# 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 paisaRs. 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 = × 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

Questions and Answers on conversion of money:

1. Convert the following:

(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. _____

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

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

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

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 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 Word Problems on Money | Simple Money Word Problems

Practice the questions given in the worksheet on word problems on money. Read the questions carefully to understand whether we need to add or subtract the bigger amounts of money, multiply

• ### 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.

• ### 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.

• ### 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

• ### 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.

• ### Coins and Currency Notes | Indian Rupee | Know your Currency | Notes

We will discuss here about coins and currency notes. We are already aware of the following coins and notes. Coins of 1 paise, 2 paise, 5 paise are not available

• ### 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

• ### 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

Related Concept