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.A message says Lakshmi has won ₹1000. It asks for the UPI PIN to send the prize. What is true? (a) Enter the PIN quickly (b) No PIN to receive money (c) Prizes need your PIN
- 2.Shop A sells 2 pairs of socks for ₹120. Shop B sells 5 pairs of socks for ₹350. Which shop is cheaper for one pair of socks? (a) Shop A (b) Shop B
- 3.Karan takes out ₹1400 from an ATM. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 4.Dev has 9 notes of ₹10. Sneha has 2 coins of ₹2. How many more rupees does Dev have?
- 5.Lakshmi has ₹17. A biscuit packet costs ₹20. Does Lakshmi have enough money to buy it? (a) Yes (b) No
- 6.₹100 + ₹10 + ₹? = ₹160
- 7.Kabir’s piggy bank has 2 coins of ₹20, 3 coins of ₹2 and 1 coin of ₹1. How many rupees are in it?
- 8.Which coins and notes make exactly ₹62? (a) 50 + 10 + 1 (b) 10 + 2 + 2 (c) 50 + 10 + 2
- 9.Which is worth the most: a ₹2 coin, a ₹5 coin or a ₹10 coin? (a) 10-rupee coin (b) 5-rupee coin (c) 2-rupee coin
- 10.A notebook costs ₹2.50. Meera pays ₹50. How much change does Meera get, in rupees? =
- 11.After 50% off, a toy train costs ₹440. What was the price before the sale (in ₹)?
- 12.Pooja has 1 note of ₹200 and 1 note of ₹20. How many rupees does Pooja have?
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13.Kabir’s shop bill:
1 badminton racket at ₹505
1 pen at ₹15
1 school bag at ₹650
What is the total bill (in ₹)? - 14.The bill for 3 cricket balls and a samosa is ₹425. A cricket ball costs ₹135. What does the samosa cost (in ₹)?
- 15.Which is the biggest amount: ₹19, ₹62 or ₹47? (a) 47 rupees (b) 19 rupees (c) 62 rupees
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16.Price list: ruler ₹8, banana ₹6, toffee ₹1, sticker sheet ₹11.
Meera has ₹100 and buys a ruler. How many rupees are left? - 17.Nisha wants a bicycle that costs ₹3190, has ₹470 already and saves ₹250 every week. In how many weeks will Nisha have enough?
- 18.Diya has 9 notes of ₹100. How many rupees does Diya have?
- 19.₹1500 earns 5% simple interest per year. In how many years will the interest be ₹150?
- 20.A dozen (12) eggs cost ₹84. What does one cost (in ₹)?
- 21.₹96 − ₹89 =
- 22.One badminton racket costs ₹305. How much do 2 badminton rackets cost (in ₹)?
- 23.Shop A sells a water bottle for ₹125 with free delivery. Shop B sells it for ₹210 plus ₹30 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 24.1100 paise is how many rupees? =
- 25.Which is worth more: a ₹10 note or a ₹20 coin? (a) 20-rupee coin (b) 10-rupee note
- 26.Meera spends ₹140 to start a stall and sells each cup of lemonade for ₹10. What is the smallest number Meera must sell to get back the ₹140?
- 27.Which is worth the most: a ₹10 coin, a ₹1 coin or a ₹2 coin? (a) 1-rupee coin (b) 2-rupee coin (c) 10-rupee coin
- 28.How many coins of ₹10 does Dev need to make ₹50?
- 29.Ananya has 2 coins of ₹1. How many rupees does Ananya have?
- 30.One toffee costs ₹1.50. How many rupees do 9 toffees cost? =
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31.Diya’s passbook:
Opening balance: ₹3500
Debit: ₹400
Debit: ₹150
Credit: ₹200
Credit: ₹50
What is the total of all the credits (in ₹)? - 32.Dev has 2 coins of ₹2. Diya has 4 coins of ₹5. Who has less money? (a) Dev (b) Diya
- 33.Shop A sells 3 notebooks for ₹180. Shop B sells 2 notebooks for ₹110. What does one notebook cost at the cheaper shop (in ₹)?
- 34.₹900 − ₹330 =
- 35.Which is worth more: a ₹500 note or a ₹5 coin? (a) 500-rupee note (b) 5-rupee coin
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36.Price list: sharpener ₹9, banana ₹5, crayon box ₹50, ice candy ₹10.
How much do 3 crayon boxes cost (in ₹)? - 37.Farhan wants an art kit that costs ₹415, has ₹80 already and saves ₹40 every week. In how many weeks will Farhan have enough?
- 38.Of a ₹29000 monthly budget, 25% goes on food and 30% on rent. The rest is saved. What percent is saved?
- 39.Ananya buys 3 colour pencil sets at ₹105 each and pays with a ₹500 note. How much change does Ananya get (in ₹)?
- 40.₹820 − ₹90 =
Answer key
- No PIN to receive money
- Shop A
- Debit
- 86
- No
- 50
- 47
- 50 + 10 + 2
- 10-rupee coin
- 47.5
- 880
- 220
- 1170
- 20
- 62 rupees
- 92
- 11
- 900
- 2
- 7
- 7
- 610
- Shop A
- 11
- 20-rupee coin
- 14
- 10-rupee coin
- 5
- 2
- 13.5
- 250
- Dev
- 55
- 570
- 500-rupee note
- 150
- 9
- 45
- 185
- 730
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids