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.Kabir wants a bicycle that costs ₹4520, has ₹690 already and saves ₹100 every week. In how many weeks will Kabir have enough?
- 2.For Lakshmi, is “a third cricket bat” a need or a want? (a) Need (b) Want
- 3.Which coins and notes make exactly ₹57? (a) 5 + 2 + 1 (b) 50 + 2 + 2 (c) 50 + 5 + 2
- 4.The bill for 2 pens and a plate of idli is ₹67. A pen costs ₹16. What does the plate of idli cost (in ₹)?
- 5.Saanvi sells 18 plates of bhel at ₹20 each. How many rupees does Saanvi get?
- 6.Shop A sells a badminton racket for ₹375 with free delivery. Shop B sells it for ₹495 plus ₹40 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 7.Arjun buys a colour pencil set for ₹75 and pays with a ₹100 note. How much change does Arjun get (in ₹)?
- 8.₹12.50 + ₹7.50 =
- 9.Aditya wants to save ₹1120 for a wristwatch in 28 weeks, the same amount each week. How many rupees must Aditya save each week?
- 10.₹20 + ₹1 + ₹? = ₹26
- 11.Lakshmi has 4 coins of ₹5. Nisha has 8 notes of ₹50. Who has less money? (a) Lakshmi (b) Nisha
- 12.Manav’s class stall spends ₹150 to make 18 cups of lemonade and sells all of them at ₹5 each. What is the loss (in ₹)?
- 13.Ananya has 4 notes of ₹50 and 2 notes of ₹10. How many rupees does Ananya have?
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14.Sneha’s passbook:
Opening balance: ₹4300
Credit (money in): ₹550
Debit (money out): ₹?
Closing balance: ₹200
How many rupees was the debit? - 15.Rahul has 2 coins of ₹2 and 6 coins of ₹5. How many rupees does Rahul have?
- 16.Aarav keeps ₹900 in a bank at 2% simple interest per year. How much money will there be after 3 years (in ₹)?
- 17.Rahul has 2 coins of ₹20. How many rupees does Rahul have?
- 18.Count up to find the change from ₹10: ₹1 + ₹? = ₹10
- 19.₹30 + ₹56 =
- 20.Kavya has ₹480 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Kavya can buy?
- 21.₹410 − ₹220 =
- 22.Riya is making a shopping list. Which of these is a need? (a) a glitter pen set (b) a remote-control car (c) a video game (d) a schoolbag
- 23.Isha gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Isha do? (a) Read the OTP out (b) Send it by message (c) Never share the OTP
- 24.A water bottle costs ₹700. The shop gives 10% off. What is the sale price (in ₹)?
- 25.Which is the biggest amount: ₹70, ₹19 or ₹24? (a) 24 rupees (b) 70 rupees (c) 19 rupees
- 26.For Joseph, is “school shoes” a need or a want? (a) Want (b) Need
- 27.A family plans ₹49000 for the month. 25% of it is for electricity. How many rupees is that?
- 28.Ananya buys a cricket ball (₹105), a badminton racket (₹480), a geometry box (₹115) and a football (₹360). What is the total (in ₹)?
- 29.A stall pays ₹5 for each cup of lemonade and sells each one for ₹12. It sells 16 cups of lemonade. What is the total profit (in ₹)?
- 30.Which coins and notes make exactly ₹16? (a) 10 + 5 + 1 (b) 5 + 2 + 1 (c) 20 + 10 + 5
- 31.Arjun wants to save ₹320 for a storybook set in 4 weeks, the same amount each week. How many rupees must Arjun save each week?
- 32.6 footballs cost ₹2130. How much do 7 footballs cost (in ₹)?
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33.Sneha’s passbook:
Opening balance: ₹1700
Credit (money in): ₹250
Debit (money out): ₹1700
What is the balance now (in ₹)? - 34.Arjun keeps ₹2000 in a bank. After 5 years the simple interest is ₹800. What is the rate of interest per year (in %)?
- 35.One T-shirt costs ₹200. How much do 3 T-shirts cost (in ₹)?
- 36.₹61 + ₹32 =
- 37.A cricket bat costs ₹500. The shop gives 25% off. How many rupees is the discount?
- 38.Isha buys a sticker sheet for ₹7 and a ruler for ₹9. How many rupees does Isha spend in all?
- 39.Meera has 3 notes of ₹100 and 4 notes of ₹50. How many rupees does Meera have?
- 40.Arjun gets ₹26 every day. How many rupees is that in one week (7 days)?
Answer key
- 39
- Want
- 50 + 5 + 2
- 35
- 360
- Shop A
- 25
- 20
- 40
- 5
- Lakshmi
- 60
- 220
- 4650
- 34
- 954
- 40
- 9
- 86
- 32
- 190
- a schoolbag
- Never share the OTP
- 630
- 70 rupees
- Need
- 12250
- 1060
- 112
- 10 + 5 + 1
- 80
- 2485
- 250
- 8
- 600
- 93
- 125
- 16
- 500
- 182
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids