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.A colouring book costs ₹94. Ishaan has ₹20 and ₹2. How many more rupees does Ishaan need?
- 2.₹330 + ₹350 =
- 3.Manav has ₹15 in a piggy bank. Dadi gives Manav ₹30 more. How many rupees does Manav have now?
- 4.3 friends run a stall selling paper bookmarks and make a profit of ₹1440. They share it equally. How many rupees does each friend get?
- 5.Isha sells 47 friendship bands at ₹15 each. How many rupees does Isha get?
- 6.Rohan has 1 note of ₹50, 2 notes of ₹10 and 5 coins of ₹2. How many rupees does Rohan have?
- 7.Rohan keeps ₹1800 in a bank. After 5 years the simple interest is ₹270. What is the rate of interest per year (in %)?
- 8.Of a ₹13000 monthly budget, 20% goes on electricity and 40% on rent. The rest is saved. How many rupees are saved?
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9.Joseph’s passbook:
Opening balance: ₹600
Credit (money in): ₹50
Debit (money out): ₹?
Closing balance: ₹600
How many rupees was the debit? - 10.1850 paise is how many rupees? =
- 11.Nisha gets a link: “Click now to win a phone worth ₹500!” What should Nisha do? (a) Send it to friends (b) Ignore it, tell a parent (c) Click it to win
- 12.A message says Nisha has won ₹25000. 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
- 13.₹130 + ₹390 =
- 14.Tara gets a link: “Click now to win a phone worth ₹1000!” What should Tara do? (a) Send it to friends (b) Ignore it, tell a parent (c) Click it to win
- 15.How many paise are there in ₹8.50?
- 16.Zoya has ₹4. A sharpener costs ₹7. Does Zoya have enough money to buy it? (a) No (b) Yes
- 17.Zoya wants to save ₹450 for an art kit in 5 weeks, the same amount each week. How many rupees must Zoya save each week?
- 18.What is the smallest number of coins and notes that make ₹152?
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19.Price list: banana ₹6, crayon box ₹45, sharpener ₹7, eraser ₹4.
Which item costs the most? (a) eraser (b) banana (c) crayon box (d) sharpener - 20.Kabir buys 2 mangoes at ₹40 each and pays with a ₹100 note. How much change does Kabir get (in ₹)?
- 21.Which is worth the most: a ₹10 note, a ₹50 note or a ₹1 coin? (a) 50-rupee note (b) 10-rupee note (c) 1-rupee coin
- 22.A dozen (12) bananas cost ₹72. What does one cost (in ₹)?
- 23.Meera has ₹850. First Meera pays for needs: a raincoat (₹180) and a school uniform (₹130). How many rupees are left for wants?
- 24.What do 4 notebooks at ₹55 each and 2 cricket balls at ₹140 each cost in all (in ₹)?
- 25.Isha’s mother has ₹1500 in her bank account. She pays ₹180 for school books and ₹170 for vegetables by UPI. How many rupees are left in the account?
- 26.Arjun has ₹8. An ice candy costs ₹10. Does Arjun have enough money to buy it? (a) Yes (b) No
- 27.After 20% off, a pair of shoes costs ₹304. What was the price before the sale (in ₹)?
- 28.One rubber band costs ₹3.50. How many rupees do 8 rubber bands cost? =
- 29.Sneha gets ₹300 pocket money every month. How many rupees is that in one year (12 months)?
- 30.A crayon box costs ₹30 and a balloon costs ₹8. How many rupees more does the crayon box cost?
- 31.Priya has 6 coins of ₹10. How many rupees does Priya have?
- 32.₹17 + ₹11.50 =
- 33.Aditya keeps ₹1600 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
- 34.Which is worth more: a ₹1 coin or a ₹50 note? (a) 1-rupee coin (b) 50-rupee note
- 35.What do 5 pairs of socks at ₹85 each and 5 lunch boxes at ₹300 each cost in all (in ₹)?
- 36.Of a ₹21000 monthly budget, 5% goes on school fees and 20% on rent. The rest is saved. How many rupees are saved?
- 37.34 children go on a school trip to the zoo. The bus costs ₹90 for each child and the ticket costs ₹40 for each child. What is the total cost (in ₹)?
- 38.Riya has 1 note of ₹50, 1 note of ₹20 and 3 coins of ₹5. How many rupees does Riya have?
- 39.Ananya’s piggy bank has 1 coin of ₹20, 1 coin of ₹5 and 2 coins of ₹1. How many rupees are in it?
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40.Isha’s passbook:
Opening balance: ₹3300
Credit (money in): ₹100
Debit (money out): ₹2050
What is the balance now (in ₹)?
Answer key
- 72
- 680
- 45
- 480
- 705
- 80
- 3
- 5200
- 50
- 18.5
- Ignore it, tell a parent
- No PIN to receive money
- 520
- Ignore it, tell a parent
- 850
- No
- 90
- 3
- crayon box
- 20
- 50-rupee note
- 6
- 540
- 500
- 1150
- No
- 380
- 28
- 3600
- 22
- 60
- 28.5
- 80
- 50-rupee note
- 1925
- 15750
- 4420
- 85
- 27
- 1350
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids