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.How many notes of ₹100 make ₹200?
- 2.₹? + ₹1 + ₹20 = ₹121
- 3.A pencil costs ₹8 and an eraser costs ₹3. How many rupees more does the pencil cost?
- 4.A 10 kg bag of rice costs ₹420. A 2 kg bag costs ₹94. How many rupees per kg do you save with the cheaper bag?
- 5.A cricket ball costs ₹110 online. Delivery is ₹40 and a coupon takes ₹30 off. What is the final price (in ₹)?
- 6.₹40 + ₹47 =
- 7.Farhan keeps ₹200 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
- 8.Saanvi keeps ₹300 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
- 9.Of a ₹8000 monthly budget, 10% goes on rent and 20% on food. The rest is saved. How many rupees are saved?
- 10.What is the smallest number of coins and notes that make ₹61?
- 11.Zoya keeps ₹900 in a bank. After 2 years the simple interest is ₹90. What is the rate of interest per year (in %)?
- 12.A ruler costs ₹12. Zoya pays ₹50. How much change does Zoya get (in ₹)?
- 13.Rohan buys a samosa for ₹12 and a juice box for ₹30. How many rupees does Rohan spend in all?
- 14.What do 2 mangoes at ₹35 each and 4 footballs at ₹300 each cost in all (in ₹)?
- 15.Shop A sells a T-shirt for ₹270 with free delivery. Shop B sells it for ₹290 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
- 16.A storybook costs ₹51. Aarav has ₹10 and ₹2. How many more rupees does Aarav need?
- 17.Saanvi wants to save ₹450 for a football in 9 weeks, the same amount each week. How many rupees must Saanvi save each week?
- 18.Priya has 1 note of ₹200 and 1 note of ₹50. How many rupees does Priya have?
- 19.Rohan has 2 notes of ₹200 and 5 notes of ₹100. How many rupees does Rohan have?
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20.Price list: balloon ₹8, sharpener ₹6, notebook ₹45, pencil ₹3.
Which item costs the least? (a) sharpener (b) notebook (c) balloon (d) pencil -
21.Kabir’s passbook:
Opening balance: ₹900
Credit (money in): ₹450
Debit (money out): ₹?
Closing balance: ₹700
How many rupees was the debit? - 22.Count up to find the change from ₹200: ₹80 + ₹? = ₹200
- 23.Priya has 8 notes of ₹10. How many rupees does Priya have?
- 24.A day trip costs ₹680 in all. 4 friends share the cost equally. How much does each friend pay (in ₹)?
- 25.Ananya has 4 coins of ₹10 and 2 coins of ₹1. How many rupees does Ananya have?
- 26.A colouring book costs ₹71. Manav has ₹10 and ₹2. How many more rupees does Manav need?
- 27.Someone online asks Manav 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
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28.Price list: sharpener ₹6, balloon ₹5, pencil ₹3, samosa ₹15.
Ananya has ₹50 and buys a samosa. How many rupees are left? - 29.Aarav has ₹2000. In a piggy bank it stays ₹2000. In a bank at 2% simple interest per year, how many rupees more will Aarav have after 1 year?
- 30.Rahul buys 2 erasers at ₹3 each and pays ₹20. How much change does Rahul get (in ₹)?
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31.Nisha’s passbook:
Opening balance: ₹2000
Debit: ₹450
Credit: ₹150
Credit: ₹100
Debit: ₹50
What is the total of all the credits (in ₹)? - 32.Tara keeps ₹300 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
- 33.Which is the same money as one ₹20 note? (a) four 5-rupee coins (b) five 5-rupee coins (c) three 5-rupee coins
- 34.Which is worth the least: a ₹10 note, a ₹20 note or a ₹1 coin? (a) 20-rupee note (b) 1-rupee coin (c) 10-rupee note
- 35.Kabir’s piggy bank has 4 coins of ₹5, 5 coins of ₹2 and 5 coins of ₹1. How many rupees are in it?
- 36.After 50% off, a jacket costs ₹370. What was the price before the sale (in ₹)?
- 37.Nisha buys a T-shirt (₹270), a pen (₹11), a water bottle (₹215) and a cricket ball (₹125). What is the total (in ₹)?
- 38.A notebook costs ₹40 and a ruler costs ₹8. How many rupees more does the notebook cost?
- 39.Which is worth the least: a ₹50 note, a ₹100 note or a ₹10 note? (a) 10-rupee note (b) 100-rupee note (c) 50-rupee note
- 40.How many coins of ₹20 does Arjun need to make ₹200?
Answer key
- 2
- 100
- 5
- 5
- 120
- 87
- 18
- 42
- 5600
- 3
- 5
- 38
- 42
- 1270
- 90
- 39
- 50
- 250
- 900
- pencil
- 650
- 120
- 80
- 170
- 42
- 59
- No one
- 35
- 40
- 14
- 250
- 342
- four 5-rupee coins
- 1-rupee coin
- 35
- 740
- 621
- 32
- 10-rupee note
- 10
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids