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.Priya keeps ₹300 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
- 2.The bill for a cricket ball and a notebook is ₹170. A cricket ball costs ₹135. What does the notebook cost (in ₹)?
- 3.Which is the biggest amount: ₹12, ₹10 or ₹94? (a) 10 rupees (b) 12 rupees (c) 94 rupees
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4.Rahul’s passbook:
Opening balance: ₹2000
Debit: ₹150
Credit: ₹150
Credit: ₹250
Debit: ₹200
What is the closing balance (in ₹)? - 5.Isha gets ₹35 pocket money every week. How many rupees is that in 4 weeks?
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6.Price list: kite ₹23, biscuit packet ₹15, notebook ₹45, toffee ₹2.
How much do a biscuit packet and a notebook cost together (in ₹)? - 7.Arjun had ₹91. Arjun spent ₹8 on a pencil. How many rupees are left?
- 8.What do 2 storybooks at ₹110 each and 2 lunch boxes at ₹285 each cost in all (in ₹)?
- 9.Vivaan gets ₹12 every day. How many rupees is that in one week (7 days)?
- 10.Tara has 2 coins of ₹1. Kabir has 8 notes of ₹20. How many more rupees does Kabir have?
- 11.Meera has ₹3. A sticker sheet costs ₹7. Does Meera have enough money to buy it? (a) No (b) Yes
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12.Price list: eraser ₹5, sticker sheet ₹7, juice box ₹25, glue stick ₹17.
Diya has ₹10 and buys a sticker sheet. How many rupees are left? - 13.A football costs ₹400 online. Delivery is ₹30 and a coupon takes ₹20 off. What is the final price (in ₹)?
- 14.A crayon box costs ₹30 and a sticker sheet costs ₹9. How many rupees more does the crayon box cost?
- 15.Farhan has 5 coins of ₹5. How many rupees does Farhan have?
- 16.Diya gets ₹1650 interest from the bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 17.A jacket costs ₹100. Offer 1: 25% off. Offer 2: ₹30 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 18.Diya has ₹60 in a piggy bank. Dada gives Diya ₹34 more. How many rupees does Diya have now?
- 19.A toy car costs ₹94. Isha has ₹20 and ₹10. How many more rupees does Isha need?
- 20.A balloon costs ₹7. Tara pays ₹10. How much change does Tara get (in ₹)?
- 21.A skipping rope costs ₹72. Arjun has ₹20 and ₹2. How many more rupees does Arjun need?
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22.Rahul’s passbook:
Opening balance: ₹4700
Debit: ₹450
Credit: ₹100
Credit: ₹500
Debit: ₹250
What is the total of all the credits (in ₹)? - 23.A day trip costs ₹3360 in all. 7 friends share the cost equally. How much does each friend pay (in ₹)?
- 24.Meera sells 14 plates of bhel at ₹10 each. How many rupees does Meera get?
- 25.Gurpreet has ₹500 for a picnic. Food costs ₹90 and tickets cost ₹380. Is ₹500 enough? (a) No (b) Yes
- 26.Which is the biggest amount: ₹11, ₹35 or ₹71? (a) 35 rupees (b) 11 rupees (c) 71 rupees
- 27.A stranger asks Rohan to scan a QR code to “get” ₹10000. What is true? (a) Scanning a QR pays money (b) It gives you money (c) QR codes are always safe
- 28.Zoya is making a shopping list. Which of these is a want? (a) toothpaste (b) a new party dress (c) rice and dal (d) notebooks for school
- 29.Kavya has 2 coins of ₹20 and 5 coins of ₹2. How many rupees does Kavya have?
- 30.Count up to find the change from ₹10: ₹4 + ₹? = ₹10
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31.Price list: sticker sheet ₹6, sharpener ₹5, ice candy ₹15, banana ₹8.
How much do 5 sticker sheets cost (in ₹)? - 32.Which is worth the most: a ₹20 coin, a ₹10 coin or a ₹1 coin? (a) 20-rupee coin (b) 10-rupee coin (c) 1-rupee coin
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33.Price list: toffee ₹3, biscuit packet ₹11, kite ₹10, balloon ₹8.
How much do a balloon and a biscuit packet cost together (in ₹)? - 34.Kavya’s father is sending ₹500 to a friend by UPI. What should he check before he pays? (a) The name and amount (b) Only the phone colour (c) Nothing at all
- 35.Sneha has 7 coins of ₹2. How many rupees does Sneha have?
- 36.For Joseph, is “a schoolbag” a need or a want? (a) Need (b) Want
- 37.Shop A sells 3 notebooks for ₹120. Shop B sells 4 notebooks for ₹220. What does one notebook cost at the cheaper shop (in ₹)?
- 38.Count up to find the change from ₹20: ₹16 + ₹? = ₹20
- 39.Priya has ₹1700. In a piggy bank it stays ₹1700. In a bank at 9% simple interest per year, how many rupees more will Priya have after 1 year?
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40.Lakshmi’s passbook:
Opening balance: ₹3400
Credit (money in): ₹700
Debit (money out): ₹2850
What is the balance now (in ₹)?
Answer key
- 306
- 35
- 94 rupees
- 2050
- 140
- 60
- 83
- 790
- 84
- 158
- No
- 3
- 410
- 21
- 25
- Credit
- Offer 2
- 94
- 64
- 3
- 50
- 600
- 480
- 140
- Yes
- 71 rupees
- Scanning a QR pays money
- a new party dress
- 50
- 6
- 30
- 20-rupee coin
- 19
- The name and amount
- 14
- Need
- 40
- 4
- 153
- 1250
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids