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.Diya has a budget of ₹1000 for a birthday party. The decorations cost ₹60, the balloons cost ₹120 and the juice cost ₹200. How many rupees are left?
- 2.A samosa costs ₹10. Ishaan pays ₹50. How much change does Ishaan get (in ₹)?
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3.Price list: toffee ₹3, eraser ₹5, balloon ₹9, sticker sheet ₹10.
Rahul has ₹10 and buys an eraser. How many rupees are left? - 4.For Kabir, is “rice and dal” a need or a want? (a) Need (b) Want
- 5.A dozen (12) bananas cost ₹36. What does one cost (in ₹)?
- 6.Which is worth the most: a ₹1 coin, a ₹2 coin or a ₹20 note? (a) 20-rupee note (b) 2-rupee coin (c) 1-rupee coin
- 7.Which is worth the most: a ₹50 note, a ₹20 note or a ₹10 note? (a) 10-rupee note (b) 20-rupee note (c) 50-rupee note
- 8.Aarav has a budget of ₹1000 for a birthday party. The snacks cost ₹60, the cake cost ₹60 and the balloons cost ₹210. How many rupees are left?
- 9.Aarav spends ₹210 on things to make 21 clay diyas and sells them all at ₹15 each. How many rupees does Aarav earn after paying the costs?
- 10.How many notes of ₹50 make ₹300?
- 11.Count up to find the change from ₹20: ₹10 + ₹? = ₹20
- 12.Zoya has 2 coins of ₹1. How many rupees does Zoya have?
- 13.A 2 kg bag of tomatoes costs ₹48. A 5 kg bag costs ₹260. How many rupees per kg do you save with the cheaper bag?
- 14.Aarav’s mother has ₹1700 in her bank account. She pays ₹100 for a gas cylinder and ₹270 for fruit by UPI. How many rupees are left in the account?
- 15.Which coins and notes make exactly ₹23? (a) 10 + 2 + 1 (b) 20 + 2 + 1 (c) 20 + 1 + 1
- 16.How many notes of ₹200 make ₹400?
- 17.A family plans ₹10000 for the month. 40% of it is for rent. How many rupees is that?
- 18.Vivaan gets ₹1050 interest from the bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 19.₹19 + ₹22 + ₹16 =
- 20.A 1 kg bag of rice costs ₹64. A 10 kg bag costs ₹630. Which bag is cheaper per kg? (a) 1 kg bag (b) 10 kg bag
- 21.Rahul gets ₹9 every day. How many rupees is that in one week (7 days)?
- 22.Meera has 2 notes of ₹50. Riya has 2 coins of ₹5. How many more rupees does Meera have?
- 23.A colouring book costs ₹36. Aditya has ₹5 and ₹10. How many more rupees does Aditya need?
- 24.A ruler costs ₹10 and a sharpener costs ₹5. How many rupees more does the ruler cost?
- 25.Meera buys a glue stick for ₹25 and a toffee for ₹1. How many rupees does Meera spend in all?
- 26.One samosa costs ₹11. A pack of 3 samosas costs ₹31. How many rupees do you save by buying the pack instead of 3 single ones?
- 27.Joseph gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Joseph do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
- 28.Arjun has ₹800. First Arjun pays for needs: a school uniform (₹190) and a raincoat (₹100). How many rupees are left for wants?
- 29.A badminton racket costs ₹350 online. Delivery is ₹30 and a coupon takes ₹50 off. What is the final price (in ₹)?
- 30.What is the smallest number of coins and notes that make ₹42?
- 31.A samosa costs ₹18. Priya pays ₹20. How much change does Priya get (in ₹)?
- 32.Dev’s class stall spends ₹550 to make 36 plates of bhel and sells all of them at ₹30 each. What is the profit (in ₹)?
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33.Zoya’s passbook:
Opening balance: ₹5000
Credit (money in): ₹550
Debit (money out): ₹?
Closing balance: ₹3350
How many rupees was the debit? - 34.6 pens cost ₹126. How much do 3 pens cost (in ₹)?
- 35.Aarav has 2 notes of ₹50 and 5 notes of ₹10. How many rupees does Aarav have?
- 36.₹1600 earns 6% simple interest per year. In how many years will the interest be ₹288?
- 37.Karan buys 3 sharpeners at ₹5 each and pays ₹50. How much change does Karan get (in ₹)?
- 38.Which is the same money as one ₹200 note? (a) three 50-rupee notes (b) four 50-rupee notes (c) two 50-rupee notes
- 39.Isha saves ₹20 every week for 8 weeks, then buys an art kit for ₹110. How many rupees are left?
- 40.A message says Ananya has won ₹25000. It asks for the UPI PIN to send the prize. What is true? (a) Enter the PIN quickly (b) No PIN to receive money (c) Prizes need your PIN
Answer key
- 620
- 40
- 5
- Need
- 3
- 20-rupee note
- 50-rupee note
- 670
- 105
- 6
- 10
- 2
- 28
- 1330
- 20 + 2 + 1
- 2
- 4000
- Credit
- 57
- 10 kg bag
- 63
- 90
- 21
- 5
- 26
- 2
- Never share the OTP
- 510
- 330
- 3
- 2
- 530
- 2200
- 63
- 150
- 3
- 35
- four 50-rupee notes
- 50
- No PIN to receive money
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids