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.Farhan has ₹300 for a picnic. Food costs ₹50 and tickets cost ₹290. Is ₹300 enough? (a) No (b) Yes
- 2.A jacket costs ₹220. The shop gives 10% off. How many rupees is the discount?
- 3.Nisha gets ₹40 a week, spends ₹25 each week and saves the rest. How many rupees has Nisha saved after 2 weeks?
- 4.₹2 + ₹? + ₹10 = ₹17
- 5.A message says Zoya has won ₹500. It asks for the UPI PIN to send the prize. What is true? (a) No PIN to receive money (b) Prizes need your PIN (c) Enter the PIN quickly
- 6.Ananya has ₹350. First Ananya pays for needs: a water bottle (₹110) and a school uniform (₹110). How many rupees are left for wants?
- 7.Kabir buys a geometry box (₹130), a notebook (₹35), a football (₹290) and a school bag (₹640). What is the total (in ₹)?
- 8.Diya has 5 notes of ₹20. How many rupees does Diya have?
- 9.After 10% off, a football costs ₹576. What was the price before the sale (in ₹)?
- 10.Tara has 7 coins of ₹1. How many rupees does Tara have?
- 11.Karan has 7 notes of ₹100. Tara has 9 coins of ₹2. How many more rupees does Karan have?
- 12.Of a ₹30000 monthly budget, 50% goes on electricity and 40% on rent. The rest is saved. How many rupees are saved?
- 13.Saanvi gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Saanvi do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
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14.Tara’s passbook:
Opening balance: ₹4500
Credit: ₹400
Debit: ₹300
Debit: ₹200
Credit: ₹200
What is the total of all the credits (in ₹)? - 15.Riya is making a shopping list. Which of these is a need? (a) a third cricket bat (b) sweets every day (c) a toy robot (d) school shoes
- 16.Nisha spends ₹210 to start a stall and sells each cupcake for ₹5. What is the smallest number Nisha must sell to get back the ₹210?
- 17.Ananya saves ₹40 every week for 4 weeks, then buys a board game for ₹120. How many rupees are left?
- 18.₹1 + ₹100 + ₹? = ₹111
- 19.Aarav keeps ₹1200 in a bank at 6% simple interest per year. How much money will there be after 3 years (in ₹)?
- 20.Nisha has ₹400. First Nisha pays for needs: a school uniform (₹110) and a geometry box (₹70). How many rupees are left for wants?
- 21.A cricket bat costs ₹200. The shop gives 10% off. How many rupees is the discount?
- 22.Which coins and notes make exactly ₹106? (a) 20 + 5 + 1 (b) 100 + 20 + 5 (c) 100 + 5 + 1
- 23.Lakshmi saves ₹20 every week for 7 weeks, then buys a cricket bat for ₹10. How many rupees are left?
- 24.Which coins and notes make exactly ₹53? (a) 100 + 2 + 1 (b) 20 + 2 + 1 (c) 50 + 2 + 1
- 25.How many ₹100 notes make a ₹200 note?
- 26.For Ananya, is “soap” a need or a want? (a) Need (b) Want
- 27.A banana costs ₹4. Zoya pays ₹50. How much change does Zoya get (in ₹)?
- 28.Meera has 6 coins of ₹5. Gurpreet has 3 coins of ₹1. How many more rupees does Meera have?
- 29.The bill for 3 storybooks and a pen is ₹453. A storybook costs ₹145. What does the pen cost (in ₹)?
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30.Ishaan’s passbook:
Opening balance: ₹3700
Credit (money in): ₹800
Debit (money out): ₹3850
What is the balance now (in ₹)? - 31.Diya got ₹900 in 9 weeks, the same amount every week. How many rupees is that each week?
- 32.One cricket ball costs ₹145. How much do 5 cricket balls cost (in ₹)?
- 33.Ishaan is making a shopping list. Which of these is a want? (a) designer sunglasses (b) medicine when ill (c) toothpaste (d) a warm blanket
- 34.₹35 + ₹39 + ₹39 =
- 35.Pooja’s father is sending ₹10000 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
- 36.₹17 + ₹49 =
- 37.One football costs ₹330. How much do 5 footballs cost (in ₹)?
- 38.Ananya has 10 coins of ₹2. How many rupees does Ananya have?
- 39.Pooja buys a pencil for ₹8 and a banana for ₹5. How many rupees does Pooja spend in all?
- 40.Tara is making a shopping list. Which of these is a need? (a) a new party dress (b) a fancy phone cover (c) a warm blanket (d) sweets every day
Answer key
- No
- 22
- 30
- 5
- No PIN to receive money
- 130
- 1095
- 100
- 640
- 7
- 682
- 3000
- Never share the OTP
- 600
- school shoes
- 42
- 40
- 10
- 1416
- 220
- 20
- 100 + 5 + 1
- 130
- 50 + 2 + 1
- 2
- Need
- 46
- 27
- 18
- 650
- 100
- 725
- designer sunglasses
- 113
- The name and amount
- 66
- 1650
- 20
- 13
- a warm blanket
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids