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.Shop A sells 4 mangoes for ₹120. Shop B sells 5 mangoes for ₹175. What does one mango cost at the cheaper shop (in ₹)?
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2.Price list: eraser ₹3, pencil ₹8, crayon box ₹40, sharpener ₹7.
Sneha has ₹100 and buys a crayon box. How many rupees are left? - 3.Vivaan’s class stall spends ₹1055 to make 39 greeting cards and sells all of them at ₹25 each. What is the loss (in ₹)?
- 4.Aditya spends ₹240 to start a stall and sells each greeting card for ₹15. What is the smallest number Aditya must sell to get back the ₹240?
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5.Price list: ruler ₹8, sharpener ₹6, eraser ₹3, biscuit packet ₹13.
How much do a ruler and a biscuit packet cost together (in ₹)? - 6.Rohan has one ₹2 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 7.How many notes of ₹50 make ₹200?
- 8.Ishaan gets a link: “Click now to win a phone worth ₹50000!” What should Ishaan do? (a) Ignore it, tell a parent (b) Click it to win (c) Send it to friends
- 9.Shop A sells 3 colour pencil sets for ₹195. Shop B sells 6 colour pencil sets for ₹570. Which shop is cheaper for one colour pencil set? (a) Shop A (b) Shop B
- 10.Karan has one ₹5 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 11.Lakshmi has ₹450 for return gifts. Each gift costs ₹20. What is the greatest number of gifts Lakshmi can buy?
- 12.Shop A sells a school bag for ₹570 with free delivery. Shop B sells it for ₹750 plus ₹80 delivery. How many rupees do you save by buying from the cheaper shop?
- 13.One toffee costs ₹1.50. How many rupees do 10 toffees cost? =
- 14.Rahul buys 4 sticker sheets at ₹10 each and pays ₹50. How much change does Rahul get (in ₹)?
- 15.Rohan’s class stall spends ₹230 to make 17 cupcakes and sells all of them at ₹10 each. What is the loss (in ₹)?
- 16.A storybook costs ₹57. Nisha has ₹5 and ₹2. How many more rupees does Nisha need?
- 17.Sneha buys a pair of socks (₹50), a samosa (₹15), a plate of idli (₹50) and a lunch box (₹160). What is the total (in ₹)?
- 18.₹6 + ₹16.50 =
- 19.Diya has ₹300. In a piggy bank it stays ₹300. In a bank at 5% simple interest per year, how many rupees more will Diya have after 2 years?
- 20.A family plans ₹42000 for the month. 5% of it is for school fees. How many rupees is that?
- 21.Saanvi has ₹500 for a picnic. Food costs ₹190 and tickets cost ₹210. Is ₹500 enough? (a) Yes (b) No
- 22.A water gun costs ₹96. Ananya has ₹5 and ₹2. How many more rupees does Ananya need?
- 23.Shop A sells 2 mangoes for ₹70. Shop B sells 6 mangoes for ₹150. Which shop is cheaper for one mango? (a) Shop A (b) Shop B
- 24.Diya gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Diya do? (a) Read the OTP out (b) Send it by message (c) Never share the OTP
- 25.Rohan has 8 notes of ₹50. How many rupees does Rohan have?
- 26.How many notes of ₹100 make ₹900?
- 27.A study lamp costs ₹140. The shop gives 10% off. What is the sale price (in ₹)?
- 28.Arjun is making a shopping list. Which of these is a want? (a) toothpaste (b) school shoes (c) notebooks for school (d) sweets every day
- 29.Sneha wants a storybook set that costs ₹300, has ₹140 already and saves ₹20 every week. In how many weeks will Sneha have enough?
- 30.Nisha gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Nisha do? (a) Read the OTP out (b) Never share the OTP (c) Send it by message
- 31.Rahul saves ₹40 every week for 10 weeks, then buys a football for ₹140. How many rupees are left?
- 32.Priya’s piggy bank has 1 coin of ₹20, 2 coins of ₹2 and 2 coins of ₹1. How many rupees are in it?
- 33.How many coins of ₹20 does Arjun need to make ₹60?
- 34.Karan sees that ₹10000 was sent to a wrong number by mistake. What should Karan do first? (a) Keep it a secret (b) Pay again to fix it (c) Tell a parent at once
- 35.₹? + ₹2 + ₹10 = ₹112
- 36.Kavya has 6 notes of ₹20. Diya has 5 coins of ₹1. Who has more money? (a) Kavya (b) Diya
- 37.Someone online asks Pooja for the family UPI PIN. Who should ever be told a PIN or OTP? (a) No one (b) A friend at school (c) A caller from the bank
- 38.Someone online asks Saanvi for the family UPI PIN. Who should ever be told a PIN or OTP? (a) No one (b) A friend at school (c) A caller from the bank
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39.Price list: toffee ₹3, juice box ₹25, sticker sheet ₹5, eraser ₹4.
Riya has ₹50 and buys an eraser. How many rupees are left? - 40.A colouring book costs ₹89. Zoya has ₹10 and ₹2. How many more rupees does Zoya need?
Answer key
- 30
- 60
- 80
- 16
- 21
- Coin
- 4
- Ignore it, tell a parent
- Shop A
- Coin
- 22
- 260
- 15
- 10
- 60
- 50
- 275
- 22.5
- 30
- 2100
- Yes
- 89
- Shop B
- Never share the OTP
- 400
- 9
- 126
- sweets every day
- 8
- Never share the OTP
- 260
- 26
- 3
- Tell a parent at once
- 100
- Kavya
- No one
- No one
- 46
- 77
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids