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.Count up to find the change from ₹10: ₹5 + ₹? = ₹10
- 2.Riya saves ₹90 every week for 12 weeks, then buys a wristwatch for ₹20. How many rupees are left?
- 3.1400 paise is how many rupees? =
- 4.Zoya gets ₹21 every day. How many rupees is that in one week (7 days)?
- 5.Aditya had ₹7. Aditya spent ₹3 on an eraser. How many rupees are left?
- 6.Arjun buys a football for ₹315 and a colour pencil set for ₹70, and pays with a ₹500 note. How much change does Arjun get (in ₹)?
- 7.Priya’s class stall spends ₹70 to make 21 cupcakes and sells all of them at ₹5 each. What is the profit (in ₹)?
- 8.Shop A sells 5 pairs of socks for ₹300. Shop B sells 6 pairs of socks for ₹420. Which shop is cheaper for one pair of socks? (a) Shop A (b) Shop B
- 9.Ishaan gets ₹70 pocket money every week. How many rupees is that in 4 weeks?
- 10.Which is the biggest amount: ₹13, ₹84 or ₹26? (a) 26 rupees (b) 84 rupees (c) 13 rupees
- 11.A dozen (12) pencils cost ₹48. What does one cost (in ₹)?
- 12.4 colour pencil sets cost ₹320. What does one colour pencil set cost (in ₹)?
- 13.Nisha has ₹510 for return gifts. Each gift costs ₹20. What is the greatest number of gifts Nisha can buy?
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14.Farhan’s passbook:
Opening balance: ₹3700
Credit (money in): ₹450
Debit (money out): ₹2650
What is the balance now (in ₹)? - 15.The bill for 3 plates of idli and a pair of socks is ₹200. A plate of idli costs ₹50. What does the pair of socks cost (in ₹)?
- 16.₹34 + ₹23 + ₹11 =
- 17.Shop A sells 4 colour pencil sets for ₹300. Shop B sells 2 colour pencil sets for ₹170. Which shop is cheaper for one colour pencil set? (a) Shop A (b) Shop B
- 18.Priya gets ₹400 pocket money every month. How many rupees is that in one year (12 months)?
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19.Zoya’s passbook:
Opening balance: ₹4000
Credit (money in): ₹250
Debit (money out): ₹2400
What is the balance now (in ₹)? - 20.Which is worth more: a ₹10 note or a ₹1 coin? (a) 1-rupee coin (b) 10-rupee note
- 21.Which is the same money as one ₹10 note? (a) two 2-rupee coins (b) five 2-rupee coins (c) six 2-rupee coins
- 22.How many coins of ₹2 does Vivaan need to make ₹12?
- 23.Of a ₹6000 monthly budget, 20% goes on travel and 40% on rent. The rest is saved. How many rupees are saved?
- 24.How many notes of ₹10 make ₹30?
- 25.Arjun buys 2 lunch boxes at ₹190 each and pays with a ₹500 note. How much change does Arjun get (in ₹)?
- 26.Pooja has ₹730 for return gifts. Each gift costs ₹30. What is the greatest number of gifts Pooja can buy?
- 27.Diya has ₹360 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Diya can buy?
- 28.Manav wants a bicycle that costs ₹4700, has ₹1160 already and saves ₹100 every week. In how many weeks will Manav have enough?
- 29.Which is the biggest amount: ₹71, ₹76 or ₹75? (a) 71 rupees (b) 75 rupees (c) 76 rupees
- 30.Aditya sees that ₹500 was sent to a wrong number by mistake. What should Aditya do first? (a) Tell a parent at once (b) Pay again to fix it (c) Keep it a secret
- 31.A crayon box costs ₹46. Kavya pays ₹50. How much change does Kavya get (in ₹)?
- 32.How many ₹20 coins make a ₹200 note?
- 33.Of a ₹6000 monthly budget, 25% goes on food and 5% on rent. The rest is saved. How many rupees are saved?
- 34.There are 34 children in a class. Each child needs one notebook at ₹35. What is the total cost (in ₹)?
- 35.A day trip costs ₹1140 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
- 36.Aditya is making a shopping list. Which of these is a want? (a) drinking water (b) a remote-control car (c) a raincoat (d) milk
- 37.Vivaan spends ₹450 of ₹900 pocket money on books. What percent is that?
- 38.Farhan gets ₹500 pocket money every month. How many rupees is that in one year (12 months)?
- 39.A badminton racket costs ₹560 online. Delivery is ₹80 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 40.₹1400 earns 2% simple interest per year. In how many years will the interest be ₹84?
Answer key
- 5
- 1060
- 14
- 147
- 4
- 115
- 35
- Shop A
- 280
- 84 rupees
- 4
- 80
- 25
- 1500
- 50
- 68
- Shop A
- 4800
- 1850
- 10-rupee note
- five 2-rupee coins
- 6
- 2400
- 3
- 120
- 24
- 24
- 36
- 76 rupees
- Tell a parent at once
- 4
- 10
- 4200
- 1190
- 380
- a remote-control car
- 50
- 6000
- 620
- 3
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