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.Ananya has one ₹5 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 2.Isha has 4 coins of ₹2 and 3 coins of ₹5. How many rupees does Isha have?
- 3.Sneha sells 14 friendship bands at ₹10 each. How many rupees does Sneha get?
- 4.A stall pays ₹4 for each greeting card and sells each one for ₹10. It sells 18 greeting cards. What is the total profit (in ₹)?
- 5.2 friends run a stall selling plates of bhel and make a profit of ₹360. They share it equally. How many rupees does each friend get?
- 6.Ananya buys a badminton racket for ₹375 and a plate of idli for ₹40, and pays with a ₹500 note. How much change does Ananya get (in ₹)?
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7.Price list: crayon box ₹35, eraser ₹3, juice box ₹30, samosa ₹12.
How much do 4 samosas cost (in ₹)? - 8.Which coins and notes make exactly ₹32? (a) 20 + 2 + 1 (b) 20 + 10 + 2 (c) 50 + 10 + 2
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9.Kavya’s passbook:
Opening balance: ₹4200
Credit (money in): ₹100
Debit (money out): ₹?
Closing balance: ₹3850
How many rupees was the debit? - 10.A 5 kg bag of sugar costs ₹215. A 2 kg bag costs ₹92. Which bag is cheaper per kg? (a) 2 kg bag (b) 5 kg bag
- 11.Which is worth the least: a ₹20 note, a ₹1 coin or a ₹10 coin? (a) 1-rupee coin (b) 10-rupee coin (c) 20-rupee note
- 12.Rahul got ₹200 in 8 weeks, the same amount every week. How many rupees is that each week?
- 13.How many ₹5 coins make a ₹50 note?
- 14.Which coins and notes make exactly ₹8? (a) 5 + 2 + 1 (b) 50 + 2 + 1 (c) 2 + 1 + 1
- 15.350 paise is how many rupees? =
- 16.A water bottle costs ₹460. The shop gives 50% off. What is the sale price (in ₹)?
- 17.How many coins of ₹20 does Saanvi need to make ₹200?
- 18.Which coins and notes make exactly ₹16? (a) 10 + 10 + 5 (b) 10 + 5 + 1 (c) 50 + 10 + 1
- 19.30 children go on a school trip to the planetarium. The bus costs ₹30 for each child and the ticket costs ₹15 for each child. What is the total cost (in ₹)?
- 20.A raincoat costs ₹140. The shop gives 20% off. How many rupees is the discount?
- 21.Pooja has 2 notes of ₹200, 4 notes of ₹20 and 2 coins of ₹1. How many rupees does Pooja have?
- 22.Shop A sells 6 geometry boxes for ₹660. Shop B sells 3 geometry boxes for ₹285. What does one geometry box cost at the cheaper shop (in ₹)?
- 23.A message says Gurpreet has won ₹10000. 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
- 24.Manav is making a shopping list. Which of these is a want? (a) rice and dal (b) drinking water (c) a bigger TV (d) medicine when ill
- 25.Arjun is making a shopping list. Which of these is a need? (a) extra comic books (b) a fancy phone cover (c) vegetables (d) a new party dress
- 26.₹1600 earns 10% simple interest per year. In how many years will the interest be ₹800?
- 27.Pooja has ₹500. First Pooja pays for needs: a water bottle (₹120) and socks (₹110). How many rupees are left for wants?
- 28.Kabir sees that ₹500 was sent to a wrong number by mistake. What should Kabir do first? (a) Keep it a secret (b) Pay again to fix it (c) Tell a parent at once
- 29.Shop A sells 2 pens for ₹20. Shop B sells 4 pens for ₹76. Which shop is cheaper for one pen? (a) Shop B (b) Shop A
- 30.₹21 − ₹9.50 =
- 31.Kavya gets ₹500 pocket money every month. How many rupees is that in one year (12 months)?
- 32.10 geometry boxes cost ₹950. What does one geometry box cost (in ₹)?
- 33.Tara buys a mango for ₹30 and pays with a ₹100 note. How much change does Tara get (in ₹)?
- 34.Which coins and notes make exactly ₹17? (a) 10 + 5 + 2 (b) 20 + 10 + 5 (c) 10 + 2 + 2
- 35.Rahul gets ₹27 every day. How many rupees is that in one week (7 days)?
- 36.1350 paise is how many rupees? =
- 37.Priya buys 6 colour pencil sets at ₹65 each and pays with a ₹500 note. How much change does Priya get (in ₹)?
- 38.₹10 + ₹? + ₹100 = ₹112
- 39.₹360 + ₹180 =
- 40.Which is the same money as one ₹10 note? (a) four 5-rupee coins (b) three 5-rupee coins (c) two 5-rupee coins
Answer key
- Coin
- 23
- 140
- 108
- 180
- 85
- 48
- 20 + 10 + 2
- 450
- 5 kg bag
- 1-rupee coin
- 25
- 10
- 5 + 2 + 1
- 3.5
- 230
- 10
- 10 + 5 + 1
- 1350
- 28
- 482
- 95
- No PIN to receive money
- a bigger TV
- vegetables
- 5
- 270
- Tell a parent at once
- Shop A
- 11.5
- 6000
- 95
- 70
- 10 + 5 + 2
- 189
- 13.5
- 110
- 2
- 540
- two 5-rupee coins
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids