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
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1.Aarav’s passbook:
Opening balance: ₹3100
Credit (money in): ₹700
Debit (money out): ₹?
Closing balance: ₹1950
How many rupees was the debit? - 2.Farhan gets ₹500 pocket money every month. How many rupees is that in one year (12 months)?
- 3.Gurpreet spends ₹240 of ₹800 pocket money on books. What percent is that?
- 4.A stall pays ₹12 for each plate of bhel and sells each one for ₹17. It sells 15 plates of bhel. What is the total profit (in ₹)?
- 5.10 school bags cost ₹4850. How much do 4 school bags cost (in ₹)?
- 6.A 5 kg bag of wheat flour costs ₹215. A 2 kg bag costs ₹66. How many rupees per kg do you save with the cheaper bag?
- 7.Tara is making a shopping list. Which of these is a want? (a) notebooks for school (b) medicine when ill (c) milk (d) a third cricket bat
- 8.Tara gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Tara do? (a) Never share the OTP (b) Read the OTP out (c) Send it by message
- 9.What is the smallest number of coins and notes that make ₹159?
- 10.₹740 − ₹190 =
- 11.Which coins and notes make exactly ₹107? (a) 100 + 10 + 2 (b) 100 + 5 + 2 (c) 100 + 50 + 5
- 12.Joseph has ₹19 in a piggy bank. Nani gives Joseph ₹12 more. How many rupees does Joseph have now?
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13.Pooja’s shop bill:
4 pens at ₹14 each
1 plate of idli at ₹60
4 storybooks at ₹185 each
What is the total bill (in ₹)? - 14.Isha has one ₹5 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 15.A message says Ishaan has won ₹10000. 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
- 16.8 water bottles cost ₹1800. What does one water bottle cost (in ₹)?
- 17.Ananya wants an art kit that costs ₹200. Ananya saves ₹100 every week. How many weeks will it take?
- 18.A 2 kg bag of wheat flour costs ₹76. A 5 kg bag costs ₹220. Which bag is cheaper per kg? (a) 5 kg bag (b) 2 kg bag
- 19.Meera has a budget of ₹500 for a birthday party. The balloons cost ₹110, the snacks cost ₹50 and the juice cost ₹40. How many rupees are left?
- 20.Which is worth more: a ₹1 coin or a ₹10 note? (a) 1-rupee coin (b) 10-rupee note
- 21.Kabir has 7 notes of ₹10. Isha has 3 notes of ₹100. How many more rupees does Isha have?
- 22.₹14 − ₹5.50 =
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23.Rohan’s shop bill:
1 pair of socks at ₹75
4 cricket balls at ₹135 each
1 geometry box at ₹125
What is the total bill (in ₹)? - 24.How many notes of ₹200 make ₹1000?
- 25.A storybook costs ₹88. Karan has ₹20 and ₹5. How many more rupees does Karan need?
- 26.Priya spends ₹120 of ₹600 pocket money on books. What percent is that?
- 27.Count up to find the change from ₹100: ₹37 + ₹? = ₹100
- 28.Aditya’s class stall spends ₹805 to make 33 friendship bands and sells all of them at ₹25 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
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29.Rohan’s shop bill:
1 cricket ball at ₹130
1 geometry box at ₹135
4 pens at ₹14 each
What is the total bill (in ₹)? - 30.Priya’s class stall spends ₹200 to make 10 friendship bands and sells all of them at ₹20 each. Is it a profit or a loss? (a) Loss (b) No profit, no loss (c) Profit
- 31.Arjun has 3 notes of ₹100, 4 notes of ₹20 and 5 coins of ₹1. How many rupees does Arjun have?
- 32.Which is the smallest amount: ₹88, ₹81 or ₹28? (a) 81 rupees (b) 88 rupees (c) 28 rupees
- 33.6 water bottles cost ₹1440. What does one water bottle cost (in ₹)?
- 34.Sneha spends ₹320 of ₹800 pocket money on books. What percent is that?
- 35.Shop A sells a school bag for ₹725 with free delivery. Shop B sells it for ₹750 plus ₹60 delivery. How many rupees do you save by buying from the cheaper shop?
- 36.A 10 kg bag of dal costs ₹1180. A 5 kg bag costs ₹725. Which bag is cheaper per kg? (a) 10 kg bag (b) 5 kg bag
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37.Nisha’s passbook:
Opening balance: ₹1600
Credit (money in): ₹50
Debit (money out): ₹1350
What is the balance now (in ₹)? - 38.A dozen (12) guavas cost ₹96. What does one cost (in ₹)?
- 39.Joseph gets ₹100 a week, spends ₹85 each week and saves the rest. How many rupees has Joseph saved after 2 weeks?
- 40.Someone online asks Ishaan for the family UPI PIN. Who should ever be told a PIN or OTP? (a) No one (b) A caller from the bank (c) A friend at school
Answer key
- 1850
- 6000
- 30
- 75
- 1940
- 10
- a third cricket bat
- Never share the OTP
- 5
- 550
- 100 + 5 + 2
- 31
- 856
- Coin
- No PIN to receive money
- 225
- 2
- 2 kg bag
- 300
- 10-rupee note
- 230
- 8.5
- 740
- 5
- 63
- 20
- 63
- Profit
- 321
- No profit, no loss
- 385
- 28 rupees
- 240
- 40
- 85
- 10 kg bag
- 300
- 8
- 30
- No one
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids