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.Which is the same money as one ₹200 note? (a) four 50-rupee notes (b) three 50-rupee notes (c) six 50-rupee notes
- 2.A message says Ananya has won ₹5000. It asks for the UPI PIN to send the prize. What is true? (a) No PIN to receive money (b) Prizes need your PIN (c) Enter the PIN quickly
- 3.Isha buys 6 pens at ₹23 each and pays with a ₹500 note. How much change does Isha get (in ₹)?
- 4.A dozen (12) pencils cost ₹48. What does one cost (in ₹)?
- 5.How many coins of ₹2 does Lakshmi need to make ₹14?
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6.Rohan’s passbook:
Opening balance: ₹2400
Debit: ₹100
Credit: ₹350
Debit: ₹350
Credit: ₹450
What is the total of all the credits (in ₹)? - 7.5 children go on a school trip to the museum. The bus costs ₹60 for each child and the ticket costs ₹25 for each child. What is the total cost (in ₹)?
- 8.Saanvi gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Saanvi do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
- 9.There are 19 children in a class. Each child needs one mango at ₹25. What is the total cost (in ₹)?
- 10.One paper clip costs ₹3.50. How many rupees do 7 paper clips cost? =
- 11.Kabir buys 3 pencils at ₹7 each and pays ₹50. How much change does Kabir get (in ₹)?
- 12.Kabir has 8 notes of ₹20. How many rupees does Kabir have?
- 13.How many coins of ₹5 does Tara need to make ₹45?
- 14.For Riya, is “a raincoat” a need or a want? (a) Want (b) Need
- 15.₹370 − ₹210 =
- 16.Meera gets ₹6 every day. How many rupees is that in one week (7 days)?
- 17.Rohan wants to save ₹300 for a football in 5 weeks, the same amount each week. How many rupees must Rohan save each week?
- 18.₹100 + ₹1 + ₹? = ₹111
- 19.Priya buys a samosa for ₹17 and a glue stick for ₹20, and pays ₹50. How much change does Priya get (in ₹)?
- 20.Lakshmi has ₹11. A pencil costs ₹6. Does Lakshmi have enough money to buy it? (a) No (b) Yes
- 21.₹170 + ₹350 =
- 22.2 pens cost ₹40. How much do 3 pens cost (in ₹)?
- 23.Arjun has ₹57 in a piggy bank. Chacha gives Arjun ₹7 more. How many rupees does Arjun have now?
- 24.Which is worth the least: a ₹2 coin, a ₹50 note or a ₹5 coin? (a) 50-rupee note (b) 2-rupee coin (c) 5-rupee coin
- 25.3 storybooks cost ₹510. What does one storybook cost (in ₹)?
- 26.Tara has ₹1100. In a piggy bank it stays ₹1100. In a bank at 3% simple interest per year, how many rupees more will Tara have after 3 years?
- 27.Aditya got ₹160 in 8 weeks, the same amount every week. How many rupees is that each week?
- 28.Nisha has ₹18. A kite costs ₹14. Does Nisha have enough money to buy it? (a) No (b) Yes
- 29.Joseph has 4 notes of ₹100, 2 notes of ₹10 and 2 coins of ₹2. How many rupees does Joseph have?
- 30.₹68 − ₹15 =
- 31.Zoya wants a gift for Mum that costs ₹480. Zoya saves ₹60 every week. How many weeks will it take?
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32.Riya’s passbook:
Opening balance: ₹4100
Credit: ₹500
Credit: ₹400
Debit: ₹250
Credit: ₹150
What is the total of all the credits (in ₹)? - 33.Which is the same money as one ₹50 note? (a) two 10-rupee notes (b) five 10-rupee notes (c) six 10-rupee notes
- 34.₹95 − ₹20 =
- 35.Manav has 2 coins of ₹1. Riya has 4 notes of ₹20. Who has less money? (a) Riya (b) Manav
- 36.Saanvi’s class stall spends ₹820 to make 39 greeting cards and sells all of them at ₹20 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 37.₹100 + ₹5 + ₹? = ₹107
- 38.How many coins of ₹10 does Ananya need to make ₹100?
- 39.Tara gets ₹21 every day. How many rupees is that in one week (7 days)?
- 40.What do 2 pens at ₹22 each and 5 footballs at ₹280 each cost in all (in ₹)?
Answer key
- four 50-rupee notes
- No PIN to receive money
- 362
- 4
- 7
- 800
- 425
- Never share the OTP
- 475
- 24.5
- 29
- 160
- 9
- Need
- 160
- 42
- 60
- 10
- 13
- Yes
- 520
- 60
- 64
- 2-rupee coin
- 170
- 99
- 20
- Yes
- 424
- 53
- 8
- 1050
- five 10-rupee notes
- 75
- Manav
- Loss
- 2
- 10
- 147
- 1444
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids