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.Ishaan has 2 notes of ₹200, 1 note of ₹20 and 5 coins of ₹2. How many rupees does Ishaan have?
- 2.₹17.50 + ₹5.50 =
- 3.A dozen (12) bangles cost ₹132. What does one cost (in ₹)?
- 4.Karan gets ₹90 a week, spends ₹50 each week and saves the rest. How many rupees has Karan saved after 3 weeks?
- 5.Lakshmi buys a samosa (₹13), a cricket ball (₹120), a badminton racket (₹360) and a water bottle (₹120). What is the total (in ₹)?
- 6.The bill for a T-shirt and a samosa is ₹298. A T-shirt costs ₹285. What does the samosa cost (in ₹)?
- 7.Shop A sells 4 samosas for ₹72. Shop B sells 5 samosas for ₹65. Which shop is cheaper for one samosa? (a) Shop A (b) Shop B
- 8.A raincoat costs ₹140. The shop gives 20% off. How many rupees is the discount?
- 9.Meera keeps ₹100 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
-
10.Lakshmi’s passbook:
Opening balance: ₹4000
Credit: ₹300
Debit: ₹300
Credit: ₹450
Credit: ₹400
What is the total of all the debits (in ₹)? - 11.Tara has 5 notes of ₹100. How many rupees does Tara have?
- 12.₹5.50 + ₹12 =
- 13.Pooja makes 2 clay diyas an hour and sells each one for ₹15. How many rupees can Pooja earn from 4 hours of work?
- 14.10 geometry boxes cost ₹1250. What does one geometry box cost (in ₹)?
- 15.A toy train costs ₹580. The shop gives 25% off. What is the sale price (in ₹)?
- 16.What is the smallest number of coins and notes that make ₹89?
- 17.₹3 + ₹7.50 =
- 18.Of a ₹18000 monthly budget, 20% goes on electricity and 50% on clothes. The rest is saved. How many rupees are saved?
- 19.Kabir has 1 note of ₹50, 3 notes of ₹10 and 3 coins of ₹2. How many rupees does Kabir have?
- 20.Which is the same money as one ₹50 note? (a) two 10-rupee notes (b) five 10-rupee notes (c) six 10-rupee notes
- 21.Shop A sells 3 colour pencil sets for ₹255. Shop B sells 4 colour pencil sets for ₹460. What does one colour pencil set cost at the cheaper shop (in ₹)?
- 22.250 paise is how many rupees? =
- 23.₹? + ₹20 + ₹100 = ₹130
- 24.A study lamp costs ₹700. The shop gives 25% off. What is the sale price (in ₹)?
- 25.Priya has 3 notes of ₹50, 2 notes of ₹10 and 1 coin of ₹2. How many rupees does Priya have?
- 26.37 children go on a school trip to the zoo. The bus costs ₹80 for each child and the ticket costs ₹15 for each child. What is the total cost (in ₹)?
- 27.Diya got ₹245 in 7 weeks, the same amount every week. How many rupees is that each week?
- 28.Arjun wants a bicycle that costs ₹5000. Arjun saves ₹100 every week. How many weeks will it take?
- 29.₹5.50 + ₹4.50 =
- 30.₹1100 earns 10% simple interest per year. In how many years will the interest be ₹110?
- 31.Vivaan’s class stall spends ₹560 to make 33 friendship bands and sells all of them at ₹20 each. What is the profit (in ₹)?
- 32.Dev has 10 coins of ₹2. How many rupees does Dev have?
- 33.Diya got ₹360 in 8 weeks, the same amount every week. How many rupees is that each week?
- 34.Pooja’s mother scans a shop’s QR code to pay ₹1000. What should she check before she pays? (a) Nothing, just pay (b) The name of the shop (c) The colour of the code
- 35.Riya’s class stall spends ₹350 to make 14 cups of lemonade and sells all of them at ₹25 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
- 36.Lakshmi gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Lakshmi do? (a) Read the OTP out (b) Send it by message (c) Never share the OTP
- 37.Meera has ₹250 for return gifts. Each gift costs ₹15. What is the greatest number of gifts Meera can buy?
- 38.How many cricket balls can you buy with ₹405 if one costs ₹135?
- 39.For Vivaan, is “a fancy phone cover” a need or a want? (a) Need (b) Want
- 40.Aditya’s mother has ₹1600 in her bank account. She pays ₹100 for bread and ₹220 for school books by UPI. How many rupees are left in the account?
Answer key
- 430
- 23
- 11
- 120
- 613
- 13
- Shop B
- 28
- 116
- 300
- 500
- 17.5
- 120
- 125
- 435
- 6
- 10.5
- 5400
- 86
- five 10-rupee notes
- 85
- 2.5
- 10
- 525
- 172
- 3515
- 35
- 50
- 10
- 1
- 100
- 20
- 45
- The name of the shop
- No profit, no loss
- Never share the OTP
- 16
- 3
- Want
- 1280
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids