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.₹? + ₹20 + ₹10 = ₹32
- 2.Joseph’s class stall spends ₹550 to make 33 cups of lemonade and sells all of them at ₹25 each. What is the profit (in ₹)?
- 3.Aditya’s class stall spends ₹30 to make 12 paper bookmarks and sells all of them at ₹5 each. What is the profit (in ₹)?
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4.Isha’s passbook:
Opening balance: ₹2300
Credit (money in): ₹50
Debit (money out): ₹1700
What is the balance now (in ₹)? - 5.After 20% off, a school bag costs ₹480. What was the price before the sale (in ₹)?
- 6.Rahul has 5 notes of ₹10. Nisha has 3 coins of ₹2. Who has less money? (a) Nisha (b) Rahul
- 7.Which is the smallest amount: ₹23, ₹43 or ₹65? (a) 65 rupees (b) 43 rupees (c) 23 rupees
- 8.₹23.50 − ₹1 =
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9.Pooja’s shop bill:
2 plates of idli at ₹55 each
2 cricket balls at ₹140 each
3 water bottles at ₹220 each
What is the total bill (in ₹)? - 10.Saanvi’s class stall spends ₹140 to make 12 plates of bhel and sells all of them at ₹5 each. What is the loss (in ₹)?
- 11.Manav withdraws ₹800 at the bank counter. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 12.Joseph keeps ₹900 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
- 13.₹13.50 + ₹6.50 =
- 14.How many notes of ₹10 make ₹20?
- 15.Zoya’s piggy bank has 3 coins of ₹10, 5 coins of ₹5 and 5 coins of ₹2. How many rupees are in it?
- 16.Shop A sells a football for ₹320 with free delivery. Shop B sells it for ₹445 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
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17.Price list: ice candy ₹10, samosa ₹13, ruler ₹8, toffee ₹2.
Sneha has ₹100 and buys a samosa. How many rupees are left? - 18.A message says Ishaan has won ₹10000. It asks for the UPI PIN to send the prize. What is true? (a) Prizes need your PIN (b) Enter the PIN quickly (c) No PIN to receive money
- 19.Kabir keeps ₹600 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
- 20.Count up to find the change from ₹50: ₹6 + ₹? = ₹50
- 21.Meera has ₹790 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Meera can buy?
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22.Rohan’s shop bill:
3 plates of idli at ₹50 each
1 football at ₹365
4 water bottles at ₹180 each
What is the total bill (in ₹)? - 23.Saanvi’s piggy bank has 5 coins of ₹5, 2 coins of ₹2 and 4 coins of ₹1. How many rupees are in it?
- 24.Pooja has 5 coins of ₹1. Kavya has 5 notes of ₹20. Who has less money? (a) Kavya (b) Pooja
- 25.There are 23 children in a class. Each child needs one notebook at ₹35. What is the total cost (in ₹)?
- 26.Aarav keeps ₹1800 in a bank. After 5 years the simple interest is ₹180. What is the rate of interest per year (in %)?
- 27.Isha gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Isha do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
- 28.A badminton racket costs ₹410 online. Delivery is ₹60 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 29.Rahul gets ₹500 pocket money every month. How many rupees is that in one year (12 months)?
- 30.Zoya saves ₹20 every week for 12 weeks, then buys a football for ₹170. How many rupees are left?
- 31.How many coins of ₹10 does Saanvi need to make ₹80?
- 32.Diya is making a shopping list. Which of these is a need? (a) a fancy phone cover (b) a sticker album (c) extra comic books (d) bus fare to school
- 33.How many coins of ₹5 does Saanvi need to make ₹40?
- 34.Meera gets ₹90 pocket money every week. How many rupees is that in 2 weeks?
- 35.Meera is making a shopping list. Which of these is a need? (a) a fancy phone cover (b) sweets every day (c) a sticker album (d) toothpaste
- 36.Gurpreet gets ₹40 pocket money every week. How many rupees is that in 3 weeks?
- 37.₹790 − ₹410 =
- 38.₹28.50 − ₹17 =
- 39.Meera got ₹165 in 3 weeks, the same amount every week. How many rupees is that each week?
- 40.Diya’s class stall spends ₹600 to make 39 paper bookmarks and sells all of them at ₹25 each. What is the profit (in ₹)?
Answer key
- 2
- 275
- 30
- 650
- 600
- Nisha
- 23 rupees
- 22.5
- 1050
- 80
- Debit
- 360
- 20
- 2
- 65
- 175
- 87
- No PIN to receive money
- 654
- 44
- 52
- 1235
- 33
- Pooja
- 805
- 2
- Never share the OTP
- 450
- 6000
- 70
- 8
- bus fare to school
- 8
- 180
- toothpaste
- 120
- 380
- 11.5
- 55
- 375
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids