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
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1.Price list: banana ₹7, ice candy ₹13, notebook ₹40, juice box ₹30.
How much do a banana and a juice box cost together (in ₹)? - 2.A stall pays ₹15 for each paper bookmark and sells each one for ₹21. It sells 39 paper bookmarks. What is the total profit (in ₹)?
- 3.Riya has ₹1900. In a piggy bank it stays ₹1900. In a bank at 9% simple interest per year, how many rupees more will Riya have after 4 years?
- 4.Tara has ₹30 in a piggy bank. Nani gives Tara ₹31 more. How many rupees does Tara have now?
- 5.Kabir has 9 coins of ₹5. How many rupees does Kabir have?
- 6.Zoya has one ₹5 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 7.A family plans ₹13000 for the month. 40% of it is for food. How many rupees is that?
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8.Aarav’s passbook:
Opening balance: ₹3600
Credit: ₹500
Credit: ₹50
Debit: ₹350
Credit: ₹250
What is the total of all the credits (in ₹)? - 9.Count up to find the change from ₹500: ₹231 + ₹? = ₹500
- 10.Farhan’s mother scans a shop’s QR code to pay ₹10000. What should she check before she pays? (a) The name of the shop (b) Nothing, just pay (c) The colour of the code
- 11.For Rahul, is “notebooks for school” a need or a want? (a) Need (b) Want
- 12.Pooja has 4 coins of ₹1. Diya has 3 coins of ₹5. How many more rupees does Diya have?
- 13.Shop A sells 3 plates of idli for ₹150. Shop B sells 6 plates of idli for ₹210. What does one plate of idli cost at the cheaper shop (in ₹)?
- 14.A stall pays ₹17 for each plate of bhel and sells each one for ₹23. It sells 27 plates of bhel. What is the total profit (in ₹)?
- 15.Riya has ₹300. In a piggy bank it stays ₹300. In a bank at 9% simple interest per year, how many rupees more will Riya have after 4 years?
- 16.What is the smallest number of coins and notes that make ₹87?
- 17.Priya keeps ₹900 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
- 18.Which is the same money as one ₹100 note? (a) five 50-rupee notes (b) two 50-rupee notes (c) four 50-rupee notes
- 19.Manav buys a colour pencil set for ₹95 and pays with a ₹100 note. How much change does Manav get (in ₹)?
- 20.Dev gets ₹30 a week, spends ₹20 each week and saves the rest. How many rupees has Dev saved after 8 weeks?
- 21.Tara had ₹35. Tara spent ₹2 on a toffee. How many rupees are left?
- 22.A paint box costs ₹74. Sneha has ₹5 and ₹5. How many more rupees does Sneha need?
- 23.A stranger asks Rohan to scan a QR code to “get” ₹2000. What is true? (a) QR codes are always safe (b) Scanning a QR pays money (c) It gives you money
- 24.Isha wants a football that costs ₹500. Isha saves ₹100 every week. How many weeks will it take?
- 25.How many coins of ₹2 does Ishaan need to make ₹4?
- 26.2 pens cost ₹50. How much do 8 pens cost (in ₹)?
- 27.Joseph gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Joseph do? (a) Never share the OTP (b) Read the OTP out (c) Send it by message
- 28.Pooja gets ₹25 every day. How many rupees is that in one week (7 days)?
- 29.A pair of shoes costs ₹240. The shop gives 10% off. How many rupees is the discount?
- 30.Rohan sells 39 cupcakes at ₹5 each. How many rupees does Rohan get?
- 31.Sneha has one ₹500 piece of money. Is it a coin or a note? (a) Coin (b) Note
- 32.One samosa costs ₹13. A pack of 3 samosas costs ₹38. How many rupees do you save by buying the pack instead of 3 single ones?
- 33.₹? + ₹2 + ₹20 = ₹72
- 34.Rahul has 8 notes of ₹20. How many rupees does Rahul have?
- 35.Of a ₹19000 monthly budget, 10% goes on school fees and 30% on travel. The rest is saved. What percent is saved?
- 36.Dev’s class stall spends ₹180 to make 14 cups of lemonade and sells all of them at ₹10 each. What is the loss (in ₹)?
- 37.A family plans ₹24000 for the month. 10% of it is for food. How many rupees is that?
- 38.Aarav has one ₹200 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 39.Pooja has ₹400. First Pooja pays for needs: a lunch box (₹110) and school shoes (₹50). How many rupees are left for wants?
- 40.Manav wants a board game that costs ₹590, has ₹240 already and saves ₹20 every week. In how many weeks will Manav have enough?
Answer key
- 37
- 234
- 684
- 61
- 45
- Coin
- 5200
- 800
- 269
- The name of the shop
- Need
- 11
- 35
- 162
- 108
- 5
- 18
- two 50-rupee notes
- 5
- 80
- 33
- 64
- Scanning a QR pays money
- 5
- 2
- 200
- Never share the OTP
- 175
- 24
- 195
- Note
- 1
- 50
- 160
- 60
- 40
- 2400
- Note
- 240
- 18
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids