV (c) a school uniform (d) a remote-control car
- 5.Ishaan has 9 coins of ₹2. Meera has 9 notes of ₹10. How many more rupees does Meera have?
- 6.A samosa costs ₹14. Pooja pays ₹50. How much change does Pooja get (in ₹)?
- 7.Rohan keeps ₹300 in a bank at 5% simple interest per year. How much money will there be after 3 years (in ₹)?
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8.Priya’s shop bill:
2 mangoes at ₹25 each
1 badminton racket at ₹440
4 pairs of socks at ₹90 each
What is the total bill (in ₹)? - 9.Which is the smallest amount: ₹92, ₹32 or ₹23? (a) 23 rupees (b) 32 rupees (c) 92 rupees
- 10.Pooja has ₹300 for a picnic. Food costs ₹100 and tickets cost ₹100. Is ₹300 enough? (a) Yes (b) No
- 11.What is the smallest number of coins and notes that make ₹180?
- 12.Rohan takes out ₹1900 from an ATM. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 13.Saanvi has ₹430 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Saanvi can buy?
- 14.Sneha has ₹20 in a piggy bank. Dada gives Sneha ₹25 more. How many rupees does Sneha have now?
- 15.Which is the biggest amount: ₹22, ₹23 or ₹60? (a) 22 rupees (b) 23 rupees (c) 60 rupees
- 16.A family plans ₹13000 for the month. 50% of it is for electricity. How many rupees is that?
- 17.Of a ₹26000 monthly budget, 50% goes on clothes and 25% on rent. The rest is saved. What percent is saved?
- 18.A stall pays ₹7 for each paper bookmark and sells each one for ₹11. It sells 40 paper bookmarks. What is the total profit (in ₹)?
- 19.₹21 − ₹18.50 =
- 20.A jacket costs ₹260. The shop gives 10% off. What is the sale price (in ₹)?
- 21.Isha keeps ₹500 in a bank at 2% simple interest per year. How much money will there be after 3 years (in ₹)?
- 22.₹30 − ₹15 =
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23.Arjun’s passbook:
Opening balance: ₹2300
Credit (money in): ₹100
Debit (money out): ₹1750
What is the balance now (in ₹)? - 24.Meera gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Meera do? (a) Never share the OTP (b) Read the OTP out (c) Send it by message
- 25.Meera sells 48 clay diyas at ₹20 each. How many rupees does Meera get?
- 26.There are 10 children in a class. Each child needs one mango at ₹30. What is the total cost (in ₹)?
- 27.Diya gets ₹60 a week, spends ₹45 each week and saves the rest. How many rupees has Diya saved after 6 weeks?
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28.Price list: eraser ₹4, pencil ₹8, notebook ₹30, sticker sheet ₹5.
How many rupees more does a notebook cost than a pencil? -
29.Isha’s passbook:
Opening balance: ₹800
Credit (money in): ₹100
Debit (money out): ₹350
What is the balance now (in ₹)? -
30.Price list: crayon box ₹40, biscuit packet ₹14, ice candy ₹12, pencil ₹4.
How much do 3 crayon boxes cost (in ₹)? - 31.Shop A sells a water bottle for ₹165 with free delivery. Shop B sells it for ₹155 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
- 32.One notebook costs ₹45. How much do 5 notebooks cost (in ₹)?
- 33.Shop A sells a cricket ball for ₹135 with free delivery. Shop B sells it for ₹150 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 34.Shop A sells 4 cricket balls for ₹400. Shop B sells 2 cricket balls for ₹230. What does one cricket ball cost at the cheaper shop (in ₹)?
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35.Rahul’s passbook:
Opening balance: ₹2100
Credit (money in): ₹950
Debit (money out): ₹?
Closing balance: ₹1950
How many rupees was the debit? - 36.Count up to find the change from ₹50: ₹21 + ₹? = ₹50
- 37.A dozen (12) oranges cost ₹84. What does one cost (in ₹)?
- 38.Joseph has 8 coins of ₹1. How many rupees does Joseph have?
- 39.Which is worth the least: a ₹20 coin, a ₹200 note or a ₹50 note? (a) 200-rupee note (b) 50-rupee note (c) 20-rupee coin
- 40.Dev buys 6 samosas at ₹15 each and pays with a ₹100 note. How much change does Dev get (in ₹)?
Answer key
- 280
- Debit
- 30
- a school uniform
- 72
- 36
- 345
- 850
- 23 rupees
- Yes
- 4
- Debit
- 8
- 45
- 60 rupees
- 6500
- 25
- 160
- 2.5
- 234
- 530
- 15
- 650
- Never share the OTP
- 960
- 300
- 90
- 22
- 550
- 120
- 40
- 225
- Shop A
- 100
- 1100
- 29
- 7
- 8
- 20-rupee coin
- 10
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids