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.Karan gets a link: “Click now to win a phone worth ₹1000!” What should Karan do? (a) Click it to win (b) Send it to friends (c) Ignore it, tell a parent
- 2.Shop A sells 2 pens for ₹20. Shop B sells 5 pens for ₹60. Which shop is cheaper for one pen? (a) Shop B (b) Shop A
- 3.A T-shirt costs ₹340 online. Delivery is ₹80 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 4.How many mangoes can you buy with ₹80 if one costs ₹40?
- 5.Which is worth more: a ₹20 note or a ₹10 coin? (a) 10-rupee coin (b) 20-rupee note
- 6.A family plans ₹8000 for the month. 40% of it is for food. How many rupees is that?
- 7.A family plans ₹37000 for the month. 10% of it is for electricity. How many rupees is that?
- 8.Count up to find the change from ₹10: ₹4 + ₹? = ₹10
- 9.₹3.50 + ₹1.50 =
- 10.Gurpreet buys a notebook for ₹25 and an eraser for ₹3, and pays ₹50. How much change does Gurpreet get (in ₹)?
- 11.Shop A sells a badminton racket for ₹320 with free delivery. Shop B sells it for ₹560 plus ₹60 delivery. How many rupees do you save by buying from the cheaper shop?
- 12.A paint box costs ₹93. Zoya has ₹20 and ₹10. How many more rupees does Zoya need?
-
13.Dev’s shop bill:
3 mangoes at ₹25 each
4 geometry boxes at ₹95 each
1 badminton racket at ₹525
What is the total bill (in ₹)? - 14.Of a ₹44000 monthly budget, 10% goes on food and 50% on electricity. The rest is saved. What percent is saved?
- 15.Dev has 4 notes of ₹20. Rahul has 3 notes of ₹10. How many more rupees does Dev have?
-
16.Manav’s passbook:
Opening balance: ₹3600
Debit: ₹400
Debit: ₹50
Debit: ₹350
Credit: ₹450
What is the closing balance (in ₹)? - 17.Which is worth more: a ₹10 coin or a ₹5 coin? (a) 5-rupee coin (b) 10-rupee coin
- 18.A school bag costs ₹300. The shop gives 25% off. How many rupees is the discount?
- 19.₹51 + ₹20 =
- 20.4 friends run a stall selling paper bookmarks and make a profit of ₹800. They share it equally. How many rupees does each friend get?
- 21.Of a ₹15000 monthly budget, 20% goes on food and 25% on school fees. The rest is saved. What percent is saved?
- 22.6 samosas cost ₹120. What does one samosa cost (in ₹)?
- 23.Kavya gets ₹100 pocket money every month. How many rupees is that in one year (12 months)?
-
24.Ananya’s passbook:
Opening balance: ₹3900
Debit: ₹350
Debit: ₹400
Credit: ₹250
Debit: ₹450
What is the total of all the debits (in ₹)? - 25.A cricket bat costs ₹800. Offer 1: 25% off. Offer 2: ₹320 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 26.₹230 + ₹330 =
- 27.Shop A sells a cricket ball for ₹110 with free delivery. Shop B sells it for ₹125 plus ₹20 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 28.An eraser costs ₹2. Kabir pays ₹20. How much change does Kabir get (in ₹)?
- 29.Joseph has ₹1000. First Joseph pays for needs: school shoes (₹120) and a school uniform (₹290). How many rupees are left for wants?
-
30.Price list: notebook ₹35, toffee ₹1, balloon ₹10, kite ₹11.
How much do a balloon and a toffee cost together (in ₹)? - 31.Riya had ₹62. Riya spent ₹14 on a biscuit packet. How many rupees are left?
- 32.One tiny sticker costs ₹1.50. How many rupees do 6 tiny stickers cost? =
- 33.Lakshmi has ₹950. First Lakshmi pays for needs: a school uniform (₹300) and socks (₹190). How many rupees are left for wants?
- 34.A stranger asks Manav to scan a QR code to “get” ₹1000. What is true? (a) Scanning a QR pays money (b) QR codes are always safe (c) It gives you money
- 35.One plate of idli costs ₹60. How much do 5 plates of idli cost (in ₹)?
- 36.Diya buys a plate of idli for ₹60 and pays with a ₹100 note. How much change does Diya get (in ₹)?
- 37.A 2 kg bag of tomatoes costs ₹48. A 1 kg bag costs ₹35. Which bag is cheaper per kg? (a) 1 kg bag (b) 2 kg bag
- 38.Aarav has 4 notes of ₹100. How many rupees does Aarav have?
- 39.What do 5 notebooks at ₹35 each and 2 samosas at ₹13 each cost in all (in ₹)?
- 40.A school bag costs ₹840. The shop gives 20% off. How many rupees is the discount?
Answer key
- Ignore it, tell a parent
- Shop A
- 400
- 2
- 20-rupee note
- 3200
- 3700
- 6
- 5
- 22
- 300
- 63
- 980
- 40
- 50
- 3250
- 10-rupee coin
- 75
- 71
- 200
- 55
- 20
- 1200
- 1200
- Offer 2
- 560
- Shop A
- 18
- 590
- 11
- 48
- 9
- 460
- Scanning a QR pays money
- 300
- 40
- 2 kg bag
- 400
- 201
- 168
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids