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.How many coins of ₹10 does Riya need to make ₹40?
- 2.₹12 + ₹40 + ₹29 =
- 3.Which coins and notes make exactly ₹56? (a) 50 + 1 + 1 (b) 50 + 5 + 1 (c) 100 + 50 + 1
- 4.A 2 kg bag of onions costs ₹48. A 10 kg bag costs ₹420. Which bag is cheaper per kg? (a) 2 kg bag (b) 10 kg bag
- 5.Aarav gets a link: “Click now to win a phone worth ₹2000!” What should Aarav do? (a) Click it to win (b) Send it to friends (c) Ignore it, tell a parent
- 6.After 10% off, a school bag costs ₹594. What was the price before the sale (in ₹)?
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7.Karan’s passbook:
Opening balance: ₹4200
Credit: ₹250
Debit: ₹350
Credit: ₹150
Credit: ₹300
What is the closing balance (in ₹)? - 8.How many coins of ₹20 does Zoya need to make ₹40?
- 9.Farhan has 5 notes of ₹100. How many rupees does Farhan have?
- 10.2 friends run a stall selling clay diyas and make a profit of ₹560. They share it equally. How many rupees does each friend get?
- 11.A paint box costs ₹77. Ananya has ₹10 and ₹2. How many more rupees does Ananya need?
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12.Price list: toffee ₹3, banana ₹5, notebook ₹45, sharpener ₹7.
How much do 2 sharpeners cost (in ₹)? -
13.Price list: balloon ₹10, notebook ₹40, kite ₹22, eraser ₹5.
Diya has ₹50 and buys a kite. How many rupees are left? - 14.For Dev, is “a third cricket bat” a need or a want? (a) Want (b) Need
- 15.Pooja’s father is sending ₹2000 to a friend by UPI. What should he check before he pays? (a) Only the phone colour (b) Nothing at all (c) The name and amount
- 16.Rahul wants to save ₹200 for an art kit in 2 weeks, the same amount each week. How many rupees must Rahul save each week?
- 17.For Zoya, is “a bigger TV” a need or a want? (a) Need (b) Want
- 18.Ishaan has a budget of ₹1000 for a birthday party. The decorations cost ₹170, the balloons cost ₹90 and the snacks cost ₹40. How many rupees are left?
- 19.Diya buys a sharpener for ₹5 and a balloon for ₹8. How many rupees does Diya spend in all?
- 20.Shop A sells 6 plates of idli for ₹180. Shop B sells 3 plates of idli for ₹120. Which shop is cheaper for one plate of idli? (a) Shop B (b) Shop A
- 21.Saanvi keeps ₹1200 in a bank at 10% simple interest per year. How much money will there be after 3 years (in ₹)?
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22.Priya’s passbook:
Opening balance: ₹2500
Credit: ₹400
Debit: ₹350
Credit: ₹200
Credit: ₹150
What is the closing balance (in ₹)? - 23.₹? + ₹20 + ₹2 = ₹27
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24.Isha’s passbook:
Opening balance: ₹4300
Credit (money in): ₹600
Debit (money out): ₹?
Closing balance: ₹3600
How many rupees was the debit? - 25.Vivaan has 6 coins of ₹5 and 2 coins of ₹10. How many rupees does Vivaan have?
- 26.Aarav gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Aarav do? (a) Read the OTP out (b) Never share the OTP (c) Send it by message
- 27.Priya has 4 notes of ₹200, 4 notes of ₹10 and 3 coins of ₹5. How many rupees does Priya have?
- 28.A sharpener costs ₹9. Manav pays ₹50. How much change does Manav get (in ₹)?
- 29.Diya buys a ruler for ₹8 and a glue stick for ₹17, and pays ₹50. How much change does Diya get (in ₹)?
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30.Aarav’s shop bill:
1 colour pencil set at ₹70
2 cricket balls at ₹110 each
1 pen at ₹18
What is the total bill (in ₹)? - 31.Diya sells 33 paper bookmarks at ₹15 each. How many rupees does Diya get?
- 32.Rohan wants a gift for Mum that costs ₹335, has ₹130 already and saves ₹70 every week. In how many weeks will Rohan have enough?
- 33.Nisha got ₹220 in 4 weeks, the same amount every week. How many rupees is that each week?
- 34.Count up to find the change from ₹200: ₹162 + ₹? = ₹200
- 35.Rohan has ₹2. A balloon costs ₹5. Does Rohan have enough money to buy it? (a) No (b) Yes
- 36.How many paise are there in ₹16.50?
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37.Gurpreet’s passbook:
Opening balance: ₹3900
Debit: ₹400
Credit: ₹50
Debit: ₹250
Credit: ₹250
What is the closing balance (in ₹)? -
38.Price list: kite ₹14, biscuit packet ₹20, ice candy ₹13, glue stick ₹15.
Which item costs the least? (a) kite (b) biscuit packet (c) ice candy (d) glue stick - 39.A cricket bat costs ₹500. The shop gives 20% off. How many rupees is the discount?
- 40.What do 5 lunch boxes at ₹195 each and 3 mangoes at ₹30 each cost in all (in ₹)?
Answer key
- 4
- 81
- 50 + 5 + 1
- 2 kg bag
- Ignore it, tell a parent
- 660
- 4550
- 2
- 500
- 280
- 65
- 14
- 28
- Want
- The name and amount
- 100
- Want
- 700
- 13
- Shop A
- 1560
- 2900
- 5
- 1300
- 50
- Never share the OTP
- 855
- 41
- 25
- 308
- 495
- 3
- 55
- 38
- No
- 1650
- 3550
- ice candy
- 100
- 1065
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids