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.A cricket bat costs ₹480. Offer 1: 10% off. Offer 2: ₹10 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 2.How many notes of ₹10 make ₹50?
- 3.Which is the same money as one ₹20 note? (a) four 10-rupee notes (b) two 10-rupee notes (c) three 10-rupee notes
- 4.Tara has ₹45. A notebook costs ₹45. Does Tara have enough money to buy it? (a) No (b) Yes
- 5.One pen costs ₹13. How much do 4 pens cost (in ₹)?
- 6.Priya is making a shopping list. Which of these is a want? (a) milk (b) rice and dal (c) school shoes (d) a video game
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7.Sneha’s passbook:
Opening balance: ₹1400
Credit (money in): ₹50
Debit (money out): ₹?
Closing balance: ₹900
How many rupees was the debit? - 8.How many coins of ₹10 does Kabir need to make ₹100?
- 9.Of a ₹6000 monthly budget, 40% goes on food and 10% on clothes. The rest is saved. How many rupees are saved?
- 10.300 paise is how many rupees? =
- 11.A cricket ball costs ₹125 online. Delivery is ₹60 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 12.Shop A sells 4 pens for ₹52. Shop B sells 3 pens for ₹30. What does one pen cost at the cheaper shop (in ₹)?
- 13.Karan sells 28 cupcakes at ₹5 each. How many rupees does Karan get?
- 14.Meera’s father is sending ₹500 to a friend by UPI. What should he check before he pays? (a) The name and amount (b) Only the phone colour (c) Nothing at all
- 15.₹31 − ₹10 =
- 16.Ananya keeps ₹500 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
- 17.9 plates of idli cost ₹315. What does one plate of idli cost (in ₹)?
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18.Ananya’s passbook:
Opening balance: ₹3700
Credit: ₹450
Debit: ₹250
Credit: ₹450
Debit: ₹500
What is the total of all the credits (in ₹)? - 19.Kavya has 3 coins of ₹1. How many rupees does Kavya have?
- 20.Kabir has 4 notes of ₹50 and 1 note of ₹20. How many rupees does Kabir have?
- 21.Which is worth more: a ₹500 note or a ₹2 coin? (a) 2-rupee coin (b) 500-rupee note
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22.Joseph’s passbook:
Opening balance: ₹4400
Credit (money in): ₹400
Debit (money out): ₹3050
What is the balance now (in ₹)? - 23.Which is worth the most: a ₹20 note, a ₹50 note or a ₹5 coin? (a) 20-rupee note (b) 5-rupee coin (c) 50-rupee note
- 24.Ishaan has 2 coins of ₹5. How many rupees does Ishaan have?
- 25.Rohan has 3 coins of ₹1. Arjun has 2 coins of ₹2. Who has less money? (a) Arjun (b) Rohan
- 26.Aditya keeps ₹1200 in a bank at 10% simple interest per year. How much money will there be after 5 years (in ₹)?
- 27.Dev keeps ₹1500 in a bank. After 5 years the simple interest is ₹675. What is the rate of interest per year (in %)?
- 28.What is the smallest number of coins and notes that make ₹105?
- 29.Ishaan wants to save ₹400 for an art kit in 5 weeks, the same amount each week. How many rupees must Ishaan save each week?
- 30.Lakshmi had ₹59. Lakshmi spent ₹2 on an eraser. How many rupees are left?
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31.Price list: kite ₹18, sharpener ₹7, sticker sheet ₹12, ruler ₹15.
Which item costs the least? (a) sharpener (b) kite (c) ruler (d) sticker sheet - 32.Joseph has ₹500 for a picnic. Food costs ₹70 and tickets cost ₹340. Is ₹500 enough? (a) Yes (b) No
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33.Kavya’s passbook:
Opening balance: ₹4500
Credit (money in): ₹850
Debit (money out): ₹3750
What is the balance now (in ₹)? - 34.₹390 + ₹310 =
- 35.Meera has ₹49. A notebook costs ₹45. Does Meera have enough money to buy it? (a) Yes (b) No
- 36.Count up to find the change from ₹200: ₹46 + ₹? = ₹200
- 37.Saanvi has 2 coins of ₹2 and 3 coins of ₹10. How many rupees does Saanvi have?
- 38.Riya gets ₹75 pocket money every week. How many rupees is that in 8 weeks?
- 39.The bill for 3 geometry boxes and a water bottle is ₹590. A geometry box costs ₹115. What does the water bottle cost (in ₹)?
- 40.What do 2 mangoes at ₹30 each and 4 notebooks at ₹50 each cost in all (in ₹)?
Answer key
- Offer 1
- 5
- two 10-rupee notes
- Yes
- 52
- a video game
- 550
- 10
- 3000
- 3
- 165
- 10
- 140
- The name and amount
- 21
- 560
- 35
- 900
- 3
- 220
- 500-rupee note
- 1750
- 50-rupee note
- 10
- Rohan
- 1800
- 9
- 2
- 80
- 57
- sharpener
- Yes
- 1600
- 700
- Yes
- 154
- 34
- 600
- 245
- 260
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids