Conversion of Money
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
|
Rs. 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 = 100 p. So, to convert rupees into paise we multiply the number of rupees by 100.
Rs. 7 = 7 × 100 = 700 paise or 7 p
Rs. 9 = 9 × 100 = 900 paise or 9 p
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 850 p
Changing Rupees to Paisa and Vice Versa:
100 paisa is same as Rs. 1.
I: To change rupees to paisa, put two zeros at the end of number.
For example:
Rs. 3 = 3 x 100 = 300 p
Rs. 10 = 10 x 100 = 1000 p
II: To change paisa to rupees, put a point after the two digits from right.
For example:
684 p = Rs. 6.84
4500 p = Rs. 45.00
38 p = Rs. 0.38
III: To change rupees and paisa to only paisa, remove the point and write the numbers together.
For example:
Rs. 9.50 = Rs. 9 + 50 p = 900 p + 50 p = 950 p
Rs. 10.98 = 1098 paisa
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 |
Changing Money:
100 paise make 1 rupee.
Four 25 paise coins make 1 rupee.
Two 50 paise coins make 1 rupee.
Five 1 rupee coins can be changed for a 5 rupee coin.
Two 5 rupee notes can be changed for a 10 rupee note.
Two 50 rupee notes can be changed for a 100 rupee note.
Five 100 rupee notes can be changed for a 500 rupee note.
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 the following Paisa into Rupees:
(i) 278 p = Rs. _____
(ii) 396 p = Rs. _____
(iii) 482 p = Rs. _____
(iv) 325 p = Rs. _____
(v) 768 p = Rs. _____
(vi) 200 p = Rs. _____
(vii) 2500 p = Rs. _____
(viii) 1801 p = Rs. _____
(ix) 299 p = Rs. _____
(x) 2560 p = Rs. _____
(xi) 920 p = Rs. _____
(xii) 792 p = Rs. _____
(xiii) 3245 p = Rs. _____
(xiv) 610 p = Rs. _____
(xv) 1881 p = Rs. _____
(xvi) 670 p = Rs. _____
(xvii) 103 p = Rs. _____
(xviii) 480 p = Rs. _____
(xix) 1568 p = Rs. _____
(xx) 556 p = Rs. _____
Answer:
2. (i) Rs. 2.78
(ii) Rs. 3.96
(iii) Rs. 4.82
(iv) Rs. 3.25
(v) Rs. 7.68
(vi) Rs. 2.00
(vii) Rs. 25.00
(viii) Rs. 18.01
(ix) Rs. 2.99
(x) Rs. 25.60
(xi) Rs. 9.20
(xii) Rs. 7.92
(xiii) Rs. 32.45
(xiv) Rs. 6.10
(xv) Rs. 18.81
(xvi) Rs. 6.70
(xvii) Rs. 1.03
(xviii) Rs. 4.80
(xix) Rs. 15.68
(xx) Rs. 5.56
3. Convert rupees into paise.
(i) Rs. 5 = _____p
(ii) Rs. 7 = _____p
(iii) Rs. 3 = _____p
(iv) Rs. 10 = _____p
(v) Rs. 2 = _____p
(vi) Rs. 21.80 = _____p
(vii) Rs. 76.75 = _____p
(viii) Rs. 50.60 = _____p
(ix) Rs. 24.35 = _____p
(x) Rs. 17.75 = _____p
(xi) Rs. 62.35 = _____p
(xii) Rs. 90.25 = _____p
(xiii) Rs. 48.55 = _____p
(xiv) Rs. 71.25 = _____p
(xv) Rs. 36.78 = _____p
(xvi) Rs. 42.37 = _____p
(xvii) Rs. 24.00 = _____p
(xviii) Rs. 95.35 = _____p
(xix) Rs. 84.54 = _____p
(xx) Rs. 20.19 = _____p
(xxi) Rs. 25.60 = _____p
(xxii) Rs. 65.50 = _____p
(xxiii) Rs. 44.12 = _____p
(xxiv) Rs. 17.82 = _____p
(xxv) Rs. 28.82 = _____p
Answer:
3. (i) 500 p
(ii) 700 p
(iii) 300 p
(iv) 1000 p
(v) 200 p
(vi) 2180 p
(vii) 7675 p
(viii) 5060 p
(ix) 2435 p
(x) 1775 p
(xi) 6235 p
(xii) 9025 p
(xiii) 4855 p
(xiv) 7125 p
(xv) 3678 p
(xvi) 4237 p
(xvii) 2400 p
(xviii) 9535 p
(xix) 8454 p
(xx) 2019 p
(xxi) 2560 p
(xxii) 6550 p
(xxiii) 4412 p
(xxiv) 1782 p
(xxv) 2882 p
4. 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:
4. (i) 500 + 70 = 570p
(ii) 900 + 40 = 940p
(iii) 800 + 45 = 845p
(iv) 500 + 75 = 575p
(v) 800 + 50 = 850p
5. 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:
5. (i) Rs. 2 and 75 p
(ii) Rs. 8 and 70 p
(iii) Rs. 2 and 50 p
(iv) Rs. 6 and 65 p
(v) Rs. 9 and 95 p
The conversion of the amounts of money will help the
students to solve different types of problems on Indian coins and currency notes.
You might like these
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
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 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
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
Word Problems on Addition of Money |Money Word Problems|Money Addition
Let us consider some of the word problems on addition of money. We have solved the problems in both the methods i.e., with conversion into paise and without conversion into paise. Worked-out examples
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.
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
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
Indian Money | Coins | Currency Notes | Rupees and Paise |Indian Rupee
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.
Related Concept
● Money
● Writing Money in Words and Figure
From Conversion of Money to HOME PAGE
Didn't find what you were looking for? Or want to know more information about Math Only Math. Use this Google Search to find what you need.
Recent Articles
-
2nd Grade Geometry Worksheet | Plane and Solid Shapes | Point | Line
Dec 14, 24 02:12 PM
2nd grade geometry worksheet -
2nd grade math Worksheets | Free Math Worksheets | By Grade and Topic
Dec 14, 24 12:25 PM
2nd grade math worksheets is carefully planned and thoughtfully presented on mathematics for the students. -
Patterns in Numbers | Patterns in Maths |Math Patterns|Series Patterns
Dec 13, 24 08:43 AM
We see so many patterns around us in our daily life. We know that a pattern is an arrangement of objects, colors, or numbers placed in a certain order. Some patterns neither grow nor reduce but only r… -
Patterns in Math | Missing Number | Counting Numbers | Worksheets
Dec 13, 24 12:31 AM
Finding patterns in math is very important to understand the sequence in the series. We need to find the exact missing number that from the group of numbers. The counting numbers may be counting -
Concept of Pattern | Similar Patterns in Mathematics | Similar Pattern
Dec 12, 24 11:22 PM
Concept of pattern will help us to learn the basic number patterns and table patterns. Animals such as all cows, all lions, all dogs and all other animals have dissimilar features. All mangoes have si…
New! Comments
Have your say about what you just read! Leave me a comment in the box below. Ask a Question or Answer a Question.