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.A pair of shoes costs ₹500. The shop gives 20% off. How many rupees is the discount?
- 2.Kabir wants a board game that costs ₹505, has ₹70 already and saves ₹100 every week. In how many weeks will Kabir have enough?
- 3.Isha has 5 notes of ₹10. How many rupees does Isha have?
- 4.How many notes of ₹200 make ₹1000?
- 5.9 notebooks cost ₹450. What does one notebook cost (in ₹)?
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6.Diya’s shop bill:
1 plate of idli at ₹60
3 lunch boxes at ₹185 each
1 pen at ₹12
What is the total bill (in ₹)? - 7.Zoya wants to save ₹3150 for a bicycle in 7 weeks, the same amount each week. How many rupees must Zoya save each week?
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8.Zoya’s passbook:
Opening balance: ₹4600
Credit: ₹150
Debit: ₹400
Credit: ₹200
Debit: ₹50
What is the closing balance (in ₹)? -
9.Vivaan’s passbook:
Opening balance: ₹3400
Debit: ₹50
Debit: ₹100
Credit: ₹100
Credit: ₹200
What is the total of all the credits (in ₹)? - 10.Riya buys a notebook for ₹45 and pays with a ₹100 note. How much change does Riya get (in ₹)?
- 11.Nisha is making a shopping list. Which of these is a need? (a) a remote-control car (b) a toy robot (c) a raincoat (d) a third cricket bat
- 12.Rahul gets ₹300 pocket money every month. How many rupees is that in one year (12 months)?
- 13.Kabir has ₹40. A notebook costs ₹35. Does Kabir have enough money to buy it? (a) Yes (b) No
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14.Price list: kite ₹11, sharpener ₹9, notebook ₹45, pencil ₹4.
How many rupees more does a kite cost than a pencil? - 15.3 samosas cost ₹48. What does one samosa cost (in ₹)?
- 16.Tara’s class stall spends ₹100 to make 29 paper bookmarks and sells all of them at ₹5 each. What is the profit (in ₹)?
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17.Saanvi’s passbook:
Opening balance: ₹4200
Credit (money in): ₹200
Debit (money out): ₹?
Closing balance: ₹3400
How many rupees was the debit? - 18.Gurpreet has one ₹500 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 19.Gurpreet’s class stall spends ₹980 to make 35 cups of lemonade and sells all of them at ₹30 each. What is the profit (in ₹)?
- 20.How many coins of ₹2 does Aditya need to make ₹16?
- 21.Which is the smallest amount: ₹52, ₹72 or ₹41? (a) 52 rupees (b) 72 rupees (c) 41 rupees
- 22.Kabir buys 4 pens at ₹25 each and pays with a ₹200 note. How much change does Kabir get (in ₹)?
- 23.Kavya has 1 note of ₹100, 4 notes of ₹20 and 3 coins of ₹1. How many rupees does Kavya have?
- 24.Lakshmi gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Lakshmi do? (a) Send it by message (b) Never share the OTP (c) Read the OTP out
- 25.Count up to find the change from ₹10: ₹2 + ₹? = ₹10
- 26.An eraser costs ₹2 and a kite costs ₹23. How many rupees more does the kite cost?
- 27.₹640 − ₹200 =
- 28.How many notes of ₹100 make ₹400?
- 29.Diya has 7 coins of ₹5. Aditya has 6 notes of ₹100. How many more rupees does Aditya have?
- 30.Which is the same money as one ₹100 note? (a) two 50-rupee notes (b) three 50-rupee notes (c) five 50-rupee notes
- 31.₹4 + ₹5.50 =
- 32.Someone online asks Dev for the family UPI PIN. Who should ever be told a PIN or OTP? (a) No one (b) A friend at school (c) A caller from the bank
- 33.Shop A sells a water bottle for ₹120 with free delivery. Shop B sells it for ₹135 plus ₹70 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
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34.Price list: pencil ₹5, ruler ₹9, glue stick ₹15, crayon box ₹40.
How much do 4 pencils cost (in ₹)? - 35.₹1100 earns 9% simple interest per year. In how many years will the interest be ₹495?
- 36.Vivaan gets ₹25 pocket money every week. How many rupees is that in 4 weeks?
- 37.A water gun costs ₹85. Aarav has ₹5 and ₹2. How many more rupees does Aarav need?
- 38.Which is worth more: a ₹2 coin or a ₹100 note? (a) 2-rupee coin (b) 100-rupee note
- 39.A raincoat costs ₹960. Offer 1: 20% off. Offer 2: ₹110 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 40.Nisha has ₹300 for a picnic. Food costs ₹70 and tickets cost ₹220. Is ₹300 enough? (a) Yes (b) No
Answer key
- 100
- 5
- 50
- 5
- 50
- 627
- 450
- 4500
- 300
- 55
- a raincoat
- 3600
- Yes
- 7
- 16
- 45
- 1000
- Note
- 70
- 8
- 41 rupees
- 100
- 183
- Never share the OTP
- 8
- 21
- 440
- 4
- 565
- two 50-rupee notes
- 9.5
- No one
- Shop A
- 20
- 5
- 100
- 78
- 100-rupee note
- Offer 1
- Yes
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids