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.Pooja has a budget of ₹2000 for a birthday party. The return gifts cost ₹490, the cake cost ₹150 and the snacks cost ₹390. How many rupees are left?
- 2.₹38 − ₹20 =
- 3.A pen costs ₹4.50. Aditya pays ₹20. How much change does Aditya get, in rupees? =
- 4.A school bag costs ₹585 online. Delivery is ₹60 and a coupon takes ₹30 off. What is the final price (in ₹)?
- 5.A 5 kg bag of rice costs ₹360. A 2 kg bag costs ₹122. How many rupees per kg do you save with the cheaper bag?
- 6.A dozen (12) guavas cost ₹84. What does one cost (in ₹)?
- 7.A 5 kg bag of dal costs ₹640. A 1 kg bag costs ₹113. Which bag is cheaper per kg? (a) 1 kg bag (b) 5 kg bag
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8.Price list: kite ₹11, ruler ₹8, juice box ₹20, sharpener ₹4.
How many rupees more does a juice box cost than a sharpener? - 9.Isha has ₹14. A kite costs ₹11. Does Isha have enough money to buy it? (a) Yes (b) No
- 10.For Rahul, is “a sticker album” a need or a want? (a) Want (b) Need
- 11.Priya has 3 coins of ₹1. Lakshmi has 7 notes of ₹10. How many more rupees does Lakshmi have?
- 12.An ice candy costs ₹11. Priya pays ₹50. How much change does Priya get (in ₹)?
- 13.Pooja’s mother has ₹1900 in her bank account. She pays ₹350 for vegetables and ₹180 for bread by UPI. How many rupees are left in the account?
- 14.A toy train costs ₹520. The shop gives 25% off. How many rupees is the discount?
- 15.A 5 kg bag of onions costs ₹220. A 2 kg bag costs ₹62. Which bag is cheaper per kg? (a) 5 kg bag (b) 2 kg bag
- 16.Isha sells 20 cupcakes at ₹15 each. How many rupees does Isha get?
- 17.₹920 − ₹220 =
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18.Meera’s passbook:
Opening balance: ₹3200
Credit (money in): ₹50
Debit (money out): ₹?
Closing balance: ₹1900
How many rupees was the debit? - 19.Vivaan keeps ₹2000 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
- 20.Which is worth more: a ₹2 coin or a ₹1 coin? (a) 1-rupee coin (b) 2-rupee coin
- 21.Meera’s mother scans a shop’s QR code to pay ₹1000. What should she check before she pays? (a) The name of the shop (b) Nothing, just pay (c) The colour of the code
- 22.Sneha wants a board game that costs ₹480. Sneha saves ₹20 every week. How many weeks will it take?
- 23.₹2 + ₹50 + ₹? = ₹57
- 24.What is the smallest number of coins and notes that make ₹156?
- 25.Ananya deposits ₹950 saved in a piggy bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 26.How many coins of ₹2 does Vivaan need to make ₹18?
- 27.A 2 kg bag of rice costs ₹94. A 5 kg bag costs ₹225. Which bag is cheaper per kg? (a) 2 kg bag (b) 5 kg bag
- 28.What is the smallest number of coins and notes that make ₹37?
- 29.Vivaan has 9 notes of ₹50. Farhan has 4 notes of ₹10. Who has less money? (a) Farhan (b) Vivaan
- 30.What is the smallest number of coins and notes that make ₹27?
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31.Price list: notebook ₹45, sticker sheet ₹12, balloon ₹9, juice box ₹30.
Which item costs the most? (a) sticker sheet (b) notebook (c) balloon (d) juice box - 32.₹35 + ₹63 =
- 33.Rahul buys a T-shirt (₹315), a lunch box (₹260), a mango (₹20) and a samosa (₹16). What is the total (in ₹)?
- 34.Rahul buys a storybook for ₹100 and a colour pencil set for ₹90, and pays with a ₹500 note. How much change does Rahul get (in ₹)?
- 35.One pencil costs ₹5. A pack of 3 pencils costs ₹12. How many rupees do you save by buying the pack instead of 3 single ones?
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36.Price list: sharpener ₹9, biscuit packet ₹10, juice box ₹30, toffee ₹1.
Which item costs the most? (a) biscuit packet (b) sharpener (c) juice box (d) toffee - 37.Farhan sees that ₹25000 was sent to a wrong number by mistake. What should Farhan do first? (a) Keep it a secret (b) Pay again to fix it (c) Tell a parent at once
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38.Dev’s passbook:
Opening balance: ₹2000
Credit: ₹250
Debit: ₹350
Credit: ₹500
Debit: ₹250
What is the total of all the credits (in ₹)? -
39.Rohan’s passbook:
Opening balance: ₹3900
Credit (money in): ₹300
Debit (money out): ₹?
Closing balance: ₹2200
How many rupees was the debit? - 40.7 water bottles cost ₹875. What does one water bottle cost (in ₹)?
Answer key
- 970
- 18
- 15.5
- 615
- 11
- 7
- 1 kg bag
- 16
- Yes
- Want
- 67
- 39
- 1370
- 130
- 2 kg bag
- 300
- 700
- 1350
- 120
- 2-rupee coin
- The name of the shop
- 24
- 5
- 4
- Credit
- 9
- 5 kg bag
- 4
- Farhan
- 3
- notebook
- 98
- 611
- 310
- 3
- juice box
- Tell a parent at once
- 750
- 2000
- 125
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