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 family plans ₹20000 for the month. 5% of it is for rent. How many rupees is that?
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2.Manav’s passbook:
Opening balance: ₹3000
Credit (money in): ₹450
Debit (money out): ₹2800
What is the balance now (in ₹)? -
3.Price list: kite ₹23, sharpener ₹5, eraser ₹2, biscuit packet ₹11.
How many rupees more does a kite cost than a biscuit packet? - 4.There are 23 children in a class. Each child needs one samosa at ₹19. What is the total cost (in ₹)?
- 5.Meera buys 2 kites at ₹16 each and pays ₹50. How much change does Meera get (in ₹)?
- 6.Sneha buys a pencil for ₹5 and a glue stick for ₹18. How many rupees does Sneha spend in all?
- 7.Arjun has ₹440 for return gifts. Each gift costs ₹25. What is the greatest number of gifts Arjun can buy?
- 8.The bill for 4 colour pencil sets and a lunch box is ₹580. A colour pencil set costs ₹105. What does the lunch box cost (in ₹)?
- 9.Farhan had ₹28. Farhan spent ₹12 on an ice candy. How many rupees are left?
- 10.Aarav got ₹330 in 6 weeks, the same amount every week. How many rupees is that each week?
- 11.One rubber band costs ₹2.50. How many rupees do 2 rubber bands cost? =
- 12.Kavya spends ₹120 to start a stall and sells each friendship band for ₹10. What is the smallest number Kavya must sell to get back the ₹120?
- 13.Tara gets ₹70 a week, spends ₹50 each week and saves the rest. How many rupees has Tara saved after 7 weeks?
- 14.Shop A sells a badminton racket for ₹380 with free delivery. Shop B sells it for ₹385 plus ₹50 delivery. Which shop is cheaper in total? (a) Shop A (b) Shop B
- 15.Which is the biggest amount: ₹16, ₹57 or ₹10? (a) 57 rupees (b) 10 rupees (c) 16 rupees
- 16.5 school bags cost ₹2925. What does one school bag cost (in ₹)?
- 17.Priya keeps ₹800 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 5 years?
- 18.Pooja had ₹78. Pooja spent ₹30 on a crayon box. How many rupees are left?
- 19.A cricket ball costs ₹120 online. Delivery is ₹60 and a coupon takes ₹20 off. What is the final price (in ₹)?
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20.Karan’s shop bill:
4 notebooks at ₹45 each
3 water bottles at ₹165 each
3 plates of idli at ₹50 each
What is the total bill (in ₹)? - 21.Pooja gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Pooja do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
- 22.Lakshmi gets ₹300 pocket money every month. How many rupees is that in one year (12 months)?
- 23.Pooja spends ₹250 of ₹500 pocket money on books. What percent is that?
- 24.Pooja has 3 notes of ₹100, 2 notes of ₹20 and 2 coins of ₹1. How many rupees does Pooja have?
- 25.Shop A sells a badminton racket for ₹560 with free delivery. Shop B sells it for ₹400 plus ₹50 delivery. How many rupees do you save by buying from the cheaper shop?
- 26.Isha has 2 coins of ₹20. How many rupees does Isha have?
- 27.Diya has 9 notes of ₹50. How many rupees does Diya have?
- 28.A 1 kg bag of rice costs ₹75. A 2 kg bag costs ₹102. How many rupees per kg do you save with the cheaper bag?
- 29.Which is worth more: a ₹10 note or a ₹20 coin? (a) 20-rupee coin (b) 10-rupee note
- 30.1200 paise is how many rupees? =
- 31.Which is worth more: a ₹2 coin or a ₹20 coin? (a) 20-rupee coin (b) 2-rupee coin
- 32.Vivaan’s mother has ₹3000 in her bank account. She pays ₹230 for a gas cylinder and ₹90 for milk by UPI. How many rupees are left in the account?
- 33.Of a ₹43000 monthly budget, 10% goes on travel and 25% on rent. The rest is saved. How many rupees are saved?
- 34.Priya gets ₹50 pocket money every week. How many rupees is that in 6 weeks?
- 35.Nisha buys 2 samosas at ₹15 each and pays with a ₹500 note. How much change does Nisha get (in ₹)?
- 36.Kavya is making a shopping list. Which of these is a want? (a) toothpaste (b) a schoolbag (c) vegetables (d) a video game
- 37.Diya has 3 coins of ₹10 and 6 coins of ₹20. How many rupees does Diya have?
- 38.A dozen (12) guavas cost ₹72. What does one cost (in ₹)?
- 39.Of a ₹12000 monthly budget, 5% goes on school fees and 10% on food. The rest is saved. What percent is saved?
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40.Aarav’s passbook:
Opening balance: ₹4800
Debit: ₹300
Credit: ₹300
Debit: ₹50
Debit: ₹250
What is the closing balance (in ₹)?
Answer key
- 1000
- 650
- 12
- 437
- 18
- 23
- 17
- 160
- 16
- 55
- 5
- 12
- 140
- Shop A
- 57 rupees
- 585
- 280
- 48
- 160
- 825
- Never share the OTP
- 3600
- 50
- 342
- 110
- 40
- 450
- 24
- 20-rupee coin
- 12
- 20-rupee coin
- 2680
- 27950
- 300
- 470
- a video game
- 150
- 6
- 85
- 4500
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids