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 worth more: a ₹2 coin or a ₹20 coin? (a) 20-rupee coin (b) 2-rupee coin
- 2.Shop A sells a T-shirt for ₹295 with free delivery. Shop B sells it for ₹390 plus ₹20 delivery. How many rupees do you save by buying from the cheaper shop?
- 3.Shop A sells 5 pens for ₹60. Shop B sells 3 pens for ₹39. Which shop is cheaper for one pen? (a) Shop A (b) Shop B
- 4.Diya has ₹56 in a piggy bank. Dada gives Diya ₹11 more. How many rupees does Diya have now?
- 5.Sneha wants a storybook set that costs ₹360, has ₹20 already and saves ₹20 every week. In how many weeks will Sneha have enough?
- 6.Diya gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Diya do? (a) Send it by message (b) Never share the OTP (c) Read the OTP out
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7.Lakshmi’s passbook:
Opening balance: ₹2800
Credit (money in): ₹800
Debit (money out): ₹3350
What is the balance now (in ₹)? - 8.A 2 kg bag of sugar costs ₹98. A 1 kg bag costs ₹40. Which bag is cheaper per kg? (a) 2 kg bag (b) 1 kg bag
- 9.Saanvi has 7 coins of ₹2. Manav has 4 notes of ₹100. How many more rupees does Manav have?
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10.Farhan’s passbook:
Opening balance: ₹4400
Credit (money in): ₹400
Debit (money out): ₹?
Closing balance: ₹100
How many rupees was the debit? - 11.A 1 kg bag of wheat flour costs ₹46. A 2 kg bag costs ₹86. Which bag is cheaper per kg? (a) 2 kg bag (b) 1 kg bag
- 12.How many coins of ₹20 does Aditya need to make ₹180?
- 13.A board game costs ₹240. The shop gives 10% off. How many rupees is the discount?
- 14.A sharpener costs ₹5. Sneha pays ₹10. How much change does Sneha get (in ₹)?
- 15.A family plans ₹8000 for the month. 30% of it is for electricity. How many rupees is that?
- 16.Kabir has 9 coins of ₹5. Joseph has 8 coins of ₹2. How many more rupees does Kabir have?
- 17.Diya has ₹300. First Diya pays for needs: a lunch box (₹100) and notebooks (₹50). How many rupees are left for wants?
- 18.Aditya got ₹75 in 5 weeks, the same amount every week. How many rupees is that each week?
- 19.₹1.50 + ₹4 =
- 20.How many paise are there in ₹16?
- 21.Rohan is making a shopping list. Which of these is a want? (a) a sticker album (b) rice and dal (c) milk (d) school shoes
- 22.Someone online asks Meera for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A friend at school (b) A caller from the bank (c) No one
- 23.How many notes of ₹200 make ₹600?
- 24.₹? + ₹50 + ₹5 = ₹65
- 25.6 school bags cost ₹4680. What does one school bag cost (in ₹)?
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26.Isha’s shop bill:
4 plates of idli at ₹30 each
2 colour pencil sets at ₹105 each
4 notebooks at ₹30 each
What is the total bill (in ₹)? - 27.Isha’s mother scans a shop’s QR code to pay ₹25000. What should she check before she pays? (a) The name of the shop (b) Nothing, just pay (c) The colour of the code
- 28.Lakshmi keeps ₹1200 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 5 years?
- 29.Rahul buys 3 notebooks at ₹35 each and pays with a ₹500 note. How much change does Rahul get (in ₹)?
- 30.Count up to find the change from ₹50: ₹19 + ₹? = ₹50
- 31.Nisha had ₹34. Nisha spent ₹11 on a kite. How many rupees are left?
- 32.Meera buys 3 rulers at ₹11 each and pays ₹50. How much change does Meera get (in ₹)?
- 33.Nisha had ₹39. Nisha spent ₹3 on a toffee. How many rupees are left?
- 34.Priya’s mother has ₹1200 in her bank account. She pays ₹80 for a gas cylinder and ₹260 for bread by UPI. How many rupees are left in the account?
- 35.9 plates of idli cost ₹270. How much do 2 plates of idli cost (in ₹)?
- 36.Ishaan’s mother has ₹2600 in her bank account. She pays ₹330 for school books and ₹170 for medicines by UPI. How many rupees are left in the account?
- 37.1900 paise is how many rupees? =
- 38.5 friends run a stall selling cupcakes and make a profit of ₹1650. They share it equally. How many rupees does each friend get?
- 39.₹19 + ₹39 + ₹5 =
- 40.Zoya spends ₹200 to start a stall and sells each cupcake for ₹30. What is the smallest number Zoya must sell to get back the ₹200?
Answer key
- 20-rupee coin
- 115
- Shop A
- 67
- 17
- Never share the OTP
- 250
- 1 kg bag
- 386
- 4700
- 2 kg bag
- 9
- 24
- 5
- 2400
- 29
- 150
- 15
- 5.5
- 1600
- a sticker album
- No one
- 3
- 10
- 780
- 450
- The name of the shop
- 300
- 395
- 31
- 23
- 17
- 36
- 860
- 60
- 2100
- 19
- 330
- 63
- 7
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids