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

From this fact we find that

Re. 1.00 = 100 paisa Rs. 2.00 = 200 paisa Rs. 5.00 = 500 paisa
Rs. 10.00 = 1000 paisa |
100 paisa = Re. 1.00 200 paisa = Re. 2.00 500 paisa = Re. 5.00
1000 paisa = Re. 10.00 |

We know that Rs. 1 = 100p. So, to convert rupees into paise we multiply the number of rupees by 100.

Rs. 7 = 7 × 100 = 700 paise or 7p

Rs. 9 = 9 × 100 = 900 paise or 9p

To convert rupees and paise into paise, we convert rupees into paise and add paise.

Rs. 8 and 50 paise = 8 × 100 + 50

= 800 + 50

= 850 paise or 850p

Worked-out examples on conversion of money:

**1.
Convert the following:**

**(i)** Rs. 3.50 into paise

**Solution:
**

Rs. 3.50

= Rs. 3.00 + 50 paise

= (3 × 100) paise + 50 paise

= 300 paise + 50 paise

= 350 paise

(Thus, to convert rupees and paise into paise, we remove the point (.) and symbol Re. or Rs. and write Paise on the right of the number so obtained)

**For
example: **

Rs. 7.25 = 725 paise

Rs. 11.85 = 1185 paise

**(ii)** 815 paise into rupees

**Solution:
**

815 paise

= 800 paise + 15 paise

= (8 × 100) paise + 15 paise

= Rs. 8 + 15 paise

= Rs. 8.15

(Thus, to convert paise into rupees and paise, the point called decimal point is placed after the two digits from the right of the number showing paise and then Re. or Rs. is written on the extreme left)

**For
example:**

450 paise 1375 paise 75 paise
47 paise 605 paise
745 paise |
= Rs. 4.5 = Rs. 13.75 = Re. 0.75 = Rs. 0.47
= Rs. 6.05 = Rs. 7.45 |

Questions and Answers on conversion of money:

**1. Convert the following:**

**Answers:**

(i) Rs. 5.85

(ii) Rs. 84.60

(iii) Rs. 105.00

(iv) Rs. 1,126.25

(v) Rs. 0.1

(vi) Rs. 0.7

(vii) Rs. 15.89

(viii) Rs. 2.00

**2. Convert rupees into paise.**

(i) Rs. 5 = _____p

(ii) Rs. 7 = _____p

(iii) Rs. 3 = _____p

(iv) Rs. 10 = _____p

(v) Rs. 2 = _____p

**Answer:**

**2. **(i) 500p

(ii) 700p

(iii) 300p

(iv) 1000p

(v) 200p

**3. Convert into paise.**

(i) Rs. 5 and 70p = _____ + _____ = _____p

(ii) Rs. 9 and 40p = _____ + _____ = _____p

(iii) Rs. 8 and 45p = _____ + _____ = _____p

(iv) Rs. 5 and 75p = _____ + _____ = _____p

(v) Rs. 8 and 50p = _____ + _____ = _____p

**Answer:**

**3. **(i) 500 + 70 = 570p

(ii) 900 + 40 = 940p

(iii) 800 + 45 = 845p

(iv) 500 + 75 = 575p

(v) 800 + 50 = 850p

**4. ****Convert into ****rupees and ****paise.**

(i) 275p = Rs. _____ and _____p

(ii) 870p = Rs. _____ and _____p

(iii) 250p = Rs. _____ and _____p

(iv) 665p = Rs. _____ and _____p

(v) 995p = Rs. _____ and _____p

**Answer:**

**4. **(i) Rs. 2 and 75p

(ii) Rs. 8 and 70p

(iii) Rs. 2 and 50p

(iv) Rs. 6 and 65p

(v) Rs. 9 and 95p

The conversion of the amounts of money will help the
students to solve different types of problems on Indian **coins **and** currency notes**.

**Related Concept**

**● ****Money**

**● ****Writing
Money in Words and Figure**

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