1st Class Mathematics Money

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.