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
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1.Price list: eraser ₹4, sticker sheet ₹9, balloon ₹7, pencil ₹3.
How much do a balloon and an eraser cost together (in ₹)? - 2.Kabir makes 5 friendship bands an hour and sells each one for ₹5. How many rupees can Kabir earn from 1 hour of work?
- 3.Manav’s mother has ₹1700 in her bank account. She pays ₹250 for school books and ₹370 for milk by UPI. How many rupees are left in the account?
- 4.Count up to find the change from ₹100: ₹36 + ₹? = ₹100
- 5.₹12 + ₹10 + ₹27 =
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6.Kavya’s passbook:
Opening balance: ₹4400
Credit (money in): ₹100
Debit (money out): ₹?
Closing balance: ₹3300
How many rupees was the debit? - 7.What is the smallest number of coins and notes that make ₹129?
- 8.Ishaan has 10 coins of ₹10. How many rupees does Ishaan have?
- 9.Aarav’s mother scans a shop’s QR code to pay ₹5000. What should she check before she pays? (a) The name of the shop (b) Nothing, just pay (c) The colour of the code
- 10.Priya’s class stall spends ₹380 to make 39 clay diyas and sells all of them at ₹10 each. Is it a profit or a loss? (a) Profit (b) No profit, no loss (c) Loss
- 11.Diya has ₹1000. In a piggy bank it stays ₹1000. In a bank at 9% simple interest per year, how many rupees more will Diya have after 1 year?
- 12.A pen costs ₹36.50. Lakshmi pays ₹50. How much change does Lakshmi get, in rupees? =
- 13.3 friends run a stall selling cupcakes and make a profit of ₹1200. They share it equally. How many rupees does each friend get?
- 14.₹12.50 + ₹2.50 =
- 15.Aditya keeps ₹1000 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
- 16.Farhan keeps ₹1300 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
- 17.Dev’s mother scans a shop’s QR code to pay ₹5000. What should she check before she pays? (a) Nothing, just pay (b) The colour of the code (c) The name of the shop
- 18.Kavya buys a sticker sheet for ₹8 and a notebook for ₹25. How many rupees does Kavya spend in all?
- 19.Which coins and notes make exactly ₹27? (a) 50 + 20 + 5 (b) 20 + 5 + 2 (c) 20 + 10 + 5
- 20.Vivaan buys a pen for ₹18 and pays with a ₹100 note. How much change does Vivaan get (in ₹)?
- 21.A water bottle costs ₹200. The shop gives 10% off. How many rupees is the discount?
- 22.Arjun wants a gift for Mum that costs ₹215, has ₹40 already and saves ₹50 every week. In how many weeks will Arjun have enough?
- 23.2000 paise is how many rupees? =
- 24.Which coins and notes make exactly ₹112? (a) 100 + 100 + 10 (b) 100 + 10 + 5 (c) 100 + 10 + 2
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25.Price list: glue stick ₹25, sharpener ₹5, toffee ₹1, samosa ₹13.
How much do 5 toffees cost (in ₹)? - 26.An ice candy costs ₹8. Farhan pays ₹10. How much change does Farhan get (in ₹)?
- 27.Which is worth the most: a ₹500 note, a ₹20 note or a ₹200 note? (a) 200-rupee note (b) 500-rupee note (c) 20-rupee note
- 28.A board game costs ₹600. Offer 1: 25% off. Offer 2: ₹10 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 29.Manav has one ₹500 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 30.Gurpreet’s piggy bank has 4 coins of ₹20, 2 coins of ₹10 and 5 coins of ₹2. How many rupees are in it?
- 31.Arjun gets ₹50 a week, spends ₹5 each week and saves the rest. How many rupees has Arjun saved after 3 weeks?
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32.Arjun’s passbook:
Opening balance: ₹2500
Credit (money in): ₹350
Debit (money out): ₹50
What is the balance now (in ₹)? - 33.Shop A sells a T-shirt for ₹270 with free delivery. Shop B sells it for ₹345 plus ₹40 delivery. How many rupees do you save by buying from the cheaper shop?
- 34.Ananya has 6 notes of ₹10. Kavya has 3 notes of ₹100. How many more rupees does Kavya have?
- 35.Isha buys a geometry box for ₹100 and a water bottle for ₹240, and pays with a ₹500 note. How much change does Isha get (in ₹)?
- 36.Which is worth the most: a ₹20 coin, a ₹2 coin or a ₹200 note? (a) 20-rupee coin (b) 200-rupee note (c) 2-rupee coin
- 37.A dozen (12) guavas cost ₹60. What does one cost (in ₹)?
- 38.3 colour pencil sets cost ₹270. What does one colour pencil set cost (in ₹)?
- 39.A day trip costs ₹700 in all. 7 friends share the cost equally. How much does each friend pay (in ₹)?
- 40.The bill for a pen and a cricket ball is ₹137. A pen costs ₹12. What does the cricket ball cost (in ₹)?
Answer key
- 11
- 25
- 1080
- 64
- 49
- 1200
- 5
- 100
- The name of the shop
- Profit
- 90
- 13.5
- 400
- 15
- 1180
- 1430
- The name of the shop
- 33
- 20 + 5 + 2
- 82
- 20
- 4
- 20
- 100 + 10 + 2
- 5
- 2
- 500-rupee note
- Offer 1
- Note
- 110
- 135
- 2800
- 115
- 240
- 160
- 200-rupee note
- 5
- 90
- 100
- 125
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids