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.₹17.50 + ₹19 =
- 2.A day trip costs ₹2150 in all. 5 friends share the cost equally. How much does each friend pay (in ₹)?
- 3.Aarav has ₹200. In a piggy bank it stays ₹200. In a bank at 2% simple interest per year, how many rupees more will Aarav have after 1 year?
- 4.Sneha gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Sneha do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
- 5.₹1000 earns 5% simple interest per year. In how many years will the interest be ₹100?
- 6.For Aarav, is “vegetables” a need or a want? (a) Need (b) Want
- 7.A hair clip costs ₹12.50. Kavya pays ₹50. How much change does Kavya get, in rupees? =
- 8.A 1 kg bag of sugar costs ₹42. A 2 kg bag costs ₹88. How many rupees per kg do you save with the cheaper bag?
- 9.Dev spends ₹540 on things to make 42 greeting cards and sells them all at ₹20 each. How many rupees does Dev earn after paying the costs?
- 10.Arjun buys 2 sharpeners at ₹9 each and pays ₹20. How much change does Arjun get (in ₹)?
- 11.Isha’s piggy bank has 2 coins of ₹10, 5 coins of ₹5 and 1 coin of ₹2. How many rupees are in it?
- 12.What do 3 T-shirts at ₹235 each and 5 notebooks at ₹55 each cost in all (in ₹)?
- 13.Zoya gets ₹85 pocket money every week. How many rupees is that in 8 weeks?
- 14.28 children go on a school trip to the zoo. The bus costs ₹70 for each child and the ticket costs ₹45 for each child. What is the total cost (in ₹)?
- 15.Aarav had ₹60. Aarav spent ₹2 on an eraser. How many rupees are left?
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16.Gurpreet’s passbook:
Opening balance: ₹2900
Credit (money in): ₹150
Debit (money out): ₹650
What is the balance now (in ₹)? - 17.Which coins and notes make exactly ₹56? (a) 50 + 5 + 1 (b) 5 + 1 + 1 (c) 20 + 5 + 1
- 18.10 pairs of socks cost ₹900. How much do 9 pairs of socks cost (in ₹)?
- 19.₹32 + ₹34 + ₹27 =
- 20.Shop A sells 3 pens for ₹45. Shop B sells 5 pens for ₹105. What does one pen cost at the cheaper shop (in ₹)?
- 21.9 pairs of socks cost ₹540. What does one pair of socks cost (in ₹)?
- 22.₹20 + ₹5 + ₹? = ₹26
- 23.A stall pays ₹6 for each friendship band and sells each one for ₹16. It sells 10 friendship bands. What is the total profit (in ₹)?
- 24.After 10% off, a study lamp costs ₹162. What was the price before the sale (in ₹)?
- 25.Lakshmi is making a shopping list. Which of these is a need? (a) a sticker album (b) bus fare to school (c) a glitter pen set (d) a bigger TV
- 26.Which is the biggest amount: ₹83, ₹81 or ₹48? (a) 48 rupees (b) 81 rupees (c) 83 rupees
- 27.₹35 − ₹27 =
- 28.Kabir buys a geometry box for ₹115 and a mango for ₹20, and pays with a ₹500 note. How much change does Kabir get (in ₹)?
- 29.Manav has 5 notes of ₹50. Priya has 4 coins of ₹1. Who has more money? (a) Priya (b) Manav
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30.Price list: sticker sheet ₹9, banana ₹8, biscuit packet ₹14, ruler ₹13.
Aarav has ₹50 and buys a ruler. How many rupees are left? - 31.A dozen (12) guavas cost ₹60. What does one cost (in ₹)?
- 32.A 2 kg bag of tomatoes costs ₹60. A 10 kg bag costs ₹230. Which bag is cheaper per kg? (a) 2 kg bag (b) 10 kg bag
- 33.₹20 + ₹? + ₹5 = ₹27
- 34.Sneha spends ₹260 to start a stall and sells each cup of lemonade for ₹10. What is the smallest number Sneha must sell to get back the ₹260?
- 35.How many notes of ₹100 make ₹900?
- 36.A message says Gurpreet has won ₹50000. It asks for the UPI PIN to send the prize. What is true? (a) No PIN to receive money (b) Enter the PIN quickly (c) Prizes need your PIN
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37.Price list: ruler ₹14, ice candy ₹12, biscuit packet ₹20, kite ₹11.
How much do an ice candy and a biscuit packet cost together (in ₹)? - 38.Pooja wants a gift for Mum that costs ₹205, has ₹40 already and saves ₹40 every week. In how many weeks will Pooja have enough?
- 39.3 pairs of socks cost ₹270. How much do 2 pairs of socks cost (in ₹)?
- 40.Aarav spends ₹50 to start a stall and sells each paper bookmark for ₹5. What is the smallest number Aarav must sell to get back the ₹50?
Answer key
- 36.5
- 430
- 4
- Never share the OTP
- 2
- Need
- 37.5
- 2
- 300
- 2
- 47
- 980
- 680
- 3220
- 58
- 2400
- 50 + 5 + 1
- 810
- 93
- 15
- 60
- 1
- 100
- 180
- bus fare to school
- 83 rupees
- 8
- 365
- Manav
- 37
- 5
- 10 kg bag
- 2
- 26
- 9
- No PIN to receive money
- 32
- 5
- 180
- 10
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids