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.How many cricket balls can you buy with ₹550 if one costs ₹110?
- 2.Rohan spends ₹100 of ₹400 pocket money on books. What percent is that?
- 3.A stall pays ₹7 for each cupcake and sells each one for ₹15. It sells 20 cupcakes. What is the total profit (in ₹)?
- 4.Kavya gets ₹30 pocket money every week. How many rupees is that in 3 weeks?
- 5.Isha’s mother scans a shop’s QR code to pay ₹2000. What should she check before she pays? (a) The colour of the code (b) Nothing, just pay (c) The name of the shop
-
6.Aditya’s passbook:
Opening balance: ₹3500
Credit (money in): ₹900
Debit (money out): ₹?
Closing balance: ₹650
How many rupees was the debit? - 7.Diya’s piggy bank has 5 coins of ₹20, 4 coins of ₹2 and 1 coin of ₹1. How many rupees are in it?
- 8.A storybook costs ₹82. Kabir has ₹10 and ₹2. How many more rupees does Kabir need?
- 9.What is the smallest number of coins and notes that make ₹69?
-
10.Price list: juice box ₹30, crayon box ₹40, notebook ₹25, pencil ₹3.
How much do a juice box and a crayon box cost together (in ₹)? - 11.One toffee costs ₹3.50. How many rupees do 3 toffees cost? =
- 12.Kabir’s class stall spends ₹550 to make 22 paper bookmarks and sells all of them at ₹30 each. What is the profit (in ₹)?
- 13.Of a ₹46000 monthly budget, 5% goes on clothes and 20% on school fees. The rest is saved. How many rupees are saved?
- 14.Dev has ₹54 in a piggy bank. Mausi gives Dev ₹12 more. How many rupees does Dev have now?
- 15.1050 paise is how many rupees? =
- 16.Shop A sells a badminton racket for ₹375 with free delivery. Shop B sells it for ₹400 plus ₹40 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
-
17.Price list: sticker sheet ₹8, eraser ₹3, banana ₹4, sharpener ₹7.
How much do 2 sticker sheets cost (in ₹)? - 18.Gurpreet sees that ₹1000 was sent to a wrong number by mistake. What should Gurpreet do first? (a) Tell a parent at once (b) Keep it a secret (c) Pay again to fix it
- 19.A 1 kg bag of sugar costs ₹44. A 10 kg bag costs ₹420. How many rupees per kg do you save with the cheaper bag?
- 20.Arjun keeps ₹500 in a bank. After 4 years the simple interest is ₹80. What is the rate of interest per year (in %)?
- 21.Tara buys a geometry box for ₹85 and pays with a ₹100 note. How much change does Tara get (in ₹)?
- 22.Farhan wants a wristwatch that costs ₹715, has ₹60 already and saves ₹20 every week. In how many weeks will Farhan have enough?
- 23.Nisha has ₹400. In a piggy bank it stays ₹400. In a bank at 3% simple interest per year, how many rupees more will Nisha have after 2 years?
- 24.How many ₹5 coins make a ₹10 coin?
- 25.Zoya has 4 notes of ₹100. Sneha has 9 coins of ₹2. Who has more money? (a) Zoya (b) Sneha
- 26.One eraser costs ₹5. A pack of 3 erasers costs ₹13. How many rupees do you save by buying the pack instead of 3 single ones?
- 27.Of a ₹19000 monthly budget, 50% goes on food and 40% on clothes. The rest is saved. What percent is saved?
- 28.Isha has ₹10. A pencil costs ₹8. Does Isha have enough money to buy it? (a) Yes (b) No
- 29.Diya has 8 notes of ₹10. Kabir has 5 coins of ₹1. Who has less money? (a) Kabir (b) Diya
- 30.A toy train costs ₹520. The shop gives 10% off. What is the sale price (in ₹)?
- 31.Someone online asks Vivaan for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) A friend at school (c) No one
- 32.Dev spends ₹300 of ₹1000 pocket money on books. What percent is that?
- 33.A dozen (12) bananas cost ₹36. What does one cost (in ₹)?
- 34.Kavya has ₹350. First Kavya pays for needs: a geometry box (₹70) and school shoes (₹110). How many rupees are left for wants?
- 35.After 10% off, a study lamp costs ₹360. What was the price before the sale (in ₹)?
- 36.Diya buys a samosa (₹18), a T-shirt (₹245), a badminton racket (₹520) and a pair of socks (₹65). What is the total (in ₹)?
- 37.What do 3 water bottles at ₹200 each and 3 colour pencil sets at ₹90 each cost in all (in ₹)?
- 38.₹300 earns 7% simple interest per year. In how many years will the interest be ₹42?
- 39.A message says Isha has won ₹2000. It asks for the UPI PIN to send the prize. What is true? (a) Enter the PIN quickly (b) Prizes need your PIN (c) No PIN to receive money
- 40.Ishaan buys a pen for ₹23 and a football for ₹405, and pays with a ₹500 note. How much change does Ishaan get (in ₹)?
Answer key
- 5
- 25
- 160
- 90
- The name of the shop
- 3750
- 109
- 70
- 5
- 70
- 10.5
- 110
- 34500
- 66
- 10.5
- Shop A
- 16
- Tell a parent at once
- 2
- 4
- 15
- 33
- 24
- 2
- Zoya
- 2
- 10
- Yes
- Kabir
- 468
- No one
- 30
- 3
- 170
- 400
- 848
- 870
- 2
- No PIN to receive money
- 72
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids