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.Arjun keeps ₹700 in a bank at 9% simple interest per year. How much money will there be after 5 years (in ₹)?
- 2.Shop A sells a school bag for ₹535 with free delivery. Shop B sells it for ₹510 plus ₹70 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 3.Tara gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Tara do? (a) Never share the OTP (b) Read the OTP out (c) Send it by message
- 4.Saanvi’s class stall spends ₹180 to make 14 cups of lemonade and sells all of them at ₹10 each. What is the loss (in ₹)?
- 5.Nisha sells 43 plates of bhel at ₹15 each. How many rupees does Nisha get?
- 6.Gurpreet has 9 coins of ₹10. How many rupees does Gurpreet have?
- 7.Karan is making a shopping list. Which of these is a need? (a) a third cricket bat (b) a sticker album (c) a bigger TV (d) a school uniform
- 8.Which is the same money as one ₹20 note? (a) six 10-rupee notes (b) four 10-rupee notes (c) two 10-rupee notes
- 9.The bill for a football and a school bag is ₹855. A football costs ₹365. What does the school bag cost (in ₹)?
- 10.Tara wants to save ₹450 for a gift for Mum in 9 weeks, the same amount each week. How many rupees must Tara save each week?
- 11.Manav’s class stall spends ₹210 to make 30 greeting cards and sells all of them at ₹5 each. What is the loss (in ₹)?
- 12.Zoya keeps ₹2000 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
- 13.How many ₹10 coins make a ₹50 note?
- 14.What do 3 geometry boxes at ₹85 each and 2 water bottles at ₹245 each cost in all (in ₹)?
- 15.Aarav saves ₹20 every week for 10 weeks, then buys an art kit for ₹40. How many rupees are left?
- 16.Lakshmi has 9 notes of ₹20. How many rupees does Lakshmi have?
- 17.₹52 + ₹36 =
- 18.For Ishaan, is “a sticker album” a need or a want? (a) Want (b) Need
- 19.Count up to find the change from ₹500: ₹174 + ₹? = ₹500
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20.Price list: glue stick ₹23, ice candy ₹8, pencil ₹6, juice box ₹25.
How many rupees more does an ice candy cost than a pencil? - 21.Of a ₹41000 monthly budget, 5% goes on clothes and 20% on rent. The rest is saved. What percent is saved?
- 22.How many storybooks can you buy with ₹930 if one costs ₹155?
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23.Ananya’s shop bill:
2 geometry boxes at ₹140 each
3 mangoes at ₹40 each
2 storybooks at ₹110 each
What is the total bill (in ₹)? - 24.Riya has a budget of ₹2000 for a birthday party. The snacks cost ₹490, the decorations cost ₹170 and the juice cost ₹370. How many rupees are left?
- 25.Rahul has ₹21. A notebook costs ₹25. Does Rahul have enough money to buy it? (a) Yes (b) No
- 26.Shop A sells 3 samosas for ₹54. Shop B sells 4 samosas for ₹68. What does one samosa cost at the cheaper shop (in ₹)?
- 27.Shop A sells 5 mangoes for ₹100. Shop B sells 6 mangoes for ₹240. What does one mango cost at the cheaper shop (in ₹)?
- 28.Of a ₹45000 monthly budget, 40% goes on clothes and 20% on school fees. The rest is saved. What percent is saved?
- 29.Lakshmi buys a storybook for ₹150 and a lunch box for ₹245, and pays with a ₹500 note. How much change does Lakshmi get (in ₹)?
- 30.Shop A sells a cricket ball for ₹100 with free delivery. Shop B sells it for ₹130 plus ₹40 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 31.₹10 + ₹32 =
- 32.Which is worth the most: a ₹500 note, a ₹2 coin or a ₹10 note? (a) 2-rupee coin (b) 10-rupee note (c) 500-rupee note
- 33.₹12.50 + ₹12.50 =
- 34.Isha’s mother has ₹1300 in her bank account. She pays ₹50 for milk and ₹210 for vegetables by UPI. How many rupees are left in the account?
- 35.Rahul buys a pair of socks for ₹60 and a notebook for ₹40, and pays with a ₹500 note. How much change does Rahul get (in ₹)?
- 36.10 children go on a school trip to the fort. The bus costs ₹50 for each child and the ticket costs ₹15 for each child. What is the total cost (in ₹)?
- 37.How many coins of ₹10 does Sneha need to make ₹90?
- 38.Nisha spends ₹225 of ₹900 pocket money on books. What percent is that?
- 39.₹49 + ₹15 =
- 40.Which is the same money as one ₹20 note? (a) five 5-rupee coins (b) six 5-rupee coins (c) four 5-rupee coins
Answer key
- 1015
- Shop A
- Never share the OTP
- 40
- 645
- 90
- a school uniform
- two 10-rupee notes
- 490
- 50
- 60
- 2320
- 5
- 745
- 160
- 180
- 88
- Want
- 326
- 2
- 75
- 6
- 620
- 970
- No
- 17
- 20
- 40
- 105
- Shop A
- 42
- 500-rupee note
- 25
- 1040
- 400
- 650
- 9
- 25
- 64
- four 5-rupee coins
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids