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 is making a shopping list. Which of these is a need? (a) a bigger TV (b) a glitter pen set (c) a toy robot (d) notebooks for school
- 2.Which coins and notes make exactly ₹56? (a) 100 + 5 + 1 (b) 50 + 2 + 1 (c) 50 + 5 + 1
- 3.A 2 kg bag of rice costs ₹90. A 5 kg bag costs ₹270. How many rupees per kg do you save with the cheaper bag?
- 4.Diya has ₹300 for a picnic. Food costs ₹120 and tickets cost ₹160. Is ₹300 enough? (a) Yes (b) No
- 5.Sneha has 1 note of ₹200, 1 note of ₹20 and 5 coins of ₹1. How many rupees does Sneha have?
- 6.Ishaan buys 2 ice candies at ₹9 each and pays ₹50. How much change does Ishaan get (in ₹)?
- 7.Shop A sells a badminton racket for ₹570 with free delivery. Shop B sells it for ₹460 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
- 8.A 1 kg bag of dal costs ₹99. A 5 kg bag costs ₹740. How many rupees per kg do you save with the cheaper bag?
- 9.Joseph is making a shopping list. Which of these is a need? (a) a new party dress (b) a fancy phone cover (c) notebooks for school (d) extra comic books
- 10.Kavya had ₹77. Kavya spent ₹40 on a notebook. How many rupees are left?
- 11.A cricket ball costs ₹135 online. Delivery is ₹30 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 12.₹570 − ₹150 =
- 13.Pooja gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Pooja do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
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14.Isha’s shop bill:
1 football at ₹410
2 pens at ₹12 each
1 T-shirt at ₹360
What is the total bill (in ₹)? - 15.Manav wants a storybook set that costs ₹450, has ₹10 already and saves ₹90 every week. In how many weeks will Manav have enough?
- 16.One tiny sticker costs ₹2.50. How many rupees do 10 tiny stickers cost? =
- 17.A stranger asks Tara to scan a QR code to “get” ₹10000. What is true? (a) It gives you money (b) Scanning a QR pays money (c) QR codes are always safe
- 18.For Pooja, is “a toy robot” a need or a want? (a) Need (b) Want
- 19.Kabir buys a juice box for ₹20 and a biscuit packet for ₹19. How many rupees does Kabir spend in all?
- 20.Tara’s piggy bank has 1 coin of ₹20, 4 coins of ₹10 and 1 coin of ₹2. How many rupees are in it?
- 21.₹800 earns 7% simple interest per year. In how many years will the interest be ₹56?
- 22.Aditya saves ₹80 every week for 12 weeks, then buys a bicycle for ₹780. How many rupees are left?
- 23.A jacket costs ₹1000. The shop gives 25% off. How many rupees is the discount?
- 24.Kabir has one ₹2 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 25.9 colour pencil sets cost ₹630. What does one colour pencil set cost (in ₹)?
- 26.How many notes of ₹20 make ₹160?
- 27.Aarav has 3 coins of ₹20 and 6 coins of ₹2. How many rupees does Aarav have?
- 28.There are 21 children in a class. Each child needs one plate of idli at ₹55. What is the total cost (in ₹)?
- 29.Which coins and notes make exactly ₹23? (a) 2 + 2 + 1 (b) 50 + 2 + 1 (c) 20 + 2 + 1
- 30.Nisha keeps ₹1700 in a bank at 4% simple interest per year. How much money will there be after 5 years (in ₹)?
- 31.Gurpreet has ₹49 in a piggy bank. Nani gives Gurpreet ₹39 more. How many rupees does Gurpreet have now?
- 32.Shop A sells a football for ₹415 with free delivery. Shop B sells it for ₹400 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 33.Kabir gets ₹75 pocket money every week. How many rupees is that in 2 weeks?
- 34.Aarav’s class stall spends ₹70 to make 11 cupcakes and sells all of them at ₹10 each. What is the profit (in ₹)?
- 35.Saanvi sees that ₹5000 was sent to a wrong number by mistake. What should Saanvi do first? (a) Tell a parent at once (b) Pay again to fix it (c) Keep it a secret
- 36.One crayon box costs ₹30. A pack of 3 crayon boxes costs ₹86. How many rupees do you save by buying the pack instead of 3 single ones?
- 37.Saanvi gets ₹15 pocket money every week. How many rupees is that in 3 weeks?
- 38.A notebook costs ₹35 and a biscuit packet costs ₹16. How many rupees more does the notebook cost?
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39.Kavya’s passbook:
Opening balance: ₹4500
Debit: ₹400
Debit: ₹500
Credit: ₹400
Debit: ₹400
What is the total of all the debits (in ₹)? - 40.Aditya gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Aditya do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
Answer key
- notebooks for school
- 50 + 5 + 1
- 9
- Yes
- 225
- 32
- 40
- 49
- notebooks for school
- 37
- 155
- 420
- Never share the OTP
- 794
- 5
- 25
- Scanning a QR pays money
- Want
- 39
- 62
- 1
- 180
- 250
- Coin
- 70
- 8
- 72
- 1155
- 20 + 2 + 1
- 2040
- 88
- 5
- 150
- 40
- Tell a parent at once
- 4
- 45
- 19
- 1300
- Never share the OTP
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids