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.Ishaan buys a badminton racket for ₹405 and a pair of socks for ₹55, and pays with a ₹500 note. How much change does Ishaan get (in ₹)?
- 2.A 1 kg bag of potatoes costs ₹31. A 2 kg bag costs ₹42. How many rupees per kg do you save with the cheaper bag?
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3.Price list: sticker sheet ₹11, glue stick ₹15, balloon ₹6, eraser ₹5.
Which item costs the least? (a) glue stick (b) eraser (c) sticker sheet (d) balloon - 4.Gurpreet has ₹8. A kite costs ₹12. Does Gurpreet have enough money to buy it? (a) Yes (b) No
- 5.Aditya has ₹4. An eraser costs ₹3. Does Aditya have enough money to buy it? (a) No (b) Yes
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6.Price list: juice box ₹20, kite ₹14, banana ₹5, sticker sheet ₹12.
How much do a kite and a juice box cost together (in ₹)? -
7.Price list: toffee ₹3, biscuit packet ₹14, balloon ₹10, banana ₹4.
How much do a toffee and a biscuit packet cost together (in ₹)? - 8.3 pens cost ₹45. How much do 10 pens cost (in ₹)?
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9.Price list: kite ₹22, sticker sheet ₹9, toffee ₹1, juice box ₹30.
Which item costs the most? (a) juice box (b) sticker sheet (c) kite (d) toffee - 10.The bill for a storybook and a colour pencil set is ₹265. A storybook costs ₹165. What does the colour pencil set cost (in ₹)?
- 11.A family plans ₹25000 for the month. 20% of it is for food. How many rupees is that?
- 12.Rohan had ₹17. Rohan spent ₹9 on a balloon. How many rupees are left?
- 13.Count up to find the change from ₹50: ₹13 + ₹? = ₹50
- 14.₹24 − ₹20 =
- 15.Sneha keeps ₹1400 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
- 16.Farhan has 2 coins of ₹1. Aarav has 8 notes of ₹20. How many more rupees does Aarav have?
- 17.Meera spends ₹210 to start a stall and sells each plate of bhel for ₹30. What is the smallest number Meera must sell to get back the ₹210?
- 18.Farhan gets ₹700 interest from the bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 19.Ananya has 7 notes of ₹10. How many rupees does Ananya have?
- 20.Count up to find the change from ₹50: ₹38 + ₹? = ₹50
- 21.Kabir keeps ₹1300 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 3 years?
- 22.Count up to find the change from ₹100: ₹46 + ₹? = ₹100
- 23.Count up to find the change from ₹500: ₹171 + ₹? = ₹500
- 24.Meera sells 47 cups of lemonade at ₹5 each. How many rupees does Meera get?
- 25.Lakshmi keeps ₹300 in a bank. After 3 years the simple interest is ₹90. What is the rate of interest per year (in %)?
- 26.Which is worth the least: a ₹500 note, a ₹20 note or a ₹2 coin? (a) 20-rupee note (b) 2-rupee coin (c) 500-rupee note
- 27.Farhan gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Farhan do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
- 28.Diya saves ₹30 every week for 12 weeks, then buys a football for ₹160. How many rupees are left?
- 29.Manav has 2 notes of ₹50. How many rupees does Manav have?
- 30.Priya gets ₹70 a week, spends ₹15 each week and saves the rest. How many rupees has Priya saved after 2 weeks?
- 31.A day trip costs ₹960 in all. 4 friends share the cost equally. How much does each friend pay (in ₹)?
- 32.A stall pays ₹18 for each greeting card and sells each one for ₹20. It sells 13 greeting cards. What is the total profit (in ₹)?
- 33.5 friends run a stall selling greeting cards and make a profit of ₹350. They share it equally. How many rupees does each friend get?
- 34.Which coins and notes make exactly ₹71? (a) 20 + 10 + 1 (b) 100 + 20 + 1 (c) 50 + 20 + 1
- 35.Dev’s mother has ₹1400 in her bank account. She pays ₹180 for bread and ₹110 for fruit by UPI. How many rupees are left in the account?
- 36.Shop A sells a badminton racket for ₹470 with free delivery. Shop B sells it for ₹510 plus ₹60 delivery. How many rupees do you save by buying from the cheaper shop?
- 37.One ruler costs ₹11. A pack of 3 rulers costs ₹31. How many rupees do you save by buying the pack instead of 3 single ones?
- 38.Count up to find the change from ₹500: ₹496 + ₹? = ₹500
- 39.Manav’s piggy bank has 4 coins of ₹20, 3 coins of ₹2 and 2 coins of ₹1. How many rupees are in it?
- 40.Joseph gets ₹28 every day. How many rupees is that in one week (7 days)?
Answer key
- 40
- 10
- eraser
- No
- Yes
- 34
- 17
- 150
- juice box
- 100
- 5000
- 8
- 37
- 4
- 126
- 158
- 7
- Credit
- 70
- 12
- 195
- 54
- 329
- 235
- 10
- 2-rupee coin
- Never share the OTP
- 200
- 100
- 110
- 240
- 26
- 70
- 50 + 20 + 1
- 1110
- 100
- 2
- 4
- 88
- 196
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids