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.Count up to find the change from ₹500: ₹437 + ₹? = ₹500
- 2.A 2 kg bag of tomatoes costs ₹78. A 1 kg bag costs ₹44. Which bag is cheaper per kg? (a) 2 kg bag (b) 1 kg bag
- 3.Pooja buys a balloon for ₹9 and a biscuit packet for ₹15, and pays ₹50. How much change does Pooja get (in ₹)?
- 4.Priya keeps ₹400 in a bank. After 5 years the simple interest is ₹120. What is the rate of interest per year (in %)?
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5.Price list: pencil ₹6, crayon box ₹35, glue stick ₹17, biscuit packet ₹12.
How many rupees more does a crayon box cost than a biscuit packet? - 6.A 5 kg bag of rice costs ₹235. A 2 kg bag costs ₹152. How many rupees per kg do you save with the cheaper bag?
- 7.Riya’s mother scans a shop’s QR code to pay ₹50000. What should she check before she pays? (a) Nothing, just pay (b) The name of the shop (c) The colour of the code
- 8.₹800 − ₹310 =
- 9.Vivaan buys 4 samosas at ₹20 each and pays with a ₹500 note. How much change does Vivaan get (in ₹)?
- 10.4 friends run a stall selling cupcakes and make a profit of ₹1680. They share it equally. How many rupees does each friend get?
- 11.Nisha had ₹33. Nisha spent ₹9 on a balloon. How many rupees are left?
- 12.Manav keeps ₹1800 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
- 13.Rohan buys a biscuit packet for ₹14 and a toffee for ₹1. How many rupees does Rohan spend in all?
- 14.Aditya keeps ₹400 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
- 15.Shop A sells 6 plates of idli for ₹180. Shop B sells 5 plates of idli for ₹250. What does one plate of idli cost at the cheaper shop (in ₹)?
- 16.Ishaan has 8 notes of ₹20. Arjun has 2 coins of ₹5. Who has less money? (a) Arjun (b) Ishaan
- 17.Aditya saves ₹80 every week for 11 weeks, then buys a board game for ₹130. How many rupees are left?
- 18.Tara has one ₹5 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 19.Which is worth the least: a ₹200 note, a ₹100 note or a ₹1 coin? (a) 200-rupee note (b) 1-rupee coin (c) 100-rupee note
- 20.A day trip costs ₹330 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
- 21.Which is the biggest amount: ₹29, ₹30 or ₹16? (a) 16 rupees (b) 29 rupees (c) 30 rupees
- 22.Rohan’s mother has ₹1800 in her bank account. She pays ₹140 for medicines and ₹80 for school books by UPI. How many rupees are left in the account?
- 23.Manav buys an eraser for ₹5 and an ice candy for ₹15. How many rupees does Manav spend in all?
- 24.A family plans ₹44000 for the month. 50% of it is for travel. How many rupees is that?
- 25.Which is worth more: a ₹50 note or a ₹200 note? (a) 200-rupee note (b) 50-rupee note
- 26.Nisha has 6 notes of ₹100. Arjun has 4 notes of ₹10. Who has more money? (a) Arjun (b) Nisha
- 27.What do 2 T-shirts at ₹215 each and 4 plates of idli at ₹45 each cost in all (in ₹)?
- 28.A day trip costs ₹1060 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
- 29.Shop A sells a badminton racket for ₹420 with free delivery. Shop B sells it for ₹530 plus ₹80 delivery. How many rupees do you save by buying from the cheaper shop?
- 30.₹200 earns 10% simple interest per year. In how many years will the interest be ₹100?
- 31.A 2 kg bag of sugar costs ₹96. A 1 kg bag costs ₹41. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
- 32.Joseph gets a link: “Click now to win a phone worth ₹25000!” What should Joseph do? (a) Send it to friends (b) Click it to win (c) Ignore it, tell a parent
- 33.Rohan has a budget of ₹2000 for a birthday party. The juice cost ₹100, the snacks cost ₹420 and the cake cost ₹180. How many rupees are left?
- 34.Aarav has 2 coins of ₹2. Isha has 2 notes of ₹50. Who has less money? (a) Isha (b) Aarav
- 35.₹460 + ₹50 =
- 36.Kavya has ₹500. First Kavya pays for needs: a geometry box (₹120) and a raincoat (₹160). How many rupees are left for wants?
- 37.Lakshmi has 2 coins of ₹2 and 5 coins of ₹5. How many rupees does Lakshmi have?
- 38.The bill for 4 colour pencil sets and a water bottle is ₹600. A colour pencil set costs ₹105. What does the water bottle cost (in ₹)?
- 39.Joseph keeps ₹200 in a bank. After 3 years the simple interest is ₹36. What is the rate of interest per year (in %)?
- 40.Lakshmi wants to save ₹540 for a wristwatch in 18 weeks, the same amount each week. How many rupees must Lakshmi save each week?
Answer key
- 63
- 2 kg bag
- 26
- 6
- 23
- 29
- The name of the shop
- 490
- 420
- 420
- 24
- 72
- 15
- 460
- 30
- Arjun
- 750
- Coin
- 1-rupee coin
- 110
- 30 rupees
- 1580
- 20
- 22000
- 200-rupee note
- Nisha
- 610
- 530
- 190
- 5
- 1 kg bag
- Ignore it, tell a parent
- 1300
- Aarav
- 510
- 220
- 29
- 180
- 6
- 30
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