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.Diya has 1 note of ₹100, 4 notes of ₹20 and 2 coins of ₹1. How many rupees does Diya have?
- 2.Tara keeps ₹1100 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
- 3.A board game costs ₹880. The shop gives 10% off. How many rupees is the discount?
- 4.A pair of shoes costs ₹300. The shop gives 10% off. How many rupees is the discount?
- 5.Farhan wants a storybook set that costs ₹430, has ₹90 already and saves ₹100 every week. In how many weeks will Farhan have enough?
- 6.Farhan gets ₹45 pocket money every week. How many rupees is that in 6 weeks?
- 7.Joseph withdraws ₹900 at the bank counter. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 8.How many ₹10 notes make a ₹20 note?
- 9.A family plans ₹43000 for the month. 25% of it is for electricity. How many rupees is that?
- 10.Which is worth more: a ₹500 note or a ₹200 note? (a) 200-rupee note (b) 500-rupee note
- 11.A glue stick costs ₹22 and a kite costs ₹11. How many rupees more does the glue stick cost?
- 12.Ananya sees that ₹5000 was sent to a wrong number by mistake. What should Ananya do first? (a) Tell a parent at once (b) Keep it a secret (c) Pay again to fix it
- 13.Kabir has 2 notes of ₹200 and 4 notes of ₹10. How many rupees does Kabir have?
- 14.Arjun makes 3 greeting cards an hour and sells each one for ₹25. How many rupees can Arjun earn from 4 hours of work?
- 15.Ishaan’s class stall spends ₹240 to make 24 cupcakes and sells all of them at ₹15 each. What is the profit (in ₹)?
- 16.Ishaan has ₹700. First Ishaan pays for needs: notebooks (₹200) and a water bottle (₹190). How many rupees are left for wants?
- 17.Aarav gets ₹950 from a relative by bank transfer. In the passbook, is this a credit or a debit? (a) Debit (b) Credit
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18.Price list: juice box ₹30, samosa ₹17, toffee ₹2, eraser ₹5.
How many rupees more does a juice box cost than a toffee? - 19.One plate of idli costs ₹50. How much do 5 plates of idli cost (in ₹)?
- 20.₹14 + ₹18.50 =
- 21.₹17 + ₹41 =
- 22.₹10 + ₹16 + ₹39 =
- 23.How many ₹2 coins make a ₹10 coin?
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24.Price list: glue stick ₹24, crayon box ₹35, ruler ₹10, biscuit packet ₹20.
Which item costs the least? (a) crayon box (b) biscuit packet (c) glue stick (d) ruler - 25.A dozen (12) guavas cost ₹60. What does one cost (in ₹)?
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26.Price list: biscuit packet ₹13, pencil ₹3, sharpener ₹7, ice candy ₹11.
How much do a pencil and a sharpener cost together (in ₹)? - 27.Arjun has 5 notes of ₹200. How many rupees does Arjun have?
- 28.Rahul buys a pen for ₹17 and pays with a ₹100 note. How much change does Rahul get (in ₹)?
- 29.Shop A sells a badminton racket for ₹360 with free delivery. Shop B sells it for ₹465 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
- 30.A balloon costs ₹6 and a glue stick costs ₹24. How many rupees more does the glue stick cost?
- 31.₹45 + ₹21 =
- 32.A 5 kg bag of rice costs ₹260. A 1 kg bag costs ₹62. How many rupees per kg do you save with the cheaper bag?
- 33.Karan has 6 notes of ₹50. Joseph has 6 notes of ₹10. Who has less money? (a) Joseph (b) Karan
- 34.Tara wants an art kit that costs ₹280. Tara saves ₹40 every week. How many weeks will it take?
- 35.Zoya sells 32 cups of lemonade at ₹10 each. How many rupees does Zoya get?
- 36.Joseph has 7 coins of ₹5. How many rupees does Joseph have?
- 37.A banana costs ₹4. Ananya pays ₹50. How much change does Ananya get (in ₹)?
- 38.A day trip costs ₹1050 in all. 7 friends share the cost equally. How much does each friend pay (in ₹)?
- 39.One pencil costs ₹7. A pack of 3 pencils costs ₹18. How many rupees do you save by buying the pack instead of 3 single ones?
- 40.How many storybooks can you buy with ₹1050 if one costs ₹175?
Answer key
- 182
- 99
- 88
- 30
- 4
- 270
- Debit
- 2
- 10750
- 500-rupee note
- 11
- Tell a parent at once
- 440
- 300
- 120
- 310
- Credit
- 28
- 250
- 32.5
- 58
- 65
- 5
- ruler
- 5
- 10
- 1000
- 83
- 155
- 18
- 66
- 10
- Joseph
- 7
- 320
- 35
- 46
- 150
- 3
- 6
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids