Coins and Currency Notes

We will discuss here about coins and currency notes. In our daily life we purchase things from the shop and pay money to the shopkeeper. We are already aware of the following coins and notes. Coins of 1 paise, 2 paise, 5 paise are not available and that of 10 paise, 20 paise, 25 paise, 50 paise are less in circulation. Notes of Re 1 and Rs 2 are also less in circulation. 1 rupee is equal to 100 paise. We write p for paise. p is written after the amount.

Notes:

Rupee is a larger unit of money than paise.

We use ‘p’ to write paise.

We use ‘Re’ to write rupee.

We use ‘Rs’ to write rupees.

We use dot (.) to separate rupees and paise.

Figure on the left of the dot represents rupees.

Figure on the right of the dot represents paise.

Number of paise is written as 2-digit number.

(i) If the amount of money consists of paise only we put zero before the dot (.) to indicate that there are no rupees. For example, 75 paise is written in figures as Re 0.75 or 75 p.

(ii) If the number of paise has one digit, we put zero before it to make a two digit number. For example, 5 paise in figure is written as Re 0.05 or 5 p.

We must know that:

100 paise = Re 1

Two 50 paise = Re 1

Four 25 paise = Re 1

Five 20 paise = Re 1

Ten 10 paise = Re 1

Solved Examples on Coins and Currency Notes:

1. Express Rs 73.25 in words.

We express Rs 73.25 as rupees seventy-three and twenty five paise.

2. Express rupees sixty and five paise in figures.

We express rupees sixty and five paise as Rs 60.05

3. Express the money in the symbolic form 25 rupees and 75 paise.

We express 25 rupees and 75 paise using the symbolic form of money as Rs 25.75.

4. Express 7 paise in figures.

We express 7 paise as Re 0.07.

5. Express Rs 6.50 in rupees and paise.

We express Rs 6.50 as six rupees fifty paise.

Questions and Answers on Coins and Currency Notes:

I. Count and write, how much amount do the notes and coins make?

$Count and Write Notes and Coins$

Answer:

I. (i) Rs. 175

(ii) Rs. 261

(iii) Rs. 660

(iv) Rs. 402

II. Match the following columns:

$Match the Money$

Answer:

II. (i) → 3

(ii) → 6

(iii) → 5

(iv) → 1

(v) → 2

(vi) → 4

III. Read the tag on each item. Circle the coins or rupees you need to buy them.

$Worksheet on Coins and Currency Notes$

Answer:

III. (i) Rs. 50 + Rs. 20 + Rs. 10 + Rs. 5

(ii) Rs. 10 + Rs. 5

(iii) Rs. 20 + Rs. 10 + Rs. 5

(iv) Rs. 5

We can get same amount of money by combining different notes and coins. For example 2 coins of Rs. 10 each can be used in place of Rs 20.

IV. Using least number of coins make the given amount. One has been done for you.

$Least Number of Coins$

V. Using least number of notes make the given amount.

$Least Number of Notes$

Answer:

(i) Rs. 150 = Rs. 100 + Rs. 50

(ii) Rs. 120 = Rs. 100 + Rs. 20

(iii) Rs. 110 = Rs. 100 + Rs. 10

You might like these

2nd Grade Money Worksheet | Conversion of Money | Word Problems

In 2nd grade money worksheet we will solve the problems on writing amount in words and figures, conversion of money and word problems on money. 1. Write T for true and F for false. (i) Rs. is written after the amount (ii) p is written before the amount. (iii) A dot is
Conversion of Money | Convert the Amount from Rupees to Paisa

In conversion of money we will learn to convert the amount from rupees to paisa and from paisa to rupees. Conversion from rupees to paisa and from paisa to rupees is based on the basic fact that Re. 1.00 = 100 paisa and 100 paisa = Re. 1.00
Writing Money in Words and Figure | Rules for Writing Money in Words

Rules for writing money in words and figure: 1. Abbreviation used for a rupee is Re. and for 1-rupee it is Re. 1 2. Rupees is written in short, as Rs., as 5-rupees is written as Rs. 5
Money | Coins | Currency Notes | Rupees and Paise | Indian Currency

In India we use rupees and paise as money. In our daily life we purchase the required things from a shop and pay money to the shopkeeper for the purchased thing.
3rd Grade Money Worksheet | Addition and Subtraction of Money |Answers

In 3rd Grade Money Worksheet we will solve how to convert rupees into paise, how to convert paise into rupees, addition of money, subtraction of money and how to make a bill. Which is the highest value coin?
Worksheet on Conversion of Rupees and Paise |Money Conversion|Currency

Practice the questions given in the worksheet on rupees and paise to convert the given amount of money into paise and to convert the given amount of money into rupees. I. Convert the following money
Word Problems on Subtraction of Money | Subtracting With Money

Let us consider some of the word problems on subtraction of money. We have solved the problems in both the methods i.e., with conversion into paise and without conversion into paise.
Subtraction of Money | Subtraction with Conversion, without Conversion

In subtraction of money we will learn how to subtract the amounts of money involving rupees and paise to find the difference. We carryout subtraction with money the same way as in decimal numbers. While subtracting we need to follow that the amounts of money is converted
Addition of Money | Add The Amounts of Money Involving Rupees & Paisa

In addition of money we will learn how to add the amounts of money involving rupees and paisa together. We carryout with money the same way as in decimal numbers. While adding we need to follow that the amounts of money is converted into paisa.
Conversion of Rupees and Paise | How to convert rupees into paise?

We will discuss about the conversion of rupees and paise (i.e. from rupees into paise and from paise into rupees). How to convert rupees into paise? First we need to remove the point and then remove
Division of Money | Worked-out Examples | Divide the Amounts of Money

In division of money we will learn how to divide the amounts of money by a number. We carryout division with money the same way as in decimal numbers. We put decimal point in the quotient after two places from the right. The process of division of money is performed
Multiplication of Money | Multiply the Amounts of Money | Examples

In multiplication of money we will learn how to multiply the amounts of money involving rupees and paisa. We carryout multiplication with money the same way as in decimal numbers. We put decimal point after two places from the right in the product.
Worksheet on Money | Conversion of Money from Rupees to Paisa

Practice the questions given in the worksheet on money. This sheet provides different types of questions where students need to express the amount of money in short form and long form
Worksheet on Addition of Money | Questions on Adding Amount of Money

Practice the questions given in the worksheet on addition of money by using without conversion and by conversion method (without regrouping and with regrouping). Note: Arrange the amount of money in the columns of rupees and paisa and then add the amounts together.
Worksheet on Subtraction of Money | Real-life Word Problems | Answers

Practice the questions given in the worksheet on subtraction of money by using without conversion and by conversion method (without regrouping and with regrouping). Note: Arrange the amount of rupees and paise in columns and then subtract the amounts to find the difference