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 message says Ishaan has won ₹50000. It asks for the UPI PIN to send the prize. What is true? (a) No PIN to receive money (b) Enter the PIN quickly (c) Prizes need your PIN
- 2.Someone online asks Saanvi for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) No one (c) A friend at school
- 3.Which is the biggest amount: ₹21, ₹49 or ₹74? (a) 21 rupees (b) 49 rupees (c) 74 rupees
- 4.Sneha gets a link: “Click now to win a phone worth ₹50000!” What should Sneha do? (a) Click it to win (b) Ignore it, tell a parent (c) Send it to friends
- 5.A family plans ₹47000 for the month. 10% of it is for rent. How many rupees is that?
- 6.What do 3 pairs of socks at ₹80 each and 2 mangoes at ₹20 each cost in all (in ₹)?
- 7.A yo-yo costs ₹62. Kabir has ₹20 and ₹10. How many more rupees does Kabir need?
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8.Arjun’s passbook:
Opening balance: ₹3300
Debit: ₹250
Debit: ₹350
Credit: ₹200
Debit: ₹50
What is the closing balance (in ₹)? - 9.What do 4 colour pencil sets at ₹100 each and 4 storybooks at ₹175 each cost in all (in ₹)?
- 10.₹370 + ₹140 =
- 11.₹55 + ₹36 =
- 12.Priya buys 4 sticker sheets at ₹8 each and pays ₹50. How much change does Priya get (in ₹)?
- 13.Shop A sells a badminton racket for ₹525 with free delivery. Shop B sells it for ₹485 plus ₹50 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 14.Count up to find the change from ₹500: ₹375 + ₹? = ₹500
- 15.Karan buys a school bag (₹505), a lunch box (₹235), a badminton racket (₹385) and a plate of idli (₹40). What is the total (in ₹)?
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16.Price list: glue stick ₹16, notebook ₹30, ruler ₹12, eraser ₹4.
How much do a notebook and an eraser cost together (in ₹)? - 17.Meera sees that ₹25000 was sent to a wrong number by mistake. What should Meera do first? (a) Tell a parent at once (b) Keep it a secret (c) Pay again to fix it
- 18.Ishaan’s piggy bank has 5 coins of ₹20, 2 coins of ₹2 and 2 coins of ₹1. How many rupees are in it?
- 19.Gurpreet gets ₹9 every day. How many rupees is that in one week (7 days)?
- 20.A 2 kg bag of wheat flour costs ₹64. A 1 kg bag costs ₹42. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
- 21.Ananya has ₹1800. In a piggy bank it stays ₹1800. In a bank at 4% simple interest per year, how many rupees more will Ananya have after 4 years?
- 22.A family plans ₹27000 for the month. 20% of it is for school fees. How many rupees is that?
- 23.Tara had ₹82. Tara spent ₹40 on a crayon box. How many rupees are left?
- 24.A pen costs ₹7.50. Zoya pays ₹10. How much change does Zoya get, in rupees? =
- 25.A notebook costs ₹37. Pooja pays ₹50. How much change does Pooja get (in ₹)?
- 26.Ananya has 9 coins of ₹2. Aditya has 7 coins of ₹5. How many more rupees does Aditya have?
- 27.Aditya buys a pen for ₹17 and pays with a ₹100 note. How much change does Aditya get (in ₹)?
- 28.Ananya makes 6 clay diyas an hour and sells each one for ₹20. How many rupees can Ananya earn from 4 hours of work?
- 29.1850 paise is how many rupees? =
- 30.Priya buys a geometry box (₹80), a colour pencil set (₹90), a water bottle (₹120) and a badminton racket (₹575). What is the total (in ₹)?
- 31.₹26 + ₹12 + ₹24 =
- 32.Saanvi’s class stall spends ₹150 to make 12 cupcakes and sells all of them at ₹10 each. What is the loss (in ₹)?
- 33.Aditya saves ₹40 every week for 7 weeks, then buys a wristwatch for ₹20. How many rupees are left?
- 34.A samosa costs ₹16 and a crayon box costs ₹35. How many rupees more does the crayon box cost?
- 35.Saanvi makes 3 paper bookmarks an hour and sells each one for ₹30. How many rupees can Saanvi earn from 1 hour of work?
- 36.Rahul’s class stall spends ₹620 to make 26 paper bookmarks and sells all of them at ₹30 each. What is the profit (in ₹)?
- 37.Farhan gets ₹95 pocket money every week. How many rupees is that in 11 weeks?
- 38.A 5 kg bag of tomatoes costs ₹105. A 10 kg bag costs ₹450. Which bag is cheaper per kg? (a) 5 kg bag (b) 10 kg bag
- 39.A banana costs ₹7 and an ice candy costs ₹14. How many rupees more does the ice candy cost?
- 40.₹50 + ₹5 + ₹? = ₹155
Answer key
- No PIN to receive money
- No one
- 74 rupees
- Ignore it, tell a parent
- 4700
- 280
- 32
- 2850
- 1100
- 510
- 91
- 18
- Shop A
- 125
- 1165
- 34
- Tell a parent at once
- 106
- 63
- 2 kg bag
- 288
- 5400
- 42
- 2.5
- 13
- 17
- 83
- 480
- 18.5
- 865
- 62
- 30
- 260
- 19
- 90
- 160
- 1045
- 5 kg bag
- 7
- 100
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids