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 pencil box costs ₹25.50. Farhan pays ₹50. How much change does Farhan get, in rupees? =
- 2.A water bottle costs ₹280. The shop gives 25% off. What is the sale price (in ₹)?
- 3.A dozen (12) guavas cost ₹60. What does one cost (in ₹)?
- 4.Meera has one ₹50 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 5.How many paise are there in ₹17.50?
- 6.Priya wants a storybook set that costs ₹320, has ₹60 already and saves ₹100 every week. In how many weeks will Priya have enough?
- 7.Dev gets ₹50 a week, spends ₹10 each week and saves the rest. How many rupees has Dev saved after 2 weeks?
- 8.Tara has 8 notes of ₹10. Karan has 7 coins of ₹1. Who has less money? (a) Tara (b) Karan
- 9.Nisha’s mother scans a shop’s QR code to pay ₹50000. What should she check before she pays? (a) Nothing, just pay (b) The colour of the code (c) The name of the shop
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10.Zoya’s passbook:
Opening balance: ₹600
Credit (money in): ₹500
Debit (money out): ₹150
What is the balance now (in ₹)? - 11.Priya has a budget of ₹2000 for a birthday party. The cake cost ₹360, the decorations cost ₹160 and the snacks cost ₹480. How many rupees are left?
- 12.A stranger asks Lakshmi to scan a QR code to “get” ₹25000. What is true? (a) QR codes are always safe (b) It gives you money (c) Scanning a QR pays money
- 13.₹76 + ₹8 =
- 14.Dev has 2 notes of ₹100, 1 note of ₹20 and 2 coins of ₹1. How many rupees does Dev have?
- 15.Someone online asks Isha for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) No one (c) A friend at school
- 16.Zoya has 3 notes of ₹20. Ananya has 7 coins of ₹2. How many more rupees does Zoya have?
- 17.Vivaan got ₹210 in 6 weeks, the same amount every week. How many rupees is that each week?
- 18.A bun costs ₹6.50. Aditya pays ₹20. How much change does Aditya get, in rupees? =
- 19.Zoya gets ₹30 pocket money every week. How many rupees is that in 5 weeks?
- 20.A family plans ₹21000 for the month. 5% of it is for rent. How many rupees is that?
- 21.A storybook costs ₹78. Manav has ₹10 and ₹2. How many more rupees does Manav need?
- 22.₹14.50 − ₹2.50 =
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23.Isha’s passbook:
Opening balance: ₹3500
Debit: ₹300
Credit: ₹250
Debit: ₹300
Debit: ₹50
What is the total of all the credits (in ₹)? - 24.Rahul spends ₹630 on things to make 47 plates of bhel and sells them all at ₹20 each. How many rupees does Rahul earn after paying the costs?
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25.Tara’s passbook:
Opening balance: ₹2300
Credit (money in): ₹950
Debit (money out): ₹2450
What is the balance now (in ₹)? - 26.Riya spends ₹70 to start a stall and sells each friendship band for ₹10. What is the smallest number Riya must sell to get back the ₹70?
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27.Price list: eraser ₹2, kite ₹15, biscuit packet ₹12, toffee ₹3.
Karan has ₹10 and buys a toffee. How many rupees are left? - 28.Pooja gets ₹350 pocket money every month. How many rupees is that in one year (12 months)?
- 29.Manav is making a shopping list. Which of these is a want? (a) a raincoat (b) school shoes (c) a fancy phone cover (d) soap
- 30.Rahul has ₹600. First Rahul pays for needs: school shoes (₹200) and socks (₹70). How many rupees are left for wants?
- 31.Which coins and notes make exactly ₹80? (a) 20 + 10 + 1 (b) 50 + 20 + 10 (c) 20 + 10 + 10
- 32.How many coins of ₹10 does Ananya need to make ₹30?
- 33.Kabir makes 6 greeting cards an hour and sells each one for ₹5. How many rupees can Kabir earn from 3 hours of work?
- 34.A dozen (12) guavas cost ₹96. What does one cost (in ₹)?
- 35.Joseph spends ₹590 on things to make 49 cups of lemonade and sells them all at ₹20 each. How many rupees does Joseph earn after paying the costs?
- 36.A jigsaw puzzle costs ₹47. Gurpreet has ₹5 and ₹10. How many more rupees does Gurpreet need?
- 37.Kabir buys a plate of idli for ₹60 and pays with a ₹100 note. How much change does Kabir get (in ₹)?
- 38.Aditya keeps ₹1300 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
- 39.Ananya has ₹520 for return gifts. Each gift costs ₹30. What is the greatest number of gifts Ananya can buy?
- 40.Priya wants a storybook set that costs ₹320. Priya saves ₹40 every week. How many weeks will it take?
Answer key
- 24.5
- 210
- 5
- Note
- 1750
- 3
- 80
- Karan
- The name of the shop
- 950
- 1000
- Scanning a QR pays money
- 84
- 222
- No one
- 46
- 35
- 13.5
- 150
- 1050
- 66
- 12
- 250
- 310
- 800
- 7
- 7
- 4200
- a fancy phone cover
- 330
- 50 + 20 + 10
- 3
- 90
- 8
- 390
- 32
- 40
- 104
- 17
- 8
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids