# Rupees and Paise

In our day-to-day life, we need many things. We buy these things from the market. In exchange of buying things, we pay money to the shopkeepers.

The money we use comes in two forms - coins and notes.

Coins are made of metal. Money made of paper is called a currency note.

In India money is counted in terms of rupees and paise.

Coins are available in the following denominations:

Notes are available in the following denominations:

Note: The notes and coins we use are called currency.

Money consists of rupees and paise; we require money to purchase things. 100 paise make one rupee. List of paise and rupees in the shape of coins and notes:

 Paise Coins5 paise10 paise20 paise25 paise50 paise Rupee Coins 1 rupee 2 rupees5 rupees Rupee Notes1 rupee 2 rupees 5 rupees 10 rupees 20 rupees 50 rupees 100 rupees 500 rupees 1000 rupees

Coins of 5 paise, 10 paise, 20 paise, 25 paisa and 50 paise have disappeared from our markets. Now, notes of 1 rupee, 2 rupees and 5 rupees re also fast disappearing.

1 rupee = 100 paise

Symbol of rupees ₹

In short form, we denote rupee by Re or ₹,

Rupees by Rs. or ₹ and paise by P.

Thus, we can write, 1 rupee as Re 1 or ₹ 1,

5 rupees as Rs. 5 or ₹ 5 and 50 paise as 50 P.

Keep in Mind: 1 rupee, 2 rupees, 5 rupees, 10 rupees and 20 rupees are available in both coins and notes.

Making amounts with coins:

Now with the coins we find the amount of money.

If there is a 50-paise coin, a 25-paise coin, a 20-paise coin and a 10-paise coin, then what is the total amount?

50 paise + 25 paise + 20 paise + 10 paise = 105 paise = 1 rupee 5 paise

We know two, fifty-paise coins have the value of one rupee.

i.e., 2 × 50 paise = 100 paise = 1 rupee

4 × 25 paise = 100 paise = 1 rupee

5 × 20 paise = 100 paise = 1 rupee

10 × 10 paise = 100 paise = 1 rupee

20 × 5 paise = 100 paise = 1 rupee

25 × 4 paise = 100 paise = 1 rupee

50 × 2 paise = 100 paise = 1 rupee

Knowing the value of different coins, we calculate the value of the total amount.

Worksheet on Money (Rupees and Paise):

1. How many coins will make the value equal to the coins given on the left?

 (i) (ii)

## You might like these

• ### 2nd grade math Worksheets | Free Math Worksheets | By Grade and Topic

2nd grade math worksheets is carefully planned and thoughtfully presented on mathematics for the students.

• ### Cardinal Numbers and Ordinal Numbers | Cardinal Numbers | Ordinal Num

Cardinal numbers and ordinal numbers are explained here with the help of colorful pictures. There are many steps in a staircase as shown in the above figure. The given staircase has nine steps,

• ### Adding 1-Digit Number | Understand the Concept one Digit Number

Understand the concept of adding 1-digit number with the help of objects as well as numbers.

• ### Adding 2-Digit Numbers | Add Two Two-Digit Numbers without Carrying

Here we will learn adding 2-digit numbers without regrouping and start working with easy numbers to get acquainted with the addition of two numbers.

• ### Subtracting 1-Digit Number | Subtract or Minus Two One-Digit Number

In subtracting 1-digit number we will subtract or minus one-digit number from one-digit number or one-digit number from 2-digit number and find the difference between them. We know that subtraction means to take away a set of objects from a collection.

From Rupees and Paise 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.

### 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.

Share this page: What’s this?

## Recent Articles

1. ### Constructing a Line Segment |Construction of Line Segment|Constructing

Aug 14, 24 09:52 AM

We will discuss here about constructing a line segment. We know how to draw a line segment of a certain length. Suppose we want to draw a line segment of 4.5 cm length.

Read More

2. ### Construction of Perpendicular Lines by Using a Protractor, Set-square

Aug 14, 24 02:39 AM

Construction of perpendicular lines by using a protractor is discussed here. To construct a perpendicular to a given line l at a given point A on it, we need to follow the given procedure

Read More

3. ### Construction of a Circle | Working Rules | Step-by-step Explanation |

Aug 13, 24 01:27 AM

Construction of a Circle when the length of its Radius is given. Working Rules | Step I: Open the compass such that its pointer be put on initial point (i.e. O) of ruler / scale and the pencil-end be…

Read More

4. ### Practical Geometry | Ruler | Set-Squares | Protractor |Compass|Divider

Aug 12, 24 03:20 PM

In practical geometry, we study geometrical constructions. The word 'construction' in geometry is used for drawing a correct and accurate figure from the given measurements. In this chapter, we shall…

Read More

5. ### Worksheet on Word Problems on Fractions | Fraction Word Problems | Ans

Aug 12, 24 02:23 AM

In worksheet on word problems on fractions we will solve different types of word problems on multiplication of fractions, word problems on division of fractions etc... 1. How many one-fifths

Read More