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.₹1800 earns 8% simple interest per year. In how many years will the interest be ₹720?
- 2.Which coins and notes make exactly ₹170? (a) 100 + 50 + 1 (b) 100 + 50 + 20 (c) 100 + 50 + 5
- 3.Kabir buys an eraser for ₹5 and a ruler for ₹11. How many rupees does Kabir spend in all?
- 4.Gurpreet buys a pen (₹10), a badminton racket (₹420), a lunch box (₹180) and a cricket ball (₹130). What is the total (in ₹)?
- 5.Which is the biggest amount: ₹75, ₹78 or ₹71? (a) 71 rupees (b) 75 rupees (c) 78 rupees
- 6.A glue stick costs ₹22. Aditya pays ₹50. How much change does Aditya get (in ₹)?
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7.Ananya’s passbook:
Opening balance: ₹1000
Credit (money in): ₹300
Debit (money out): ₹400
What is the balance now (in ₹)? - 8.Which is the biggest amount: ₹97, ₹48 or ₹85? (a) 85 rupees (b) 48 rupees (c) 97 rupees
- 9.A pen costs ₹4.50. Kavya pays ₹50. How much change does Kavya get, in rupees? =
- 10.Aarav is making a shopping list. Which of these is a need? (a) sweets every day (b) a sticker album (c) a warm blanket (d) a bigger TV
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11.Price list: sharpener ₹4, sticker sheet ₹6, samosa ₹16, crayon box ₹40.
How much do 4 sticker sheets cost (in ₹)? - 12.Count up to find the change from ₹100: ₹51 + ₹? = ₹100
- 13.A cricket ball costs ₹125 online. Delivery is ₹80 and a coupon takes ₹30 off. What is the final price (in ₹)?
- 14.One tiny sticker costs 50 paise. How many rupees do 7 tiny stickers cost? =
- 15.1850 paise is how many rupees? =
- 16.Which is the smallest amount: ₹57, ₹47 or ₹71? (a) 71 rupees (b) 57 rupees (c) 47 rupees
- 17.₹27 − ₹19.50 =
- 18.A skipping rope costs ₹36. Isha has ₹20 and ₹2. How many more rupees does Isha need?
- 19.Dev had ₹23. Dev spent ₹3 on a toffee. How many rupees are left?
- 20.Meera’s class stall spends ₹140 to make 27 paper bookmarks and sells all of them at ₹10 each. What is the profit (in ₹)?
- 21.Aarav’s class stall spends ₹540 to make 18 clay diyas and sells all of them at ₹25 each. What is the loss (in ₹)?
- 22.Sneha gets ₹75 pocket money every week. How many rupees is that in 2 weeks?
- 23.₹350 + ₹150 =
- 24.Count up to find the change from ₹100: ₹11 + ₹? = ₹100
- 25.Tara’s class stall spends ₹300 to make 40 cups of lemonade and sells all of them at ₹15 each. What is the profit (in ₹)?
- 26.A board game costs ₹820. The shop gives 25% off. How many rupees is the discount?
- 27.Nisha is making a shopping list. Which of these is a need? (a) extra comic books (b) a remote-control car (c) a warm blanket (d) a new party dress
- 28.A 10 kg bag of rice costs ₹470. A 1 kg bag costs ₹74. Which bag is cheaper per kg? (a) 1 kg bag (b) 10 kg bag
- 29.9 pairs of socks cost ₹720. What does one pair of socks cost (in ₹)?
- 30.A dozen (12) eggs cost ₹84. What does one cost (in ₹)?
- 31.How many notes of ₹20 make ₹140?
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32.Ishaan’s passbook:
Opening balance: ₹2100
Credit (money in): ₹500
Debit (money out): ₹?
Closing balance: ₹1200
How many rupees was the debit? - 33.Pooja spends ₹30 of ₹600 pocket money on books. What percent is that?
- 34.A family plans ₹15000 for the month. 40% of it is for travel. How many rupees is that?
- 35.Someone online asks Nisha for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A friend at school (b) No one (c) A caller from the bank
- 36.Arjun has 9 coins of ₹1. Priya has 6 coins of ₹5. Who has less money? (a) Arjun (b) Priya
- 37.Arjun buys a cricket ball (₹100), a geometry box (₹105), a storybook (₹105) and a samosa (₹18). What is the total (in ₹)?
- 38.Which is the biggest amount: ₹54, ₹92 or ₹33? (a) 33 rupees (b) 92 rupees (c) 54 rupees
- 39.For Kabir, is “milk” a need or a want? (a) Need (b) Want
- 40.Vivaan buys a pen for ₹11 and pays with a ₹100 note. How much change does Vivaan get (in ₹)?
Answer key
- 5
- 100 + 50 + 20
- 16
- 740
- 78 rupees
- 28
- 900
- 97 rupees
- 45.5
- a warm blanket
- 24
- 49
- 175
- 3.5
- 18.5
- 47 rupees
- 7.5
- 14
- 20
- 130
- 90
- 150
- 500
- 89
- 300
- 205
- a warm blanket
- 10 kg bag
- 80
- 7
- 7
- 1400
- 5
- 6000
- No one
- Arjun
- 328
- 92 rupees
- Need
- 89
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids