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
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1.Rahul’s shop bill:
2 footballs at ₹290 each
2 samosas at ₹19 each
3 lunch boxes at ₹155 each
What is the total bill (in ₹)? - 2.Joseph buys 6 samosas at ₹15 each and pays with a ₹500 note. How much change does Joseph get (in ₹)?
- 3.Tara has 6 coins of ₹1 and 6 coins of ₹10. How many rupees does Tara have?
- 4.Arjun has 6 coins of ₹1 and 6 coins of ₹2. How many rupees does Arjun have?
- 5.Count up to find the change from ₹500: ₹429 + ₹? = ₹500
- 6.Diya keeps ₹1100 in a bank. After 2 years the simple interest is ₹132. What is the rate of interest per year (in %)?
- 7.A 2 kg bag of onions costs ₹80. A 5 kg bag costs ₹115. Which bag is cheaper per kg? (a) 5 kg bag (b) 2 kg bag
- 8.Shop A sells 3 pairs of socks for ₹210. Shop B sells 4 pairs of socks for ₹360. Which shop is cheaper for one pair of socks? (a) Shop A (b) Shop B
- 9.Count up to find the change from ₹200: ₹180 + ₹? = ₹200
- 10.150 paise is how many rupees? =
- 11.How many notes of ₹20 make ₹140?
- 12.Karan gets ₹6 every day. How many rupees is that in one week (7 days)?
- 13.Dev buys 2 notebooks at ₹35 each and pays with a ₹500 note. How much change does Dev get (in ₹)?
- 14.Someone online asks Farhan for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) A friend at school (c) No one
- 15.After 50% off, a cricket bat costs ₹150. What was the price before the sale (in ₹)?
- 16.A day trip costs ₹280 in all. 2 friends share the cost equally. How much does each friend pay (in ₹)?
- 17.Isha’s class stall spends ₹600 to make 24 cups of lemonade and sells all of them at ₹25 each. Is it a profit or a loss? (a) Profit (b) Loss (c) No profit, no loss
- 18.A sharpener costs ₹4. Kavya pays ₹10. How much change does Kavya get (in ₹)?
- 19.Saanvi is making a shopping list. Which of these is a want? (a) medicine when ill (b) soap (c) milk (d) sweets every day
- 20.A 10 kg bag of rice costs ₹540. A 5 kg bag costs ₹245. Which bag is cheaper per kg? (a) 10 kg bag (b) 5 kg bag
- 21.For Manav, is “sweets every day” a need or a want? (a) Want (b) Need
- 22.How many ₹5 coins make a ₹10 note?
- 23.Saanvi keeps ₹1900 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
- 24.Of a ₹24000 monthly budget, 20% goes on electricity and 5% on travel. The rest is saved. What percent is saved?
- 25.What do 2 pairs of socks at ₹55 each and 4 plates of idli at ₹50 each cost in all (in ₹)?
- 26.Joseph has 2 notes of ₹100. How many rupees does Joseph have?
- 27.Arjun has 1 note of ₹50 and 3 notes of ₹20. How many rupees does Arjun have?
- 28.Which is worth more: a ₹1 coin or a ₹50 note? (a) 1-rupee coin (b) 50-rupee note
- 29.A 1 kg bag of tomatoes costs ₹32. A 10 kg bag costs ₹570. How many rupees per kg do you save with the cheaper bag?
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30.Price list: ice candy ₹8, glue stick ₹24, eraser ₹3, samosa ₹20.
How many rupees more does a samosa cost than an eraser? - 31.Zoya gets ₹29 every day. How many rupees is that in one week (7 days)?
- 32.Manav’s mother has ₹1400 in her bank account. She pays ₹290 for fruit and ₹190 for vegetables by UPI. How many rupees are left in the account?
- 33.Diya has ₹23 in a piggy bank. Dadi gives Diya ₹39 more. How many rupees does Diya have now?
- 34.Isha’s class stall spends ₹260 to make 13 cupcakes and sells all of them at ₹20 each. Is it a profit or a loss? (a) Loss (b) Profit (c) No profit, no loss
- 35.A juice box costs ₹23.50. Meera pays ₹50. How much change does Meera get, in rupees? =
- 36.₹? + ₹5 + ₹100 = ₹115
- 37.Isha keeps ₹1100 in a bank at 9% simple interest per year. How much money will there be after 5 years (in ₹)?
- 38.Dev gets ₹100 pocket money every week. How many rupees is that in 2 weeks?
- 39.Aarav is making a shopping list. Which of these is a need? (a) extra comic books (b) a bigger TV (c) school shoes (d) a sticker album
- 40.Diya has 3 coins of ₹5. Priya has 6 coins of ₹1. How many more rupees does Diya have?
Answer key
- 1083
- 410
- 66
- 18
- 71
- 6
- 5 kg bag
- Shop A
- 20
- 1.5
- 7
- 42
- 430
- No one
- 300
- 140
- No profit, no loss
- 6
- sweets every day
- 5 kg bag
- Want
- 2
- 171
- 75
- 310
- 200
- 110
- 50-rupee note
- 25
- 17
- 203
- 920
- 62
- No profit, no loss
- 26.5
- 10
- 1595
- 200
- school shoes
- 9
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids