Use of Decimal to Represent Money
We
use decimals everyday while dealing with money. While writing rupee and paise,
we use point to separate rupee from paise. We call this dot the decimal point.
We can write rupees and paise as decimal numbers. Paise is always written as a
2digit number.
We use symbol
to express rupees and paise together in decimal number.
We know that 100 paise =
1. So, 1 paise =
^{1}⁄
_{100} =
0.01
So, 50p =
^{1}⁄
_{100} × 50 =
0.05
10p =
^{1}⁄
_{100} × 10 =
0.1
So, to convert paise into rupees, we place decimal after 2
digit from the right. To convert rupees and paise into paise, we remove the
decimal point.
For example,
11.45 = 11.15 × 100 p = 1145p
Solved Examples on Use of Decimal to Represent Money:
Write 7 rupees 3 paise in the form of rupees using decimal
rotation.
Solution:
7 rupees 3 paise =
7.03
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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

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.

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

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.

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

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 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 multiplication of money. This sheet provides different types of questions on multiplying the amount of money by a number; arrange in columns the amount of rupees and paisa and then multiply the amount by a number to find the

Read the questions given in the word problems on dividing money. We need to understand the statement and divide the amount of money as ordinary numbers with two digit numbers. 1. Ron buys 15 pens for $ 375.45. What is the cost of one pen? Number of pens Ron bought = 15

Read the questions given in the word problems on multiplying money. We need to understand the statement and multiply the amount of money as ordinary numbers with two digit numbers. 1. Max buys 25 books at the rate of $ 252.55 per book. How much did he spend?

A shopkeeper prepares a bill for different items purchased by the customer. A bill usually has details of items being sold, quantity, rate and the total cost. So, when we get a bill, we must check whether the quantity, price and the amount for each item have been entered

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
3rd Grade Math Worksheets
3rd Grade Math Lessons
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