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.Manav keeps ₹1500 in a bank. After 2 years the simple interest is ₹300. What is the rate of interest per year (in %)?
- 2.Pooja gets ₹1100 from a relative by bank transfer. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
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3.Kavya’s shop bill:
4 geometry boxes at ₹110 each
1 pen at ₹19
1 cricket ball at ₹100
What is the total bill (in ₹)? - 4.₹20 + ₹50 + ₹? = ₹75
- 5.Which is worth more: a ₹20 note or a ₹5 coin? (a) 5-rupee coin (b) 20-rupee note
- 6.Sneha has 3 notes of ₹50 and 1 note of ₹10. How many rupees does Sneha have?
- 7.Lakshmi buys a sharpener for ₹7 and a pencil for ₹6. How many rupees does Lakshmi spend in all?
- 8.Vivaan has 9 coins of ₹5. How many rupees does Vivaan have?
- 9.Priya’s father is sending ₹50000 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
- 10.One storybook costs ₹150. How much do 9 storybooks cost (in ₹)?
- 11.Shop A sells a water bottle for ₹220 with free delivery. Shop B sells it for ₹120 plus ₹50 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 12.Diya wants a football that costs ₹480. Diya saves ₹20 every week. How many weeks will it take?
- 13.Shop A sells 2 pairs of socks for ₹120. Shop B sells 6 pairs of socks for ₹300. Which shop is cheaper for one pair of socks? (a) Shop A (b) Shop B
- 14.Isha spends ₹260 on things to make 18 paper bookmarks and sells them all at ₹20 each. How many rupees does Isha earn after paying the costs?
- 15.A dozen (12) bananas cost ₹72. What does one cost (in ₹)?
- 16.How many ₹20 coins make a ₹100 note?
- 17.Ishaan’s piggy bank has 2 coins of ₹10, 1 coin of ₹5 and 3 coins of ₹1. How many rupees are in it?
- 18.Vivaan has 3 notes of ₹100 and 3 notes of ₹20. How many rupees does Vivaan have?
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19.Aditya’s shop bill:
3 pens at ₹23 each
1 colour pencil set at ₹60
1 geometry box at ₹115
What is the total bill (in ₹)? - 20.Which is the smallest amount: ₹89, ₹78 or ₹16? (a) 89 rupees (b) 78 rupees (c) 16 rupees
- 21.Aarav’s father is sending ₹50000 to a friend by UPI. What should he check before he pays? (a) Nothing at all (b) Only the phone colour (c) The name and amount
- 22.A balloon costs ₹7. Rohan pays ₹20. How much change does Rohan get (in ₹)?
- 23.Of a ₹17000 monthly budget, 50% goes on clothes and 20% on rent. The rest is saved. What percent is saved?
- 24.Priya has 5 coins of ₹1. Vivaan has 6 notes of ₹20. Who has more money? (a) Vivaan (b) Priya
- 25.A day trip costs ₹1440 in all. 6 friends share the cost equally. How much does each friend pay (in ₹)?
- 26.Shop A sells a lunch box for ₹295 with free delivery. Shop B sells it for ₹215 plus ₹70 delivery. Which shop is cheaper in total? (a) Shop B (b) Shop A
- 27.₹14 + ₹4.50 =
- 28.A 5 kg bag of tomatoes costs ₹280. A 2 kg bag costs ₹40. How many rupees per kg do you save with the cheaper bag?
- 29.Meera buys a pair of socks for ₹60 and pays with a ₹100 note. How much change does Meera get (in ₹)?
- 30.₹61 + ₹30 =
- 31.2 samosas cost ₹40. How much do 9 samosas cost (in ₹)?
- 32.₹52 − ₹25 =
- 33.How many cricket balls can you buy with ₹945 if one costs ₹105?
- 34.3 friends run a stall selling paper bookmarks and make a profit of ₹420. They share it equally. How many rupees does each friend get?
- 35.A stranger asks Rahul to scan a QR code to “get” ₹1000. What is true? (a) Scanning a QR pays money (b) QR codes are always safe (c) It gives you money
- 36.Riya has 8 coins of ₹5. Aarav has 7 coins of ₹1. Who has less money? (a) Aarav (b) Riya
- 37.A pencil costs ₹7 and a kite costs ₹13. How many rupees more does the kite cost?
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38.Price list: biscuit packet ₹13, samosa ₹16, pencil ₹6, eraser ₹5.
Which item costs the least? (a) biscuit packet (b) samosa (c) eraser (d) pencil - 39.Rahul buys 2 pens at ₹11 each and pays with a ₹100 note. How much change does Rahul get (in ₹)?
- 40.Isha buys a geometry box (₹125), a badminton racket (₹330), a plate of idli (₹55) and a water bottle (₹195). What is the total (in ₹)?
Answer key
- 10
- Credit
- 559
- 5
- 20-rupee note
- 160
- 13
- 45
- The name and amount
- 1350
- Shop B
- 24
- Shop B
- 100
- 6
- 5
- 28
- 360
- 244
- 16 rupees
- The name and amount
- 13
- 30
- Vivaan
- 240
- Shop B
- 18.5
- 36
- 40
- 91
- 180
- 27
- 9
- 140
- Scanning a QR pays money
- Aarav
- 6
- eraser
- 78
- 705
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids