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.One ice candy costs ₹8. A pack of 3 ice candies costs ₹22. How many rupees do you save by buying the pack instead of 3 single ones?
- 2.Saanvi buys a samosa for ₹10 and an eraser for ₹2, and pays ₹50. How much change does Saanvi get (in ₹)?
- 3.Which is worth the least: a ₹100 note, a ₹200 note or a ₹1 coin? (a) 1-rupee coin (b) 200-rupee note (c) 100-rupee note
- 4.Kabir keeps ₹1200 in a bank. After 3 years the simple interest is ₹180. What is the rate of interest per year (in %)?
- 5.How many coins of ₹2 does Pooja need to make ₹18?
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6.Diya’s passbook:
Opening balance: ₹3800
Debit: ₹300
Credit: ₹250
Debit: ₹150
Credit: ₹450
What is the total of all the debits (in ₹)? - 7.Aditya buys a geometry box for ₹125 and a cricket ball for ₹145, and pays with a ₹500 note. How much change does Aditya get (in ₹)?
- 8.How many notebooks can you buy with ₹160 if one costs ₹40?
- 9.Kavya has 5 notes of ₹100 and 2 notes of ₹50. How many rupees does Kavya have?
- 10.Which is worth more: a ₹50 note or a ₹20 note? (a) 20-rupee note (b) 50-rupee note
- 11.What is the smallest number of coins and notes that make ₹106?
- 12.Kabir gets ₹100 pocket money every month. How many rupees is that in one year (12 months)?
- 13.Isha buys a samosa for ₹19 and a toffee for ₹2. How many rupees does Isha spend in all?
- 14.Diya has one ₹100 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 15.Tara has 5 notes of ₹50. How many rupees does Tara have?
- 16.₹74 − ₹37 =
- 17.Kavya gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Kavya do? (a) Read the OTP out (b) Never share the OTP (c) Send it by message
- 18.Isha buys a samosa for ₹14 and a football for ₹385, and pays with a ₹500 note. How much change does Isha get (in ₹)?
- 19.A dozen (12) eggs cost ₹72. What does one cost (in ₹)?
- 20.4 friends run a stall selling cupcakes and make a profit of ₹360. They share it equally. How many rupees does each friend get?
- 21.There are 36 children in a class. Each child needs one samosa at ₹19. What is the total cost (in ₹)?
- 22.Which is the biggest amount: ₹17, ₹31 or ₹74? (a) 74 rupees (b) 31 rupees (c) 17 rupees
- 23.Of a ₹38000 monthly budget, 10% goes on travel and 40% on food. The rest is saved. What percent is saved?
- 24.Diya keeps ₹1500 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
- 25.6 lunch boxes cost ₹1770. What does one lunch box cost (in ₹)?
- 26.3 school bags cost ₹1980. What does one school bag cost (in ₹)?
- 27.How many ₹5 coins make a ₹10 note?
- 28.Count up to find the change from ₹20: ₹7 + ₹? = ₹20
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29.Price list: notebook ₹40, glue stick ₹17, juice box ₹20, sharpener ₹4.
How much do a sharpener and a notebook cost together (in ₹)? - 30.A family plans ₹26000 for the month. 20% of it is for school fees. How many rupees is that?
- 31.What do 2 pairs of socks at ₹75 each and 2 samosas at ₹13 each cost in all (in ₹)?
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32.Zoya’s passbook:
Opening balance: ₹3900
Debit: ₹150
Debit: ₹350
Credit: ₹350
Debit: ₹250
What is the total of all the debits (in ₹)? - 33.Kavya wants a gift for Mum that costs ₹300. Kavya saves ₹100 every week. How many weeks will it take?
- 34.Joseph’s father is sending ₹25000 to a friend by UPI. What should he check before he pays? (a) Nothing at all (b) Only the phone colour (c) The name and amount
- 35.What is the smallest number of coins and notes that make ₹24?
- 36.29 children go on a school trip to the science park. The bus costs ₹70 for each child and the ticket costs ₹40 for each child. What is the total cost (in ₹)?
- 37.Karan has 6 coins of ₹2. Sneha has 6 notes of ₹100. How many more rupees does Sneha have?
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38.Karan’s passbook:
Opening balance: ₹2600
Credit (money in): ₹450
Debit (money out): ₹2850
What is the balance now (in ₹)? - 39.Karan spends ₹30 on things to make 14 plates of bhel and sells them all at ₹5 each. How many rupees does Karan earn after paying the costs?
- 40.Shop A sells a lunch box for ₹150 with free delivery. Shop B sells it for ₹155 plus ₹80 delivery. How many rupees do you save by buying from the cheaper shop?
Answer key
- 2
- 38
- 1-rupee coin
- 5
- 9
- 450
- 230
- 4
- 600
- 50-rupee note
- 3
- 1200
- 21
- Note
- 250
- 37
- Never share the OTP
- 101
- 6
- 90
- 684
- 74 rupees
- 50
- 30
- 295
- 660
- 2
- 13
- 44
- 5200
- 176
- 750
- 3
- The name and amount
- 3
- 3190
- 588
- 200
- 40
- 85
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids