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.For Isha, is “school shoes” a need or a want? (a) Need (b) Want
- 2.How many paise are there in ₹2.50?
- 3.Kabir’s mother has ₹1600 in her bank account. She pays ₹130 for medicines and ₹120 for fruit by UPI. How many rupees are left in the account?
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4.Meera’s passbook:
Opening balance: ₹1300
Credit (money in): ₹200
Debit (money out): ₹?
Closing balance: ₹150
How many rupees was the debit? - 5.What do 3 samosas at ₹15 each and 2 mangoes at ₹35 each cost in all (in ₹)?
- 6.A stranger asks Zoya to scan a QR code to “get” ₹25000. What is true? (a) QR codes are always safe (b) Scanning a QR pays money (c) It gives you money
- 7.A raincoat costs ₹640. The shop gives 25% off. What is the sale price (in ₹)?
- 8.Ananya’s piggy bank has 4 coins of ₹5, 2 coins of ₹2 and 5 coins of ₹1. How many rupees are in it?
- 9.Saanvi keeps ₹500 in a bank. After 2 years the simple interest is ₹90. What is the rate of interest per year (in %)?
- 10.A day trip costs ₹1440 in all. 3 friends share the cost equally. How much does each friend pay (in ₹)?
- 11.Nisha has one ₹50 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 12.Arjun gets ₹30 a week, spends ₹5 each week and saves the rest. How many rupees has Arjun saved after 5 weeks?
- 13.Gurpreet had ₹16. Gurpreet spent ₹7 on a sharpener. How many rupees are left?
- 14.Pooja buys 4 pens at ₹13 each and pays with a ₹100 note. How much change does Pooja get (in ₹)?
- 15.Lakshmi buys a crayon box for ₹50 and a sharpener for ₹8. How many rupees does Lakshmi spend in all?
- 16.Saanvi has 7 coins of ₹10. How many rupees does Saanvi have?
- 17.Kavya’s piggy bank has 4 coins of ₹5, 5 coins of ₹2 and 4 coins of ₹1. How many rupees are in it?
- 18.Aditya buys 3 rulers at ₹8 each and pays ₹50. How much change does Aditya get (in ₹)?
- 19.Dev has one ₹2 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 20.Ananya got ₹140 in 4 weeks, the same amount every week. How many rupees is that each week?
- 21.Shop A sells a football for ₹325 with free delivery. Shop B sells it for ₹390 plus ₹50 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 22.Shop A sells a football for ₹410 with free delivery. Shop B sells it for ₹340 plus ₹30 delivery. How many rupees do you save by buying from the cheaper shop?
- 23.How many notes of ₹100 make ₹800?
- 24.Gurpreet has 1 note of ₹50, 2 notes of ₹10 and 5 coins of ₹5. How many rupees does Gurpreet have?
- 25.How many plates of idli can you buy with ₹440 if one costs ₹40?
- 26.₹66 + ₹29 =
- 27.₹5 + ₹2 + ₹? = ₹8
- 28.Lakshmi has ₹820 for return gifts. Each gift costs ₹50. What is the greatest number of gifts Lakshmi can buy?
- 29.₹24 − ₹15 =
- 30.Vivaan has 8 coins of ₹1. Kavya has 8 notes of ₹100. How many more rupees does Kavya have?
- 31.Isha spends ₹50 on things to make 17 plates of bhel and sells them all at ₹5 each. How many rupees does Isha earn after paying the costs?
- 32.Meera’s mother has ₹3000 in her bank account. She pays ₹110 for medicines and ₹230 for milk by UPI. How many rupees are left in the account?
- 33.A pair of shoes costs ₹880. The shop gives 20% off. How many rupees is the discount?
- 34.Meera has 1 note of ₹200 and 4 notes of ₹50. How many rupees does Meera have?
- 35.Gurpreet has 2 coins of ₹2 and 2 coins of ₹1. How many rupees does Gurpreet have?
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36.Kabir’s passbook:
Opening balance: ₹2400
Credit: ₹200
Debit: ₹350
Debit: ₹350
Credit: ₹250
What is the total of all the credits (in ₹)? - 37.2 cricket balls cost ₹200. How much do 7 cricket balls cost (in ₹)?
- 38.Aditya keeps ₹1500 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 4 years?
- 39.Priya’s piggy bank has 4 coins of ₹20, 5 coins of ₹2 and 2 coins of ₹1. How many rupees are in it?
- 40.How many ₹2 coins make a ₹10 note?
Answer key
- Need
- 250
- 1350
- 1350
- 115
- Scanning a QR pays money
- 480
- 29
- 9
- 480
- Note
- 125
- 9
- 48
- 58
- 70
- 34
- 26
- Coin
- 35
- Shop A
- 40
- 8
- 95
- 11
- 95
- 1
- 16
- 9
- 792
- 35
- 2660
- 176
- 400
- 6
- 450
- 700
- 420
- 92
- 5
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids