Indian Money
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. We use money to pay for things that we buy. In India, money is used both in the form of coins and currency notes.
We use rupees and paise as money.
Money comes in notes and coins of different values. Notes and coins come in
different size, shape and colour for making it easier to identify them.
Given below are pictures of some notes and
coins that we use as money to buy things.
Money is available in two forms (i) Coins and (ii) Currency notes.
Coins: The shapes and size of coins are changed from time to time. Nowadays the coins of one paise to twenty paise are not in use. The coins of 50-paise, 1-rupee, 2-rupee and 5-rupee denominations are mostly in use.
Different types of Indian Coins with different shapes
and sizes:
Some coins which are not in use:
Some coins which are in use:
Currency Notes: The shapes, sizes and designs of these currency
notes are changed from time to time. In case of 1-rupee, 2-rupee and 5-rupee
denominations, both coins as well as notes are used. One rupee, two rupee notes
are rarely available now. Five rupee, ten rupee, twenty rupee, fifty rupee
notes are available now.
Different types of Indian Currency notes:
Some notes which are in use:
Nowadays mostly coins of one
rupee, two rupee and five rupee are in use.
LET US RECALL
We already know that in our country, money is counted in rupees (₹) and paise (p), and is available as coins and notes.
It was announced on 8th November, 2016 that the 500 and 1000 currency notes were being banned from the same midnight. New currency notes of 500 and 2000 were launched instead.
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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
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.
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
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
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
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.
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
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
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
Related Concept
● Writing
Money in Words and Figure
● Conversion
of Money
● Addition
of Money
● Subtraction
of Money
● Multiplication
of Money
● Division
of Money
3rd Grade Math Worksheets
3rd Grade Math Lessons
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