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 ₹17000 for the month. 25% of it is for food. How many rupees is that?
- 2.Ananya’s piggy bank has 2 coins of ₹10, 1 coin of ₹5 and 4 coins of ₹1. How many rupees are in it?
- 3.The bill for 4 plates of idli and a geometry box is ₹310. A plate of idli costs ₹40. What does the geometry box cost (in ₹)?
- 4.Riya is making a shopping list. Which of these is a need? (a) extra comic books (b) a new party dress (c) medicine when ill (d) a bigger TV
- 5.Nisha has 3 notes of ₹50, 1 note of ₹10 and 1 coin of ₹2. How many rupees does Nisha have?
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6.Kavya’s passbook:
Opening balance: ₹3000
Credit (money in): ₹650
Debit (money out): ₹3500
What is the balance now (in ₹)? - 7.Shop A sells 5 mangoes for ₹125. Shop B sells 2 mangoes for ₹40. Which shop is cheaper for one mango? (a) Shop A (b) Shop B
- 8.Joseph sees that ₹10000 was sent to a wrong number by mistake. What should Joseph do first? (a) Pay again to fix it (b) Tell a parent at once (c) Keep it a secret
- 9.Priya has 4 coins of ₹2 and 5 coins of ₹5. How many rupees does Priya have?
- 10.Dev gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Dev do? (a) Send it by message (b) Read the OTP out (c) Never share the OTP
- 11.₹1 + ₹50 + ₹? = ₹53
- 12.A stall pays ₹19 for each clay diya and sells each one for ₹24. It sells 25 clay diyas. What is the total profit (in ₹)?
- 13.A dozen (12) bananas cost ₹72. What does one cost (in ₹)?
- 14.Pooja’s mother has ₹1000 in her bank account. She pays ₹190 for vegetables and ₹390 for milk by UPI. How many rupees are left in the account?
- 15.A football costs ₹160. The shop gives 25% off. How many rupees is the discount?
- 16.One geometry box costs ₹80. How much do 2 geometry boxes cost (in ₹)?
- 17.Which is the smallest amount: ₹41, ₹22 or ₹37? (a) 22 rupees (b) 37 rupees (c) 41 rupees
- 18.Saanvi buys 4 sharpeners at ₹5 each and pays ₹50. How much change does Saanvi get (in ₹)?
- 19.₹110 + ₹240 =
- 20.A cricket bat costs ₹660. The shop gives 10% off. What is the sale price (in ₹)?
- 21.Ananya is making a shopping list. Which of these is a need? (a) a third cricket bat (b) a remote-control car (c) a sticker album (d) toothpaste
- 22.Sneha buys a sticker sheet for ₹12 and a sharpener for ₹8. How many rupees does Sneha spend in all?
- 23.Of a ₹38000 monthly budget, 20% goes on clothes and 40% on electricity. The rest is saved. How many rupees are saved?
- 24.A paint box costs ₹75. Manav has ₹5 and ₹5. How many more rupees does Manav need?
- 25.Pooja keeps ₹400 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
- 26.Rohan keeps ₹1700 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
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27.Price list: notebook ₹35, glue stick ₹25, ruler ₹15, ice candy ₹14.
How many rupees more does a ruler cost than an ice candy? -
28.Price list: biscuit packet ₹10, toffee ₹2, juice box ₹25, sticker sheet ₹7.
How many rupees more does a juice box cost than a toffee? - 29.₹870 − ₹210 =
- 30.Ishaan’s mother has ₹1700 in her bank account. She pays ₹170 for vegetables and ₹120 for medicines by UPI. How many rupees are left in the account?
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31.Price list: balloon ₹9, glue stick ₹20, crayon box ₹40, ice candy ₹8.
How much do a glue stick and a balloon cost together (in ₹)? -
32.Diya’s passbook:
Opening balance: ₹4300
Credit (money in): ₹250
Debit (money out): ₹?
Closing balance: ₹1750
How many rupees was the debit? - 33.Rahul gets ₹40 pocket money every week. How many rupees is that in 10 weeks?
- 34.Shop A sells 3 pens for ₹48. Shop B sells 6 pens for ₹150. Which shop is cheaper for one pen? (a) Shop A (b) Shop B
- 35.Which is the same money as one ₹10 note? (a) four 2-rupee coins (b) five 2-rupee coins (c) three 2-rupee coins
- 36.Of a ₹20000 monthly budget, 5% goes on school fees and 40% on rent. The rest is saved. What percent is saved?
- 37.A jacket costs ₹340. The shop gives 50% off. What is the sale price (in ₹)?
- 38.How many plates of idli can you buy with ₹150 if one costs ₹30?
- 39.Ananya gets ₹5 every day. How many rupees is that in one week (7 days)?
- 40.Someone online asks Kabir for the family UPI PIN. Who should ever be told a PIN or OTP? (a) A caller from the bank (b) A friend at school (c) No one
Answer key
- 4250
- 29
- 150
- medicine when ill
- 162
- 150
- Shop B
- Tell a parent at once
- 33
- Never share the OTP
- 2
- 125
- 6
- 420
- 40
- 160
- 22 rupees
- 30
- 350
- 594
- toothpaste
- 20
- 15200
- 65
- 436
- 272
- 1
- 23
- 660
- 1410
- 29
- 2800
- 400
- Shop A
- five 2-rupee coins
- 55
- 170
- 5
- 35
- No one
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids