Category :
1st Class
Money
Synopsis
- Money is used for buying things we need.
- In India, money is called rupees. Rs. is the symbol for rupees. Paise is written as p.
- Indian money is in the form of coins and notes. The value of each coin or note is written on it.
- 100 paise is 1 rupee. We write Rs. 1 = 100 p.
- 1 rupee is written as Rs. 1.
10 rupees is written as Rs.10.
50 paise is written as 50 p or Rs. 0.50.
- A coin has 2 sides - head and tail.
- Different combinations make different amounts of moriey.
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- The value of an object in terms of money is called its price or cost.
- The total value of money is called amount.